Today we are going to visit Jed. Jed grew up in the medium-sized town where he started his HVAC business, Black Gold Heating & Cooling, 11 years ago. Just two years ago, Jed broke through the $1 million revenue mark and had a companywide celebration.
Last year, a revenue goal was set for $1.4 million and the company was on pace right through the third quarter. However, on Oct. 20 the financials arrived and - you guessed it - Black Gold lost $78,000.