Putting My Money Where My Mouth Is

6 Months ago, not quite on April Fools Day but close, I invested a substantial sum of money and jumped into business ownership alongside already existing consulting work with my select group of clients. I had been looking to make a business acquisition for nearly two years and now am the proud owner of a business that markets, sells, designs, manufactures, and installs pergolas, sunrooms, carports, and other types of home additions.

It is an interesting journey transforming our new premises from an empty shed (with grease and rubber marks all over the floors and walls from the tyre mechanics that used to work there), and rebuilding it into a classy showroom and a hive of activity after hiring staff, and building the business systems (many of them from scratch).

A lot of my writing into the future is going to be sharing the journey from starting up, through to being operating cash flow positive (see my book Manufacturing Money on why I harp on about this requirement), and then into future growth. There are significant learnings through this period and into the future that I will be sharing with everyone, and these will form the basis of a new and an upcoming book for business owners that I am writing.

I am looking forward to sharing this journey with you.

Have an Awesome Day

Jason

 

6 Responses to “Putting My Money Where My Mouth Is”

  1. Greg MATTILA says:

    Jason,

    Are you able to say where the premises are located?

    Best wishes in the new venture. As you say it will allow you to test your ideas BUT I guess you would agree a significant shift from the businesses you have previously been involved in.

    My two sons-in-law are involved in the building industry. The eldest has a successful fencing business but he works hard. The other works for SPECTRUM as a Project Manager. He has previously worked on pergolas, carports, and bathroom renovations. It is an industry with opportunity yet good management is required.

    At the risk of going too far, my third daughter is soon to be divorced. The partner runs NOVOCASTRIAN BATHROOM SOLUTIONS from Belmont (Also known as Novocastrian Building Systems). It may sound like sour grapes, but his record is demonstrably pathetic, particularly with ripping off people. Don’t get involved with him.

    Best wishes and regards
    Greg Mattila

    And best wishes for Christmas and the New Year

  2. Philip Dowl. TFN says:

    Best wishes to you both in your new adventure and look forward to the ‘diary’ of events

  3. Anonymous says:

    Well done Jason and Rosalie, I look forward to hearing of your progress, and to seeing you all again when you are next in Orange. Trish

  4. Anonymous says:

    Thanks Trish,
    I hope Cameron is settling into his apprenticeship in the sector. We will look you all up when we are next in town.

    Jason

  5. Jason says:

    Thanks Phil

  6. Jason says:

    Hi Greg,
    the business is in Southern Sydney, Smeaton Grange to be precise. We have a large territory to service so there is plenty of room to grow. You are completely correct, good to great management is required and we will see how we go!

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