Speaker 1
Honestly, just a new way of doing things. New way of doing things. You know, there’s a lot of things that you can’t do as an entrepreneur, some are profitable, some not so much. This seemed like the evolution of it all. It’s like you’re starting off here, you do a marketing agency, you do your own business, you do a retail store, whatever the case. But taking it to the level of being able to do a deal and buy a business, or consolidate a business or sell a business, that’s the evolution. For me, it was the logical next step.
Speaker 1
Right now, lead generation and marketing agency. Just focus entirely on home services, and bring them clients. So much. So much. Building your own loan company was kind of like the craziest thing I’ve ever heard of. It’s just like a smack on the head. Like, the greatest thing on the planet. But also just how easy it is to do a deal. I mean, what was it? It’s been 32 hours, I’ve already got prospects in, talking for booking a meeting. It’s insane. Insane to see something that’s that actionable.
Speaker 1
Yeah, the very first thing that we walk through is the sourcing. So I just thought through great, how do I apply it? What’s the easiest thing? Literally, just that night, 12:00 at night, typing stuff into my computer, making the automation work, and all of a sudden just woke up to folks saying, “Yeah, yeah. Let’s talk. Let’s talk more.” Like, “I love what you’re trying to do.” It was awesome just literally seeing calendar appointments drop in. 100%. 100%. I mean, compared to … Shoot.
Speaker 1
I mean, one of the most common things, agency. If someone’s going to say I’m going to help you build an agency, build freedom in your life, I mean yes you can do that, but you know, ease of path this was the fastest, easiest and one of the most simplest things that I’ve done to get from, “Okay, let’s understand it” to, “Okay, let’s start talking to people and actually literally getting them into a deal. You just can’t do that with an agency that quick.
Speaker 1
No, definitely first experience. I’ve gone down the rabbit hole of, “Oh, let’s buy a business, there’s tons on brokers websites for sale and all,” but never pulled the trigger. This just made it seem significantly easier than the idea of let’s go out, let’s get financing. Let’s talk to a bank and all that. This is just like, “No, no, no. Let’s just have the conversation,” and I mean you just take it off their hands. It’s unreal.
Speaker 1
For sure, yeah. The good first day and a half grinding it into you, like don’t bring the capital. Don’t go for debt. Go for the dollar approach, or the fully hands-off approach. It makes so much sense. So much sense. I thought there was going to be some trouble in making it apply, because I mean, there’s the U.S. approach, there’s the U.K. approach, but I mean when you’re not talking about any finance or anything it really is just talking to people, and that’s the same universally. It’s all the same.
Speaker 1
From [inaudible 00:02:45] ideal profile, it probably is the entrepreneur, someone who’s started building up a business or started down that path of I want to do something on my own, but they either don’t know what they want to do, or they have a skillset, they just don’t know how to monetize it better, and this is purely the evolution. If you’re reading books about building a business, scaling, about your skillset, this is the easiest way to take all that and apply it without really any risk to you. I mean, it is you’re coming into a business that typically is already generating cashflow, they’re generating revenue, they have customers. You just get to take your stuff and apply it in a pure sandbox, really.
Speaker 1
Definitely. Definitely. I mean, I can very clearly see even after the first half of the day just how you build this up to literally having millions and millions in the bank, and just between businesses you own, businesses you’ve sold, and relationships you’ve built. But literally just building that long-term wealth for whatever you invest in, and your return on that investment as well. Easy, I can see it just snowballing, and snowballing, and snowballing, every single deal you do. That’s been some of the craziest assortment, I wanted to say. Literally I thought it would be a lot of folks that similar level where I am, where they haven’t bought a business, or they don’t own a business, and then all of a sudden sitting next to a bunch of folks that some that own multiple business, some that have already sold businesses, some that are in the process of buying even more businesses.
Speaker 1
Some of you even doing in the middle of a roll up. So all the crazy stuff that you go down the rabbit hole, and you’re like, “I would love to do that.” You’re literally sitting at a table with folks that have done it, or that are in the process of doing it, and you can have a really awesome conversation about it.