Taofiki GS

What could it be, what could the cause be. Unfortunately, we'll never know. It'll be a mystery, like Bigfoot, or the Loch Ness Monster.

"If your brand operates a warehouse, your growth was 4%. If you contract out to a 3PL, your growth is 30-35%." I learned this the hard way. We had over 50,000 sqft at one point. Now we are totally virutal. Running a warehouse is seductive. It's thrilling to see and feel your business humming. It strokes the ego to tour people through the floor and hear them ooo and ahh. BUT - it's a massive distraction. It comes with lots of headcount and thus HR (hire, manage, fire, etc). Carrier contract negotiations. Capex for shelves and forklifts. Pick/pack process optimizations. Lots of moving pieces of all types just to get packages out the door. And even if you're good at it - you're not even close to the scale of a 3PL. It's the same reason everyone runs AWS now instead of servers in closets. A 3PL can get better at shipping packages than you ever will. They can justify capex to save pennies and seconds that you never could. Everyone who thinks running a warehouse is cheaper than a 3PL isn't looking at the fully burdened cost per package (rent, utilities, insurance, workers comp, HR overhead, etc). And every second you think about the warehouse is a second you don't think about growing revenue. I'm honestly totally unsurprised by the finding - but it's awesome to see it so clearly in the data.

Roughly 220 billionaires reside in California. They employ roughly 10 million people. If a wealth tax passes, everyone with a billion-dollar idea will think twice about whether they want to build that business in California. But that isn’t even the most dangerous part. When this turns out to raise less money than expected, the bar will be lowered to $100 million. Then $50 million. Then $10 million. Then $1 million. They’ll call it “the millionaire tax.” And since ~80% of the California population isn’t a millionaire, they’ll vote it into existence because “it doesn’t affect them.” But many of those “millionaires” are providing jobs. Housing. Innovation. Buying products and services. They’re a net economic benefit. If you discourage them from living in California, they will leave. Then it becomes a downward spiral where they have to tax everyone else to stay afloat. Not saying the system is perfect. But a simpler solution might simply be: spend less money and encourage more people to move back / create a billion dollar idea.

This is pretty wild: A 2025 Goldman Sachs report found that 40% of people earning $500,000+ per year say they’re living paycheck to paycheck.

Megan Thee Stallion seemingly accuses Klay Thompson of cheating in new Instagram story: “Cheating, had me around your whole family playing house... got “cold feet” Holding you down through all your HORRIBLE mood swings and treatment towards me during your basketball season now you don't know if you can be “monogamous”???? bitch I need a REAL break after this one .. bye yall”

ALERT: Florida woman drives her lifted truck over a Lamborghini she didn't see in a parking lot. “Thank you God for another day and another chance,” the man in the Lamborghini said. “Material things don't matter to me, my health is the main thing. Nothing stops us, there is much more to grow.”

Rivian owners remind me of Tesla drivers from a decade ago.

michael b jordan