Marshall Terrin is not your average US Marine. After serving in Ramadi, Iraq in 2007, he returned to the United States. He had a natural affinity for entrepreneurship and started in the specialty retail industry. By 26, he owned his first 7 figure business located in Kansas and North Carolina. Currently, he has helped grow 5 companies to break the 7 figure mark.
“The first thing I focus is the gross margin of the product, economies of scale, and any overhead expenses that can be automated with the help of software and/or virtual assistants. I can read a lot about a business’ potential by looking at these important aspects.”
“Next, I look at the sales process. Sales reps and their processes are one of the pivotal pieces to a successful business that I feel is neglecting more and more over time in our society.”
“Competitors are necessary to review because you need to see what you are up against. Are they providing a better customer experience? Getting on TV more? Have an advantage due to less overhead? By examining your competitors, you can gauge what marketing trends are working and see who’s barely treading water.”
Marshall Terrin is the President/CEO of Elevated Ventures, Inc which runs Vetpreneur Tribe, a 16k member online veteran entrepreneur resource group.
“As I have reached a freedom of schedule and income so early in my life, I find it very rewarding to help other veterans work toward their dreams." - Marshall Terrin
Marshall Terrin IG: @MarshallTerrin
Vetpreneur Tribe Facebook Group: Join Here