Domino’s core product isn't pizza. Crumbl's core product isn't cookies. Chick-Fil-A's core product isn't chicken. They've all become billion dollar brands by selling the same thing: BUSINESS AS A SERVICE. Here's what it is:

20 Investment Fund Key Terms Things to think about if you are: - Forming an investment fund - Investing in an investment fund ***************************************************** 1. Management Fee (including reductions) 2. Carried Interest / Distribution Waterfall 3.

There are 3 types of people in America: 5% who believe residents of liberal cities deserve violent crime because many vote Dem 5% who believe residents of East Palestine shouldn’t complain, because most voted GOP 90% who believe the first 10% are out of their freaking minds

the libertarianism leaving VC’s bodies when their banks default

Lots of really bad takes about SVB. Let’s try and correct This is not a solvency crisis like 2008. Bad loans or poor investments were not made. Money was not lost. So, everyone is going to get their money back. (And please no takes about no interest rate hedging.

Heard a few people talk about “generational wealth” recently. I have a lot of trouble with this concept. Why would you want to rob your grandchildren from making something of themselves? My struggles created my identity and lifetime friendships.

Going to law school , becoming a lawyer and NEVER practicing law was probably the best investment I ever made in my business career. Who has done the same? Who wishes you did this? Who vehemently disagrees with me?

Investment Fund LPs: What do you think about tiered carried interest hurdles? Example: ❇️ 8% preferred return ❇️ 80/20 until 15% IRR ❇️ 70/30 until 20% IRR ❇️ 60/40 until 25% IRR ❇️ 50/50 thereafter Too rich? Assume 1.5% management fee.

Q: Hey Car Wash Guy, how do you manage 7 businesses and still have time to write fire posts on the bird?? A: well, Figment of My Imagination, I'm glad you asked. Two words - DEEP WORK It's from a book Deep Work by Cal Newport, but I'll summarize it here for you. It's so

If your lease sucks, it impacts almost every aspect of your business cash flow & overall value negatively. Here is what an (almost) perfect tenant-side lease looks like. And despite what some CRE brokers will tell you, it is very, very possible to achieve 90%+ of this:

Chuck Schumer To avoid losing the trust of the American public, it is important that our justice system pursue Democrats and Republicans with equal vigor. Whichever party most puts justice before nepotism is the one that deserves trust.

Paying for a business expense that is $1,000 does not save you $1,000 on taxes It saves you $1,000 x your tax rate If you are at the 22% rate, you would save $220 And spent $780 ITS NOT FREE

Something I’ve come to really appreciate about Twitter: There’s a million ways to make a million dollars. And almost none of them are sexy

On a $312,000 loan at 6.85%, the monthly payment is $2,044 for a 30 year mortgage and $1,904 for a 40 year. If $140/mo is the difference between affording a home and not affording a home, I’m not sure you should be buying a home. You’ll also pay about $170,000 more in interest!

A hard dose of truth from 63-year-old philosophy professor and (still) 5.14 rock climber Bill Ramsey: “When people get frustrated because they’re not achieving a goal, it’s usually NOT because they’ve aimed too high—it’s usually because they’re not making the sacrifices needed

LP issues checklist. 📄 25 questions to ask before investing in an investment fund. ✅1. Fund Term If the fund is a closed-end fund, how long are LPs locked in? Can the term be extended? Can the LPs terminate the fund early? ✅2. Investment Period How long is the period in

How do I start multiple companies at once? Earlier this week, we launched Scalepath. It’s a unique CEO peer network for SMBs. Here are the steps I used to do it. (Without making myself a job!) 1st Step: Identify the right partner. Sam joined my Associate program last

When people start something with partners... They often make a big mistake. They don't create alignment from the start. --- Here's how I solve that. We write a Memorandum of Understanding. It puts down: • What's the idea/vision • Who's doing what • What's our plan

Simply showing up on time and doing what you said you would automatically puts you in the top 20%