I took over my family business and grew it to 9 figures a year revenue AMA

r/

When I took over the family business it was by no means in a bad state. It was a successful company that provided us with a great life. Throughout my childhood the company was doing within the 7 figures a year range, so this is no rags to riches story. I was sent abroad (from the Middle East) to a boarding school as a child and took over almost immediately after finishing formal education.

I have however managed to expand into multiple sectors and grown the business into a group of companies through a lot of blood, sweat and tears.

Will try to reply to all questions even if it takes me some time.

Comments

  1. Zealousideal_Dot_546 Avatar

    What kind of business are we talking here?

  2. Aggressive_Chicken63 Avatar

    So to you, your time abroad was well worth it? What were important things that you learned there that helped you with the business?

  3. Various_Procedure_11 Avatar

    Whose blood? I’m guessing it was the employees’ blood.

  4. HappyCamper_2020 Avatar

    Is your business in China or in Middle East?

  5. Ok_Exit9273 Avatar

    What is the lowest salaries employee you have and do you think it’s s livable wage for them in your area

  6. HappyCamper_2020 Avatar

    Is your business listed or unlisted?

  7. abat6294 Avatar

    What is the name of your business?

  8. dasistmirwurscht Avatar
    1. What’s the best piece of advice you’ve ever received throughout your career, related to business or life in general? 2. What role does God play in your life and business? 3. What is the most valuable piece of art you own (if you can tell)? 4. How do you choose the best business partners? 5. Is attending university really essential for success in the business world? Thank you.
  9. WorldOfLavid Avatar

    Go give your employees some bonuses. They need the money more than you

  10. NefariousEgg Avatar

    How much has profit grown?

  11. FesteringAynus Avatar
  12. kensta Avatar

    I’ll tell you what. You show me a pay stub for 72000 dollars on it, I quit my job right now and I work for you.

  13. camelot107 Avatar

    Is your name Andy? Lol