Buying a $1.6m Business for the Inventory Value

That was something you were at home in. Yeah, I love intensity.

Um, I thrive in it. I don't know why, but there's something about pressure that makes me act. And when there's no pressure, I don't act. So more pressure, the better.

And there's so many avenues of revenue. Concrete curbing, striping, sealcoat. We did winter services.

So when it would snow here, it's like, those were $500,000 months for us, and going out and snow and salting and sanding and keeping the guys busy in the wintertime. French drains, you know, all that kind of catch basins. There's a lot of revenue services that are coming in and out daily.

Mm. Daniel, before we turn our attention to the business that you bought, were there any near misses or other ones that you looked at that there.

There's something to share there? There was one business that I was honed in on, and it was almost more of, like, my emotions were tied to it versus the reality of, you know, is it really going to make sense? But. And essentially because I was.

I was in this so desperate, like, so desperate to get out of my W2 that I had to train myself and my thoughts to be like, don't settle.

Like, just, you know, find. Find the right one. Be smart about this. So there was a winery that I was looking at far south. Ah, the temptation.

Yeah. And Kyle and I hopped on a few calls with some owners that had some wineries. And ultimately, you know, when. When Kyle and I had gotten off those discussions with the owners, you know, I just said to Kyle, I'm like, as great as it sounds, I just think that, you know, these business owners that own wineries, they're essentially passion projects and they're just not gonna make sense for…

So that was short lived, but fun. Yeah, yeah, yeah. But you know, good on you for, for recognizing that. Yeah, passion would be the word and danger dangerous to be enticed into a business where not only the business you were looking at was a passion project, but so was all the competition.

Therefore, making money and being a healthily competitive industry is, is not exactly the case there because people aren't. Aren't prioritizing business logic as much as they are this out, this creative outlet.