Almost all of my uncommon success, I can boil it down to doing the same thing for uncommon amount of time.
“The profit isn’t in the buy or the sale, it’s in the wait.” ~Charlie Munger
Yesterday, someone tried to debate me on soil erosion.
They stated regardless of the Farmer’s business practices, there would still be erosion. 🤭
This is false.
Soil organic matter acts like a sponge.
Proof:
One inch of rainfall per acre equals 27,000 gallons.
One percent of organic matter holds 20,000 gallons of water.
If a farm has 2% organic matter, that fame will hold 40,000 gallons of water per acre or 1.5 inches of rainfall BEFORE surface runoff.
Conclusion -a Farmers business practices ABSOLUTELY matters!
The best opportunity in business for me was doing work others thought was beneath them.
For example, when I first started in business I would pack my own products and ship them to the fulfillment centers.
I was competing against smart people. They were well funded.
The saying, “don’t work hard work smart” only applies when others aren’t smart. My competitors were smart. All I had was the ability to work hard. It paid off a decade later.
Government exists at the will of the people, not the other way around
Government is granted the privilege of existing, has no inherent right to act or exist
Only private individuals have rights.
Consent of the governed.
I’ve watched over 5,000 movies in my life.
Some lines didn’t just entertain me,
they rewired how I see the world.
11 movie quotes that reveal brutal
truths about life: 🧵
Yes, there are bad parents.
There are bad humans who don’t care about or support their kids as they should.
Those are the families we need public schooling for, and we need great humans who are teachers in those schools.
You are the best adults these kids see. Thank you.
Free markets don't eliminate problems—they create incentives to solve them. The profit motive has done more to improve human life than all the good intentions of central planners and political do-gooders throughout history.
You spent 6 years of time &’effort to build something to spend more time with them.
When you could have spent all that time & effort just being present with them.
😣
The difference between schooling and education is the difference between compliance and curiosity, between standardization and personalization, between institutional needs and individual potential.
When you finally realise that the prices of things aren't really going up, but the value of your currency is going down, you will see the world differently.
The left believes “public education” exists to indoctrinate your kids.
If you disagree they remind you that you can leave if you don’t like it.
By that they mean your kid can leave…your money has to stay with them because indoctrination doesn't pay for itself!
Employees should have a push(salary) and a pull(penalty) for liquidated damages.
Most businesses in the USA have 1-4 employees. These employees typically want compensated like a Founder, without the downside.
These employees are essentially partners in micro-size businesses without equity. There absolutely should be a push and a pull in their employment contracts.
PS: Ownership equity is worthless at this level. Any equity given at this stage is no different than a pension.
You’re failing as an Entrepreneur…
Want to know why?
How to scale you…
1.) You gain a professional skill.
2.) You localize your business.
3.) You take your business remote.
4.) You license your business ops.
5.) You begin investing in businesses.