"Life is Just Brighter" in a $1.2m Distribution Business
About this episode
Joseph Cruz discusses his transition from finance to owning a distribution business and the challenges he faced in his first year.
Joseph Cruz left a lucrative job in finance to pursue business ownership. Year 1 has gone well (despite losing his GM). Register for the webinars: What Type of Franchise Is Right for You? - TOMORROW!! - https://bit.ly/48gn6eH The Operator’s Perspective: Running a Business for an Owner - Thu, Apr 9 - https://bit.ly/4m7lSZ7 Topics in Joseph’s interview: Growing up in a Filipino immigrant family Why aging infrastructure creates long-term opportunity The laundromat that started it all Running an “oh sh*t” business Construction seasonality in Chicago Last-minute GM retirement before closing Running the business while still working his W-2 job The scramble to digitize knowledge stuck in employees’ heads Building systems, vendor lists, and shared documentation Setting the company’s “emotional temperature” as the owner References and how to contact Joseph: LinkedIn A&A LinkedIn A&A Equipment and Supply Co. Articles by Joseph: From Spreadsheets to Steel-Toed Boots: Lessons from the First Few Months as an Entrepreneur Small Businesses are Small for a Reason: What It Really Takes to Modernize a 40-Year-Old Distribution Business The Real Work Begins: Midway Through My First Year as a…
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