September 30, 2020
Welcome to Capital University with Bryce Hall & Anthony Pompliano
Check out Capital University Podcast Episode Page, Subscribe on Apple Podcasts, and watch the Episode on YouTube
Key Takeaways
- In this new podcast, Bryce Hall and Anthony Pompliano partnered up to help creators turn their income into generational wealth
- Owning equity in a high-value business is a way of generating long-term wealth
- Thus, optimize for maximum possible valuations when building your business
- “So, maybe rather than getting 1x or 2x revenue, could you get 4x or 5x, could you get 7x or 8x, and as you crank on that multiple, that’s where the generational wealth comes from” – Anthony Pompliano
- Thus, optimize for maximum possible valuations when building your business
- Your Network is Your Net Worth
- Develop relationships and build connections to compound your investment
Intro
- Anthony “Pomp” Pompliano (@APompliano) is an investor, co-founder at Morgan Creek Digital, author of The Pomp Letter, and host of The Pomp Podcast
- Bryce Hall (@BryceHall) is the founder of PartyAnimal Apparel, co-founder of Ani Energy, and a social media personality. Check out his Instagram and YouTube
How Influencers Make Money
- Social media people are the athletes of the internet
- Most social media influencers make money from brand deals, YouTube AdSense, and selling merchandise
- Monthly incomes can reach $100k to $150k
- However, this isn’t sustainable longterm, the goal is to turn that income into generational wealth
Building Generational Wealth
- Bryce launched PartyAnimal 4 months ago, it’s now doing $1MM per quarter
- Turned into a business, this translates into $4MM annualized revenue, and applying a 4x multiple means a business worth $16MM
- While a business can provide a cash stream, the goal is to grow, scale, then sell it for maximum possible valuation
- This is achievable by optimizing for the highest multiple possible (e.g. growth rate, growth margin, etc.)
- “So, maybe rather than getting 1x or 2x revenue, could you get 4x or 5x, could you get 7x or 8x, and as you crank on that multiple that’s where the generational wealth comes from” – Anthony Pompliano
- This is achievable by optimizing for the highest multiple possible (e.g. growth rate, growth margin, etc.)
Your Network is Your Net Worth
- Develop relationships and build connections to compound your investment
- The network you develop helps you build wealth
