It can also be more valuable than a college degree if you follow (and network with) the right people.
You get to look right into their brain and read a daily narrative of HOW they think.
Ok lets go:
10 years ago, Netflix spent $0 on original content.
— Shaan Puri (@ShaanVP) January 14, 2021
This year:
Netflix: $11B
Apple: $6B
Disney: $1B
+ amazon, hulu HBO etc.
=
$20B+
Here's a crazy startup idea to take a swing at this $20B+ content pi\xf1ata. \U0001f447 Here's a quick business plan \U0001f914
When buying a deal, every day that goes by, the potential for tunnel vision grows.
— Chris Powers (@fortworthchris) January 7, 2021
Obsessing over executing detailed Due Diligence early and efficiently is paramount to limiting this.
THREAD: 10 significant lies you're told about the world.
— Julian Shapiro (@Julian) January 9, 2021
On startups, writing, and your career:
Closed a smaller portfolio purchase last week.
— Jillian Jaccard Murrish (@JillianMurrish) December 9, 2020
What: Secured used auto loans
Originators: 3 dealers
Servicing: Released
Target IRR: 22.8%
Downside IRR: 16.1%
Size: $586k of principal
Duration: 16 mo
Purchase Price: 88.1%
1/
Most of success in life and business comes down to one thing:
— Andrew Wilkinson (@awilkinson) January 13, 2021
Avoiding stupidity \U0001f921
Charlie Munger says to invert: \U0001f645\u200d\u2640\ufe0f
Look at all the dumb things that others do to ruin their lives, then avoid those things...
1/ An Allegory of Finance
— Sahil Bloom (@SahilBloom) July 18, 2020
I have been posting a lot of educational (and humorous!) threads on finance, money, and economics.
My mission is simple: to demystify these concepts and make them accessible to everyone.
All of the threads can be found below. Enjoy and please share!
1/ "What I've learned" meta-thread
— Austin Rief \u2615\ufe0f (@austin_rief) December 17, 2020
I enjoy posting content on running a business, leadership and what I've learned along the way.
I will continue to add as I share more. Feel free to share with others!
Dont know this Bldg but I think its impressive apartment conversion
— Bobby Fijan (@bobbyfijan) December 12, 2020
Entry doors are ~20 feet apart so had to add SF to units. Demoed hallway floor & added stairs inside. Stacked bathroom on top of kitchen. Window AC
Funny, this is very scalable way to do hotel to MF conversions https://t.co/sviREFobzh
Most people don't set themselves up for success
— GREG ISENBERG (@gregisenberg) January 18, 2021
Examples:
1. If you want to start a podcast, you should start with a Clubhouse room
2. If you want to start a Substack, you should start by tweeting
Key to success: Crawl. Walk. Run
Friends who bought their *very first* crypto on Jan 2 are considering quitting their jobs and trading crypto full time.
— Tyler Reynolds (@tbr90) January 17, 2021
They happen to be up >2x in that time bc "someone" recommended ETH, SNX, and AAVE on Coinbase.
These people have no idea what a hardware wallet is. https://t.co/bVBmCsibhP
I spend a lot of my time in life thinking about personal finance and tax optimization.
— Mitchell Baldridge (@baldridgecpa) December 2, 2020
See my longer tweets in a thread of threads below. I\u2019ll keep this pinned and updated as I continue sharing ideas.
Three ways to write a viral tweet:
— Matthew Kobach (@mkobach) January 19, 2021
1) Subvert conventional wisdom.
Take a known truth and tell everyone why they\u2019re wrong. The people that agree will retweet, while the people that disagree will comment. The more insightful the observation, the more impressions you\u2019ll get.
Great career advice from @stevesi
— Garry Tan (@garrytan) January 12, 2021
Think in 5 year timescales
What will define those 5 years? e.g. This person is really good at X. (For Steven it was writing long emails)
Create something, get it to market, and then fix it. Repeat.
Then you become truly great at your craft
My top 10 tweets of the year
— James Clear (@JamesClear) January 1, 2021
A thread \U0001f447
An NBA role player turned his $350,000 salary into a net worth of $600M.
— Joe Pompliano (@JoePompliano) August 14, 2020
Time for a thread \U0001f447\U0001f447\U0001f447
I love real estate niche strategies:
— Brad Johnson (@bradleyjohnson2) July 30, 2020
- Mobile home parks
- Self storage (retail conversions)
- Cell towers / Data centers
- Cold storage (spin on industrial)
- Lab space
Common trait: Sticky tenants & low ongoing capital.
What are some other emerging real estate niches?
Black homeownership is lower today than in 1968 when legislation outlawed housing discrimination.
— Shonda Dimes (@AyeshaSelden) October 1, 2020
I said it\u2019s lower.
Today.
Than it was in 1968.
A few guiding principles for a new CEO\u2019s 1st year at an acquired company:
— Tim Ludwig (@tsludwig) January 12, 2020
1. Do no harm. You (or the investors) bought a good business. Don\u2019t mess it up.
2. Look for low-hanging fruit, especially things that will make a positive impact on team morale. Can be as simple as...
Starting a business, but don't know what your mission is? How about: making your life better.
— Courtland Allen (@csallen) April 18, 2019
Working on the things you enjoy, at the pace you set, from wherever you want, with the people you love, so you can be happy\u2026 these are perfectly fine reasons to start something.
