I understand and that’s why I said standby. If this needs to be done, I will do it first and bear the consequences. But I won’t act out of emotion or without a plan. And not until we have devised a clear path to victory.
I interviewed the founders of P. Terry’s on Moneywise, Patrick and Kathy Terry.
They opened a 500-square-foot burger stand in South Austin in 2005, 90 days into their marriage, selling $1.60 hamburgers.
Today they’ve got 37 locations, 1,800 employees, and do $150-200M a year growing 20%+.
In 2016 a buyer offered them $70-100M.
They said no.
The only money they’ve ever taken in 21 years: just under $10M.
- $900K in interest-free loans to hourly employees
- Only $5K ever defaulted
- Every decision runs through the “Maggie rule” (woman on the grill for 21 years)
Instead of selling, they’re giving the whole company to their employees through an Employee Ownership Trust.
Fewer than 100 American companies have ever done this.
Full episode available everywhere.
It is perfectly understandable for Jews to want to undermine the Christian Bible.
They reject their Messiah - the Christ.
It is not at all understandable for Catholics to appoint a Jew as President of the CATHOLIC Bible Association.
A mosque is demolishing two 100 year old houses in UT's west campus to build a large mosque
The historic landmark commission learned yesterday that they have no power to stop it due to a new state law that gives religious organizations exemption from local historic commissions
Look, I'm still not the kind of priest to say things like "they're putting demons in the robots," but the chainsaw-wielding black drones with eyeball horns are making it harder to argue my case
> $195 MILLION **UNDER** BUDGET
> 5 YEARS **AHEAD** OF SCHEDULE
PUT THESE GUYS IN CHARGE OF LITERALLY EVERYTHING AND AMERICA WILL BE UNSTOPPABLE.
Completely insane story about how an NGO single-handedly got a dimmer requirement added to International Energy Code despite the council unanimously voting against it.
@AustinJustice Would it be a terrible idea to put stipulations in the contract that if the non-profits don’t achieve their goals they don’t get the full contract value?
Time to start taking to the streets and interviewing clients+prospective clients of NGOs.
@KXAN_News@KVUE@cbsaustin@fox7austin now is your time to shine.
Do it promptly, or else I will.
This is so heartbreaking. Joshua was one of the OGs in the Austin startup scene. Basically put it on the map with Capital Factory. We owe so much to him.
Rest in peace, Josh. We’ll keep the dreams of builders alive in Austin. 🙏
USA. A Mexican restaurant. We had not yet ordered anything, and the food was already arriving.
Chips. Salsa. Unrequested. Free.
I stopped the waiter. "We have not earned these."
"They just come with the table, man."
They come with the TABLE. In my land, hospitality is a debt. Every gift creates an obligation, weighed carefully, returned in the proper season with interest of feeling. Here, the gift arrives before you have even proven you can pay for dinner.
This is not an appetizer. This is a declaration: we trust you. Eat.
I ate with the gravity the moment deserved. And then — I must report this calmly — the basket emptied, and a new one appeared.
"Did we…?"
"Refill," the waiter said. "It's bottomless."
Bottomless. They have wells of salsa. The supply lines of this nation are beyond anything my ancestors imagined.
My friend warned me. "Don't fill up on chips, dude."
Too late. I had accepted three baskets. Honor demanded each one be finished — an unfinished gift is an insult. By the time my actual food arrived, I was a ruined man.
I was not hungry. I was not comfortable. I had been defeated by a courtesy.
Generosity that arrives before the request cannot be repaid. It can only be survived.
I know the rule now. I have made my peace with the basket. One basket. Two at the most.
Who am I deceiving. There is no number of baskets I would refuse. The trust of a nation is in that salsa, and I intend to honor all of it.
autonomous robot driving through the field at night. no chemicals. no pesticides. just UV light killing pathogens and pests while everyone sleeps. this is @tricrobotics.
this is what chemical-free pest control looks like at scale.
Whataburger sells to private equity
Pat and Kathy give P Terry’s to the employees to ensure the culture and values remain intact forever
Best burger shack in Texas will remain that way