Sieva Kozinsky
@SievaKozinsky
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Follow me for lessons on how to invest & generate cash flow for your life. Own 17+ businesses at https://t.co/ZVHgFAOAUo
San Francisco, CA
Joined June 2009
This company is selling sunlight. Seriously. The idea is that you open their app at night, click a button, and they use a satellite to beam light on your exact position so that you can see in the dark.
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Buying businesses is the quickest way to cash flow $500k+ per year. Here’s a 5 step process for buying your first business:.
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I used to stress about everything a lot. Then I adopted the “Last Time” principle:.
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Yesterday I met a Cuban immigrant. He moved to Miami with no degree. Learned how to be a plumber. Then bought his first truck…. 4 years later he has 5 plumbers working for him. He takes home $500k per year, and takes 8 weeks of vacation per year. He doesn’t take calls.
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Buying a business is the fastest way to make $500K+ per year. Here’s a simple process for buying your first business:.
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I met a guy with a plumbing business that cash flows $2M per year. I dug in to learn more. Here’s what I learned (and why we bought it):.
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I’ve raised millions of dollars via cold emails. Here’s my exact playbook that you can use:.
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We’re building a baby Berkshire Hathaway. The crazy part? We plan to pay 0% capital gains, compound w/ low taxes, and give our investors the same luxury. Here’s the playbook (that you can use too):.
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I'm a huge Buffett nerd. So I've read all of his letters. Here are 15 lessons from 15 years of Berkshire Hathaway letters & meetings:.
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I met a guy with a scaffolding business that cashflows $6.5M per year. I dug into the business to learn more. Here’s what I learned:.
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I met the owner of a swim school making $300k per year. I sat with him to learn about his business. Here’s what he told me:.
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I met a guy who sells $10M worth of trees per year. I sat with him to learn more about his business. Here’s what he told me:.
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Everyone thinks great returns come from great risk. But that’s not true. Here’s 9 examples of low risk, high reward investments:.
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Buying a business can be life changing. But how do you know that you’re not acquiring a bad business?. A guide on due diligence that will help you identify GREAT businesses to acquire:.
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I used SBA to buy $2M in cashflow with only $300k down. Here’s how I did it (and how you can too):.
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Today I Learned that the IKEA brand is owned by a non-profit. And they make $40 billion in annual revenue. This means they get to avoid a lot of taxes. Here's how they do it:
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I’ve hired hundreds of employees. Here’s my exact hiring playbook that you can use to hire great people:.
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A recession is coming. Here’s what I’m doing, and what you can do to prepare:.
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I met a couple who rents $4.85M of medical equipment per year. I dug into the business to learn more. Here’s what I found:.
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I was turned down from 3 VC fund jobs. So I started my own little VC fund. It’s up 500% within 3 years. Lesson: . if they close the door in your face, jump through the window.
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16 years ago I was fired. Today I own a holding company that owns 14 businesses. Getting fired was the best thing that ever happened to me. Here’s how to find a career that’s best for you:.
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Stop wasting money. Get a library card. These 6 free library resources will save you $10,000 per year:.
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I met a guy making $44M in revenue selling semi-trucks. I dug into the business to learn more. Here’s what I learned:.
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Here’re 12 questions to ask when buying a business:.
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I’ve seen thousands of startup pitches. Here’s my storytelling framework to help you raise money:.
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When he hires new plumbers he slowly trains them. Think of trade apprentices from 100 years ago. He takes his training very seriously. They all wear nice uniforms. He has beautiful logos on his trucks. He gets the trucks washed once a week. And spends zero dollars on.
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5 years ago I made a $25,000 investment in a couple smart kids at the University of Pennsylvania. This week they returned $1.1 Million to me. Startup investing is crazy.
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I’ve hired thousands of people in my career. Here are 5 types of people every startup needs to succeed:.
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I’ve made 80+ angel investments, including a $25k check now worth $1.5M and a $33k check now worth $3M. 10 lessons I wish I’d known before getting started:.
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I read all of Warren Buffett’s shareholder letters. Here are 15 lessons that will make you a better investor and operator:.
