Podcast Notes Key Takeaways

• The strategy of Bradley Jacobs: the Man who Built 5 Billion-dollar Companies
  • Select industries that are highly fragmented and have many profitable small businesses that lack capital to grow further
  • Buy small businesses and bring the capital to grow them
    • Treating well the employees of acquired companies is essential to not make them leave
  • Hire hungry salespeople with strong incentives programs
  • Bradley’s strategies are outlined in SEC filings and Q&A sessions with potential investors
• Dan Gilbert, the capitalist Batman
  • He owns the Cleveland Cavaliers, other sports franchises, and Rock Ventures, an investment firm with a varied portfolio of companies
  • He invests a lot in revitalizing Detroit
  • Dan takes big risks investing in ideas with the potential to improve the world
• “What’s the point of making a bunch of money if you’re not gonna try to make cool stuff with it” Andrew Wilkinson

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Sam Parr (@TheSamParr) and Andrew Wilkinson (@awilkinson) discuss:

* (5:35 ) Bradley Jacobs: the man who's built 5, billion dollar companies

* (28:28 ) Dan Gilbert: how he started with nothing, built Quicken Loans and eventually, an empire

* (41:30 ) What talking to Warren Buffett is like

* (1:00:07 ) How Andrew lost $10m

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