The Buyer of Your Business is a Full-Time Predator and You're Part-Time Prey - Armor Up with Kirk Michie: An EOFire Classic from 2022

Entrepreneurs on Fire

John Lee Dumas

Entrepreneurship, Business, Careers

4.8 • 4.1K Ratings

🗓️ 11 January 2026

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

From the archive: This episode was originally recorded and published in 2022. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL's in these archive episodes are still relevant.

Kirk Michie is the founder of Candor Advisors. For more than 30 years, he has worked with entrepreneurs, closely held business owners, and high net worth families to achieve their strategic planning, liquidity, investment, and legacy objectives.

Top 3 Value Bombs

1. Every successful business and every successful founder has figured out, whether through impulses or versions of scaling, how to make their business more successful. Just because your business is successful, doesn't mean it's valuable.

2. A lot of times, what the sellers really want is to do something else, be that retirement, or investment in another business, or to come to the office less often, or not have the responsibility of managing people anymore.

3. When you're a successful entrepreneur, chances are, you have ignored a lot of well-meaning, but poor advise. And, your impulses, which may or may not scale, have caused a lot of your success.

Guiding successful founders to better outcomes - Candor Advisors

Transcript

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0:00.0	Light that sparked Fire Nation. JLD here and welcome to entrepreneurs on fire.
0:07.3	Brought to you by High Level, the all-on-one sales and marketing platform.
0:11.1	On today's classic episode, we'll be breaking down the buyer of your business is a full-time
0:15.8	predator in your part-time prey. Armour up.
0:19.2	To drop these via bombs, I brought to Kirk Michi into Eofire
0:21.8	Studios. Kirk is the founder of Candor Advisors. For more than 30 years, he has worked with
0:26.1	entrepreneurs, closely held business owners, and high net worth families to achieve their strategic
0:30.1	planning, liquidity, investment, and legacy objectives. In today's show, we talk about how
0:33.8	every successful business and every successful founder has figured out, whether throughses or versions of scaling how to make their business more successful.
0:41.3	Just because your business is successful doesn't mean it's valuable and owe so much more.
0:46.2	And a big thing of a smartening today's episode goes to Kirk and our sponsors.
0:50.8	Fire Nation, we believe this is your year to transform your business. Start your transformation by
0:56.0	attending the world's highest rated business growth workshop taught personally by Clay Clark and featuring
1:00.2	football star and entrepreneur Tim Tebow and President Trump's son, Eric Trump, at ThriveTimeshow.com
1:06.1	slash EO. Fire. Again, request life-changing tickets today at ThriveTimeshow.com slash EO Fire.
1:14.0	Are you ready for the ultimate all-in-one platform for entrepreneurs, marketers, coaches, and
1:19.3	agencies, build funnels, automate follow-ups, manage clients, and even white label your
1:24.4	own software, say hello to our featured partner High Level and visit
1:29.9	high level fire.com to start your free trial today.
1:36.5	Kirk, say what's up to Fire Nation and share something that you believe about becoming successful that most people disagree with.
1:46.6	Hey, hey, what's up, Fire Nation?
1:48.6	I would say, digging into the emotional side of why you're doing what you're doing
	...

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