I paid someone $100 to answer four questions

I’m building a business helping match fractional workers with amazing opportunities.

Today, I got on the phone with a venture studio founder - who I paid $100 for 15 minutes of his time (and knowledge).

Questions I asked:

Should I target venture studios as clients?

At what point is a company like mine valuable?

What can I do to make it more valuable?

How can I supercharge that process?

It was a great call

Here is some stuff I learned:

1. your accounts receivables are important. I’m bringing in about 28k a month right now - and I can sell at 3x multiple. In theory.

2. you can use sites like micro acquire for non saas companies. (Didn’t really know they covered service businesses).

3. an LLC taxed as an C Corp is just fine for seed investments.

4. it’s never too early to prepare for an exit. But that means - just keep your business in order.

My goal is to get to $5m value and then sell.

Only $75k more a month to go. Ahhhhh.

(Also - signed a new client today!)