This Billionaire Bought Over A Thousand Small Businesses And Never Lost A Dime

Рет қаралды 248,709

Күн бұрын

Staying small is working out big time for Shore Capital. Their average internal rate of return on its 14 exits, all in health care, is 53%, net of fees. That’s nearly triple the average net IRR of U.S. buyout funds raised since 2009, according to data from Cambridge Associates. After Shore took its 20% to 30% cut of profits, its exits multiplied investors’ money by 5.5 times on average, also nearly triple the average total value to paid-in capital multiple of U.S. buyout funds raised during that period. Shore has never unloaded a company for less than three times cost before fees, nor, it says, has it ever suffered a loss. “Those are top 1% returns in private equity,” marvels one investor who asked not to be identified, citing his organization’s press policy. “That’s rarefied air, right? That’s more like venture capital than a traditional buyout firm.”
Ishbia and his team have acquired more than 1,000 mom-and-pop shops across the country (average cost: $15 million) since Shore’s 2009 founding and rolled them up into 61 larger chains of things including autism treatment clinics, bakeries and exterminators. “We’re buying businesses in Akron, Ohio, and Pittsburgh, and Birmingham, Alabama,” Ishbia says. “There’s more low-hanging fruit for me. It’s Joe Schmo on Main Street.”
Shore then invests in computer systems and equipment, stacks the businesses’ boards with industry veterans and hunts for complementary companies in adjacent markets. “We’re just buying and buying and buying,” says Ishbia, who insists Shore doesn’t take on as much debt as other private equity firms and doesn’t cut services or head count. “The private equity world gets a bad rap for ‘buy this, slash that.’ We are growth-we have almost 35,000 employees and hire thousands per year.”
Read the full story on Forbes: www.forbes.com/sites/mattduro...
0:00 Introduction
1:11 Justin On His Childhood
3:16 Justin Reflects On Meeting Jay Price
5:53 Justin On Business And Collaboration
8:49 Justin Shares His Commitment To Community And Parenting
10:22 Justin On His Passion And Growth
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Пікірлер: 277

@IsabelleChloeScott 22 күн бұрын

HOW TO GROW MONEY.

@IsabelleChloeScott 22 күн бұрын

The first step to attaining wealth is figuring out your goaIs and plans - either on your own or with the heIp of a financiaI pIanner, and foIIowing through with an inteIIigent pIan, you wiII gain financiaI growth over the years and enjoy the benefits of managing your finance.

@IsabelleChloeScott 22 күн бұрын

I am fortunate I made productive decisions that changed my finances (gathered over 1M in 2years) through my financiaI planner. Got my 2nd house in Feb, and hoping to retire nxt yr.

@IsabelleChloeScott 22 күн бұрын

Whosoever tries this sureIy acquires wealth. Get to her

@IsabelleChloeScott 22 күн бұрын

Elizabeth Green Hunts

@GenevieveRogers1 19 күн бұрын

Kudos

@Philosific 3 ай бұрын

Ive worked in SMB debt and im not surprised. I would often see great small businesses that pretty much were dying due to poor management, id always think “man if you could buy these businesses, put in a proper model, theyd do good for their size.” Lots of opportunity out there for this.

@MarcusAurelius7777 3 ай бұрын

Agree 💯 what a brilliant man

@jamie6387 3 ай бұрын

A lot easier said than done - I can tell you haven't much experience in owning and operating!

@Philosific 3 ай бұрын

@@jamie6387lol ok 😂

@DavidKFZ 25 күн бұрын

Too right. So many small business owners and management teams are extremely incompetent and have beliefs harming them and preventing growth, it's why they stay small businesses. A lot of them have business ideas that have merit too and they COULD dominate the local and regional industry, but can't because of these handicaps

@leadgenjay 3 ай бұрын

Shore Capital's strategy of focusing on smaller, often overlooked markets is a brilliant move.

@MarcusAurelius7777 3 ай бұрын

Amazing strategy

@SS-up5sc 3 ай бұрын

Look where no one is looking for the big money

@MarcusAurelius7777 3 ай бұрын

@@SS-up5sc Invest in good stocks instead...

