4min chapter

The Tim Ferriss Show cover image

#318: One-Person Businesses That Make $1M+ Per Year

The Tim Ferriss Show

CHAPTER

The Biggest Shift in Scaling a Business

Gegnard was running a business called tickets canada, a tickets retailer in toronto. He didn't anticipate that higher overhead would prevent the expected growth of profits. In fact, when he slaved away and grew to three million, his profits only hit 400 thousand dollars. So he'd gone from three 50 to 400. And he had to bring almost 20 people on staff to get so this is not a pretty picture. Gegnar said, it made me realize that i was on a hampster will, running a business i hated. Keeping the business small allows him plenty of time to spend with his wife and their young daughter.

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