What we discussed in the epsisode:

PARTNERSHIP WITH CARDONE VENTURES (2:39)

• He created a unique business model for the employees as well as the customers.
• They created a platform for small to mid-entrepreneurs in real estate to help them get resources and expand their businesses.
• It was a way to help his investors personally, professionally, and financially.
• Before running a business, you need to have the systems and processes in place.

TURNING IDEAS INTO REALITY AND HELPING SMALL BUSINESSES (05:01)

• He had to sell his company because didn’t have full control over it, and he wanted to avoid that happening again.
• He wants to help small businesses to have resources and money that were once only available to big companies.
• He wants to educate business owners about selling their companies. He seeks to teach them how to analyze the consequences of selling parts of their businesses.
• Customers, as well as employees, must be shareholders.
• When he finally sold his company for a significant amount of money, his founding customers and employees got their share.
• He encourages owners to create value within the system and not outsource money from external entities.

LEARNING BUSINESS INSIGHTS (13:06)

• Experience and failure are his teachers.
• He bought 103 businesses and changed his lifestyle to accommodate his ventures.
• He got rejected through most presentations, but he persevered despite the odds.
• He emphasized not taking a loan for your business to grow.
• Business owners need to be aware of the problem, and sometimes these are tactical or structural.
• Taking the traditional route will not always work.

MAKING CONNECTIONS (17:01)

• He messaged business owners and coaches who have social media accounts to build connections with them.
• At first, he did not have followers. But later on, he realized he wants to share his insights and teach people how to run and grow a business.
• He wants to share that every move in the business world is a technical move.

THE REALITY OF RUNNING A COMPANY (18:35)

• Incremental improvement is how you move forward, not by making radical changes.
• Prepare for failures but make improvements to avoid them.
• Listen to those who run a business and not to those who are only interested in profit.
• Building and managing a business does not come with instant gratification.

BUILDING A LEGACY (22:59)

• Legacy means changing the lives of people he chose to work with.
• He wants his legacy to be the personal, professional, and financial impact on the people who trust his work.
• Make wide and deep connections.
• Help business owners be successful while pursuing their passion.