Incredible. Exit and run there, Adam. So 14 and a half million. And had you paid down, how much of the, of your debt on the original 4 1/2 million purchase price had you paid down?
Acquiring Minds
8-Figure Exit After 5 Years
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It actually had gone up because of the financing that we did on those, that tougher year that I talked about. So we owed about $5 million in debt.
Okay.
That included all vehicles and all lines of credit and you know, all in was about $5 million of debt.
So then you had nine and a half million dollars and you had 80% of that.
Correct.
Well done. Good, good move. Yeah, yeah, all the way through.
It was nice. I've taught this to other classes and guest lectures, but it's the hardest thing I've ever done. But the best decision I've ever made.
The best decision you ever made because you became a millionaire or for some other non quantifiable reason. And if the answer is because you became a millionaire, that's fine.
Yeah, I'm sure it is. I would say all of the above. I mean the, the, the, the, the path, the journey has been fantastic.
I've, I've enjoyed it. I'm a much, much, much better manager, person, businessman than I was before. And yeah, it's certainly nice to, to be rewarded for that as well. Without question.
Has your psychology or personal psychology changed now that you got some money in the bank? What's that like going from having, you know, whatever you had to having real money now?
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