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life update:
bro everything is awesome in a way I wish everyone could experience.
Ridge will GROW more this year than we did in TOTAL revenue in 2024.
Podcast network helping thousands. Making millions.
Shows are now more popular than ever.
Beautiful wife. Perfect son.
Its a level of blessed that I wish on everyone.
WE ARE ALL SO FUCKING BACK.
bro everything is awesome in a way I wish everyone could experience.
Ridge will GROW more this year than we did in TOTAL revenue in 2024.
Podcast network helping thousands. Making millions.
Shows are now more popular than ever.
Beautiful wife. Perfect son.
Its a level of blessed that I wish on everyone.
WE ARE ALL SO FUCKING BACK.
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with lots of tech layoffs happening, its a good reminder:
$250,000 a year jobs are actually really fucking rare.
if you have one, you are in the top 1% of earners IN THE ENTIRE WORLD
hold on tight
$250,000 a year jobs are actually really fucking rare.
if you have one, you are in the top 1% of earners IN THE ENTIRE WORLD
hold on tight
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You can fix america in under 4 years:
Year 1-
Raise taxes 10%.
Cut spending 10%.
This will lead to a budget surplus.
Pay down a small amount of debt.
Year 2-
Stay the course.
Do not buckle, start new wars, start spending.
Pay down another small chunk of debt.
Year 3-
The serious.
Interest rates will fall to zero. literally as low as we have ever seen.
With it, mortgage rates go down to covid levels.
Economy grows 5%+.
Year 4-
Refinance all outstanding debt.
Bumps up rates, but still well under what spot is now.
By the end of the 4 years, the US economy is growing faster than anyone else on earth.
Borrowing costs are at all time lows.
The extra tax revenue more than covers the short term cuts we had to do.
everyone is richer, we secure another 250 years of the american empire, there is more money for everything.
At any point, any political party can do this.
but its like cooking a meal vs doordashing taco bell.
Its harder to do, so no one does it.
Year 1-
Raise taxes 10%.
Cut spending 10%.
This will lead to a budget surplus.
Pay down a small amount of debt.
Year 2-
Stay the course.
Do not buckle, start new wars, start spending.
Pay down another small chunk of debt.
Year 3-
The serious.
Interest rates will fall to zero. literally as low as we have ever seen.
With it, mortgage rates go down to covid levels.
Economy grows 5%+.
Year 4-
Refinance all outstanding debt.
Bumps up rates, but still well under what spot is now.
By the end of the 4 years, the US economy is growing faster than anyone else on earth.
Borrowing costs are at all time lows.
The extra tax revenue more than covers the short term cuts we had to do.
everyone is richer, we secure another 250 years of the american empire, there is more money for everything.
At any point, any political party can do this.
but its like cooking a meal vs doordashing taco bell.
Its harder to do, so no one does it.
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If your goal is communism in America- brother we are already there
The USA spends more on public programs (health care, social security, SNAP) as a % of GDP than Communist China.
We will spend 38% this year.
The same as Venezuela under Chavez.
We are already spending like communist in America.
The USA spends more on public programs (health care, social security, SNAP) as a % of GDP than Communist China.
We will spend 38% this year.
The same as Venezuela under Chavez.
We are already spending like communist in America.
David Friedberg reveals France's public spending is 57% of GDP: greater than that of communist countries
"This chart is a measure of public spending as a percent of GDP; Rand Group Research published it. And you can see the comparison of France's public spending as a percent of spending as a percent of GDP of major communist nations, Soviet Union during, communist Romania, Venezuela under Chavez, and then communist China."
"It certainly been a socialist state, right? That's my point. I think this is such a precious lesson for the West to look at. We all think that there's some political problem with Macron or whoever it was."
"The more the government spends, the worse the conditions get for its people, not the opposite. And then the people riot and revolt and say that the government's not spending enough and the government needs to be doing more."
"Take a guess where the US is today. Federal government spending is $7.4 trillion, state and local government spending is $4.6 trillion. You add those two together, it's $12 trillion out of a $33 trillion GDP. US public spending is roughly 36% of GDP. France today is the same as the US, it's about 120% debt to GDP."
"France today is operating its national government spending deficit is 5.4% of GDP. The US is actually 6.2% of GDP. France is I think probably the first to go because they're only growing their economy at half a percent while the US is growing 2.3%."
"So we're still kind of hanging on because we have some degree of economic growth that's allowing us to kind of hold things together."
"But I would argue that we are facing the same sort of fiscal cliff that leads to this extraordinary social unrest as France, all the economic measures are aligned, we're at the same rate, we're at the same set of problems."
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Guys, I told you-
THE CHECKS IN THE MAIL
CHILL
THE CHECKS IN THE MAIL
CHILL
i am glad to see jordan taking this public
there have been probably 8 or so companies do this to iris, big reason we no longer do sub 10/20m customers
makes me want to create an iris credit score for brands that vendors can tap. This debauchery has gone far too normalized in this industry
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Honest question:
With all the new facts coming out, why hate data centers?
