The New 1%

🔥 Ready to make way for Santa Claus with your own Chimney Repair and Duct Cleaning business in Maryland? Explore the intricacies of acquiring a business with just a 10% down payment on an SBA loan! Dive into our latest episode for a detailed analysis of this unique opportunity. 🔥

🎧 Episode Highlights:

1️⃣ Red Flag Alert: "Employee-free Business" - Understand the challenges and opportunities of acquiring a business currently operating without employees. Is it a hidden gem or a cautionary tale?

2️⃣ Strengths Insight: "Evergreen Demand in Home Services" - Discover why the home service industry, particularly chimney repair and duct cleaning, remains a lucrative and stable market.

3️⃣ Employee Quality: "Attracting High-Caliber Talent" - Learn how the industry's fair pay can attract higher quality employees, a crucial factor in the success of your business.

💡 Financial Breakdown:

• Purchase Price: $485,500

• Your Down Payment: Approx. $48,550

• Remaining Debt: Approx. $436,950

• Estimated Cash Flow: $150k, with about $70k remaining after monthly payments of $6,650

👥 Consult Your Team: Bring your accountant, lawyer, equity partner, and due diligence expert into the conversation. Make a well-informed decision that could shape your future.

🍪 Embrace the opportunity to own a turnkey business like a Crumbl franchise. It's more than just a transaction; it's a strategic move towards entrepreneurship.

📲 Share this with aspiring entrepreneurs or anyone looking to dive into the home service industry.

👟 Think of Nike's iconic swoosh. Ever wonder what catapulted it to fame? Hint: It's got everything to do with Michael Jordan! Dive into our latest episode to unravel the secrets of iconic branding and how you can apply these lessons to your business. 🏀

🎧 Episode Highlights:

1️⃣ Mission Definition: "Crafting Your Brand's Mission" - What's the core purpose of your brand? We start by defining the mission that drives your brand forward.

2️⃣ Audience Understanding: "Knowing Your Audience" - Who are you speaking to, and how? Discover the art of connecting with your audience authentically.

3️⃣ Visual Identity Creation: "Designing Brand Aesthetics" - Learn how to create a visual identity that resonates. Your brand's look matters as much as its message.

4️⃣ Messaging Consistency: "Unified Brand Communication" - Consistency is key. We'll discuss how to maintain a unified brand voice across all platforms.

5️⃣ Audience Engagement: "Connecting with Customers" - Engage your audience in meaningful ways. It's not just about selling; it's about building relationships.

🔑 Remember, branding is about creating positive associations in your customer's minds. It's your reputation on the line. Consistency is crucial – inconsistency can be seen as a facade.

📲 Share this with someone thinking about branding for their business.

🤔 Did you know Elon Musk's ventures are deeply rooted in his childhood passions? What if YOU could chart a similar course? Dive into our latest episode where we unpack the blueprint to aligning your business with your passions - a strategy not just for fulfillment but for impactful wealth creation! 🌌

🎧 Episode Highlights:

1️⃣ Skill Assessment: "Evaluating Personal Strengths" - Discover your unique skills, just like how Elon pinpointed his strengths to revolutionize industries!

2️⃣ Interest Exploration: "Passions as Business Ideas" - Uncover the potential of turning your interests into viable business ventures. If it excites you, it might just work!

3️⃣ Conducting Market Research: "Finding Your Niche" - Learn to blend your skills and interests with market needs. Where can you fill a gap or form strategic partnerships?

4️⃣ Demand Analysis: "Assessing Market Needs" - Understand the growing demands in your chosen field. Is the market craving what you have to offer?

5️⃣ Growth Planning: "Future-Proofing Your Business" - Think long-term. How can your business evolve and grow with you over time?

🌱 Remember, aligning your business with your expertise and interests isn't just fulfilling – it's strategic. This isn't just about dreaming big, it's about strategic steps to get there. 🌱

📲 Send this to someone ready to create wealth and a lasting impact!

