PODCAST · business
The New 1%
by Timothy Douglas
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 BusinessesOperating BusinessesDeep Dive into impact entrepreneursCommunity InvestingMy Personal Progress UpdatesWe 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...
Episodes
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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...
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"The Power of Branding: Lessons from Nike & Jordan" 🚀
👟 Think of Nike's iconic swoosh. Ever wonder what catapulted it to fame? Hint: It's got everything to do with Michael Jordan! Dive into our latest episode to unravel the secrets of iconic branding and how you can apply these lessons to your business. 🏀 🎧 Episode Highlights: 1️⃣ Mission...
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🚀 "Following Musk's Footsteps: Aligning Passions with Business" 🚀
🤔 Did you know Elon Musk's ventures are deeply rooted in his childhood passions? What if YOU could chart a similar course? Dive into our latest episode where we unpack the blueprint to aligning your business with your passions - a strategy not just for fulfillment but for impactful wealth...
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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...
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The Journey of Community Investing Newbies 🌱
"Join us in tracking the progress of our community investment novices on their entrepreneurial adventure! 📈 🗓️ Timeline Check: Dec 2: Venture begins Dec 19: 'Outsourced Services LLC' is born Dec: $2,400 pooled in shared account LLC Setup Cost: $400 🤔 Challenges & Insights: The debate over…
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The Law of Solid Ground: Groups rise and fall on their leaders
"Leadership can transform a pack of lions led by a dog into warriors, or reduce them to mere followers. Discover the essence of true leadership in our latest podcast episode, featuring the wisdom of John Maxwell. 🔑 Key Takeaway: Leadership is about trust, not just authority. Maxwell's Law of…
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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...
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Sweet Opportunity: Owning a Crumbl Cookies Franchise in Dallas" 🚀🍪
"🍪 Craving a Sweet Business Venture? 📈 Tune into our latest podcast episode! We're diving into the delicious world of owning a Crumbl Cookies franchise in Dallas, TX. 📍 💡 Learn how with just 10% down, you can secure an SBA loan and acquire a Crumbl Cookies store for $550,000. Your journey to...
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Unveiling the Art of Sales - A Journey Beyond the Product
🚀 "People don't know what they want until you show it to them." - Steve Jobs. 🌟 Dive into the world of effective sales strategies, where it's not just about selling but deeply understanding and fulfilling customer needs. Our latest podcast episode unpacks this concept, inspired by the legendary...
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🚀 Ready to buy a business? Start by finding your sweet spot! 🎯
📝 Here's how: 🧐 Self-Assessment: Identify your skills, passions, and personality. What industries align with your expertise and enthusiasm? 🌐 Market Research: Explore businesses in fields you know well and are passionate about. Familiarity is key. 📈 Growth Potential: Seek businesses with...
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🚀 Week 15 on the Journey to the New 1% - The Power of Consistency! 🌟
📝 Here's the weekly update: 🎙️ Content Creation: Took a break this week – all content recorded in advance. 📨 DM Mastery: Ongoing outreach efforts with improvements in the pipeline. 📊 DM Analytics: Analyzing data for better targeting, offers, and conversions. 🏠 Sober Living Ventures: Stepping...
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Meet the Fantastic Eight, a group of friends who turned $300 a month into community investing success
First, meet Emma, the visionary always thinking several steps ahead. Liam, the analytical strategist, meticulously plans each investment. Ava, the social butterfly, forges connections with ease. Ethan, the financial whiz, manages their finances with precision. Mia, the creative innovator,...
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Leading with Empathy: The Law of Addition in Leadership
Oprah Winfrey once said, 'Leadership is about empathy.' Discover the profound truth behind the Law of Addition: 🤝 Leadership Through Empathy: Explore how true leaders add value by fostering empathy within their teams and organizations. It's not about power, but empowerment—lifting others up to...
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From Dime Store to Global Philanthropy: The Walton Family's Remarkable Journey
From a single-dime store to a global retail empire, the Walton family's journey is nothing short of extraordinary. But do you know how their success translates into philanthropy each year? 🛒 Sam Walton's Vision: Explore the entrepreneurial journey of Sam Walton, the man behind the dime store…
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🎙️ Podcast Episode: "Unlocking Business Opportunities: Buying an Online Jewelry Store"
Buy $60,000 in cash flow for $7,500! 💰 Secure an SBA loan with just 10% down and acquire your very own online jewelry store. Here's how: 💎 The Deal: The purchase price is $75,000. Your down payment? Approximately $7,500, leaving you with a debt of about $67,500. Monthly payments of $1,030, with...
