If you want to really get rich (and be happy) as an investor.
You need to understand one word: structure.

The way you setup your deals can kill or be your secret weapon. I obsess on this..

A thread on coolest structures to steal from Twitter investors:
A baby berkshire aka a holding company, this is how I structure my own investments to some degree buttttttt @XavierHelgesen nailed it.

Study this for how to save millions:

There is a thing called a zombie investment in VC land, a company that'll never be a huge exit that just wanders around forever.

VC's hate them.... @awilkinson knows how to buy them at a discount and nurture them.

I love that model.
A VC, an airstream, 150,000 miles, and startups meets Mainstreet businesses outside the valley.

If I had to start another VC fund, I'd probably do it @paulsingh way, just for the fun of it.
One of the most miserable parts of investing IMHO, is fundraising when you first start.
- 1 million mtgs
- 1 million+ NO's
- Repeat the same lines until even you want to tell yourself NO

So if I was new, I'd do it @ShaanVP way. 1 tweet to millions.

One of my mentors runs a HF I sit on board of, you CANNOT find him on the internet except linkedin.
- he's speaking at my conf but no photos or videos
- he runs billions, has made 100's of millions personally
- and no one knows him
He has a few large clients. That's it. Dream.
@cathiewood took a huge risk in her structure (all public all the time) every trade published every day.

That transparency paid off. She now doesn't have investors she has a cult.

Building a cult sounds cool.
One of my investors was from Cerberus (billionaires) who built a PE fund that really did 1 thing
- could handle fighting w/ people ALL the time
- turnarounds, failing co buyouts, lawsuits

I'd have a heart attack running their funds but they print $.

Doing the hard thing pays.
I might start my own syndicate to allow people into some of my deals. Stay tuned.

I'm trying to be smart on the how.

Practice what I preach.
I've spent a year REALLY analyzing if I build another investment co what would it look like? How would :
- I have fun doing it for 50 years
- it be easy &strategic
- highest chance for outsized returns

Lots of $ being thrown around, gotta ask yourself, am I doing it right?

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More from @Codie_Sanchez

14 Oct
We launched a course and made $82,700 in 4 weeks...

Our model was do a thing (create a $1M newsletter biz), then create a course on how you did the thing ($1M newsletter course).

Here's what we did right and wrong so you can copy us: Image
I was clueless when I started Contrarian Thinking.

How clueless?

Like grope-in-the-dark-and-bang-your-shin-against-the-couch clueless.

A one woman show who had a full time job and no idea about internety-things.
So I got started and tried a bunch of things.

Many things worked well, but lots of other attempts failed.

So when contrarians began to number in tens of thousands and we began to hit 5, 6-figure months in revenue, all within a year, I figured was doing something right.
Read 21 tweets
14 Oct
My last deal I spent $23,700 on legal fees.

But they saved me potentially 6 figures +

As much as it pains me, don't skimp on the law

How to hire lawyers that are pros w/o breaking your bank acct

A THREAD:
I asked a guest to come on today for this thread: @SMB_Attorney

- is giving us his secrets as an attorney... for what a GOOD attorney can do, and what to ask for from yours...
Hiring an experienced but reasonably priced lawyer for your deal is a mission-critical task.

As a veteran searcher recently put it, every buyer pays for legal in the deal cycle....

It's just either upfront to a good attorney or after closing in regrets.
Read 18 tweets
13 Oct
An investment syndicate that actually cashflows?

No waiting for 10 yrs for a startup IPO 🀞
No hoping your companies don't run out of VC's to pump $
No 100x, just slow & steady cashflow

My lane is boring biz's, profitable, straightforward and we help 'em grow.
I'm thinking of allowing investors into deals for the first time. Most biz's are my $, or big investors.

Twitter thoughts? Would ya'll theoretically be into it?

Needs:
- accredited
- prob need $25k+ to play
- not be obnoxious
- understand investing is always risky
Also, fair warning if I did this, it'd be:
- small investor base
- very regimented w/ set investor communications
- no 1-1 calls/emails
- no pitches
- quarterly updates
- team in place for IR not me

I ran institutional inv biz's for a long time. Not doing that again :)
Read 4 tweets
11 Oct
So you want to get paid *ahem WELL* to write for a living?

Rad.

We need 1-3 writers who are:
- Annoyingly curious - to research, compile data, & tools
- NOT BORING ie can make things like car washes sexy... surprisingly hard
- DO SH*T on time *rare
Depending on company/article we pay:
- $150 - $1000 per article
- or retainers of $1000-5000 a month
- and if u r a unicorn FT
PLZ do not email below if you haven't read contrarian thinking first.

Our writing is serious, really good (wink) & not for amateurs.

Aka - don't waste your time writing vanilla.
Read 4 tweets
11 Oct
The key to running multiple businesses at once:

Hiring an Operator

How do you do that? Time for a thread:
Why hire an operator at all?

It's only natural to assume no one can take better care of our assets than us.

Especially when the assets in question are businesses.

That’s why it’s common to see a lot of micro-managing from owners in their first business acquisitions.
But what happens when your portfolio expands to 3 companies?

Or 5, 10, maybe even 20?

Will you still involve yourself in the day-to-day running of each one? Will you even be able to?
Read 15 tweets
2 Oct
How do I know inflation & market bubbles are here?

You can buy a Lambo new for $200kish new.
Rent out for $$$, then turn around and sell it for $220-250k.

Carbitrage.
Met a guy in Miami.
- Rents out 30 supercars
- Makes $13-40k a month per car
- living every 16-year-old kids dream
- Ex: 2011 rolls royce ghost - bought in October $109k w/ warranty, 10k miles
- retails for $129k to sell
- the car rents out during busy season nov-may
- $1200 a day
-car is out 13-30 days a month,
- in slow season 7/8 days

= $15-36k a month rev
Read 8 tweets

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