790 episodes

Welcome to the New 1%, a community of people judged by their impact, not their wealth. We pool funds, develop people, and optimize for impact.

How do we do this on the show? We discuss the following topics:

Buying & Selling Businesses
Operating Businesses
Deep Dive into impact entrepreneurs
Community Investing
My Personal Progress Updates

We also interview acquisition entrepreneurs to hear about the impact they want to create and the obstacles they had in finding, funding, and operating their businesses.

How do we do this off the show? Message me @timdouglas924 on IG and find out... Support this podcast: https://podcasters.spotify.com/pod/show/timothy-douglas0/support

The New 1‪%‬ Timothy Douglas

    • Business
    • 5.0 • 12 Ratings

Welcome to the New 1%, a community of people judged by their impact, not their wealth. We pool funds, develop people, and optimize for impact.

How do we do this on the show? We discuss the following topics:

Buying & Selling Businesses
Operating Businesses
Deep Dive into impact entrepreneurs
Community Investing
My Personal Progress Updates

We also interview acquisition entrepreneurs to hear about the impact they want to create and the obstacles they had in finding, funding, and operating their businesses.

How do we do this off the show? Message me @timdouglas924 on IG and find out... Support this podcast: https://podcasters.spotify.com/pod/show/timothy-douglas0/support

    A Deep Dive into Chimney Repair & Duct Cleaning Ventures" 🎄

    A Deep Dive into Chimney Repair & Duct Cleaning Ventures" 🎄

    🔥 Ready to make way for Santa Claus with your own Chimney Repair and Duct Cleaning business in Maryland? Explore the intricacies of acquiring a business with just a 10% down payment on an SBA loan! Dive into our latest episode for a detailed analysis of this unique opportunity. 🔥

    🎧 Episode Highlights:

    1️⃣ Red Flag Alert: "Employee-free Business" - Understand the challenges and opportunities of acquiring a business currently operating without employees. Is it a hidden gem or a cautionary tale?

    2️⃣ Strengths Insight: "Evergreen Demand in Home Services" - Discover why the home service industry, particularly chimney repair and duct cleaning, remains a lucrative and stable market.

    3️⃣ Employee Quality: "Attracting High-Caliber Talent" - Learn how the industry's fair pay can attract higher quality employees, a crucial factor in the success of your business.

    💡 Financial Breakdown:


    Purchase Price: $485,500


    Your Down Payment: Approx. $48,550


    Remaining Debt: Approx. $436,950


    Estimated Cash Flow: $150k, with about $70k remaining after monthly payments of $6,650



    👥 Consult Your Team: Bring your accountant, lawyer, equity partner, and due diligence expert into the conversation. Make a well-informed decision that could shape your future.

    🍪 Embrace the opportunity to own a turnkey business like a Crumbl franchise. It's more than just a transaction; it's a strategic move towards entrepreneurship.

    📲 Share this with aspiring entrepreneurs or anyone looking to dive into the home service industry.






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    • 6 min
    "The Power of Branding: Lessons from Nike & Jordan" 🚀

    "The Power of Branding: Lessons from Nike & Jordan" 🚀

    👟 Think of Nike's iconic swoosh. Ever wonder what catapulted it to fame? Hint: It's got everything to do with Michael Jordan! Dive into our latest episode to unravel the secrets of iconic branding and how you can apply these lessons to your business. 🏀

    🎧 Episode Highlights:

    1️⃣ Mission Definition: "Crafting Your Brand's Mission" - What's the core purpose of your brand? We start by defining the mission that drives your brand forward.

    2️⃣ Audience Understanding: "Knowing Your Audience" - Who are you speaking to, and how? Discover the art of connecting with your audience authentically.

    3️⃣ Visual Identity Creation: "Designing Brand Aesthetics" - Learn how to create a visual identity that resonates. Your brand's look matters as much as its message.

    4️⃣ Messaging Consistency: "Unified Brand Communication" - Consistency is key. We'll discuss how to maintain a unified brand voice across all platforms.

    5️⃣ Audience Engagement: "Connecting with Customers" - Engage your audience in meaningful ways. It's not just about selling; it's about building relationships.

    🔑 Remember, branding is about creating positive associations in your customer's minds. It's your reputation on the line. Consistency is crucial – inconsistency can be seen as a facade.

    📲 Share this with someone thinking about branding for their business.






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    Support this podcast: https://podcasters.spotify.com/pod/show/timothy-douglas0/support

    • 10 min
    🚀 "Following Musk's Footsteps: Aligning Passions with Business" 🚀

    🚀 "Following Musk's Footsteps: Aligning Passions with Business" 🚀

    🤔 Did you know Elon Musk's ventures are deeply rooted in his childhood passions? What if YOU could chart a similar course? Dive into our latest episode where we unpack the blueprint to aligning your business with your passions - a strategy not just for fulfillment but for impactful wealth creation! 🌌

    🎧 Episode Highlights:

    1️⃣ Skill Assessment: "Evaluating Personal Strengths" - Discover your unique skills, just like how Elon pinpointed his strengths to revolutionize industries!

    2️⃣ Interest Exploration: "Passions as Business Ideas" - Uncover the potential of turning your interests into viable business ventures. If it excites you, it might just work!

    3️⃣ Conducting Market Research: "Finding Your Niche" - Learn to blend your skills and interests with market needs. Where can you fill a gap or form strategic partnerships?

    4️⃣ Demand Analysis: "Assessing Market Needs" - Understand the growing demands in your chosen field. Is the market craving what you have to offer?

