
5x in 5 Years: Buying Small to Grow Quickly
Acquiring Minds
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The Advantages of Starting a Small Business
I'm just struck by how confident you guys were that you could just start a small business that would generate a few hundred thousand dollars a year. That still belied a lot of confidence on your part, and it's not quite the chances of success like that. We funded it initially with a $750 investment. And that first sale funded our second sale on those first two sales fund. It was cash generative from day one. The ambition wasn't to go build something that was throwing off hundreds of thousands of dollars in free cash flow. So at the time our ambitions were really naive.
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