He makes $50million (profit) a year with a chainsaw?

We’re messing around with these shorts on tik tok.

Tell me what do you like/not?
Here’s the TLDR bc tik tok is ADD as f*ck

Get an Unfair advantage
- he is a vet
- so he is able to apply for specialized contracts with a higher likelihood to win
- he also subcontracts other vet owned businesses to help them vie for these contracts (smart)
Find an Angle

- the govt needed help clearing land for utilities
- apparently this is an angle they outsource (twitter verify for me?)
- general land clearing is a different story
Borrow the experience

- he had an LLC structure but DID NOT have any experience
- so for the contract brought on two consultants on a pay if win basis
- a team of no experience & two consultants won their first multiple million $ contract
Get the Govt $

I had no idea the amount of money available from government contracts. Who else has played this game?
Lesson: It’s not always B2B or B2C could be B2G.

And Uncle Sam had deep pockets.
Questions:
- he doesn’t want his name or name of company public, do y’all still like to hear the stories if you can’t know the human?

- how much detail do you want?

if you like super long explanations hit the newsletter in bio. 🥊

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More from @Codie_Sanchez

30 Jul
That one time I missed investing at series A to a now $2.4Billion psychedelics company?

And other lessons learned in psychedelics investing:
Oh did I mention Peter thiel also backed it?

And it would have been 6-7x in 12 months.

Ugh.Le sigh.
In <10 minutes, we talk about psychedelic profits:

- my first psychedelic journey

- Why the industry is booming

- Why I am starting to believe it’s the next frontier of the mind

- How I missed a 2 Billion Psychedelic exit?

- what 6 stocks made me 900-3000%
Read 4 tweets
26 Jul
I've been investing for 13+ years.

The single most important thing to investing well?

What I wish I knew in the beginning?

DEAL STRUCTURE: 5 things to know a 🧵
#1 Dealflow is great, but structuring is KING.

Doing a deal w/o knowing structuring is like signing a prenup w/o reading it.

When you structure a deal you need to understand the terms and where you have leverage. Here are some easy places to start:
#2 Term sheet is ONLY the starting point.

Would you go to a swap meet & not negotiate?
Don't invest in a company w/o negotiating.

If you LOVE a startup, go ask an investors w/ 10+ years experience, how's the structure look? Could I protect my downside or increase upside?
Read 9 tweets
26 Jul
Why I love buying businesses 10x vs Real Estate 🥊

A standoff - why I think now is the time for SMB not RE...

#dontatme
#1 Ummmm, overhyped market anyone?
No one is great at predicting highs or lows. Including us

BUT

Is this commercial RE prices chart higher than Bezo's rocket?
#2 What about residential, you say?

Pick a city, just about any city. Want some coffee w/ that frothy market?
Read 9 tweets
24 Jul
What I wish I knew as an investor 20 years ago??

Speak your truth... even if your lips tremble.

The deals I could have saved $52M+ on:

If I wasn’t so scared... a🧵
In finance MD typically stands for:

Most D*ckish.
Mr Don’t
IDK but managing directors to analysts were the worst

I underwrote a CPG deal, and saw more holes than cheddar cheese.

Presented the findings.... and got told by 2 MD's to pound sand.
What happened?

That company went on to raise:
$52 million dollars
Burn all of it
Return nothing

Is it bad to say I told you so at that moment? Ya....
Read 9 tweets
22 Jul
How Lebron ACTUALLY became the NBA's 1st billionaire?

Spoiler it was not through dribbling.

It’s through EQUITY in normal biz's not fancy endorsements...

A 🧵...
James does do endorsements...

- aka Give me money and I talk about your product
- he’s bigger on ownership w/ equity

So if you want to do a deal with Lebron - you gotta give him skin in the game.

My favorite way to do deals.

Wanna know wha he owns?
#1 Doubles down on wha the knows.

SPORTS.
- Part owner of the Boston Red Sox AND Liverpool Football club
Read 9 tweets
21 Jul
Uber: Valued at $85 billion, loses $500 million per year

My Laundromat: Bought for $100k, nets $67k per year
If you’re into businesses that actually cashflow…

Free newsletter for ya:
contrarianthinking.co
Couple tricks to make this happen:
1) off market deals (go door knock most won’t)

2) don’t buy RE w/ it but lock in 10-12 year lease

3) find your angle - I’m a local community member, and usually leave their name on the door sellers like that
Read 5 tweets

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