There is a proven playbook to grow companies.
What tools to use, agencies to hire, strategies to employ.
Well here is my exact 12 step plan and my exact strategy for supercharging a business:
#1
- New logo with 99 designs. It costs $299 and is good enough for me.
#2
- New…
The most selfish thing you can do is plan an international wedding.
Putting your 84 year old grandma on a 14 hour flight and making your family burn 6 vacation days and 2 months pay to see you get married is a vibe.
BREAKING:
Musk is now running Twitter with less than 50 key employees, down for 7,500 at its peak.
“Everything is normal, we may be profitable soon.” He says.
My high school girlfriend dumped me because I was mowing lawns and found another guy who got a job at Abercrombie.
I made about 10x the money he did back then.
They went on to get married. He went on to found a hedge fund & makes 5x the money I do now.
She made the right call.
I’ve gotten a lot of bad advice in my career and I see even more of it here on Twitter.
Time for a stiff drink and some truth you probably dont want to hear.
👇👇
18 yr old who has never earned $1 and doesn’t know how to do their own laundry:
Bank: here’s a $200k loan to attend Emerson, die your hair and study gender.
25 yr old trade school grad, makes $150 an hr, wants to buy a equipment for his plumbing co:
Bank: too risky. Declined.
Caitlin Clark about to get PAID!
(like an accounting major who graduated with straight Bs from Lehigh working a job for a mid sized company in Cincinnati)
I took an Uber Black SUV recently.
$400 for a 70 minute ride. He received $290.
The driver was a Nigerian immigrant who came to America 18 months ago.
He leases 3 brand new Suburbans and has 5 full time drivers all over Atlanta.
He said he earned $20k last month.
Inspiring.
A mortgage payment doesn't go up for 30 years.
My parents still pay $420 a mo on a 200 acre farm + house they bought in 1998.
Rent goes up 5%+ per year. Compound that over 30 years and its 4.5x higher.
People who argue that renting is better are simply wrong.
I arrived at ATL airport recently and made my 5 year old navigate us to our gate.
He had to walk up to airport employees, hand them his boarding pass, and ask for directions.
A little crying, shyness, etc but we made it to the gate without much of my help!
Sports betting is a pandemic.
Sad deal.
Grown men wasting a ton of money and the companies pouring hundreds of millions into advertising.
If you’re betting, please stop.
Nothing to gain. Even if you do it a little bit.
Just stop!
Americans are productive AF.
But there isn't much community.
No after-work meetups at the pub. No popping over to neighbors houses unannounced. No kids playing with other kids and group dinners several nights / wk.
And I think thats why most Americans are miserable.
My friend just closed a big business deal that I sent his way.
He gave me this bottle of whiskey at closing that I had never heard of before.
I think I like it. Thoughts?
I was talking to a guy recently who spent 5 years at a big prestigious law firm.
One of the top firms in the world working litigation.
He laid down 80 hour weeks for years and was making damn near $900k as a 32 year old.
He got assigned a case in another city when his wife was…
We sent an offer to a key employee at one of my companies 8+ months ago.
The employee declined the offer at the last second because his employer offered him more money. We were pissed and my team was upset.
Then early the next week he came back saying he messed up and asked for…
There are only 3 levels of wealth:
1) you can pay your bills and your rent without stress
2) you can eat at any restaurant without looking or worrying about the price
3) you can travel wherever you want without worrying about the price
Beyond this, life doesn’t change with…
Entrepreneurship culture in America is all messed up and it’s a shame.
TechCrunch. Product Hunt. Shark Tank.
It’s all about new ideas. Changing the world. Innovation. 0 to 1. Blue ocean. Venture capital and exits and scalability.
And IT’S ALL A LIE.
If you ask the average…
All my dad friends with 10-18 year old sons can’t get them to do anything with them.
Want to go camping? Nope.
Want to go on a hike? Nope.
Want to ride bikes? Nope.
