The New 1%

Timothy Douglas
The New 1%

Welcome to the New 1%, a community of people judged by their impact, not their wealth. We pool funds, develop people, and optimize for impact. How do we do this on the show? We discuss the following topics: Buying & Selling Businesses Operating Businesses Deep Dive into impact entrepreneurs Community Investing My Personal Progress Updates We also interview acquisition entrepreneurs to hear about the impact they want to create and the obstacles they had in finding, funding, and operating their businesses. How do we do this off the show? Message me @timdouglas924 on IG and find out...

  1. 10/01/2024

    A Deep Dive into Chimney Repair & Duct Cleaning Ventures" 🎄

    🔥 Ready to make way for Santa Claus with your own Chimney Repair and Duct Cleaning business in Maryland? Explore the intricacies of acquiring a business with just a 10% down payment on an SBA loan! Dive into our latest episode for a detailed analysis of this unique opportunity. 🔥 🎧 Episode Highlights: 1️⃣ Red Flag Alert: "Employee-free Business" - Understand the challenges and opportunities of acquiring a business currently operating without employees. Is it a hidden gem or a cautionary tale? 2️⃣ Strengths Insight: "Evergreen Demand in Home Services" - Discover why the home service industry, particularly chimney repair and duct cleaning, remains a lucrative and stable market. 3️⃣ Employee Quality: "Attracting High-Caliber Talent" - Learn how the industry's fair pay can attract higher quality employees, a crucial factor in the success of your business. 💡 Financial Breakdown: Purchase Price: $485,500 Your Down Payment: Approx. $48,550 Remaining Debt: Approx. $436,950 Estimated Cash Flow: $150k, with about $70k remaining after monthly payments of $6,650 👥 Consult Your Team: Bring your accountant, lawyer, equity partner, and due diligence expert into the conversation. Make a well-informed decision that could shape your future. 🍪 Embrace the opportunity to own a turnkey business like a Crumbl franchise. It's more than just a transaction; it's a strategic move towards entrepreneurship. 📲 Share this with aspiring entrepreneurs or anyone looking to dive into the home service industry.

    7min
  2. 08/01/2024

    Week 16: The Journey to the New 1% - Targeting, Expansion, and Challenges" 🚀

    📈 This week on our journey to the new 1%, we delve deep into strategic targeting, real estate expansion, and overcoming challenges. Join us as we share insights from our personal journey, aiming to inspire and guide fellow entrepreneurs. It's a raw, real, and revealing look into the world of business and personal growth. 🌟 🎧 Episode Highlights: 1️⃣ Narrowing the ICP (Ideal Client Profile): We've honed in on our target audience - young, Christian, business-minded, and impact-focused salespeople. Discover how this specificity is key to our strategy. 2️⃣ Direct Messaging (DM) Strategy: Learn about our DM outreach, how we're refining our approach based on our updated ICP, and the importance of targeted communication in digital marketing. 3️⃣ Advertising Budget Planning: Get insights into the power of ad dollars, particularly in boosting Reels and driving traffic to our Facebook group. We're gearing up for a significant advertising budget to create a stronger feedback loop. 4️⃣ Sober Living Venture: Exciting news! We've purchased a property in San Antonio for our sober living project. We dive into the challenges of finalizing the purchase, preparing for the closing, and the logistics involved. 5️⃣ Operational Challenges: From furnishing the new property to finding a sober living house manager, and managing leases in Austin, we discuss the nitty-gritty of real estate management and the hurdles we're facing. 🤔 Reflecting on Our Journey: We wrap up with a reflection on our week and invite you to share your journey. What does your week in the pursuit of the new 1% look like? 📲 Share this episode with fellow entrepreneurs, real estate enthusiasts, and anyone on a journey of personal and professional growth.

    12min
  3. 05/01/2024

    The Gordon Moore Legacy - From Silicon Start-Up to Tech Titan 🚀

    👨‍💻 Dive into the extraordinary journey of Gordon Moore, the mastermind behind Intel, in our latest podcast episode! Discover how a small startup evolved into a global tech powerhouse through strategic growth and innovation. 🌟 🔍 Episode Highlights: 1️⃣ Early Decisions: The Microprocessor Revolution - Uncover how Moore's initial focus on microprocessors set Intel on a path to dominate the computing industry. A tale of vision and foresight! 🖥️ 2️⃣ Strategic Pivots: Diversifying into New Horizons - Explore how Moore's shift towards diversification and R&D investment opened new markets for Intel, showcasing the power of adaptability in tech. 🔬 3️⃣ Moore's Law: Predicting the Future - Learn about the legendary Moore's Law and how this prediction of exponential growth in computing power became a guiding star for Intel's strategy. 💡 4️⃣ Beyond Business: A Legacy of Global Impact - Discover how the Gordon and Betty Moore Foundation, fueled by Moore's success, contributes millions to environmental conservation, patient care, and scientific research. 🌍 🎙️ Podcast Takeaways: Early Choices Matter: The importance of visionary decisions in shaping a company's future. R&D led the way into new markets: How research and development can be a game-changer for business expansion. High Growth Markets - Row in the Right Boat: Insights into identifying and capitalizing on high-growth opportunities. 🔗 Tune in to our podcast for an inspiring story that's not just about business success, but about leveraging that success for a greater cause. Perfect for entrepreneurs, tech enthusiasts, and anyone interested in the intersection of innovation and impact! 📣 Share this with your network on Twitter and LinkedIn! Join us in exploring the story of a tech visionary who changed the world. #GordonMooreLegacy #TechInnovation #BusinessStrategy #IntelStory #MooreFoundation 🎧 Listen, learn, and be inspired! 🌟

    11min
5
de 5
12 avaliações

Sobre

Welcome to the New 1%, a community of people judged by their impact, not their wealth. We pool funds, develop people, and optimize for impact. How do we do this on the show? We discuss the following topics: Buying & Selling Businesses Operating Businesses Deep Dive into impact entrepreneurs Community Investing My Personal Progress Updates We also interview acquisition entrepreneurs to hear about the impact they want to create and the obstacles they had in finding, funding, and operating their businesses. How do we do this off the show? Message me @timdouglas924 on IG and find out...

Para ouvir episódios explícitos, inicie sessão.

Fique por dentro deste podcast

Inicie sessão ou crie uma conta para seguir podcasts, salvar episódios e receber as atualizações mais recentes.

Selecionar um país ou região

África, Oriente Médio e Índia

Ásia‑Pacífico

Europa

América Latina e Caribe

Estados Unidos e Canadá