📈 This week on our journey to the new 1%, we delve deep into strategic targeting, real estate expansion, and overcoming challenges. Join us as we share insights from our personal journey, aiming to inspire and guide fellow entrepreneurs. It's a raw, real, and revealing look into the world of business and personal growth. 🌟

🎧 Episode Highlights:

1️⃣ Narrowing the ICP (Ideal Client Profile): We've honed in on our target audience - young, Christian, business-minded, and impact-focused salespeople. Discover how this specificity is key to our strategy.

2️⃣ Direct Messaging (DM) Strategy: Learn about our DM outreach, how we're refining our approach based on our updated ICP, and the importance of targeted communication in digital marketing.

3️⃣ Advertising Budget Planning: Get insights into the power of ad dollars, particularly in boosting Reels and driving traffic to our Facebook group. We're gearing up for a significant advertising budget to create a stronger feedback loop.

4️⃣ Sober Living Venture: Exciting news! We've purchased a property in San Antonio for our sober living project. We dive into the challenges of finalizing the purchase, preparing for the closing, and the logistics involved.

5️⃣ Operational Challenges: From furnishing the new property to finding a sober living house manager, and managing leases in Austin, we discuss the nitty-gritty of real estate management and the hurdles we're facing.

🤔 Reflecting on Our Journey: We wrap up with a reflection on our week and invite you to share your journey. What does your week in the pursuit of the new 1% look like?

📲 Share this episode with fellow entrepreneurs, real estate enthusiasts, and anyone on a journey of personal and professional growth.

"Join us in tracking the progress of our community investment novices on their entrepreneurial adventure! 📈

🗓️ Timeline Check:

• Dec 2: Venture begins

• Dec 19: 'Outsourced Services LLC' is born

• Dec: $2,400 pooled in shared account

• LLC Setup Cost: $400

🤔 Challenges & Insights:

• The debate over which package to choose on IncFile

• Exploring business credit for early financing

• DIY approach: No paid help, all self-research

• First month: No significant progress

• Meeting schedule: Started weekly, then lapsed due to life commitments

📅 Current Status (Early January):

• Upcoming meeting set for this month

• $2,000 in capital, with $2,400 more expected

• Continued research on business credit

💡 Reflect: They're learning that consistency and commitment are key in entrepreneurship.

🗣️ Your Thoughts?

How do you think they're doing? Any advice or experiences to share? Join the conversation in the comments!

#CommunityInvesting #EntrepreneurshipJourney #BusinessStartup #PodcastUpdate

"Leadership can transform a pack of lions led by a dog into warriors, or reduce them to mere followers. Discover the essence of true leadership in our latest podcast episode, featuring the wisdom of John Maxwell. 

🔑 Key Takeaway: Leadership is about trust, not just authority. Maxwell's Law of Solid Ground teaches us that trust is the foundation of effective leadership. But how is this achieved?

1️⃣ Competency: Excel in your responsibilities. Aim to be world-class in what you do.

2️⃣ Character: Embrace integrity and ethics. Remember, you're either honest or you're not; patient or not; reliable or not.

John's insights remind us that ethics permeate every aspect of life, influencing our relationships and community dynamics. Building trust through competent and ethical interactions is key to growing influence and fostering strong communities, be it in friendships, businesses, or families.

🚀 Want to elevate your leadership and relationship skills? Listen in and share this with someone looking to enhance their impact!

#LeadershipPodcast #JohnMaxwell #TrustInLeadership #BuildInfluence #MaxwellLeadership"

📣 Perfect for posting on Twitter and LinkedIn to engage your audience! 🌟

👨‍💻 Dive into the extraordinary journey of Gordon Moore, the mastermind behind Intel, in our latest podcast episode! Discover how a small startup evolved into a global tech powerhouse through strategic growth and innovation. 🌟

🔍 Episode Highlights:

1️⃣ Early Decisions: The Microprocessor Revolution - Uncover how Moore's initial focus on microprocessors set Intel on a path to dominate the computing industry. A tale of vision and foresight! 🖥️

