Tom Finnegan Flip This House Book
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Multi-purpose, color coded notebooksI'll get to you in a second.Tim, I'm excited to tell you that I've closed a deal. I've just sold Flip This House to Audible.com for $4 million.To hear you say that is a lot of money is a classic understatement of the century. I'm ecstatic that I'll be able to work on it even more and maybe even get to that kid's last name.
Tim Ferriss: Okay, great to hear.Like all of the projects we finance -- and there are hundreds of them -- we do it because we love it. And expecting anything less of them is being cheap. It's my job to maximize the life of the investment and get as much profit out of it as possible. I only back projects I'd personally use or that I'd like to back. I'd like to do more of that, but we're doing that all over the country. That in itself cannot help but be depressing as we have to close down a dozen of them every year because, as you know, everyone and their brother is a contractor. I even have friends who are contractors.
And they're getting out. So when they say it's their dream job, or when they tell me to my face that they love it, then you have to have some kind of love for that work to have the passion and energy to pursue it. And if it causes heartburn and hits you in the pocketbook -- well, there's always someone else. d2c66b5586