There's a couple points. So have a bias for action, please. Like paralysis for analysis.
Acquiring Minds
Year 1 in a $300k SDE Services Business
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I need to build my CRM before I start reaching out. If you're searching for business, just start making phone calls and emails. Who cares how you're tracking it?
Have a bias for action. And this little tidbit I'm about to tell you is going to be gold for searchers. Okay. Every city, especially big ones, has an economic development resource center.
It's the hidden gym for searchers. So mine was instrumental. Louis shaken shout out to him was instrumental.
Helping me. So what does an economic development resource center do? Well, they have someone who's dedicated to helping people buy businesses. It's literally their job. And it's a free resource.
And, and these are actually SBA run. These are government.
They are. It's a public private partnership usually funded locally or by the state with federal support. Like the SCORE program, a lot of times runs through that. What can they do for you?
Well, in a lot of cases they could do 504 loans right. From the Economic Development Resource Center. They can introduce you and act as a broker for loans.
So the one that I work through. Oh, you have a track. Here's the bankers that would love that deal.
Oh, you have catering. Here's the, here's the bankers that would love that deal that do those kind of deals instrumental. And then they can give you free access to Live Plan.
And Live Plan is a piece of software you're going to want to get if you're a searcher. Once you're under loi, it can write your SBA approved business plan using AI, all sorts of good stuff. Can do financial planning, financial templates, very, very instrumental tool.
And they can give it to you for free for three months. So fantastic. Those two things.
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