I've watched entrepreneurs generate $80,000 in their first month by focusing on marketing first and subcontracting fulfillment instead of building a full operation.
Twitter: Person managing $500 million business has 23 followers and no profile pic
LinkedIn: Person who never does any work has 150,000 followers and 10,000 likes per post
This is a very long thread. @SamtLeslie asked to give the playbook for service companies so here it is. Follow it and you’ll get to 5M+ in a few years.
This is pure operations playbook.
No leadership, financial or HR discussion. Enjoy.
This listing is so stupid.
A $1.83M rev HVAC company could easily be 3 full time employees, no office staff, no systems and could be built in like 12 months.
I’ve seen it done - someone tried to sell me one last year they got to 1.9 in 16 months and offload it for $2M.
Most people can buy a $300,000 SDE business and change their life but they have no idea what those ops look like.
Well grab a coffee, kick your feet up, and let me show you.
Over the past few months I’ve substantially reduced my alcohol intake. I’ve gone from 6-8 drinks a week down to 2.
No difference in sleep, weight, appearance or feeling.
Bummed out! All the anti-booze folks say I should be walking on water by now.
There are a thousand ways to structure a holding company.
Our HoldCo has a portfolio of 5 home service businesses with 120+ team members.
Here’s how we structure our holdco:
I have never been asked by a business partner, bank, acquisition target, or team member where I went to college.
Tens of millions in revenue, Millions in deals, millions in lending.
Nobody cares.