Path to Progress with Paul Heintzman and John Ackerman
Major Robertson, Founder and CEO of Major Holdings [http://major.holdings], joins us to discuss how he buys online businesses and how he has quickly built a Private Equity Fund. Some questions Major Robertson answered in this episode: * What did Major Robertson's college experience look like? * When did you realize that college was not the right path for you? * How did you teach yourself to code in high school? * What was it about working in the corporate world that you didn't like? * What was the first side job you had when you were working your corporate job? * What was the point when you realized you should quit your corporate job? * How did you think of the idea for your first business and how did it grow? * Did you create your website from scratch or did you create it off of an existing website? * What did creating your website and business look like? * How did you overcome competition in the field? * How did your business grow to where it is today? * Why did your mindset shift from a lifestyle company to wanting to grow your business? * What made you want to buy a second company and what was it? * What made you want to grow your company to the size of where it is? * What do you look for in a business to purchase? * Where does Major Robertson find businesses to buy? * Why are people selling their businesses? * What does a business that you are not interested in buying look like? * How do you hire your employees and what does managing look like for you? * What does your interview process look like, how did you know they were a right fit for the company? * What is the atmosphere in the office and how has it evolved? * Is it stressful working in such close proximity to your employees? * What's the dress code look like at Major Holdings? * What are the commonalities in growing these companies? * Is it difficult for your content creator to write content for multiple different industries? * How has the city of Louisville helped or hindered the growth of Major Holdings? * What advice would you give to those who think they are not able to build a start-up company in Louisville? * Have you had a business you regret purchasing? * Is there anything specific you look for when purchasing a company? * What have been some of the lows in the business? * Are there any companies or people you are modeling yourself of your company after? * Are you planning to stick with online businesses? * Where do you go to help fund your business purchases? * What would you say to someone who is unhappy with their current path? Last call: * What advice would your 60-year-old self give you today? * Finish projects that you start. * What advice would you give to a new entrepreneur? * You don't have to be an inventor to create something new. * Find something that's positive revenue and make it better. * What is a book/documentary/podcast you would recommend? * BiggerPockets Podcast [https://www.biggerpockets.com/podcast] * Rich Dad Poor Dad [https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194/ref=sr_1_1?gclid=Cj0KCQjw6eTtBRDdARIsANZWjYb1K2FqIacuh4VINB0Q8w2-ZjsZLMjPt3pE7NW-1D3fDp0YXnbB20MaAub7EALw_wcB&hvadid=241650682711&hvdev=c&hvlocphy=9014228&hvnetw=g&hvpos=1t1&hvqmt=e&hvrand=1374821063468689936&hvtargid=kwd-128748324&hydadcr=21902_10170999&keywords=rich+dad+poor+dad+book&qid=1572454782&sr=8-1] by Robert Kiyosaki * What is the best thing you spent money on in the last six months? * Noise cancelling headphones * What's your favorite thing to drink? * Rosé Bubbles Fruited Ale [https://rhinegeist.com/beer/bubbles/] Notes: * It Doesn't Have to Be Crazy at Work [https://smile.amazon.com/Doesnt-Have-Be-Crazy-Work/dp/0062874780/ref=sr_1_2?crid=2RJ4C0FCZKA82&keywords=it+doesn%27t+have+to+be+crazy+at+work&qid=1574346757&sprefix=it+doesn%27t+h%2Caps%2C156&sr=8-2] * Kentucky Small Business Tax Credit [https://thinkkentucky.com/kyedc/pdfs/KSBTCFactSheet.pdf] * Story Louisville [https://www.storylouisville.com/] * Louisville Open Coffee Club [https://www.facebook.com/OpenCoffeeLou] * Empire Flippers [https://empireflippers.com/] * Flippa [https://www.flippa.com/] * Purchase your Drunken Money Swag!!! [http://drunkenmoney.com/swag] Enjoyed this episode? Feel free to contact Major Robertson at major@major.holdings. Also, check out our episode with Sisun Lee of Morning Recovery [https://drunkenmoney.com/drink-tonight-feel-good-tomorrow-morning-recovery/]. Have any topics you want to be covered or amazing people you'd like us to interview? Let us know! You can email us at info@drunkenmoney.com [info@drunkenmoney.com]. You can also find us on Facebook [https://www.facebook.com/drunkenmoneymedia/], Instagram [https://www.instagram.com/drunken_money/], Twitter [http://twitter.com/drunken_money/], and Linkedin [https://www.linkedin.com/company-beta/16166061/]. Please be sure to subscribe to our weekly mailing list at drunkenmoney.com/subscribe [http://drunkenmoney.com/subscribe].
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