I've been talking with Boardy about connecting with succession-stage business owners. Now that Boardy is on iMessage, I'm curious how those conversations will move forward.
Six million American businesses will change hands by 2035. McKinsey expects about one million to actually sell.
Their finding on the rest: most exits end in closure not because the businesses lack value, but because the pathways to transfer are limited, opaque, and costly.
The failure mode is not that your company is worth too little. It is that the machinery for moving it was never built for a company your size.
Source: McKinsey Institute for Economic Mobility, "The Great Ownership Transfer," 26 February 2026. https://t.co/Pm0RXYu95f
The profession that advises owners on succession now lives the problem itself: another regional CPA firm took PE capital this month. Same math their clients face: sound business, no internal buyer. The advisor's seat just got more valuable. https://t.co/ACyrJ8uWKM
True that. When we sent the helicopters they were uninsured because the damn insurer canceled our policy the week prior. The boys of course did well and saved the day, flying where US Army refused to go and medevacing multiple serving soldiers and Marines including one who received a Silver Star for actions that day.
A record 6,915 SBA acquisition loans closed last year. $8.17B of financed buyers. Still, most owner-led businesses will close rather than sell. Financing only reaches a business a lender can read. We built the structure for the rest.
https://t.co/A7tlOiDMvA
To the Americans:
I've travelled all over the world. I've familiarized myself with many places, and met many people. And I'm a Canadian, although I’m privileged to reside once again in the States.
And here's something I've noticed, and it’s a key element of America's continuing greatness:
You bloody Americans value success, and you believe in its existence.
This is something that doesn't really happen anywhere else in the world. Even in other free democracies—the United Kingdom; Finland, Sweden, and Norway; Australia, New Zealand and Canada; Germany, France, and the Netherlands (great countries all)—a counterproductive cynicism too often reigns.
Success is equated with exploitation.
Ambition is looked upon with contempt.
This happens sometimes in the United States too—particularly among the miserable progressives, who confuse their resentment, ingratitude and unearned skepticism with wisdom.
But in your great country, by and large, striving is admired and success celebrated.
This means that more people strive and succeed in the US than anywhere else. And it's increasingly obvious. You remain stunningly more innovative and productive than any people anywhere else on the planet.
And so I say, as all should who are fortunate enough to live in the western world, let alone America:
Thank God for the United States.
Thank God for the wisdom of its founders.
Thank God for its faith in the free market and in the natural rights of man.
Happy birthday, you damn Yankees and Southerners.
Long may your admirable country dominate the world.
Long may your freedom and hope provide an example to those suffering everywhere at the hands of their malevolent states.
May your two and a half centuries of unparallelled success be just the beginning.
Your country is the light of the world, and the city on the hill.
Thank God for the USA.
Happy 250th.
Dr. Jordan B. Peterson
One thing you need to understand about senior generals is that many of them are effectively socialist.
Think about it. They don’t have the market discipline to require them to be productive. What they produce is pleasing their senior officers, therefore, rising in rank. There’s no bottom line because they have an endless supply of money. Do you think any corporation would keep CEOs who didn’t win a war for 30 years? But look at the Pentagon. Look at the generals who are complaining. That’s them.
Now, reserve generals are a little different because they actually have to operate in the real world as civilians. I had generals who were corporate CEOs. And they were awesome. Still, if you are a senior general, you have spent 30 years in a government command environment. When you don’t like something, you give a command to change it. That’s how they think problems get solved. They don’t understand capitalism or entrepreneurialism – it’s against everything they’ve ever worked for. They want a rigid hierarchy with themselves at the top, making all the decisions. That’s why they’re inevitably for Democrats and such policies as gun control.
They also protect the club. And that means rejecting any kind of accountability. You can do that when you’re in a rigid hierarchy. Why do you think no one ever got fired for the Kabul disaster? And why do you think they are so very upset that Pete Hegseth is picking his generals under his own criteria and not theirs?
You have no idea how it grates upon them that a major is their boss. The last thing they’ll do is look in the mirror and ask why. That’s because they never had to look in the mirror to ask why before now.
Some of them can actually fight – certainly not all of them, as the disasters of the last 30 years have shown – but on any other subject, their views are not only wrong, but actively wrong. They have a child’s view of politics and civilian life. They want to govern by tantrum. But here’s their problem – we civilians are not in their chain of command.
The 17th Amendment has created a Senate that violates the intent of the Constitution—allowing senators to be more beholden to Washington than the states they claim to represent.
We need to repeal the 17th Amendment to restore the Constitution’s original balance of power, strengthen federalism, and make the Senate accountable to the states it was designed to represent.
https://t.co/sooR2UO0LC
Two top-20 accounting firms sold to private equity in two weeks: Crowe to KKR, Eide Bailly to Reverence at $1.8B. Dozens more since 2021.
As the big firms roll into PE platforms, the independent advisor who keeps the owner relationship becomes the scarce asset, not the obsolete one.
Go big or go home. What a stud. These are the shoulders of giants we stand upon. He could have whined and claimed he was "disenfranchised" but no he signs the Declaration of Independence with his home address. The equivalent of Cortes burning his ships, the wealthiest man in America personally declares war against the Crown for Liberty. These are men worth honoring and remembering.
This take is VERY American. And that’s why our country has a history of only getting serious about threats after it’s been surprise attacked with a high casualty count.
