SMB Trainee

Ex Bain 👨‍💼 | Now Private Equity 🏭I Aerospace Engineer 🛰 | Sold my startup to industrial conglomerate 🤝| Future industrial SMB owner👨‍🏭| DMs open 📬

[SMB Trainee @ApprenticeSmb]

Question to experts with 10+ years experience in business:

What was your biggest rookie mistake?

@ClintFiore @girdley @dklineii
@sweatystartup @realEstateTrent @Codie_Sanchez

Illstart: Signing a lease which was clearly too long term for my venture. Costed me lots of money…

[SMB Trainee @ApprenticeSmb]

@LynAldenContact Great perspective!

Shouldn‘t the headline be: Fiat is THE worst asset, as you are arguing that shorting money is the best way to earn returns.

Same perspective on PE: If you consider „normal“ returns on stock markets of 7% with a leverage, you end up at 20+% - no magic!

[Michael Girdley @girdley]

As a Director on dozens of boards, I’ve seen:

Operational excellence adds millions in profits.

My 19 traits of top 1% performing businesses 🧵…

[SMB Trainee @ApprenticeSmb]

Some great input on good improve your board presentations 👇

[Michael Girdley @girdley]

The simple, foolproof meeting format we use to oversee dozens of companies generating over $100mm / yr:

🧵 👇

[SMB Trainee @ApprenticeSmb]

Stakeholder and employee alignment is crucial for success

[SMB Trainee @ApprenticeSmb]

First thing when acquiring a company is to get (internal) politics out of the game

[SMB Trainee @ApprenticeSmb]

@Phillip76792268 @paulg @engineers_feed There is a lot of evidence and studies that show that a huge share of our decisions is based on emotions, current feelings and so on and are def. Not rational or based on evidence…

[SMB Trainee @ApprenticeSmb]

@paulg @engineers_feed I feel that society as a whole can only make the next big step if certain logic coded into our DNA is adjusted, such as emotional actions etc. Which have been useful many years ago, but not for a multiplanetary future…

[SMB Trainee @ApprenticeSmb]

@trengriffin These luxury train lounges with skyview might become a thing in the 21st century again…?

High speed trains with direct connections, biz lounges & lunch included - no pain of boarding and in line to reduce emissions…

Anything that I am missing?

[SMB Trainee @ApprenticeSmb]

@nathanbarry Thanks for sharing!!

I love how you put your goals out in the public and love the mix between personal and biz related goals and esp. Personal vulnerabilities we all have…

Hope you are having a great 2023 💪

[Ben Meer @SystemSunday]

7 evening habits of a Stoic.

The Marcus Aurelius Routine:

[Paul Graham @paulg]

What do 36 million people use now that eventually 5 billion will?

[SMB Trainee @ApprenticeSmb]

@ClintFiore @overallgoodude @SMB_Attorney @KHendersonCo @smblawgroup You will definitely get a boost of motivation, some nice tips, SMB war stories and a fun evening - don‘t be afraid if you are beginning 💪

Plus: It shows the real value of twitter…

[SMB Trainee @ApprenticeSmb]

@JamesonCamp Agree: It is always more rewarding to climb a mountain than getting a lift by a cable car …

[SMB Trainee @ApprenticeSmb]

@realEstateTrent Idea:
Collect questions and share answers publicly - that way you get relevant input for new tweets and ppl get answers.

To do so, prep a standard answer like: „ thanks for reaching out. If you are willing to answer your question publicly in a tweet, pls go ahead (short version)

[SMB Trainee @ApprenticeSmb]

Biggest unknown when acquiring a company is on how to evaluate the staff + workforce.

It is crucial to quickly identify the real Performers vs. People who are just talking all day or are even toxic - quite difficult task.

[SMB Trainee @ApprenticeSmb]

Just switched to an PE firm investing in industrial mid caps - I feel it is currently not the right environment to acquire a SMB alone, feels better to work in a group on that.

[SMB Trainee @ApprenticeSmb]

@RickMedalle He is kind of doing it already 👇

[Elon Musk @elonmusk]

Wachtell & Twitter board deliberately hid this evidence from the court. Stay tuned, more to come …

[SMB Trainee @ApprenticeSmb]

Twitter acquisition feels like a real-life level 100 case study currently unfolding…

Watch & Learn 🍿 🎥

[SMB Trainee @ApprenticeSmb]

Best thing are the comments of the gazillion „experts“ on how things are likely to turn out 😂🤣😂