When To Walk Away: Selling or Closing Your Business With Mike Birdsall

Mike Birdsall is the Director of Business Development at DOXA Talent, a company dedicated to helping businesses build skilled nearshore and offshore teams. For over 30 years, he has partnered with business leaders to develop practical solutions that drive sustainable growth and long-term success. Previously, Mike co-founded Birdsell Interactive, an award-winning design and consulting firm, and launched DateBox Club, a subscription service that gained significant traction. In this episode… What do you do when your business is no longer thriving? Do you double down, pivot, or walk away? For many entrepreneurs, knowing when to sell or shut down can be one of the hardest decisions, filled with emotional and financial complexities. Mike Birdsall, a seasoned entrepreneur with over 30 years of experience, shares his insights on making tough business decisions. Mike reflects on his journey of founding and scaling multiple companies, including a subscription box service that soared during COVID-19 but later faced cash flow challenges. He highlights the importance of knowing your skill set, being transparent with your finances, and leveraging peer networks for honest feedback. Mike also emphasizes the need for business owners to recognize when their venture no longer aligns with their strengths or brings them fulfillment. Tune in to this episode of the Smart Business Revolution Podcast as John Corcoran interviews Mike Birdsall, Director of Business Development at DOXA Talent, about navigating business exits and strategic pivots. Mike shares how he transitioned from B2B to D2C, scaled his subscription box company to 5,000 monthly orders, and ultimately made the tough decision to sell. Mike also delves into his early days in sales, the impact of 9/11 on his business, and the power of strong entrepreneurial networks.