2️⃣ Strategic Pivots: Diversifying into New Horizons - Explore how Moore's shift towards diversification and R&D investment opened new markets for Intel, showcasing the power of adaptability in tech. 🔬

3️⃣ Moore's Law: Predicting the Future - Learn about the legendary Moore's Law and how this prediction of exponential growth in computing power became a guiding star for Intel's strategy. 💡

4️⃣ Beyond Business: A Legacy of Global Impact - Discover how the Gordon and Betty Moore Foundation, fueled by Moore's success, contributes millions to environmental conservation, patient care, and scientific research. 🌍

🎙️ Podcast Takeaways:

• Early Choices Matter: The importance of visionary decisions in shaping a company's future.

• R&D led the way into new markets: How research and development can be a game-changer for business expansion.

• High Growth Markets - Row in the Right Boat: Insights into identifying and capitalizing on high-growth opportunities.

🔗 Tune in to our podcast for an inspiring story that's not just about business success, but about leveraging that success for a greater cause. Perfect for entrepreneurs, tech enthusiasts, and anyone interested in the intersection of innovation and impact!

📣 Share this with your network on Twitter and LinkedIn! Join us in exploring the story of a tech visionary who changed the world. #GordonMooreLegacy #TechInnovation #BusinessStrategy #IntelStory #MooreFoundation

🎧 Listen, learn, and be inspired! 🌟

🚀 "People don't know what they want until you show it to them." - Steve Jobs. 

🌟 Dive into the world of effective sales strategies, where it's not just about selling but deeply understanding and fulfilling customer needs. Our latest podcast episode unpacks this concept, inspired by the legendary Steve Jobs. Perfect for sharing on LinkedIn and Twitter, here's a glimpse of what we cover:

1. **Customer Insight** 🤝: Explore the depths of what your customers truly need. Learn to anticipate and fulfill hidden desires, much like Jobs did. It's about understanding before offering.

2. **Value Creation** 💡: Discover how the product itself is just the beginning. We dissect examples like the iPhone, which didn't just sell a phone, but a whole new lifestyle.

3. **Authentic Connection** 💖: Uncover the power of genuine engagement. It's about nurturing a relationship, not just closing a sale. Authenticity is key.

4. **Consistent Innovation** 🚀: Stay ahead in the game with constant innovation. We discuss how to keep offering something new and exciting, mirroring Apple's evolution.

5. **Great Communication** 🗣️: Master the art of asking insightful questions and aligning your selling style with human psychology.

📣 Perfect for anyone starting in business or sales! Tune in to gain these valuable insights and elevate your sales strategy.

🎧 **Listen to our Podcast:** Customer Insight | Value Creation | Authentic Connection | Consistent Innovation | Great Communication

👥 Tag and share with a friend who's stepping into the business or sales world!

#SalesStrategy #Innovation #CustomerInsight #Podcast #BusinessGrowth #SteveJobsLegacy #MarketingInsights #LinkedInShare #TwitterTrends

📝 Here's how:

🧐 Self-Assessment: Identify your skills, passions, and personality. What industries align with your expertise and enthusiasm?

🌐 Market Research: Explore businesses in fields you know well and are passionate about. Familiarity is key.

📈 Growth Potential: Seek businesses with exciting growth opportunities. Can you see its potential?

🤝 Cultural Fit: Ensure the business's culture and values resonate with your own. Alignment is vital for long-term satisfaction.

Discover the perfect business opportunity by matching it with your unique skill set and passions! 🌟 #BusinessOpportunity #Entrepreneurship #PassionDriven"

Share this insight with someone ready to embark on their entrepreneurial journey! 🚀

📝 Here's the weekly update:

🎙️ Content Creation: Took a break this week – all content recorded in advance.

📨 DM Mastery: Ongoing outreach efforts with improvements in the pipeline.

📊 DM Analytics: Analyzing data for better targeting, offers, and conversions.