Want a girlfriend? Nope.
Want to get your license? Nope.
They’re all addicted to video games.
I did a consulting call today with a 33 year old guy who makes $150k a year at a fully remote job.
30-40 hrs a week. 2 kids + wife.
This is a really tough spot to be in.
Makes $2k a month more than he spends every month.
Zero chance at long term wealth but too easy and…
Santa Claus is big business.
I met a guy who retired from an electrical union early. Said he makes $100k from December 1st to December 25th.
Malls, country clubs, private events.
Spends the rest of the year fly fishing in Colorado.
Money isn’t your most valuable asset.
Time is much more important and unlike money you can never get it back.
Use it wisely and cut people out who waste it.
Starting a business isn’t right for everyone.
95% of folks are better off getting a job.
It’s hard AF. Decisions are critical and plentiful. Risk is for real. Stress can be crippling. Delegation can be impossible for poor communicators.
Most folks don’t have what it takes.
Too many folks set the bar way too high with entrepreneurship. The next million dollar company. The next sexy startup.
Forget all that.
Build something that pays you $250k a year and requires only a few hours of your time per week to make it happen.
College isn’t worthless for everyone.
All of the successful folks who tell you college is worthless went to college.
What does that tell you?
It’s not about the learning, though.
It’s about growing and learning how to sell yourself and your ideas.
Chasing your passion is a bad idea.
And it’s the best way to end in heartbreak IMO.
If you’re passionate about it so are other people. It’ll be competitive AF.
You’re more likely to make emotional (and bad) decisions.
Chase opportunity now and your passion later.
I added this deck to one of my rental properties.
I was able to take the rent up from $700 to $1200 per month. The tenant moved out but I rented it quickly at the higher amount.
This is the way you make more cash as a landlord AND make your tenants lives better.
Win win.
A hill I'll die on:
95% of entrepreneurs should forget about technology (a few big fish and a lot of sophisticated fishermen) and focus on small business (small fish everywhere and really crappy fishermen).
A THREAD:
Working hard isn’t going to get you ahead.
A lot of people work hard for 70 hours a week until they die. Why do we glorify that?
Making good decisions and working SMART is much more likely to make you successful.
Friend works at an Amazon distribution center.
Volume down from 75,000 packages a shift to 50,000 or less.
Hiring freeze began last week.
Managers walking around mid shift offering optional vacation time (basically send you home).
A lot of employees standing around.
Software engineers aren’t going to be the leaders of the future.
Folks who can look someone in the eye and build rapport and sell themselves and their ideas will.
Learn to communicate if you want to set yourself apart.
The next generation is severely lacking in this area.
The key to success isn’t intelligence.
It’s sales.
If you can get uncomfortable and put yourself out there you’re half way there.
If you can be compelling and attract others to your way of thinking you’ll win.
LIFE is all about sales.
I don’t get it.
Why are all of the super liberal folks rooting for the folks who would basically execute them for what they believe in?
They’d never want to live under that regime for a second.
I feel so bad for my Jewish friends.
Rule
#1
of getting married:
As soon as a woman gets pregnant she wants to live by her parents.
You can either move the parents to you or move to the parents. It's that simple.
When everyone wants to buy something it’s too late.
When nobody wants to buy something is when the smart money enters the game.
“Be greedy when others are fearful and fearful when others are greedy”
Seinfeld isn’t a show about nothing.
It’s a true story of how people go to NYC and waste years of their lives doing the same stuff over and over again.
Go to work. Go get drinks. Go home to small apartment. Repeat.
Wake up 40 years old with poor health, no family and no kids.
Allowing your children to choose another meal when they don’t like what you’ve served for dinner is a sure-fire way to raise entitled, spoiled, mentally fragile kids.
Changing the world without any money is a fools errand.
You know who really influences the world we live in?
The folks with money.
Make money first, change the world later.
People who are in the Silicon Valley bubble have no idea how much work will be required to build and maintain our physical world over the next 50 years.
