Sieva Kozinsky
@SievaKozinsky
I’m building a 43 room hotel in Montauk, NY. Check it out here: https://www.offshoremontauk.com/ https://www.instagram.com/offshorehotels
I did something a little crazy. Not many know I’ve been working on this for the past 2 years. I bought a hotel in Montauk, NY, for $23 million. A lot of business people follow me. So I’m going to go through the financials, the thesis, and everything else that goes into it - in…
How you do one thing, is how you do everything. Keep that in mind when you’re hiring
People who cheat on their spouses are more likely to cheat at work, too. Evidence: Marital infidelity predicts 2-3x greater odds of professional misconduct among CEOs, financial advisors, and police officers. Integrity is not a 9-5 job. Character counts in every part of life.
Only about 25% of businesses that are listed for sale actually end up selling. The truth is, most listed businesses just aren’t sellable Every business owners wants a 3x+ multiple, but there are no buyers at that price for their business Here are some of the main reasons…
emotionally intelligent closers unite! This is an amazing company and role
🚨 NEW SALES ROLE with me at @scribemediaco I'd love to hire an experienced, diligent, emotionally intelligent closer. I aspire to provide you with a full pipeline, a product you are proud to sell, and customers you will be delighted to meet. DM me and/or apply below.
Most businesses are actually really simple They boil down to this loop: - Acquire customers - Deliver promised service at a healthy gross margin - Figure out which levers allow you to grow top line and increase your gross margin % Yet we tend to overcomplicate things
Having an EA unleashed my productivity. My EA lives abroad, costs me ~$1500/mo if folks are looking for an EA use Somewhere.com to help you hire one
For years, I refused to hire an assistant. It was around $80 million and revenues and 250 employees before a mentor pointed I realized the assistant wasn’t for me, it was for everyone else that worked with me. It sounds obvious now, but I can’t believe how many more meetings I…
Today I spoke with an entrepreneur who just hit his first $50,000 in sales… I love these stories Boundless energy comes at this stage of company building… And around $50,000 you realize you can cover your own rent without needing a job It’s a magic moment
Alas, we got outbid for this business…
I'm exploring buying a technology business with $100M of subscription revenue. It's a household brand. Losing money today, but great company. I'm investing my own money in it, and I plan to distribute cash monthly to LPs. If you're interested in co-investing with me, and can…
Never seen someone make money in a bad business by adjusting EBITDA
Auction starts tomorrow for this business: I’ll let you know how it goes
I'm exploring buying a technology business with $100M of subscription revenue. It's a household brand. Losing money today, but great company. I'm investing my own money in it, and I plan to distribute cash monthly to LPs. If you're interested in co-investing with me, and can…
A guy bought a business for $900 It now does over $4 billion in annual revenue Writing up a newsletter about it for tomorrow Can anyone guess the business (without using AI)?