
Joe Springsteen
2.9K posts

Joe Springsteen
@1JoeSpringsteen
2x ETA, the 1st a crucible of hard lessons. 1+ yrs into the 2d, a 34 yr old co. Just turned 60, focused on longevity to share joy w my wife and our 4 grown kids





My advice to young people: 1) don’t vape and stop smoking weed. It’ll crush your energy and ambition, your only two things you have going for you. 2) don’t become a doctor or a lawyer. You’re too likely to end up unhealthy, unhappy, divorced and rich. 3) entrepreneurship isn’t about new ideas. Don’t follow your passion. Do common things uncommonly well. 4) get married young and have more kids than you can afford. 5) life is sales. Learn to sell or don’t expect to earn real money. 6) start small. Trade your time for money. Passive income is a myth. 7) decision making is a muscle. The only way to get better is to lift the weight. Books aren’t the answer. 8) you get to choose your competition in life. Silicone valley is electing to play basketball against LeBron James. Sweaty startups are playing basketball against a 5th grade girl. The choice is yours. 9) look down the hall. What does it look like to win the game you are about to play? What does your boss look like? Are they happy? That is where you are headed.




You’re bearish on office but, realize people need a small office. You’re bullish on industrial but, realize most people don’t want 100k sqft with a 10 year lease commitment. Contractor garages are a no brainer and we are still in the early stages.





Boys $1M+ in EBITDA is all we should think about. Everything else is playing with your weenie

Detailed yet simple path to wealth THAT TOOK ME YEARS TO FIGURE OUT. 1. Cash flowing business - I am in the moving/logistics business(no I wouldn’t go with this business starting today) Service business HVAC, electrical company, paving company the necessities is what I would go with. or Saas product(this is obviously a little more complicated but can you set you up for life) I started a niche Saas business that for moving/logistics industry it’s what I know. Low overhead, recurring monthly revenue, global scalability. The GOAL is to replace yourself so you not doing the day to day but now you have the cashflow. Even if your still in the day to day you can do #2  2. Real estate - start small buying properties leasing them out. Take the cashflow from your business and put it into real estate to take advantage of additional cashflow, tax benefits, depreciation, appreciation, etc. I like multifamily and industrial, contractors garages and self storage. Once you get rolling the possibilities here are unlimited and this business which started out as a passive investing can turn bigger than you ever imagined. You can start developing real estate or capital raising/sydicating (we do both) 3. Social media - record this journey Use your social media! Entrepreneurship is more popular than ever and if you just post your path you will gain the following. Once you have that following again the possibilities are limitless. Direct to consumer brand, marketing others products, selling courses, selling consulting. Just so many ways after you build a following to make money. This is not complicated really anyone can do it’s simple. Be relentless and have high risk tolerance follow the path.


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