What we have seen from meta is:
- they are great for unions
- they are great for blue collar workers
- they put money directly into local communities
- they are giving cities money to pay teachers bonuses
- power costs are coming down in towns that build them
- they don’t use any water
This shouldn’t be partisan at all.
They are cleaner than a factory in your town. They are quieter than a new freeway
It’s a big room full of computers that house all your Netflix movies and tik toks.
But this room also pays for the teachers in your town. And makes your bills cheaper.
Seems like a magic room
With all the new facts coming out, why hate data centers?
What we have seen from meta is:
- they are great for unions
- they are great for blue collar workers
- they put money directly into local communities
- they are giving cities money to pay teachers bonuses
- power costs are coming down in towns that build them
- they don’t use any water
This shouldn’t be partisan at all.
They are cleaner than a factory in your town. They are quieter than a new freeway
It’s a big room full of computers that house all your Netflix movies and tik toks.
But this room also pays for the teachers in your town. And makes your bills cheaper.
Seems like a magic room
“After four decades in the skilled trades, I've never seen an industry do more for workers than data centers.”
-Don Slaiman of IBEW Local 26
richmond.com/opinion/column…
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The best thing about building in ecom-
the community
horror stories about getting ripped off by friends
leaking your sales, stealing your employees, etc
BUT!
SAAS and agencies WAY worse.
Knew an agency with a bunch of deals they cant services.
I told them a few people who could help sub contract or at least be introed as alts...
"Id rather no one get the business"
Or look at the fight happening over beehiv right now.
Ecom merchants, more often then not, will hop on a call, make intros, try to help you, share knowledge.
but service and saas...
zero sum until they die.
the community
horror stories about getting ripped off by friends
leaking your sales, stealing your employees, etc
BUT!
SAAS and agencies WAY worse.
Knew an agency with a bunch of deals they cant services.
I told them a few people who could help sub contract or at least be introed as alts...
"Id rather no one get the business"
Or look at the fight happening over beehiv right now.
Ecom merchants, more often then not, will hop on a call, make intros, try to help you, share knowledge.
but service and saas...
zero sum until they die.
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Just got an offer, A LOI, to acquire ridge for over a billion dollars.
I’m sure you are wondering…
Did you take it?
Who made the offer?
I’ll tell you…
Who made the offer???
ME. IN TEN YEARS.
#LOCKEDIN
I’m sure you are wondering…
Did you take it?
Who made the offer?
I’ll tell you…
Who made the offer???
ME. IN TEN YEARS.
#LOCKEDIN
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Sean Frank retweeted
Last week we shared the numbers from @Shopify’s Entrepreneur Effect report. Then people started sending me their stories.
Reading them is the best part of my job.
Never been a better time to be an entrepreneur.
shopify.com/entrepreneur
Reading them is the best part of my job.
Never been a better time to be an entrepreneur.
shopify.com/entrepreneur
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two types of people at the top:
1. made it and done.
sold, got the bag, on the beach.
never hear from them again.
2. havent looked up long enough to realize they passed the finish line years ago.
these people are the ones still texting you to launch a new side project. in the dms, at the dinners, writing down tips. all while sitting on 9 figures.
I sold my agency for 8 figures in equity in ridge.
We grew ridge 100x. literally.
launched a podcast.
turned it into a network.
easily an 8 figure enterprise.
some days it gets REAL tempting to be a type one.
but I cant get outworked by an oldhead who is already richer than me.
now its about ego.
back to the grind.
1. made it and done.
sold, got the bag, on the beach.
never hear from them again.
2. havent looked up long enough to realize they passed the finish line years ago.
these people are the ones still texting you to launch a new side project. in the dms, at the dinners, writing down tips. all while sitting on 9 figures.
I sold my agency for 8 figures in equity in ridge.
We grew ridge 100x. literally.
launched a podcast.
turned it into a network.
easily an 8 figure enterprise.
some days it gets REAL tempting to be a type one.
but I cant get outworked by an oldhead who is already richer than me.
now its about ego.
back to the grind.
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It’s all so obvious.
Make good products.
Make good ads.
Have a good offer.
Use a 3pl.
Run the ads on meta.
Take care of customers.
Repeat steps 1-3 until rich.
That’s all the info you ever need.
Don’t buy a course.
Just read the list. And try again.
Make good products.
Make good ads.
Have a good offer.
Use a 3pl.
Run the ads on meta.
Take care of customers.
Repeat steps 1-3 until rich.
That’s all the info you ever need.
Don’t buy a course.
Just read the list. And try again.
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If your P(DOOM) is anything above 0, why aren’t you selling all your possessions and joining the Amish?
If you honestly believe ai will kill us, you have two options:
Try to stop it
Or get off the grid
So if you aren’t working at a lab or in the government, then why aren’t you rolling big doinks in Amish?
I think it’s all just fake.
Ai won’t kill everyone.
I think it’s going to make life awesome.
