We caught up with the brilliant and insightful Terry Womack a few weeks ago and have shared our conversation below.
Hi Terry, thanks for joining us today. Can you talk to us about your team building process? How did you recruit and train your team and knowing what you know now would you have done anything differently?
When I first started my business I was solo solo, I didn’t know what I was doing at all. So being a a baby entrepreneur I had to figure out how I was going to promote me and my products so I had to do my very first outsourcing to an independent social media person. I used them to learn about how I can use ad and other marketing tools to help me grow organically. And then I got a coach to help me learn how to properly separate the things that I was doing for myself for my business and my personal avenues from credit to financials.
As always, we appreciate you sharing your insights and we’ve got a few more questions for you, but before we get to all of that can you take a minute to introduce yourself and give our readers some of your back background and context?
Well for those who don’t know me my name is Terry “T.C.” Womack. I prefer T.C. for the most part. I got into fitness in 2018 and really start to grow back into 2019. I started out with virtual training because I really didn’t know what I was doing and I got certified. Then covid came in and messed up everything. While the national lockdown was going on zoom calls became a thing which lead to me and a group of homies to investing into real estate. Taking the profits from that I began to invest monies into other ventures outside of fitness. The Migos said it best I turned pandemic into a bandemic
Can you talk to us about how your funded your business?
I honestly invested my personal savings into my business(I don’t recommend it if you got credit use credit). So most of personal expenses soon became business expenses, I also had some minor investors in my brothers who invested and still do from time to time.
Does your business have multiple or supplementary revenue streams (like a ATM machine at a barbershop, etc)?
I own a couple of other businesses that I have income coming in from trucking and real estate investing. Then I invest with a group of friends into other businesses as well
Contact Info:
- Website: https://linktr.ee/tcwomack1
- Instagram: https://www.instagram.com/thenewkingofsmoke/
- Other: https://btg-ironsanctuary.spiritsale.com