Ben Sampson Headshot

Start and scale a business that gives you freedom

Hey, I'm Ben!

I build, buy, and invest in businesses.

I've had 2 successful exits. Way more failures.

I write about building Freedom Companies to achieve what I call the three freedoms:

A life of financial freedom.
A life of time freedom.
A life of creative freedom.

I send one action packed email a week called a 1x1x1 covering crazy cool businesses I spot, updates on what we're building and buying, and lessons from the journey of an entrepreneur. Β 

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Ben's 1x1x1 - April 19, 2024 πŸš€ - De-risking

For those of you that are new here, every week I send what I call a 1x1x1.
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One learning, reminder, or interesting item from my week.
One interesting find/tool from my week.
One image from my life.

Let's dive in πŸ‘‡

Learning/reminder of the week

De-risking

I think a lot more about risk than I have in the past. For the bulk of my professional life, I've been "risk-on" (god that was a fun decade) but now I analyze investments, deals, clients, and most importantly, my time, through a new risk filter.

I'm constantly asking myself "how can I de-risk this?"

Examples of me de-risking:

  • The ability to liquidate equity in a startup investment when a secondary round of funding takes place.
  • Taking equity in businesses for time investments rather than capital.
  • Me having one glass of wine on Saturday night instead of four.
  • (Bonus) Turning the tables and de-risking potential clients. I've loved doing this. I just did this with a really large growth marketing proposal. "Mike, if I can't drive you results in 60 days, I will give you a full refund."

This new filter has been super effective for me personally. Far fewer sleepless nights!

Interesting find/tool of the week

We build a lot of websites and the tech just keeps getting better. A team member just sent me a tool called Relume yesterday. It makes it super easy to generate sitemaps and wireframes. I think could be super beneficial for quickly aligning with clients on what the sites need to accomplish.

Image from my life

Wine tasting with the boys!

See you all next week!