Timothy Douglas

The New 1%

Business EN ↓ 790 episodes

Welcome to the New 1%, a community of people judged by their impact, not their wealth. We pool funds, develop people, and optimize for impact. How do we do this on the show? We discuss the following topics:Buying & Selling BusinessesOperating BusinessesDeep Dive into impact entrepreneursCommunity InvestingMy Personal Progress UpdatesWe also interview acquisition entrepreneurs to hear about the impact they want to create and the obstacles they had in finding, funding, and operating their businesses. How do we do this off the show? Message me @timdouglas924 on IG and find out...

Author

Timothy Douglas

Category

Business

Podcast website

workwithtimmydouglas.com

Latest episode

Jan 10, 2024

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Episodes

A Deep Dive into Chimney Repair & Duct Cleaning Ventures" 🎄 10.01.2024

🔥 Ready to make way for Santa Claus with your own Chimney Repair and Duct Cleaning business in Maryland? Explore the intricacies of acquiring a business with just a 10% down payment on an SBA loan! Dive into our latest episode for a detailed analysis of this unique opportunity. 🔥 🎧 Episode Highlights: 1️⃣ Red Flag Alert: "Employee-free Business" - Understand the challenges and opportu...

"The Power of Branding: Lessons from Nike & Jordan" 🚀 09.01.2024

👟 Think of Nike's iconic swoosh. Ever wonder what catapulted it to fame? Hint: It's got everything to do with Michael Jordan! Dive into our latest episode to unravel the secrets of iconic branding and how you can apply these lessons to your business. 🏀 🎧 Episode Highlights: 1️⃣ Mission Definition: "Crafting Your Brand's Mission" - What's the core purpose of your brand?...

🚀 "Following Musk's Footsteps: Aligning Passions with Business" 🚀 08.01.2024

🤔 Did you know Elon Musk's ventures are deeply rooted in his childhood passions? What if YOU could chart a similar course? Dive into our latest episode where we unpack the blueprint to aligning your business with your passions - a strategy not just for fulfillment but for impactful wealth creation! 🌌 🎧 Episode Highlights: 1️⃣ Skill Assessment: "Evaluating Personal Strengths" - Dis...

Week 16: The Journey to the New 1% - Targeting, Expansion, and Challenges" 🚀 08.01.2024

📈 This week on our journey to the new 1%, we delve deep into strategic targeting, real estate expansion, and overcoming challenges. Join us as we share insights from our personal journey, aiming to inspire and guide fellow entrepreneurs. It's a raw, real, and revealing look into the world of business and personal growth. 🌟 🎧 Episode Highlights: 1️⃣ Narrowing the ICP (Ideal Client Profile):...

The Journey of Community Investing Newbies 🌱 06.01.2024

"Join us in tracking the progress of our community investment novices on their entrepreneurial adventure! 📈 🗓️ Timeline Check: Dec 2: Venture begins Dec 19: 'Outsourced Services LLC' is born Dec: $2,400 pooled in shared account LLC Setup Cost: $400 🤔 Challenges & Insights: The debate over which package to choose on IncFile Exploring business credit for early financing DIY approa...

The Law of Solid Ground: Groups rise and fall on their leaders 06.01.2024

"Leadership can transform a pack of lions led by a dog into warriors, or reduce them to mere followers. Discover the essence of true leadership in our latest podcast episode, featuring the wisdom of John Maxwell.  🔑 Key Takeaway: Leadership is about trust, not just authority. Maxwell's Law of Solid Ground teaches us that trust is the foundation of effective leadership. But how is this ac...

The Gordon Moore Legacy - From Silicon Start-Up to Tech Titan 🚀 05.01.2024

👨‍💻 Dive into the extraordinary journey of Gordon Moore, the mastermind behind Intel, in our latest podcast episode! Discover how a small startup evolved into a global tech powerhouse through strategic growth and innovation. 🌟 🔍 Episode Highlights: 1️⃣ Early Decisions: The Microprocessor Revolution - Uncover how Moore's initial focus on microprocessors set Intel on a path to dominate the c...

Sweet Opportunity: Owning a Crumbl Cookies Franchise in Dallas" 🚀🍪 03.01.2024

"🍪 Craving a Sweet Business Venture? 📈 Tune into our latest podcast episode! We're diving into the delicious world of owning a Crumbl Cookies franchise in Dallas, TX. 📍 💡 Learn how with just 10% down, you can secure an SBA loan and acquire a Crumbl Cookies store for $550,000. Your journey to entrepreneurship starts with a $55,000 down payment and a dream! 💭💰 🔍 We're not just ta...