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Last night I met with a pension fund manager who manages $30 Billion. His words of advice: . “A recession is coming. Do not invest based on last years’ numbers.”. We talked about the San Francisco office building that sold for $300M in 2019 and is listed for $60M today. The.
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When your life feels stressful, remember: . There is a “Last Time” to everything. We are finite. Your struggles are finite. Your happy moments are finite too.
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At age 21 I was turned down by 240 investors. I still raised $2 Million for my first company. How did I do it? . I cold emailed 1600 investors. Of those 1600 people, 280 people agreed to do a phone call with me. ….
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Everything you should ask for when buying a business:
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On a similar note, in 2013, Norway built large mirrors at the top of a hill to get sunlight into a town inside a valley. (see pictures below). BTW if you like learning about business and investing concepts you can get more if you:. 1- follow me @SievaKozinsky . 2- sign-up for
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But everything has a “Last Time”. Your life is finite. At some point, every event in your life will be the “last time” you experience it. Think to yourself:. “How would I behave differently if this was the last time?”.
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Beware of lifestyle creep. It’s like a parasite. Its entry is innocuous, nobody notices it. But over time it takes over you mind. It becomes a prison of your own making. ☑️ Slightly nicer car .☑️ Slightly nicer home with a mortgage.☑️ Private schools. Now you’re.
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This is the most important clip in the All In podcast's history
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Many startup employees get screwed by their companies. The company isn’t funded as promised or they never get equity. Here are 7 things I’d require from the company before signing an offer:.
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90% of startups fail. Here’re 9 questions to ask yourself before joining an early-stage startup:.
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If you bought Crypto in the last two years this strategy will save you thousands of dollars. Make sure you do this before the end of the year:.
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If I lost everything and had to start from scratch, I’d start an HVAC repair business. Working in the trades is the best way to build wealth.
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This is the single greatest iPhone feature of all time:. Block all background noise to pick up only your voice.
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We’ve acquired 12 businesses at Enduring Ventures. Here’s our playbook for sourcing high-quality deals:.
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I used to stress about everything a lot. Then I adopted the “Last Time” principle:. Stress feels more acute when you don’t know when it’s going to end. - ‘my startup isn’t working’.- ‘investors don’t believe in me’.- ‘my child is crying’.- ‘my parents are annoying’. But
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Phil Knight wrote this manifesto in 1980 for Nike. It can be applied to every business today.
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This Turkish immigrant went from producing cheese on his family farm to building a company worth $2.1 billion. I love an immigrant success story…
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Do you want to buy a cash-flowing business? . I want to teach 5 people how we do it step-by-step.
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Your parents are getting older. What if this was the last time you saw them? . Would you act kinder, be more patient, spend more time with them?.
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This study is gross. But it proved a fascinating insight on how to train your mind:. In the 1950s, Curt Richter conducted experiments with rats. They were placed in water to see how long they would survive. Domesticated rats swam for days. Wild rats gave up after a few
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To get to $100k/year income, you only need one of these: . - 333 subscribers paying $25/month . - 7 digital products sales/day at $45 each . - 3 clients paying $2,900/month . - 30 hrs/week at $65/hr . There are unlimited opportunities. Start moving towards your goal.
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My favorite productivity hack:. 1. Before bed, write 2 key priorities for the next day. 2. Spend a few moments imagining the outcome of these priorities. Really picture it. 3. As soon as you wake up, start with the harder task .(I call this “eating the frog”). 🔽.
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Your child is crying again and you have to pick them up…. It’s exhausting, but what if this was the last time you picked up your child? . Would you savor this moment?.
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EBITDA is a worthless metric for business performance.
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The US Government wants YOU to own a business. Think of the IRS as one big incentive machine. The government decides certain activities benefit its citizens, and incentivizes us to act accordingly. Here are 8 good reasons to own a business:
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Angel investing is the worst experience. I invested $300,000 into a few companies 6 years ago. I just received my first payout of. $31,977.73. OUCH. If I had invested in the S&P500 that would be $600,000 today. Don't be like Sieva. Don't angel invest in startups.