@andresm1704 3 ай бұрын

@@MarcusAurelius7777 if you want to stay poor, sure

@ericv5337 3 ай бұрын

This is literally childish. If this is smart to you ... Wow. Like literally.

@Elizabeth-mh2dj 2 ай бұрын

What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.

@SirBenjamin-oq1wd 2 ай бұрын

There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist.

@Cinthia-gk3ip 2 ай бұрын

I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders

@NievesLarish 2 ай бұрын

Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

@Cinthia-gk3ip 2 ай бұрын

She goes by ‘’ANGELA LYNN SCHILLING” I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

@Cinthia-gk3ip 2 ай бұрын

“Angela Lynn Shilling’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@MW-mz5ck 3 ай бұрын

son of billionaire Jeff Ishbia. Feels like the vid should have mentioned that point

@ZubinB 3 ай бұрын

Lmao

@coleturner5665 3 ай бұрын

There’s merit to keeping the Billy status tho, so many trick it off in a generation. Hats off to this guy

@lvbadboy 3 ай бұрын

Of course people like him never want to tell you this massive head start with daddies connections and money

@JoeRobisonGFD 3 ай бұрын

"I asked my friend with the biggest house what his dad did" :) :)'

@Figgaz85 3 ай бұрын

@@JoeRobisonGFD Excatly! Google his dad Jeff Ishbia and it will state that he is a BILLIONAIRE by doing what.....mortgage business ACQUISITIONS! This guy and his brother are TRUST FUND BABIES.

@vincentorlando6767 3 ай бұрын

Private equity firms models are buy, hold, sell, extract as much money as possible out of business, workers, pension funds, health care funds, customers and fund investors with no long term investments being made. Once the businesses are saddled with debt, they decline, they fall into bankruptcy. This firm is no different. Forbes should have added to this video the LBO(PEG) playbook. A new book out discusses the larger PEGs, but is applicable. "These are the plunderers", by Gretchen Morgenson, Joshua Rosner.

@BristolBerg 3 ай бұрын

this is such an uneducated and misinformed take on the industry. PE's get paid by growing the company by multiples. This guy has a return rate of 53% because each company he bought grew by multiples of 5X through expansion, investment and merging while employing close to 40k people. Who buy's a company to get into more debt in a high interest rate environment with the expectation of losing, you make absolutely no sense.

@Kushagra.j 3 ай бұрын

Cry about it brokie.

@vincentorlando6767 3 ай бұрын

@@BristolBerg your associated with the peg industry. Independent data shows very high failure rates in peg owned businesses vs non

@theadchefer Ай бұрын

@@Kushagra.j found the billionaire of the comment section 😂

@ColoradoBirds Ай бұрын

@@vincentorlando6767PE backed firms are 10x more likely to go bankrupt in 10 years than a standard business.

@tradeforcharity 3 ай бұрын

Good for him. Helping the "small guys" in middle of america grow their businesses and dreams.

@MarcusAurelius7777 3 ай бұрын

Bwahaha what a great man

@dsa513 3 ай бұрын

😂😂😂he buys their businesses 😂😂he doesn't help them. Hopefully he doesn't run the local businesses into the ground and write off the loss😂😂 Don't expect Forbes to investigate on that...

@MarcusAurelius7777 3 ай бұрын

@@dsa513 Exactly. He doesn't give af trust me

@jamie6387 3 ай бұрын

This is a typical comment from someone who has never owned or operated a business. He isn't going to do anything but add more stress with less margins for the owner/operator. In the end, he's just taking the profits but not contributing to any of the work. It's catastrophic unless the business is in need of capital to grow incredibly quick. But it doesn't sound like he is after those type of business.

@johnyossarian9059 3 ай бұрын

These Private Equity firms are not helping anybody but themselves! Especially not the small guys! If you own a bakery in a small midwest town and a PE firm is buying up all the bakeries in your town and surrounding area, will you not be pressured to also sell?

@lusu6804 3 ай бұрын

He came from a billionaire family so he and his brother had a super head start. This is not a rags to riches, but instead a riches to riches story

@Figgaz85 3 ай бұрын

His dad Jeff Ishbia is a BILLIONAIRE by doing what.....mortgage business ACQUISITIONS! This would make the friends dad story FALSE. This guy and his brother are TRUST FUND BABIES.

