Thread by @Codie_Sanchez

My video editor in Pakistan went from making $20-50 per video to $3-5k profit a month

How?

Every vendor I work with who is good, we try to help them setup their own biz…

Here’s how:

#1 I tell them to increase their price to me

So from $20-50 per video $25-55
Train a friend to video edit
Pay them the original price, keep the extra
Repeat

#2 Done this for editors, landscapers, accountants you name it

Because charity means I give and u only take but capitalism means we have a shared exchange.

I see your value and I pay you for it.

#3 My life’s mission is creating more free thinkers

The best way to do that is free people financially first.
Best way to do that is create owners.

#4 it’s why I let my employees invest in our deals

I want them to WANT to work for us, not have to.

That’s led to people working for less $ up front, staying longer and staying in my ecosystem for decades.

I’m a shitty boss often I’m sure but my people stay my people.

#5 Selfishly it increases great people’s likelihood to keep doing work for me.

The only thing that truly leads to profits? Your people.

I try to enable mine, not own them.

I’ve been owned before, it sucks.

#6 Who Will love you?

Buffett said it best at the end of your days you won’t care about how high your cash on cash return was.

You will care who loves you when you’re old decrepit and not useful anymore