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How to Keep Doing the Fun Stuff with Michael Frew

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Michael Frew

Michael Frew is a technology veteran with 20+ years of experience working with major players like Lockheed Martin, IBM, and Amazon.

Following his corporate career, he pivoted to Acquisition Entrepreneurship, acquiring software and SaaS companies, and using his boot-strapped funds to purchase multiple 6 and 7 figure businesses from brokers such as Empire Flippers, FE International and Quiet Light Brokerage.

He now manages a growing 8-figure portfolio of cloud-based software companies, collectively generating a 7-figure pre-tax annual income.

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Michael Frew

Resources

Check out Michael Frew’s website – michaelfrew.com

Check out Michael Frew’s YouTube channel – youtube.com/@michaelfrew

2 Top Career Tips

1) There is always the opportunity to acquire a business rather than start a new business. There’s a lot of information on the internet about bootstrapping start-ups but it’s not the only path to owning a business. It’s quite realistic to consider acquiring a business from an entrepreneur when they’re looking to move onto the next thing. In 2024 many entrepreneurs are looking into starting businesses around artificial intelligence and selling businesses that they currently own.
2) Don’t fret if you feel like you’re not a good entrepreneur. You can be a good operator and still be a successful entrepreneur with your own business.

Show Notes

Worst Career Moment

This was the first time that Michael decided to quit a good and well-paid job. At the time he didn’t have any money saved and he owned an expensive apartment in Chicago. However, Michael felt that it was something he needed to do to get his career heading in the right direction.

Career Highlight

Acquiring his first six figure business. It was the first time that he had to deal directly with customers and his own money was involved. He found that the ups and downs of the business affected his mood every day. But finding out after the first month that he could do it and that it was what he should be doing was fantastic.

Many of us aren’t the greatest zero to one entrepreneurs, so the trick for Michael was to pick up a business that was already running and successful.

The Future

Michael has always noticed that there aren’t a lot of older engineers around in organisations due to the typical promotion path into management.

By acquiring a business you can be at the front of the business and continue to work on the fun stuff. It’s great to know that these opportunities will continue into the future.

The Reveal

What first attracted you to a career in I.T.?

Michael wanted to go to the Airforce Academy to be a pilot but ended up doing his second favourite thing

What is the best career advice you’ve ever received?

Remember that the long-term goal is to be better every single time

What is the worst career advice you’ve ever received?

If you don’t like your job quit it and go start a business

If you had to begin your career again in today’s world, what would you do?

Round out your skills so that you know a bit about everything

What career objectives are you currently focusing on?

Once every 18 to 24 months, try to acquire a software or SaaS business

What’s the number one non-technical skill that has helped you in your career so far?

Office politics. It’s about how you make friends, how you negotiate, how you get people to like you and to respect your work.

What do you do to keep your own career energized?

The business acquisition process brings a challenge of the unknown and brings energy

What do you do in your spare time away from technology?

Reading a lot of books, particularly biographies and science fiction. Anything except cooking and romance.

Contact The Guest

Contact Michael Frew through the following social media platforms:

X: x.com/point_of_frew

LinkedIn: www.linkedin.com/in/michaelfrew/

Instagram: instagram.com/point_of_frew

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