My wife just walked in and says, “do you know what the value of our company is now that we earned this new account?” I told her yes certainly it has increased. (Now we can pay the rent) lol.
People ask me all the time why I don’t go to Shark Tank?” Because they want a portion of my non-existent profits. I have always been fascinated with little guys in small shops tinkering away on the next big thing. I can tell you flat out if I knew what I know now how hard it would be to do what I’ve done I would not have done it. In the moment one day at a time and one small accomplishment per day.
I hired a our first person outside of friends helping recently. I might have talked about him here before. He amazes me. I’ve known him since he was six. I used to drive an hour each way just to watch him wrestle and this year he won the state championship at 145 in WA State 4A. He is going to ASU for business and he told me something kinda cool the other day. He said that my business is me. That the people that do business with me believe in me and my products. I had a new dealer tell me last week he wants to do business because he wants to be part of the movement.
Tons of people invent things. Tons of people sell things. Tons of people administrate things. Tons of people market things. The really tough part is doing all this at a high level and having the skills to do them all well. I would speculate that a venture capitalist that invested a portion of their energy into small guys like me with big plans and dreams might hit on the next big thing. Yet I can totally see the risk in investing in sole proprietors.
After all, as I learned in Amway. Everyone needs laundry soap. Inventing and selling a product that everyone in America needs has its upside.
Here’s a pick of Chad after building his first vent.