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Tim

@timgedenk

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By all means, accelerate. https://t.co/gnmQu4nBvS

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Joined July 2022
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@timgedenk
Tim
6 days
I wish I could put into words how bad it is... I schedule one call, and end up with three through word of mouth. Never thought I would manage to get an operational infrastructure service over-subscribed.
@TylerBevacqua
Tyler | Operations Advisor
6 days
We launched a program for smaller companies ($18M and $150M in annual revenue) to a small circle of people at the beginning of the week. Focused on the non-traditional, so online business space. Demand through the fucking roof. My business partner is stuck in meetings all day
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@timgedenk
Tim
10 days
> You start having an immense unsolvable pain in your life > Depending on previous experiences you either dull it with drugs or work > You dull it with work, but the work will results in bigger and more painful pain > The pain can only be dulled with more work > You get to the
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@TylerBevacqua
Tyler | Operations Advisor
12 days
On average you lose: ~20–30% potential value because of messy books. Ambiguity is expensive. You likely run on cash basis, but the market values accrual. You must switch to GAAP standards immediately so the buyer can mathematically verify that the company works. ~15–25%
@timgedenk
Tim
17 days
When you exit your company, please hire somebody beforehand to optimise it. So many unexperienced founders sell at a much lower multiple than they should be and leave millions on the table.
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@ibs_inc_
Intelligent Bio Solutions (NASDAQ: $INBS)
1 month
Pioneering Pain-free Solutions. Intelligent Bio Solutions is on a mission to redefine testing and deliver pain-free, accessible solutions that drive transformative change and improve the quality of life. Follow us to learn more.
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@timgedenk
Tim
14 days
All in, all out. Most entrepreneurs operate under the illusion that hedging their bets reduces risk. They keep a failing product line alive "just in case". They maintain a mediocre marketing channel because it brings in a trickle of leads. They keep a B-player employee because
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@timgedenk
Tim
14 days
A friend's right hand guy has lost his parents when he was a teenager. Lost his fiancee to cancer. Got shot twice. Survived a helicopter crash. Has been kidnapped. And numerous other accidents, betrayals, and tragedies. There are people like this - people who keep and keep
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@timgedenk
Tim
16 days
The Beauty of Contradictions In the boardrooms of the F500 or the war rooms of Silicon Valley, consistency is often heralded as the ultimate virtue. We are taught that logic is linear. A leads to B, which inevitably leads to C. But reality - and certainly the market - is not
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@timgedenk
Tim
17 days
The death of the average. We are currently witnessing the total collapse of the marginal cost of creation. Copywriting, design, video editing - skills that previously commanded a premium due to the barrier of technical execution are being democratised to the point of
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@timgedenk
Tim
17 days
When you exit your company, please hire somebody beforehand to optimise it. So many unexperienced founders sell at a much lower multiple than they should be and leave millions on the table.
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@timgedenk
Tim
20 days
How Multi-Million Dollar Deals Are Done: On X & social in general, "high-ticket sales" has become quite popular lately due to the info/education industry (where low-ticket is the entry level offer used to get people in the door, and high-ticket is the upsell). Because of that
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@timgedenk
Tim
25 days
Hyperscaling a DTC brand using negative working capital: Hyperscaling a DTC brand is incomprehensibly difficult. Even once you have clear PMF, strong contribution margins, and a validated acquisition channel. Many in this space harbour beliefs that if the unit economics are
@timgedenk
Tim
25 days
High margins are useless if you are cash poor. The only way to hyperscale without debt is through negative working capital. You essentially force the market to finance your expansion at 0% interest. Collect the revenue weeks before the cost of delivery hits your account, use
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@timgedenk
Tim
25 days
High margins are useless if you are cash poor. The only way to hyperscale without debt is through negative working capital. You essentially force the market to finance your expansion at 0% interest. Collect the revenue weeks before the cost of delivery hits your account, use
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@timgedenk
Tim
25 days
Most of business is just labor arbitrage. You are exploiting the pricing inefficiency between what talent costs and what the market pays for the outcome. If you view the service as "work" rather than a tradable asset, you have already lost. Identify demand -> acquire the supply
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@timgedenk
Tim
26 days
When I realised that you can simply do things. Everything becomes achievable when you just do things. Elon does it and started catching sky scraper sized rockets that move at 10x the speed of a bullet. You can really just do things.
@canvardar
Can Vardar
29 days
what was the moment when this happened in your life?
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@timgedenk
Tim
27 days
Something I didn't know back when I posted this is how many non-profits are just a scam and have nothing to do with the cause they advocate for. I talked to someone who runs a government-funded non-profit today, and they have been involved in venture capital and have now
@timgedenk
Tim
6 months
The best fundraisers in the world are the ones who did real fundraising for real non-profits. If they convinced people to give them money for literally nothing in return, they can definitely convince people to give them money to (maybe) get more money back.
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@timgedenk
Tim
27 days
"[The most passive aggressive email in the world, absolutely ripping them apart] Much love" It's the small things in life.
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@timgedenk
Tim
27 days
Tyler always manages to record while there is a hurricane, it's truly incredible. Never misses when it comes to hiring, always misses when it comes to weather.
@TylerBevacqua
Tyler | Operations Advisor
28 days
made a video on why it's a fucking steal to hire somebody at this level. $10M/yr role placed soon...
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@timgedenk
Tim
27 days
Nobody really is in London anymore. Startup people have left long ago, fintech, PE, and some others stayed, but during the past year even they left. Everyone goes occasionally, but barely anyone is still based there. Not a good sign for the UK but also generally annoying bc
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@timgedenk
Tim
29 days
I wonder what's the % of long-form text that's still fully handwritten. Must be in the single digits or even below 1%. It makes no sense to write entirely by hand anymore when you can just tell an AI how you want it, feed it with information, edit the output, and save hours.
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@timgedenk
Tim
30 days
I'd argue that if you start with a budget of ~$20K, $750K annual income is easier to achieve. Without one (so fully from 0), it's the $13M NW for sure. But in both cases, achieving it within ~30 days is definitely doable.
@JesseTinsley
Jesse Tinsley
1 month
Significantly easier to get $13m+ net worth. I’d add I can do it in ~30 days or less.
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@timgedenk
Tim
30 days
This type of stuff isn't limited to Samsung, the more you learn about Israeli tech companies the more you realise that these guys are fucking legends. If something can be used as spyware, it will be. True masters of their craft.
@IntCyberDigest
International Cyber Digest
1 month
‼️ Unremovable Israeli Spyware Found on Samsung Devices Samsung faces backlash over AppCloud, an Israeli-developed app pre-installed on budget Galaxy A and M series devices. Investigations reveal the app is embedded in the operating system, preventing full removal. Even when
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