Awareness Tech

“And so we converted the business From a one-time payment to a subscription, and that added two million dollars of revenue overnight. So it went from five million to seven million, and as all that revenue was profit, the business went from losing a million to m…”

“Well, it was total of 12, so there was one million for a couple of years, and then it grew to three, then grew to six, but yes. Correct. Yeah, we took out double what we put in before we sold it.”

“Well, five and a half million myself and a financial partner split at fifty-fifty, and we did a little bit of bank debt on top of that. a million bucks of bank debt to fund, you know, the purchase price and some other expenses and all that kind of stuff.”

“They went from losing money to making two million dollars, and so we were before we bought them, we were you know, a twelve million dollar business making four at this point, and they added they were eight and two now, and so now we were 26, and then we said, …”

“So to shut me up, they offered me 10% in their new venture, which was a protein bar company. Don't ask me why. they were bodybuilders. And I was like, I, the world does not need another protein bar company that they later sold it for a billion dollars.”

“They were doing 50,000 a month when we were negotiating. And the, by the time we closed it, five months later, it was doing a 100,000.”

“We started a negotiation where we were going to pay them. Nineteen million dollars on it. Then they were doing twelve million of revenue. But by the time we close the deal, they were on a Eight million dollar run rate, and they had run out of money, and they c…”