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The 2023 Milly Awards: Part 2
My First Million
Investing in Profitable Businesses
Identifying a profitable business with potential, investing in a minority stake, leveraging tailwinds such as remote work and offshore talent, and utilizing a large and trustworthy audience to drive leads resulted in tripling the business within six to nine months. By strategically choosing businesses to invest in, adding millions of dollars of annual recurring revenue (ARR), and carefully selecting only one out of approximately 60 deals, the investment added at least $35 million of value to the business.
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