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Thrivetime Show | Business School without the BS

Business | Scaling a Business Beyond Yourself | How to Grow a Business from $3.65 Million Per to $11 Million - Ask Clay Anything

Thrivetime Show | Business School without the BS

Clay Clark

Business, Entrepreneurship

4.71.5K Ratings

🗓️ 4 April 2023

⏱️ 35 minutes

🧾️ Download transcript

Summary

Transcript

Click on a timestamp to play from that location

0:00.0

And now back to the business coach radio show that has a diary call the Guinness Book of World Records

0:30.0

All right, Thrive Nation. Welcome back to another conversation that are exciting addition of the Thrive Times show on your radio and podcast download.

0:46.0

Now Z, you're going to relate to these listeners here. We have a two listeners by the name of rim and dark.

0:53.0

R.I.M. rim and are they short for names? They are, I believe they are Vikings who inhabit the Northeast Indiana area.

1:03.0

And this is their given names and they have a very successful building company. Now here's kind of the backstory.

1:12.0

Rim, I believe, had his own businesses during high school and his grandparents were into home flipping and foreclosures and he was a fireman. See, he's a fireman.

1:21.0

Now during his downtime, he's thinking to himself, this is too much downtime. See, during his downtime, he's thinking to himself, there's too much downtime.

1:30.0

Too much downtime.

1:32.0

So he decides to start a business and grow it. Now his brother had just got laid off at the time and his brother was looking for his brother kind of wants to create more time freedom and financial freedom.

1:44.0

So if I understand this correctly, Dar wants to create time freedom and financial freedom, but rim just wants to grow this thing.

1:53.0

So these two brothers have been growing this company up in Northeast Indiana and see, they only need one deal per month to break even.

2:01.0

But they need 1.75 deals to achieve their goals because they build large houses.

2:06.0

It's like a little mine.

2:07.0

A lot of mines.

2:08.0

See, they build houses where the average house is 525,000 dollar house at a 15 percent margin.

2:15.0

See, these guys are making $78,000 per house.

2:18.0

So rim has no kids and the dude's not interested at all in time freedom because he just wants to grow a company that builds 200 homes a year.

2:27.0

Now his brother is very much into time freedom and wants to spend time at the beach with his wife and kids.

2:34.0

And so they reached out to us and wanted to know about what is the path they should go down to scale the company.

2:42.0

Now although their path is very similar to the proven path, we're going to lead a lot of drivers down.

2:47.0

I want you to specifically relate to this character, this listener.

2:53.0

Rim, who is a guy who at this particular time in his life, he doesn't have any kids and he has a very successful company.

...

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