Podcasts Other Diversified Income Experiment | Passive Income Timeline to Go | Live and Final Update on "Where do Dead Deals Go?"

Timeline to Go | Live and Final Update on "Where do Dead Deals Go?"

Published: Dec. 19, 2019, 11 a.m.

In this episode, we follow up with the Deal from “Where do Dead Deals Go?”, and also talk about the timeline to going live with a business as discussed in the Build vs. Buy Episode. Using our two laundromats as examples, we take you through the timeline and expenses for opening a deal step-by-step, including architecture and engineering, following a ramping plan for the first year, and finally getting it to its income-generating stage. We talk about the causes of some delays in the process and how to anticipate and deal with them.

Wrapping up “Where do Dead Deals Go?” 1:20
Timeline for First Laundromat 4:37
36 Month Process For Generating Income 13:19
Timeline for Second Laundromat 15:36

“And so keep this in mind, because I keep talking about this magic 36 month thing -- It’s a couple years to get stuff built and a year to get it to the point then where it’s operating and generating cash for you, and then you’re into year 4.” 14:14