It wasn't the most glamorous vision of a successful business owner's life: For five years, Sean Boutilier lived above a dry cleaner in Toronto, splitting the rent with his girlfriend at the time. He had sold his home and was living minimally to give himself the cushion he needed to move his studio, Sean Boutilier Academy of Dance, from a rental space into a building of his own.
Today, Boutilier owns two Toronto studios with a combined footprint of 23,000 square feet. Not only has he seen a growth in space and enrollment (to nearly 1,900 dancers), he's also seen an increase in revenue—well into seven figures. "We are making millions in revenue. More than one, more than two, more than three…" he says, adding that the value of his business (his net assets) reaches eight figures.
But his stats aren't something he exactly advertises to his customers.