🏠 Sober Living Ventures: Stepping up property search and addressing seller issues.

Consistency is key on the path to the New 1%! What does your journey look like this week? 🌐 #Entrepreneurship #ConsistencyIsKey #RealEstateInvesting

First, meet Emma, the visionary always thinking several steps ahead. 

Liam, the analytical strategist, meticulously plans each investment. 

Ava, the social butterfly, forges connections with ease. 

Ethan, the financial whiz, manages their finances with precision.

Mia, the creative innovator, constantly brainstorming ideas. 

Oliver, the risk-taker, unafraid of the unknown. 

Sophia, the PR guru, ensures their message reaches a wider audience. 

And Noah, the meticulous organizer."

"Pooling $300 a month into an LLC, they purchased and sold 10 businesses, entered real estate, and now manage a diverse real estate portfolio over the past 12 years

Their journey doesn't end there. They're launching a foundation to tackle educational disparities, healthcare access, and small business development in their community.

Podcast:

1. "Turning Friendship into Financial Success: The Fantastic Eight's Community Investing Journey"

2. "Building a Diverse Investment Portfolio: Lessons from the Fantastic Eight"

3. "Creating Impact Through Philanthropy: The Fantastic Eight's Foundation"

Oprah Winfrey once said, 'Leadership is about empathy.' Discover the profound truth behind the Law of Addition:

🤝 Leadership Through Empathy: Explore how true leaders add value by fostering empathy within their teams and organizations. It's not about power, but empowerment—lifting others up to reach their potential.

👂 Active Listening: Dive into the importance of active listening in leadership. Learn how truly hearing your team's ideas and concerns creates an environment of trust and collaboration.

🧑‍🏫 Mentorship: Highlight the pivotal role of mentorship in adding value to team members. Sharing knowledge and experience guides others, fosters growth, and builds a stronger, more united team.

🏆 Recognition Matters: Understand why recognition is a vital component of leadership. Discover how acknowledging and appreciating team efforts significantly boost morale and productivity.

🌟 Positive Impact: Embrace the Law of Addition and see the transformation in your leadership approach. Create a ripple effect of positive impact that resonates not only within your teams but also beyond.

Join us in exploring how empathy and the Law of Addition can elevate your leadership and create a lasting, positive influence.

#Leadership #Empathy #LawOfAddition #ActiveListening #Mentorship #RecognitionMatters #PodcastEpisode

From a single-dime store to a global retail empire, the Walton family's journey is nothing short of extraordinary. But do you know how their success translates into philanthropy each year?

🛒 Sam Walton's Vision: Explore the entrepreneurial journey of Sam Walton, the man behind the dime store that started it all. Learn about his visionary approach to offering lower prices and better service, a philosophy that revolutionized retail.

💡 Innovation in Retail: Discover the innovative strategies employed by Walmart, from supply chain efficiency to technology utilization, contributing to the company's unparalleled success and global dominance.

🌟 The Walton Family Foundation: Delve into the establishment and mission of the Walton Family Foundation. Understand their deep commitment to philanthropy and how it has impacted lives and communities worldwide.

🌍 Impact Areas: Learn about the specific areas of impact supported by the Walton Family Foundation. Explore their contributions to education, environmental conservation, community development, and more.

💰 Annual Philanthropic Contributions: Get an inside look at the foundation's annual philanthropic contributions. Discover the dollar amounts and the remarkable causes they support, making a lasting difference.

Share this episode with a friend who may not know that Walmart's journey began in 1962 with a dime store. Explore the legacy of Sam Walton and the Walton family's remarkable commitment to giving back.

#WaltonFamily #Philanthropy #Entrepreneurship #Innovation #PodcastEpisode

Buy $60,000 in cash flow for $7,500! 💰 Secure an SBA loan with just 10% down and acquire your very own online jewelry store. Here's how:

💎 The Deal: The purchase price is $75,000. Your down payment? Approximately $7,500, leaving you with a debt of about $67,500. Monthly payments of $1,030, with $48,000 leftover. A golden opportunity, right?

