Recent content by Bones81
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Lex DeVille's: One Thread For All My Genius, Unhinged, Mostly Really Bad Ideas
OFF-TOPICSorry to see you leave Utah. My carpet cleaning and restoration business is up in Centerville, would have been cool to meet up sometime.- Bones81
- Post #185
- Forum: Off-Topic Threads
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SEM (SEO & Paid Search) Mastermind
HOT! CHAT SPEEDWAYKeeping an on this as I've just launched a carpet cleaning and restoration business in Utah. Right now I'm interviewing 2 different digital marketing agencies that specialize in home services / restoration. I imagine most of the budget initially will go into Google PPC and LSA. They both offer...- Bones81
- Post #94
- Forum: The Speedway (Private)
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Exiting the Slowlane by Buying a Business
HOT! SLOWLANE EXECUTIONBusiness is officially open. We did our first revenue cleaning job this week and are now cranking up everything on the marketing / advertising front. I've never been a sales person, so learning this skillset is new. I've applied to join a local BNI group and we have leads coming in from Angi...- Bones81
- Post #92
- Forum: Process and Execution
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- Category: User Media Uploads
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PXL_20241104_212011836.webp
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Lex DeVille's: One Thread For All My Genius, Unhinged, Mostly Really Bad Ideas
OFF-TOPICI met Heath Herring at a Jiu Jitsu tournament in the early 2000s in Amarillo. He had just fought Mirko Cro Cop in Pride a few months earlier and lost by TKO after taking a liver kick. We asked him what it felt like (Cro Cop's left kick was the most feared thing in MMA at the time) and he said it...- Bones81
- Post #114
- Forum: Off-Topic Threads
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Get Fired for Severance?
SLOWLANEI'd take a few days to really think it through; you don't want to make any big decisions like this when you're in an emotional state. That being said, if you do decide to leave, just give your required notice and go. Keep it professional and leave on good terms because you never know when...- Bones81
- Post #3
- Forum: General Business Discussion
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Lex DeVille's: One Thread For All My Genius, Unhinged, Mostly Really Bad Ideas
OFF-TOPICThe gi is great as you really have to have your technique on point in order to execute guard passes, sweeps, etc. Also as you noted, it adds some more techniques and submissions like sleeve chokes, etc.- Bones81
- Post #87
- Forum: Off-Topic Threads
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Exiting the Slowlane by Buying a Business
HOT! SLOWLANE EXECUTIONWell I move slow but eventually I do move. Wound up sending 50 letters to various AC and plumbing businesses around SLC. Had a few people view my LinkedIn profile and that was it. As an alternative, I started looking at franchises (I know Fastlane people sell franchises, not buy them), and...- Bones81
- Post #88
- Forum: Process and Execution
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Exiting the Slowlane by Buying a Business
HOT! SLOWLANE EXECUTIONThe SBA doesn't require the loan be fully secured. They will put a lien on personal property if you have it, but if you don't then the bank can still do the loan if they business is strong enough. In other news, I've mailed out 23 letters so far with another 6 going out tomorrow. Haven't had...- Bones81
- Post #87
- Forum: Process and Execution
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Exiting the Slowlane by Buying a Business
HOT! SLOWLANE EXECUTIONBeen busy on several fronts related to this lately. The first is an issue related to SBA loans (which I will need to buy a significantly sized business). If the loan is over $500k (which most certainly will be in my case), the SBA requires the loan to be collateralized. The first assets they...- Bones81
- Post #85
- Forum: Process and Execution
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Exiting the Slowlane by Buying a Business
HOT! SLOWLANE EXECUTIONNo, just think he has one foot out the door commuting to see his girlfriend and managing his rental properties and the business suffered accordingly.- Bones81
- Post #81
- Forum: Process and Execution
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Exiting the Slowlane by Buying a Business
HOT! SLOWLANE EXECUTIONSo an update on my acquisition. After months of waiting to receive the company's year-to-date financials, I finally received them and they weren't good. Revenues dropped by about 30% and EBITDA by 40% (on an annualized basis). The owner stated this was due to people spending less money on...- Bones81
- Post #79
- Forum: Process and Execution
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Exiting the Slowlane by Buying a Business
HOT! SLOWLANE EXECUTIONAfter a lot of searching, I have a letter of intent in place for a landscaping and snow removal business here in the Salt Lake City area. Now moving forward with the due diligence and SBA loan application process. If all goes to plan, the acquisition should close by mid-November.- Bones81
- Post #77
- Forum: Process and Execution
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