Ep. 14 The $10 Million Membership Model
Built to Sell Radio
00:00
Got It?
So when you sold this business for ten million bucks, you were doing about seven million an annual revenue, 500 thousand dollars in profit. At the end of the year, the run rate was at seven million dollars, which means that we had an income of just under 600000 dollars per month. So what we found at what we ended up a the ed o the year, i don't exactly know, it had to be close to seven millionjst. Sof the way we were moving towards that goal, and that's really back to the membership idea that you're youre charging people every month, exactly. Got it?
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