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Elon Musk is pushing back on his reputation as a micromanager. The best employees, he says, actually need little management.

Elon Musk on micromanaging: ‘If you’re trying to make a perfect product, then attention to detail is essential’

⏲ 0:39 👁 20M

News4JAX The Local Station

Vic's new boss, Sheriff T.K. Waters, makes surprise appearance on The Morning Show

⏲ 7 minutes 👁 504

Grizzly True Crime

Florida Pre Med Student Kills Mom and Confesses on 911 Call | Emmanuel Espinoza, Press Conference

⏲ 47 minutes 51 seconds 👁 23.5K

The Australian newspaper has reported today on the circulation among police of a racist email showing an altered monopoly game called black monopoly.

Email shared by Northern Territory referred to corruption watchdog

⏲ 6:0 👁 2.5M

Post Office Horizon IT Inquiry

Stephen Dilley Richard Morgan KC - Day 66 AM (22 September 2023) - Post Office Horizon IT Inquiry

⏲ 2 hours 7 minutes 41 seconds 👁 33.1K

Healthcare Triage

Fraud, Abuse, and Malfeasance in the American Health System AWARDS

⏲ 5 minutes 18 seconds 👁 4.1K

Staying small is working out big time for Shore Capital. Their average internal rate of return on its 14 exits, all in health care, is 53%, net of fees. That’s nearly triple the average net IRR of U.S. buyout funds raised since 2009, according to data from Cambridge Associates. After Shore took its 20% to 30% cut of profits, its exits multiplied investors’ money by 5.5 times on average, also nearly triple the average total value to paid-in capital multiple of U.S. buyout funds raised during that period. Shore has never unloaded a company for less than three times cost before fees, nor, it says, has it ever suffered a loss. “Those are top 1% returns in private equity,” marvels one investor who asked not to be identified, citing his organization’s press policy. “That’s rarefied air, right? That’s more like venture capital than a traditional buyout firm.”<br/><br/>Ishbia and his team have acquired more than 1,000 mom-and-pop shops across the country (average cost: $15 million) since Shore’s 2009 founding and rolled them up into 61 larger chains of things including autism treatment clinics, bakeries and exterminators. “We’re buying businesses in Akron, Ohio, and Pittsburgh, and Birmingham, Alabama,” Ishbia says. “There’s more low-hanging fruit for me. It’s Joe Schmo on Main Street.”<br/><br/>Shore then invests in computer systems and equipment, stacks the businesses’ boards with industry veterans and hunts for complementary companies in adjacent markets. “We’re just buying and buying and buying,” says Ishbia, who insists Shore doesn’t take on as much debt as other private equity firms and doesn’t cut services or head count. “The private equity world gets a bad rap for ‘buy this, slash that.’ We are growth—we have almost 35,000 employees and hire thousands per year.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/mattdurot/2024/04/08/this-main-street-billionaire-bought-over-a-thousand-small-businesses-and-never-lost-a-dime-justin-ishbia/?sh=3140aa9e39ee<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

This Billionaire Bought Over A Thousand Small Businesses And Never Lost A Dime

⏲ 11:7 👁 565K

Growing Up In Scientology

LEAKED: New SCIENTOLOGY DOCUMENTS from Chicago

⏲ 1 hour 20 minutes 50 seconds 👁 12.2K

For Health Scholars

FHS#03: How to Find & Acquire a Healthcare Administration Job Part 1|Getting Started

⏲ 24 minutes 49 seconds 👁 5.7K

The US Cybersecurity and Infrastructure Security Agency issued an emergency directive telling federal agencies to search for signs of compromise from a recent Microsoft breach by a Russian group. Hackers stole email correspondence between Microsoft and its customers, including authentication details, posing security risks. Agencies are ordered to analyze stolen emails, reset credentials, and secure privileged Microsoft Azure accounts by April 30th.

US Agencies Ordered to Investigate Russian Group's Breach of Microsoft

⏲ 0:30 👁 380K

FedLife

The Fed15 Podcast: New Health Insurance Program for USPS Employees

⏲ 18 minutes 2 seconds 👁 1K

UF Health

Tiffany Alexander: UF Health Registered Nurse

⏲ 40 seconds 👁 280

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