Q we invest. Now we want to do more M&A. So we want to buy community-based businesses. What advice do you have to someone like me who, you know, is seeing a lot of traditional businesses that could basically apply this, you know, this new world, uh, on top of it, be it community-based or web three. Um, yeah, just what advice do you have to me to give to me?
A Well, first of all, I think it's brilliant. I was just on the phone with somebody talking about this. One of the guy's name is Alex Hormozzi. I don't know if you guys know him. You'd be good to have on your pod. He's, um, he's become a friend, but he just sold like 40, this is public, but excuse me if I fuck up the numbers, he just sold like 40% of his company for something like either 40 or sixty million dollars to a PE firm, and it was called Gym Launch, and what it was is, um, Education platforms to scale your gym up six figures, and they did eighty-five million dollars in revenue. Um, and he just sold a portion of his business, and now he started something called acquisitions.com, where he's basically buying unsexy community businesses and then helping them scale. So the first thing you should do, Greg, is definitely should let me into all your deals. I'll definitely be value-added, which is what I told Alex Hormozzi too. Um, but the second thing is, um, I think it's brilliant. Like, My play. I'm looking at one right now. That's an accounting firm, accounting business with 300 ultra high net worth, uh, um, clients. And I was like, wait, do you have educational, uh, products like layered on top of this? It's an eight million dollars a year business. He's like, no, like, oh my God, here's the products we could do. That would definitely juice you up to another four million dol…
AI assessment note: “don't just look at the sexy community businesses because those people are going to over inflate”