The plumbers fixing the toilets at the law firm will be billing more per hr than the attorneys.
You can’t have it all right now.
There is a difference between rich and wealthy.
Rich people buy nice cars they bought with their first check.
Wealthy people buy assets that send them money every month so they can work less.
How to get rich without getting lucky:
Find a way to make $100 an hour doing something simple IN YOUR TOWN.
Do it until you have $10k+ in the bank and you’re too busy to sell new customers.
Hire employee for $25 / hr to do what you do so you can sell new customers.
Repeat.
Building something that can add a little bit of value to millions of people isn’t the way to succeed.
You’re way better off building something that can add a lot more value to a very small subset of the population.
Riches are in the niches.
“I have no idea actually how 7,500 people found something to do in this company. We asked them a bunch of times and they couldn’t really name any specific daily tasks”
(This thread is a joke)
Technology isn’t as far along as the media makes you think it is.
We’re 5+ years away from autonomous vehicles.
Alexa still can’t play the song I want 25% of the time let alone make decisions and “learn”.
Robots fall on their faces when they aren’t on perfectly flat ground.
My brother made $100k in his second full year running a lawn care company.
He works 32 weeks a year, 35 hrs a week. One employee.
His advantage:
Software.
His competitors use fax machines.
He uses a service called Jobber to handle his booking, quotes, and invoicing.
This is what my wife and I spent our free time doing 9 years ago on this day.
I wore holes in 3 pairs of jeans writing 2000+ ads just like this on the streets of Boston.
Marketing budget was $200 in chalk.
It worked. We got 2,000 customers first year and $500k of revenue.
I bought a self storage facility in October 2019 for $472,000.
Today it's worth over $1 million.
Here's how we did it:
The property is 11,450 square feet and has 67 units. When we bought it 51 units were rented and it had $6,130 on the rent roll.
We borrowed $375k from a bank…
How to get smarter very fast:
Interact with smart people here on Twitter who have different world-views than you do.
And let them change your mind on something.
Here are the 30 people you should follow (along with my favorite tweet from each)👇👇
In my opinion:
If you’re 30+ and single you should have one main focus in life:
Find a spouse and have kids.
Ahead of your career, your health, social life, everything.
Having kids and building a life with a great partner is the most rewarding thing in life and nothing else…
Too many folks set the bar way too high with entrepreneurship. The next million dollar company. The next sexy startup.
Forget all that.
Build something that pays you $250k a year and requires only a few hours of your time per week to make it happen.
Entrepreneurship culture in America is all messed up and it’s a shame.
TechCrunch. Product Hunt. Shark Tank.
It’s all about new ideas. Changing the world. Innovation. 0 to 1. Blue ocean. Venture capital and exits and scalability.
And ITS ALL A LIE.
My brother made $100k in profit this year as a 24 year old working 32 weeks (35 hrs a wk).
He does lawn care, weed control and landscaping.
No marketing. Has been profitable since day 1.
But the media overlooks this type of entrepreneurship so you wouldn’t even know it exists.
Many folks would be blown away by the amount of incompetent people in this world who earn great money simply because they aren’t insecure.
You do not need to be smart or spectacular to get rich.
A thread:
The last 3 times I’ve been to Chick-fil-A I’ve seen the same 20 year old kid jogging orders down the drive through line.
Well spoken & clean cut too.
I handed him my business card on Friday.
Turns out he was making $12.70 an hour.
He’ll be starting with us on May 15.
My favorite kind of hippy is the trust fund hippy.
Great grandpa started an oil and gas company on Native American land and set up Harmony with a $40k a month trust.
She went to NYU to study gender and spends 40 hours a week at anti-capitalism rallies and diversity marches.
All of my dumb, unhealthy, broke friends are having a bunch of kids and my smart, healthy, successful friends aren't.
I think humans are evolving backwards right now.
