The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 13 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Bimani: Bar Security Insurance Costs $23,000 Per Client Annually
“In the guard and the bar industry, you're not allowed to provide bar security unless you have a insurance and it costs roughly 23,000 dollars a year per client. A lot of guard companies don't have that. So they're leaving their guards their clients exposed to …”
Bimani: BPS Security Built Proprietary Software to Avoid SaaS Subscription Fees
“We hired a developer to do all our software. So we have our own custom software for the company. So we only have to pay for the maintenance on it instead of paying a subscription fee to someone else like Soho or a CRM provider or something like that.”
Bimani: Quote prices over the phone to disqualify bad leads fast
“Just give them the price over the phone. Who cares? If they say they can't afford it, at least you just saved all the time and you can use that time somewhere else because your time is very important, not so much the money.”
Bimani: BPS Security Quoted a 20% Surcharge to Force Weekly Payments
“I started telling clients we charge upfront before sources are rendered. And then they would tell me, well, we only do net 30 and net 45. Those are your two options. That's what they would tell me. I'm like, well, we charge a 20% price increase. So if we're go…”
Bimani: BPS Security ties operating expenses directly to individual client contracts
“The way we structured our company on our operation, we tied everything to the individual client. So if we lose the client, none of our other profit margins are affected.”
Bimani: BPS Security Turned Down a Prospective $13.2 Million Client Contract
“I turned down a client that would have brought in about 13.2 million dollars to in revenue to the company.”
Bimani: Fired BPS Security's First Operations Manager Over Extortion Threats
“I hired my first operations manager in early, early, because he couldn't do it. He was going to be my first pick, and I trained that operations manager. He turned on me when he was making good money. He wanted more. He threatened me, so I fired the guy.”
Bimani: BPS Security Needs Roughly $18M Revenue for Founder to Step Back
“It would roughly take about eighteen million dollars for me to get there, to be able to put a really good team in place for me to step back.”
Bimani: Training three managers from poverty to take over BPS Security
“So right now I have three managers. No formal higher education from the university or the colleges. They just have their high school diplomas. And those are the ones that have stuck with me. They're hard workers. They all came from poverty, just like I did. An…”
Bimani: BPS Security Generates Roughly $3.7M in Annual Revenue
“And we're currently making approximately 3.7 million dollars a year on average.”
Bimani Hired a Business Coach With BPS Security's Last Few Hundred Dollars
“Back in 2018, I hired a business coach with the last couple hundred dollars I had. And that's when we started changing the company around.”