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8 Entrepreneurs Compete For $100,000 (for real)

Alex HormoziOctober 2, 202652m
In a Nutshell

Eight entrepreneurs followed a 90-day roadmap and achieved 2.4x average revenue growth, adding over $1M in revenue and $500K in profit combined. Joey won the $100K investment and year-long mentorship by demonstrating consistent execution, strong LTV:CAC metrics, and recurring revenue despite lower margins. The core lesson is that violent commitment to a clear plan can compress years of growth into 90 days.

AI-Generated Notes

These notes were generated by AI and may contain inaccuracies.

Eight entrepreneurs compete for $100,000 and a golden ticket providing a year of guidance from the host and team behind a $250 million per year portfolio. The golden ticket is described as priceless with potential to save or scale businesses built over years.

The competition is the qualification round where participants received a step-by-step roadmap 90 days prior. Four eliminations occur based on growth implementation. Questions are standardized for equal context. The judging panel includes Shanza (CEO and press head), and Leila (chairwoman overseeing all investments).

Tina Sue coaches parents of children with autism, ADHD, and speech delay. Trailing 12-month revenue was $1.1 million. Ninety days ago, the identified constraint was being the bottleneck. The three levers were building a system for team to answer repeat questions, fixing pricing for one-on-one time, and cutting 3-4 hour pitches to 45-minute webinars with clear teaching versus selling separation.

Tina executed all recommendations, running 13 weekly webinars and selling 232 enrollment spots compared to 75 previously. Revenue grew from $918,000 to $1.84 million run rate in 90 days.

Dr. Zad Oasi runs a preventative medicine concierge practice with $3.2 million trailing 12-month revenue. The constraint was marketing. Levers included turning visits into referrals, giving away something substantial instead of discounting, and selling at locations where wealthy customers gather through country club events.

Due to seasonal constraints, Dr. Oasi leveraged existing patient relationships in country clubs, resulting in events with near-zero customer acquisition cost. Revenue grew from projected $4 million to $4.5 million run rate.

Mim Jeninson teaches crafters how to make stickers with $850,000-$900,000 trailing 12-month revenue. The constraint was insufficient customers. Levers were increasing ad spend and replacing multiple cheap courses with one higher-priced annual offer.

Mim implemented all recommendations plus additional measures. Revenue projection grew from $800,000-$900,000 to $1.76 million. Goals include paying off home loan and purchasing mother's house.

Nas runs Flex Moving with $400,000 trailing 12-month revenue. The constraint was insufficient leads and customers. Levers included stopping hourly price competition and implementing VIP tiers for wealthy customers.

Nas implemented flat rates and closed a $15,000 move. Revenue grew from $360,000 to $1.03 million projected run rate.

Paul Fontinelli runs Boulder Adventure Park with $4.8 million trailing 12-month revenue. The constraint was cash flow with the business at half capacity and bleeding money. Paul had invested his 401k to sustain operations. The CFO indicated insufficient funds to continue operations.

The strategy was selecting one grand slam offer (summer camp) with a giveaway to generate leads and immediate cash. The campaign produced 3,700 leads but conversion struggled due to unprecedented volume. Revenue run rate decreased from $4.4 million to $4 million due to transition lull.

Paul was eliminated as the lowest growth performer. He emphasized non-quantitative improvements including establishing comprehensive business metrics previously absent.

Caleb owns Keys Roofing Company with $250,000 trailing 12-month revenue, having started the business only 6 weeks before the initial meeting. The constraint was focusing on roof replacements while competitors avoided repairs. Levers included pursuing repairs, raising prices from $2,500 to $5,000 average ticket, adding speed upsells, and implementing the mini close script.

Caleb implemented all strategies including systematizing door knocking and the menu close script. Revenue grew from $370,000 to $2 million. Dr. Zad Oasi was eliminated as the lowest growth among remaining contestants.

Hussi Nazir runs Smile Magic Holistic Dentistry with $2.2 million trailing 12-month revenue. The constraint was his father being the only dentist capable of clinical work across three locations. Levers included hiring additional dentists and raising prices given 90% close rates.

