Former PE, now owner of a home services contractor after completing a self-funded search. Newsletter chronicling the journey linked below. All opinions my own.bigdealsmallbusiness.substack.com/p/your-trusted…Joined May 2020
If you were setting up a lead & job tracking system (contractor projects from lead to estimate sent to scheduled job to completed, etc), what tool would you use?
Comment why if you have an opinion?
4 hours later…two automated data flows are up & running!
Sent both to the respective teams to get feedback…cautiously optimistic this could improve our service quality and save time.
@MatznerJon — check your email, sent you a Loom to see what I built. Thanks again!
4 hours later…two automated data flows are up & running!
Sent both to the respective teams to get feedback…cautiously optimistic this could improve our service quality and save time.
@MatznerJon — check your email, sent you a Loom to see what I built. Thanks again!
I’ve been immediately sucked into AI automation ideas by @MatznerJon — first morning back from @SMB_ash and have spent the past hour building a speech to text tool for our crew leaders and sales guys.
Such a good time at @SMB_ash, big thank you to the organizers.
Content was excellent, loved splitting it into operator/searcher tracks.
Flying home now feeling fired up to implement new tactics & strategies (@MatznerJon and @chasemurdock’s talks were particularly inspiring).
So fun to see Rand helping build SMB/ETA local communities nationwide.
We’ve built a fun one in Seattle so far with a monthly happy hour that has a steady 10-15 attendees every time!
Shoot me a DM with your email if you’d like to join the email list in Seattle!
So fun to see Rand helping build SMB/ETA local communities nationwide.
We’ve built a fun one in Seattle so far with a monthly happy hour that has a steady 10-15 attendees every time!
Shoot me a DM with your email if you’d like to join the email list in Seattle!
This applies to business acquisitions too. Any good insurance broker should be able to examine your target’s coverage and highlight coverage gap.
I recommend @august_felker at Oberle for this if you need a contact for SMB acquisitions.
This applies to business acquisitions too. Any good insurance broker should be able to examine your target’s coverage and highlight coverage gap.
I recommend @august_felker at Oberle for this if you need a contact for SMB acquisitions.
Side benefit of moving from PE to SMB: basic life stuff has gotten easier.
In PE, 100% of my meals were take-out/delivery. Literally 100%.
SMB Year 1: ~10% of meals made at home.
SMB Year 2: Now hitting ~25%.
Not coincidentally, I’ve lost 25lbs over the past 3 years.
Writing my newsletter has been a cool way to viscerally feel how compounding works through steady effort.
Been writing for about 3 years now:
- First 3K subscribers: 2 years and 79 posts
- Second 3K subscribers: 1 year and 18 posts
Thanks to all 6K+ of you who read them!
In the same boat. Our season is about to turn (usually right around tax filing day).
I can see our Q1 website traffic is up, though our lead volume wasn’t that different than last year.
Time to see if that interest & SEO work turns into actual leads…
In the same boat. Our season is about to turn (usually right around tax filing day).
I can see our Q1 website traffic is up, though our lead volume wasn’t that different than last year.
Time to see if that interest & SEO work turns into actual leads…
Great example of how distribution often wins over product.
I play NYT Games basically everyday. They’re not complex games, certainly weren’t expensive to develop.
Instead of building the best games, they figured out a gaming niche that matched their audience (word/logic games…
Great example of how distribution often wins over product.
I play NYT Games basically everyday. They’re not complex games, certainly weren’t expensive to develop.
Instead of building the best games, they figured out a gaming niche that matched their audience (word/logic games…
Big Deal Small Business, Issue #97: How Much to Budget for a Self-Funded Search?
If you're considering a self-funded search, yesterday's newsletter post is for you. Dives into the various cost buckets of search.
Link to my newsletter in bio, just go to the latest post.
Scored an own goal today; I had scheduled a newsletter to go out at 8:50am PT, with the plan to edit it this morning before it published.
Had a great catch-up call with a friend that ran long and didn't finish until 9am...
Long story short...expect typos in this one 😬
I’ve worked in finance / accounting for a while now.
I still have to google every time if a debit or credit increases or decreases an asset / liability / expense account.
Some days I feel like I’ve advanced the maturity of our business operations materially…and yet some days are still a Saturday from nearly 18 months ago, heading into the office to do AR.
(But on the plus side, we’re now fully digital on invoicing, so I can do AR from home.)
Some days I feel like I’ve advanced the maturity of our business operations materially…and yet some days are still a Saturday from nearly 18 months ago, heading into the office to do AR.
(But on the plus side, we’re now fully digital on invoicing, so I can do AR from home.)
This chart pretty accurately explains why I have experienced a deeper EBITDA J-curve than anticipated when I bought my business.
It was a Stage One company when I acquired it, and it’s now a Stage Two company.
I thought I was just replacing owners with new employees, but I was…
This chart pretty accurately explains why I have experienced a deeper EBITDA J-curve than anticipated when I bought my business.
It was a Stage One company when I acquired it, and it’s now a Stage Two company.
I thought I was just replacing owners with new employees, but I was…
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