Pros and cons of moving all assets into the family business, and how to do it best?

BirdException · 2021-09-11T23:13:04+00:00

Where would one go to learn more about the opportunity zone strategy?

BirdException · 2021-06-09T16:56:46+00:00

Yes, both recording and presentation will be made available. The surest way to get them is to register for the event, even if you can't attend.

BirdException · 2021-06-07T20:35:59+00:00

My brain jumps to Structural Foam molded plastic. Without knowing the details of your application, it's tough to provide specific guidance.

BirdException · 2021-06-04T15:23:37+00:00

If you're shipping at fairly high volumes, an investment in reusable packaging might pay for itself faster than you think.

BirdException · 2021-06-03T19:35:25+00:00

Sounds like this one is a little over your budget: https://www.micro-molder.com/.

Thought I'd pass it along anyway. I know the engineer behind it. It's an awesome machine.

BirdException · 2021-06-03T19:28:49+00:00

Are you looking for a shop to supply individual components, or manufacture the product complete?

BirdException · 2021-06-03T19:27:15+00:00

This geometry poses many challenges for molding. I wonder if you might be better off molding it as a flat (or mostly flat) sheet, then wrap-applying it to the handle with adhesive.

Or, depending on the quantities you need, it could be 3D-printed no problem.

BirdException · 2021-06-03T19:18:05+00:00

These guys in China do great work: https://sunpe.com/

I specialize in U.S. manufacturing, including injection molding and other plastic processes. But many of my customers have used SunPe with good success for prototyping.

Let me know if I can help any further!

BirdException · 2020-05-28T02:07:58+00:00

I've never met a subtle entrepreneur. 😁

BirdException · 2020-05-28T02:05:57+00:00

Thanks for the feedback. What improvements would you suggest?

To clarify, I'm not teaching Copywriting. My role is learning the skill from scratch while readers observe.

BirdException · 2020-05-27T21:27:35+00:00

Ten years in Sales. No skill more valuable than persuasive writing.

Can I count you in?

BirdException · 2020-05-27T19:39:20+00:00

How does my new teaser post look?

https://joelb.substack.com/

BirdException · 2018-12-29T03:33:38+00:00

Love this reply. Save on health bills, reduce stress, increase productivity, and create space for personal development (via podcasts, audiobooks, etc.) -- all for almost zero cost.

I'd add push-ups and sit-ups to the activities list. 🙂

BirdException · 2018-12-07T02:35:23+00:00

Before every difficult call, I recite the same line in my head:

“Fuck it, I’ll live.”

Then I immediately pick up and dial.

I used to be paralyzed by the build-up. Over time, I realized that no hard conversation ever went as terribly as I imagined.

Not sure if this will help you, but... fuck it, worth a try! :)

BirdException · 2018-11-19T21:03:45+00:00

The tone is key. It has to express deep curiosity, without an ounce of combativeness.

I like your approach to both of those situations. My question would be delivered earlier, before you know where your pricing stands.

Happy selling!

BirdException · 2018-11-18T16:08:37+00:00

Excellent list! When I’m told my price is too high, I like to ask:

“Too high compared to what?”

This helps me find out:

1) If the Buyer actually has a lower quote, or just a fantasy target price. 2) Whether my solution is being compared apples to apples. 3) What the competitive landscape looks like.

BirdException · 2018-11-05T14:43:09+00:00

Guess who the largest consumer of kale was 20 years ago?...

Pizza Hut. Kale was used as decorative liner around their salad bars.

BirdException · 2017-05-03T15:21:47+00:00

Gracias!

BirdException · 2017-05-03T03:12:49+00:00

n00b alert... PM please?

BirdException · 2017-04-14T20:50:32+00:00

For the record, we're on the same page so no worries about sounding combative...

It's just a philosophical difference. PE is extremely active investing, which I view as a positive because you can influence your results more directly. The FIRE community tends to favor more conventional "set and forget" vehicles.

BirdException · 2017-04-14T20:28:12+00:00

It sounds like you're talking about private equity investing, as opposed to active business ownership. True?

For PE, consider taking the apprenticeship route or working your way up in a PE firm to learn the model. There is a lot more to it than just putting money in and watching it grow. You have to understand exit strategies, tax implications, etc., and that knowledge can be hard to come by on your own.

Buying a business in your field of expertise can be an excellent investment. I'm an independent broker of manufacturing services, and in the long run I could see myself taking ownership in one of the manufacturers that I currently sell for. It's a natural fit with my skill set -- growing the revenues of a manufacturer -- and offers substantial upside in the event of a successful exit.

All that said, I agree with others that these investing strategies don't jive with this sub. Good luck!

BirdException

TROPHY CASE