Searchlight Capital Partners’ Post

It's awesome to see former athletes 𝘴𝘶𝘤𝘤𝘦𝘴𝘴𝘧𝘶𝘭𝘭𝘺 𝘵𝘳𝘢𝘯𝘴𝘪𝘵𝘪𝘰𝘯 to business... Grant Hill is joining the new Baltimore Orioles ownership group ⚾ Hill is also an investor in the Atlanta Hawks: 🏀 2015: $850m valuation 2023: $3.3B valuation And that's not all... • Grant Hill and his wife Tamia are part owners of Orlando City SC (MLS) and the Orlando Pride (NWSL) ⚽ • Hill is a basketball analyst on Turner Sports, wrote an autobiography, started a PE fund, and has an extensive portfolio of commercial real estate. 𝙏𝙝𝙚 𝙘𝙤𝙢𝙢𝙤𝙣 𝙩𝙝𝙚𝙢𝙚: 💭 ❶ Maximize your time as an athlete (growing your wealth and influence). ❷ As you near retirement, start taking on projects to make the transition easier. ❸ Once retired, used media to stay relevant (books, TV, events, radio, etc) and prioritize ownership through a portfolio of investments. 𝗧𝗵𝗲 𝗯𝗲𝘀𝘁 𝗽𝗮𝗿𝘁...𝘁𝗵𝗶𝘀 𝗳𝗼𝗿𝗺𝘂𝗹𝗮 𝗰𝗮𝗻 𝗯𝗲 𝘂𝘁𝗶𝗹𝗶𝘇𝗲𝗱 𝗳𝗼𝗿 𝗮𝗹𝗹 𝗮𝘁𝗵𝗹𝗲𝘁𝗲𝘀 𝘄𝗶𝘁𝗵 𝘀𝗹𝗶𝗴𝗵𝘁 𝘃𝗮𝗿𝗶𝗮𝗻𝗰𝗲𝘀 𝗱𝗲𝗽𝗲𝗻𝗱𝗶𝗻𝗴 𝗼𝗻 𝘁𝗵𝗲𝗶𝗿 𝗱𝗲𝗴𝗿𝗲𝗲 𝗼𝗳 𝘄𝗲𝗮𝗹𝘁𝗵 𝗮𝗻𝗱 𝗶𝗻𝗳𝗹𝘂𝗲𝗻𝗰𝗲. Been fun executing this w/ a select few athletes @ Profluence Sports.

This post might not go over well... So I am sorry in advance. But I need to get it off my chest. The last few days back in Toronto I have had a few young rockstars come up to me on the streets and tell me all these amazing things they think of me and my story. How they look forward to my Instagram posts and LinkedIn posts. Although very flattering I need to level set just who I am with you all. As a young kid in my teens, I wanted to be a MILLIONAIRE!!! So one day I can provide for my family and do something good in the world! I would watch guys like Gary Vaynerchuk and Tony Robbins for 10 hours a day. I would start a new business every weekend. Driveway sealing, window cleaning, a paper route... it didn't matter. The PAIN I would simply ignore. The STRESS I would simply ignore. This is how it is supposed to feel right? Eventually, the businesses worked. And I made money. I made A LOT of it. More than I could have ever imagined. Got the awards, got the exit, got the car, got the house, got the girl... boxes were checked. But for the young guns reading this, I want to tell you something nobody ever told me about this journey... Hustling IS good. I still do it, and I still outwork most of you ;) But please... please... please... realize that it is only ONE BUCKET. There is so much more to life than just filling the one bucket of money and success. I neglected ALL of the other buckets in my come-up. - My health suffered (mentally and physically) - My friendships suffered - My connection to my family suffered. - My joy and happiness... empty. - My connection to god evaporated. - My intimate relationships were dust. - Nobody wanted to be around me... I was empty and convinced myself that was how it was supposed to be. I was wrong. Now at 29... I am still just learning like the rest of you. However, I can tell you with confidence... there is a LOT more to life than just making money. Fill all your buckets, and prioritize what is important in this short life <3 ps: The above is one of the main reasons the Founders Club exists... #Happymonday #letswintheday

Reflecting on the adage 'Your network is your net worth,' I'm compelled to share a transformative experience from the 3rd Annual 18 Alpha Investing Real Estate Ski Retreat in Beaver Creek, CO, masterfully hosted by Dean "GOGS" Valentini and his partner Anthony Mirabile Each year, this event has humbly positioned me as the 'dumbest' person in the room—a status I've come to cherish deeply. It's in these moments, surrounded by individuals whose brilliance eclipses my own, that I've discovered the true essence of growth and the immeasurable value of an empowering network. The retreat has evolved remarkably over the past three years, transcending its initial focus on the tactical aspects of wealth accumulation. Instead, it has pivoted towards the core elements that truly enrich our lives: happiness, meaningful relationships, and the pursuit of harmony over hustle. This shift underscores a profound realization that success isn't merely about the accumulation of wealth but about fostering a life filled with genuine contentment and connections. This journey has reinforced my belief in the importance of surrounding ourselves with extraordinary individuals—those who challenge us, inspire us, and encourage us to grow alongside them. It's a reminder that our growth is not just about where we are heading but also about who we choose to walk with along the path. I invite you to reflect: When was the last time you embraced being the 'dumbest' person in the room? How has your network shaped your journey toward growth and fulfillment? #realestate #mastermind #retreat #mindset #realestateinvesting #business

