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Multiple Exits and M&A Digital Nomad 100+ Countries
What you missed on How2Exit This week
Ronald Skelton
October 22, 2024
Weekly Recap
E251: From $3M to $11M in 3 Years: Nikolas Hulewsky's Entrepreneurial Secrets Revealed!
About the Guest(s):
Nicholas Hulewsky is a seasoned entrepreneur and investor with a rich background in healthcare and mergers and acquisitions. Growing up as the son of an immigrant in a large and financially struggling family, Nicholas learned the value of hard work and opportunity at an early age. After a decade in corporate healthcare, he ventured into entrepreneurship, successfully growing and eventually exiting multiple businesses, including a medical billing company and a home health and hospice service. Currently, he operates a holdco involved in various sectors, such as real estate, cryptocurrency, tree trimming, and an AI healthcare startup.
Episode Summary:
In this episode of the "How2Exit Podcast," hosted by Ronald Skelton, the guest Nicholas Hulewsky shares his remarkable journey from modest beginnings to becoming an accomplished entrepreneur and investor. He explains how his family's immigrant background and experiences of poverty fueled his drive for success. After accumulating valuable experience in the healthcare sector, Nicholas transitioned into entrepreneurship, where he acquired and scaled companies, ultimately making successful exits.
The discussion delves into Nicholas's investment philosophy and approach to building a diverse portfolio within his hold company. The conversation touches on topics like market research, off-market acquisitions, building relationships, and identifying opportunities with great potential. He also emphasizes the importance of emotional intelligence in business dealings, expressing the need for genuine curiosity and rapport building. Ronald and Nicholas explore how ADHD can be a superpower in entrepreneurship, allowing for a dynamic approach to finding and nurturing business opportunities.
Key Takeaways:
Rapport Building and Trust: Establishing genuine connections and trust with sellers is crucial for successful negotiations and acquisitions.
Diverse Venture Portfolio: Nicholas's holdco spans industries from crypto to healthcare, showcasing the value of diversified investments.
The Power of Curiosity: Emphasizing curiosity and an eagerness to learn as invaluable traits for any entrepreneur.
Off-Market Acquisition Strategy: Nicholas shares insights on finding off-market deals, stressing the importance of targeted research and strategic outreach.
Leadership Qualities: Identifying operators who show leadership, adaptability, and a strong desire to grow is key in choosing partners for business ventures.
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Attention Business Brokers, Advisors, Acquisition Entrepreneurs, and SMB Owners!
Do you want to stay ahead of the game in the SMB M&A market? The Hub is the solution you need! This curated newsletter brings you the best highlights from blogs, podcasts, YouTube, and news sources, all in one place. Growth & Acquisitions
E250: Building a Digital Empire: Michael Swigunski’s Journey from Digital Nomad to SaaS Entrepreneur
About the Guest(s):
Michael Swigunski is a global entrepreneur, author, TEDx speaker, and digital nomad. Having been an early employee at Empire Flippers, Michael played a critical role in the rise of one of the world's largest online businesses for buying and selling digital assets. With over a decade of experience under his belt, he has traveled to more than 100 countries, all while enhancing his professional journey in remote work, digital marketing, and entrepreneurship. Michael is also the founder of Global Career, a platform that empowers individuals to live and work remotely. He has published a bestselling book, "Global Career: How to Work Anywhere and Travel Forever," guiding readers on how to pivot from traditional office jobs to remote working and digital business creation.
Episode Summary:
In this episode of the How2Exit podcast, host Ronald Skelton interviews Michael Swigunski, an influential figure in the digital nomad community and a pioneer in online business acquisitions. Starting as an early employee at Empire Flippers, Michael shares his extraordinary journey from a small town in Missouri to becoming an international entrepreneur working remotely across the globe. The discussion traverses through Michael's career transitions from academia in Prague to tech startups in Australia and New Zealand, leading to his strategic role at Empire Flippers. During the interview, Michael emphasizes the importance of aligning career pursuits with personal passions, showcasing how he combined his love for travel and business into a fulfilling career.
The conversation delves into Michael's ventures post-Empire Flippers, focusing extensively on his entrepreneurial journey with Global Career. His insights highlight the growing potential in software as a service (SaaS) and digital product offerings, which he identifies as lucrative avenues for aspiring entrepreneurs. The episode also explores how Michael's diverse experiences have shaped his understanding of international markets and business operations, mentioning how his Global Career initiative helps people break free from traditional work models to embrace the flexibility of remote work, freelancing, or starting their own digital businesses.
Key Takeaways:
Michael Swigunski's professional journey underscores the power of combining passion with work, as seen in his global travel while pursuing a remote career.
Emphasizing practical entrepreneurship, Michael identifies SaaS and digital products as prime business models for sustainability and growth in the online space.
Success in remote work and entrepreneurship often involves calculated risk-taking and leveraging unique cultural insights gained from international experiences.
Building and managing effective teams can be more critical than mastering technical skills, particularly in software businesses.
Having a strong mindset and setting structured goals is essential for achieving the dream of working and living anywhere in the world.
Article:
Founding Member Shout-Out (Still room here -$400 one time)
Shout out to our new founding member. With over 30 years in M&A, this company offers the lowest priced (way undervalued) course on helping you buy good businesses. Very underpriced - get it now before they finish upgrading the site and very likely up the pricing.
