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To Leverage or Not To Leverage?
Doing the podcast gives me the privilege of talking to some successful individuals in various stages of their lives, and their businesses. Whether they're in their first decade or planning to retire in the near future, they all have had their own set of lessons. Today's article is going to discuss debt, how much to take on and when. In a recent interview with Mike Briggs, the owner of Minnesota Firearms, I asked him a common question entrepreneurs get. What would you do if yo
adammeansbusinessm
Oct 1, 20253 min read
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3 Lessons I Learned Selling My First Business.
I spent over a decade growing the business I bought and taking it to new heights. I put in long hours, many miles on the road and took it from a tiny operation to a dozen employees and a handful of large customers. Life was good. Stressful, but good. I felt the need for a change of pace, a different industry, a different offering. Something. Anything . I knew that it was time for the next chapter in my life. Confidentiality - I knew this wasn't just a temporary one off feeli
adammeansbusinessm
Oct 1, 20252 min read
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4 Lessons I Learned Buying My First Business
Buying my business was one of the most significant choices I made in my life. It involved not just financial investment but also huge emotional commitment. Whether you are a seasoned entrepreneur or a first-time buyer, having the right resources and guidance can make all the difference. In this post, I'll share a bit about my experience to help guide you with yours. Representation When my wife and I bought our first business, our only representation was the vice president of
adammeansbusinessm
Oct 1, 20252 min read
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