Rand Larsen (@RandBusiness) header
Rand Larsen (@RandBusiness) profile picture

I build peer groups for business owners and sharing our community’s insights here. Hosting SMB/ETA Meetups all around North America

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Joined December 2018
Photo by Rand Larsen (@RandBusiness)Photo by Rand Larsen (@RandBusiness)Photo by Rand Larsen (@RandBusiness)Photo by Rand Larsen (@RandBusiness)Photo by Rand Larsen (@RandBusiness)Photo by Rand Larsen (@RandBusiness)Photo by Rand Larsen (@RandBusiness)Photo by Rand Larsen (@RandBusiness)Photo by Rand Larsen (@RandBusiness)Photo by Rand Larsen (@RandBusiness)
Algorithm updates, Rand update, time for a reintroduction! Howdy, I’m Rand Larsen CEO and owner of @joinscalepath, a peer community of business owners. We’re sitting at ~100 members, ~70% of our community are successful acquisition entrepreneurs, we organize owners into peer groups of owners who share similar revenue sizes, business models, and personalities (Ambitious, wholesome, helpful, smart, and fun). We have peer groups in plumbing/HVAC, B2B local services, home services, holdco owners, manufacturing, and professional services. A quick timeline: 2019: started a business making documentaries about seniors to preserve life stories and legacy for future generations of people’s families. My grandparents all passed away when I was very young and I thought “how amazing would it be if I had a professional documentary made just for them I could watch and learn about who they were.” I made a documentary for both of my parents and then started making them for others. 2020: Covid crushed that business. So I got a landscaping job while I figured out what I was going to do next. 2021: I started learning about “the Silver Tsunami” and explored buying a business as a means to build wealth. Shortly afterwards I met and started working with @wilsoncompanies as an Entrepreneur in Residence, helped him acquire/operate businesses for ~1.5 years in a plumbing/HVAC trades rollup. 2022: I meet a business owner going through massive distress after buying a $20M HVAC business. He had no else to talk to about the challenges of business ownership (can’t talk to employees, W2 friends just don’t “get it”, etc.). So I started building peer groups to solve the loneliness problem so many business owners experience. Did this for free for over a year. Also started a ghostwriting agency, got it to $100,000+ in annual revenue. 2023: I start monetizing the peer groups and building more of them, working on it part time while the agency was my full time job. In October that switched and I went full time building more peer groups and started winding down the agency. 2024: Went on my first “SMB Road Show” or “Rand Run” for those of you who remember. I visited ~15 major cities in the Northeast and Midwest, hosted SMB/ETA meetups in each city, I met hundreds of people doing this and it all happened in ~5 weeks traveling full time. Twice I hosted 3 events in a single week. Tuesday in Detroit, Wednesday in Chicago, Thursday in Grand Rapids. In July I bought a campervan so I could travel more and experience van life. In total I’ve hosted nearly 50 events with >1,000 people attending across the country and met some amazing people and friends. 2025: Acquired Scalepath from @girdley and rebranded the business around their branding. In our community primarily made up of holdco owners and successful ETAers, I finally did my first acquisition! Also fun this year, we started making entrepreneur trading cards. These are fun gifts meant to celebrate entrepreneurs the same way we do sports stars. People love these things! Also, I was featured in the New York Times, which made my parents super proud of me. 2026: We’re still only halfway through, but I’m having a ton of fun, we’re making more entrepreneur trading cards, planning more events, building more peer groups, working with amazing people. It’s not all sunshine and rainbows but there’s certainly a lot of it. Follow me here for: - Anonymized stories of what business owners actually go through - Tactics and strategies I hear about that are genuinely great but never talked about publicly - Patterns I notice across hundreds of peer group conversations
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"Always be closing" might be the shittiest advice for anyone selling in a long, relationship-driven sales cycle. Whole philosophy seems outdated.