@xararogers3186 3 ай бұрын

That’s an important point

@Figgaz85 2 ай бұрын

@@xararogers3186 his father Jeff was already a BILLIONAIRE who was in the the business of guess what.... morgage business acquisitions.

@INTIMACY_REFINER Ай бұрын

Great point. Only that there are many riches to rags stories out there.

@salih4979 11 күн бұрын

Thats even more impressive. Most people that come from riches wouldnt bother working hard and building more and bigger as they already have everything money can buy.

@lvbadboy 3 ай бұрын

Having a billionaire father who gives you money and connections, he forgets to mention that

@oconn146 2 ай бұрын

His Dad is a family man and owner of a small law firm and was never a billionaire.

@jackpanozzo6004 2 ай бұрын

And also founded United wholesale mortgage*

@screwthisite Ай бұрын

Mat Ishiba's networth is estimated at $4.9B as per online articles

@s4lino Ай бұрын

can you share the best real rags to riches story (that might still apply today) ? feels like a gimmicky gadget these days, only a show po book to sell at best....i always wondered if Apple is so great why are there still so many poor people those that have supposedly being touched by its goods, if these advice/stories are so useful, deep, why the readers and absorbers of these haven't really changed the world to a degree that when one opens the tv or net news there is constantly uplifting stories rather than another poor sad dude/female got owned in one way or another?....most of these stories only able to join the 'they miss the magic sauce' club of articles....its like telling the lesser developed nations....pigeon carrier will change your world, then to the a bit more developed...wifi will be good enough...then those actually making juicy stuff that's not even able to let a wisp of air out like a gas chamber uses 50 Gbps connection and complains we not getting there yet as with godlike AI control u probably need 100 Gbps or more to be a fun standard imagine never seeing the downloading screen and everything is a insta-click get on your computer, now that's some fun story.

@wendyshoowaiching4161 Ай бұрын

It's his advantage of being born in wealthy family is destined to be borned there is not by chance and his successful this lifetime is connected to his past life of doing charitable works and this life which will connect him to be wealthy too the next lifetime. Don't be jealous and say this kind of words. Look at your life now. Have you do any charitable work this lifetime to connect you with being born in wealthy family and be successful in the lifetime one is being born. Did you do God's work and very hard work. He has his path and you have yours. Don't need to look at others but concentrate on yours. One can only be smart if one don't have rich resources in charitable works is to look and partner with the wealthy to do charitable work together in one's lifetime and gain merits the next lifetime being born in wealthy families and can achieve success like him. My advise to those who wants to be wealthy.❤😊

@james-sk1si 3 ай бұрын

I like his process and unique style of investing

@jakejake7289 3 ай бұрын

What's the minimum investment? What's their ROI track record for investors?

@alexgeezy5466 3 ай бұрын

How do do the analysis of the supply and demand ?

@EdwardChew Ай бұрын

Thank you for sharing that Justin! ❤❤❤❤

@IlyaAvdeev 3 ай бұрын

Great story!

@Figgaz85 3 ай бұрын

Not really. His father is Jeff Ishbia (google it) who is already an BILLIONAIRE attorney in the acquisition's of the mortgage business. His brother is also a BILLIONAIRE. This is not a rags to riches story he comes from generational wealth.

@joselino4237 2 ай бұрын

The cocaine on this one is agressive

@miguelangelramirezchavarri3801 3 ай бұрын

1.-The Team 2.- The love for the game 3.-The Kids.

@olinafan4459 3 ай бұрын

epstein island motto

@farzana6676 3 ай бұрын

@@olinafan4459 😂

@nicolasnavia8692 3 ай бұрын

Hahahahha

@Alexibawendi Ай бұрын

Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $42,500 per week even though I barely trade myself.

@BeckerGodfrey Ай бұрын

How ..? Am a newbie in crypto investment, please can you guide me through on how you made profit?

@Alexibawendi Ай бұрын

Thanks to Mrs Maria Davis.

@Alexibawendi Ай бұрын

She's a licensed broker here in the states

@Peteromoni 3 ай бұрын

Money follows success...

