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Episode 138- Will Hawthorne, Investment Banker at Code Advisors

Run a Profitable Gym

English - October 01, 2018 04:00 - 50 minutes - 23 MB - ★★★★★ - 61 ratings
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Last weekend in San Francisco, Two-Brain held its first Tinker Meet-up.
 
Entrepreneurs who have complete financial and time freedom and are seeking their next project are called "Tinkers." You can take the test to find out where you are in your entrepreneurial journey here.
 
One of our speakers was Will Hawthorne, an investor at Code Advisors.
 
Will is a partner in CodeAdvisors, an investment bank focusing on mergers and acquisitions. He's negotiated deals for some of the biggest tech companies in the world ... but he has a LOT to teach us about building a business worth selling. And that means a business worth owning longterm.
 
Jay Williams is the interviewer on this episode. But anyone who pays attention to the Two-Brain message knows that we don't believe in building businesses to sell. We want businesses that run themselves AND pay the owner long-term. We believe in building cash-flow assets.
 
Having a business that runs itself means you get the ultimate freedom: choice. You want to coach two hours every day? Perfect. Love it. Continue to serve.
Want to coach five hours every day? Wow. Plan for a time when that isn't true, because that passion won't carry you forever.
Want to coach zero hours every day? No problem - after 22 years of coaching, I'm happy and comfortable in retirement—I enjoy going to my gym, being coached, and signing checks for ten minutes every second week.
 
But to get to the point of choice, you need to build a valuable platform. And Will is an expert on building extremely valuable platforms.