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  1. Bones81

    Great books that are NOT best-sellers. Share yours.

    HOT! BOOKS 
    Book: The Accidental Entrepreneur: A Practical Guide to Financial Freedom Through Successful Business Acquisitions Author: James P. Shanahan Genre: Entrepreneurship Subject/Description: Lessons learned from 25+ acquisitions over several decades (optional) Amazon Link: The Accidental...
  2. Bones81

    Exiting the Slowlane by Buying a Business

    HOT! SLOWLANE EXECUTION 
    So the bank I work for cut about 8% of its staff globally. We lost 2 people on my team. All the more reason to own a business. I spoke with a guy I met through SCORE, which is a business mentoring organization. He suggested a few types of businesses I should check out as well as various...
  3. Bones81

    Exiting the Slowlane by Buying a Business

    HOT! SLOWLANE EXECUTION 
    Spoke to the accountant Friday morning and I think he'll be a good fit. He has worked on dozens on small business acquisitions and was very friendly and accommodating. Also reached out to a business buyer consultant to see if he can give me advice on businesses he thinks would be a good fit for...
  4. Bones81

    Exiting the Slowlane by Buying a Business

    HOT! SLOWLANE EXECUTION 
    Some more progress today. Setup an appointment with an accountant tomorrow to see if he would be a good fit to help on due diligence when it comes to that point. I also scheduled an appointment with a photographer tomorrow to get updated headshots for my LinkedIn profile and information...
  5. Bones81

    Exiting the Slowlane by Buying a Business

    HOT! SLOWLANE EXECUTION 
    Little progress report for today. My tax accountant referred me to another accountant in her firm who works on M&A, so I reached out to him to get the ball rolling to see if he'd be a good fit for the size of deal I'm contemplating. I'm also rereading some acquisition books and taking down...
  6. Bones81

    Exiting the Slowlane by Buying a Business

    HOT! SLOWLANE EXECUTION 
    Progress update. I joined David C Barnett's Business Buyer Adventure program. I previously did his Business Buyer Advantage program and found it quite useful. He has a ton of interviews with various people (business owners, lawyers, accountants, etc.). There are frequent calls with other members...
  7. Bones81

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    View: https://twitter.com/zerohedge/status/1605754522038460417?s=20&t=M-4N8AZC_60mkEiG4O576A Caroline Ellison and Gary Wang have plead guilty to charges and are likely cooperating, so SBF is screwed. Best bet now is to probably plead out as well and give up anyone he can. Martin Shkreli went...
  8. Bones81

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    The bid/ask spread is ridiculous on that strike as well. That being said, it is a biotech stock, so if you're going to do a trade like this, this is where you'd do it.
  9. Bones81

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    These guys were just pumping and dumping stocks. I'd love to see them go after crypto scammers too but I don't even know if it's illegal to pump those if they're not considered securities. Speaking of pump and dump, I'd love to see them go after Chamath on all those SPACs he was involved with.
  10. Bones81

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Regulators have a hardon for CZ/Binance. In fact, it was announced this week CZ and Binance are under investigation for money laundering and sanctions violations. Given the history between Sam and CZ, and especially the fact that Binance was the one that initiated FTX's downfall by dumping its...
  11. Bones81

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Yeah, I've seen the quote going around on Twitter. Would be interesting if he had any dirt on Binance or Tether. There might be a deal to be made if he can flip on others.
  12. Bones81

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    He probably doesn't have any friends at this point; there's already talk about the donations being returned. That being said, his parents are Stanford law professors and I'm sure he's got some money bags hidden away somewhere, so he'll have the best defense money can buy (although he's screwed...
  13. Bones81

    Companies to AVOID as you succeed in your FASTLANE...

    HOT! OFF-TOPIC 
    I see that Google Fiber is making it's way into the SLC area.
  14. Bones81

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

    HOT! CHAT 
    So last night I microwaved some clam chowder and of course it exploded all over the place. While I was cleaning it up, I thought, surely there's a product out there to prevent this. Hopped on Amazon and found this: https://www.amazon.com/dp/B07BC6D2LH/?tag=tff-amazonparser-20 It's nothing more...
  15. Bones81

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

    HOT! CHAT 
    One of the arms dealers that the movie War Dogs was based on invented a foot pedal to make drum beats while he was sitting at home under house arrest playing guitar. View: https://youtu.be/AkP1BwSeuJk?t=12061
  16. Bones81

    Exiting the Slowlane by Buying a Business

    HOT! SLOWLANE EXECUTION 
    Thanks Rabby. The comment of little bursts towards an ill-defined goal would be a good description of me. I know what my goals are; finding the route(s) to get there is of course the challenge. Right now the slowlane job helps achieve the goals of 1) the wife and I buying a house, 2) covering...
  17. Bones81

    Exiting the Slowlane by Buying a Business

    HOT! SLOWLANE EXECUTION 
    I've built a small content website before but given that most small businesses fail and that I have capital and income, why not skip over that minefield and find something that's already been proven and successful. While I want to get out of my slowlane job relatively soon, having an income...
  18. Bones81

    Exiting the Slowlane by Buying a Business

    HOT! SLOWLANE EXECUTION 
    Picking back up on this now that I'm done with the move and have settled into my new job. Focus will continue to be on which industries make the most sense for my personality and skillset. One that I hadn't considered but could potentially be a could fit would be financing (equipment, accounts...
  19. Bones81

    Salt Lake City (SLC) Utah Meet-up?

    MEETUPS 
    Still game for this sometime if anyone else is interested.
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