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Innhold levert av Will Smith. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Will Smith eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
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Taking a Flower Shop from $600k to $9 Million

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Manage episode 459529165 series 2931927
Innhold levert av Will Smith. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Will Smith eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Michael Jacobson bought his uncle's barely-profitable 45-year-old flower shop in LA. In 4 years he's grown it 16x.

Topics in Michael’s interview:

  • Revamping his uncle’s flower shop
  • Replacing the overpriced phone system
  • Building custom software for the floral industry
  • Why flower shops are hard to run
  • How “wire services” like 1-800 Flowers work
  • Switching to Google Ads for better ROI
  • Doubling revenue with a new website
  • Operating as a digital-first brand with physical locations
  • Becoming the French Florist franchise
  • Why he’s not interested in private equity money

References and how to contact Michael:

Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

Get a complimentary IT audit of your target business:

Get a free review of your books & financial ops from System Six (a $500 value):

Connect with Acquiring Minds:

  continue reading

322 episoder

Artwork
iconDel
 
Manage episode 459529165 series 2931927
Innhold levert av Will Smith. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Will Smith eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Michael Jacobson bought his uncle's barely-profitable 45-year-old flower shop in LA. In 4 years he's grown it 16x.

Topics in Michael’s interview:

  • Revamping his uncle’s flower shop
  • Replacing the overpriced phone system
  • Building custom software for the floral industry
  • Why flower shops are hard to run
  • How “wire services” like 1-800 Flowers work
  • Switching to Google Ads for better ROI
  • Doubling revenue with a new website
  • Operating as a digital-first brand with physical locations
  • Becoming the French Florist franchise
  • Why he’s not interested in private equity money

References and how to contact Michael:

Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

Get a complimentary IT audit of your target business:

Get a free review of your books & financial ops from System Six (a $500 value):

Connect with Acquiring Minds:

  continue reading

322 episoder

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