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- 🕵️♂️ Insurance Fraud Investigative Business $305k/yr!
🕵️♂️ Insurance Fraud Investigative Business $305k/yr!
The Corporate Pivot
January 27, 2025
Welcome Back to The Corporate Pivot!
It’s Monday morning, and you can already hear it. “Living the dream,” says your coworker, sipping lukewarm coffee and staring at another week of spreadsheets.
We get it—breaking out of the corporate grind feels like a pipe dream. But what if it wasn’t? Starting or buying a business could be your way out, and at The Corporate Pivot, we’re here to share the tools, missteps, and wins to help you make the jump.
It’s not for everyone, but neither is pretending you like team-building exercises for the next 40 years. Let’s get started.
Here’s what we have for you today:
Pivot Perspectives: Sam nerds out and builds a tool to automate the boring parts of finding off-market leads, while Tyler strategizes how to expand routes in home services without losing efficiency or his sanity. | Acquisition Alerts:
| Mindset Matters: Vinny talks about his investing mindset, and by investing I of course mean gambling. It’s only gambling if you don’t win, at least that’s what the ads say… |
Cool Business Idea:
What if you could eat a ton of food, judge people’s cooking, and get paid for it? Sounds fun, right? Today, we’re talking about food competition passports—a proven business with big upside and serious community buzz.
Read more below! 🍴🏆
If you haven’t already, go subscribe to this newsletter here!
Confusing Corporate Sayings:
“Take your time with this—it’s not urgent.”
Professional Translation
“They’re giving you flexibility to complete the work.“
Corporate Pivot Translation
“They’ll follow up in 24 hours asking why it’s not done yet.“
Sam’s Perspective (1st Time Buyer)
🆕 Status Update: I’ve built a tool to pull off-market leads and streamline the process of cold-calling businesses in our area. This tool gathers all the data you could ever need—everything from demographic and area-specific insights from the Census Bureau to detailed market information. You simply input the area and type of business you’re targeting, and it generates comprehensive reports, including critical details like listed owner information from public databases.
It’s a huge time-saver compared to manual research and gives Tyler and me the ability to uncover deals that aren’t even on the market yet.
Some standout features include:
A competition scoring system that highlights the strengths and weaknesses of competitors.
Insights into typical sales multiples, helping you gauge if you’re getting a fair deal.
Estimated valuations of the businesses, offering a clearer picture of their worth.
There are still a few bugs to work out, but once polished, this tool will be a powerful resource—not just for us, but for anyone looking to explore off-market opportunities.
Tyler’s Perspective (Experienced Buyer)
🆕 Status Update: Usually, I try to discuss new leads we’re focused on, but this week brought an interesting development with one of our existing businesses. This business operates in the home services industry (making it a route-based business), and I was notified that the operator is willing to take on more routes.
At first glance, adding more routes seems like an obvious win—higher revenue and many of the expenses are fixed. However, it’s not as simple as it seems. Over the past year, we worked hard to tighten our geographic service radius, which significantly improved our efficiency in terms of both time and expenses.
The challenge now is finding additional routes that fit within our existing service area to maintain that tight geographic focus. While we can purchase a few routes that clearly align with our current service area, acquiring a larger number of routes all at once will be more difficult. Unfortunately, there are currently no routes for sale that meet our criteria—but stay tuned.
💰 Deals < $500k 💰
Business Name: Paver Sealing and Pressure Washing Business
Revenue: $380,000
Asking Price: $220,000
Profit: $160,000 (Profit Margin = 42%)
Location: Clermont, FL (Lake County)
Established: 1983
✅ Pros:
Established Reputation: A 42-year presence in the industry ensures a solid reputation and trust among a loyal customer base, reducing customer acquisition costs.
Recurring Revenue Streams: Strong repeat business from existing clients provides stability and predictable cash flow.
⚠️ Cons:
Limited Employee Base: The reliance on only two 1099 contractors could pose operational risks if one decides to leave, impacting business continuity.
📈 Growth Opportunities:
Expanded Service Offerings: Adding services like gutter cleaning, solar panel cleaning, or epoxy garage floor coatings could increase revenue streams.
Digital Marketing Expansion: Leveraging social media and local SEO could attract new customers and improve geographic reach beyond Clermont.
💰💰 Deals $500k - $2m 💰💰
Business Name: Insurance Fraud Investigative Business
Revenue: $515,616
Asking Price: $725,000
Profit: $305,000 (Profit Margin = 59%)
Location: Lee County, FL
Established: 1994
✅ Pros:
Proprietary Case Management Software: The custom-developed system streamlines operations, creating a scalable and efficient workflow.
Industry Leader: A 40-year reputation as an innovator in the insurance defense sector gives the business a significant edge over competitors.
⚠️ Cons:
High Dependence on Clientele: Heavy reliance on repeat business from a few key clients could be risky if relationships are not actively maintained or diversified.
📈 Growth Opportunities:
Geographic Expansion: Leveraging the current remote, statewide workforce to establish a national presence could significantly grow revenues.
Digital Marketing & SEO: Enhancing their online presence through SEO or targeted advertising could attract new clients in untapped markets.
💰💰💰 Deals $2m-$10m 💰💰💰
Business Name: Concrete Cutting and Core Drilling Business
Revenue: $2,400,000
Asking Price: $4,000,000
Profit: $850,000 (Profit Margin = 35%)
Location: Southern U.S.
