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  1. CPisHere

    apparently, four is a good number

    EXECUTION 
    Apparently four is NOT a good number (it could be for someone else, but it isn't working for you). Focus exclusively on the lab supply business because it already has traction. Double the monthly profit by the end of this year. Once you've done that, you can consider doing something with the...
  2. CPisHere

    Making Money For Dummies (And In a Crowded Market)

    GOLD! HOT! 
    ICK, how long did it take you from the time you took over until you felt comfortable running/growing it?
  3. CPisHere

    Go to INBOX at the top right, then 'Start a New Conversation'

    Go to INBOX at the top right, then 'Start a New Conversation'
    • CPisHere
    • Profile post comment
  4. CPisHere

    "I Will Teach You To Be Poor" by Ramit Sethi

    HOT! 
    The principles of I Will Teach You To Be Rich are completely applicable to the Fastlane - he is just addressing it within a slowlane mentality. His systems for automatically paying your bills and saving money are solid and totally outside of fastlane vs slowlane.
  5. CPisHere

    Making Money For Dummies (And In a Crowded Market)

    GOLD! HOT! 
    Whoa, so you have some type of furniture business, a carpet cleaning business, and an e-commerce store?
  6. CPisHere

    Making Money For Dummies (And In a Crowded Market)

    GOLD! HOT! 
    Why not bottle it & sell it?
  7. CPisHere

    Experience creating a sales funnel via auto-responder?

    MARKETING 
    Nothing?
  8. CPisHere

    Experience creating a sales funnel via auto-responder?

    MARKETING 
    Anyone ever create sales funnels before? I'm looking to create an offline b2b sales funnel and could use some suggestions. The office cleaning business I just bought has only marketed itself via telemarketing and asking for the immediate business. Obviously, only the people who are absolutely...
  9. CPisHere

    During your darkest days how close were you to going broke?

    My wife and I lost our first son less than a year after opening our first business, a retail store. We were barely getting by because the store was taking all of our cash and then went into depression which meant 1) we spent money on stuff we didn't need to try and feel better and 2) I stopped...
  10. CPisHere

    Should Donald Trump be considered a renowned real estate investor?

    REAL ESTATE 
    This is silly. Their analysis assumes he spent $0 the past 30 years, in reality he got divorced and spent a ton of money. Of course Trump is an insanely successful businessman. And the 'Trump Brand' that allows him to make so much money licensing was only possible because of all the success he...
  11. CPisHere

    How did you find your industry??

    HOT! 
    My wife's kid's retail store came from her love for kids, which gave her a target market, which lead us down the rabbit hole of filling needs. My janitorial company came from researching business models that would be inexpensive to start/scale. A key factor was that I was my own customer, as I...
  12. CPisHere

    Making Money For Dummies (And In a Crowded Market)

    GOLD! HOT! 
    Are your carpet employees contractors or w2 employees? Do you have a full-time manager that hires/trains? How do you deal with people not showing up?
  13. CPisHere

    I bought a business!

    EXECUTION 
    Business had been for sale for close to a year and asking price had already been reduced by over 50%, so I knew I had a lot of leverage going into it, even though the broker kept trying to convince me they were expecting another offer (which was clearly a lie). I made a super low-ball offer to...
  14. CPisHere

    Making Money For Dummies (And In a Crowded Market)

    GOLD! HOT! 
    ICK, what is your system for hiring/training new employees? I feel really confident in my ability to get new business, but ramping up employees seems like it will be the more difficult part. Any book/other recommendations on this?
  15. CPisHere

    Anyone know if parking lot striping is profitable?

    I know a guy that does pretty well with it. Parking lot striping is actually the low-hanging "easy money" in to a much, much larger industry if you wanted it to grow into something more.
  16. CPisHere

    I bought a business!

    EXECUTION 
    Lots of issues like this, but I don't plan to play this game...
  17. CPisHere

    Making Money For Dummies (And In a Crowded Market)

    GOLD! HOT! 
    That's a good reminder for me - I'm setting up a meeting with my local SCORE now. Where do you buy chemicals like that? Any other pointers for me on cleanings? I can't wait till I'm there! I plan to have my new business there by the end of next year. But now that it really seems possible I...
  18. CPisHere

    I bought a business!

    EXECUTION 
    My mind is racing with ways to grow and improve the business. I don't want to do too much too soon though because I need a few months to get comfortable with understanding WHY and HOW the current business runs.
  19. CPisHere

    I bought a business!

    EXECUTION 
    It was listed on the business broker's website.
  20. CPisHere

    I bought a business!

    EXECUTION 
    I think the key is to get enough accounts to have regular work for back-ups for when people are sick, as well as afford to pay for a supervisor that can train new employees.

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