My brother made $100k in his second full year running a lawn care company.

He works 32 weeks a year, 35 hrs a week. One employee.

His advantage:

Software.

His competitors use fax machines.

He uses a service called Jobber to handle his booking, quotes, and invoicing.
$99 a month and customers can request a quote on his website, pay online, and more.

It’s a game changer for him.

Jobber has an awesome event on Wednesday to help you become a better business owner:

bit.ly/3cT609l
Everybody wants to start the next scalable software company.

Why not apply some of that software to a sweaty, unsexy industry to carve out a huge competitive advantage?

Scale shouldn’t be the goal of every company (although it’s possible).
And if you don’t like lawn care here is an excellent list of a ton of other business ripe for disruption (and jobber)

sweatystartup.com/businesses-I-l…

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More from @sweatystartup

21 Mar
Twitter is an insanely addictive app for folks with intellectual curiosity.

Where else can you get instant feedback on a thought from thousands of smart people?

And get a look right into the mind of business and thought leaders?

A thread on how it has impacted my life 👇👇
For years reading was the best way to get smarter / better / wealthier.

Books take years to write.

And reading them is a journey through a jungle hunting for small nuggets of wisdom.

And you’re in that journey with a single person so there is no dialog.
Now we learn from hundreds of brilliant people at the same time.

And big ideas are condensed in 280 characters by those who can put big ideas together in simple, understandable paragraphs.

And lively conversations develop around ideas and concepts.
Read 11 tweets
14 Mar
If I get to 100k followers today I’m donating $5k to @ResidentRelief.

Anybody want to match?
So far we’ve got matches by:

@mike_ivey
@TradesByMatt
@baldridgecpa

Let’s raise some money today! Who else wants in on the fun?
Let’s go!

Thank you everybody.
Read 4 tweets
11 Mar
A thread on how real estate investors, developers and operators can make millions a year and pay almost nothing in TAXES by using depreciation, bonus depreciation, and 1031 exchanges.

How it works: 👇
Depreciation is the act of slowly, over time, deducting the initial expense of an asset against your taxable income. Generally over a 27.5 (residential) or 39 (commercial) yr time frame. So each year you can write off 2-3.6% of the purchase price against your income.
Thats a big deal. We're buying a new property, a $3MM self storage facility. Thats a $60k a year write off against about $260k in NOI and 200k in cashflow on a $3MM deal.

It makes 30% of our cashflow tax free.

Very powerful but there is much more to it...
Read 19 tweets
6 Mar
Biz idea for scrappy youngster:

Full service beach supplies.

Use an app to load cooler, snack bag, select amount of chairs, type of speaker, number of towels, etc.

Would pay $300 plus to avoid the hour load / haul / setup / tear down.
The real advantage:

You get to avoid parking and all the stress that goes with that. Show up with the cruisers or Uber in.
There is no worse feeling than being half drunk, tired, kids grumpy, and have to tear down the beach setup and throw it over your shoulder to walk a quarter mile.

Then load it up three levels to the condo owners closet.
Read 4 tweets
5 Mar
How to find a great mentor:

Become a person successful people WANT to mentor.
An underrated key to success:

Enthusiasm.
The #1 path to failure among entrepreneurs:

Too many people want to be leaders and not enough folks are willing to do the damn work.
Read 16 tweets
4 Mar
If you raise good kids, handing down assets only helps them have more of a positive influence on the world and live better lives with more opportunity.

If you don’t believe in generational wealth, can you explain to me why?
I strongly believe it’s your fault for not properly communicating and organizing your affairs if your children tear the family apart fighting over your assets.
Wealth doesn’t make people complacent unless they are never taught the value of a dollar or made to work for anything.

Or learned the sense of pride that comes with hard work and accomplishment.
Read 15 tweets

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