“Has between 6 to 12…” 🤯 - Watch the full podca...
One of the most fulfilling businesses that you'll ever have has between 6 and 12 people and does 3 or 4 million of revenue. And if you've got that, probably you're going to be the most fulfilled person in the world. Because a lot of these businesses have 60% margins. If they're digital businesses, if they're intellectual property, if they're running on the new economy assets, then they'll be wildly profitable. So you might have 6 to 12 people do 2 or 3 million a year, might make a million of clear profit. And then you're totally building business on fun, freedom and fulfillment. Are you the next Google? Absolutely not. Do you have VCs breathing down your neck? No. Are you able to pick and choose the types of people and opportunities you want to work with? Yes. So incredibly fulfilling. So that's a new type of business. I would call that a lifestyle boutique.
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