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Advertising Strategies: Navigating the Path to Audience Connection
Imagine if Apple never advertised the iPhone. 📱 Hard to picture, right? Advertising is about making your brand known, but it doesn't have to be a global blitz from day one. 🎯 Target Audience: Start with precision. Define and understand your target audience—their demographics, psychographics…
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🚀 Week 14 on the Journey to the New 1% is all about growth and fine-tuning! 🌟
📝 Here's the weekly recap: 🎙️ Content Creation: More valuable content in the works. 📨 DM Mastery: Continued outreach to build our community. 📚 Free Courses: Recording and sharing knowledge consistently. 📊 DM Analytics: Analyzing the data, with a .4% response rate. 🎯 Targeting Refinement:...
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🚀💰 Curious about financing options for buying a business? Let's dive in!
1️⃣ Traditional Bank Loans: Classic choice with structured repayment plans. 2️⃣ SBA Loans: Government-backed, great for small businesses with lower down payments. 3️⃣ Seller Financing: Sellers help fund your purchase with flexible terms. 4️⃣ Venture Capital: Ideal for high-growth businesses,...
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🌟 Transforming $600 a month into a thriving business empire? These six friends made it happen! 🚀
🤝 Meet the Dream Team: 👗 Emily: The Marketing Marvel 💰 Alex: The Financial Wizard 💻 Jordan: The Tech Genius 👥 Taylor: The HR Guru 📈 Casey: The Sales Pro ⚖️ Morgan: The Legal Protector Together, they've acquired three diverse businesses, leveraging their unique skills and passions…
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🚀 Leaders, have you heard of The Law of Navigation? It's a game-changer for steering your team toward success! 🌟
🗺️ Here's a compass to navigate your leadership journey: Clear Vision: Start with a crystal-clear vision. Know where you're going and how to get there. 🌠 Overcoming Obstacles: Anticipate challenges and prepare your team to navigate through them. Smooth seas never made skillful sailors! 🌊...
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🎬 From Hollywood to the skies and beyond, Howard Hughes was a true trailblazer who changed the film industry and revolutionized aircraft design. 🛩️
🌟 Hughes' innate curiosity and relentless drive led him to: Hollywood Innovation: He became a famed filmmaker, pushing industry limits and challenging censorship. Aviation Pioneer: Setting world records and revolutionizing aircraft design with the H-1 Racer. Military Contracts: Taking on…
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🔧 Ready to own an HVAC business and generate $210,000 cash flow with no money down? 🏡💰 Secure an SBA loan with just 10% down to acquire this Ocala, FL gem!
🏢 Purchase price: $750,000 💰 Down payment: $75,000 💼 Debt: $675,000 💵 Monthly debt payments: $10,300 With strategic planning, you'll have $90,000 leftover for the year. Set aside $30,000/year for equipment loans, leaving you with a cool $60,000 annually. 💡 🚩 Red Flags: Labor challenges in...
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Ready to build a high-performing dream team for your business? Let's unlock the essentials! 🚀
1️⃣ Hire Right: Mix skills and personalities for diversity that fuels creativity. 2️⃣ Invest in Training: Equip your team with knowledge and tools for success. 3️⃣ Foster Positive Culture: Create an environment that encourages collaboration and growth. 4️⃣ Set Clear Goals: Define expectations to...
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Mastering Due Diligence: Unveiling the Secrets of Successful Business Purchases
🎙️ Did you know that Warren Buffett spends 80% of his day reading and analyzing? 📚💼 In this episode, we dive into the art of due diligence during a business purchase. Discover how to cover your bases and make informed decisions. 🔍 Financial Health: Uncover the significance of scrutinizing...
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🎙️ Podcast Episode: "Week 13 on the Journey to the New 1%"
Welcome to Week 13 on the Journey to the New 1%. Let's dive into the highlights: 📝 Creating Content and Community Building: In this episode, we explore the power of content creation and the ongoing journey of building a thriving community through DMs. 🎥 Free Courses and Daily Reporting: Honest...
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📚✨ Unleashing The Chapter & Verse Bookstore Magic! 🚀
Picture this: A struggling bookstore transformed into a thriving community hub - the story of 'The Chapter & Verse Bookstore' unfolds, fueled by a shared vision among four friends. 📖🌟 Ethan's discovery of this quaint store in the historic district ignited a spark within the group. Despite...
