The Ledger

Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.

clear all ✕

why aren't all 12 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable

Insight
Kaufman: A business is not profitable if the CEO underpays themselves
“One of the things that he says is that as a CEO of a company, if you're not pulling out the salary that you would be making as a hired for gun CEO somewhere else, then your business isn't profitable.”
Joe Kaufman May 20, 2017 ▶ 13:45 665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency
Assertion Not checkable as stated
Kaufman: Four holding companies own almost all global marketing agencies
“There are four holding companies that own almost all marketing agencies in the world.”
Joe Kaufman May 20, 2017 ▶ 5:35 665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency
Insight
Kaufman: Extreme labor efficiency ratios signal either burnout or excess headcount
“If you're running too hot with a high ratio, then it means that you're burning your people, and if you're running too low, then your profitability is really suffering, and you've got too many people.”
Joe Kaufman May 20, 2017 ▶ 14:45 665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency
Assertion Supported
Kaufman: Coca-Cola Has Achieved Water Neutrality in Manufacturing
“One of my clients that I had a relationship with needed help telling a story about Coca-Cola's new water sustainability efforts, and the fact that they are actually now water neutral in their manufacturing processes, which is a really big deal, and it's been a…”
Joe Kaufman May 20, 2017 ▶ 3:12 665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency
Disclosure
Agency Sparks Charges Upfront Vetting, Monthly Retainers, and Deal Percentages
“We traditionally were paid by the agency to put them through a very thorough upfront vetting process, and then we were paid a monthly retainer as well as a percentage of the deal.”
Joe Kaufman May 20, 2017 ▶ 4:13 665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency
Disclosure
Kaufman: Agency Sparks charges a $5,000 monthly retainer to marketing agencies
“5000 dollars a month per agency.”
Joe Kaufman May 20, 2017 ▶ 4:34 665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency
Disclosure
Kaufman turned down a $400k salary and $1.5M earnout to start Agency Sparks
“400 K plus an earn out of 1.5 million because they were in the middle of an acquisition situation.”
Joe Kaufman May 20, 2017 ▶ 6:22 665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency
Prediction Not checkable as stated
Kaufman: Agency Sparks will cross $1M in revenue in 2017
“We're going to cross a million.”
Joe Kaufman May 20, 2017 ▶ 10:13 665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency
Disclosure
Kaufman targets selling Agency Sparks within five years
“Yeah, I think five years and then sell.”
Joe Kaufman May 20, 2017 ▶ 15:44 665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency
Disclosure
Agency Sparks Requires 12-Month Contracts for Retained Agencies
“Yeah, it's a year deal.”
Joe Kaufman May 20, 2017 ▶ 4:40 665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency
Assertion Supported
Kaufman: TechTarget acquired Knowledge Storm for $58M after raising $100M IPO
“Tech target went public, raised a hundred million and then used about half of the money to buy knowledge storm. But I think we sold for fifty eight million.”
Joe Kaufman May 20, 2017 ▶ 5:06 665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency
Disclosure
Kaufman: Agency Sparks operates with two full-time and two part-time employees
“We have four employees two full-time and two part-time. In addition to me.”
Joe Kaufman May 20, 2017 ▶ 13:00 665: Blessed or Gutsy? CEO Turns Down $400k Salary to Launch Own Agency
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