“If I can get this thing going at 5 million in revenue at 10% net profit, that's a pretty sweet life for me”
JB
Jay Boren
Acquiring Minds ·
The Australian Small Business Show · What Happens When You Swap an Online Business for a Bricks-and-Mortar Shop? With Special Guest Kate Toon.
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achieved net profit after the first year
8% net profit
“If I can get this thing going at 5 million in revenue at 10% net profit, that's a pretty sweet life for me”
“Businesses on our platform, they grow an average of 300% after the first year”
“I have some numbers from a 2300 net outflow in say October 25. It reached to a peak of 122,000 crores in March, and after that, each month, 40,000 to 50,000 crores on a net basis.”
“I bought a profitable free cash flow generating business…in a very narrow vertical…make your first sale profitable.”
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