Jacob Williamson @jacubwilliamson
SMB operations since diapers | Don't have all the answers, but follow along to learn about business buying and operations linkedin.com/in/jacob-willi… Austin, TX Joined January 2018-
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Just needs a runway
Just needs a runway
Site plan is coming along for my project up in Oregon. Flex space, food truck pads, a couple pickleball courts, and a new home for my catering company. Just have a few tweaks for the architect and we are moving to plan review with the city as I continue to raise.
As a friend, Alex is the real deal. As a catering company owner with decades of experience in hospitality, this is an industry leading property for an area that needs it. Hotels and experiential vaca’s are rising behind saturated BnBs.
As a friend, Alex is the real deal. As a catering company owner with decades of experience in hospitality, this is an industry leading property for an area that needs it. Hotels and experiential vaca’s are rising behind saturated BnBs.
I love a condescending phone call from a banker telling me how to put together an acquisition. He was wrong… I just smiled and nodded 😎
I’m not an articulate guy. So, this is what I’m using to explain my role as a business owner from now on.
I’m not an articulate guy. So, this is what I’m using to explain my role as a business owner from now on.
First site plans for my latest CRE project should be back this week. Next step: engage the city for a Class 3 plan review, work up renderings for the deck, and finalize construction budget. This is fun!
I don’t feel like a “searcher” these days. I’m helping build the team at my catering company and developing a 15,000 + sqft multi tenant space. I’m still 💯 confident I’ll find a business to buy but I have to take advantage of opportunity in the meantime. I’ve had more luck…
If you want constructive feedback on something - ask for it from trusted advisors but be careful listening to all of it. I find it more useful to find where the criticisms overlap and solve for those.
Feedback from my CRE development deck. 1. Returns could be higher - easy solve by adjusting equity split 2. Tough to raise as a newbie developer - harder to sell but I have significant skin in the game and I do own a successful business (entrepreneurial)
Something I believe wholeheartedly - "Just get started and iterate as you go" Something I struggle with constantly - See above 👆👆
Hopping on a last minute flight to hash out some details on a CRE project this week. Does this make me cool yet? Or am I just another goober on a plane doing things that could be done over Zoom? 😂
I coached one of my managers through a tough termination last week. My instinct was to fly in and take care of it. I resisted and let them handle. The team has a new energy with this person gone. Seeing our team experience success is my absolute favorite part of ownership. 🥹
I am in agreement with @UjwalVelagapudi brokered deals are $$$. My Austin deal is dead - moving on. Time to knock on doors 😎 Good news is my CRE project is moving. Investors are wary about investing in a project without an approved site plan. So, I appealed to the seller and…
I am sponsoring a CRE development in Salem, OR to house my catering company while generating income from multi tenant flex spaces. Attempting to raise to buy the land and fund the project. I realize raising before full site plan approval is tough but I think it’s better to…
Be careful listening to nay Sayers. **This applies to cheerleaders as well** People will poke holes in your ideas and give you "constructive feedback". If your idea is good, keep going. Plenty of companies would NOT exist if every person listened to pessimists.
🚨Update: SMB deal here in Austin is running into some issues due to EBITDA changes in the last year. Offered a couple of options to the broker (smaller purchase price or bigger seller note contingent on performance). Seems like a no go so far. Also raising $$ for a ground up…
One thing that is surprisingly difficult in the world of SMB operations: Getting the team rallied around documenting processes. I always say "If you have to ask twice, we should write it down" The problem is stopping productive workflow to write it down. Just have to follow up…
Does anyone know of a resource for CRE investors similar to what @Sam_Rosati made for SMB investors? Other than LinkedIn of course :) #RealEstate
Find people who can give you honest feedback (personally and professionally) All of this X stuff is theory until you start asking for money, building a business, or setting a goal. When the rubber meets the road, create a rough draft and start engaging advisors early. Don't…
I do think about starting a business a lot these days. There will be tremendous opportunity in starting a biz. Little debt (hopefully none) Available market share from retiring ownership Availability of strategic acquisitions Don’t @ me @HockJohannes 🤣🤣 Just thinking
I do think about starting a business a lot these days. There will be tremendous opportunity in starting a biz. Little debt (hopefully none) Available market share from retiring ownership Availability of strategic acquisitions Don’t @ me @HockJohannes 🤣🤣 Just thinking
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Wearing conference swag here to figure some shit out
@jacubwilliamson 😂 Runway it is
@jacubwilliamson Helipad could do
@jacubwilliamson SMBAir would be a perfect match for this
Pictures don't do this project justice
Partnering on this legendary $40,000,000+ Project. Excited to announce that I am joining forces with @uniquestaysguy on this next level luxury landscape hotel project in Texas Hill Country. Best part is it will of course include an event space. We are going to crush the…
Couple months ago, we hired a new Ops Manager to help our growth and elevate our Director of Ops to COO. Need him to elevate himself to be a COO and not in the much daily for us to succeed. One thing that we somewhat knew that needed to change was enforcement of the rules and…
@jakelywakely @jacubwilliamson Rand Run Airlines has a ring to it for sure.
Building in public + Retwit accounts collaborating is the future. Excited to work with you @WeddingVenueGuy
Partnering on this legendary $40,000,000+ Project. Excited to announce that I am joining forces with @uniquestaysguy on this next level luxury landscape hotel project in Texas Hill Country. Best part is it will of course include an event space. We are going to crush the…
Small industrial is a fractured asset much like self storage years ago. This leads to…. 1. Mistakes in underwriting and mistakes on rents(lower pricing than it should be) 2. Lack of comparables 3. Ability to raise pricing if we do our homework. Use these names when…
@jacubwilliamson Thank Jacob! Means a lot 🙏 Completely agree on this is the future of the industry
Countless people dream of one day starting a business... But 99% never do it. I won’t lie, starting Margin was scary. But it was one of the best decisions I've ever made. Don't let fear of failure hold you back.
@jacubwilliamson @RandBusiness @marcuslemonis @GoodSam One upping me. Fine drinks in me regardless if Marcus comes or not lol
"I want to be an Entrepreneur but don't know where to start. What should I do?" It's very simple 1. Develop an in demand Skill 2. Launch an Agency around that skill 3. Eventually, replace yourself & expand into adjacent offerings 4. Keep expanding your Circle of Competence
Tomorrow I will cold email pitch Marcus Lemonis, CEO of camping world. I want him to supply me with an RV so I can travel the U.S. building local SMB Communities everywhere in the U.S. I’ll publish the cold email pitch right here on X for the world to see. Stay tuned.
If you're a manager, spend today identifying and removing your team's constraints. Then do it again tomorrow.
Doing a soft launch with only a few customers to start. If your interested DM me, will give you some nice discounts to start.
@jacubwilliamson You’ve gotta do it. Sometimes it’s ugly. I like thinks perfect as well, but I’ve learned if you don’t start ugly, you can’t finish beautiful. 😉
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