Justin Ishbia
๐ค SpeakerAppearances Over Time
Podcast Appearances
I look up to organizations or operating companies like the DBS system.
We're trying to create something very similar in the private equity community.
And so everything we do is codified, written down.
If you walk in, you're on four walls and you're in our offices.
We have the concepts of an idea.
So when our firm comes up with, they want to invest in the sector, let's pick on the veterinary sector.
Everyone knows what that area is.
So, okay.
I did generation until the day we signed a letter of intent to that platform.
We call that nine things of baseball.
There's literally hundreds of steps that go into each inning has used between five and 15 steps.
You must go through and he signed a letter of intent.
There's four quarters of closing a deal.
We make mistakes over and over again.
To make a mistake, you actually add something to that full quarter and say, hey, make sure you check with International Tax Council about A, B, or C. So, create a codified system.
We close the platform.
We 100-day plan.
We have 23 standard operating procedures we put into every business.
So, we potentially onboard to the shore way of how we do things.
We own a business that's the planting phase, the growing phase, the harvesting phase.