Dan Fleyshman

So you've mentioned that you have other ventures.

Now you've got your core business that you've had 12,000 clients on, but then you started investing into actually scaling some of the salons and scaling some of the dental practices and investing in some of them involved in a winery, et cetera.

Like how did you decide the things that you were looking into?

So there's this investment theory that you guys have heard me talk about occasionally.

It's called 40, 40, 20.

I want to do 40% low risk.

I'm hoping to make between 5% and 9% for the year.

I want to do 40% medium risk, hoping to make 10% to 30% for the year.

And 20% is my shot at glory.

It's very high risk.

If it works out, I want something crazy to happen.

8X, 13X, et cetera.

If it doesn't work out or takes a long time, I'm hoping for the medium risk and the low risk to cover the high risk.

The medium risk side, this is real estate, cashflow and businesses.

and the stock market.

Low risk, CDs at your bank, S&P 500, things that are solid, tried and true that have been around for many, many years.

Okay, on the investing side.

They did it.

They made the money.

They sold their practice.