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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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:
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.
No waiting for 10 yrs for a startup IPO π€
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 :)
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.
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