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Sam Parr

πŸ‘€ Speaker
8903 total appearances

Appearances Over Time

Podcast Appearances

My First Million
How I Built a $1.7B Business Repairing Garage Doors

He's not here anymore.

My First Million
How I Built a $1.7B Business Repairing Garage Doors

He's kind of retired now.

My First Million
How I Built a $1.7B Business Repairing Garage Doors

He's younger than me.

My First Million
How I Built a $1.7B Business Repairing Garage Doors

He goes, you would pay me two grand one week and then not pay me for two weeks and then give me like 1200 bucks the next time.

My First Million
How I Built a $1.7B Business Repairing Garage Doors

He's like, we didn't even have any type of payroll worked out the first year.

My First Million
How I Built a $1.7B Business Repairing Garage Doors

I was like, yeah, dude, but 2017, we got on the right software.

My First Million
How I Built a $1.7B Business Repairing Garage Doors

And man, all of a sudden we were doing 17 million, but keeping hardly any of it.

My First Million
How I Built a $1.7B Business Repairing Garage Doors

Next year, we did $30 million.

My First Million
How I Built a $1.7B Business Repairing Garage Doors

Next year, we did $50 million.

My First Million
How I Built a $1.7B Business Repairing Garage Doors

And we've never lost money in profit or revenue, well, basically since the beginning.

My First Million
How I Built a $1.7B Business Repairing Garage Doors

But 2017, we were just on a rocket ship.

My First Million
How I Built a $1.7B Business Repairing Garage Doors

Revenue was $17 million, and that was out of grit.

My First Million
How I Built a $1.7B Business Repairing Garage Doors

That was just like working nights, weekends, and holidays, just overworking.

My First Million
How I Built a $1.7B Business Repairing Garage Doors

And I remember Al came in and said, let me tell you something, buddy.

My First Million
How I Built a $1.7B Business Repairing Garage Doors

I'm looking at your P&L.

My First Million
How I Built a $1.7B Business Repairing Garage Doors

I'm looking at your balance of your income statement.

My First Million
How I Built a $1.7B Business Repairing Garage Doors

Revenue is for vanity and profit is for sanity.

My First Million
How I Built a $1.7B Business Repairing Garage Doors

You're not making any money.

My First Million
How I Built a $1.7B Business Repairing Garage Doors

You're just a squirrel running around in circles.

My First Million
How I Built a $1.7B Business Repairing Garage Doors

He goes, we need to figure out how to make serious profits.