In the post nuclear age, we as the world’s super power are in a Catch 22 of sorts.
>Ignore threats to make citizens happy. Opening ourselves up to a mass casualty event.
>Proactively engage threats and make citizens angry.
Americans HATE war. We are at our very best when we are drug into them by providence.
Anything beyond that looks like a war of choice. And coming off the heels of two REALLY shitty ones in Iraq and Afghanistan, I get it.
But you guys don’t know how bad Iran really is. Most people don’t. I mean what I say when I say that it was only a matter of time before a “sum of all fears moment” happened in the U.S.
But you, me, and every other American are never gonna know that. Because it was prevented. All you get now is the higher gas prices and frustration that we’re still entangled there.
I won’t lie, it’s messy. But what’s messier? This or a ground burst low yield nuclear detonation in a mega city?
Up to you, but I know what my answer is.
On January 6th I followed the crowd into the Capitol and shouted. Police stood by the whole time, hanging out with us and sometimes directing us places.
At one point near the House Chambers I was walking downstairs when a trio of some special section, secret service looking men started pointing guns in my direction.
Confused and annoyed, I walked the other way and when I saw a normal police officer asked him why they were doing that.
He informed me a protestor (Ashli Babbit) had been killed, and advised me to leave the building.
I walked towards the exit and after a short rest on the bench I left.
I harmed nobody and damaged no property that day and complied with all police orders.
What I received for that was a pre-dawn raid at my parents house, where my 1 month post-partum wife and I were staying, on Biden's first day in office. His DOJ had signed the order to arrest me 3 hours after his inauguration.
In the subsequent weeks I received death threats online and harassing phone calls, something that would be ongoing for the next few years.
I was banned from Meta and Paypal. My wife and I were both debanked by PNC and banned from Airbnb. My wife was detained at the airport for hours with our newborn daughter.
I was charged with 4 misdemeanors and the 1512 unconstitutional felony. The government offered to drop the misdemeanors if I pled to the felony. The felony was a lie, so I refused and went to trial.
At trial the prosecution for 2 days straight was allowed to show footage to the jury of things that occurred around the Capitol I wasn't present for "for context." When we asked to put forward footage that contradicted the prosecution's "context" we were not allowed. They could show what they wanted, we could not.
Police officers were then put on the stand for the next 2 days who cried about their experiences. I had no idea who they were. They admitted they never saw me or interacted with me.
Nevertheless like every other J6er, I lost, and was sentenced to 4 years and $22k in fines and restitution. Yet even after the Supreme Court overturned the felony, the judge would not let me out until my misdemeanor sentences of a year were maxed out. Because she can't count she actually kept me in longer - to the extent she intervened at the last minute to make the prison release me on a Sunday, something that is against BOP rules. My family sat outside the prison gates the Friday before practically the whole day waiting in vain because of this pettiness.
But the government wasn't satisfied with their pound of flesh: after my release they took me back in for resentencing, to attempt to have me resentenced after the fact to my misdemeanors consecutively, so I'd be taken from my family again and have another 1.5 years behind bars. This time I won, as they had no legal precedent and it skirted on violating double jeopardy since I had served my full prison time. Even still, it cast a cloud over the holidays and cost me another 20k my family couldn't afford.
People ask whether prison was bad, and yeah of course prison sucked. It was a hard and violent place. I was present for a stabbing, and was lucky to avoid two fights and a race war.
But dealing with Biden's DOJ and the DC Judiciary was the real trauma - they would grind down your spirit by weaponizing the legal system and use the endless procedure to bankrupt you. I had nightmares for months after release that I had somehow been hit with new charges.
By the time I was pardoned by President Trump, I had spent literally every single day of Biden's presidency either in prison or under some form of supervision. I had incurred over $300k in legal fees and over $1 million in lost business.
It was a reign of terror, and yet it was a mere foreshadowing of what they had planned for anyone else who opposed them under Kamala. The country should never forget it.
Do you know what happened in the last 24 hours?
1. Late on Thursday night @FBI agents landed at New York Stewart International Airport with Mohammad al Saadi in handcuffs. Al Saadi, the leader of an Iran-backed Iraqi terror group is allegedly responsible for more than 20 attacks across Europe and Canada and for planning attacks in the U.S..
2. Jose Enrique Martinez Flores, who goes by “Chuqui," the highest ranking Tren de Aragua leader to be extradited to the U.S., also just landed in the U.S. in shackles. Flores allegedly oversaw TdA’s drug trafficking, extortion rackets, prostitution rings and murder operations.
Then, last night, in an operation that makes any fictional representation look amateurish, American operators, working with local Nigerian forces, killed Abu-Bilal-al-Minuki, the second in command for ISIS global operations, a man with the blood of countless innocents on his hands, including many Christians.
This is just one day in the Counterterrorism operations of President @realDonaldTrump.
We salute the intelligence professionals, Law Enforcement Officers, Diplomats, Military operators and support personnel who make these operations possible 24/7.
@WhiteHouse@DeptofWar@TheJusticeDept@StateDept
This was how I started my career in the military. The Die In Place (DIP) mission. In all likelihood you're not going to make it out alive. Now go fight like you mean to make every second count.
Even though our kids won’t see our love “grow old together” from an earthly stand point; they’ll see it from a Heavenly one. And I’ll tell them of our love story any moment I can.
Happy Anniversary to the love of my life.