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My First Million cover image

#224 - How Tracking Every Second of His Life Took Rob Dyrdek from 0 to $405M in Exits

My First Million

NOTE

Venture Ownership and Diversified Investments in the Derdik Machine Business

The speaker aims to own between 25 and 70% of each venture at maturity/nThe speaker has built 17 companies and sold 6 for a total of 450 million since launching the company in 2016/nAll entities are part of the venture side of the Derdik Machine business/nThe speaker's production company was acquired and the earnout goes into an LLC they own 100% of/nThe speaker's talent money also goes into the same LLC/nThe speaker pays themselves a salary through the LLC/nThe speaker invests all of their salary in non-correlated cash flowing real estate investments/nThe speaker's investment portfolio includes manufactured housing, multi-family units, storage units, and R.V. parks/nThe speaker describes their financial setup as a sophisticated hybrid family office/nEvery venture created by the speaker has a structured capital and growth path outlined from the beginning/nThe unified theory framework is used to plan the timing and desired sale price of each venture

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