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Don't Make the Same Mistake as Soho House in Your Business?
Soho House is a popular hotel chain among creatives and artists. Does it make money? No. Its raised over $600 Million in equity with no return to its investors.
What did they do to earn a return? They passed off the buck to the retail market by going public. In this episode we talk about what makes a great brand. We focus not only on the brand in the customers eyes but also in the employees, vendors and investors eyes. A great brand is not only outward facing, it is also inward facing. We talk about a holistic approach to building a brand. 600 million in debt doesn't contribute to creating a powerful brand if a company makes no money. Its also a warning to us, not to invest in, buy or build companies that run off of debt and not positive cash flow.
"""Evaluating a Business Requires Effort & Diligence, Buying a Business Requires Patience.""
--Red to Black Podcast
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We are not financial advisors and do not provide any financial information for investment purposes. All our advice is solely our opinions. When you consume our content you are responsible for how you perceive, judge and evaluate this content. Any decisions you make in the future based on this content is not our responsibility since this content is our opinion.
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