A thread on how real estate investors, developers and operators can make millions a year and pay almost nothing in TAXES by using depreciation, bonus depreciation, and 1031 exchanges.
A thread on how it works:
A thread on how to turn $100 into a lot more:
People are spending a lot of money on their homes right now. Its time to go get some of that money and help out some of these people.
Sound silly? Good.
It really is this simple sometimes.
Lets go 👇
This hot momma and I are about to find out if we’re having a boy or a girl.
We tried for 9 months for this pregnancy and experienced a miscarriage 6 months ago.
Beyond blessed. 🙏🏻
My wife isn’t wired to care as much about money (numbers on a screen in some invisible bank somewhere) as I am.
She could care less when I talk about the size of deals, profit, loss, risk, potential, etc.
She thinks and desires totally different things. She’s wired that way.…
2023 predictions:
1. Real estate -30%
2. Meta +50%
3. EV adoption misses projections big
4. Tesla -50%
5. AAPL, MSFT, GOOGL, AMZN +30%
6. 20+ public growth cos bankrupt
7. Crypto -50%
8. Unemployment north of 6%
9. Inflation back to 2% or less by Sept
10. We buy $75m of storage
A thread on how real estate investors, developers and operators can make millions a year and pay almost nothing in TAXES by using depreciation, bonus depreciation, and 1031 exchanges.
How it works:
If you aren’t rich, every single business you start needs to be cashflow positive within two months.
If it isn’t, go get a job working for somebody who knows how to make money or a rich person with a big idea.
Sounds silly but this is why most people fail. Poor early decisions.
A sad truth:
50% of people are totally incompetent.
Terrible decisions. Unable to take on responsibility and very unreliable.
Another 30% that are nice, try hard and show up but don’t get much done.
The last 20% carry everyone and produce 80% of the output.
Alcohol gets a lot of shit on twitter.
But using it sporadically as a social lubricant has led to massive positive impacts on my life.
I had the courage to walk up to my wife and ask her to dinner...
I think theres a reason why moderate alcohol use and wealth are correlated.
A thread on how real estate investors, developers and operators can make millions a year and pay almost nothing in TAXES by using depreciation, bonus depreciation, and 1031 exchanges.
How it works:
This is what my wife and I spent our free time doing 9 years ago on this day.
I wore holes in 3 pairs of jeans writing 2000+ ads just like this on the streets of boston.
Marketing budget of $200 in chalk.
It worked. We got 2,000 customers first year and $500k of revenue.
I added this deck to one of my rental properties.
I was able to take the rent up from $700 to $1200 per month.
The tenant moved out but I rented it quickly at the higher amount.
This is the way you make more cash as a landlord AND make your tenants lives better.
Win win.
Too many folks set the bar way too high with entrepreneurship. The next million dollar company. The next sexy startup.
Forget all that.
Why isn’t the goal to build something that pays you good $ every year and requires only a few hours of your time per week to make it happen?
Miami isn’t the next tech hub.
It’s surrounded by a swamp.
Construction costs are insane because of hurricane codes. Vacant land doesn’t exist.
Property insurance has risen on average 20% per year for 5 years.
Plus it’s hot AF. Ever been there in July?
As a man, it’s virtually impossible to be in a good marriage if your wife doesn’t have any of her own friends.
If she’s counting on you to provide for the family as well as provide all of her entertainment and mental stimulation it’s an impossible situation.
Encourage her to do…
I often get asked how I’m so productive.
It’s simple.
Spend 30 mins on phone before I get out of bed. 4 cups of coffee before noon. 2 double IPAs after dinner + late night Ubereats / Netflix. 2 hrs of twitter in bed before falling asleep.
Few understand the power of this.
Imagine this:
1. You get home from work at 5:10pm every day.
2. You do not check email after 4:59pm.
3. You do not worry about a single thing until 9:01 am the next morning.
4. Every single stressful problem simply gets passed on to someone else.
5. You’ve never had to fire…