Day one going into the business. You guys both put 50K down together on a business that's actually

decent that's going to cash flow you both $100,000 plus per year and you were able to gain

$160,000 equity per person. So you three X kind of your return on investment overall at the

closing table. Fear is easy because it's just the unknown, and that's the biggest part of this.

Like, am I going to fail?

But what if you scale this up to 20 million and you're able to just work from an island,

wherever?

When you're an employee, you can't utilize leverage at all.

You're being told where to be, when to do it, how to do it, and when to go home.

All right, Tyler and Mike, Action Academy fam. Welcome to Action Academy podcast. How

y'all feeling? Feeling good, man. Thanks for having us. Dude, yeah, we're a little deep into

business ownership now. How long have y'all been in possession of the business? Like 30 days, 60 days

now? About 60. March 5th is when we closed. 60 days.

It's a little over 60 days, yeah.

Yeah, so it's a little bit different.

So now this is a cool episode because we get to talk not only about the acquisition,

but all the way through into the actual day where you take ownership of the company

and you guys went through the ups, the downs, you know, kind of got smacked sideways because it's never a

smooth, it's never a smooth ride, but that's why you make, you know, the money that we make.

I'll allow you guys to introduce yourself to the audience. So Mike and then Tyler. Sure. Yep.

I'm Mike Henley. I was born and raised in New York. Now I'm an Austin native. Just moved down here a couple months ago.

Background and finance went to St. John's University in New York City.

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