🚩 Identify Red Flags: First, let's talk strategy. Pinpoint potential red flags. Are they selling you recent cash flow? Is there a track record worth considering?

🌟 Assess Strengths: Next, assess the strengths. This business may be low maintenance, offering opportunities for strategic partnerships to boost brand presence and profits.

🤝 Consult Your Team: Don't go it alone. Consult with your team—a trusted accountant, lawyer, equity partner, and perhaps a due diligence expert. Make an informed decision.

📈 Scale Your Business: Embrace this opportunity to own a website you can scale with digital marketing expertise.

This episode dives deep into the art of identifying opportunities, assessing risks, and making strategic business decisions. Join us to explore the world of online jewelry store acquisitions.

#BusinessOpportunities #OnlineBusiness #Entrepreneurship #DueDiligence #PodcastEpisode

Imagine if Apple never advertised the iPhone. 📱 Hard to picture, right? Advertising is about making your brand known, but it doesn't have to be a global blitz from day one.

🎯 Target Audience: Start with precision. Define and understand your target audience—their demographics, psychographics, and buyer personas. Tailor your advertising efforts to resonate with the right people.

💡 Message Clarity: Crafting your message is key. Make it clear, compelling, and convey your unique value proposition. Emotional appeal can make your message unforgettable.

📣 Channel Selection: Choose the right channels wisely. Explore the pros and cons of different platforms and focus on where your audience spends their time. Quality over quantity.

🎯 Goal Setting: Set your goals straight. What do you want to achieve with your advertising? Whether it's more sales, brand awareness, or something else, clear objectives lead to success.

📊 Measurement and Adaptation: Dive into data-driven decisions. Use analytics and KPIs to measure advertising performance. Be ready to adapt your strategy based on insights for better results.

With these steps, you're on the path to creating an advertising strategy that not only reaches your audience but also speaks directly to their needs.

#Advertising #MarketingStrategy #TargetAudience #MessageClarity #ChannelSelection #GoalSetting #Measurement #PodcastEpisode

📝 Here's the weekly recap:

🎙️ Content Creation: More valuable content in the works.

📨 DM Mastery: Continued outreach to build our community.

📚 Free Courses: Recording and sharing knowledge consistently.

📊 DM Analytics: Analyzing the data, with a .4% response rate.

🎯 Targeting Refinement: Tweaking the offer, targeting, and copy for better results.

🏠 Sober Living Ventures: Clearing up landlord communication and ramping up property search.

Every week is a step closer to the New 1%! What's your journey looking like? 🌐 #Entrepreneurship #GrowthJourney #CommunityBuilding #RealEstateInvesting

1️⃣ Traditional Bank Loans: Classic choice with structured repayment plans.

2️⃣ SBA Loans: Government-backed, great for small businesses with lower down payments.

3️⃣ Seller Financing: Sellers help fund your purchase with flexible terms.

4️⃣ Venture Capital: Ideal for high-growth businesses, offering investment for equity.

5️⃣ Private Equity: Perfect for established businesses.

6️⃣ Creative Options: Explore earnouts, crowdfunding, and more!

Each option unlocks unique possibilities for your dream business ownership. Share this with a friend exploring the business world! 🌟📈 #BusinessFinancing #Entrepreneurship #PodcastInsights 🎙️🏢

🤝 Meet the Dream Team:

👗 Emily: The Marketing Marvel

💰 Alex: The Financial Wizard

💻 Jordan: The Tech Genius

👥 Taylor: The HR Guru

📈 Casey: The Sales Pro

⚖️ Morgan: The Legal Protector

Together, they've acquired three diverse businesses, leveraging their unique skills and passions:

• Sustainable Fashion Brand ♻️

• Tech Solutions Firm 💡

• Gourmet Food Truck Chain 🍔

Their journey doesn't end here; they're gearing up for the next big move! Tune into our podcast to discover their inspiring story and the rules they follow for conflict resolution. Share with friends who need entrepreneurial inspiration! 🎙️💼 #Entrepreneurship #SuccessStory #DreamTeam #BusinessEmpire

