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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

So I was 17 million.

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

Everybody's like, man.

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

And I'd puff my chest out everywhere.

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

And I'd say how much revenue we're making.

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

Revenue means nothing.

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

I don't even talk to anybody about revenue anymore.

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

The name of the game is you got to make profit.

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

Well, do you remember your profit on 17?

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

I was paying myself 150 grand, taking a couple hundred grand out.

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

There was not a lot of money left.

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

And by the way, we didn't have a great CFO or controller at the time.

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

It wasn't super lined up.

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

That's one thing that changed my life is getting control of the money.

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

I started in Phoenix, then I went to Tucson in 2012.

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

2014, we're in Wisconsin and Las Vegas, Milwaukee and Vegas.

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

And by 2017, I was probably in seven or eight markets, but Phoenix was just massive.

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

By the way, I had to close down four markets a year later.

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

I had to close down Dallas, Houston, Atlanta, and Tampa.

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

And if you want to talk about somebody having to swallow their pride,

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

and basically say you're a failure, but I was gonna go broke.