Selling gold pans to the panhandlers. My problem with capitalizing on these ideas is that I lack the stable of talent to execute on my (sometimes) good ideas.
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Replying to @Molson_Hart @AndrewYang
Not enough capital? Or not the tools to hire and manage the talent?
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Replying to @mgirdley @AndrewYang
More than enough capital, which is why I'm trying to get a handle on the economics of this situation, so I can hopefully profit. I'm still a weak manager. I am just only building tools I can use to manage/delegate without micromanaging.
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Over the summer, I partnered with someone I met to run a mineral rights auditing company that was inspired by our success in litigation financing. Was a huge time-suck.https://oilstub.com/
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Replying to @mgirdley @AndrewYang
I've launched 3 businesses. Everyone liked that one. Only one that failed.
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Replying to @mgirdley @AndrewYang
Yeah. It was universally adored. The other two were universally hated. Go figure.
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There is some merit to the idea that if everyone loves an idea, it’s a bad sign.
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Agree totally. The more people who told me they loved it, the more nervous I got because I had the opposite experiecne with the other two companies.
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