Oct 02
The 45-minute rule
In 2019, I could drive to every shop I owned within 45 minutes. I believed my success was due to my hands-on management And that we’d fail if I couldn't visit in person. I had quite the ego! That fear of failure kept me from buying stores outside my comfort radius. I even turned down a deal 75 minutes away that generates $10M+ revenue per year for someone else. Eventually, I realized other owners operated more stores, further apart, at higher volume than mine. If they can do it, why not me?...
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