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I've generated over $1 billion in sales using ONE strategy.
Used it in every recession - 2000, 2009, and 2020.
I've never shared it publicly before.
This thread might make you a millionaire.
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Val Katayev
8.3K posts
Val Katayev
@ValKatayev
Immigrant. Started at $0. Bootstrapped to $100M+ in profits & exits. Funded $1.7B of credit. Serial entrepreneur in adtech, music, fintech, jewelry, SaaS, RE.
New York, USA Katılım Mayıs 2012
70 Takip Edilen128.8K Takipçiler
The Knicks are just demoralizing these teams. Let’s make it 11 game streak! NYC is ready to erupt.
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It’s very humbling visiting the Normandy memorial sites including Omaha and Utah beaches. Was nice to see the level of care they were given.
Danny Deraney@DannyDeraney
Every year, I share this video of French caretakers who take sand from Omaha Beach in Normandy, and scrub them into the letters to give them the gold coloring. They do this for all 9,386 US soldiers who died. France also gave us this land as American soil. #MemorialDayWeekend
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@RenshuBTC I have not used Codex at all. Been hearing a lot about it.
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@tapankataria Sold majority of it in high 20s and low 30s. Feeling the pain with what remains.
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@ValKatayev Still long SOFI? Thinking if I should be adding more
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Wrapped tefillin today with @shaunmmaguire
Not only is he successful in:
• Building and selling a cybersecurity company to Palo Alto Networks for ~$1B
• Becoming a Partner at @sequoia
But what stood out most is who he is.
A proud Jew who shows up as a real mensch!
A year ago I asked him to speak at a high school, he immediately said yes, took time out of his busy schedule, and went to speak to the Jewish students at Beverly High about being strong and proud of who they are.
The Jewish people could use a few more Shauns.
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Michael Bloomberg, founder of Bloomberg LP, on why showing up early and staying late beats being the smartest person in the room:
"I'm not smarter than anybody else, but I can outwork you."
Bloomberg shares his key to success:
"Make sure you're the first one in there every day and the last one to leave. Don't ever take a lunch break or go to the bathroom. You keep working. You never know when that opportunity is going to come along."
He explains how this approach shaped his early career at Salomon Brothers.
The managing partner of the company, Bill Salomon, was the second person to arrive each morning.
@MikeBloomberg was the only other one in the big trading room.
"If he had needed to borrow a match… if he wanted to ask something about a newspaper or a stock, he came over and so we became buddies."
The same thing happened at the end of the day. The number two guy, John Gutfreund, was the last one to leave except for Bloomberg. They'd share a cab or take the subway uptown together.
"You can't control that you're the smartest guy. There'll always be somebody smarter. But if you're there, then you absorb things. You put things together in ways that if you didn't have all that experience…"
He compares it to skiing:
"Reading a book on skiing doesn't teach you how to ski. You got to go and you got to ski and get lots of miles under your skis. And incidentally, if you don't fall, you're not skiing hard enough and you're not learning anything."
Bloomberg also touches on resilience when things don't go your way:
"You got to be smart enough to say, 'Hey, I tried it. Don't let your ego get in the way. I can't keep doing this. I've got to earn a living, but a year from now, I'm going to come up with a better idea and then I'll go back and do it again.'"
He closes with a mindset that defined his career:
"There's never been a day that I haven't looked forward to going into work. Even the days I knew I was going to get beaten up. Even the day I knew I was going to get fired. I'd never been fired before. I wonder what it's like. Okay, let's go find out."
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This is so good.
When I was young, a more experienced person wanted me to be CEO. I said “are you sure it shouldn’t be you running the company? “
His answer was “Val, I’ll take a bet on you batting over 500 all day long”.
The company made a $10m+ net profit in its first year of existence.
Big Brain Business@BigBrainBizness
Byron Allen, Founder of Allen Media Group, explains how treating business like a contact sport unlocks unlimited capital: Byron once borrowed $310 million on a Friday to acquire the Weather Channel. He paid it back in five months. When the lender hit him with a $28 million prepayment penalty for closing too quickly, he paid that too. His philosophy on why capital is never the real obstacle: "Business is a contact sport. You're nothing more than economic athletes. They will see your passion. They will see your stats. And they will always want you on their team because you make them money." The framing shift here is everything. Byron sees founders as athletes whose performance is being evaluated by people who need them to win. "You have unlimited amounts of capital available to you if your hustle is at the highest level." @RealByronAllen drives the point home: "Keep your hustle at the highest level because capital is always looking for you to get the money back and a return. There's trillions and trillions and trillions of dollars of capital looking for you. Go get it." The takeaway: Capital is hunting for operators who can put up the stats. Hustle at the highest level, and the money will find you.
