Loads of wealth can be created by starting then flipping. I have lots of buds who’ve done it. But can also be done the other way. @BrianScudamore is one of my inspirations on this. Took 10 years until $1m in sales. Now does $400m.
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Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo
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My Dad has spent the last 30 years building his commercial printing business. Those guys make more (annuity), work less and make it to every one of their kid's games. Would love to see "lifestyle" biz IRR compared to VC/ PE style businesses in Trends.
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Yes. I want to cover it. And when I refer to lifestyle business, I’m talking companies that do huge revenues and created billions in value but just over a different time frame.
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@theSamParr have you read “it doesn’t have to be crazy at work” by the Basecamp guys? All about this and a good read. -
No. But I will. I don’t agree with many things they believe though. What are some good examples?
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I always have/had the idea of hitting a double initially giving you the flexibility/freedom to swing for the fences the next time w/out risking family/partners/lifestyle.
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Yes. When I didn’t have $, this is what I wanted. Now that I’m ok, it makes it easier.
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I like quick, 2-3 yrs and out.
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12 yrs in & I’m hoping to own/grow/run it forever. I have ignored most offers.
@TheTugboatGroup (I’m a member) is full of independent, bootstrapped, profitable, people-first, purpose-driven businesses. Most are WAY larger/older than Spikeball -
What’s tugboat group? I looked at the site but am confused.
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