Thomas harris

Rep. Ogles: "Look, I don't want to play down the effects of the virus, but at the end of the day it had a roughly 1 percent mortality rate. We coulda gotten through this."

I know a guy that bought a trucking company like this. He wanted a company he could run from his MacBook. Remotely. He had ZERO experience but lots of confidence and family money to burn. He did all the research and knew exactly what he wanted: - a “boring” business - something AI-proof - an established company Within a few months, he was totally upside down in the business. Turns out the trucks were old. And the drivers quit. And 6 trucks really isn’t a “fleet”. And worst of all, his company was a refrigerated carrier. He thought refrigeration would be a differentiator and a moat. Here’s the thing, he was right about the moat. Refrigerated is harder, and hard keeps competitors out. What he missed is that this moat is just difficulty the last owner learned to survive. Knowledge he didn’t have. His research list had tons of items about the business and none about himself. And this is where most first time buyers screw up: They focus too much on the BUSINESS’ attributes and not enough on THEIR OWN. You have to figure out what the business really depends on and whether or not you’re any freaking good at that one thing! Know thyself is rule number 1 of business buying.

In a public ceremony, New York investor Larry Silverstein purchases the World Trade Center complex for $3.22 billion on a 99-year lease, to expire in the year 2100. Silverstein is a doting, personal owner; he famously breakfasts at Windows on the World each and every morning.