Congratulations to my friends Rich Christiansen and Ron Porter, who have sold their SEO firm, Castlewave and will now proceed to take life easy until the next business-building bug starts to itch.
As all of you know, this business was created with $5,000 to prove the principles in the book. CastleWave indeed was profitable from day one, generated over $1MM the first year at 50% margin and this past year did apx $1.4 MM. We have offices in both NYC and Utah and presently have 23 employees and apx 30 active clients ranging from smaller companies like Bank On Youself to large customers such as OpenTable and IMax.
It's been a lot of fun and quite educational enjoying their friendship and working with a few mutual clients. I can't wait to see the next chapter in their lives unfold!