we had a billion dollars in assets under management i built the thing from zero everybody thought that job was really cool including my parents were like super proud but i've hated it was going through divorce it was working like seventy hours a week and so i bought the businesses to get the fuck out of corporates and then when i finally replaced my income is when i thought oh well now i'm going to take a job and become a partner in a private equity fund and then finally i got the balls to go do it all myself why do you biologic about how much you buy these for how much do they make what's the deal with these whereas the value add i wanna know ever i talk about laundromats one because that is one of the first businesses i bought and then two because i think if you can't understand taking a coin putting it in a machine getting out clean clothes dry clothes from it and running that business model you probably shouldn't run a business i have a belief that almost anybody could have a business that they currently work as a job and have some ownership in that business the thing is the worst part about running a laundromat is not reading the piano the worst part about running water matt is a machine breaks what do you do there's a homeless person they're like how do you handle that somebody breaks in your laundromat and breaks the glass door any human could handle that