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🚀 Unlocking Leadership Excellence: The Law of Process 🌟
Great leaders are not born; they are developed daily through the Law of Process by John Maxwell. 📖🌱 Here's how you can harness this powerful law in your daily life: Commit to Continuous Learning: Embrace each day as an opportunity to grow and become a better leader. 📚🎧🧠 Practice...
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🌟 J. Paul Getty: From Inheritance to Enormous Wealth 🌟
Discover the incredible journey of J. Paul Getty, once the richest man in America, who inherited a modest business from his father and turned it into an empire through strategic acquisitions. 💼💰 Getty's story is a testament to the definition of luck: "Preparation meets opportunity." 🍀 He took...
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🌟 Customer Success vs. Customer Service: Unveiling the Key Differences! 🌟
In this podcast episode, we'll unravel the distinctions between customer success and customer service – think of it as the Oprah Winfrey vs. a skilled 911 operator of the business world! 🎙️💼 Customer Success: 🚀 ✨ Proactive engagement ✨ Guiding customers to 'aha' moments ✨ Long-term strategy…
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🔍 Discover the Secrets to Finding Businesses for Sale! 🏢💼
In today's episode, we're unveiling the top resources for finding your dream business to buy, and you won't believe how accessible it is! 🌐 🥇 First on the list is BizBuySell.com, the largest online marketplace for business listings. 🌟 💼 Don't forget to explore business brokers, the experts in...
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🚀📅 Week 12 on the Journey to the New 1%! 🌟
Here's the scoop on my journey: 📝 Content Creation: I've been hard at work breaking down the free courses into manageable steps. 👩💻 Virtual Assistant Mastery: My VA has been crushing it, especially on the cold DMs front. Daily reporting and affiliate traction are on the rise. 🏡 Sober Living...
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🚀 Meet the New 1% Journey Starters! 🌟
Join us on a journey with Michael, Sally, Carlos, Derrick, Candice, and Shaun as they embark on their community investing adventure. 🤝 👥 These friends are at the beginning of their journey: Michael, the tech enthusiast Sally, the nurturing teacher and gardener Carlos, the creative graphic...
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When 770 employees threatened to resign if Sam Altman wasn't reinstated as CEO, it highlighted a crucial entrepreneurial need: Influence.
The law of influence states that your true leadership is measured by your ability to influence others. Here are eight key aspects to understand about the law of influence: 1️⃣ Influence grows over time. 2️⃣ It expands beyond your immediate circle. 3️⃣ Relationships are at its core. 4️⃣ Character...
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Henry Ford: A Visionary Road to Impact
Henry Ford, the automotive pioneer, didn't ask people for what they wanted; he gave them something they couldn't even imagine—the Model T. Here's how he revolutionized transportation: 🔧 Started as a machinist apprentice. 🚘 Built the Ford Quadricycle in 1896. 🚗 Launched the Model T in 1908 for...
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💰 $0 Out-of-Pocket for a Cash Flow Investment 🤑
Imagine buying a business with $166k in cash flow and no upfront cost! Here's how: 1️⃣ Get an SBA loan with just 10% down. 2️⃣ Purchase a turnkey precision machining shop in Arizona for $990k. 3️⃣ Take on $891k in debt, with monthly payments of $12.4k. 4️⃣ Enjoy $17k in leftover income after debt...
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🤝 Building and Safeguarding Your Reputation 🔒
Warren Buffett once wisely said, "It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently." Your reputation is your personal and business brand. To build a strong reputation: 1️⃣ Create positive associations with your target...
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🏢 Building Your Business-Buying Dream Team 🤝
Ever heard "It takes a village"? Well, in the world of buying businesses, it surely does! Here are your key allies: 1️⃣ Accountants: Masters of financial health evaluation. 2️⃣ Lawyers: Guardians of legal documents and compliance. 3️⃣ Lenders: Your partners in securing financing. 4️⃣ Due…
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Week 11: Navigating the New 1% Journey
Let's dive into the latest developments on this exciting journey: **Community Building:** - Continued content creation. - Ongoing refinement of our free courses. **Virtual Assistant Updates:** - Stepping into the world of Cold DMs. - Additional training on scraping IG accounts for outreach...
