Thomas Ince
@thomasince
Followers
14K
Following
3K
Media
323
Statuses
4K
Entrepreneur turned Investor @lpfirstcapital
Austin TX
Joined June 2011
Data Center sectors, along with market leaders. Are there any good SMB Data Center thesis ideas for Searchers, entrepreneurs, or independent sponsors here? Any thoughts?
30
5
118
A sponsor giving advice to management
Extraordinary video. Too many extraordinary things to count. Most won't understand
1
0
4
It's DAY 16 of the Schumer Shutdown. It's time for Senate Democrats to stop holding the government hostage. Take it from @Jim_Banks👇
5
7
17
High agency 🚀
0
0
7
SMBx, Any advice on a consultant or consultants to use here? Looking for a consultant who can come into a business and help with two different things. It could be two different consultants. It's for a service company, and I will mention the name after we talk. 1. Help out
7
1
14
Big congrats to the team at LP First on making the Inc. 5000 list. 2nd year in a row we made the list. Real credit goes to the team members at our portfolio companies along with our investors. https://t.co/LyHTY0Rw2O
inc.com
LP First Capital: A private investment firm focused on commercial, consumer, education, and health care services.
1
3
8
When assets are expensive, create assets!
@STLChrisH That’s what it SHOULD be, but in reality, it’s not what seller expectations are today. Assuming everything is middle of road and standard, here are the multiples I see…. <$500k — 5-6x $500-1m — 5-7.5x $1-2m — 6-10x $2-4m — 7.5-11x $4-10m — 12-15x $10m+ — pointless None
3
3
28
Great post
Roper Technologies is a serial acquirer that outperformed Berkshire Hathaway over 20+ years by buying software so boring that customers forget they pay for it. Here's how $ROP built its own version of Constellation Software's playbook:
1
0
18
I sat alone in a field And thought about what I might build But some tools were lacking My work on character was slacking Before I can tend to the flowers I must acknowledge higher powers I bow and whisper a solemn oath ...to pursue new growth
9
9
62
This was done at a @lpfirstcapital platform....@FastestLabs ....right near my house ..small world
4
0
31
Think in abundancy and not scarcity. If you give the team a stake in the outcome, make business a game, you get more people rowing in the right direction. Ownership Works, link to that organization below
KKR paid $175K to factory workers. Made 10x on garage doors. Boring business. Billion-dollar exit. Thread
4
0
24
High Agency in action Every successful organization has some people like this. Identify them, reward them, keep them. SOPs and systems scale to a point but the glue is A players. https://t.co/NpZ2IDb7wN via @YouTube
3
1
7
One of the best books that have helped me in the business I founded along with my investing career is "The Great Game of Business". I just read it once , but then a light bulb went off. I highly recommend it. Would it be fun to watch a football game without a score. Is it
5
1
15
Your AI experience should be smooth and fluid. Many LLM's, unlimited potential, one platform. This is what we are making possible.
4
9
20
It’s not the trades that made Buffett great, it was the structure. iykyk Amazing structure he set up
"Other than a few, large, generationally-good trades & the guts to stick it out through market cycles, what did Buffett really do well?"
3
0
15
Extreme Ownership for marketing👇 Can make or break a business and at times its something you can't delegate. If you delegate and there is a fumble, take back the reins and figure it out.
No one can lower your CAC but you. When they ask you to hire them to lower your CAC, your CAC goes up even higher. The CMO will increase your CAC. The consultant will increase your CAC. The agency will increase your CAC. To lower your CAC, you must teach yourself to
0
0
10
This is a great anology if your thinking about buying your first business.
Culturally, buying a small business is now squarely in the same category as flipping houses, multi-level marketing, and crypto. Portrayed as a secret shortcut that will make you rich because you're smart enough to know it. If you're serious about buying a small business, you
0
0
4
Good post, seems like there are more buyers nowadays but not really more sellers.
Is there really a gray wave, what does the supply-side of acquirable SMBs really look like? Let's look at some actual stats we have access to. How many SBA-funded business acquisitions close each year? For the last 6 years (that's how long we've been able to break-out SBA
2
1
20
Highlights by Ballbandars of our recent Agnes Irwin High School win over Notre Dame. @ballbandars @PrepSoccer
0
0
2