How do you actually start a 10/10 business?
In part one of this four-part series, Michelle runs a live experiment of building a brand new local business from scratch, so you can follow every decision in real time. She uses the example of a senior concierge service; a relationship-based support business that helps older adults stay independent while giving their families peace of mind. Michelle breaks down exactly what this business does, what it doesn't do, and why she believes the timing makes it one of the most compelling local business opportunities available right now.
But this episode isn't really about senior concierge services. It's about the framework behind building any well-designed business. Using her Rascal Business Score, Michelle walks through eight critical criteria every business idea should be evaluated against before any money is spent. This practical check will tell you whether what you're building is actually set up to give you the freedom you’re looking for.
Chapters[Start] Build a Business, Not a Job: Michelle sets up the series by sharing her own mistake of building a business and introduces the senior concierge concept.
02:45 The Senior Concierge Business: A breakdown of services, pricing packages, and who the real customer is in this business model.
11:06 The Rascal Business Score: Michelle's scoring system for businesses that utilizes eight categories to measure its potential.
23:04 Startup Costs the Simple Way: How to budget for building a business and make decisions that won’t break the bank.
38:16 Rascal Wrap-Up: Key takeaways, a challenge to score your own business idea, and a preview of episode two.
Links & ResourcesLean Sales Team BuildoutReady to build a sales team that can scale without you? Michelle’s Lean Sales Team Buildout™ helps founders build their first sales team, exit the sales seat, or fix an underperforming team. We use AI to eliminate low-value sales work, build the right sales operating system, and put fewer, better humans in the right seats.
Learn more and book a discovery call at revenuerascals.com/scalelean.
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www.revenuerascals.com/ghlConnect with Michelle:Disclaimer: Some episodes of Revenue Rascals may include paid sponsorships or affiliate partnerships. We only feature brands, products, or services that align with our values and are relevant to helping founders, revenue leaders, and entrepreneurs grow. Sponsorships help support the show—opinions shared are always our own. Michelle Terpstra's Privacy Policy