Dave Putnam

[DataRepublican (small r) @DataRepublican]

Good points.

[Nayib Bukele @nayibbukele]

“Nuestros criminales son los mejores”, “nadie puede contra nuestros criminales”, “nuestro país es tan, pero tan grande que estamos condenados a vivir en el terror”, “ningún país grande puede acabar con el crimen”, “los países que son mucho más grandes que el nuestro con bajas tasas de criminalidad no cuentan”.

Las idioteces que se leen a veces. Pero bueno, cada quien cosecha lo que siembra.

Ojalá algún día piensen diferente.

[J.K. Rowling @jk_rowling]

Yes.

[Dave Putnam @dputanm]

I support this 100%

[Governor Cox @GovCox]

We’re proposing a statewide, bell-to-bell ban on phones in schools.

Phones are a distraction from learning, and not just in the classroom. Kids build social skills in the hallway, at lunch, and on the playground by talking to each other, working through conflict, and building friendships.

Schools that have adopted bell-to-bell limits are seeing incredible results. One principal told me the lunchroom got so loud they thought there was a fight. It wasn’t. It was conversation.

We can give kids a break from screens and give school back to students.

More here: https://t.co/nrSKxKjIXs

[Dave Putnam @dputanm]

Silver has had an incredible run. Currency is a hedge, not an investment. If you don't know what that means you may want to research before you join the bandwagon. Reversion to mean is most likely future trajectory.

[Dave Putnam @dputanm]

At the end of 2024 we had 18 people with over $1MM balances, most of these were field personnel. At the end of 2025 we hope to have 36.

[Dave Putnam @dputanm]

Our company has been an ESOP for 18 years. We did our first transaction in 2008. Every transaction was fair to the seller and buyer. It took us a while, 6-7 years, to understand how powerful an ESOP can be.

[Dave Putnam @dputanm]

Over the years the only thing I haven't liked about ESOP's is the high cost most people are paying to do transactions. It takes a little work, but find the reasonably priced consultants! Lower price gets you better quality in this instance.

[Dave Putnam @dputanm]

Here we go! Diving in! I'm hoping to be the ESOP guy. I have worked at Whitaker Construction for 26 years. We started our ESOP in 2007. We did it ourselves with just a little help from an attorney.

[Dave Putnam @dputanm]

The attorney was outraged when he learned we put together our first transaction without paying a bunch of consultants and bankers. It has worked out great! We have been told that every transaction gets audited by the DOL. We did the transactions to get to 100%. Zero audits.

[Dave Putnam @dputanm]

@Camp4 I flew recently on a plane from Salt lake City to Tennessee. There were about 7 families on board. Right across the aisle from me was a crying child. It was awesome! Great to see families doing the hard work of being families!

[Rock Chartrand @RockChartrand]

Capitalism doesn’t assume humans aren’t greedy. It assumes they are and refuses to give them power over others.

That’s the point.

Greed under capitalism is constrained by consent. You only get richer by offering something others voluntarily choose to pay for. If you stop providing value, the money stops.

Greed under collectivism is unconstrained. It’s backed by force. You get resources whether you create value or not, so long as you can moralize need or capture political power.

Also, capitalism doesn’t pit competition against cooperation. Competition is how we discover who can cooperate best. Every successful business is a massive act of cooperation with customers, workers, suppliers, and investors. It just isn’t coerced cooperation.

And the claim that capitalists never give back is empirically false. Private charity, philanthropy, reinvestment, and voluntary aid explode under capitalist systems and collapse under socialist ones.

What you’re really saying is this:

You don’t trust individuals to choose generosity. You trust the state to enforce it.

That isn’t moral. It’s just replacing voluntary cooperation with compulsory obedience.

[Dave Putnam @dputanm]

Contrarian take maybe... Advertise to your existing customers. Take your advertising budget and think of what they would want you to do with that money. Small repairs taken care of at zero cost? Lower percentage fee? For our company it is, we fix our mistakes for free. Low bar, I know. It is what our customers really care about and it shows they can trust we aren't trying to take advantage of them. Having your existing customers be wildly happy with the service you provide is Brand strength. Not your name being sat on on bus benches.

[Mark Durrant @DurrantMark]

When I think of all the money I've spent on my kids and the rate of return on that investment, I have truly come to regret the decision to have 4 children. I wish I'd had more.

[Spencer Cox @SpencerJCox]

In moments of darkness, look for the rays of light. From a friend: At the big intersection in our community, folks have set up with all sorts of encouraging, thoughtful signs + giving away free cookies. Every time I’ve passed, there have been different folks pulled over, neighbors chatting—I’ve seen lots of hugs and waves. People doing something simple to heal and provide space for others to sit with them in our collective grief. There’s a special spirit about it. It’s community.

[Moses Kagan @moseskagan]

When my forebears were being rounded up and thrown into death camps, American boys from every ethnic group and part of the country left their homes and families, crossed the Atlantic, stormed the beaches at Normandy, fought their way across Europe and stopped it.

And then they welcomed my family to their country, let us live in peace, and gave us every opportunity this country affords anyone.

No one is going to convince me their grandsons and daughters are my enemies. Not happening, no way.

[Gas Biz Guy @gas_biz]

The doomer accounts are such a waste of time

The last two years I've watched them pump out every excuse in the world why everyone else is rich and they are broke.

The same period of time I've also watched great operators build amazing companies. Learned a lot from them. It's admirable.

Both accounts are responsible for their own success or lack thereof.

My advice. Listen to the ones who have created something. Tune out the noise of the ones who are miserable and just want some company.

[Dave Putnam @dputanm]

@sweatystartup Seconded

[Dave Putnam @dputanm]

@mediaking Eufy. It maps your house. You can tell it appears to avoid. Some models mop too

[Dave Putnam @dputanm]

I would assume your AP process is cheaper than ours. Let's say it's $10/transaction to get things in, approved, and paid. That's equivalent the fees on $300 credit card transaction. So anything below $300 should be card pay upon completion. It costs too much to collect small amount

[Dave Putnam @dputanm]

Small jobs need to be cash at completion. Anything under $5,000 should be paid upfront or immediately on completion. Slow payers should pay in advance.

[Tyler Mumford - The Stump Guy @StumpGuyTy]

I have a contractor who’s always been horrible at getting me paid.

Not a few days, more like a month and a half of dodging me.

After my last job for him I told him I wouldnt do another until the first was paid

He threw a fit

Guess who just paid me so I could do a stump today?