How This Business Model Makes Him $890k/yr
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How This Business Model Makes Him $890k/yr
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In this episode, Ramsey breaks down why he bought a business he'd never shop in himself, how he got it financed after two banks turned him down, and what it takes to run it from another state.
◼️ Why a business he would never walk into as a customer turned out to be the only one that cleared every number on his list
◼️ How two banks turned him down over the category, and why he said no when the seller offered to finance the entire purchase
◼️ The visit he made to the store as an ordinary customer before he ever bought it, and what he was watching for
◼️ What running two stores from another state actually looks like, and why he says even when he's not there, he's there
◼️ Why he still has not taken a single dollar out of the business, and the three-year plan that changes that
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