Episode Description
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- The "Plant Your Flag" Strategy: Build an Empire with ETA + Franchising - Thu Aug 7 - https://bit.ly/45i7eGe
Avery Tomek bought his first little $1m FedEx route with an SBA loan. 3 years later, he has 240 trucks and $600k weeks.
Topics in Avery’s interview:
- Pivoting from real estate to FedEx routes
- Ups and downs of Covid
- Expanding his fleet
- Running his logistics business remotely
- Everything hinges on weekly deposits
- What makes a route lucrative (or costly)
- No marketing or sales. Just operations.
- Resale value of a FedEx route
- Demanding nature of the business
- “If you’re good, the world will compensate you.”
References and how to contact Avery:
Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:
Get a complimentary IT audit of your target business:
- Email Nick Akers at nick@inzotechnologies.com, and tell him you’re a searcher
Download the New CEO’s Guide to Human Resources from Aspen HR:
- From this page or contact mark@aspenhr.com
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Edited by Anton Rohozov
Produced by Pam Cameron