@williesullivan3985 3 ай бұрын

Private Equity vultures going after small businesses is the worst thing that could happen. Centralized management structures like the ones he is describing out numerous barriers between management and customers. To the point that this guy only sees customers as a number on a spreadsheet. That means he is trying to extract as much value from the customer at the lowest possible cost. For the customer that translates to worst service. PERIOD. Ask anyone who lives in an apartment complex!

@VOD713 3 ай бұрын

Welcome to CAPITALISM

@highonsmog 3 ай бұрын

The legal system is forcing everything into corporate hands. Let's say you wanted to buy an apartment complex in CA. You'd need a lawyer on retainer, an accountant, and staff. Then, when customers won't pay, you eat up large amounts of cash on evictions and refurbishing the apartments. This pushes the building into resale, and the corporate landlord takes over, with the same overhead, but spread over his other buildings. Such a landlord can handle the toughest tenants, while good mom-n-pop landlords give up. This legal hurdle is why regular people can't succeed as landlords and why properties aren't as easy to rent in states like California, making costs higher for tenants fighting over fewer rentals.

@tylerpeery94 2 ай бұрын

This is such a bad comment, you are telling me you would rather go to some small time Mexican joint where the burrito is served on a plastic plate and the drinks are warm RATHER than going to chipotle, where you can order on a device, its ready when you get there, the food is consistent every time, the building has A/C. You’re right, capitalism sucks and it DOESN’T make businesses better.

@b_to_the_b 3 ай бұрын

Step One - Have a rich Best-friend ✅

@thoyo 3 ай бұрын

Or show interest in something and impress someone enough to mentor you.

@b_to_the_b 3 ай бұрын

@@thoyo lol 😂🤣

@tuckerbugeater 3 ай бұрын

@@b_to_the_b yeah it's a front for the great reset agenda

@Figgaz85 3 ай бұрын

His father is Jeff Ishbia (google it) who is already an BILLIONAIRE attorney in the acquisition's of the mortgage business. His brother is also a BILLIONAIRE. This is not a rags to riches story he comes from generational wealth.

@headhonchotheone9041 3 ай бұрын

The only way

@Tristan_Rodriguez 3 ай бұрын

did he pay for this?

@KeenJT 3 ай бұрын

"mom and pop size business, 20m or less" .....

@MarcusAurelius7777 3 ай бұрын

9:51 An amazing man explaining why he still "works", even when he is so much richer than all of us b/c of his family... 😅🤔

@TLiu-1b 3 ай бұрын

does he come from money?

@MarcusAurelius7777 3 ай бұрын

@@TLiu-1b Just look up his brother...

@Figgaz85 3 ай бұрын

@@TLiu-1b His father is Jeff Ishbia (google it) who is already an BILLIONAIRE attorney in the acquisition's of the mortgage business. His brother is also a BILLIONAIRE. This is not a rags to riches story he comes from generational wealth.

@bkubwa 3 ай бұрын

Thank u for this video

@leticiaotchere-darko8984 3 ай бұрын

Money follows Success!!

@tuckerbugeater 3 ай бұрын

front for klaus schwab's lame reset

@GTFCEO 3 ай бұрын

Wow coming fromma veterinary hospital owning family, i didnt expect this. We had nothing but bad experience with corporate companies buying vets and sending in numbers crunchers, laying off the best highest paid surgeons right before retirement age. Literally 2 years before age 60. Some POS company up and down the east coast that bought Naugatuck or Cheshire Vet Hospital in CT for example

@JoseVillegas-ip7qo Ай бұрын

Lmao daddy’s money

@KnifeFiend 3 ай бұрын

Id work for this guy.

@MarcusAurelius7777 3 ай бұрын

IS THIS A JOKE?

@MarcusAurelius7777 3 ай бұрын

Work more, debt slave. If you work twice as many hours, you'll make twice as much 🤑💰💸🤔

@FantasyCid Ай бұрын

Hahah it's all about monopoly in business 😂

@adamhawley2654 3 ай бұрын

the "Process"- they seem like an investment company that cares, blows my mind, Love it.