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Here's a story of two different paths. One of my best Friends has a brother. This Friend was top of his class in economics, worked at KPMG, then Private Equity. His Brother left highschool early to become a plumbing apprentice. 10 years later. His plumber Brother owns.
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I once went to a networking event for investors. Everyone was standing around in their stuffy business suits making small talk. I look over and see this Indian man. Late 50s. He’s working the floor. He must have met every single person in that 150 person room. I’ve.
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An underrated business skill:. Reading P&L statements. There's hidden info in all of them. Here are 5 key things to look for in P&Ls:.
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I spend hundreds of hours meeting with cool companies. Here are my favorite businesses from the last 12 months:.
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LA real estate is wild. Broker: “the house is listed for $1.7M, it has renters in it.”. Me: “ok. if I buy, can I move into it?”. Broker: “probably not, sorry”. ??.
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MBAs are ditching consulting to buy boring businesses instead. Search funds are one of the hottest post-grad options right now for MBAs, according to the Financial Times. Instead of getting a corporate job, consulting, or trying to build a startup, MBAs are considering search
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in May 1997 eBay sold $500 Million of Beanie Babies. The price of some Beanie Babies jumped from $5 to $8,000 in a matter of months. This clip is a good reminder of the mania. (worth a watch)
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16 years ago I was fired. Today I own a holding company that owns 14 businesses. Getting fired was the best thing that ever happened to me. Here’s how to find a career that’s best for you:.
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I've said it once, I'll say it 100 times. Twitter is a magical place. 8-months ago I started to post. Since then I've:. Connected with 100+ investors. Built real friendships. AND raised money for a $12M deal. My story, and what worked for me ⬇️👇.
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1/ .Anyone can be an entrepreneur. You don't need to be Elon Musk or Jeff Bezos. I have a clear path for you to make $500k to $1 Million in cashflow per year. And, you get to OWN your company. These are the 5 steps to get you there. Step #1 of 5 - Buy this business 👇.
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I spoke with a guy who just raised an $800 million fund to buy boring businesses. Here are 5 lessons he’s learned about buying and operating companies:. 1. You must have a playbook. John & his partners noticed that most PE firms have an odd structure: Each partner runs their
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Twitter is amazing! . Here is Harry (age 26) meeting the CEO of a $200Bn company. If you’re not posting on here, now is a great time to start. I only started ~16 months ago and have met incredible people on here.
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A couple years ago, we acquired UpCounsel for $200,000. It was a great service, but with a broken business model and declining web traffic. In 2021, UpCounsel raised $3.8m at a $28m valuation. If you want to see a thread on the UpCounsel story, give this a retweet + like.
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I read an investment memo Bill Ackman’s firm wrote about Starbucks in 2018. They found that for every time they spent $680,000 to build a new US store, that store instantly added $7.44 million in value to Starbucks as a company. This is what a flywheel in action looks like.
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“I’m skeptical of the hype around Artificial Intelligence. Conventional intelligence is quite good” . ~ Charlie Munger
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Dennis runs a business making $3M per year. 😮. He provides internet for people's homes. It's pretty awesome, and here’s why:
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Facebook Groups is a powerful resource for investors and builders. But 99% of people are missing out on this gem. Here’s how to unlock the hidden value in FB Groups for your business:.
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This man built a billion dollar real estate portfolio - with ZERO investors…. Here’s a detailed breakdown of his strategy:
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When my grandparents came to this country they hustled so hard. First they cleaned houses together. Grandma cleaned the kitchen and living room, grandpa vacuumed and then scrubbed the toilets. They got paid $15 per apartment. They got paid another $5 to walk the dog for an
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NYT study shows best way to become a millionaire is to run a boring business:. - auto dealers.- home service (lawn care, painting).- boutique shop . Now you have the playbook. Time to take action! 🔥.
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@EricJorgenson I figured the image showing a spotlight with a 1 mile radius of west LA wouldn't actually be reality 😂.