    5️⃣ Growth Planning: "Future-Proofing Your Business" - Think long-term. How can your business evolve and grow with you over time?

    🌱 Remember, aligning your business with your expertise and interests isn't just fulfilling – it's strategic. This isn't just about dreaming big, it's about strategic steps to get there. 🌱

    📲 Send this to someone ready to create wealth and a lasting impact!






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    Support this podcast: https://podcasters.spotify.com/pod/show/timothy-douglas0/support

    • 8 min
    Week 16: The Journey to the New 1% - Targeting, Expansion, and Challenges" 🚀

    Week 16: The Journey to the New 1% - Targeting, Expansion, and Challenges" 🚀

    📈 This week on our journey to the new 1%, we delve deep into strategic targeting, real estate expansion, and overcoming challenges. Join us as we share insights from our personal journey, aiming to inspire and guide fellow entrepreneurs. It's a raw, real, and revealing look into the world of business and personal growth. 🌟

    🎧 Episode Highlights:

    1️⃣ Narrowing the ICP (Ideal Client Profile): We've honed in on our target audience - young, Christian, business-minded, and impact-focused salespeople. Discover how this specificity is key to our strategy.

    2️⃣ Direct Messaging (DM) Strategy: Learn about our DM outreach, how we're refining our approach based on our updated ICP, and the importance of targeted communication in digital marketing.

    3️⃣ Advertising Budget Planning: Get insights into the power of ad dollars, particularly in boosting Reels and driving traffic to our Facebook group. We're gearing up for a significant advertising budget to create a stronger feedback loop.

    4️⃣ Sober Living Venture: Exciting news! We've purchased a property in San Antonio for our sober living project. We dive into the challenges of finalizing the purchase, preparing for the closing, and the logistics involved.

    5️⃣ Operational Challenges: From furnishing the new property to finding a sober living house manager, and managing leases in Austin, we discuss the nitty-gritty of real estate management and the hurdles we're facing.

    🤔 Reflecting on Our Journey: We wrap up with a reflection on our week and invite you to share your journey. What does your week in the pursuit of the new 1% look like?

    📲 Share this episode with fellow entrepreneurs, real estate enthusiasts, and anyone on a journey of personal and professional growth.






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    Support this podcast: https://podcasters.spotify.com/pod/show/timothy-douglas0/support

    • 12 min
    The Journey of Community Investing Newbies 🌱

    The Journey of Community Investing Newbies 🌱

    "Join us in tracking the progress of our community investment novices on their entrepreneurial adventure! 📈

    🗓️ Timeline Check:


    Dec 2: Venture begins


    Dec 19: 'Outsourced Services LLC' is born


    Dec: $2,400 pooled in shared account


    LLC Setup Cost: $400



    🤔 Challenges & Insights:


    The debate over which package to choose on IncFile


    Exploring business credit for early financing


    DIY approach: No paid help, all self-research


    First month: No significant progress


    Meeting schedule: Started weekly, then lapsed due to life commitments



    📅 Current Status (Early January):


    Upcoming meeting set for this month


    $2,000 in capital, with $2,400 more expected


    Continued research on business credit



    💡 Reflect: They're learning that consistency and commitment are key in entrepreneurship.

    🗣️ Your Thoughts?

    How do you think they're doing? Any advice or experiences to share? Join the conversation in the comments!

    #CommunityInvesting #EntrepreneurshipJourney #BusinessStartup #PodcastUpdate






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    Support this podcast: https://podcasters.spotify.com/pod/show/timothy-douglas0/support

    • 11 min
    The Law of Solid Ground: Groups rise and fall on their leaders

    The Law of Solid Ground: Groups rise and fall on their leaders

    "Leadership can transform a pack of lions led by a dog into warriors, or reduce them to mere followers. Discover the essence of true leadership in our latest podcast episode, featuring the wisdom of John Maxwell. 

    🔑 Key Takeaway: Leadership is about trust, not just authority. Maxwell's Law of Solid Ground teaches us that trust is the foundation of effective leadership. But how is this achieved?

    1️⃣ Competency: Excel in your responsibilities. Aim to be world-class in what you do.

    2️⃣ Character: Embrace integrity and ethics. Remember, you're either honest or you're not; patient or not; reliable or not.

    John's insights remind us that ethics permeate every aspect of life, influencing our relationships and community dynamics. Building trust through competent and ethical interactions is key to growing influence and fostering strong communities, be it in friendships, businesses, or families.

    🚀 Want to elevate your leadership and relationship skills? Listen in and share this with someone looking to enhance their impact!

    #LeadershipPodcast #JohnMaxwell #TrustInLeadership #BuildInfluence #MaxwellLeadership"

    📣 Perfect for posting on Twitter and LinkedIn to engage your audience! 🌟






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    Support this podcast: https://podcasters.spotify.com/pod/show/timothy-douglas0/support

    • 11 min

Customer Reviews

5.0 out of 5
12 Ratings

12 Ratings

Damla A. ,

Insightful

Timmy knows how to get to the heart of the dreams and show us what moving towards our dreams can teach us about our common and beautiful condition of being human. A must listen!

Alliance Seminars Coaching ,

A Very Good Podcast

Timmy asked awesome questions that led to a great discussion on leadership and reaching your potential. In addition, the topics led to information that will help listeners on a personal growth and leadership journey and provide them with leadership practices that they can easily adapt. Timmy has created an outstanding way to take his experiences and those of his guest, to help build community throughout the virtual world.

Dr. Lynn Carey ,

My Journey to Grace

Had such an amazing time on Timothy's show! He is a very enlightened person to talk to and full of wisdom!!

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