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Recent content by Bones81

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  1. Bones81

    Exiting the Slowlane by Buying a Business

    EXECUTION SLOWLANE 
    Yeah, I think that's just the way most people market, always making it seem a bit easier than it seems. The thing I like about her is they present plenty of real world examples, so it does a good job of opening my mind to possibilities and having a more creative and positive mindset when it...
  2. Bones81

    Exiting the Slowlane by Buying a Business

    EXECUTION SLOWLANE 
    Speaking of Cody, they sent out an email today about the trucking business. This is one I've considered before as it doesn't require you to be a rocket scientist to understand or operate. I'm going to dig in a bit more to understand what the industry looks like with gas prices the way they are...
  3. Bones81

    Exiting the Slowlane by Buying a Business

    EXECUTION SLOWLANE 
    Yeah, I'm on her mailing list and they provide some useful info. Recently had an article about purchasing parking lots, bringing in all the automation tech that boost revenues and eliminate employees and making really good returns. No rocket science or reinventing the wheel there, just solving a...
  4. Bones81

    Exiting the Slowlane by Buying a Business

    EXECUTION SLOWLANE 
    I'll do both. Before I can approach anyone, I'll need to know which lawyer, accountant, business appraiser, bank, etc. that I'll be using. So next step is to reach out to these various individuals and start interviewing them. I'll also need to define the types of businesses that I'm looking for...
  5. Bones81

    Exiting the Slowlane by Buying a Business

    EXECUTION SLOWLANE 
    I've considered real estate but haven't really dug into the numbers to see how the returns on something like a multi-family unit compare to businesses I could buy with the same funds. Perhaps now with the economy slowing down and interest rates are driving some people out of the market, RE might...
  6. Bones81

    Exiting the Slowlane by Buying a Business

    EXECUTION SLOWLANE 
    Thanks for the feedback. As far as the down payment, the most I'd probably do is $250k. That would leave me with a decent amount of liquidity outside of the business, or money to use to grow the business. I'll have to spend some time deciding how much leverage I want to take on. The potential...
  7. Bones81

    Exiting the Slowlane by Buying a Business

    EXECUTION SLOWLANE 
    I found a generic personal strengths and weaknesses template and have started my analysis below: Strengths What advantages do you have that others don't have (for example, skills, certifications, education, or connections)? • Finance degree, passed level 1 of the CFA, previously held Series...
  8. Bones81

    Exiting the Slowlane by Buying a Business

    EXECUTION SLOWLANE 
    Sorry I missed this; I'm still around. I took the advice of some you here and have spent the past 2 years travelling and having some fun. I wound up meeting my wife and following her all over the world during the pandemic. We recently got married and are in the process of applying for a green...
  9. Bones81

    CULTURE OF IRAN

    OFF-TOPIC 
    I've met plenty of Persians in Houston who fled when the Shah was overthrown in the 70s. They are proud of their culture but despise the current regime and what they've done to the country, particularly when it comes to women. They never go back to visit for fear of being imprisoned while there...
  10. Bones81

    Drug dealer in the slow lane looking for a change

    INTRO 
    Street Pharmacist. Sorry, been watching Better Call Saul lately.
  11. Bones81

    Elon Musk to Acquire Twitter, Definitive Terms Reached!

    HOT! MARKETING SOCIAL MEDIA 
    In reversal, Twitter plans to comply with Musk’s demands for bot data Guess they're going to hold his feet to the fire and make him go through with the deal, or make him cut a check for $1bn to walk away.
  12. Bones81

    Elon Musk to Acquire Twitter, Definitive Terms Reached!

    HOT! MARKETING SOCIAL MEDIA 
    Elon Musk: From Showman to Charlatan An interesting take from Grant Williams on how the narrative around Elon is starting to shift, and not in a good way.
  13. Bones81

    Making Money For Dummies (And In a Crowded Market)

    GOLD! HOT! 
    This was a great read. My take away is that if you know how to market and have good customer service, you can make good money doing pretty much anything. Thanks for sharing this.
  14. Bones81

    Elon Musk to Acquire Twitter, Definitive Terms Reached!

    HOT! MARKETING SOCIAL MEDIA 
    Imagine entering into $44bn deal before doing any actual due diligence. This is going to get messy. My gut feel is Elon has buyer's remorse and is using this as an excuse to try to avoid the $1bn breakup fee. Let the lawsuits begin (or actually increase since Twitter's shareholders have...
  15. Bones81

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Wife lives here for work. She just got a job offer in the States, so she'll be out of here in a few months. I'd never been before, so I figured I'd help her pack and see this place while I still can.

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