Chapter
The Importance of Profits
42:09 - 46:36 (04:27)
The speaker reflects on the importance of profits in the business world and how there can be a balance between emphasizing profits and creating a valuable product or service.
Clips
The hosts discuss a valuable research tactic of using online forums to gather information and insights on various topics, providing examples such as open salaries and buying land.
42:09 - 44:10 (02:01)
Summary
The hosts discuss a valuable research tactic of using online forums to gather information and insights on various topics, providing examples such as open salaries and buying land.
ChapterThe Importance of Profits
Episode#159 - Update on Michael Jordan's House, a Nine Figure Sex Toy Company & the Man with a Million Acres
PodcastMy First Million
The speaker reports that they have invested in 18 companies with a total deployment of around $1.5 million to $2 million, and predicts that out of these 18 companies, there will likely be two that are worth over a billion dollars in the future.
44:10 - 45:27 (01:17)
Summary
The speaker reports that they have invested in 18 companies with a total deployment of around $1.5 million to $2 million, and predicts that out of these 18 companies, there will likely be two that are worth over a billion dollars in the future.
ChapterThe Importance of Profits
Episode#159 - Update on Michael Jordan's House, a Nine Figure Sex Toy Company & the Man with a Million Acres
PodcastMy First Million
The speaker comments on a failed venture capital firm called Indie VC that invested in bootstrap businesses with a slow growth strategy, which the speaker deems an oxymoron.
45:28 - 46:36 (01:08)
Summary
The speaker comments on a failed venture capital firm called Indie VC that invested in bootstrap businesses with a slow growth strategy, which the speaker deems an oxymoron. The speaker also shares advice from someone who suggested investing in quantity rather than quality.