How Do You Build a Business Worth Millions?

by Tim Healy
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Some entrepreneurs wait for the perfect opportunity. Others create it for themselves, even in the middle of a recession.
This week on The Profit Express, I sit down with Rob Mangi. Rob is the founder and former president of Northeast Coverages, a wholesale insurance agency he launched from a basement office in Mineola, New York, during the 2008 financial crisis. Fast forward to 2022, and Rob sold the company in an eight-figure deal.
In this week’s episode, Rob shares the story behind building a business from scratch with little more than hustle, grit, and an unwillingness to accept failure. He discusses the early days of running the company with a crew of neighborhood friends, surviving the uncertainty of the recession, and navigating the pressure of entrepreneurship. Rob also shares how embracing technology years before most of the insurance industry helped Northeast Coverages stand out from the competition.
Download this week’s episode of The Profit Express to learn from Rob how resilience and innovation helped him build a company with enterprise value, and the lessons you can apply to your own business.
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