Long time reader, working to scale my 6-figure ecommerce business to 7-figures

[cor]

Hey everyone,

Long story short:

• Business school graduate in 2008 (great timing with the collapse and all)
• Started a window washing business that failed after 1 year (that resulted in me getting sued)
• Decided I wasn't cut out for entrepreneurship, so I went back to school to become a civil engineer
• Worked for a civil engineering company, made an amazing salary but something didn't feel right
• On my way to work, was listening to the 4-hour workweek audiobook, i felt so inspired that I turned off the highway, went home, and quit
• Started freelancing: website design, digital marketing consulting
• Read the Millionaire Fastlane , decided I wanted to retire early one day (like... really early, 35 years old)
• Started blogging and sharing my experience
• Started working at Shopify 2 years ago: I felt like I could help and reach more entrepreneurs this way... Shopify creates more entrepreneurs and I wanted to be a part of that
• I run a 6-figure ecommerce business (revenue) on the side.
• Recently got an email letting me know Unscripted was released (oh yeah, that MJ DeMarco guy!) read it, LOVED IT. Articulated my feelings a lot better than I ever could on the whole system and how to play it.

I hope to contribute when I can. Would love to share what I'm doing, my knowledge in Facebook ads, copywriting, conversion rate optimization. I also want to grow my business to a 7-figure revenue business and with my projections, I'll do it in 2018. However, with my margins, if I want to net $1 million profit, I need to make around $7000-$8000 revenue a day. (right now I'm doing $2000/day)

See you around!

 

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[bitsinmyblood]

Hey everyone,

Long story short:

• Business school graduate in 2008 (great timing with the collapse and all)
• Started a window washing that failed after 1 year (that resulted in me getting sued)
• Decided I wasn't cut out for entrepreneurship, so I went back to school to become a civil engineer
• Worked for a civil engineering company, made an amazing salary but something didn't feel right
• On my way to work, was listening to the 4-hour workweek audiobook, i felt so inspired that I turned off the highway, went home, and quit
• Started freelancing: website design, digital marketing consulting
• Read the Millionaire Fastlane , decided I wanted to retire early one day (like... really early, 35 years old)
• Started blogging and sharing my experience
• Started working at Shopify 2 years ago: I felt like I could help and reach more entrepreneurs this way... Shopify creates more entrepreneurs and I wanted to be a part of that
• I run a 6-figure ecommerce business (revenue) on the side.
• Recently got an email letting me know Unscripted was released (oh yeah, that MJ DeMarco guy!) read it, LOVED IT. Articulated my feelings a lot better than I ever could on the whole system and how to play it.

I hope to contribute when I can. Would love to share what I'm doing, my knowledge in Facebook ads, copywriting, conversion rate optimization. I also want to grow my business to a 7-figure revenue business and with my projections, I'll do it in 2018. However, with my margins, if I want to net $1 million profit, I need to make around $7000-$8000 revenue a day. (right now I'm doing $2000/day)

See you around!

Welcome!

 

[The-J]

Started a window washing that failed after 1 year (that resulted in me getting sued)

Care to share a bit more about this? We've got a bunch of people starting local service businesses on the forum and this is a very real outcome for botching something up.

Welcome to the forum!

 

[cor]

Care to share a bit more about this? We've got a bunch of people starting local service businesses on the forum and this is a very real outcome for botching something up.

Yeah absolutely. I hired "employees" (they were just people I found on Craigslist to do the window washing work for me while I found the clients) and didn't have the foresight to get insurance or have them bonded. In other words, no background check and if they stole/destroyed anything, my business was liable and I couldn't protect myself. About a year into it, an employee went wild after getting into an argument with a client and wound up smashing up their windows instead of cleaning them. Moral of the story: if you run a services business, make sure your employees are bondable and pay for the damn insurance. To be fair, I was only 21 at the time, fresh out of business school.

 

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[MarekvBeek]

On my way to work, was listening to the 4-hour workweek audiobook, i felt so inspired that I turned off the highway, went home, and quit

LOL