17 Aug Acquiring Minds: 3 Years, $80k In: An Honest Update
Not every business story ends in a clear win or loss, and Jesse Sunquist’s is a good example. Three years after buying a Mosquito Joe franchise outside Trenton, New Jersey, Jesse says the business is about the same size as when he acquired it. While it hasn’t achieved the growth he hoped for, it now runs largely without him thanks to a strong GM. With only about $80,000 invested, he earns a mid-five-figure annual distribution while spending just a few hours a week on the business. In this candid update, Jesse reflects on why his business has stalled while others, including fellow owner Neil Finneran, have grown rapidly. Despite falling short of his original ambitions, he has no regrets. The experience sharpened his operating skills, which recently helped him lead operations at a startup that achieved a nine-figure exit.Here is Jesse Sunquist, owner of a Mosquito Joe franchise outside Trenton, New Jersey
