ETA·BRAINa Katyella project

Acquiring Minds

40% Growth in Year 1 of a Paving Business

Excerpts · 499 segments · ~1:33:07 long

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But I get my military retirement as well as, you know, my medical benefits from the VA, which adds up to roughly like 80,000. So, you know, between those two pieces of income, you know, I can afford to not take much from the business, which is great because it opens up all that money to do something else with, whether it's make an improvement, hire another employee, whatever. It just gives me…

And you're basically reinvesting all that cash that you would have otherwise paid yourself into. Fantastic. And so you're basically taking home 150 ish, 75 for the business. 80 ish from your pension.

Yeah, yeah, she's, she's a real estate agent. She's outstanding at her job. It's, you know, it's funny because she was, she's known me my whole military career.

You know, she's been on the other side of, you know, eight combat deployments. You know, we've got three kids at home, you know, 13, 10 and eight. And you know, I think, you know, when I was retiring from the military, she's like, all right, well, you know, now we're going to have like a normal life.

And lo and behold, you know, I jumped right into something that, you know, required a decent amount of time but also, you know, a decent amount of stress. Right. You know, so, yeah, she, she's been an absolute champ through the, through the whole process and you know, especially, you know, in my military, but even now, but just been very supportive, you know, of the, of the whole thing.

Yeah. Great. Great. And so to be clear, so you're one hundred and fifty thousand dollars in her, her earnings as a real estate agent.

You can, you know, you're living a, a comfortable life with three kids. Even with three kids.

Yeah, yeah. We didn't, you know, we didn't have to change our lifestyle when, you know, I bought the business and started working here.

Yep, Yep. And you're 75 that you pay yourself. What do you think the market rate is for what you're doing? I guess going into the acquisition, you'd said it was roughly kind of fully loaded. 200.

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