Skateboarding and Entrepreneurship: Insights From a Business Broker feat. Joseph Pergolizzi with Website Closers
02/09/23 • 46 min
One of the most crucial stages of entrepreneurship is having a clear exit strategy in place once your business is booming. Synonymous with the way you’d use a realtor to help sell your house, a business broker is just as effective when it comes to selling your business! Joining us today is entrepreneur extraordinaire and business broker on WebsiteClosers.com, Joseph Pergolizzi. After telling us what holds him back from starting his days with tequila, Joseph gives us his personal account of how he grew up, how BMX Plus! Magazine changed his life, and how he began his entrepreneurial journey. We examine the paradox of starting a business and losing your passion for it, why Joseph believes in karma, and how this outlook has made him successful, as well as how you can tell when it’s time to plan for your company’s acquisition. After sharing the three-step process he uses to help his clients, Joseph explains why he loves his work and offers some advice for savvy entrepreneurs who also want a chance at cutting a six-figure deal. We also end with a quick analysis of the incredible influence that the skateboarding industry has had on modern culture. There is so much to learn in this truly fascinating conversation. Tune in and enjoy the ride!
Key Points From This Episode:
• Introducing serial entrepreneur and marketing guru, Joseph Pergolizzi.
• Why having work to do is the only thing preventing Joseph from starting his days with tequila.
• Joseph’s personal story: his childhood, BMX Plus!, and how he got into entrepreneurship.
• Why he’ll never forget the 16th of November, 1994.
• How the obligations of starting a business can douse your initial passion for it.
• Joseph’s belief in karma and how it helped shape his success.
• Why he started working with WebsiteClosers.com and how it works for his clients.
• How you can tell when it’s time to develop an exit strategy for your business.
• The three-step process that Joseph uses to help his clients sell their businesses.
• Why Joseph loves the work that he does.
• His $90 million deal and some advice for budding entrepreneurs.
• The rise of the skateboarding industry and how it has influenced modern culture.
Tweetables:
“You have to walk through open doors. Don’t try and force something good to happen. As long as you’re active, as long as you’re in the game, there are going to be open doors.” — @Joeperg [0:07:18]
“When I first opened [my store], I had no idea I was going to fall in love with snowboarding. I just had this vision that I wanted to create a cool place for kids to go and hang out after school. I wanted to create a sense of community.” — @Joeperg [0:14:22]
“If you are truly aligned with doing good work in the world, things will pay off. I undoubtedly believe that. It’s an unshakable truth of mine.” — @Joeperg [0:15:04]
“When you work so hard at something, you have a sense of dignity. That can’t ever be shaken.” — @Joeperg [0:35:31]
“If you’re a hard-working entrepreneur, and you know how to build relationships and value resources, and you are humble and curious, you’ll be successful. You don’t need to go to business school to crush it.” — @Joeperg [0:37:30]
Links Mentioned in Today’s Episode:
One of the most crucial stages of entrepreneurship is having a clear exit strategy in place once your business is booming. Synonymous with the way you’d use a realtor to help sell your house, a business broker is just as effective when it comes to selling your business! Joining us today is entrepreneur extraordinaire and business broker on WebsiteClosers.com, Joseph Pergolizzi. After telling us what holds him back from starting his days with tequila, Joseph gives us his personal account of how he grew up, how BMX Plus! Magazine changed his life, and how he began his entrepreneurial journey. We examine the paradox of starting a business and losing your passion for it, why Joseph believes in karma, and how this outlook has made him successful, as well as how you can tell when it’s time to plan for your company’s acquisition. After sharing the three-step process he uses to help his clients, Joseph explains why he loves his work and offers some advice for savvy entrepreneurs who also want a chance at cutting a six-figure deal. We also end with a quick analysis of the incredible influence that the skateboarding industry has had on modern culture. There is so much to learn in this truly fascinating conversation. Tune in and enjoy the ride!
Key Points From This Episode:
• Introducing serial entrepreneur and marketing guru, Joseph Pergolizzi.
• Why having work to do is the only thing preventing Joseph from starting his days with tequila.
• Joseph’s personal story: his childhood, BMX Plus!, and how he got into entrepreneurship.
• Why he’ll never forget the 16th of November, 1994.
• How the obligations of starting a business can douse your initial passion for it.
• Joseph’s belief in karma and how it helped shape his success.
• Why he started working with WebsiteClosers.com and how it works for his clients.
• How you can tell when it’s time to develop an exit strategy for your business.
• The three-step process that Joseph uses to help his clients sell their businesses.
• Why Joseph loves the work that he does.
• His $90 million deal and some advice for budding entrepreneurs.
• The rise of the skateboarding industry and how it has influenced modern culture.
