Mike Strakhov's guest appearances

Mike Strakhov

Spot On Insurance

Trusted Advisor Podcasts by The Iroquois Group

John Lee Dumas

Andrew Peters

John Warrillow

Dan Brown

Laura Adams

Ryan Hanley

Jennifer Morrison

Scott Mautz

Dan Faggella

Bryan Falchuk

Eric Allen

Kate Erickson

Jeffrey Brown

Rick Fox

Brian Allen

OwlTail

Apple Podcasts Rate and Review for SpotOn Mike Strakhov is the Senior Vice President at Live Oak Bank, a digital, cloud-based bank with no ATMs, branches, or tellers. They are a lending company that aims to be America’s small business bank. He co-founded the insurance lending vertical, including building the team and developing strategies for short and long-term goals. As SVP, Mike is responsible for developing referral partnerships with agency networks, consultants, and various insurance carriers across the US. Mike joins us today to discuss the surge of mergers and acquisitions in 2021 and what he expects to see in 2022. He shares his career experiences before working with Live Oak Bank and the time he was part of the insurance industry. He explains how the pandemic didn’t stop the mergers and acquisitions transactions from happening in record numbers and describes why he and his company are bullish on agency acquisitions today and for the foreseeable future. Mike also shares the steps you should take before deciding to sell an agency and the taxes and fees in-between. "Debt and taxes are part of the whole she-bang, so you're going to pay it one way or the other." - Mike Strakhov Today on Spot On Insurance:  Mike's career and the different hats he's worn over the years. Why the insurance industry is so resilient. Mike's thoughts on 2020 and how the year still had record-breaking mergers and acquisitions. How the Biden administration will change the current market climate. The acquisition status of the startup industry. How will the surge of mergers and acquisitions affect the industry? What Mike expects 2021 to be and what the future holds. Why Mike is bullish on agency acquisitions. The steps you need to take when selling an agency. Why 2021 is a good time for agencies in terms of bank lending.  Key Takeaways:  It takes several years to get your financials in order. Taxes will always be part of the equation, even in retirement. In selling agencies, having everything in order is impactful on the price you're going to get paid.  Connect with Mike Strakhov:  Live Oak Bank Mike Strakhov on LinkedIn Email: michael.strakhov@liveoak.bank Phone: (614) 361-9482  This episode was brought to you by….. Insurance Licensing Services of America (ILSA), America’s Premier Insurance Compliance and Licensing experts. To learn more about ILSA and their services, visit ILSAinc.com. Connect, Learn, Share Thank you for joining us on this week’s episode of Spot On Insurance. For more resources and episodes, visit SpotOnInsurance.com. Subscribe so you never miss an episode. Love what you’re learning, Spot Light your review on Apple Podcasts Rate and Review For SpotOn and share your favorite episodes with friends and colleagues!

<a href="https://podcasts.apple.com/podcast/id1257907697?ls=1&amp;mt=2" rel="nofollow" target="_blank">Apple Podcasts Rate and Review for SpotOn</a> Mike Strakhov is the Senior Vice President at <a href="https://www.liveoakbank.com/" rel="nofollow" target="_blank">Live Oak Bank</a>, a digital, cloud-based bank with no ATMs, branches, or tellers. They are a lending company that aims to be America’s small business bank. He co-founded the insurance lending vertical, including building the team and developing strategies for short and long-term goals. As SVP, Mike is responsible for developing referral partnerships with agency networks, consultants, and various insurance carriers across the US. Mike joins us today to discuss the surge of mergers and acquisitions in 2021 and what he expects to see in 2022. He shares his career experiences before working with Live Oak Bank and the time he was part of the insurance industry. He explains how the pandemic didn’t stop the mergers and acquisitions transactions from happening in record numbers and describes why he and his company are bullish on agency acquisitions today and for the foreseeable future. Mike also shares the steps you should take before deciding to sell an agency and the taxes and fees in-between. "Debt and taxes are part of the whole she-bang, so you're going to pay it one way or the other." - Mike Strakhov Today on Spot On Insurance: <ul> <li>Mike's career and the different hats he's worn over the years.</li> <li>Why the insurance industry is so resilient.</li> <li>Mike's thoughts on 2020 and how the year still had record-breaking mergers and acquisitions.</li> <li>How the Biden administration will change the current market climate.</li> <li>The acquisition status of the startup industry.</li> <li>How will the surge of mergers and acquisitions affect the industry?</li> <li>What Mike expects 2021 to be and what the future holds.</li> <li>Why Mike is bullish on agency acquisitions.</li> <li>The steps you need to take when selling an agency.</li> <li>Why 2021 is a good time for agencies in terms of bank lending.</li> </ul> Key Takeaways: <ul> <li>It takes several years to get your financials in order.</li> <li>Taxes will always be part of the equation, even in retirement.</li> <li>In selling agencies, having everything in order is impactful on the price you're going to get paid.</li> </ul> Connect with Mike Strakhov: <ul> <li><a href="https://www.liveoakbank.com/" rel="nofollow" target="_blank">Live Oak Bank</a></li> <li><a href="https://www.linkedin.com/in/mike-strakhov-cpcu-54098511/" rel="nofollow" target="_blank">Mike Strakhov on LinkedIn</a></li> <li>Email: michael.strakhov@liveoak.bank</li> <li>Phone: (614) 361-9482</li> </ul> This episode was brought to you by….. Insurance Licensing Services of America (ILSA), America’s Premier Insurance Compliance and Licensing experts. To learn more about ILSA and their services, visit <a href="http://www.ilsainc.com/" rel="nofollow" target="_blank">ILSAinc.com</a>. Connect, Learn, Share Thank you for joining us on this week’s episode of Spot On Insurance. For more resources and episodes, visit <a href="http://spotoninsurance.com/" rel="nofollow" target="_blank">SpotOnInsurance.com</a>. Subscribe so you never miss an episode. Love what you’re learning, Spot Light your review on <a href="https://podcasts.apple.com/podcast/id1257907697?ls=1&amp;mt=2" rel="nofollow" target="_blank">Apple Podcasts Rate and Review For SpotOn</a> and share your favorite episodes with friends and colleagues!

Ep. 208: Mike Strakhov: Financing Your Next Acquisition

Our podcasts are for informational purposes only and are not intended as legal or financial advice.  We strive to present a variety of viewpoints on our podcasts and not all of those viewpoints reflect those of The Iroquois Group.

Our podcasts are for informational purposes only and are not intended as legal or financial advice.  We strive to present a variety of viewpoints on our podcasts and not all of those viewpoints reflect those of The Iroquois Group.

Live Oak Lending with Mike Strakhov 