Great insight towards the other side of business👍

Being the provider for your family is an incredibly powerful aspiration. Imagine being able to “retire your spouse” and giving them the freedom to pursue their passions. Stephen reached out last year with exactly this dream -- To retire his wife from her stressful corporate job. After years of working in various real estate asset classes, He was struggling to build up enough consistent cash flow to manifest that vision. He joined our land-flipping coaching program and we: - Educated him on the end-to-end process - Created a personalized launch strategy and plan - Advised him along the way on markets, acquisitions & sales - Coached him on overcoming self-doubts and limiting beliefs - Celebrated his many wins on the path to achieving his goals Now, just over 1 year since beginning his land-flipping journey, His wife will be putting in her notice next month. Her plan? Start up a boutique consulting business she’s been dreaming of for years. She’s really looking forward to spending more time raising their 2 young kids. As a coach (and friend), nothing beats enabling transformations like this. I’ve felt the tremendous reward of retiring my spouse from a 9-5. And I can tell you nothing has been and continues to be more rewarding. If you aspire to provide more for your family -- If you struggle with creating enough income from real estate -- If you are stumped by where to start in your real estate journey -- Reach out and let’s make a plan.

One of the hardest events founders go through is an acquisition offer. It’s such a whirlwind of emotions and stakeholders to deal with. They have to think about the team, whom they have been leading for years and how to make sure they are getting them compensated and land in a new and better place. The investors, whom have entrusted them with their money based on a shared belief that they can bring it back in folds one day. Them, they have put their lives on pause and most probably lost so many opportunities and friends long the way. Because of the mission they probably lost some of their health as well. How can they compensate all of these parties, how can they guarantee a safe landing for the team, and how can they embrace the new acquirer and treat them as if they were always part of each other. It’s so tough. Let’s all be empathetic and appreciative of all the founders going through this nowadays and in the future.

Are We Ignoring the Inevitable in Family Businesses? Did you know that over half of the US Gross National Product is generated by family businesses? Yet, startlingly, less than one-third make it from the first to the second generation. What happens to those who don’t have the tough conversations? Imagine Berkshire Hathaway or Wal-Mart—giants that began as family ventures. Now, picture your local family store. Roughly 90% of U.S. businesses are family-owned. But here’s the kicker: they often resist change, even when growth demands it. The result? The founding generation clings to power, and familial roles dictate business dynamics, sometimes to the detriment of all. 🔹 The bully brother insists on his way in the boardroom, just like he did in the childhood playground. 🔹 The peacemaker, always smoothing over disputes, now navigates corporate conflicts. 🔹 The budget-conscious mother, once the household's financial sentinel, now scrutinizes every company expense. This is the crossroads where business meets family, for better or worse. Change usually comes when the pain is unbearable—when the business's future and family harmony are at stake. The options? Sell, merge, close, or continue the status quo. But if they choose to stand still, the tough questions loom large: 💡 Should they stick together, or is it time for someone to step away? 💡 Is it time for the baton to be passed to the next generation? 💡 Do they need an external professional manager to steer the ship? For a family business steeped in tradition, the hardest part is making the leap to implement change. So, let's talk. If you're part of a family business: How are you preparing for the inevitable transition? What challenges are you facing in this journey? Or if you’ve been through it, what wisdom can you share? Share your story in the comments. Your insight could be the beacon that guides another family business through their twilight crossroads. #familybusiness #successionplanning #businesstransition #familybusinesses

This year, I nearly forgot a promise. I am glad I have been improving on it year after year, but I admit I can do better. December is one of my favorite times of the year. Everything slows down, and there is a pause from work, school, and most other things. It is the perfect time to spend with friends, family, and loved ones. I have echoed this every year to past classmates, clubmates, and coworkers, and today I can spread this culture with the Future Gen team. This December I was able to attend a friend’s wedding in Florida, go to Disney World with my significant other, and sign a lease in #Tacoma WA in preparation for the next steps in my entrepreneurial journey. And somehow, I almost did not spend #christmas with my family, which makes no sense. I cannot believe I almost didn’t for the sake of some business to take care of. I am happy to say I made it back to CA in time to spend it with fam. Driving 1,000+ miles is no obstacle for me when it comes to family. This year ends with another happy ending. However, this is a practice what you preach that I have a history of struggling with. Not because I lack people who are near and dear to me or because 1,000s of miles distance between us, but usually because I tell myself there is a more responsible thing to do. That a sacrifice must be made for a greater good. Let me tell you – this is rarely ever the case. Culture begins from the top down. Make time for what is important to you. I hope you got to spend some R&R investing in what is important to you. Your INNER core. #founderstory #startuplife #family #holidays #grateful #buildinginpublic P.S. If anybody is curious, it takes about 26 hours to drive an EV from #seattle to the #la area

Did you know Super Bowl LVIII marked a pivotal moment for Las Vegas, transforming from the 'Sin City' of old to a luxury entertainment hub? This shift mirrors the importance of diversification - not just for cities but for businesses too. As gaming revenue's share declines, Las Vegas thrives by broadening its appeal. A reminder for family businesses: yesterday's success formula might not work tomorrow. Let's explore how this principle can guide your investment strategy. https://lnkd.in/gPkPt9Z4 | #superbowl #familybusiness #vegas #investment

Reflection is key before embarking on new ventures, both in life and business. On this evening before New Year's Eve, take a moment to ponder the foundations you've built this year and the goals you aspire to achieve next. We strive for more than just success; we aim to secure personal time and freedom. Here's to laying down more building blocks for our empires in the coming year. #NewYearGoals #CareerReflection #PersonalGrowth