Hussi immediately raised prices despite recent increases. The first major case was a $70,000 treatment paid upfront. Revenue grew from $1.73 million to over $4 million run rate in 90 days.

Nas was eliminated as the lowest growth performer among remaining contestants. He expressed gratitude for the clarity gained regarding business direction.

Joey Goon runs Utopia Experience, an event planning company with $1.3 million trailing 12-month revenue. Constraints included ad-hoc pricing, thin margins, and sales team underperforming compared to Joey. Levers included building pricing formulas, restructuring sales roles to focus on appointment setting, and pursuing B2B events and sponsorships.

Joey invested $15,000 in a sponsorship resulting in $670,000 of closed business, with an additional $300,000 closed the morning of the competition. Revenue projection grew from $1.3 million to $4.1 million, excluding $2 million in pipeline. Mim Jeninson was eliminated despite nearly $800,000 in annualized growth.

Round two focuses on deeper roadmap implementation with two additional eliminations. Participants must answer truthfully about execution.

Five specific action items were assigned:

  • Change the offer: Built cost basis quote generator, added price lock guarantee, implemented prepaid and multi-event discounts. Average contract price increased from $44,000 to $200,000 through multi-year contracts.
  • Restructure sales motion: Team now sets appointments for Joey to close. Added events, deployed three VSSLs, implemented same-day quotes, and daily LinkedIn outreach cadence.
  • B2B events: Pursuing speaking engagements as acquisition channel.
  • Content and organic: Building application page with VSSL and working with recruiters.

Close rate improved from 44% to 48% despite 5x price increase. Joey acknowledged 16-hour workdays and family sacrifices required for implementation.

Six core focus areas were assigned:

  • Making repairs the main business engine
  • Raising average repair ticket from $2,500 to $5,000
  • Adding speed upsells
  • Hiring in-house repair technician
  • Keeping offer menu narrow
  • Systematizing door knocking process

Caleb reports that hiring a repair tech has unlocked his door-to-door sales capacity, allowing him to sell more while completing tasks faster. The VSSL project remains in progress. He is recruiting two to three salespeople with a million or more in prior production and has a new team member starting Wednesday. His average employee age is 40, and he attracts experienced candidates through demonstrated dedication.

People want to work for somebody that they trust with their future and I have employees that'll work at 7:30 8 9 still texting me because they understand that I'm still up and I'm still making this happen with every fiber of my being.

Caleb acknowledges he has been juggling multiple action steps and prioritized some over others. He is still working on implementing the membership offering, particularly figuring out the scripting for full replacement pitches. The most difficult aspect has been giving up control and trusting team members to execute tasks, though they have proven capable.

Tina restructured her pricing from a $150 option to a $2,500 six-month package, moving the upsell from the end of twelve months to the middle of three months. This single change has generated significant revenue, with Alex noting that the offer structure has made him approximately $50 million across his businesses.

Tina built an AI dashboard allowing her team to work outside messaging platforms, completely exiting Telegram. She also created nine additional business tools inspired by the coaching. For content, her team is publishing 60 pieces of new content, slightly below target, with plans to capture and distribute Q&A for the content library.

Tina more money you make means more impact

Tina describes a major mindset shift from fearing being perceived as money-focused to understanding that greater earnings enable greater impact. She reports collapsing time through the process, achieving outcomes she didn't think possible independently.

Joey hired two dental associates, both prior specialists, which streamlined the transition process. The associates' qualifications exceed his father's on paper, making patient offboarding more credible. While the long sales cycle means implant procedures take about a year, they have already collected cash from the first two visits. Material improvement moved from 2.5:1 to 1.11:1 collection ratio.

Joey reports Google Ads spend remains at $12,000 without needing to increase to the $24,000 target due to current capacity. No VSSLs have been created yet, though service videos exist on the website. The VSSL is positioned as insurance for the $41,000 collection goal and a tool to reduce doctor time from three conversations to two or one.

Joey increased posting frequency to 100 times per day across two accounts on all platforms, inspired by Alex's 700 posts per week example. Before-and-after photography has begun, though after photos are pending for many cases.

