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Cody Bradstreet

๐Ÿ‘ค Speaker
133 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 380: She Makes $500k On Lice Treatments Franchise

About two years.

SaaS Interviews with CEOs, Startups, Founders
EP 380: She Makes $500k On Lice Treatments Franchise

I met and exceeded my number at Dell.

SaaS Interviews with CEOs, Startups, Founders
EP 380: She Makes $500k On Lice Treatments Franchise

That was amazing.

SaaS Interviews with CEOs, Startups, Founders
EP 380: She Makes $500k On Lice Treatments Franchise

It was great.

SaaS Interviews with CEOs, Startups, Founders
EP 380: She Makes $500k On Lice Treatments Franchise

It wasn't a franchise model when we first started talking.

SaaS Interviews with CEOs, Startups, Founders
EP 380: She Makes $500k On Lice Treatments Franchise

It was just one of her corporate stores in Austin that was underperforming.

SaaS Interviews with CEOs, Startups, Founders
EP 380: She Makes $500k On Lice Treatments Franchise

And I said, I want this to be huge in Austin and I want to be a part of it.

SaaS Interviews with CEOs, Startups, Founders
EP 380: She Makes $500k On Lice Treatments Franchise

And so what we decided to do was franchise it.

SaaS Interviews with CEOs, Startups, Founders
EP 380: She Makes $500k On Lice Treatments Franchise

The total revenue the year I purchased it was probably

SaaS Interviews with CEOs, Startups, Founders
EP 380: She Makes $500k On Lice Treatments Franchise

maybe less than 50,000.

SaaS Interviews with CEOs, Startups, Founders
EP 380: She Makes $500k On Lice Treatments Franchise

Okay.

SaaS Interviews with CEOs, Startups, Founders
EP 380: She Makes $500k On Lice Treatments Franchise

So the major product is actually the service to remove lice out of your hair.

SaaS Interviews with CEOs, Startups, Founders
EP 380: She Makes $500k On Lice Treatments Franchise

It's just the manual removal and we don't use any chemicals or pesticides, so it's safe.

SaaS Interviews with CEOs, Startups, Founders
EP 380: She Makes $500k On Lice Treatments Franchise

And that's time-based and we charged by the quarter hour, just like lawyers.

SaaS Interviews with CEOs, Startups, Founders
EP 380: She Makes $500k On Lice Treatments Franchise

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 380: She Makes $500k On Lice Treatments Franchise

That makes you feel good, doesn't it?

SaaS Interviews with CEOs, Startups, Founders
EP 380: She Makes $500k On Lice Treatments Franchise

There you go.

SaaS Interviews with CEOs, Startups, Founders
EP 380: She Makes $500k On Lice Treatments Franchise

Well, that's like asking me my weight.

SaaS Interviews with CEOs, Startups, Founders
EP 380: She Makes $500k On Lice Treatments Franchise

It wasn't an insignificant amount, but probably close to a year's salary at Dell.

SaaS Interviews with CEOs, Startups, Founders
EP 380: She Makes $500k On Lice Treatments Franchise

So like I said, I'm an accountant by education, and so I did my own valuation of it.