2016: Bought my first 2 franchise locations
2017: Reinvested money to buy 2 more franchise locations
2018: Reinvested money to buy 2 more franchise locations
2021: Bought 7 locations, then 4 more, then 5 more
The longer you’re in business, the easier it gets
@kasimaslam How do you define “perfect” financials? Does “perfect” change at different stages?
Where is the “perfect” happy median between growth and profitability on the financials especially when household names built their empire’s on zero profitability.
Financials, competition, and market. I think these are supposed to be on the list. They may be for smarter, more seasoned investors. They're things I'm interested in but never deal breakers. I don't expect to see perfect financials from early-stage businesses; it doesn't happen.
I have made over $2m in investments this year, ranging from $25k to $1m. Here are my criteria for purchasing or investing in an eCommerce business. #thread 🧵
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@Codie_Sanchez Guy who sold solar eclipse glasses by getting a manufacturer to pair the lenses with unique looking frames versus the cheap one everyone had. Over 1 million in profit in 1 week of sales.
How long until Germans turn against the USA?
The strongest economy in Europe was on the verge of doubling their supply of cheap gas from Russia via Nord Stream 2.
Instead they're facing deindustrialization and wondering how they're going to keep the lights on this winter.
If you're planning on participating in the SMB M&A tidal wave over the next 20 years, this thread is for you. This list can be increased or stripped depending on your acquisition size / risk tolerance, but anyway..
FINANCIAL DUE DILIGENCE TIPS FOR BUYING A SERVICE BUSINESS:
@AndrewRantAG@1Foxcom I’m sure they did, haha!
How did bitmex survive during the 2018 bear? I’ve been a long term holder and busy with other things. Haven’t had my pulse on things until the last 6 months or so.
One of my favorite things about this space is talking to investors that try to apply stock market fundamental and technical principles to crypto and then seeing their faces of disbelief because it “had to correct”
Statement by President Donald J. Trump on the Electoral Certification:
“Even though I totally disagree with the outcome of the election, and the facts bear me out, nevertheless there will be an orderly transition on January 20th. I have always said we would continue our...
Many feel that this #Bitcoin market cycle is accelerating faster than 2017. As things heat up it's instructive to look back at past cycles to see how on-chain metrics moved and get some context into our current trajectory.
🧵with comparison charts 👇
THREAD
In the midst of alt-coin carnage, it's probably a good time to time post a thread about the future of alt-coins. And where its place may be in crypto-cap dominance.
1/ A Thread For Normies On Robinhood And Options Trading.
This is Part 1 of A Series Of Informative Tweet Threads For Normies About How Most Of The Financial Services Industry Fleeces Poors And What To Do About That.
Want Investment Advice? LISTEN UP NORMIE.
@pastorsteve Historically in the Bible this makes more sense that first born’s would be more successful. What about now when culturally there is no real difference affecting the success based on birth order? Thoughts?