Thank you for the, for the story on business number two. I want to close with a couple of questions that are kind of personal but tie it all together. One is what just on the heels of what you just said about, you know, having balance in your life, you also said you want to get to $100 million.
Acquiring Minds
Getting Unstuck by Buying a Business
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You're giving yourself whatever, 20, 30 years to do that. But do you think that you can realistically get to $100 million in revenue, $10 million in EBITDA, having a basically balanced life?
Well, the jury's out. I mean, I think, I think that let's say if I went from you know, one business that did 2 million of revenue to now having two businesses, that'll do, you know, 8 to 10 million of revenue this year, in five years, you know, the CAGR is definitely there. I think a lot of it is just I'm not out actively pursuing business opportunities.
I think there's probably a good chance that to get to that number, I'm going to have to be more active. I think as my kids get older and they're out of the house, that will free up, you know, some time and energy. But I also just think that I'm sort of waiting for opportunity to knock in terms of getting a call because I hear these stories so and so called and they wanted to sell their business.
That hasn't happened to me at all. Yeah, but you know, look, there are, there are, there's a huge pie of, of residential cleaning. Right. Everybody's looking for a good cleaner for their house and, and like that.
That's a business that I think I could scale up very quickly if I found the right one of those. But no, I mean, and this is a debate I'm having with myself all the time.
Right.
This is the debate I had after Resolute worked out well is like, oh, I want to buy another one. But I'm like, but then do I want to, you know, to do I. I guess it's hard for me to handicap the likelihood that I can grow to that level and maintain my life balance. But so far it's been working.
Well, the other thing is for, to put it back on you philosophical guy that you are, you know, this 100 million dollar, 10 million dollar EBITDA, nice juicy round numbers, completely meaningless. Why not 8 million, why not 5 million, why not 4 million? I mean, I get it. I mean, obviously, like there's, there's something very, what's the word?
Magnetic, I guess, about nice round numbers. So we all. Yeah. If you ask anybody what their number is, it's probably going to be something round, but it doesn't need to be. And why does it need to be so big?
You yourself said Atlanta is not a very high cost of living area. You don't, you no longer have to compete with, you know, the finance CEOs and on Wall street for net worth.
I don't know. I mean, you're taught, you're asking like a fundamental question about human nature. I mean, why do people, you know, why does, why does the, you know, why do people make so much money so they can like go down and sit on a fishing boat when they could just move down and, you know, be a fisherman. Be a, you know, a fishing boat charter guide.
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