After the tech bubble collapsed in 2000, Sheldon Wolitski’s company went 6 months with zero revenue. Then he got a call from his lender saying they were foreclosing on his house. Suddenly, something clicked. Sheldon started making a few changes, grabbed $12,000 from an unused credit card, and within nine years, grew his professional staffing company from $0 to $10 million in revenue. But wait, there’s more. In the past five years, his business exploded to $110 million in revenue. In today’s podcast, he shares his amazing story and the key business insights that led to this dramatic turnaround.
Sometimes the best opportunities are right under your nose. Steve McLeod became a firefighter in at age 19. After responding to a wide variety of emergencies including house fires, vehicle accidents, rescues, explosions, and mining disasters, he realized there was a woeful lack of training in how to prevent and respond to disasters, particularly in the mining and oil and gas industries. So, at age 23, he started offering training programs to companies on his days off from being a firefighter. Once he hit a million dollars in revenue, he quit his firefighter job, got serious about building a company, and today, Fire and Safety Australia is fast-growing, multi-million dollar company that is “forever changing safety in the world, one experience at a time.”