Nick Bezner

[Nick Bezner @NickBezner]

@PurpleDrink_LLC Not a series of higher lows and higher highs?

[Nick Bezner @NickBezner]

@cxgonzalez What do you think about the Eucharistic miracles across various decades where all were proven to be heart tissue (of the same section of heart with active and alive blood cells) with AB blood type and ended up converting the atheist scientists who studied them?

[Nick Bezner @NickBezner]

I think this is what happens everywhere: law, consulting, F500. You can just do more. And the need to drive revenue/outcomes becomes a requirement for everyone, not just the leaders or sales team.

[SMB Attorney @SMB_Attorney]

You guys don’t get it yet.

Everyone keeps saying AI is going to replace lawyers.

I don’t think people understand how this actually plays out.

Let’s say you use AI to draft a contract.

The contract misses something important. A year later it costs you two million dollars.

What do you do?

Right now, you sue your lawyer.

In the AI world, you’d sue the AI company.

Two things can happen.

Option 1: The AI company has liability for legal advice.

If that’s the case, every AI company will immediately stop letting consumers use AI for real legal work. The liability risk is massive.

Option 2: The AI company has no liability because of disclaimers.

If that happens, every state bar in the country will say consumers are being exposed to unregulated legal advice and call it the unauthorized practice of law.

And they’ll shut it down that way.

Either path leads to the same outcome.

Consumer AI will be limited to generic “Wikipedia-style” legal information and LegalZoom level document prep.

But the real AI tools?

Those will live inside law firms.

Lawyers will use them to move faster, analyze more data, and run way more matters at once.

The M&A lawyer doing 5 deals at a time will do 50.

Trial lawyers will run far more cases simultaneously.

The idea that AI replaces lawyers probably dies.

The more likely outcome is that AI supercharges the best lawyers and makes the profession even more profitable than ever.

[Nick Bezner @NickBezner]

@calvinfroedge Shrubs Razor cc: @PauloMacro @agnostoxxx

[🏴‍☠️ @calvinfroedge]

A few people away from 50k followers

Upon reaching 50k, a random follower who retweets this post will receive a free lifetime subscription to my blog posts

[Nick Bezner @NickBezner]

Worth your time to read. Have always respected Brent’s writing, and this may be his best yet.

[Brent Beshore @BrentBeshore]

https://t.co/p822634eiv

[Nick Bezner @NickBezner]

@jakewilliammo Market to architects and interior designers who work only with high end clients. They won’t have any issues at that price point

[Nick Bezner @NickBezner]

@NFL we will turn this off and any advertisers around halftime will not get their money’s worth. Know your customer. Be better.

[Robby Starbuck @robbystarbuck]

So the Super Bowl music is going to be a guy in a dress honoring transgenderism while mostly performing in Spanish and a far left band.

The majority of NFL fans don’t want this.

@NFL + @nflcommish are telling fans that they hate them & think they’re too cowardly to tune out.

[Jesse Tinsley @JesseTinsley]

CA WEALTH TAX MAN: Hey you. Congrats, you built a company. Tax season is going to be fun.

ME: Awesome. I already paid income tax on my salary.

CA WEALTH TAX MAN: Cute. This is a wealth tax.

ME: Wealth as in cash?

CA WEALTH TAX MAN: Wealth as in vibes.

ME: What does that mean?

CA WEALTH TAX MAN: It means your net worth is mostly your company stock.

ME: Right. I do not have liquidity. It is a private company.

CA WEALTH TAX MAN: Perfect. We love taxing things you cannot sell.

ME: So what do I owe?

CA WEALTH TAX MAN: One time, 5% of your worldwide net worth if you are over $1 billion.

ME: That is $50 million dollars.

ME: I do not have $50 million dollars.

CA WEALTH TAX MAN: That is a you problem.

ME: So I sell some stock?

CA WEALTH TAX MAN: If you can. If you cannot, you can borrow.

ME: Borrow against private stock? In this market?

CA WEALTH TAX MAN: Exactly.

ME: What if the company has transfer restrictions?

