Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Matt Schwartz

๐Ÿ‘ค Speaker
185 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 418: Executive Recruiter Made $1.1M 2015, Super High Profit Margin with Matt Schwartz of MJSearch.com

And it gives me peace of mind.

SaaS Interviews with CEOs, Startups, Founders
EP 418: Executive Recruiter Made $1.1M 2015, Super High Profit Margin with Matt Schwartz of MJSearch.com

It allows me to sleep better at night and creates a lot less anxiety in my life.

SaaS Interviews with CEOs, Startups, Founders
EP 418: Executive Recruiter Made $1.1M 2015, Super High Profit Margin with Matt Schwartz of MJSearch.com

Cause I know exactly how this money needs to flow.

SaaS Interviews with CEOs, Startups, Founders
EP 418: Executive Recruiter Made $1.1M 2015, Super High Profit Margin with Matt Schwartz of MJSearch.com

That grows over time.

SaaS Interviews with CEOs, Startups, Founders
EP 418: Executive Recruiter Made $1.1M 2015, Super High Profit Margin with Matt Schwartz of MJSearch.com

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 418: Executive Recruiter Made $1.1M 2015, Super High Profit Margin with Matt Schwartz of MJSearch.com

Yeah, so I let it grow because I, one, want to make sure I've got security.

SaaS Interviews with CEOs, Startups, Founders
EP 418: Executive Recruiter Made $1.1M 2015, Super High Profit Margin with Matt Schwartz of MJSearch.com

Two, I want to make sure that if I want to hire someone else someday, you know, that that's a way to, you know, fund that.

SaaS Interviews with CEOs, Startups, Founders
EP 418: Executive Recruiter Made $1.1M 2015, Super High Profit Margin with Matt Schwartz of MJSearch.com

Three, be great to be my own bank, opposed to relying on, you know, a credit line or something, right?

SaaS Interviews with CEOs, Startups, Founders
EP 418: Executive Recruiter Made $1.1M 2015, Super High Profit Margin with Matt Schwartz of MJSearch.com

So all about, you know, business health for the long term, not just focusing on the short term year to year.

SaaS Interviews with CEOs, Startups, Founders
EP 418: Executive Recruiter Made $1.1M 2015, Super High Profit Margin with Matt Schwartz of MJSearch.com

Yeah, I mean, I do have a 401k in the business.

SaaS Interviews with CEOs, Startups, Founders
EP 418: Executive Recruiter Made $1.1M 2015, Super High Profit Margin with Matt Schwartz of MJSearch.com

I can save up to $53,000 a year, although that does trigger some significant contributions to my key employee.

SaaS Interviews with CEOs, Startups, Founders
EP 418: Executive Recruiter Made $1.1M 2015, Super High Profit Margin with Matt Schwartz of MJSearch.com

So, you know, there's a lot of ways I could really aggressively save, which is fantastic.

SaaS Interviews with CEOs, Startups, Founders
EP 418: Executive Recruiter Made $1.1M 2015, Super High Profit Margin with Matt Schwartz of MJSearch.com

But one thing that Mike Michalowicz always focuses on, because he's also an owner of many different businesses, is he gets them all on the profit first philosophy.

SaaS Interviews with CEOs, Startups, Founders
EP 418: Executive Recruiter Made $1.1M 2015, Super High Profit Margin with Matt Schwartz of MJSearch.com

So he can basically monitor exactly that, you know, where the health of those businesses are day in and day out.

SaaS Interviews with CEOs, Startups, Founders
EP 418: Executive Recruiter Made $1.1M 2015, Super High Profit Margin with Matt Schwartz of MJSearch.com

So might be something you you think about moving forward if you do get involved in other businesses that you're not running.

SaaS Interviews with CEOs, Startups, Founders
EP 418: Executive Recruiter Made $1.1M 2015, Super High Profit Margin with Matt Schwartz of MJSearch.com

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 418: Executive Recruiter Made $1.1M 2015, Super High Profit Margin with Matt Schwartz of MJSearch.com

So over the last three years, it's ranged from $85,000 all the way up to $109,000 last year.

SaaS Interviews with CEOs, Startups, Founders
EP 418: Executive Recruiter Made $1.1M 2015, Super High Profit Margin with Matt Schwartz of MJSearch.com

Correct.

SaaS Interviews with CEOs, Startups, Founders
EP 418: Executive Recruiter Made $1.1M 2015, Super High Profit Margin with Matt Schwartz of MJSearch.com

Correct.

SaaS Interviews with CEOs, Startups, Founders
EP 418: Executive Recruiter Made $1.1M 2015, Super High Profit Margin with Matt Schwartz of MJSearch.com

uh, at any given time we're working with five to six different clients.