Let it Ride – March 2017 Falcon Finds
Let it Ride…
Falcon Finds is a monthly curation of the most interesting things found and shared by the Sneaky Falcon team. These are the articles, ideas, businesses, and more discussed by the group in the month of February.
“People want to do business with you because you help them get what they want. They don’t do business with you to help you get what you want.” – @EntrepreneurQ via twitter
Here come the robots
Odds that the Sneaky Falcon team gets replaced by robots in the near future? We’ll set the line at 40%. Skills that keep you flexible, adaptive, and creative will help you fend off the robot uprising. Via the World Economic Forum.
Who wants to buy a homebrew supply business?
Always on the lookout for new opportunities, the Sneaky Falcon team came across this interesting sale on flippa.com, the website and app marketplace. With multiple members having a passion for beer and homebrewing, the idea of buying Mooncreek Brewing Supply really resonated. The price, however, did get a bit steep. As of this writing, the auction went unsold, failing to meet the reserve price. Perhaps one to keep an eye on for a future investment if it gets relisted.
Missed opportunity of the month
Shilp, ever vigilant for a way to make a quick buck, shared this article from Bloomberg about a Hong Kong IPO that shot up 543% in a single day before trading was halted. Fears of manipulation or other questionable behavior led to the halt. Our portfolio could have totally used a boost like that!
“Warren Buffett: The rich invest in time, the poor invest in money.” – @fractalgo via twitter
Buying an established business, the Harvard way
This podcast from the Harvard Business Review delves into how many of its MBA grads are not heading to Wall Street or racing up the corporate ladder, but instead buying established businesses to become instant CEOs. While they may not be the most glamorous businesses (think small widget manufacturing firms), it definitely is a unique way to flex those strategic and leadership muscles at an established company while still being your own boss.
“Let it ride… We stand to make literally dozens of cents” – Dan W