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🌟 Embark on the Community Investing Journey 🚀
Join us as we follow the inspiring stories of 4 individuals at different stages of the community investing journey: 1️⃣ Beginner Phase No assets $500/month Discover how they leverage their resources and newfound knowledge to kickstart their journey. 2️⃣ Intermediate Phase Purchased their first...
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📈 Feeling stuck at your current income level? It might be because you haven't mastered the art of leading people effectively. 🚀
🤝 Leadership Multiplies Efforts A single individual can only achieve so much. To break free from income limitations, you must learn how to lead and multiply your efforts through others. 🧭 The Law of the Lid John Maxwell's concept of the "Law of the Lid" highlights that the most successful...
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🌟 Take Big Bets on Impactful Ventures: The Rockefeller Way 🌍
Imagine having the resources to consistently invest in people and projects that transform lives. The Rockefeller Foundation does just that, giving away hundreds of millions annually to make a meaningful difference. 🏭 Foundation of Wealth The story begins in 1863 when John D. Rockefeller…
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🌴 Work 7 Months, Vacation 5, and Still Earn $550K/year? 🏌️♂️
Imagine living the dream life - running a Golf Cart Rental Store in sunny Galveston, TX. With an SBA loan of just 10% down, you could make it happen! 💰 Financial Freedom Awaits Purchase Price: $2,200,000 Down Payment: $220,000 Debt: $1,980,000 Debt Payments: $30,000/mo Leftover Cash…
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🌟 Transform Your Sales Approach with This Definition 🚀
Sales is more than just a transaction; it's the transfer of belief over the bridge of trust. 💡 🧐 Understanding Sales Sales expert Alex Hormozi has defined sales in a way that simplifies its essence. It's crucial to realize that we're all engaged in sales in various aspects of our lives, whether...
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🚀💼 Buy a Business with $0 Out of Pocket - Yes, You Can! 💰🛍️
Many believe that financing a business transaction requires personal capital or traditional bank loans, but that's far from the truth. Most successful entrepreneurs leverage various sources of capital, and it doesn't always involve raising money from investors. 📊 5 Sources of Capital Here are…
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🚀 Week 10: Journey to the New 1% 🌟
Join us as we dive into the latest chapter of my journey to the New 1%: Community Building: Crafting captivating content for the community. Enhancing our content system to boost storytelling. Dedicated time and effort into refining our free courses. Virtual Assistant Updates: Prepared for Cold DM...
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🤔 "All Wealthy People Have Unhappy Relationships" - Myth Busted! 💰🤝
Have you ever heard this myth? It claims that wealthy individuals have unhappy relationships and attributes their financial success as the cause. But let's dig deeper and challenge this notion. 🚫 Myth Debunked First, let's debunk this myth. Poor relationships aren't exclusive to the wealthy;...
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🚀 Meet Big Mo: The Key to Business, Life, and Leadership🔑
Ever heard of Big Mo? Well, it might take some time to encounter, but trust me, it's worth the wait. John Maxwell famously refers to momentum as "Big Mo," and it can be a game-changer in various aspects of our lives. 🔑 The Power of Momentum Momentum, or Big Mo, has incredible benefits: 1️⃣…
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Bill Gates: From Programming Enthusiast to Philanthropic Icon
Bill Gates, the man behind Microsoft and a philanthropic powerhouse, has made an incredible impact on the world. Let's dive into his journey and see how we can learn from his remarkable life. 👶 The Early Days It all began when Bill Gates developed an interest in programming at just 13 years old....
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🎶 Turn Your Passion into Profits: Buying a Music Store 🎶
Ever dreamed of owning a music store? Now, it's not just a dream—it can be your reality! Let's explore how you can buy a thriving music store in Arizona and make sweet music with your investment. 🎵 The Opportunity Awaits Imagine acquiring one of Arizona's top 10 music stores—a fantastic business...
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🚀 Unleash Your Business Potential with Advertising 🚀
Are you ready to supercharge your business success? Look no further than advertising—an invaluable skill that can transform your journey to success. 🔍 What Is Advertising? In his book "100M Dollar Leads," Alex Hormozi offers a crystal-clear definition: Advertising is simply the process of making...
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ABOUT THIS SHOW
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 BusinessesOperating BusinessesDeep Dive into impact entrepreneursCommunity InvestingMy Personal Progress UpdatesWe 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...
HOSTED BY
Timothy Douglas
CATEGORIES
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