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Back in 2017, Rachel Downey was a new mom with a background in sales and marketing.
An acquaintance asked her to help promote his podcast 🎙 and she took the gig mainly for the flexible hours.
It went well, and Rachel eventually teamed up with that acquaintance to launch a podcast production company called Share Your Genius.
A couple of years later, Rachel dropped out of law school to go full-time on the business. Then, in 2021, they sold the business for “mid-6 figures” 💰
According to a recent profile…
At the time of sale, Share Your Genius was bringing in about $500,000 in annual revenue, serving about 30 clients. They accomplished that with just three full-time employees, including the founder, as well as some contractors.
I love that Rachel started out simply by helping a friend with their new podcast.
Yeah, she had a background in sales and marketing, which surely gave her an edge promoting a podcast. But it’s the type of gig many people wouldn’t get excited about.
And yet it turned into a $500,000 per year business 🤑
So keep an eye out for opportunities to provide simple services to friends and acquaintances.
Never know, it could be the start of something huge 🚀