Tweetables:
“You have to walk through open doors. Don’t try and force something good to happen. As long as you’re active, as long as you’re in the game, there are going to be open doors.” — @Joeperg [0:07:18]
“When I first opened [my store], I had no idea I was going to fall in love with snowboarding. I just had this vision that I wanted to create a cool place for kids to go and hang out after school. I wanted to create a sense of community.” — @Joeperg [0:14:22]
“If you are truly aligned with doing good work in the world, things will pay off. I undoubtedly believe that. It’s an unshakable truth of mine.” — @Joeperg [0:15:04]
“When you work so hard at something, you have a sense of dignity. That can’t ever be shaken.” — @Joeperg [0:35:31]
“If you’re a hard-working entrepreneur, and you know how to build relationships and value resources, and you are humble and curious, you’ll be successful. You don’t need to go to business school to crush it.” — @Joeperg [0:37:30]
Links Mentioned in Today’s Episode:
Previous Episode
Flying into The Future: Private Aircraft for Business and Pleasure feat. Travis Lamance with HavenAero
Join us for another episode of Small Business Origins where we hear from Travis Lamance of Haven Aero. Travis explains how he moved to Pampa working on aircraft, which exposed a need in the market for booking private flights nationwide. He explains the difference between a first class ticket on a commercial airline versus a private aircraft, noting that smaller aircraft such as King Air or Citation CJ are more affordable options they offer. He also talks about customer service and how it plays into the cost analysis, as well as crowdfunded flights and open flights. Travis also discusses how they manage aircraft for corporations, providing pilot services and management services to save money for the owner. Lastly, he encourages viewers to check out Haven Aero's website for more information on booking trips and getting quotes.
Book your flight today: havenaero.com/beefy
Key Points From This Episode:
• Small Business Origins: Haven Arrow Dot Com With Travis Lemon
• Building A Nationwide Business And Starting Haven Arrow
• Learning The Local Lingo: A Story Of Moving To Pampa
• Finding An Aircraft Operator In A Pilot Shortage Market
• Safety Measures In Aircraft Operation
• Hiring Private Pilots To Operate Aircraft For Owners
• The Benefits Of Private Aircraft Travel
• Limited Exposure To Luxury: A Middle-class Struggle
• Decline Of Airline Customer Service: A Growing Problem
• Crowdfunding To Fill Empty Seats On Repositioning Legs
• Cost Benefits Of Private Aircraft For Business Travel
• Time Savings Of Flying Vs. Driving
Tweetables:
"It's the experience of riding on a private aircraft, it's exponentially better than an airline. Starting from the time you go to leave your destination and the trip planning all the way up to [landing] as well. But you know, [from the] time of departure, you don't have to go through all the, all the security lines and go through a big airport." - Travis Lamance [24:39]
"[Airlines are] dealing with pilot shortages and staffing shortages, just like every other business out there, and over the last 10 years you've really seen it in their customer service side where you know, it used to be, if they would even delay a flight, they would trip over themselves apologizing and trying to make it right and nowadays they just cancel a flight and, and wonder why you're mad and they're just, the customer service has really fallen off a cliff in my personal experience with a lot of them and we get a lot of business coming to us because people are just tired of it." - Travis Lamance [31:04]
"One thing that plays into the cost analysis whenever you're looking at it for a corporation, airlines only service about 500 airports in the United States and through private aircraft, we service about 5000 airports in the United States." - Travis Lamance [36:11]
Links Mentioned in Today's Episode:
Next Episode
From Performer to Tutor: The Story Behind Grove Prep feat. Nathaniel Dolquist with Grove Prep
As an entrepreneur, you need to know what your services are worth and have the confidence to value them accordingly. Today’s guest is a creative, performer, tutor, and entrepreneur. Nathaniel Dolquist is here to tell us all about his incredible business Groove Prep and today he inspires us to change our lives by knowing our own worth. In this episode, you’ll hear all about Nathaniel’s background, his performing arts studies, how he got into tutoring, and why he decided to start his own tutoring company. We also discuss why his tutors get to decide how much they earn, why he loves being an entrepreneur, how charisma affects your success, and the role self-discipline plays in Nathaniel’s life. Nathaniel goes on to explain how knowing himself and his value changed his life before he explains why he selects his clients carefully. He even walks us through the process he takes new clients on and explains how he creates good relationships through communication. Finally, he leaves us with a plea to consider the child’s relationship with their tutor. This episode is informative, educational, and inspirational and is not one to be missed so tune in now!
Key Points From This Episode:
- Welcoming our guest, Nathaniel Dolquist, and hearing about the hardest class he ever took.
- A brief overview of Nathaniel’s background as a performer and how he became a tutor.
- How Nathaniel became a successful tutor and started his company.
- The first rule he made when he started his tutoring company: tutors set their own rates.
- How therapy helped Nathaniel value himself and change his life.
- What Nathaniel loves about being an entrepreneur and why he couldn’t work a W2 job again.
- The importance of charisma and what we believe it to be.
- How self-discipline sets you free.
- Nathaniel explains what executive function is and how it affects his work.
- Why covid showed us that there is a different way to get things done.
- Why Nathaniel is selective about the clients he takes on.
- Nathaniel walks us through the process of finding service through his company.
- How Nathaniel creates good relationships with his clients.
- What he is offering for the internet and where you can find it.
- The importance of taking the child’s relationship with the tutor into consideration.
Tweetables:
“You can get paid vastly different amounts for the exact same job depending on where you are.” — @ndolquist [0:04:12]
“I don’t want any of this nastiness that I encountered with any of the other tutoring companies I used to work for. So, I decided to develop a company that I would want to work for.” — @ndolquist [0:09:18]
“My life has completely changed because I started valuing myself and my services differently.” — @ndolquist [0:11:40]
Links Mentioned in Today’s Episode:
Nathaniel Dolquist on LinkedIn
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