Back 40 Ventures

@BowTiedBull A lot of people doing this is how you get a market crash!

This is extremely dangerous unless with limited amounts due to margin call/liquidation If you have real money then sure. Borrowing $1M on a $100M portfolio of S&P is low risk Borrowing $500,000 on a $1M portfolio of tech stocks… not so much

@BednarikMatt 100% I like their chili and my Mom loves the nachos they came out with.

@Back40Ventures Closest one to me is 40 minutes away. That much better?

Panera is just over-priced hospital food. I said what I said.

@KrissBergTweets Zillow says $240k. I happen to know my dad had it built for $18k in 1977

@Back40Ventures Yep. What does that house go for now?

Someone told me last week I must be using "daddy's money" to build my businesses. This is my childhood home. All 1000 glorious, split-level square feet of it. My parents were over the moon when they sold it for ~$240k in 2021 (height of the housing market). We weren't rich or poor, looking back I think we were in the middle of the middle class. We drove to all our vacations, unless gramma fronted a plane ticket (which was rare). Most vacations involved sleeping in a tent tbh. Big expenses (like skis) had to be considered very carefully and the money was saved for months. I bought my first car (which cost $1300) with money I earned shoveling dog poop at the local vet clinic/shelter - starting at age 12. My parents did an amazing job, teaching 3 critical life skills: 1. Fierce work ethic. I was a latch-key kid from an early age (only child). I had a list of chores to do every afternoon, eventually I was cleaning the entire house every week, and cooking many of the meals. I was even ironing my dad's work shirts (radio advertising salesman) every Sunday night. They always told me I didn't have to be the smartest kid in class, but I had better work like I was. Average grades were unacceptable because I was not average. When I got to college I was way more hard-working, competent and prepared than most of my classmates. 2. A DIY mentality. My parents always told me: make it happen. If you want something, you have to make it so. Nobody's going to do it for you. You like the girl? Go over there and talk to her. You want to go on the class trip? Find a way to get the money. You want a car? Go shovel the sh!t. This built my confidence to make much bigger moves in life. 3. Give back, no matter how little you have to give. We didn't have money to give away so we gave away time. We were serving meals at the Salvation Army on Thanksgiving. My dad was on a dozen different charity boards over the years. We volunteered at church and scouts. My dad taught me about giving blood. This instilled a deep gratitude for what we did have (nothing will give you a dose of reality more than sharing a meal with someone who sleeps on the street). I was very lucky to have two present and engaged parents who gave me the tools to succeed. That had nothing to do with our bank account.

If you aren’t using flight time to catch up on the classics you’re NGMI

@QuintusCurtius Empathy is a bit of a lost art these days, especially online.

If you have the cognitive ability to ask yourself, "How would I feel and react if this were in this man's shoes?", and if you then have the capacity to answer this question honestly, you will have taken a big step in understanding human relations.

@TheSalesBull1 And refresh the dashboard constantly 😂

The simplest way to motivate yourself in a sales role is building KPIs around money Anything else is pissing around the edges

@texasrunnerDFW I see these stats all the time. Oddly, mine has decreased over the last couple of years. Maybe I am just in an odd area of the country.

Since 2021, home insurance rates have risen 46%, nearly three times the rate of inflation And they’re expected to rise another 4-8% in 2026

@HarrisFanaroff I like this and the rationale behind it. I’ve done this informally for years but I think I’ll formalize it for my team.

Stop sending Calendly links in your outreach. I know that's going to upset some people. But here's what we've learned managing LinkedIn for executives and top sales professionals: When we send a Calendly link, people ignore it. When we ask for their email and send 3 specific dates/times, we book the meeting at a 3x higher rate. 3x. Why? Because a Calendly link says "I'm too busy to make time for you, so go figure it out yourself." Three specific times says "I actually want to talk to you and I'm making it easy." It's the difference between automation and personalization. And in a world where everyone is automating everything, the personal touch wins every single time. Here's the play: 1. Prospect shows interest 2. Ask for their email 3. Send 3 dates/times that work 4. Book the meeting That's it. No scheduling tool. No friction. No "find a time that works for you" where they click the link, see your availability, get distracted, and never come back. This might be old school. I don't care. It works.

@lawyer4SMBs I’ve been wearing contacts for about that long too. It never bothered me until I had to start carrying reading glasses everywhere. Will this fix that too?

I've been wearing contacts or glasses since 3rd grade. About to get ICL and do away with them forever. Feels like it should be life-changing. Wish I didn't wait until my 50s before doing so...

@RosserJobs Many cases.

Junior comp Senior expectations Endless hiring process

@indexnforgetit Agreed, losing hope is the worse thing that can happen to a human being, and I mean that literally.

@Back40Ventures I just imagine young people reading stuff like this and giving up all hope

Life is fire and there are literally endless opportunities out there

@DadisFIRE I haven’t been bored since 1988

Seb's right! I'd add that anyone who is bored in early retirement is boring.

@StretchGoat_ The 20% that make the real difference is hard to teach because it’s all about adapting to the circumstances. To learn you really need a mentor or coach who can dive into specifics with you.

The 80% of what people teach about business is still so generic It’s the 20% to actually make it work is what no one teaches because it’s very contextual based but it’s the same concepts just explained in each context differently A type of pattern recognition if you would say

@jjtejkl Thought about that for years now. Vegas is a tradition though.

@Back40Ventures Should’ve just come to Dayton

Flying out of CVG this morning for a long weekend of basketball watching with the boys in Vegas. TSA lines are a little longer than normal but not terrible. I’m about to do everything your X gurus tell you not to do.

@tyromper If the could remove the effort and put it in a pill exercise would be the most popular drug in the world.

72% of Americans do not exercise ONE MINUTE a week. If you go from 0 to just 90 MINUTES A WEEK you decrease your chance of: •Cancer •Alzheimer’s •Cardiovascular disease By 14%. No DRUG OR PILL CAN DO THAT. That’s less than 13 minutes a day. Create the time. You & your loved ones deserve it. Find activities you like that involve movement! •Run •Walk •Bike •Yoga •Hike •Lift •Dance •Sports •Chase your kids Your body was designed to MOVE! *Dads, lead your family to health & set the standard & be the example!

@ZubyMusic The red flag is just hating. Nobody’s got time for that.

I'm not sure which is the bigger red flag... Hating the opposite sex or hating your own sex.