

Lessons Learned from Investing in 22 Companies (Pt.1) | Ep 608
125 snips Sep 19, 2023
Discover the magic of blending old wisdom with new strategies in investing. Hear about the essential criteria for selecting companies and the vital role of leadership in driving growth. Delve into the two-step approach for significant forward momentum, and learn how focused founders are pivotal to success. The conversation emphasizes the importance of cash flow in reinvesting for expansion and explores the emotional hurdles entrepreneurs face. Expect valuable insights from personal experiences that enhance decision-making and foster sustainable business practices.
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Building Goodwill
- Focus on building goodwill with your audience by providing value to the majority.
- Target partnerships with a select few high-quality companies.
Quality Over Quantity
- Investing is about quality over quantity, focusing on a few high-potential companies.
- Prioritize fewer, better deals, even with increasing deal flow.
Investment Criteria
- Look for businesses with at least $1 million in profit if they have transferable value.
- If the business is personality-driven, the minimum profit should be $2 million.