Joining Joe is an entrepreneur who is living the American Dream: Tim T. Mercer, the Managing Partner of Intelibox and the author of the upcoming book and podcast titled “Bootstrapped Millionaire.” Tim talks to Joe about his journey from growing up in one of the poorest parts of the United States to running his own million dollar business.
About Tim T. Mercer:
Timothy Mercer’s success was never a foregone conclusion. He was born in 1970 in Mullins, South Carolina, a small farming town located on the western edge of a region commonly referred to as the “Corridor of Shame.” He lived with his mother, three siblings, grandfather, and his aunt’s family.—three families with two bedrooms, one bathroom, and a pot-belly stove for heat. Their town was famous for poor education, discrimination, a troubled history, and tobacco production. Though for many this town was not a springboard for entrepreneurial success, Timothy can’t help but feel grateful. “At the time, I felt especially ashamed of our lives,” he explains. “But today I view that time as the anchor of my humility and the engine of my ambition.”
That ambition would lead him to join the U.S, Army after high school. Timothy became teletypewriter operator in the telecom department, something he credits with getting his IT career started. After his time in the Army, Timothy decided to take advantage of his GI bill by enrolling in the technology program at a DeVry campus in Atlanta. Eventually, he found work with a software vendor for wireless carriers. However, his employer did not appreciate the work he was doing so Timothy set out on his own as an IT contractor. This was the true start of his entrepreneurial journey and success.
He was billing clients $1,000 per day, receiving $5,000-$10,000 in monthly expenses, and had a bottomless queue of work from various companies. He was doing well enough that he tried to just make a go of it with passive income through his investments. He married his wife in lavish fashion. They owned luxury properties in Atlanta, D.C., and Chicago. Then his investments soured with the markets around 2008. At one point, he had only $1,000 in the bank. Timothy considered his options. Should he look for more overseas work? Even rejoin the military?
Ultimately, his salvation came in the form of a LinkedIn message from a friend. This message led to a drink, which led to Timothy getting back into IT consulting full-time.
In July of 2008, Timothy founded IBOX Global, providing technology solutions, in particular project management and technology management to government agencies and to Fortune 500 corporations. Through his holistic approach, Timothy has seen massive growth. IBOX has accrued over $50 million dollars in revenues since its inception.
Hosted By: Joe Pardavila