Smart Friends

#095 Rolling Fun #10: Capitalism is Hard, Natural Gas From Sunshine, and "Blimps" (That Work This Time)

13 snips
Sep 16, 2025
This discussion dives into the humorous yet challenging journey of marathon training, blending fitness with entrepreneurship. The hosts analyze the rocky shores of retail acquisitions and the resilience required to navigate setbacks. They explore groundbreaking advancements in genetic engineering and innovative airship technology for cargo transport. Exciting insights on energy independence through solar-powered synthetic gas capture the future's potential, while reflections on the importance of community in entrepreneurship resonate throughout.
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ANECDOTE

Near-Miss Buyout Of Joann Fabrics

  • Al Doan nearly bought Joann Fabrics after its bankruptcy but lost the deal in the final days.
  • He describes the process as emotionally intense and compared losing it to a personal heartbreak.
ADVICE

Take The Shot, Then Move Fast

  • Keep taking high-quality shots even if you miss; resilience builds a muscle.
  • Accept good execution may still fail and move on quickly to the next opportunity.
INSIGHT

Relationships Beat Cold Capital

  • Personal relationships matter most when raising fast, large checks in short timelines.
  • Track record and trust converted into the quickest yeses, not cold outreach.
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