Originally Posted By: rray
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I spent $65 grand my first year. That could explain why I had such a successful first year. Spend less and grow more slowly. Spend more and grow faster. It’s all relative to what one wants to accomplish.
I had heard that running backs are 7 years instead of three.
For any business, your goal is to get past that fifth year. Statistics show that the 80/20 rule holds true for those first five years in that 80% of businesses will fail within the first five years. That's my main reason for not getting too involved in too much during these first five years, and I think that's where the trade associations fail us. They try to force new inspectors and candidate members to do all this continuing education stuff by going to monthly dinner meetings, classes, conventions, etc. That's malarchy and doesn't help my business grow. Guerrilla marketing helps my business grow.
I'm coming toward the end of year three in a couple of months here. I think I'm well on the way to going where I want to go, but if I quit doing any of the things that are bringing success right now, everything could fall flat quite easily.
Home inspections. . . .
One home at a time.