The Mindset Behind Building Billion-Dollar Companies | Brad Jacobs
Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio
So I looked at that org chart and said, this is a messed up org chart, which is great for making money. If you can find something that's messed up, And Easy to unmess up. Oh yeah, there's your money. There's your opportunity to make a lot of money. You've made a few billion dollars. What lessons have you learned about money and spending money and living with money that you wish you knew sooner? Yeah since you you throw me off a little bit with the question because When you look at the the numbers, the real growth has been through MA, through acquisitions. What's been my secrets on acquisitions? Here's the gist. A lot of people have a rigid
business plan that's spelled out for many years and that's it. And it's very that doesn't usually work. Why? Because life changes, markets change, economies change. And if you're rigid, if you're just rigid thinking, you're gonna have things come your way to make money for shareholders and feel well it's it's nice, it's great, but it's really not our thing. That's a bad way of thinking. You said you can get a lot of things wrong if you get the big trend right. What major trend are you most interested in right now? I'm most interested in it. Listen, there is no conversation that's made me more money than this one. If you haven't heard it, now is the time. If you have, it's a classic and worth watching again. Brad Jacobs has started eight separate companies worth more than a billion dollars. He's done about 500 acquisitions. So when he says that there is a way to make money that reduces the roll of luck, it's worth listening to him.
And this interview lays out exactly how he does it. The most surprising advantage, though, doesn't come from business at all. It's something we can all learn. Let's get into it. Great. Kurtzwall, who wrote the singularity.
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