Unveiling the Art of Sales - A Journey Beyond the Product 03.01.2024

🚀 "People don't know what they want until you show it to them." - Steve Jobs.  🌟 Dive into the world of effective sales strategies, where it's not just about selling but deeply understanding and fulfilling customer needs. Our latest podcast episode unpacks this concept, inspired by the legendary Steve Jobs. Perfect for sharing on LinkedIn and Twitter, here's a glimpse of wh...

🚀 Ready to buy a business? Start by finding your sweet spot! 🎯 01.01.2024

📝 Here's how: 🧐 Self-Assessment: Identify your skills, passions, and personality. What industries align with your expertise and enthusiasm? 🌐 Market Research: Explore businesses in fields you know well and are passionate about. Familiarity is key. 📈 Growth Potential: Seek businesses with exciting growth opportunities. Can you see its potential? 🤝 Cultural Fit: Ensure the business's cu...

🚀 Week 15 on the Journey to the New 1% - The Power of Consistency! 🌟 31.12.2023

📝 Here's the weekly update: 🎙️ Content Creation: Took a break this week – all content recorded in advance. 📨 DM Mastery: Ongoing outreach efforts with improvements in the pipeline. 📊 DM Analytics: Analyzing data for better targeting, offers, and conversions. 🏠 Sober Living Ventures: Stepping up property search and addressing seller issues. Consistency is key on the path to the New 1%! What...

Meet the Fantastic Eight, a group of friends who turned $300 a month into community investing success 30.12.2023

First, meet Emma, the visionary always thinking several steps ahead.  Liam, the analytical strategist, meticulously plans each investment.  Ava, the social butterfly, forges connections with ease.  Ethan, the financial whiz, manages their finances with precision. Mia, the creative innovator, constantly brainstorming ideas.  Oliver, the risk-taker, unafraid of the unknown.  Sophia, the PR guru, ens...

Leading with Empathy: The Law of Addition in Leadership 29.12.2023

Oprah Winfrey once said, 'Leadership is about empathy.' Discover the profound truth behind the Law of Addition: 🤝 Leadership Through Empathy: Explore how true leaders add value by fostering empathy within their teams and organizations. It's not about power, but empowerment—lifting others up to reach their potential. 👂 Active Listening: Dive into the importance of active listening in...

From Dime Store to Global Philanthropy: The Walton Family's Remarkable Journey 28.12.2023

From a single-dime store to a global retail empire, the Walton family's journey is nothing short of extraordinary. But do you know how their success translates into philanthropy each year? 🛒 Sam Walton's Vision: Explore the entrepreneurial journey of Sam Walton, the man behind the dime store that started it all. Learn about his visionary approach to offering lower prices and better servic...

🎙️ Podcast Episode: "Unlocking Business Opportunities: Buying an Online Jewelry Store" 27.12.2023

Buy $60,000 in cash flow for $7,500! 💰 Secure an SBA loan with just 10% down and acquire your very own online jewelry store. Here's how: 💎 The Deal: The purchase price is $75,000. Your down payment? Approximately $7,500, leaving you with a debt of about $67,500. Monthly payments of $1,030, with $48,000 leftover. A golden opportunity, right? 🚩 Identify Red Flags: First, let's talk strate...

Advertising Strategies: Navigating the Path to Audience Connection 26.12.2023

Imagine if Apple never advertised the iPhone. 📱 Hard to picture, right? Advertising is about making your brand known, but it doesn't have to be a global blitz from day one. 🎯 Target Audience: Start with precision. Define and understand your target audience—their demographics, psychographics, and buyer personas. Tailor your advertising efforts to resonate with the right people. 💡 Message Cla...

🚀 Week 14 on the Journey to the New 1% is all about growth and fine-tuning! 🌟 26.12.2023

📝 Here's the weekly recap: 🎙️ Content Creation: More valuable content in the works. 📨 DM Mastery: Continued outreach to build our community. 📚 Free Courses: Recording and sharing knowledge consistently. 📊 DM Analytics: Analyzing the data, with a .4% response rate. 🎯 Targeting Refinement: Tweaking the offer, targeting, and copy for better results. 🏠 Sober Living Ventures: Clearing up land...

