“Want to be a millionaire like me? Here’s my plan and progress so far! #millionairemindset #businessgrowth
Do you think I’m crazy for aiming to be a millionaire? I’ve outlined my journey so far and would love some honest feedback! #dreambig #entrepreneur
Current Situation:
– 32 years old, running a successful home remodeling business
– Strong in social media, operations, branding, and client satisfaction
– Forecasting $750k in sales by 2024
Vision for Success:
– Scale current business while delegating more responsibilities
– Invest in other local businesses and leverage my operational structure
– Launch a new business for tiny-home building
Action Steps:
1. Increase current business revenue to $1 million
2. Expand a friend’s landscaping business using my successful template
3. Support subcontractors in growing their businesses
4. Start a podcast interviewing successful business owners
5. Implement insights from interviews into business operations
6. Consistently share podcast content on social media
7. Develop a detailed acquisition plan for new businesses
8. Secure partnerships based on past successes
9. Repeat successful partnerships and refine acquisition processes
10. Sell mature businesses for profit
I may not have a formal business education, but I’m dedicated and resourceful. Your feedback and advice mean the world to me! #businessgrowth #entrepreneurship“
I’ve got no advice for you, you’re way ahead of me in business lol. Just wanted to say this is really inspiring and keep up the good work! You’ll get to 1mil revenue soon.
Well, you’ve made this all way too complicated.
Focus on your business, do good work, grow.
Podcasts – dumb idea. These will take up your time, distract you from your main business. There’s tons of business podcasts you can listen to passively in your time. This will not make people take you serious.
Business take over??
Not sure what helping your sub-contractors grow their business helps you become a millionaire. Do they want your advice? End of the day a rising tide lifts all short – the more jobs you take on the better they will do.
Tiny home business makes sense but having it as a sister company takes away the branding of the two sides the business helping one another.
L#A##a
You’re already on the way – keep pushing and you’ll meet some failure at some point. Just be prepared to handle it
Only no.1 on your action steps seems relevant to your business. Focus is the key to success so drop all the others. Also the post is how I plan to be a millionaire but your sales target is 1 mill revenue, not 1 mill net profit. 1 mill revenue doesn’t make you a millionaire. Based on your figures you need to update your target to more like 5 mill. Good luck.
Good luck sir!
Remember, everyone can dream, everyone can have plans, everyone can have knowledge, but until you start. It will forever be a “distant hope” – I just made that up.
Also how the fuck is that a plan, if step one is to get million dollars
Don’t let others dent your dreams.
That’s the way!
While your enthusiasm and ambition are admirable, I’m concerned that your plan hinges heavily on replicating success in diverse contexts without adequate consideration for unique industry challenges. Also, your approach of utilizing a one-size-fits-all operational template across different service-based businesses may oversimplify the complexities each sector entails. It’s essential to adapt and tailor strategies to specific markets rather than assuming what works for one will work for all.
No offense, but your post is a whole lot of gobbledygook. It might impress novices and sound good at the pub, but that is about it. Are you trying to win at the business bingo? I am at risk of stating the obvious, but that’s not how any of it works.
Let’s take your last line. Sell ownership to who exactly? Don’t give me a persona, give me the actual name of the person. And why are they buying? I am not interested in the hypothetical construct you made up in your own head, but in the real reason that very specific, named person wants to buy. Don’t you see its absolute nonsense with no connection to reality whatsoever?
My advice to you is the same as your entourage’s: more doing, less dreaming.
home remodeling is a $400 billion dollar industry in USA. Why are you focusing your time and energy to all these different unknown outcome tasks that don’t benefit your current profitable business. My advice is to only do your current business and scale it to as high as you wish.