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In this episode, Devan explains that he made his first million by launching Burn Boot Camp from a parking lot in Charlotte when he and his wife had no money and knew no one. Within two years, the business took off, but Devan immediately reinvested every dollar back into the company to fuel growth. Devan says his last million came recently, noting that the business now produces that level of income in extremely short time frames due to scale. Looking ahead, Devan’s focus is no longer on his own next million. Instead, Devan wants his next million to come through helping franchise partners hit their first million. Devan sees himself as a creator and fire starter rather than an operator, and he believes the real game now is elevating others and making the “million dollar club” part of the Burn Boot Camp culture.
Bullet Points and Highlights:- Devan and his wife launched the business without money or connections.- Burn Boot Camp grew quickly, reaching seven figures within two years.- Devan reinvested all early profits back into the business rather than keeping them.- Devan says the last million came very recently due to the scale of the company.- The business now generates million dollar increments in very short time frames.- Devan believes the first million is the hardest and most important because it creates financial freedom.- Devan identifies as a fire starter and visionary rather than a CEO or operator.- Devan wants his next million to come from helping franchise partners reach their first million.- Devan says the culture of Burn Boot Camp is now shifting toward celebrating franchisees joining the million dollar club.- Devan made the first million by starting Burn Boot Camp in a parking lot in Charlotte at age 24.
Links from the Show and Guest Info and Links:
Seth Bradley’s Links:https://x.com/sethbradleyesqhttps://www.youtube.com/@sethbradleyesqwww.facebook.com/sethbradleyesqhttps://www.threads.com/@sethbradleyesqhttps://www.instagram.com/sethbradleyesq/https://www.linkedin.com/in/sethbradleyesq/https://passiveincomeattorney.com/seth-bradley/https://www.biggerpockets.com/users/sethbradleyesqhttps://medium.com/@sethbradleyesqhttps://www.tiktok.com/@sethbradleyesq?lang=en
Devan Kline's Linkhttps://www.instagram.com/devan.kline/?hl=en&utm_source=chatgpt.comhttps://www.facebook.com/devankline1/?utm_source=chatgpt.comhttps://www.linkedin.com/in/devan-kline-79469949/?utm_source=chatgpt.comhttps://x.com/devankline?lang=en&utm_source=chatgpt.com
