MSMP 24: Michael Bereslavsky of Domain Magnate on Business and People Management

I have known Michael Bereslavsky as a Business Flipper who, at the same time runs a Private Equity Firm.  Michael specializes in buying and selling of established websites and made a career out of it.

He is joining me LIVE in today’s episode of Mads Singers Management Podcast to further share his thoughts in navigating his business and what made it successful.

Michael specializes in M&A of content, affiliate, e-commerce, and SaaS businesses. He was featured in numerous industry publications and conferences and consults entrepreneurs on buying and selling web businesses, marketing, and growth strategy.

For Michael, he looks at three things in discerning whether or not a business is a good deal. He looks at the numbers, risks, and opportunities.

The above mentioned preliminary requirements are fostered from the framework Michael follows which involves one of his greatest assets - people.

With Michael’s intent to maximize and expand his business, he acknowledges that he needs to overcome the challenge of recruiting and hiring the right person with the right talent for the needed role. He mitigates this predicament by being upfront and clear to what his vision is and how he thought it to be successful.

 

Michael Bereslavsky is the man who makes things happen.

 

Sharing real business stories, told week by week.

 

Key Learning Points:
  1. Michael Bereslavsky’s Requisites for Business Acquisition - 12:27, 30:50
  2. Michael Bereslavsky’s High-Level view in Getting the Best Out of his Team - 14:52
  3. Michael Bereslavsky’s Biggest Management Failure - 1:01:56
  4. Overcoming Business Predicaments - 39:52
Resources Mentioned: 
  1. Winning by Jack Welch 
  2. Principles by Ray Dalio 
Connect with Michael Bereslavsky on the following online handle(s): 
  1. Facebook 
  2. Website
  3. Linkedin