CA WEALTH TAX MAN: Then you can sell your house.

ME: I thought they said this was only for billionaires.

CA WEALTH TAX MAN: You can be a billionaire on paper and broke in real life. We call that progress.

ME: How do you even value a private company?

CA WEALTH TAX MAN: You estimate.

ME: Based on what?

CA WEALTH TAX MAN: Comparable public comps, last funding round, secondary whispers, super voting shares and whatever makes the number bigger.

ME: What if I estimate wrong?

CA WEALTH TAX MAN: Penalty.

ME: Do you tell me the right number?

CA WEALTH TAX MAN: No.

ME: Who audits it?

CA WEALTH TAX MAN: People who have never built anything and barely know how to use a calculator.

ME: When do I pay?

CA WEALTH TAX MAN: You pay starting next year. Or you can spread it over five years and pay extra for the privilege.

ME: So it is a "one time" tax but it comes with a payment plan and interest.

CA WEALTH TAX MAN: Now you are learning.

ME: What if my net worth drops after you tax me?

CA WEALTH TAX MAN: Hilarious.

ME: What if my company goes down 70%?

CA WEALTH TAX MAN: Still hilarious.

ME: What if I move?

CA WEALTH TAX MAN: We have residency rules for that. Good luck proving you left at the right time.

ME: This seems designed to force liquidation and force founders to leave..

CA WEALTH TAX MAN: We prefer the term “unlocking revenue.”

ME: So this is only for 200 people, right?

CA WEALTH TAX MAN: For now.

ME: For now?

CA WEALTH TAX MAN: This is how it always works.

CA WEALTH TAX MAN: First it is billionaires.

CA WEALTH TAX MAN: Then it is “centimillionaires.”

CA WEALTH TAX MAN: Then it is “anyone with a paid off house.”

CA WEALTH TAX MAN: Then it is “retirement accounts are a form of wealth.”

CA WEALTH TAX MAN: Then it is “emergency surcharge, just this once.”

ME: You cannot just keep expanding it.

CA WEALTH TAX MAN: Watch us.

ME: What is the moral justification here?

CA WEALTH TAX MAN: You succeeded while living here.

ME: I also already paid massive taxes while living here.

CA WEALTH TAX MAN: That was income. This is existence.

ME: So the crime is staying.

CA WEALTH TAX MAN: Correct.

ME: This is not a tax policy. This is a founder eviction notice.

[Nick Bezner @NickBezner]

@johnnieO Tennessee Christmas by Amy Grant.

Not a chart topper, but all time great for a cozy winter day with the fire on!

[Nick Bezner @NickBezner]

@GabeBock …but they should

[Nick Bezner @NickBezner]

@thecavedaddy @RynoAg The resume:

[College Football Report @CFBReport]

Best Resumes in College Football, according to ESPN FPI (SOR) 📊

[Barstool Sports @barstoolsports]

1-286

[Nick Bezner @NickBezner]

@legen_eth What about the 20 years of no payments that could then be invested? You need to factor that in, as well, no?

[Nick Bezner @NickBezner]

@Disney you have until Friday to figure it out with @YouTubeTV or else we are canceling

[Nick Bezner @NickBezner]

@HeismanTrophy @HeismanTrophy I want to vote for #MarcelReed

[Nick Bezner @NickBezner]

@mikefutia REELS

[Nick Bezner @NickBezner]

@_mattwelter You need to check out this podcast. Maybe some answers inside:

https://t.co/hKYo9pdjly

[Nick Bezner @NickBezner]

I literally make 200x+ ROI on my subscription every year. May be the only subscription I actually like paying for.

Yall keep hating, @jbulltard1 is legit 🤷🏻‍♂️

[jbulltard @jbulltard1]

I like how many fire back at me calling me a subseller. Call me whatever you want but do you know the skill required to have a business generating $1.8m with 1500 paid subs using a pseudonym? Embrace the fact I’m doing things with my life none of you ever could. Happy Sunday.

[Nick Bezner @NickBezner]

@shawngorham Awesome. I’m on day 62 tomorrow AM. Has been life giving!