Episode's summary
What does it take to build a company from scratch, sell it to Microsoft, and then start all over again? In Episode 243 of Let's Talk Business, Meny Hoffman sits down with Shlome Baum, a technology entrepreneur who founded FieldOne, a field service management software company acquired by Microsoft in 2015. Following the acquisition, Shlome spent years inside Microsoft, gaining a rare perspective on what it takes to build a successful startup and how one of the world's largest technology companies operates. Now, Shlome is back building another company, Emunet, an internet filtering technology focused on making online protection faster, smarter, and easier to use. In this conversation, Meny and Shlome explore the journey from entrepreneurship to a major acquisition, the experience of moving from a startup into Microsoft, and what brings an entrepreneur back to building something new. *You'll learn:* 👉 What it takes to build a technology company that attracts a buyer like Microsoft 👉 How running a startup…
What does it take to build a company from scratch, sell it to Microsoft, and then start all over again? In Episode 243 of Let's Talk Business, Meny Hoffman sits down with Shlome Baum, a technology entrepreneur who founded FieldOne, a field service management software company acquired by Microsoft in 2015. Following the acquisition, Shlome spent years inside Microsoft, gaining a rare perspective on what it takes to build a successful startup and how one of the world's largest technology companies operates. Now, Shlome is back building another company, Emunet, an internet filtering technology focused on making online protection faster, smarter, and easier to use. In this conversation, Meny and Shlome explore the journey from entrepreneurship to a major acquisition, the experience of moving from a startup into Microsoft, and what brings an entrepreneur back to building something new. *You'll learn:* 👉 What it takes to build a technology company that attracts a buyer like Microsoft 👉 How running a startup…
Episodes
How Shlome Baum Built, Scaled & Sold His Company to Microsoft - Episode 243
ListenedWhat does it take to build a company from scratch, sell it to Microsoft, and then start all over again? In Episode 243 of Let's Talk Business, Meny Hoffman sits down with Shlome Baum, a technology entrepreneur who founded FieldOne, a field service management software company acquired by Microsoft in 2015. Following the acquisition, Shlome spent years inside Microsoft, gaining a rare perspective on what it takes to build a successful startup and how one of the world's largest technology companies operates. Now, Shlome is back building another company, Emunet, an internet filtering technology focused on making online protection faster, smarter, and easier to use. In this conversation, Meny and Shlome explore the journey from entrepreneurship to a major acquisition, the experience of moving from a startup into Microsoft, and what brings an entrepreneur back to building something new. *You'll learn:* 👉 What it takes to build a technology company that attracts a buyer like Microsoft 👉 How running a startup…
FROM INCOME TO LONG-TERM WEALTH | Episode 6 with Meny Hoffman & Simeon Friedman
ListenedMost business owners are focused on making more money. But real wealth isn't built from income alone. It's built by creating a business that can grow, run without you, and eventually become an asset. In this final episode of the finance series, Meny Hoffman sits down with Simeon Friedman of Saul N. Friedman & Co. to talk about what separates business owners who simply earn a living from those who build lasting wealth. They discuss how to increase the value of your business, why systems and leadership matter more than working longer hours, how to know when it's time to hire a controller or CFO, and the partnership mistakes that can destroy even great businesses. You'll learn: 👉 The difference between owning a job and owning an asset 👉 What actually increases the value of a business 👉 When to hire a bookkeeper, controller, or CFO 👉 The biggest partnership mistakes business owners make 👉 How to build a company that can outlive you If you're building a business for the long term, whether to sell one day or pass…
CAN YOUR FINANCES HANDLE GROWTH | Episode 5 with Meny Hoffman & Simeon Friedman
ListenedMost business owners want to grow. But not every business is financially ready for growth. In Episode 5 of the finance series, Meny Hoffman sits down again with Simeon Friedman of Saul N. Friedman & Co. to talk about what it really takes to grow a business without creating a cash crisis. They break down the reports every business owner should be reviewing, how to compare actual numbers against your budget, why revenue growth can be misleading, and how one big client or one big deal can throw off the whole picture. They also get into funding growth, when a bank loan makes sense, when an investor may be the better option, and what business owners must understand before signing loan documents. You'll learn: 👉 Why growth needs financial planning 👉 What reports business owners should review regularly 👉 Why higher revenue does not always mean a healthier business 👉 How one big client can distort your numbers 👉 When to use a line of credit vs a term loan 👉 Why bank relationships matter before you need money 👉 What…
DON'T HURT YOUR BUSINESS | Episode 4 with Meny Hoffman & Simeon Friedman
ListenedMost business owners think the problem is sales. But sometimes the business is making money… and the owner is quietly draining it without realizing. In Episode 4 of the finance series, Meny Hoffman sits down again with Simeon Friedman of Saul N. Friedman & Co. to talk about one of the most overlooked parts of running a business: how to pay yourself properly without damaging your company. They break down salary vs distributions, LLCs vs S-Corps, cash flow discipline, partner compensation, and the dangerous habit of treating your business like a personal bank account. This episode is not about being cheap. It's about building a business that stays healthy long term. You'll learn: 👉 The difference between salary, guaranteed payments, and distributions 👉 Why many business owners accidentally destroy cash flow 👉 How reckless withdrawals hurt your leadership credibility 👉 The right way to move money between your business and investments 👉 Why clean financial structure matters when selling a company 👉 How personal…
COSTLY TAX MISTAKES | Episode 3 with Meny Hoffman & Simeon Friedman
ListenedMost business owners don't realize they made a costly tax mistake… until it's way too late to fix it. In Episode 3 of the finance series, Meny Hoffman sits down again with Simeon Friedman of Saul N. Friedman & Co. to break down one of the most misunderstood parts of running a business: taxes. Not loopholes. Not gimmicks. Real tax planning. They talk about the difference between reacting to taxes versus planning ahead, why so many business owners wait until April to think about taxes, and the expensive mistakes that happen when you don't fully understand your business structure, cash flow, and investments. They also get into LLCs vs S-Corps, passive losses, real estate write-offs, tax projections, and why "saving taxes" can sometimes lead to terrible business decisions. You'll learn: 👉 The difference between tax filing and tax planning 👉 Why January is already too late for many tax strategies 👉 LLC vs S-Corp explained simply 👉 Why profitable businesses still get crushed by tax bills 👉 The truth about passive…