An entrepreneur warns against deals that require solving nine separate problems to close. If it takes more than one or two moves to finalize, walk away. Time is more valuable than money.
Chapters
Are you a land shark doing deals? Probably due to the fact that you have a better chance of, of, of, you know, of, of funding a deal or, or doing better with a deal that doesn't need a lot of work to get it accomplished. Correct? Right. So in this situation, there's, there's so many components to this, to this deal now. It's just, just the fact that there's 9 levels to solving this problem is cause for people to back away. Nobody wants to try and solve 9 problems to get one deal done, right? If you can't solve the problem in 1 or 2 moves, move on. Right. And so that's the lesson I'm trying to put out today for folks. So it becomes a time suck. Yeah, it's a time suck is really what it comes down to. It pulls all of the energy into time. And as we've discussed many times, sometimes time is more valuable than the cash capital or whatever, you know, whatever you're looking at as a deal. Time becomes more valuable than all of those things. So, uh, Trevor— did Trevor Hicks make it in today?