🚀💰 Curious about financing options for buying a business? Let's dive in! 26.12.2023

1️⃣ Traditional Bank Loans: Classic choice with structured repayment plans. 2️⃣ SBA Loans: Government-backed, great for small businesses with lower down payments. 3️⃣ Seller Financing: Sellers help fund your purchase with flexible terms. 4️⃣ Venture Capital: Ideal for high-growth businesses, offering investment for equity. 5️⃣ Private Equity: Perfect for established businesses. 6️⃣ Creative Option...

🌟 Transforming $600 a month into a thriving business empire? These six friends made it happen! 🚀 23.12.2023

🤝 Meet the Dream Team: 👗 Emily: The Marketing Marvel 💰 Alex: The Financial Wizard 💻 Jordan: The Tech Genius 👥 Taylor: The HR Guru 📈 Casey: The Sales Pro ⚖️ Morgan: The Legal Protector Together, they've acquired three diverse businesses, leveraging their unique skills and passions: Sustainable Fashion Brand ♻️ Tech Solutions Firm 💡 Gourmet Food Truck Chain 🍔 Their journey doesn't en...

🚀 Leaders, have you heard of The Law of Navigation? It's a game-changer for steering your team toward success! 🌟 22.12.2023

🗺️ Here's a compass to navigate your leadership journey: Clear Vision: Start with a crystal-clear vision. Know where you're going and how to get there. 🌠 Overcoming Obstacles: Anticipate challenges and prepare your team to navigate through them. Smooth seas never made skillful sailors! 🌊 Adaptability: Flexibility is key. Adapt your strategies in response to changing circumstances. 🔄 Col...

🎬 From Hollywood to the skies and beyond, Howard Hughes was a true trailblazer who changed the film industry and revolutionized aircraft design. 🛩️ 21.12.2023

🌟 Hughes' innate curiosity and relentless drive led him to: Hollywood Innovation: He became a famed filmmaker, pushing industry limits and challenging censorship. Aviation Pioneer: Setting world records and revolutionizing aircraft design with the H-1 Racer. Military Contracts: Taking on ambitious projects during World War II, including the iconic 'Spruce Goose'. Reshaping Las Vegas:...

🔧 Ready to own an HVAC business and generate $210,000 cash flow with no money down? 🏡💰 Secure an SBA loan with just 10% down to acquire this Ocala, FL gem! 20.12.2023

🏢 Purchase price: $750,000 💰 Down payment: $75,000 💼 Debt: $675,000 💵 Monthly debt payments: $10,300 With strategic planning, you'll have $90,000 leftover for the year. Set aside $30,000/year for equipment loans, leaving you with a cool $60,000 annually. 💡 🚩 Red Flags: Labor challenges in HVAC and strong competitors. ✅ Strengths: No advertising, yet remarkable growth, and two experience...

Ready to build a high-performing dream team for your business? Let's unlock the essentials! 🚀 19.12.2023

1️⃣ Hire Right: Mix skills and personalities for diversity that fuels creativity. 2️⃣ Invest in Training: Equip your team with knowledge and tools for success. 3️⃣ Foster Positive Culture: Create an environment that encourages collaboration and growth. 4️⃣ Set Clear Goals: Define expectations to supercharge efficiency. 5️⃣ Recognize Achievements: Appreciation boosts morale and motivation. Nurturin...

Mastering Due Diligence: Unveiling the Secrets of Successful Business Purchases 18.12.2023

🎙️ Did you know that Warren Buffett spends 80% of his day reading and analyzing? 📚💼 In this episode, we dive into the art of due diligence during a business purchase. Discover how to cover your bases and make informed decisions. 🔍 Financial Health: Uncover the significance of scrutinizing financial statements, balance sheets, income statements, and cash flow. Learn to spot financial red flags e...

🎙️ Podcast Episode: "Week 13 on the Journey to the New 1%" 18.12.2023

Welcome to Week 13 on the Journey to the New 1%. Let's dive into the highlights: 📝 Creating Content and Community Building: In this episode, we explore the power of content creation and the ongoing journey of building a thriving community through DMs. 🎥 Free Courses and Daily Reporting: Honest insights into the challenges of recording free courses and the importance of improving daily report...

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