@MarcusAurelius7777 3 ай бұрын

Bwahahaha

@cowboydelnorte3078 3 ай бұрын

You don’t like what he does… 🤦 do you invest?

@MarcusAurelius7777 3 ай бұрын

@@cowboydelnorte3078 Yeah he seems full of "it" though.

@adamhawley2654 3 ай бұрын

@@cowboydelnorte3078 i see good in this

@lvbadboy 3 ай бұрын

1200 square foot office according to him is a sweat box oh spare me.

@TTOS69 3 ай бұрын

2:50 jesus how much adderal is this dude on

@mohsin420ish 3 ай бұрын

Such inspirational story

@Figgaz85 3 ай бұрын

Not really. His father is Jeff Ishbia (google it) who is already a BILLIONAIRE attorney in the acquisition's of the mortgage business. His brother is also a BILLIONAIRE. This is not a rags to riches story he comes from generational wealth.

@lakshanperera9735 3 ай бұрын

what an awesome message to everyone

@EcomCarl 3 ай бұрын

Impressive to see how Shore Capital's roll-up strategy is transforming industries with traditionally fragmented markets! It highlights the significant potential for growth and innovation when smaller entities are synergized under a unified vision. 🚀

@motags3 16 күн бұрын

Her inability to look straight at the camera is disturbing.

@RichReportcom 3 ай бұрын

31 yrs old is not "kids" 2:18

@davidc4408 3 ай бұрын

It is in PE world. Many senior guys in 50s and 60s worth billions running the show

@warkha 3 ай бұрын

Also, know that hi a j€w and there are things that are never said. Its always about a passion, dream ….. bla bla … and then boom they made by a “miracle”

@MarcusAurelius7777 3 ай бұрын

His brother was a small walk-on btw, no scholarship - no interest from NBA or anyone else. Paid puff piece

@Martin-pb7ts 3 ай бұрын

Contrast the way this guy speaks with the way some other prominent Billionaires (that are getting a lot of attention in the press) speak. The difference is astonishing to me. The fact that these other guys are getting so much oxygen is something that we as a society should be changing.

@Figgaz85 3 ай бұрын

@Dakid015 3 ай бұрын

Haha yeah this guy while he's attained a lot of wealth doesn't sound like a natural business person. He seems rough around the edges and just sounds like he's saying stuff he heard from other CEOs.

@Figgaz85 3 ай бұрын

@@Dakid015 Google his dad Jeff Ishbia and it will state that he is a BILLIONAIRE by doing what.....mortgage business ACQUISITIONS! This guy and his brother are TRUST FUND BABIES.

@plannerjoy 3 ай бұрын

$15 million small business is not that small. That’s already a well established business with processes and a management team.

@farzana6676 3 ай бұрын

It's small for private equity industry in the USA where the median deal size is $200m+

@jalanmcrae 3 ай бұрын

@@farzana6676Small in comparison but still not small in general 😂

@stuff4232 3 ай бұрын

I smell fraud

@johnwest3509 2 ай бұрын

so you buy small businesses and then sell them for a profit as it is all about dominance and making millions of dollars for this I would not be proud!

@HLu-kc4xh 3 ай бұрын

I buy a small cap stock and it literally goes to 0!😂

@sebwarren9892 2 ай бұрын

Jajaja 🤣, seriously.

@isakdahlstrom 3 ай бұрын

From 8:47, small wins every day leads to success 🏆 let's go

@enfiestado 3 ай бұрын

Similar to what billionaire Brad Jacobs did

@MarcusAurelius7777 3 ай бұрын

Wow so inspiring

@tuckerbugeater 3 ай бұрын

@@MarcusAurelius7777 cope

@Dividendflywheel 3 ай бұрын

Yes. Brad Jacobs has published a new book

@Jawad.dbysndbbz 3 ай бұрын

basically ripping off middle class people

@JQ888 3 ай бұрын

Sus title about a sus story from Forbes (which is sus). I’m sure this firm has done great things but the implied in the title is statically impossible

@shephusted2714 3 ай бұрын

copart is king of rollups 187x

@Dividendflywheel 3 ай бұрын

CPRT has turned salvaged cars into billions. And doing it in a very boring (low tech) business

