Cody Wilkinson
2.6K posts

Cody Wilkinson
@TheProCFO
We aid in the development of the long-term business strategy, providing accountability to key decision makers to execute the company's financial plans.
USA Katılım Mayıs 2021
105 Takip Edilen411 Takipçiler

@jasonlk Google
Facebook
Apple
Netflix
Amazon
Walmart
All businesses that started out by just being better at what already existed.
Most new, big-ideas get acquired by the giants these days.
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@Codie_Sanchez It's also super easy to set up in QBO (or any platform).
Just set the following accounts to "other expenses" and your NOI is now your SDE: owner's comp, interest, D&A, and usually auto, cell phone, meals, travel, ect.
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@Codie_Sanchez A ton of small business owners are obsessed with EBITDA and don't even know what SDE stands for and why it is much better metric to look at until they are at the $10m+ mark.
That's what I have all my clients focus on if they are looking for an exit.
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@moseskagan I tiny bit of government intervention is required in a tiny bit of places (ie: antitrust laws).
However, most of what they touch becomes broken over time...
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Perfect little example of the serious problems rent control & housing supply constraints pose to our society:
- SF tech companies hit upon a new, civilization-changing technology (AI)
- They raise or redirect $$$ to go on a hiring binge for the talent necessary to develop this new technology
- Bc of rent control in SF, the vast majority of apartments are effectively shielded from the effects of this new demand
- New demand is instead concentrated on the tiny portion of the housing stock that is either new-er construction (& therefore exempt from rent control) or which happens to be vacant due to normal turnover
- Rents for that tiny portion of the housing stock go to the moon, directing some large portion of the $$ our leading tech companies are spending to reshape our civilization into the hands of those lucky landowners, instead
- The high rents for the small amount of available housing keep hiring for AI below what would otherwise be optimal and ensure that "normal" people can't find new apartments in the city at anything like reasonable prices
- And supply constraints ensure developers can't even respond to this price signal by adding to supply, which would at least bring rents down over the longer term
And don't be fooled into thinking this is a unique situation.
It's happening faster in SF than it usually does, bc of the speed & scale of AI investment, so it's more obvious.
But, by keeping our most productive citizens out of our most productive cities (or, really, by increasing what employers have to pay them, and therefore reducing the number of them hired), rent control and supply constraints have been dampening our economic growth for generations, leaving all of us worse off.
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For more of my writing on the real estate business, join my mailing list at moseskagan.com
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@thejustinwelsh 100%
Step 2: Deligate as much of "your job" as possible, without reducing the quality of service.
Step 3: Find 10 more people that have that same problem.
Keep repeating this cycle. Make sure you have enough cash. Model out the next 12 to 18 months of growth.
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@cliftonsellers I got no such response.
Here's mine: "Trusted books and financial clarity"
You can cut out the "and" to make it 4 words if you want 😉
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I’ve reached out to a dozen people on this thread
2 responses
Step it up folks
Clifton Sellers@CliftonSellers
You got 5 words Sell me your service
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@Codie_Sanchez My entire business model revolves around number 2.
I can’t help with 1 and 3…
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@RippleXrpie I don’t recommend disclosing the amount of $XRP (or any crypto) you have. Kinda like guns and ammo… you just have “enough.”
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@digitalassetbuy Don't gamble against a casino that sees all the cards and makes all the rules...
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@RippleXrpie Just a "glitch" over there at Binance. I'm sure @cz_binance is on it.
Although the discount on $XRP is nice.
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@AltcoinDaily Shortest crash ever... I didn't even have enough time to buy that dip. Really hoping $XRP goes back to $1.80 on Coinbase again. I'm ready now 😎💵
Also... don't play with leverage. Just saying...
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Cody Wilkinson retweetledi

Imagine watching your husband get assassinated and then going on stage in front of 100,000 people to forgive the man who murdered your husband.
@MrsErikaKirk just gave us an incredible example of what type of person we should all aspire to be.
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Cody Wilkinson retweetledi
Cody Wilkinson retweetledi

I would lean more towards $XRP rather than $ETH. That is the better long term play as far as utility goes. Just go look as the leadership team over at #Ripple and compare that with the Etherium team.
I actually think $ADA is a better long term play as far as tech goes. 10 years from now, Etherium is going to be like using Yahoo as your search engine or email provider.
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I’ve owned dozens of tokens over the years, but I’ve simplified my strategy down to just two: Bitcoin and Ethereum.
Together they capture over 90% of the entire crypto market, they’re the only assets priced globally every second, and unlike gold, they can generate yield. This is why I don’t bother with anything else anymore.
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@thejustinwelsh That's assuming you can actually focus at home though. Some people work way more efficiently with the structure and boundaries that come with going to an office.
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