CoFounders.com
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We merge old school business models with new generation operators and technology | 8 figure HoldCo | @mhp_guy | @cofoundersnik
Dallas, TX
Joined July 2023
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We are CoFounders! A small, 8 figure HoldCo dedicated to merging old school business models with new generation operators and technology.
If you’re a Searcher, growing HoldCo, Startup, an entrepreneurial Student or just love building, follow along!
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We have a new format!
You gave some feedback and we listened. We added:
- a new intro
- a constant host perspective
- a wrap up with actionable tips
Take a listen to episodes 15 and 16 and tell us what you think.
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@CoFoundersNik
@HCareAdvisorGuy
I agree. Only someone with REALLY low self esteem would do that.
Sad!
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No filler. Straight fire
How I added 1,200 𝕏 followers in less than 60 days.
I'm not attractive, controversial or a professional writer so how did I do it? It's simple, but not easy.
My 3-part framework anyone can implement.
Step 1: Your Goal (or Your Why)
"He who has a why can endure any how." –
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@HCareAdvisorGuy
@CoFoundersNik
@mhp_guy
Tell us what kinds of valuations you are seeing today versus one year ago in the healthcare markets
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Grab a seat and get comfy because we're about to dive into the real, raw, and inspiring journey of a guy who brought Southern Cigar Co. to life, right from his university apartment. It's a tale of grit, hustle, and a whole lot of belief in oneself.
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@CoFoundersNik
@HCareAdvisorGuy
Oh hey guys! Totally didn’t see you talking about me until just now!! So funny. What a coincidence!!
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Who’s hungry now???
#cofounders
There's a massive opportunity to buy a local butcher and scale it.
Why?
4 Reasons:
1. Every butcher/slaughterhouse is slammed. 3-12+ month wait times are common.
2. Very much boomer-owned and outdated industry.
3. Growing tailwinds of local farm to table, know where you food
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It’s Saturday
You’re doing your chores
Bored out of your mind!
Binge on some short, awesome business stories!
These episodes are 7-10 minutes on average and PACKED with gems
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Sheesh!!! Como se dice "add value much"?
I'm consulting a guy buying land for an RV park outside of a state park, and I thought I'd put our whole process out there for the world to see.
This works for glamping sites too. Here is our exact process, with Texas as an example:
1. Get a list of all state parks by annual
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Another week in the books!
Monday Metrics -- Week of 9/11/2023
Newsletter
New Subs: 1,253 (869 last week) and ATH
Total Acquired Subs: 6,949
Total Active Subs: 5,347 (⬆️28% WoW)
CAC: $1.43 ($1.72 last week)
Open Rate: 44.03% (⬇️ 3.8% WoW)
CTR: 6.04%
Unsubscribe: 1.46% (purged unopened emails)
-
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We can’t wait for the benefits of owning this business 😂
#cofounders
Been spending some time on a MedSpa opportunity.
We love the space but would be new entrants.
Details:
* Growing market (top 10 in the nation)
* Younger demographic
* Lots of California and other Urban transplants, bringing their tastes with them
* Onsite with a golf
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The last 3 years since
@mhp_guy
and I started CoFounders has been CRAZY
Was going through our LTD performance and mapped our quarterly revenue with acquisitions/startups/exits overlayed
5 businesses bought
5 startups launched
3 exits
1 cohort completed
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@chineselawsuit
@readAIguy
@BrantPardone
@HCareAdvisorGuy
@CoFoundersNik
Let’s see, do we have a quorum?
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Every entrepreneur can empathize with this post! A day in the life for sure
#cofounders
Wanna be an entrepreneur? My day yesterday:
5:30am - Can't sleep. Drive to the office. Grab a Chick Fil A sandwich & diet Dr. Pepper.
6:30 - Get to inbox 0. Type up & send our weekly newsletter to 11,445 incubator applicants. Open rate is meh.
7:30 - Bang out a reddit post
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Long read but a must if you are new to partnerships
Before you pick a business partner, read this:
–
“I know it’s messed up, but you’re out, and we’re doing this anyway.”
That sentence is branded in my memory. This is my 100% true story, but names have been changed.
Years ago my wife made a new friend, and she asked what her
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Inspiring stuff from Parker here!
“Chief of Staff”
In our off-shore recruiting business, this has been the largest category our clients have requested.
The Trend: American SMB owners and consultants are looking to pass off the admin work from their plate so they can focus on Revenue-Generating Activities.
How
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You give this away for free??
#cofounders
How to find great business ideas or a great business to buy:
Go to a marketplace like
- Craigslist
- FB Marketplace
- Bizbuysell
And only search for the term "waiting list." See what pops up.
There's your demand, and then go from there.
Awesome for idea generation.
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The inspiring journey of Just Panela LLC, a company that breathed new life into a traditional Colombian product and introduced it to the world stage.
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Episode 9: HostButlers
A pioneering venture that transformed the Airbnb hosting experience in Ireland. W e delve deep into the entrepreneurial spirit that fueled this initiative, the hurdles encountered, and the strategies employed to overcome them.
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We made it!
#cofounders
BTW, I own
@WeAreCoFounders
with
@CoFoundersNik
. We buy and start companies with other entrepreneurs.
I tweet about startup growth, real estate, and other stuff I find cool. No wasted tweets. No filler, baby! I also have a very occasional weekly newsletter at
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His first viral tweet. 🥹
#cofounders
Here's a hard truth I've learned:
Sales guys are more successful!
I've always excelled in operations, and that's where I believed my competitive advantage was.
But then I started seeing people like
@GrantCardone
,
@sweatystartup
, and
@AlexHormozi
, and it hit me: They're not
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Growth-hacking is Chris’ love language
#cofounders
One of the secrets of our success at CoFounders is that all of our operators are college students or recent grads.
We train them to emphasize that fact in their outbound sales & prospects LOVE IT!
Today's outbound SMS campaign for our tree biz had these stats:
- 46% response
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This will be fun to show progress on!
#cofounders
Social experiment!
This is a little freaky but also really cool?
Chris and I launched a podcast…. But it’s not what you think.
This is 100% AI (even though it sounds exactly like Chris). The stories that we have collected over time are real but the narrator is fake.
What
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The best part about my job is spending time working on growth with our owners.
James and I spent 4 hours strategizing for the tree biz today at the new office.
While doing so, we had our best sales day ever, and he had it all delegated out.
I love entrepreneurship!
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Amanda's story is a testament to the power of resilience, strategic planning, and the magic that happens when one turns a childhood affection into a thriving business.
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Another week in the books!
#cofounders
Monday Metrics -- Week of 9/18/2023
Fast Tree Care
Sales: $5,894
CAC: $87.2
Average Job: $737 (⬇️2.8%)
Gross Margin: 40.6%
- Awesome to see a "slow" week of almost $6k!
- Gross Margins improved
- Still working on adding an admin position to give James bandwidth to do more
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Lots happening!
#cofounders
Shhhhhhh!!!! AUGUST NUMBERS ARE IN!!!
Super Secret Newsletter Project Data🗝️📈
Not ready to announce the all the details just yet but we recently partnered with an amazing CoFounder on a newsletter project! We are still in the validation phase of things but thought I would
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It’s getting better!
#cofounders
Social experiment update!
@mhp_guy
and I love startups and their stories from the early days. Makes us feel less alone hearing that others have struggles too!
A few weeks ago
@readAIguy
lit a fire under us! We decided to clone his voice (with AI), find startup stories (we
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@mhp_guy
I may be in the minority here but Dr. Horton is a well respected medical professional in my community
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