@ach1897 3 ай бұрын

Private Equity are basically business flippers. They go into a region and buy up let's say say 20 small to medium size carpet flooring companies. They combine all these business under one brand one roof with one centralized management team. No need to have 20 bookkeepers or 20 install office managers. They do work to make the business more efficient by using technology and economies of scale but because what they are able to sell the business in the future largely depends on earnings, they look to increase outputs and limit inputs. In other words, how can we pay people the least amount of money and get the most labor. How can we provide customers the cheapest product and receive the highest price point. 99% of Private Equity is not looking to build a long term business. They buy optimize and sell! I personally would not want to buy something complicated from a PE firm. For example, I would not visit a dental group owned by a PE group.

@VOD713 3 ай бұрын

Great explanation, clear to me now ✔️

@lvbadboy 3 ай бұрын

Great explanation there are so many silent players in the economy a little digging and wow you see to who and where it goes, I have changed my spending habits by not being blind to what business i spend my money at.

@0fficerIan 3 ай бұрын

No offense but the only reason I clicked on this video is because the dude in the thumbnail looks like a reconstruction of a historical or ancient person based on bones or statues.

@RhacsandMTG 3 ай бұрын

So this is the guy who made the vet so damn expensive. I call them the dog mechanic the way they say I need to come back to give them more money

@andreas_tech 3 ай бұрын

USA equity sharks.

@Dropdabrickonyotoes 3 ай бұрын

Dan Pena student winning hard fr

@MarcusAurelius7777 3 ай бұрын

Aw this is so cute like his brother - what a joke

@tuckerbugeater 3 ай бұрын

just be a stoic bruh

@Figgaz85 3 ай бұрын

@stanleykubrick8786 3 ай бұрын

Your sports troupes are exhausting. There are better things that people should be honestly considering than sportswashing. Otherwise, pretty good interview.

@JawnLam 3 ай бұрын

If you don't know how to solve the problem of light flicker and high frame rate, THEN DON'T USE HIGH FRAME RATES!!!

@dexterfarai 3 ай бұрын

Bro look like offbrand Daniel Ricciardo

@MX304 3 ай бұрын

Underrated comment.

@MarcusAurelius7777 3 ай бұрын

Demented Ricciardo

@tuckerbugeater 3 ай бұрын

@@MarcusAurelius7777 ricardio stein berg

@MarcusAurelius7777 3 ай бұрын

@@tuckerbugeater Jerry Seinfeld Ricciardo

@dexterfarai 3 ай бұрын

@@MarcusAurelius7777 Mom: Jerry Steincardo isn’t real, he won’t hurt you Jerry Steincardo: 😭😭😭😭

@Hud.Alexdavenston 3 ай бұрын

They make a really good team & Bill Gates feels like an Inspiration here

@Dantursi1 Ай бұрын

The 1% of rich people think of how to invest their money to increase their wealth during the recession. While 99% of struggling hard-luck people think of how to survive without food and daily necessities in the recession and the coming hyperinflation

@Quason788 Ай бұрын

In my taxable account I went into dividend investing route. In my Roth I did the buy and hold route with an S&P 500 ETF and total market ETF along with some Berkshire B stock and SCHD. My portfolio is made up of dividend ETF’s, dividend stocks, growth stocks, it allows a bit more freedom in specific areas

@Davidstowe872 Ай бұрын

True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.

@CindyValenti Ай бұрын

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

@Davidstowe872 Ай бұрын

She's known as 'Amber Dawn Brummit'. One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.

@CindyValenti Ай бұрын

Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.

@tobias_thestrategist 3 ай бұрын

very inspiring man, humble and wise

@samuraijack1371 3 ай бұрын

Given how much a vet charges these days I expect this guy to be a trillionaire

@user-zs7tx8od7h Ай бұрын

Is this QLA? What Dan Pena teaches?

@bryangutowsky 3 ай бұрын

Beast.

@remmykipkorir2362 3 ай бұрын

can be great to put he's name on the title.

@prawnstar9213 2 ай бұрын

Yeah.. you think this is a good thing?

@MarcusAurelius7777 3 ай бұрын

This man is so intelligent - Listen to how fast he talks lol 😅🤔

@leyhaw1466 3 ай бұрын

i want to do this.

