Mark Evans

And then you got to ask yourself, what skill am I bringing? Honestly, Brandon, a lot of these people aren't bringing any skill. They have an idea and they might have access to a little bit of capital. But if you don't have skill sets on managing these components, you're going to get smoked because there's real players entering this game now. Like it's it's it's way different now.

And then you got to ask yourself, what skill am I bringing? Honestly, Brandon, a lot of these people aren't bringing any skill. They have an idea and they might have access to a little bit of capital. But if you don't have skill sets on managing these components, you're going to get smoked because there's real players entering this game now. Like it's it's it's way different now.

By the way, I bought my seamless gutter company for twenty five thousand dollars. And the thing was making six figures. Well, it was making grossing six fifty ish the first year kind of thing. So you could never do it now. And it came with equipment, came with a truck, it came with all these things and a thousand dollars down.

By the way, I bought my seamless gutter company for twenty five thousand dollars. And the thing was making six figures. Well, it was making grossing six fifty ish the first year kind of thing. So you could never do it now. And it came with equipment, came with a truck, it came with all these things and a thousand dollars down.

Like it was literally a handshake, two page contract, you know, good old boy thing, you know? And then, you know, I'm a cashflow investor. So when I ask myself, does this, how much cashflow does this have? Or is this a cash suck? You know, some of you guys listening to me are really good. And my mind breaks with this by the way, but like when you do startups, right.

Like it was literally a handshake, two page contract, you know, good old boy thing, you know? And then, you know, I'm a cashflow investor. So when I ask myself, does this, how much cashflow does this have? Or is this a cash suck? You know, some of you guys listening to me are really good. And my mind breaks with this by the way, but like when you do startups, right.

Hey, my burn rate is $100,000 and I go six years burn rate because you're going to constantly be raising money, raising money, raise money. I don't do that. I can't do it. My brain doesn't work like that. I'm not that smart. Genuinely, I'm not that smart. However, I know if 100 comes in, 80 goes out, net 20, I like that model. I understand basic cash flow structures. And then...

Hey, my burn rate is $100,000 and I go six years burn rate because you're going to constantly be raising money, raising money, raise money. I don't do that. I can't do it. My brain doesn't work like that. I'm not that smart. Genuinely, I'm not that smart. However, I know if 100 comes in, 80 goes out, net 20, I like that model. I understand basic cash flow structures. And then...

What am I building this for? Because a lot of you guys are creating fragmented opportunities, meaning you're in the gutter company and then I'm going to go do software and then I'm going to do this and I'm going to do this. There's no connection. So what happens on part of the torch method, the E is enterprise value.

What am I building this for? Because a lot of you guys are creating fragmented opportunities, meaning you're in the gutter company and then I'm going to go do software and then I'm going to do this and I'm going to do this. There's no connection. So what happens on part of the torch method, the E is enterprise value.

If I buy this company today, does it add to my enterprise value of what I'm really trying to accomplish?

If I buy this company today, does it add to my enterprise value of what I'm really trying to accomplish?

Well, again, I discovered this the hard way because I was buying everything all over the place and my resources got so limited. Again, it's kind of like real estate, right? If you do single family investments, that's good. But if you do apartment buildings, that's a different team, different lawyers, different commercial broker, everything's different.

Well, again, I discovered this the hard way because I was buying everything all over the place and my resources got so limited. Again, it's kind of like real estate, right? If you do single family investments, that's good. But if you do apartment buildings, that's a different team, different lawyers, different commercial broker, everything's different.

But you're like, I'm still a real estate investor, so it's the same. Well, no, if you're doing rehabs now, if you're a rental portfolio, these are all different businesses disguised as the same business. However, if I did single family, this is exactly how I progressed. I did single family rentals and then I moved over to single family rehabs. I call it the one step over method.

But you're like, I'm still a real estate investor, so it's the same. Well, no, if you're doing rehabs now, if you're a rental portfolio, these are all different businesses disguised as the same business. However, if I did single family, this is exactly how I progressed. I did single family rentals and then I moved over to single family rehabs. I call it the one step over method.

As long as it's one step over and I can actually use some of my resources, the same bookkeeping, some of those, and then expand resources with relationship capital, that's different. That's a lot easier to make these moves. Reason most people won't do it though, Brandon, it's boring. You know, it's like almost something new and it's exciting. It's, well...

As long as it's one step over and I can actually use some of my resources, the same bookkeeping, some of those, and then expand resources with relationship capital, that's different. That's a lot easier to make these moves. Reason most people won't do it though, Brandon, it's boring. You know, it's like almost something new and it's exciting. It's, well...

Sometimes, honestly, real business isn't too exciting.

Sometimes, honestly, real business isn't too exciting.