Acquiring Minds

$6m Business, 3 Minutes From Childhood Home

27 snips
Nov 4, 2024
Iris Levine, the owner of The Porch Company, shares her remarkable journey from a challenging Nashville upbringing to becoming a successful entrepreneur. She discusses acquiring a 30-year-old construction firm and the unique obstacles she faced, including financing it with just 5% down. Iris highlights the importance of leveraging technology in project management and the strategic decisions that come with running a business. She also emphasizes finding work-life balance and the supportive community that has shaped her entrepreneurial path.
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ANECDOTE

Full Circle Story

  • Iris Levine, growing up in a rough Nashville neighborhood, never envisioned returning.
  • Years later, she bought a thriving construction firm minutes from her childhood home.
ANECDOTE

Unlikely Path to Success

  • Iris Levine's challenging childhood included violence, divorced parents, and financial struggles.
  • A teacher encouraged her to apply to out-of-state colleges, leading her to Tufts University.
ADVICE

Exploring ETA

  • Consider buying an existing business if you value ownership and community impact.
  • Thoroughly research the ETA process before involving others, including spouses.
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