The cities in Studio Ghibli films are designed to accommodate their inhabitants, rather than prioritize vehicles passing through. The buildings are close together, the streets are narrow & filled with trees, and there are no massive parking lots.
Take note, North America!
"I had nothing but time and still no answer. Time without purpose is a prison. I have glimpsed into the mind of eternity. Perhaps the mind of God. And found nothing but silence."
~Jessica of @RickandMorty
Biggest SMB Mistake: Don't Buy a Job
Buy a biz w/ enough $ to pay operators.
- at least $100-200k/ yr in profit.
Why? So you can hire a decent operator
If you want to buy a job, those deals are EVERYWHERE.
Cashflow semi-passively... those are the deals we strive for.
Harvard Business School is an incredible media company.
- $262M in 2020 publishing revenue
- 84M website visitors to HBR
- 340,000 subscribers to HBR
- 48 million podcast downloads to HBR
Don't become old, wrinkled, and stubborn (2/3 will suffice)
"The Japanese Zen term shoshin translates as ‘beginner’s mind’ and refers to a paradox: the more you know about a subject, the more likely you are to close your mind to further learning."
A THREAD on how most real estate folks structure deals with outside investors.
Most people utilize the "preferred equity" structure when they raise money from outside investors. They "syndicate" deals.
Here's the basics:
Hoping now for an American Renaissance, where America:
- welcomes top global talent with open arms
- leads the world’s research in biology, AI, energy, and transportation
- renews leadership in semiconductor fabrication
- fights for every American’s dignity and opportunity
🇺🇸🚀
Non-accredited investors should be rioting in the streets seeing YC turn $20k turn into $2,200,000,000.
Allowed to buy lotto tickets, but can't invest in startups?!
You've got to be kidding me.