Bob Mills @BlueCollar_SMB
First time, self-funded searcher. Lifelong learner. Mid-career manufacturing leader. Omaha, NE Joined December 2023-
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Following139
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Great prompt
I ran out of good reasons to be anonymous. Nice to meet everyone!
My son started a new job this week in sales for a local roofing company. Any podcast or book recommendations to help him learn how to sell in this space? (or any space, his first job in sales)?
How do you build systems so that employee ideas surface? Here's one for the mfg peeps: 1. Buy 3d printer 2. Print scaled versions of your machines and other key assets with the building footprint set at the size of a typical white board 3. Place white board on table in a…
Is there a @ClintFiore level broker that focuses in Colorado?
One year from now I will own and operate my own company.
Meeting with a seller at his business for the first time in my search. Any advice from you seasoned pros?
Sunday thoughts: 1. More variation than I expected with the quality of business brokers 2. It's much harder than I thought to keep delivering quality work at my W2 while I search 3. I have found a kindred spirit with @joshuamschultz. If you = [mfg] then follow.
Self-funded searcher (see bio). Have used many lessons learned from #smbtwitter to kickstart my search, and want to participate in this community. Postings from @SMB_Attorney @SBA_Matthias have really helped. Keeping things anonymous for now due to W2. Updates to come!
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Dumpster Diving Dan @Dumpster_Danny
187 Followers 1K FollowingThe sun rises early here in Japan We were supposed to leave last night To fly home and end this crazy Tokyo Blind Date Originally I thought that three days was the absolute maximum amount of time you would want to spend with a stranger in a foreign land But things change //…
7 year old nephew’s first harvest. Uncle Nick on the camera. Will be my son next year if I’m lucky!
How to figure out if the SMB you want to buy is over-reliant on the Selling Owner- one of the biggest risks in purchasing a business. 🧵 (BOOKMARK THIS)
So you are “planning” to search to buy an SMB. Or worse yet, telling yourself you will search when the time is right. Do these QUICK 10 things to get started TODAY: 1. Form an LLC, in your home state, to shield yourself from liability when you sign NDAs. Lawyer not necessary,…
@SuccessWithJake it is one of my favorites because there's so many layers to it and you just can't find the bottom of its depth... I struggle to love the unlovely and forgive the unforgiveable but to Jesus looking at the very crowd crucifying him, in his moment of anguish, he was able to…
@SuccessWithJake The only man who behaved sensibly was my tailor: he took my measure anew every time he saw me, whilst all the rest went on with their old measurements and expected them to fit me. George Bernard Shaw,
@SuccessWithJake 'To go wrong in one's own way is better than to go right in someone else's' & 'Happiness does not lie in happiness, but in the achievement of it' & 'But how could you live and have no story to tell?' & 'To love someone means to see them as God intended them.'
@BlueCollar_SMB Oh wow Bob. I struggled with this one for a second but got it now! Good one!
“I started my life with a single absolute: that the world was mine to shape in the image of my highest values and never to be given up to a lesser standard, no matter how long or hard the struggle.” - Atlas Shrugged A quote to live by.
@joshuamschultz I’ve found the ways teams use the word accountable is a great gauge for culture and systems efficacy. Teams that use accountability to mean “punishment” have bad culture and systems. Teams that use accountability to denote ownership of outcomes have good cultures and systems.
How to Guarantee yourself Masters Tickets Every Year The Masters is one of the most difficult tickets to get in sports Unless you somehow are a select badge patron which gives you lifetime annual passes (the waiting list is so long that it closed in 1978) Then every year…
Maintenance guy quit. 4 customers complaining about product. Machines breaking down. Left factory at 9am to see 6 yr old daughter perform during "Int'l Day" at her school. She cried and hugged me when she saw I had come to watch her. I never cld have done this on Wall St.
If you think entrepreneurship is a risk, ask yourself, "Is it secure to live from paycheck to paycheck?" H/t @WebWillWeaver
Being great at LOI structuring means understanding the other side and what they care about most. Fixation on "multiple" is the wrong idea. Buyers Want: - Best Cash Flow Post-Closing - Risk Mitigation for Big Scary What-if's - Assurance Seller will Keep Business in Great…
I'm on a caffein intermittent fasting plan. I only drink coffee from 5:30am-Noon, then none after. Works great.
Paying down a home mortgage at a 7% post tax guaranteed return seems smart Paying one off at 2.5% doesn’t seem that smart How do you decide when to pay down a mortgage? When it’s 2 points higher than the 10 year?
@BlueCollar_SMB Horrible people are everywhere! Invasive implementation be dammed… I was very clear
Big modern lie with relationships is that it should be: 50/50 cleaning and chores 50/50 earning money 50/50 caring for children 50/50 everything Creates an unhealthy, critical, and judgmental "scorekeeping" environment since we're all wired differently with different gifts and…
TLDR version: your spouse is your life partner, not your roommate. Gotta throw out the roommate rules and thinking if you want to have a healthy marriage.
@ClintFiore This is the way Clint. Appreciate you spelling it out 🙏
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