The competition moves from eight to four participants, then to two. Round one focused on revenue growth, round two on adherence to build sustainable businesses rather than just fast growth. Tina advances first based on adherence metrics.

Caleb is eliminated despite strong implementation. He shares that seven months prior he was a roofing salesman, and the competition experience has made him significantly more effective as an entrepreneur regardless of the outcome.

Joey advances to the final round. His implementation of hiring two dental associates stands out as a significant single action item. Breaking limiting beliefs with his immigrant father proved particularly challenging.

Both remaining participants started near one million in revenue and each added nearly another million over 90 days. The final round focuses on sales ability, requiring each to pitch why their business deserves the $100,000 investment and year-long mentorship.

Tina emphasizes being the hardest worker and total package with exceptional client results, marketing, sales, and operations experience. She bootstrapped from when her son was a baby, working 8 PM to 2 AM. Her previous business generated over $20 million in commissions teaching coupon strategies. She positions the autism treatment business as life-changing work given rising diagnosis rates and the current lack of hope provided to families.

Tina identifies removing herself from operations and managing her need for control as the primary challenge ahead, taking personally when clients don't achieve results.

Joey presents four buckets: quantitative results with $15,000 investment yielding $670,000 return; qualitative adherence completing every action item; heart demonstrated by leaving a six-figure career after his mother's death to run the family business; and legacy of passing the company to his daughter Sage and her brother. The company pivoted from event planning to virtual production during COVID.

When questioned about buying time back, Joey clarifies this means delegating low-leverage tasks like grocery shopping to focus on higher-value activities, not stepping away from the business. His 12-month goal is reaching $1 million in IBIDA.

The first judge votes for Tina, citing her ability to convert passion into business while expressing concern about Joey's business scalability. The second judge votes for Joey, noting his steady and calculated approach but questioning Tina's preparation given she went out the night before the final pitch. The deciding vote remains pending.

One of the things that was discussed 90 days ago was ensuring technical proficiency and the ability to execute multiple aspects of the business. The history with affiliate marketing has carried over into this business. Technical proficiency enabled the creation of many tools very quickly. The business is already online, eliminating concerns about physical locations. Client delivery ratio has dramatically improved, enabling real scalability. Technical proficiency combined with the scalability of the model is viewed as a major pro.

The judgment of telling the panel about going out the previous night was identified as the bigger mistake rather than the action itself. The pitch could have been significantly more structured. The presenter appeared to be finding their way through the delivery rather than nailing the presentation at this critical moment.

LTV to CAC ratio is really strong, likely among the strongest in the room. The recurring nature of the business is highly valued, with four million books already secured for the next year. The ability to consistently demonstrate year-over-year stacking of the business is a significant advantage. Weathering the COVID storm specifically in the gym industry is appreciated, as the business continued operating even when legally restricted from normal operations. This demonstrates strong commitment to the business.

The business doesn't cash flow as much as preferred and operates at lower margins than would be ideal for investment styles. Both contestants missed addressing what an investor would want in their pitches. Investors seek fast-growing, highly profitable, and defensible businesses, and neither pitch addressed these investor priorities.

The average increase in revenue across all contestants was 2.4x in 90 days, representing nearly two and a half times growth. In absolute terms, contestants added over a million dollars in revenue and over $500,000 in profit within 90 days. A significant factor in this success was having a very clear plan based on their current position.

The scaling roadmap is being offered as a gift, representing one of the most prized possessions. This roadmap was followed by the contestants and was highlighted in their individual episodes, showing exactly where they were positioned and what needed to be done. The roadmap is available for free via the provided link, enabling viewers to potentially achieve similar results in the next 90 days, though results will vary.

Joey is announced as the winner of the $100,000 investment and will be working together for the next year on scaling the business. The winner expressed surprise at winning, noting they almost didn't apply for the show. The advice given is to bet on yourself and spend the money to come out and learn from experienced entrepreneurs who provide significant depth of experience within the community.

The larger message for entrepreneurs watching is that violent commitment to a plan can achieve years' worth of results in 90 days. No matter how challenging the current situation, it is possible to change outcomes in a very short period of time.

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