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2. Learn Accounting. Buffett told shareholders in 2003 to learn accounting by reading as many annual reports as possible. If you understand accounting, you’ll understand how to invest. If you can’t understand the accounting, it’s because management is hiding something.
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I've raised over $50 Million in my career, and each time I raise money people congratulate me. Why?. Funding is an obligation, it's not a reason for celebration. Nobody congratulates you on getting a loan on your car. In the same spirit, we shouldn’t congratulate people for.
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4. The Root of Evil. Buffett sat on the board of Salomon Brothers, where he learned a lesson about money: Greed is not the root of all evil. Envy is. If one guy at Solomon got a $2m bonus, he’d be happy until he saw a colleague got a $2.1m bonus. Then, he’d be miserable.
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We’re building a baby Berkshire Hathaway. The crazy part? We plan to pay 0% capital gains, compound with low taxes on profits, and give our investors the same luxury. Here’s the playbook (that you can use too):. This strategy was pioneered by Warren Buffet and helped him build.
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Stress feels more acute when you don’t know when it’s going to end. - ‘my startup isn’t working’.- ‘investors don’t believe in me’.- ‘my child is crying’.- ‘my parents are annoying’.
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Go for long walks. At least two times a week. For an hour or more. If you’re a leader, you need time to clear your head, and think. While you walk don’t listen to a podcast. Just walk. And think. I get some of my best thinking done on long walks.
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This applies to everything: . - your last ski trip.- your last disagreement with your partner .- even the last time you battle your toddler to potty train them.
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Buffett prefers physical assets that produce something, like fertile land and oil wells. Gold could act as a hedge, but in the long-term it’s not producing any economic value. The best inflation hedge is a product or brand where you can raise prices to keep up with inflation.
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The Patels built a $52 Billion motel empire in 70 years. But it all started with a low-risk formula you can use today:. Most motels in the US are owned by someone with the last name “Patel”. They’ve been building an empire since the 1950’s. But it all started from humble
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Meet Matt - @ibuyrvparks. He’s the owner of an RV park making $150k+ per year. And he’s just getting started. It's a pretty cool business. Here's what I learned:.
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Sales gets a bad rap. But learning how to SELL will set you FREE. I used my sales skills to raise tens of millions of dollars, identify good investments. it even helped me find my wonderful fiancee! . You need sales to:.- help you hire great people.- raise money.- attract a
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Customers:. The plumbing business served two types of customers:. • Home owners who pay immediately–great for cashflow.• Commercial clients who pay more–great for margins. Your customers are the most important part of your business. A deep understanding of segments is key.
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Earlier this year I met a Cuban immigrant. He moved to Miami with no degree. Learned how to be a plumber. Then bought his first truck…. 4 years later he takes home $500k per year. He takes 8 weeks of vacation per year (completely un-plugged). He has 5 plumbers working for.
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The story of SVB makes me think of a late 1800s story…. About the richest banker in California. He famously stopped runs on his bank multiple times…
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Ken Fisher is an American billionaire. And the founder and chairman of a company you’ve never heard of. His famous quote changed how I think about investing:. “Time in the market beats timing the market.”. Here’s what I learned…
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1 - Find a business to buy. Here’s a landscaping company that looks promising. $2.6M revenue with $450K in normalized EBITDA.70% revenues from recurring work. Looks good to me, now we need to finance it.
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Acquiring lower-middle market companies is the best opportunity to build wealth right now. Here’s how Permanent Equity’s 2023 shareholder letter explained the opportunity:. - The market is huge: There are 350,000 US companies classified as lower-middle market ($5m to $100m in
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Want to live longer? . Increase your cardiac health. Measure the following:. Target Heart Rate (THR) = 200 - (your age) * 65%. Now hit your THR 4 hrs a week. You’ll live longer. Everything else is a distraction.
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2. Be an information vacuum . Warren suggests 500 pages a day. Don’t read analyst opinions. Read the primary source data (financials).
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They’d likely read the owner’s manual dozens of times and change the oil twice as often as recommended. We each receive one body and one mind. You can’t wreck it by age 60 and expect to be able to repair it.
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