“Pretty much almost every billionaire has been built through private equity, which is through their private company.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Jeff Sekinger
AssertionContradicted
Sekinger: Borrowers Need 21 Accounts for Perfect US Credit Score
“So you actually need to have 21 accounts to have a perfect credit score in the United States.”
Jeff SekingerJul 23, 2024▶ 37:14You Can't Shoot a Cannon From a Canoe and He Proved It at $60M
Insight
Sekinger: Leveraging credit for cashflow-producing assets is the fastest way to scale
“That's how you can start and scale quickly is by leveraging your credit to invest in things that are going to produce cashflow.”
Jeff SekingerJul 23, 2024▶ 43:48You Can't Shoot a Cannon From a Canoe and He Proved It at $60M
PredictionNot checkable as stated
Sekinger: NERP will generate $50M to $60M in 2024
“We'll, we'll do somewhere between 50 and sixty million this year.”
Jeff SekingerJul 23, 2024▶ 45:19You Can't Shoot a Cannon From a Canoe and He Proved It at $60M
Insight
Sekinger: Experiencing energy from opioids is a warning sign of addiction
“And I realized that the thing that you'll, you'll realize when you're going to be in trouble from opiates is when it actually gives you energy. So it actually gave me a bit more energy to in, in drive to want to do more things like lift more weights and work o…”
Jeff SekingerJul 23, 2024▶ 3:37You Can't Shoot a Cannon From a Canoe and He Proved It at $60M
Insight
Sekinger: You cannot shoot a cannon from a canoe
“You can't shoot a cannon from a canoe. Meaning you can't do anything big if your foundation is not solid. So you have to build a solid foundation yourself before you try to do these crazy things and help all of these people.”
Jeff SekingerJul 23, 2024▶ 28:41You Can't Shoot a Cannon From a Canoe and He Proved It at $60M
Insight
Sekinger: Early-stage founders do not need expensive business plans to launch
“What I learned from the, you know, the business plan company that I started was people don't want a business plan. They want to be able to actually queue quickly. And they honestly don't really need a rock solid business plan to start either. They need some ty…”
Jeff SekingerJul 23, 2024▶ 31:43You Can't Shoot a Cannon From a Canoe and He Proved It at $60M
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