The Ledger, every show

“You could take all the money in the United States right now. You take all the money and you could divide it equally among everybody. Take all the money and divide it equally. And in five, 10, 15 years, you could argue about the timeframe. In five years, at lea…”

“Today the poorest people in America have a better life than the wealthiest people in America 50 years ago. They have better access to healthcare. They have better living situations. They have more amenities. They have better food. It trickles down massively, a…”

“AI will definitely over time make the business owners more money, not necessarily the AI companies.”

“These folks have not been in a Walmart in 10 years. They have, they just haven't been in one. They haven't looked at the average American. They have no idea what the average American thinks about, you know, looks for, eats does with their free time. They have …”

“The more well off a parent and family is, the more they coddle their kids, and the more they try to keep them from feeling pain.”

“And if this keeps up and interest rates stay high for another couple of years, It'll be no different this time, and a lot of people who do what I do and raise money from outside investors will go bankrupt, and the people who invested the money will lose the mo…”

“We didn't do paid ads until 2017 when we were over two million a year of revenue. It was sidewalk chalk.”

“Yeah, I would probably say 99% won't make its profitability, but in 90, but 90% will like be a loss for the founder”

“Twitter is changing so fast, and I think Elon is, Elon knows what he's doing, and he's chasing engagement, chasing daily active users, and it's going to point him towards a TikTok, Instagram type model. So I'm worried that we're going all video over time on Tw…”

“As a business owner, you can get really far with only delegating tasks. You can, there's businesses that I know of, friends of mine who own companies that are doing one, two, three million dollars a year of EBITDA, And they are the only decision maker at their…”

“Those things are not cleaned, built, maintained by software, and they never will be. There's a huge part of the world that is localized and physical and requires sweat and work.”

“I'm going to teach my kids how to handle money, teach my kids how to think about money, and I'm going to set them up with all the opportunities that I possibly could. Why would I do all this work to build this network, to build these companies, to build genera…”

“I'm going to teach my kids how to struggle with grace. I'm going to let them practice making decisions. I'm not going to put them in a bubble so that all the decisions are made for them and that they get out into the real world and it's time for them to make d…”

“When things turn around, there'll be half as many competitors. As there are right now, because over the last five years, everybody who has bought assets, no matter how well, how good of a job they do managing them has made money.”

“The guys who started the podcast with BiggerPockets, they are now raising fifty million, about fifty million dollars a month. They're raising from the BiggerPockets audience. Money to buy real estate and then they're syndicating and they're buying tons and ton…”

“The wealthy people that I know, the wealthy people in my town the ones with giant beach houses in the outer banks and private jets at the local airport, almost all of them did something boring underground utilities, a surveying company, HVAC business, you know…”

“I've never met anyone who wishes they'd had fewer kids.”

“I think we as a group will level up and we'll start buying companies. We'll start investing in more companies. We'll start advising more companies. We'll each build kind of our own personalized holding company.”

“An example is my property and casualty insurance company, which could be the biggest of all my businesses in, in 10 years.”

“Pest control, you know, one of my good friends at the club is a pest control guy. Just, he's got seven crews and he sits around and plays golf all day and makes 800 grand a year.”

“And there's appetite right now from private equity to buy big chunks of mobile home parks.”

“I would not have invested and advised on RE cost seg, which I think is going to be the one of the biggest businesses that I'll have done, you know, if we look back 10 years from now.”

“At our peak, we were doing about two point, 2.2 million a year of revenue. And we, I don't know, made 405 hundred K a year”

“I found out he's got like 70 bars and restaurants in North Georgia on his plan. He charges 10 dollars a month for the business to be in the bar. And he met, he nets 20,000 dollars a month doing this.”

“You can make anywhere from 30 grand to 200,000 dollars on some of these high end turf installs at people's houses.”

“That tweet got 1.4000000 impressions and it drove a hundred plus leads to somewhere.com and it was worth a quarter million dollars of marketing for us.”

“Like the deal that we built for 2.9 million, it's worth eleven million. Now I've made over two million dollars personally on that deal.”

“The HOA one got, Fifty million people saw it. This one got maybe 20, twenty million people saw it.”

“It was the, you know, the support shepherd experience in 2021 where I took a very minority owner, you know, affiliate deal at first and then became a minority ownership stake of what grew to be a massive company. Twenty five million dollar plus business now to…”

“We've done 76,000 dollars of revenue in the first three months”

“I just can't see the value of building a whole nother audience and being responsible for a whole nother newsletter. When I can, you know, yesterday's, or Monday's email, I highlighted bold SEO in the top of the email. We got 24 leads.”

“20,000 people have visited that landing page. 8000 subscribers have signed up for my newsletter through that one lead magnet”

“So back in 1990, 10% of people paid to have their lawn cut, like pay for somebody else to come and cut their lawn. In 2018, 44% of people paid to have their lawn cut.”

“And then you fast forward five years later, we had a business that was doing 2.5 million a year in sales and making 500 grand a year in profit. And we had half a million bucks after tax in the bank to go build a self storage facility from the ground up.”

“We moved in at one of our big portfolios. We moved in 140 tenants last November and this November we moved in 45 tenants.”

“Car dealership guy, his family owned a big bunch of car dealerships. He knows the business really, really well.”

“Most of my tweets are just tweets directly to me. Like, they're reminders and advice to me. I am giving advice to myself on the internet, and it just so happens that 315,000 people have followed me because they think it applies to them as well.”