Tim Herriage

We're at lunch in October. I'm like, hey, what if I just gave you all your money back? He's like, we'd take it. I was like, oh. I thought my wife afterwards was like, yeah, we've got to come up with a couple million bucks. A couple of text messages. Tom and Bill are like, dude, we're in. We'll do the whole thing. Next thing you know, we buy them out. And it's just me, Tom and Bill.

We're at lunch in October. I'm like, hey, what if I just gave you all your money back? He's like, we'd take it. I was like, oh. I thought my wife afterwards was like, yeah, we've got to come up with a couple million bucks. A couple of text messages. Tom and Bill are like, dude, we're in. We'll do the whole thing. Next thing you know, we buy them out. And it's just me, Tom and Bill.

But it's a friendship that turned into business because it was never intended to be business. It wasn't transactional. So you can get in these rooms and do it wrong if you're walking around only thinking about what can I get from you?

But it's a friendship that turned into business because it was never intended to be business. It wasn't transactional. So you can get in these rooms and do it wrong if you're walking around only thinking about what can I get from you?

Right? Well, I got to interrupt because that is so much the idea behind Ternus. Yeah. I do not need the money I'm going to get from the crowdfunding. As a matter of fact, we have this thing called the Founders Club for this round of investors where they get 500 bucks off of any loan they do.

Right? Well, I got to interrupt because that is so much the idea behind Ternus. Yeah. I do not need the money I'm going to get from the crowdfunding. As a matter of fact, we have this thing called the Founders Club for this round of investors where they get 500 bucks off of any loan they do.

So if the minimum investment's $1,000 and you do two loans, you got shares for nothing.

So if the minimum investment's $1,000 and you do two loans, you got shares for nothing.

The value in this offering is going to become twofold. One, obviously, now you have these ambassadors that are shareholders throughout the nation telling people about Ternus. But two, when we have the annual shareholder meetings, We want a community of people to tell us what we're doing wrong. I don't want a community of people to blow smoke up my ass or tell me that we need to focus on.

The value in this offering is going to become twofold. One, obviously, now you have these ambassadors that are shareholders throughout the nation telling people about Ternus. But two, when we have the annual shareholder meetings, We want a community of people to tell us what we're doing wrong. I don't want a community of people to blow smoke up my ass or tell me that we need to focus on.

Southwest Airlines made the world's worst mistake this week. It isn't weak. Yeah. Bags no longer fly free. Oof. And now they are reorganizing their workforce in the airports. And a CEO, when explaining it on the news, he led with the word profit.

Southwest Airlines made the world's worst mistake this week. It isn't weak. Yeah. Bags no longer fly free. Oof. And now they are reorganizing their workforce in the airports. And a CEO, when explaining it on the news, he led with the word profit.

And the minute, if you've ever read Jim Collins' Good to Great. That's right. The minute you start talking about profit first versus how do I serve my customer? How do I get better? What am I doing wrong? it means you're going in the wrong direction. I would almost guarantee you Southwest Airlines out of business the next 10 years and merge with someone else. Wow.

And the minute, if you've ever read Jim Collins' Good to Great. That's right. The minute you start talking about profit first versus how do I serve my customer? How do I get better? What am I doing wrong? it means you're going in the wrong direction. I would almost guarantee you Southwest Airlines out of business the next 10 years and merge with someone else. Wow.

Because now it's all about profit. And if it's all about profit and shareholder value at that point, It's commoditized, right?

Because now it's all about profit. And if it's all about profit and shareholder value at that point, It's commoditized, right?

But now they're more expensive than American.

But now they're more expensive than American.

You might as well get an Uber and just work from the back and get to skip a... You think I'm not considering it?

You might as well get an Uber and just work from the back and get to skip a... You think I'm not considering it?