Bootstrapping
fromEntrepreneur
2 hours agoAn Entrepreneur's Guide to Succession Planning
Succession planning is essential for protecting business value, ensuring continuity, and securing the owner's financial future.
I was not getting enough sleep. I was not eating full meals. And I was putting more stress on myself than was even necessary. I felt like if I continued to treat my body this way, there would be some repercussions.
Dan and Doug didn't wait for anyone to 'pick' them—they built their own stage. They started with the Hammerkatz sketch group at NYU, then hustled their way into the legendary Upright Citizens Brigade. The first time they remember getting paid to be funny, they earned a bunch of Chipotle gift cards and some Rolling Rocks. 'We felt like we were rich,' laughs Dan.
"Vending is NOT fully passive income. I'd call it semi-passive, like 70% passive. Social media makes it look like you fill machines once a month and money rains in."
He gave me this pitch that Goldman is an incredible place, but you are a cog in a giant wheel. There were so many industries that no one was paying attention to on the tech side in the U.S. He got me really passionate about doing something to help improve how those industries work.
Michelladonna goes around the world to celebrate the cats who live and work in bodegas, corner stores, and repair shops on her show, Shop Cats. The bilingual series launched in 2024 on creator-led production platform Mad Realities, and quickly found an audience drawn to its feline stars and Michelladonna's energy and humor.
Modernizing Medicine, founded in 2010, is a medical technology company that offers specialty-specific electronic health records, practice management software and patient engagement solutions.
"I was worth about over $1 million when I was 23, and over $10 million when I was 24, and over $100 million when I was 25, and it wasn't that important, because I never did it for the money."
ERA has structured its recruitment model around four growth pathways; increasing existing agent productivity, recruiting outside agents, adding ancillary revenue streams, such as mortgage and title, and pursuing M&A. The approach has found traction among brokers who view the brand as a vehicle for expansion rather than a simple flag-planting exercise.
Mark and Kira Walton's journey with Voya began without a grand plan, as they candidly admitted, 'Both of us were clueless, let's be honest. We didn't know what we were doing.' Their success story is remarkable, with Voya now recognized internationally for its seaweed-based skincare products.
"He'd bring it in... and we would taste it. And then he would say, 'add a little more spice,' or 'let's tone the vegetables down.' Then he'd take it back to the kitchen... back and forth."
Dr. Edwin Masimba Moyo has been instrumental in shaping modern horticulture in Africa, particularly through his pioneering work in Zimbabwe's blueberry industry, which opened doors to international markets.