Operator Investor Divide
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Nick Huber shares his perspective on the distinction between being an operator versus an investor/advisor, particularly in the context of building multiple businesses through Twitter influence. He emphasizes that success doesn't always require deep operational involvement, but rather finding and empowering the right operators.
Key Points:
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Building Through Twitter Influence:
- 96% of $41 million raised for real estate came from Twitter
- Uses provocative content to generate 30,000,000 impressions monthly
- Leverages audience to launch and grow multiple businesses
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Operational Philosophy:
- Can't operate all companies personally
- Focuses on real estate as primary business
- Success comes from finding and delegating to strong operators
- "I'm an investor, I'm an advisor, and I pump their stuff on Twitter"
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Key to Success:
- Ability to spot and read talented operators
- Finding people who "think about business the right way"
- Building companies through delegation rather than direct management
- Using influence to drive growth while others handle operations
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Strategy for Growth:
- Takes ownership stakes (10-20%) rather than operational roles
- Uses Twitter following to promote and grow businesses
- Focuses on being customer, investor, and advisor
- Helps with strategy while leaving day-to-day operations to others
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Personal Limitations:
- Acknowledges not having skills for running larger companies
- Recognizes difference between his role and full-time operators
- Values partnership with skilled operators over direct management
- Maintains focus on core business while expanding through partnerships
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Future Vision:
- Aims to build portfolio of ownership in great small companies
- Focuses on finding "killers" who are good at business
- Plans to pull talented operators into opportunities
- Seeks to improve businesses through better management
40:29 - 41:48
Full video: 59:25NH
Nick Huber
Real estate investor and entrepreneur with a thriving business in the field. Shares insights on popular business podcasts, including "My First Million." Focuses on educating others about real estate investing and financial literacy through public speaking and online platforms.