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5 bookmarks by @sweatystartup

How to turn $1MM into a lot more: Buy a $2MM self storage facility. You’ll need $600k cash. Use $60k of your own cash (10% co-invest) and raise the $540k from limited partners. You own 10% of the deal but 1/2 the upside (the carry). Do this 10 times.↗

THREAD: I've been very serious about personal development for 10+ years. But not just reading... I've been putting the principles to work as I've grown and sold my business (7 figure exit) and built a real estate portfolio worth $20MM+. Here are a few of my top takeaways:↗

Amidst the chaos this year folks forget the following industries all had record sales / performance in 2020: Exercise / fitness Car sales Groceries E-commerce Electronics Video games Domestic appliances Furniture Ghost kitchens Online meeting platforms PPE suppliers↗

I’ve gotten a lot of bad advice in my career and I see even more of it here on Twitter. Time for a stiff drink and some truth you probably dont want to hear. 👇👇↗

·@sweatystartup·Jan 3, 2021·essay·career-advice·truth·twitter