Watch on YouTube
Transportation
This video does not allow embedding, so you get a static preview and a link to the original.
Key takeaways
- Why do it versus just doubling the existing business?
- If you already have a business that's gone from five to seven to 10, I'm like, well, maybe next year you're at 13, year after that you're at 17.
- I'm like, that sounds like a pretty good business.
- But, it's just like taken to the natural extreme, can I build a hundred million dollar per year trucking business?
Chapters
Full transcript
Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.
0:00So, I own a transportation company. >> Cool. >> We uh deliver chemicals. We did 10 million last year. The year before that was seven. >> Nice. >> This year, I realized that I can make more money selling the same product that we're transporting. >> Okay. Why do it versus just doubling the existing business? If you already have a business that's gone from five to seven to 10, I'm like, well, maybe next year you're at 13, year after that you're at 17. I'm like, that sounds like a pretty good business.
0:28>> Yeah, I guess I >> I'll explain where my thinking is. There's always opportunities, and the thing is is the bigger distribution base is, which it will continue to grow, the more enticing the other opportunity will be, right? The woman in the red dress, she just always is more and more attractive. The more distribution you build, the more skills you have. Like, believe me, the amount of opportunities that I have to turn down now is like sickening. But, it's just like taken to the natural extreme, can I build a hundred million dollar per year trucking business? If the answer is yes, then what risks that? Everything that isn't that.
0:58>> It's fair. >> I mean, it seems like a simplistic way of viewing the world, but it's also really hard. But, I also think it's probably the right call.