Heath Padgett

My favorite current form of comedy is following productivity experts online who don't have kids.

:)

@thesamparr Love this. For a few years, my wife and my income was tied to us traveling (either sponsors, events, podcast, etc). My wife got sick while pregnant and while I loved our work, didn't want income to be tied to lifestyle. Started focusing on SaaS/owned biz. Grateful for separation.

I 100% agree with this take.

@valuemaverick @APompliano @AdamRy_n Earn-out deals are common and in no way represent "stealing from investors". Sam had a disproportionate amount of value tied to his time and the podcast (maybe more than value of his biz, idk). A company can pay you upfront for biz value and also say they value your personal time

@APompliano @AdamRy_n Yea investors don’t pay the broker, the company does with cash or stock but not at a difference of 8mm

Been waiting for someone to call this out. Jesse is spot on. So many exaggerations, half truths, and sometimes out right lies told about the founding, building, and exit of Hustle Con Media Inc. The more you dig…

@mhp_guy This is awesome

My mind is officially blown. I got the $200/month pro ChatGPT plan & had the operator start a business for me while I watched. It messaged folks on FB marketplace, logged the replies in a spreadsheet & they responded!! I recorded my screen the entire time. Must watch!

@JoeCassandra Hopefully niche still leads to a great business :)

@heathpadgett love niche ideas like this! If I bought an RV, my 2nd question is always "How would I get this repaired"

Did a thing last week! Launched RVhelp.com at the Tampa RV show. A lot more work to do, but we've had hundreds of sign-ups from service providers in the first two weeks. Excited to see where this goes.

Dusting off the entrepreneur cob webs and getting back on the horse for round #2 of startup life :). Building a marketplace/app for connecting RV owners to trusted/vetted nearby techs called RV Help. :) What I'm building: linkedin.com/pulse/introduc… via @LinkedIn

@mhp_guy I’ve hit balls here and can confirm I got nowhere close and yet it was still fun/id do it again

We're about to see this business everywhere. Watch me reverse engineer how much money it makes per year and how you could copy it, in 5 tweets below:

@chaddavis This is incredible.

This app can be toxic sometimes, but there are good people in this world. Here's the story of how some folks in Montana went above and beyond what any normal human would do to help our family.

@ColinGardiner Bought McDonalds stock this summer. Love to see the continue hike up :)

Talking to customers and trying to find product market fit.

@TomFrankly Also, would this point more towards a flaw in the open source model or how they've set up Wordpress? (genuine question) If the WP .org model worked, why could WPEngine build on it in this way? Just seems like another company will do similar things if it worked/was profitable?

@TomFrankly I read high-level backstory on both sides (just via a few articles). My story is that it feels WPEngine has succeeded wildly and (exploited would be a bad word) executed very well within the parameters of how WP .org is set up and this makes Matt upset.

This is absolutely the wrong way to handle this dispute. All my sites were previously on WP Engine. If I hadn't moved them a couple years back, I'd be feeling pretty screwed right now. Even though I did, I'm still pretty angry on behalf of all the site owners who did nothing wrong, and on behalf of all the plugin authors, developers, and admins who work to benefit the WP community.

@ColinGardiner Whaa?!

He was probably just hunting…

@ankurnagpal Would love this! My last company was an llc (literally because it was easier) and we sold a shade under five years (which is when I heard about QSBS through C corp). Just formed my next startup and going c corp for this reason (and also easier fund raising vehicle).

Just wrote a comprehensive 2,500 word Notion guide on everything startup founders need to know about QSBS Let me know if you want to read it and send feedback on anything I may be missing!

@ColinGardiner Matcha cookies are good

Matcha beer is not very good

A competitive advantage for 99% of small businesses is just answering the phone.

@MrBeast Kind of wild there is a minimum age of 35 but not a maximum age of 70.

If we lower the age to run for president I’ll jump in the race

@lkr Thanks Laura! Feels good to have a name I’m excited about.

@heathpadgett congrats on the new biz and domain! I think that's just the right price to secure a good name and not spend a fortune

Just paid $4k on a domain for a new startup (short & memorable name) after never spending more than $10 on a new URL!! Nervous but mostly excited to get back into the startup seat again for round #2!

@Daryn_H Agree. In the moment when your kid is in pain you do whatever it is you need to and then later deal with it though.

@heathpadgett For $50,000 I’m pretty sure it would be easier to chop it off and have a robotic one stitched on… or fly to South Africa and have world class care down for $10k including flights…

It’s easy to feel like the US is a good place to live until you need to go to the hospital for literally anything. My wife has been holed up all week with a severe throat and ear ache. Can’t get in to see a new doctor (we don’t have a general physician) and just to see a doc it was $300. Then multiple tests (which cost more) and can’t tell what it is, but they gave antibiotics just in case (even though couldn’t confirm what it was). Every healthcare experience I’ve had in the US for the last 5 years has been underwhelming and expensive. Last month, our nephew fell off a table at daycare and broke his arm. It cost $50,000 for him to get shuttled via ambulance to 2 hospitals and get a pin out in it. It feels like everyone is a slip or a fall away from a major financial headache/liability.