Work will get better, medicine will get better, everyone will be smarter.
I’m at ZERO p doom.
I’m living with P UTOPIA
If you honestly believe ai will kill us, you have two options:
Try to stop it
Or get off the grid
So if you aren’t working at a lab or in the government, then why aren’t you rolling big doinks in Amish?
I think it’s all just fake.
Ai won’t kill everyone.
I think it’s going to make life awesome.
Work will get better, medicine will get better, everyone will be smarter.
I’m at ZERO p doom.
I’m living with P UTOPIA
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Most people on here are making content for bots, engaging with bots, arguing with bots.
the internet is for bots
the internet is for bots
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Growth is a miracle drug.
It cures everything.
The simplest, fastest, easiest way to fix every problem in your life:
Just keep growing
It cures everything.
The simplest, fastest, easiest way to fix every problem in your life:
Just keep growing
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the bull case:
Look, I am a known optimist.
So it wont surprise everyone to hear I think things are going to be awesome.
Here is my perspective:
if you are still in business today, you survived at least 6 great crises in the past 6 years.
you survived covid, you survived 2 ections; you survived a WORSE gas crisis because of the ukraine conflict; you survived inflation; you survived interest rates rising faster than they ever have, you survived a banking crisis (SVB)
if you are in business today, you are resilient
are things great today?
depends where you look.
housing hasnt imploded.
unemployment is steady.
the largest, most important companies in human history are still growing and shipping new products
there is weakness for sure-
gas prices are the obvious one.
They are the front line on a vibes-secion.
the reason gas prices matter so much is because it is a commodity with no substitute good.
if banana prices go up, you might eat more oranges.
But you have to drive to work every day.
if gas is $3 or $8 a gallon, doesnt matter, you have to drive.
and I wish gas prices were lower.
it is the most direct way to put more spending power back into the average amercians hands.
but look at the chart-
inflation-adjusted, it is a dollar cheaper than the ukraine war peak, and $2 cheaper than in 2008
the economy is more diversified, directly because of the ukraine war, so even with the Iran war dragging on, the impact has been less
I'll tell you, I see the strength in my sales data.
this is NOTHING like 2022.
2022 had runaway inflation.
a real energy shock.
no great new products or investments happening.
in contrast-
people are spending.
people are employed.
stock market is at all time highs (I think this plays a factor)
the reality-
it is an election year.
both sides are in full-on doomer mode, trying to push a narrative.
from my seat, as the ceo of a mid-size discretionary goods company:
It is the greatest time to be building all decade.
Look, I am a known optimist.
So it wont surprise everyone to hear I think things are going to be awesome.
Here is my perspective:
if you are still in business today, you survived at least 6 great crises in the past 6 years.
you survived covid, you survived 2 ections; you survived a WORSE gas crisis because of the ukraine conflict; you survived inflation; you survived interest rates rising faster than they ever have, you survived a banking crisis (SVB)
if you are in business today, you are resilient
are things great today?
depends where you look.
housing hasnt imploded.
unemployment is steady.
the largest, most important companies in human history are still growing and shipping new products
there is weakness for sure-
gas prices are the obvious one.
They are the front line on a vibes-secion.
the reason gas prices matter so much is because it is a commodity with no substitute good.
if banana prices go up, you might eat more oranges.
But you have to drive to work every day.
if gas is $3 or $8 a gallon, doesnt matter, you have to drive.
and I wish gas prices were lower.
it is the most direct way to put more spending power back into the average amercians hands.
but look at the chart-
inflation-adjusted, it is a dollar cheaper than the ukraine war peak, and $2 cheaper than in 2008
the economy is more diversified, directly because of the ukraine war, so even with the Iran war dragging on, the impact has been less
I'll tell you, I see the strength in my sales data.
this is NOTHING like 2022.
2022 had runaway inflation.
a real energy shock.
no great new products or investments happening.
in contrast-
people are spending.
people are employed.
stock market is at all time highs (I think this plays a factor)
the reality-
it is an election year.
both sides are in full-on doomer mode, trying to push a narrative.
from my seat, as the ceo of a mid-size discretionary goods company:
It is the greatest time to be building all decade.
I really believe economically we are cooked right now.
The warning signs are everywhere. Gas prices + inflation on food / energy / water / etc.
Disposable income continues to take a hit.
This really is top of mind for me heading into BFCM. Thinking of ways in which to better market, better show value to the consumer.
This means better, more focused ads that drive the user to want to buy with the money they got. That means hitting customers HARD now to add us as their MUST gift for the holidays.
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There is just no way things don’t work out.
I’ve never seen a future so bright.
All doom is fake.
Things are amazing and only getting better.
I’ve never seen more people winning, in every conceivable way possible.
Losing shouldn’t even enter your conscious
I’ve never seen a future so bright.
All doom is fake.
Things are amazing and only getting better.
I’ve never seen more people winning, in every conceivable way possible.
Losing shouldn’t even enter your conscious
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