One firm. 15 people. Just 1–2 AI power users. Everyone having access isn’t the same as everyone getting value. The real efficiency unlock is making AI part of the entire team’s day-to-day.
Does this sound like your office?
40 episodes. 6,000+ YouTube subscribers.
Thank you to everyone listening, and to our sponsor Diag Partners for making it possible. ⚓
Every episode + newsletter: intheharborpod.com
Everyone has ChatGPT. So why are most firms seeing no real productivity gain?
Spencer Reich (ex-Tiger Management, now @ The SER Group): "It's really easy to get started with AI… but when you start moving from individual player mode to enterprise-wide production, it's extremely challenging."
Full episode in the reply 👇
Full conversation with Spencer Reich on In The Harbor #40 🎧
▶️ YouTube: youtube.com/watch
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Every episode: intheharborpod.com
Don't sell when you're desperate.
"If I know my client has to sell the company, I've already lost leverage in the negotiation." — Khaled Azar
And if you can predict the top of the hill, you'd be a gazillionaire. 🎙️
Cash is king. Then seller notes, then earn-outs, then rollover equity. Khaled Azar of Livmo M&A on why a $10M offer isn't always $10M. Would you take 20% in rollover?
“You’re slightly delusional if you want to be a founder.” Khaled Azar of Livmo M&A agrees, and says it’s a feature until you sell.
Owner wants $12M, the advisor says $8M, and the market usually settles it. Would you rather hear the real number from your advisor or from the market?
80% of business sales never close. You just don't see those posts.
"I study the graveyard. I don't just study the halos." Khaled Azar, Livmo M&A
Everyone's drinking less. @zimsvodka founder Terry Olson saw it coming and made Zim's 59, which he calls the lowest-calorie ultra-premium vodka.
Low-proof before it was cool. Would you try it? 👇
"They'll bring you in. They won't put you on the shelf."
A competitor kept moving @zimsvodka's bottles. Founder Terry Olson found a way to answer.
How does a $20 bottle turn into a $50 bottle overnight with no change? @zimsvodka founder Terry Olson says the brown liquor guys got greedy. Agree? 👇
Distilled 6×? Marketing BS.
Polish chemist on @ZimsVodka: "We distill once. We do it right."
It's not the bottle. It's what's in it.
Ever fallen for the label?
Families would rather talk about sex, religion, and politics than personal finances.
We're in the middle of the Great Wealth Transfer, and about 30% of parents still have no formal estate plan.
Clip with @j_s_schroeder
Most heirs aren’t 25. They’re closer to 60.
@j_s_schroeder on who actually inherits.
The car business has changed. How do you differentiate when most buyers start online?
Paul Zimmermann (Matick Auto) on most buyers starting online and what that means for a dealership.
Ten years ago, the car wash trade show was jeans and flannel. Then private equity showed up.
Paul Zimmermann @MatickAutoWash on how PE flooded the industry, and why Matick still sweats design, service, and location.