Worthwhile exploration of private equity, including history, fundamentals, and dynamics: https://t.co/z6Iac25ORe
— Brent Beshore (@BrentBeshore) January 18, 2021
Difference between publics and privates?
1) Information discovery, access, control
2) Perception of decreased volatility
3) High transaction costs
The greatest moment of my startup was on the day we sold, when I reached out to two of our earliest investors who asked for their money back:
— Nikita (@nikitabier) January 15, 2021
I sent them a breakdown of how much money they would\u2019ve made.
How long it takes to become a millionaire if you invest:
— Brian Feroldi (@BrianFeroldi) January 16, 2021
$100/month \u27a1\ufe0f ~45 years
$500/month \u27a1\ufe0f ~31 years
$1,000/month \u27a1\ufe0f ~25 years
$5,000/month \u27a1\ufe0f ~10 years
$10,000/month \u27a1\ufe0f ~6 years
If you want to speed up the process,
focus on your savings rate
\U0001f914 Thread: More of the wrong thing is less
— Kevin Dahlstrom (@Camp4) January 5, 2021
(or, how I stepped off the hamster wheel)
I\u2019m going to share a personal story with hope that it inspires at least one person to re-examine their definition of success \U0001f447
Updated @geltinc track record from inception. Accredited investors welcome to participate! Excited for the next decade of compounding! pic.twitter.com/RUGnqsoqsO
— Keith Wasserman (@Keith_Wasserman) October 24, 2020
Good writers don't magically wake up with gorgeous prose in their head so whenever you see a beautiful sentence, know that it's the result of a painstaking editing process
— David Perell (@david_perell) January 18, 2021
A trend I want to see more of:
— Matt Bennett (@LongvueMatt) August 7, 2020
Hungry operators scaling what they uniquely do well, to build a portfolio/holdco of long-term companies
Supported by permanent growth capital (NOT supercharged VC or inflexible/impatient private capital)
I call this \u201cbootwrapping\u201d
Be good to your employees always, and especially today: it's the highest organic traffic day for new jobs of the year.
— Amanda Orson (@amandaorson) January 4, 2021
And if you *are* hiring, post or amplify your jobs this week to take advantage of peak season eyeballs. https://t.co/GSPT0kFOlz
My favorite metric to watch when building excellent operations is GM/Employee.
— Josh Schultz (@joshuamschultz) January 18, 2021
We grew this by 75% in 3 years at my former co through systems, issue / problem solving, and building internal tools.
Understanding how well you do in relation to your labor is key.
More capacity !
A saying I\u2019ve thought a lot about in my work is \u201cChips on shoulders put chips in pockets,\u201d from @wolfejosh - I see it often...
— Dr. Julie Gurner (@drgurner) January 19, 2021
...but the saying only works, if the anger & frustration are channeled in the proper way. A quick thread. 1/
When things are going well it\u2019s easy to go forward with a property \u201cjust outside your metrics.\u201d
— Dan Hagberg (@dan_hagberg) January 12, 2021
Goal of 2021 is to GROW but never lose discipline or make exceptions on a self storage property. We haven\u2019t picked a loser yet and I intend on keeping it that way.
My most popular tweets on real estate, self storage and entrepreneurship.
— Nick Huber (@sweatystartup) October 21, 2020
A thread...
I got serious about Twitter on April 12th 2020.
— Nick Huber (@sweatystartup) January 15, 2021
Since that day:
I've raised $5MM and met with over 200 future investors in my real estate deals.
I've done $75k worth of consulting.
And I've met mentors and friends I'll carry with me for life.
What worked for me \U0001f447\U0001f447\U0001f447
A Twitter hack:
— Nick Huber (@sweatystartup) January 18, 2021
If you see a great tweet getting a lot of traction, jot it down, think on it, make it better, re-write it and schedule it for a month from now.
1. Let's start option selling learning.
— Mitesh Patel (@Mitesh_Engr) February 10, 2019
Strangle selling. ( I am doing mostly in weekly Bank Nifty)
When to sell? When VIX is below 15
Assume spot is at 27500
Sell 27100 PE & 27900 CE
say premium for both 50-50
If bank nifty will move in narrow range u will get profit from both.
Few are selling 20-25 Rs positional option selling course.
— Mitesh Patel (@Mitesh_Engr) November 3, 2019
Nothing big deal in that.
For selling weekly option just identify last week low and high.
Now from that low and high keep 1-1.5% distance from strike.
And sell option on both side.
1/n
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
Already giving more than 2% return in a week. Now I will prefer to sell 32500 call at 74 to make it strangle in equal ratio.
— Mitesh Patel (@Mitesh_Engr) February 7, 2020
To all. This is free learning for you. How to play option to make consistent return.
Stay tuned and learn it here free of cost. https://t.co/7J7LC86oW0
Our Hans Kristian Andersen working with Jens H. Kuhn, Sina Bavari, Robert F. Garry, Stuart T. Nichol,Gustavo Palacios, Sheli R. Radoshitzky from USAMRIID and Fort Detrick to tell more fairy tales? Full emails listed for queries...https://t.co/kLRoQTxiGD pic.twitter.com/uHNuGraPP2
— Billy Bostickson \U0001f3f4\U0001f441&\U0001f441 \U0001f193 (@BillyBostickson) August 26, 2020