Second Time's the Charm as Owner of a $4m Business

I would kind of, I would recharacterize that. So I think my time horizon is forever and the five year plan is really a five year operating plan to budget towards because I think, you know, even on an annual basis or quarterly basis, you, you need to have a plan that you're shooting for that you share with your team. You know that they get involved in and provide input on how to achieve that plan…

So yeah, I mean it's exciting. The team is excited that.

It's pretty conservative, you know, 10% revenue growth per year and then just tighten up our operating margin. You know, there's a, there's there's some, there's, there's some kind of reallocation of capital, you know, that we could, and that we could tighten up our margins with.

But I think just kind of stepping back, like I think I have a pretty conservative goal because I want this to be a sustainable company, a sustainable lifestyle, not only for myself. But for the team members involved. So, you know, it's kind of, I, I think going back to Sam again and his podcast with Costa do, yeah, the intentional owner, they talk a lot about just building kind of sustainability…

I'm an avid listener of that podcast and that's, that's where, that's what I believe as well that, you know, I'm very cognizant of my day to day spending time with my wife Audrey, you know, carving out time to, you know, have trips or just be with my adult kids when they're in town. You know, I've got my, my two eldest boys have their own entrepreneurial stuff going on and you know, one of them's…

I think, you know, I kind of lose track of that one. But it's important when they're in town or, you know, we can plan trips and be together. You know, that's part of, part of why I'm doing this as well.

Just to have the wherewithal to create, you know, experiences to share with my loved ones.

Joe, how do you reflect now having been inside and the owner operator of two small businesses? How do you compare and contrast this one and really your kind of your own intersection which with each of these businesses

night and day, I mean, I went from the grind and just, you know, just daily just pushing through that was painful on a just a day to day basis of just really managing every, every dollar and making sure that everything is covered, all the bases are covered, doing everything I had to do, you know, myself but, you know, just learning, learned, learned a lot about running a lean business and you…

And that's, that's really that that experience enabled me to just jump right in as well and rip through the financials and, you know, ask a lot of questions. And I think it's, that first experience was really crucial to, you know, what we're doing now. So I don't, I'm glad I went through that too.

You know, everything in life is an experience and hopefully you can, you can learn from it and build, build on it.