- Simple Profits, a Bootstrapper Capital publication
- Posts
- Issue #112: What We Do Here & How We Help
Issue #112: What We Do Here & How We Help
New Community Launch | SimpleProfits.io
Welcome to the new subscribers who have joined us on this journey in the past week. If you are new to the newsletter, donβt forget to take advantage of your welcome perks & join the bootstrapper community, where we build in public with our portfolio companies.
π AI Prompt of the Day
Idea Generation for New Products or Services
Prompt: "Generate ten innovative product ideas for the [industry] sector."
What it does: This prompt will ask GPT-4 to brainstorm creative and potentially disruptive product ideas for a specific industry.
Why you would use it: Ideation is a crucial step in product development. Using AI can help to spark new ideas that may not have been considered before.
How to implement it: Simply replace [industry] with your chosen field (e.g., "healthcare", "fintech", "education technology") and input the prompt into GPT-4. Analyze the generated ideas and pick the most promising ones for further development.
π₯SimpleProfits.io Strategies
Unlock the secrets of wedge equity with game-changing strategies and tips that'll transform your business. Are you ready to make smarter decisions and skyrocket your success? Let's go! Welcome to our dynamic community! Here at Bootstrapper Capital, we are fervent believers in the idea that everything has a beginning and where we are right now is just a starting point. Our aspiration is to create an environment where people can grow and prosper. We are a community dedicated to fostering innovation, value, and support for our members. So, let's dive in!
Establishing a Community of Value
We thrive on the principle of 'give, give, give'. Our mission is to create value in a multitude of ways. We aim to give back to our community by providing free resources that are not just beneficial but indispensable for your business journey. Our objective is to create meaningful connections, foster learning, and provide tools that inspire success.
We offer extensive boot camps, designed as structured learning experiences. These programs contain hours upon hours of content, mirroring what competitors might sell for thousands of dollars. But we believe in providing this valuable resource for free. Why? Because we're more interested in building businesses than selling courses. Our business model revolves around doing what we love - building, buying, and selling profit-driven businesses every single day.
Introducing Simple Broker: Your Business Brokerage Ally
To further support this mission, we've built Simple Broker, our business brokerage firm. As a micro private equity firm, we developed Simple Broker to create a unique competitive advantage in the business world. We believe in transparency, and this has led us to build one of the world's largest business brokerage firms, designed to assist those interested in buying or selling a business. We've simplified an otherwise complex industry, making it a win-win for all involved.
Capital Readiness and Building Wedge Equity
For business owners eyeing a capital event or those contemplating selling, we offer an advisory service designed to get your business capital ready. Our unique proposition is building wedge equity, a concept we're fervent in mastering. By focusing on building a better, more valuable business, we aim to secure higher valuations, better investment terms, and larger exit multiples.
We've productized our methods for delivering and unlocking equity in a company, developing a community-first advisory firm. Our model is about reducing barriers to entry, partnering on the upside, and providing a competitive and accessible fee structure.
Access to Performance-Based Capital with Simple Capital
Lastly, we're about providing access to performance-based capital. Whether it's for growing your business or facilitating a partial buyout, our Simple Capital branch can assist. If you're looking to buy a company, we can help you find a suitable business through Simple Broker, and then provide the necessary financing through Simple Capital.
Conclusion: Join Us and Experience the Journey
Our intention is to create an environment that feels like home. A place where you can get comfortable, learn, and once you've familiarised yourself with our way of working, partner with us in some way.
But remember, there's no pressure to commit to anything today. Instead, we invite you to explore our ecosystem, learn from us, and share your own experiences and wins. After all, we're all figuring it out together, and together we can achieve more.
So, welcome to our community. We're excited to have you here and we can't wait to learn, grow, and do something cool together!
100k Subscriber Newsletter Challenge Update:
Partner Spotlights
π₯SimpleBroker.io Spotlights
Listings: Micro-SaaS
Cost: $150k
ARR: $60k
Typical Market Multiple: 4x revenue - $240k
Current Discount Rate: 37.5%
πFree Stuff to Enjoy!
Free Bootcamp to Learn How to Buy/Sell a Business
Free Valuation Workshop to Value Your Business + Build Wedge Equity
π£Share and Connect
Love what you're reading? Spread the joy and share our content with your friends and colleagues. Help our community grow, and stay connected with us on live for even more fantastic content and updates.
Share the Simple Profits Daily Newsletter & Get Rewards β
Thank you for joining us in this issue of the Simple Profits Daily Newsletter! We're committed to making your reading experience unforgettable, and we'd love to hear your thoughts. Feel free to reply to this email with any feedback or suggestions.
Until next time, enjoy the journey to success!