Millionaire University Mike Wanted to Start a Business but Was Stuck. Now He Has Clarity and a Great Idea | Coaching Call With Justin Williams and Mike Bowman
May 20, 2025
Mike Bowman, a seasoned executive poised to pivot from employee to entrepreneur, shares his journey towards business ownership. He grapples with the daunting array of options but ultimately narrows down his focus to actionable paths. The conversation explores the nuances of choosing between a service business and a SaaS model, along with the viability of starting a cleaning business or buying an existing one using SBA loans. Bowman's insights on leveraging his skills and finding low-barrier side hustles offer a refreshing take on gaining momentum in entrepreneurship.
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Mike's Business Starting Journey
- Mike Bowman shares how his skills as a CRO and experience in sales and marketing prepare him to start a business. - He considers starting a cleaning business or consultancy because they align with his skills and low financial risk.
Decide to Gain Momentum
- Make a decision between SaaS or service business to focus your efforts and gain momentum. - You can always change direction later, but indecision is a choice that stalls progress.
Start with a Cleaning Business
- Service businesses like cleaning have low barriers to entry and steady demand. - Starting with a cleaning business allows quick launch and potential for steady growth without heavy upfront investment.