Established: N/A
✅ Pros:
Skilled Employee Base: The long-tenured and loyal staff ensures operational consistency and minimizes training costs.
Cutting-Edge Technology: Investments in newer equipment and streamlined dispatch systems enhance efficiency and customer satisfaction.
⚠️ Cons:
High Initial Investment: The $4M asking price, coupled with potential real estate costs, creates a high barrier to entry for smaller investors.
📈 Growth Opportunities:
Service Expansion: Adding related services like large-scale concrete repairs or demolition could diversify offerings and increase profitability.
Strategic Partnerships: Building relationships with general contractors and large developers could drive consistent, high-value contracts.
LEADING UP TO THE SUPERBOWL
Well shit... boys I was on a hot streak. I won 2 straight bets, I was 2 for my last 10. I know they aren't hall of fame numbers, but I could definitely get a minor league contract with that batting average (.200 for those of you that suck at math).
Well, I got too confident... didn't write last week... lost my bets this week. So, if you're connecting the dots, that means I'm gonna win this coming week!
Stay tuned as we revamp this section with funny corporate scenarios and unique (borderline crazy) ideas to help change the way you think.
Read more at corppivot.com!
💡 Cool Business Idea:🍕The $20 Food Challenge Passport
A few weekends ago, I attended a clam chowder competition downtown, and it was so simple yet brilliant that I couldn’t stop thinking about it. For $20, we got a “passport” that let us sample chowders from local restaurants, vote on our favorite, and discover places we’d never been before. It wasn’t just chowder, either—these events happen all year: cookies at Christmas, BBQ in the summer, sliders, tacos. Restaurants proudly display their awards, attendees love being “judges,” and the organizer? They’re cashing in.
This kind of event isn’t just fun; it’s a proven business model. Restaurants provide the food and supplies (because the exposure is worth it to them), attendees pay for the experience, and all you, the organizer, need to handle is printing passports, marketing the event, and setting up voting. With minimal startup costs, high margins, and endless opportunities to scale, this is the kind of business that makes you wonder: Why isn’t everyone doing this?
How It Works
Attendees: Purchase a $20–$25 passport, which includes a map and voting instructions.
Restaurants: Provide small samples of their dish (e.g., chowder, cookies, BBQ) for advertising and exposure.
Voting: Attendees vote on their favorite dishes, and the winners receive an award they can showcase to attract new customers.
Revenue Streams:
Ticket Sales: The primary source of revenue.
Sponsorships: Local businesses pay to have their logos featured or to sponsor specific parts of the event.
Vendor Fees: Restaurants pay a small fee to participate (~$100 each).
Startup Costs (One-Time)
Item | Cost |
|---|---|
Website & Ticketing Setup | $500 |
Liability Insurance | $500 |
Permit Fees | $500 |
Marketing Materials (Logo, Social Media Graphics) | $500 |
Miscellaneous | $500 |
Total Startup Costs | $2,500 |
Event Costs (Per Event)
Item | Cost |
|---|---|
Passport Printing (Map, Signature Lines) | $300 |
Marketing (Social Ads, Flyers) | $700 |
Staff/Volunteers | $500 |
Permits/Insurance | $500 |
Miscellaneous (e.g., signage) | $300 |
Total Per Event Costs | $2,300 |
Revenue Projections
Scenario | Attendees/Event | Revenue (Passports) | Vendor Fees (15 @ $100) | Sponsorships | Total Revenue | Profit/Event |
|---|---|---|---|---|---|---|
Bad | 300 | $7,500 | $1,500 | $1,000 | $10,000 | $7,700 |
Good | 500 | $12,500 | $1,500 | $1,500 | $15,500 | $13,200 |
Great | 750 | $18,750 | $1,500 | $2,000 | $22,250 | $19,950 |
Yearly Projections (6 Events Per Year)
Scenario | Total Revenue | Total Profit |
|---|---|---|
Bad | $60,000 | $46,200 |
Good | $93,000 | $79,200 |
Great | $133,500 | $119,700 |
Why This Works
Low Costs: Restaurants cover the food, so your main expenses are passports, marketing, and minimal event staffing.
High Demand: People love trying new foods, being part of the voting process, and supporting local businesses.
Proven Model: These events already work—cookie walks, BBQ throwdowns, chowder tastings—they all bring foot traffic and excitement.
Scalable: Start small with one town, then expand to new themes (e.g., Best Tacos, Best Burgers) or other cities.
First Steps to Get Started
Build Relationships: Partner with 10–15 local restaurants and secure sponsors.
Secure Permits: Ensure you have the necessary permissions for street or venue usage.
Design Passports: Keep them simple with a map, signature lines, and a QR code for voting.
Market the Event: Use local social media groups, influencers, and flyers to drive ticket sales.
Host and Grow: Use the success of the first event to build momentum for future ones.
With just six events a year, this business could bring in anywhere from $46,000 to $120,000 in profit while building excitement in your community. It’s low-risk, scalable, and just plain fun. The only question is: When are you starting?
Corporate Memes: Click below to play the video on our Instagram account! |
Hope you enjoy this week's insights and happy deal hunting! Remember, if you find these updates helpful, share this newsletter with a friend!
🛠 USEFUL TOOLS 🛠
If you made it this far then your attention span is better than most. If you want some useful tools, tips, and tricks you can find them all on the website here!
