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007 - Home service vertical integration, quit job to start a biz, bandit signs, bookkeeping biz and 50/50 partnership advice.

007 - Home service vertical integration, quit job to start a biz, bandit signs, bookkeeping biz and 50/50 partnership advice.

FromThe Koerner Office - Enabling your shiny object syndrome. Business ideas, advice and deep dives.


007 - Home service vertical integration, quit job to start a biz, bandit signs, bookkeeping biz and 50/50 partnership advice.

FromThe Koerner Office - Enabling your shiny object syndrome. Business ideas, advice and deep dives.

ratings:
Length:
58 minutes
Released:
Mar 26, 2024
Format:
Podcast episode

Description

01:38 - Home service vertical integration (Question pertained to a landscaping business worth around $3 million, inquiring about potential vertical integration and additional services to incorporate)09:37 - What should he quit his job to start? (The second individual was contemplating quitting their job and seeking advice on what to pursue next, a common query. They appeared to appreciate the guidance provided.)21:59 - Bandit signs (The inquiry came from someone in the Dallas-Fort Worth area seeking advice on using bandit signs to promote their wife's cleaning business. Drawing from personal experience, I provided guidance on the matter.)32:19 - Bookkeeping biz (This came from a financial professional interested in hiring virtual assistants to provide specialized bookkeeping services to a distinct niche.)39:20 - 50/50 partnership (Ryan sought advice on starting a partnership with a friend, aiming for a 50-50 split despite my newsletter's caution against it. After delving into the partnership details, I offered tailored recommendations)
Released:
Mar 26, 2024
Format:
Podcast episode

Titles in the series (100)

What if there were a Dave Ramsey for entrepreneurs? Or wantrepreneurs? Now there is. 100% live, impromptu, improv and unscripted.Business owners have a massive problem: they need help. They live in a vacuum and can't afford a coach or consulting. That's where I come in. I've built over 20 companies and run 6 right now, with revenues in the 10s of millions. I've been starting and running companies since age 9 - literally! I passed the 10,000 hour rule a decade ago.Every Friday at 12pm CST I host a live call in show on Twitter for business owners. Call in and ask any business question you want, such as:1. How should I grow my pressuring washing business?2. When should I fire my employee?3. Should I quit my job for this business idea?4. How would you grow my business idea?Or, people can just call in and brag about their profit margins in their niche business that no one has ever heard of.To listen or call in live, follow me on Twitter here: https://twitter.com/mhp_guy or @mhp_guy and look for a tweet at noon CST every Friday.Either way, it makes for great content.This will be a 10 week experiment, ending on on April 26th, 2024. By that date, if this podcast is:1. Growing fast by that date2. Getting awesome feedback3. Giving me energyThen I'll keep doing it. If not, I won't.Podcasts are hard. Putting an end date on it makes it more manageable for me. If you love it and want it to continue on past April 26th, share it with your friends to make it grow!See you on Friday. :)