- Pain To Profit$
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About Us
PAIN TO PROFIT$ is a complete resource for SMB entrepreneurs that brings together experts, newbies, and everyone in between through story, education, community, and pragmatic insight to help you start, sell, buy, or build your businesses. We offer a community of entrepreneurs, content, courses, events, and tools, and the #1 curated newsletter for entrepreneurs that helps you turn the pain of starting, selling, building, or buying a business into profit$.
Whether you are new to the game or a seasoned vet, you will learn valuable tips, find partners, source capital, buy businesses, sell your businesses, and gain access to the largest single source of entrepreneurial content and community.
For less than your daily cup of coffee, get hundreds of hours of the most cutting-edge content, information, research, and insight curated to your inbox that will level you up as you start, build, buy, or prepare to sell your business.
The Catalyst
In May of 2008, I graduated from the University of Colorado with a degree in Human physiology, only to walk into a stock and commodities trading firm the following Monday. Over the next 14 years, I spent my career in finance, investing, business, and entrepreneurship and worked intently with SMBs for 9+ years.
Day in and Day out I saw businesses fail and it drove me crazy as I watched these business owners consistently make the same mistakes. Its not that they weren't capable. However, they were applying the wrong tactics and solutions to their problems.
Did you know that less than 9% of entrepreneurs have Masters Degrees in business.
This means that 91% of entrepreneurs learn by doing. It also means that you don't need a business degree or an MBA if you want to be an Entrepreneur. You will learn 10 times more by being in the game than you ever will in a classroom. That said, we can learn a lot from the wisdom of others and avoid some of the pitfalls that come with a lack of experience. Personally, I am reading or listening to books, podcasts, YouTube, and Tiktok in order to level up, every day.
One day, I had a trivial idea:
What if there was a centralized resource of all the best entrepreneurship information where business owners across the spectrum, at various stages in their business lifecycle, could source the insight they needed at the moment they needed it most?
It sounded like a tall order. But similar to doctors or lawyers, it is impossible to remember every single thing you need to know from the top of your head. But with a foundation, context, and resources you can find all the answers you need. The problem is, there was no resource that solves this problem. As an entrepreneur, I saw an opportunity to make this antiquated process much more modern and efficient by creating a centralized resource.
There are 500,000 + new businesses being formed every single month, but 20% fail in the first year, 80% in the second year, and of those that make it past 5 years, 65% fail by year 10. And even if can make it past the first few years, how do you keep growing? And still yet, even if you built a successful business, what happens when you are ready to retire or sell it? Entrepreneurs need a way to source more knowledge as they grow in experience a reach a new stage of their business.
Knowledge + Experience = Entrepreneurial Confidence & Competence/