Potential SMB buyers…here’s a secret you should know: No matter how boring you call the 🎯, it will not be boring. Particularly when acquiring with leverage. Also, regardless of what the CIM says you probably won’t be running it from home and almost certainly will not spend “only 10-15hrs” on the business. It’s not supposed to be easy. If it were, the last guy wouldn’t be selling it for a 2.5 multiple! Just know what you are getting into and get motivated, get a plan, and crush it! If the goal is easy SMB is not that. If you want to get rich and don’t mind the effort and learning involved, SMB can be that. Good luck!

Sometimes sellers will lie in the wrong direction and say they “work so hard”. Then you smile and find out they are only in 10hrs a week. 😃 rare, but it happens. In a service business you can find this risk by looking at the review sites. When every other comment is “Fred was so great…” that’s a sign Fred is doing too much, assuming Fred is the owner.

@SMB_Attorney So he has no intention of buying only some weird vindictive disclosure thing? That’s not chess that’s someone being a bully. Zero value being created here with this game.

Keep calm and sell covered calls TSLA

@garyblack00 Disingenuous not to include musk‘s overall favorability rating as an issue with the stock/sales/brand. It’s getting worse by the day.

@shawngorham If shopping for upfront bargain, perhaps. But buying new and using the Sec 179 deduction on the higher amount and then swapping out after 4-5yrs when warranty expires is also smart. The former generally comes with high repair costs. Those things are not cheap to repair/ IYKYK

@SamuelLJackson @kendricklamar @sza We need this character in a movie!

@GerberKawasaki Haha! It’s def not Palisades music

Quick reminder that it’s the weekend. Go for a ride, run, hike, etc. Get off the toxic apps. Enjoy.

@baldridgecpa Have they discovered any fraud yet? So far I thought it was just complaining about shit they don’t like.

@RealDanODowd @elonmusk @Tesla This is very strange. I’m on FSD at least 95% of the time and I have not seen any of that behavior. I can’t recall the last time I had a safety critical disengagement…at least months. How are you getting the car to perform so poorly?

@kylaschwaberow It is a bit odd that we just had the most bullish earnings call ever and now a week later multiple reports of declining sales throughout the Europe and China. Hard to imagine EM didn’t know these results.

X is much more chill when you mute Elon and crew/ Take back the algo and pay attention to your interests. Don’t let them in your headspace. 🧠

@ClintFiore 3 stages of wealth: *rents things *owns things *rents things

@Paul0Montenegro In what trades?

@jamesonhaslam When you come to OC be sure to say you are an OC company. San Diego not recognized here. 😎

@EndresenHeather “Free Speech” = ad hoc, made up facts. We are fact checking the lies in real time but no one cares. They are coming for it all.

@feelthebyrn1 @matsteinmetz Hands on the arm scoops on the steep stuff requires no change. I’ve even seen the pros do that at at st George for bits.

@Can2CG @shawngorham I believe that was round 2. The first version was a multiplier of payroll. Roughly 2 to 2.5 payrolls were covered if I remember correctly.

@OGLibster @SMB_Attorney @elonmusk @DOGE @smblawgroup Up until at least recently (haven’t checked current limits) $5M is the SBA maximum. Most deals done on Main Street are sub $1M.

@OGLibster @SMB_Attorney @elonmusk @DOGE @smblawgroup The program currently has a 1% default rate. Not at all like VC risk. We’re talking about plumbing shops and doggy day cares here.