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BREAKING: SpaceX's board has approved a new compensation package for Elon Musk ahead of its record-setting IPO.
The package includes:
1. 200 million super-voting shares if SpaceX hits a $7.5 trillion valuation and establishes a permanent Mars colony with at least 1 million people
2. Additional 60.4 million shares if SpaceX reaches certain valuation goals and operates data centers in space delivering 100 terawatts of compute
3. Elon Musk will not receive a single share if the company fails to reach the board's valuation targets
Elon Musk has received a salary from SpaceX of $54,080 per year since 2019.
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Anyone in my network from @Klarna and @Affirm ? Looking to integrate BNPL to our POS for jewelry retail stores.
Our startup, Luxe Software added $600M in GMV in the last year. Will be $1 billion by EOY.
@klarnaseb @mlevchin DM's open.
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Моя любимая краткая история СССР.
Как только умер Ленин, оказалось, что второй человек в партии, товарищ Троцкий - предатель. Каменев, Зиновьев, Бухарин и Сталин свергли Троцкого и изгнали из СССР.
Но через пару лет оказалось, что Каменев, Зиновьев и Бухарин тоже враги и вредители. Тогда доблестный товарищ Генрих Ягода их расстрелял.
Чуть позже Ягоду, как вражеского агента, расстрелял Ежов.
Но через пару лет оказалось, что и Ежов не товарищ, а обычный предатель и вражеский агент. И Ежова расстрелял Берия.
После смерти Сталина, все поняли, что и Берия тоже предатель. Тогда Жуков сверг и расстрелял Берию.
Но вскоре Хрущев узнал, что Жуков враг и заговорщик. И сослал Жукова на Урал.
А чуть позже вскрылось, что и Сталин-то был врагом, вредителем и предателем. А вместе с ним и большая часть политбюро. Тогда Сталина вынесли из мавзолея, а политбюро и примкнувшего к ним Шепилова разогнали честные партийцы, во главе с Хрущевым.
Прошло несколько лет и выяснилось, что Хрущев был волюнтаристом, проходимцем, авантюристом и врагом. Тогда Брежнев отправил Хрущева на пенсию.
Вскоре Брежнев умер, и выяснилось, что он был маразматиком, вредителем и причиной застоя.
Потом было еще два маразматика, который никто и запомнить не успел, потому что дохли, как мухи.
Но тут пришел к власти молодой, энергичный Горбачев. И оказалось, что вся партия была партией вредителей и врагов, но он-то сейчас все исправит...
Тут-то СССР и развалился. А Горбачев оказался врагом и предателем.
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@ValKatayev My most viral tweet ever...
Good thing X is optimizing the reach of niche expertise from domain experts 🤪
x.com/aussieflya/sta…
Eli Lever@aussieflya
There’s only one financial metric for a happy life: Making more money than your wife’s sister’s husband. Nothing else matters.
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That did 2.2M views. I need another useless post. Only those go viral lately.
Val Katayev@ValKatayev
Took a Delta flight from NYC to Caribbean. They overbooked it so Delta started to offer $$ for 4 seats to move to the next available flight. Legally they must keep going up until someone takes it. Here’s the outcome: 1st person took $400 (flight available in 3 hours) 2nd and 3rd around $1500-2000 (I think also booked to flight 3 hours later) The 4th seat took a long time to find a taker….offer kept going up. This one was a rebook to next day morning flight. $2500 - no taker $3000 - no taker $4000 - no taker $5000 - no taker $6000 - no taker It took $7,000 for someone in economy to give up a day.
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@masterdiverhrsh Yeah, definitely a bummer when better value gets less love.
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@ValKatayev I swear man! Even in the Ai Filmmaking space, all those same tutorials go viral but not long form and actual good ones! X just ignores real good posts 💯💯 seems it cares about what people react to most instead of what is actual quality....
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1st search ad campaign LOST $5,000 overnight at 19yo - stay in, turned into $30 million profit within few years
1st real estate investment, LOST $700,000 - started my own RE firm, now $300 million in projects ($145m completed)
1st job (from 11-17yo) selling and repairing at a jewelry store, vowed to NEVER work in jewelry - 20 years later start 2 companies in jewelry space. Added $600 million of GMV to our 3yo SaaS platform in the past year alone.
It's not how you start. Its how you finish. Don't quit.
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