Peter Thomas

Dogtopia where they take care of dogs.

Dog, yeah, doggy daycare, yeah.

The lady had, she had about amount of 15, 20 stores.

and was kind of struggling looking for money.

And so I wound up lending her some money, and then that loan turned into equity, and then it was gonna go broke, so I wound up taking over the business, and it's got about 300 now, over 300 stores.

And I sold at 165.

I took- 165.

Yeah, I took it from like 15 to 165.

incredible what uh what were some of the mistakes that you made along the way that you know maybe not mistakes but failures that toughened you up a little bit um uh i was trying to think of that very good i thought you know i don't focus on mistakes yeah you know you don't you forget about them so i had to really think about them uh and i'm sure there was many many of them along the way um

I think mistakes can be made in the very beginnings of your negotiations.

When you think you understand a deal, you're looking at it, and you negotiate the terms of it, you'd be much better off if you didn't say yes too quickly.

I sometimes agree to the deal, shake hands, and you got a deal, and then you realize a little bit later you left a lot on the table.

I mean, he was good at it.

That does amaze me sometimes.

You hear those people who rip people off.

The top celebrities, the top lawyers, everybody gets taken in on it.

Yeah, yeah.

Which is super cool.

We had one before.

I think, Tony, the big thing that I have to guide me