lystn

Getting Sting and the CEO of Goldman Sachs to trust your business with their dogs is a pretty positive indicator. When the Great Recession hit in 2008, Mike Lavora and Adam Light were working on Wall Street. Within 12 months after being forced to leave their jobs, they were doing six figures in revenue with their new dog walking business. What started as a simple services company has now grown to 45 employees, and 7 locations across New York City. Turns out the market for pet care services in a place like New York is massive. There's an estimated 1 pet for every 4 households, and the team at Throw Me A Bone is just getting started even though they now service 200 pets a day. In this episode we discuss how Mike and Adam came up with their idea after Mike visited a pet care facility in the West Village, and was placed on a three month waiting list for his dog. We also discuss how they decided to approach the market to drastically reduce the capital they needed to create their business. Within a week of operation they had their first customer, and the momentum never stopped. Soon the pair knew they would never have to go back to their finance jobs. We also uncover how the two started to scale their business, seizing every major opportunity and partnership they came across along the way. After a decade, what was originally a lifestyle business is now becoming a quickly growing operation that has the opportunity for massive scale.Music source:ZitronSound - Lonely CowboyWild West by ZitronSound http://bit.ly/2nXGy9WCreative Commons — CC BY-ND 3.0 https://goo.gl/QHshNa See acast.com/privacy for privacy and opt-out information.