• Ep 310 | Euro Amer

  • Apr 14 2025
  • Length: 1 hr and 33 mins
  • Podcast
  • Summary


    • Amer is on a spontaneous solo trip to Europe, reflecting on personal growth and independence

    • John shared insights on evaluating businesses and personal spending priorities

    • Austin is considering evaluating a family member's logistics/moving business for potential purchase

    • Reached personal and business goals, now seeking new direction and purpose

    • Spontaneous solo trip to Europe (Spain) for self-reflection and independence

    • Exploring questions about life purpose, career path, and personal values

    • Learning to be more disagreeable and set clear boundaries in relationships

    • Austin considering evaluating family member's logistics/moving business

    • John advised caution, highlighting potential issues:

      • Likely an owner-operator model with thin margins

      • Low barriers to entry, potentially not a good long-term investment

      • Importance of understanding gross margins and unit economics

    • Amer suggested process mapping and time inventory analysis for proper evaluation

    • John emphasized focusing on small, impactful purchases (e.g., quality socks, underwear) over expensive items like cars

    • Discussed the value of upgrading living spaces for quality of life improvements

    • Importance of regularly reviewing subscriptions and cutting unnecessary expenses

    • Amer shared a journal entry about the emotional difficulty of firing an employee

    • Reflected on the challenges of leadership and balancing company goals with personal relationships

    • Austin shared an exercise on calculating remaining days in one's life

      • Example: ~24,000 days left if living to 95 years old

    • Discussed the impact of visualizing finite time and its effect on decision-making

    • Amer to continue personal reflection and consider sharing insights on social media

    • Austin to gather more information on the family business before considering further evaluation

    • John to implement his meeting frequency adjustments with franchise representatives


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