@steveruiz4601 Ай бұрын

Secret to success: seeing your dad stressed in a jacket

@blackamir5530 3 ай бұрын

Dude looks like Mark Zuckerberg with a beard lol

@scottkelley883 3 ай бұрын

Shore is horrible. Private equity that buys health care, addition treatment, creates value in horrible ways at the cost of human life inevitably. The government really ought to create more legislation protecting industries like those from PE

@farzana6676 3 ай бұрын

What are these horrible ways that cost human lives. You've made a vexatious accusation without any substantiation.

@jalanmcrae 3 ай бұрын

@@farzana6676Do your own research.

@callumdabomb292 3 ай бұрын

@@farzana6676think about it, PE firms are looking to increase margins so they can sell the business at a higher price, when they buy things like prisons and health care facilities (look it up they do this), increasing margins means less time spent with patients or fewer prison guards. The conflict of interest between the greater good of society and private equity firms is clear

@Dixon_Yamada1 2 ай бұрын

$15 Million average for acquisitions are NOT "mom-and-pop shops".

@Rockypackboa 3 ай бұрын

So nobody’s talking about how that lady made herself look like a zombie?

@ryanpenman251 Ай бұрын

I'm about to quit my job of 5+ years at a company that was recently acquired by a private equity firm..

@jcole82 2 ай бұрын

Wow she never looked at the csmera but was able to rattle off her facts

@neli.rio1395 3 ай бұрын

And I bet he never pays his taxes.

@TaskSwitcherify 3 ай бұрын

He's like Walmart

@redbaboonass4416 3 ай бұрын

3:33 that vet might wanna take out that syringe and reinsert it cuz he/she definitely wasn't hitting a vein.

@ThomasJones-sz3sx 3 ай бұрын

Classic rollup!!

@dustinhensley7995 3 ай бұрын

This is a Unicorn!

@Figgaz85 3 ай бұрын

No it not. His father is Jeff Ishbia (google it) who is already an BILLIONAIRE attorney in the acquisition's of the mortgage business. His brother is also a BILLIONAIRE. This is not a rags to riches story he comes from generational wealth.

@asifhashmi2161 2 ай бұрын

Father of black Rock 🗿

@safetime100 3 ай бұрын

❤❤

@MrDeadlyCrow 3 ай бұрын

PE is brilliant for being VC

@MoKadir96 12 күн бұрын

I knew from his face and the level of his success, he is jewish. I just googled to confirm and it was true. these guys are built for business success

@itloads 2 ай бұрын

According to the comments Justin's dad is a billionaire. Might want to give the old man a shoutout?

@Elaba_ Ай бұрын

Watch the yealous reactions in the comments below.

@Ricocase Ай бұрын

1st fund $112 million dollars (billionaire's son), matt was a spac guy if i rrcall. Substance abuse ctr. Shutdown due to excessive reimbursements. Private equity combines (business) scraps and cuts fat to resell the meat at a higher margin.

@harsimran1 Ай бұрын

Without doing anything, I'm going to say principals of Jewish teachings.

@thabonape5247 3 ай бұрын

Forbes has fkn problem

@melburn4596 Ай бұрын

I dont see the value he is providing and how he is adding any value to the economy

@williamelewis464 3 ай бұрын

you mean he bought ratholes and is trying to legitimize them with a news piece, and Forbes was happy to oblige

@militiamc Ай бұрын

Forbes, you never mentioned that his father is the billionaire founder of United Wholesale Mortgage. His brother is also a billionaire, as the now CEO of his father's company United Wholesale Mortgage.

@Mfalmejames 3 ай бұрын

reputation

@MakingMovesMajor Ай бұрын

Son of a Billionaire

@cazcavazos5894 3 ай бұрын

🤢🤢🤢

@Tubefish07 3 ай бұрын

11 minutes and 7 seconds of a privileged guy complimenting himself. Nice!

@danielgarcia-zw9ut Ай бұрын

I have nothing to learn from a man who's never made a business mistake. I rather hear from a 7 figures millionare who can give multiple examples of nearly fatal mistakes