Building a $25m FedEx Route Empire from $100k Equity

If you do a good job, they'll just keep giving you routes. There's more than I can handle. I turn stuff down every week, even today.

Well... As much revenue as you want. Sounds a little too good to be true, Avery. As much revenue as you can handle.

I, there's a broker. I probably found the broker on BizBuySell connected with them. And then they, they sold it to me in East Texas.

It's like a Nacogdoches area. We service the city of Nacogdoches. And so I, I live in Dallas.

It was the only one in Texas and the only one that was SBA eligible in Texas.

i didn't want to waste any time so i just jumped on it and said you know the sooner i can get started the sooner i can start compounding and learning and growing because you know it takes a long time to get good at anything so the sooner you can start the better off you are even though i paid a lot too much at the time it was still the right choice because of you know getting started at the time…

It was COVID. The valuations were high. And actually, interest rates were pretty cheap. Unfortunately, my SBA loan was a variable.

So it shot up, basically doubled. But yeah, I was able to start learning and start getting my foot in the door and figuring out what to do. And so I could have maybe waited six months and paid quite a bit less.

Yeah. Yeah. But it was still the right decision.

Well, this orientation of yours, this toward action, getting in the game is one that we celebrate here. Of course. You don't want to be reckless and there can be pain if you're just all action all the time. And indeed, in your case, there was some pain and not even just what you referred to that you probably overpaid.

There was more pain than that. But still, it is when considering what business to buy, there is... so much opportunity to paralyze yourself with analysis.