Dan Fleyshman

So next part about investing I want to ask you about outside investing in people is buying companies or acquiring companies to fast forward your scale. Why is it useful to, as you're building a business, to potentially acquire competitors or companies that are smaller than you or midsize that you can acquire to help speed up the process of your growth?

All right. So investing in people, investing in acquiring companies. What about on the personal side? When do you know, like, okay, I've got enough capital coming in. Maybe I can go outside of my core company, outside of reinvesting the business. I don't have to bootstrap anymore.

All right. So investing in people, investing in acquiring companies. What about on the personal side? When do you know, like, okay, I've got enough capital coming in. Maybe I can go outside of my core company, outside of reinvesting the business. I don't have to bootstrap anymore.

When does someone like Phil start investing into real estate or businesses or private equity or even just the stock market and CDs and other things outside of your core business?

When does someone like Phil start investing into real estate or businesses or private equity or even just the stock market and CDs and other things outside of your core business?

Alright, let's talk about the philanthropy side. Why do you think it's important for companies, whether it's for their culture, their employees, or their brand outside, to involve charity into their world?

Alright, let's talk about the philanthropy side. Why do you think it's important for companies, whether it's for their culture, their employees, or their brand outside, to involve charity into their world?

On a personal level, what types of charities, how do you know when something can impact you? The way I talk about it is, oftentimes it's usually like, okay, someone in your family had breast cancer, so that's what you support. Someone grew up homeless in your area. Someone got Alzheimer's or dementia. Typically, that's how you find something.

On a personal level, what types of charities, how do you know when something can impact you? The way I talk about it is, oftentimes it's usually like, okay, someone in your family had breast cancer, so that's what you support. Someone grew up homeless in your area. Someone got Alzheimer's or dementia. Typically, that's how you find something.

And you will donate more money, time, and energy to things you care about. Like donating to Red Cross and donating to household name charities. You're just sending a check or a credit card deposit and you're just kind of checking a box. Versus my mom had this, my grandma had that, my friend from school had this. This happened in our community.

And you will donate more money, time, and energy to things you care about. Like donating to Red Cross and donating to household name charities. You're just sending a check or a credit card deposit and you're just kind of checking a box. Versus my mom had this, my grandma had that, my friend from school had this. This happened in our community.

Maybe it's not a family member, maybe it's someone in your circle. When you find something, it's not just about the money. You could literally donate your time. Like the toy drive, I rarely raise money. I didn't even start raising money until a couple years ago because the first eight years I just wanted people to volunteer or throw their own toy drives.

Maybe it's not a family member, maybe it's someone in your circle. When you find something, it's not just about the money. You could literally donate your time. Like the toy drive, I rarely raise money. I didn't even start raising money until a couple years ago because the first eight years I just wanted people to volunteer or throw their own toy drives.

this last one we got 200 000 toys because we finally like all right guys let's rally the troops and let's hey repeat md will you donate hey my friend will you donate like then we actually started hitting the phones because of the scale but for eight years it was just us on the floor wrapping toys right when you find something that you care about whether it's again in your community or in your life it's not just money what we're talking about you can donate your time you can donate your energy that could be social media power that could be your hands showing up showing up to a children's hospital showing up to senior citizen home and just spending your time

this last one we got 200 000 toys because we finally like all right guys let's rally the troops and let's hey repeat md will you donate hey my friend will you donate like then we actually started hitting the phones because of the scale but for eight years it was just us on the floor wrapping toys right when you find something that you care about whether it's again in your community or in your life it's not just money what we're talking about you can donate your time you can donate your energy that could be social media power that could be your hands showing up showing up to a children's hospital showing up to senior citizen home and just spending your time

Or it could be you rallying the troops, getting people in your communities or getting people on your social websites to help donate and help spread awareness for something that you care about. In your personal world, is there anything that has made you feel like, you know what, I really like this or this is the type of charity that I want to impact?

Or it could be you rallying the troops, getting people in your communities or getting people on your social websites to help donate and help spread awareness for something that you care about. In your personal world, is there anything that has made you feel like, you know what, I really like this or this is the type of charity that I want to impact?

the question i ask at the end of every episode has never had the same answer once and again i have a feeling it's not gonna be the same answer here so many many many many years from now when it's time for phil sitter to finally pass away and you have the six-year-old daughter and now let's say she's excellent age doesn't matter what her age is but you've built repeat md to become a 12 billion dollar company sold the company

the question i ask at the end of every episode has never had the same answer once and again i have a feeling it's not gonna be the same answer here so many many many many years from now when it's time for phil sitter to finally pass away and you have the six-year-old daughter and now let's say she's excellent age doesn't matter what her age is but you've built repeat md to become a 12 billion dollar company sold the company

to jeff bezos actually he's the one that acquires it for 12 billion dollars you have let's say half the company you cash out six billion dollars invest in real estate and accumulate all this wealth what percentage of your net worth do you leave to that little daughter