We love a good success story.
A decade ago, in the wake of the recession, Tim Maas watched his construction business crumble into financial ruin.
He tried his hand at various small online businesses — a wine marketplace, a corporate video platform, a radio show — but nothing stuck and he struggled to stay afloat.
In 2015, he cashed out early on his 401k and started a new business.
He was going to build pools.
$5k on licensing, insurance, business cards, and marketing (mostly truck signs and brochures).
Tim's resourceful. He acted as his own sales person, leveraged his prior construction network for labor, and optimized his SEO keywords.
His first year, he pulled in $1.2m in business.
What did he do with the money?
He invested his profits right back into the company.
Today, he's building around 250 new pools a year.
Accounting for an overhead of $6m (50% of which is material costs, and 35% labor), he's $2.5m in the green.
Tim told us a lot about how he built his business, and his full story of how he went from zero to seven figures is over at the Trends site.
We collect stories like Tim's, and we have a community full of builders just like him that gather every day to share advice and collaborate on new projects.
Join Trends today for just $1, and come see what we're building together.
Here's your link: try.trends.co
See you on the inside.
-Trends
Sent from Trends HQ @ The Hustle, 251 Kearny Street., Floor 3, San Francisco, California 94108, United States
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