Jake Schmidt Profile picture
founder @structuredagency @konstantkreative 📍NYC
Bradford 🇺🇸 Profile picture begrateful Profile picture 2 subscribed
Feb 6, 2023 11 tweets 2 min read
I discovered a guy making $480,000 by himself selling publicly available information.

His name is Alex West and he runs a company called Cyber Leads. Cyber Leads compiles thousands of recently venture funded companies from all over the world that recently raised a bunch of money, and sends that information as a monthly newsletter to subscribers.

The idea is fantastic.
Dec 15, 2022 16 tweets 3 min read
Winc - a $112,000,000 wine subscription box business - just filed for Bankruptcy.

I dove into their financials to figure out why, so if you’re looking for a case study showing why “good” companies fail, you found it! Image Here’s a summary:

1/ Industry and business model
2/ Financial review
3/ Why they’re losing
Dec 13, 2022 12 tweets 2 min read
You can't run a business without understanding your cash conversion cycle.

Here’s a quick guide: Image The Cash Conversion Cycle (CCC) is basically the amount of time it takes for a dollar to be turned into cash after it’s invested.

I’m simplifying a bit here, but let’s keep diving in…
Nov 23, 2022 13 tweets 4 min read
If you've ever heard the term "Brand Equity" and thought, "what the hell does that mean," read this...

To illustrate, let me show you how a $10 candle is sold for $125.

Answer this question,

Which candle feels more expensive? ImageImageImageImage Two of these candles are $25, one is $50, and the other is $125

But I bet you looked carefully at one candle and thought "that one is more expensive for sure."
Nov 22, 2022 19 tweets 4 min read
I discovered a guy making $4,800,000 selling bedsheets online with 6 employees.

That's a wake-up call!

Here's his story: Image Colin Mcintosh had a rough start in his career.

He was fired from his first job at the world's largest hedge fund after just 5 months, then laid off from his next two jobs all in the span of 2 years.
Nov 21, 2022 20 tweets 3 min read
Over the next 7 days, nearly $249,000,000,000 will be spent on Black Friday.

This is up 30% from 2020.

Here’s what you need to know about Black Friday: Black Friday, like most American holidays, has been commercialized to sell more products.

Valentine’s day was commercialized by Hershey’s to sell more chocolate.

Retailers commercialized Halloween to cure a fall sales slump.

Black Friday was commercialized the same.
Nov 3, 2022 22 tweets 4 min read
Balaji Srinivasan is the next Naval Ravikant.

He’s built $300,000,000+ companies,

AND successfully predicted the future twice.

Here are 7 of his frame breaking predictions for the future of the world: Image Prediction #1:
The 2000s were for tech companies,
The 2010s were for crypto protocols,
The 2020s will be for start-up cities.

What’s a startup city?

I’m glad you asked!
Oct 11, 2022 12 tweets 4 min read
In 3 years, Alex Hormozi took $1,036 and turned it into an $85,000,000 business.

Steal Alex’s 4 step formula to scaling your business.
👇👇👇 Image Here’s the Formula:

1. Scale the Entrepreneur
2. Scale the Market
3. Scale the Deliverable
4. Scale the Business

Let’s break that down...
Sep 6, 2022 14 tweets 3 min read
I worked with a client to scale her small Etsy store into a $40,000,000 business.

Year 1: $193K
Year 2: $1.4M
Year 3: $4.4M
Year 4: $8.6M
Year 5: $25.3M
Year 6: $41M

This is her story: For obvious reasons, I’m keeping her brand and identity anonymous. But everything you read here is 100% true...
Aug 16, 2022 15 tweets 6 min read
I recently discovered a new business model.

People are building fully remote home service businesses doing $500K+ per year from their couch.

Here’s the breakdown: It’s a spin on drop servicing.

Normal drop servicing is when you sell a digital service like web design but contract the work to another company.

This local model is way better…
Jun 28, 2022 31 tweets 6 min read
A German immigrant turns a measly inheritance into

💸50 billion dollar enterprise
🍻Sells 1 out of 2 beers in America

If you have ever drank a beer you are gonna want to read this. This story is about one of America's greatest business success stories. Anheuser Busch the brewery based in St. Louis started in 1852 when a soap manufacturer named Anheuser invested in a bankrupt brewery. Image
Feb 10, 2022 8 tweets 2 min read
First, I sold over 500,000 units with my ecom brand.

Then, I built an 8-figure agency.

Now, I’m buying smaller agencies and scaling to 9-figures.

Every stage has required different skills and mindsets.

These are the most important of them: 0 To 6 Figures

You do everything.

All the weight is on your shoulders.

You don't know if what you are doing is going to be a side hustle or will turn into your next big thing.

Still, you have to work every day like it’s gonna be a huge success.
Aug 25, 2021 15 tweets 3 min read
About 4 years ago, I started one of the fastest-growing trends in the toy industry: fidget spinners.

I wasn’t the inventor, but I think it is safe to say I commercialized it.

Here’s a thread on how I did it and how you might be able to copy my formula. First, some background:

In my late teens, I was obsessed with looking for underpriced attention, and Instagram “meme accounts” were the perfect example of that.

I was initially using these accounts to promote a real estate offer for a client of mine.