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Rand Larsen retweeted
Yup small business is hard. From @RandBusiness recent newsletter
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By the way, if you’re a business owner in NYC or Dallas we’re hosting a couple events in both cities very soon! DM me for info
Mark shows up with the sauce every conversation we have, in his group or just catching up If you want to go fast, go alone If you want to go far, go together
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Mark shows up with the sauce every conversation we have, in his group or just catching up If you want to go fast, go alone If you want to go far, go together
Heavily recommend joining a peer group if you’re not in one I got a ton of amazing feedback last week from one of my groups in @joinScalepath @RandBusiness
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“Have your AI talk to my AI” is going to be an increasingly common phrase in the coming years Needs a better word than “AI” though Agent? Bot? Need something easier to say
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Never ever ever take on MCAs Ever
If you are considering or recently took MCA money I will do a free 90 minute call w you to find an alternative strategy. Josh is 1000% correct these are destructive
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Just returned a sweater to Old Navy, it was too small Friendly girl at the counter is giving me a refund, $26.68 She says “anything else I can do for you?” I say “can you make it $30.” She says yes and starts giving me more money to my card. I say “no please stop.” Honestly I was really surprised. There was literally no good reason for me to ask for extra money. Should’ve asked for $1,000,000.
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That was a joke when I asked for $30 by the way. Apparently far too reasonable of a number
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I’ve heard 3 people tell me that Grok @bot is integrating deeply in their business and personal lives and that it’s absolutely amazing. If anyone’s using it, I’d be curious to hear what it’s doing for you that’s better/different that other LLMs
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Hey @markedlercpa why didnt you tell me you were doing YouTube now? Breaking my heart ❤️‍🩹
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ENTREPRENEUR TRADING CARDS ARE IN: Super excited for this series 194 individual designs, all personalized Getting shipped out all over the country in the coming weeks Commemorating and celebrating the entrepreneurs who acquired businesses in 2025
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Also, I am not married. that picture was taken by an employee. lol.
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Seen and met with a lot of people Michael works with, can confirm this is a pretty amazing role, gives the right person a ton of exposure into entrepreneurship and business
JOB ALERT: I'm hiring a new Chief of Staff. Can you help me spread the word? If you know anyone smart and capable who’s looking, send them my way! (I'd also love any help amplifying this, like liking/replying/etc. to this post!)
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Had a super weird, crazy win this morning. I was added to one of our member’s “In Case of Emergency” documents. Like (god forbid) if he dies or is in a coma. It reads: [Redacted Name] has known Rand about four years. He runs [Redacted Name’s] small business owner peer group and the larger Scalepath peer group organization, and knows nearly everyone in the small business acquisition world. [Redacted Name] highly recommends reaching out to him, he can find the right person to help with almost any topic or problem that comes up.” 4 years ago I was not this person, just a guy getting business owners together. Today and especially this last year, I’m able to be personally helpful to a large group of people. Sorry if this sounds like bragging, this is just a really cool sign of personal achievement and “doing good things” over a long period of time without a clear payoff and through periods of doubt. Which btw, is what most business owners go through. BRB, I’m going to frame this quote and put it on a wall.
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Business owners who have sold your data to these AI lab brokers: I would love to heave a conversation with you I want to get a bunch of anecdotal stories, ask a bunch of questions, and understand how the process works from first hand accounts of owners. Know which brokers pay the most, etc. I’m not sure exactly where this will go, but anytime I’ve gotten a bunch of owners to share information like this, especially early in a hype cycle, it’s usually been highly valued in an unexpected way.
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Has anyone ever cold emailed a prospect and offered to pay them $100 for 30 minutes of their time? I am so, so tempted to try this
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Rand Larsen retweeted
No joke I joined X as my stream of consciousness a year post closing on my deal to help handle the anxiety of biz ownership. Wife told me to eff off w the daily scaries. I also recommend 2 naps a day and building a network of other owners you can meet with in person monthly or call daily. @RandBusiness hosts online meetings with other owners in similar industries which may be worth exploring. teapawt.org/TimFlynnLeary/status/2…
Not enough people talk about the anxiety that comes along with being a business owner. What does everyone do to handle those moments?
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Rand Larsen retweeted
Please share. If you own a small business along the Gulf Coast in Florida or Alabama impacted by Hurricane Isaias, @smblawgroup is standing by to provide free legal guidance on SBA disaster assistance programs. DM me. We’ll help you understand your options and next steps.
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When you walk into an acquisition, it’s SIGNIFICANTLY helpful if you already understand the business/industry to a degree. You can totally go out and buy something you have no experience in, many acquirers have done it successfully. But your learning curve is cut down considerably when you walk in with underlying knowledge of how to improve the business or notice when something is wrong.
So you spent 2 decades in finance (banking and hedge funds) and left to buy a small business? Interesting. You must have had a real thesis buying a manufacturing business with personally guaranteed debt despite no experience. Can you walk me through your thesis?
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I know everyone hates project based businesses but you can absolutely make a lot of money owning them.
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