Rand Larsen (@RandBusiness) / X

Rand Larsen

8,252 posts

Rand Larsen

@RandBusiness

I build peer groups for business owners and sharing our community’s insights here. Hosting SMB/ETA Meetups all around North America

Join the fun 👉

Joined December 2018

Pinned
Rand Larsen
@RandBusiness
Dec 7, 2024
For all of you wondering how I make money, this is how: In early 2022, I met an acquisition entrepreneur who had lost close to $2,000,000 after buying his business. We’re eating dinner together, and something he said really hit me: “I think I just financially screwed my
41K
Rand Larsen
@RandBusiness
Nov 26, 2023
Replying to @TheNolanGore and @LeadershipAcad1
Shit, I’d buy one for my personal vehicle, those things look cool
61K
Rand Larsen
@RandBusiness
Nov 23, 2023
I interviewed another towing company owner about how he retains big customers Here's the tactic: "I have thank you cards that my wife and I send out. We mail out ~30 thank you cards a day and spend ~$10,000 a year on them. Customers LOVE them and they build a ton of good will
138K
Rand Larsen
@RandBusiness
Feb 25, 2023
Talked with a buddy who runs a $20M+ distribution co yesterday. “The real price of a Ferrari is $1,000,000, $300k for the Ferrari $50k in maintenance $650k in employee turnover, recruitment costs, new hire training, and productivity loss when people find out I own a Ferrari.”
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Rand Larsen
@RandBusiness
Jun 18, 2021
Fort Capital has acquired over $559MM in Industrial and Flex CRE all over Texas. They currently do ~13 deals every year with a hyper-efficient team of analysts, Managers, and executives Here is @fortworthchris's 12 step process to acquisitions
Rand Larsen
@RandBusiness
Nov 3, 2025
- Business owner in our plumbing/HVAC group - notices business is slow - looks into it - google ads is busted - been busted for days, didn't notice - pulls a list of 75 customers they did work for last year - gives list to 2 CSRs - "call these people" - gives them outbound script
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Rand Larsen
@RandBusiness
Mar 29, 2025
I have 8 domains I own for future business ideas I will probably do nothing with for the next several years. It's an addiction and I have no plans on stopping. Does anyone else do this?
47K
Rand Larsen
@RandBusiness
Sep 25, 2024
Ben Little does $55,000,000 in annual revenue with his 14 restaurants. Something you all need to learn from Ben is that while he's successful today, his journey has not been easy In his words, here's his first 18 years of revenue from his first restaurant: 05': $698,201 (lost
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Rand Larsen
@RandBusiness
Oct 14, 2025
Can someone explain the economics of walk in coffee shops to me? Specifically not big franchises or chains. I work from these places fairly frequently, and rarely ever see a place I’d assume is doing well financially. Feels like they get one customer paying $5-$20 every 15-20
40K
Rand Larsen
@RandBusiness
Mar 14, 2025
A common theme I’ve noticed with most entrepreneurs who bought a business 2-3 years ago… The idea of “buy a small business, grow it over 30 years, own 100% of it” becomes less desirable. At the 2-3 year mark (depending on business scale) you start seeing the realities and
106K
Rand Larsen
@RandBusiness
Nov 15, 2023
Replying to @SMB_Attorney
This guy takes cold showers for sure
29K
Rand Larsen
@RandBusiness
Nov 24, 2024
Replying to @Camp4
$42,000. Gets me 80% of the way there
14K
Rand Larsen
@RandBusiness
Mar 17, 2025
My business made the daily cover story of Forbes today! Super cool life milestone If you’ve been following my story, you’ll know that I started building peer groups for small business owners because I met a business owner in deep shit 3 years ago. - lost $1.8M his first year
23K
Rand Larsen
@RandBusiness
May 28, 2025
Business owner on a peer group call today said he was burnt out, despite having a dream business - Almost at $1M in ebitda - Does maybe 6 hours a day of actual work - Not involved in 90% of the day-to-day minutia He just got back from 2 weeks in Japan. Should have been the
68K