🗺️ Here's a compass to navigate your leadership journey:

1. Clear Vision: Start with a crystal-clear vision. Know where you're going and how to get there. 🌠

2. Overcoming Obstacles: Anticipate challenges and prepare your team to navigate through them. Smooth seas never made skillful sailors! 🌊

3. Adaptability: Flexibility is key. Adapt your strategies in response to changing circumstances. 🔄

4. Collaboration: Don't sail alone! Involve your team in decision-making and foster a collaborative environment for better outcomes. 🤝

The Law of Navigation is your compass to leadership success. Share this with fellow leaders and dive into our podcast for more insights! 🎙️ #LeadershipSkills #NavigateToSuccess #Teamwork #VisionaryLeadership 💼🚢🌄

🌟 Hughes' innate curiosity and relentless drive led him to:

• Hollywood Innovation: He became a famed filmmaker, pushing industry limits and challenging censorship.

• Aviation Pioneer: Setting world records and revolutionizing aircraft design with the H-1 Racer.

• Military Contracts: Taking on ambitious projects during World War II, including the iconic 'Spruce Goose'.

• Reshaping Las Vegas: Making significant real estate investments, foreseeing its potential as a major city.

• Biomedical Legacy: The Howard Hughes Medical Institute contributes approximately $800 million annually to biomedical research.

Hughes' life is a testament to the power of curiosity and determination. Share his story with a friend who's curious about life's endless possibilities! 🚀🎥🔬 #Innovation #Aviation #Curiosity #EntrepreneurialSpirit 💡🌟

🏢 Purchase price: $750,000

💰 Down payment: $75,000

💼 Debt: $675,000

💵 Monthly debt payments: $10,300

With strategic planning, you'll have $90,000 leftover for the year. Set aside $30,000/year for equipment loans, leaving you with a cool $60,000 annually. 💡

🚩 Red Flags: Labor challenges in HVAC and strong competitors.

✅ Strengths: No advertising, yet remarkable growth, and two experienced technicians staying on board.

Consult your dream team - accountant, lawyer, equity partner, and a due diligence expert - for an informed decision. Don't miss this pandemic-proof opportunity! 🌟🔥 #BusinessAcquisition #HVACBusiness #EntrepreneurLife 💼📈

1️⃣ Hire Right: Mix skills and personalities for diversity that fuels creativity.

2️⃣ Invest in Training: Equip your team with knowledge and tools for success.

3️⃣ Foster Positive Culture: Create an environment that encourages collaboration and growth.

4️⃣ Set Clear Goals: Define expectations to supercharge efficiency.

5️⃣ Recognize Achievements: Appreciation boosts morale and motivation.

Nurturing talent is the key to a top-notch team. Share this with fellow dream team builders! 🌐📈 #DreamTeam #BusinessSuccess #PodcastDiscussion 🎙️💼

🎙️ Did you know that Warren Buffett spends 80% of his day reading and analyzing? 📚💼

In this episode, we dive into the art of due diligence during a business purchase. Discover how to cover your bases and make informed decisions.

🔍 Financial Health: Uncover the significance of scrutinizing financial statements, balance sheets, income statements, and cash flow. Learn to spot financial red flags early on.

⚖️ Legal Matters: Navigate the complexities of legal due diligence. Explore ongoing litigations, contractual obligations, and intellectual property rights. Avoid future legal surprises.

🏭 Operational Framework: Assess the operational backbone of a business. Explore core processes, supply chain efficiency, and scalability. A well-structured operation is the key to success.

🌐 Market Analysis: Gain insights into market analysis. Research the industry, dissect competitors, and stay ahead of market trends. Understand your business's position for strategic decision-making.

🤝 Human Resources: Learn why the team behind a business matters. Evaluate staff, management, and cultural fit. A strong team is essential for growth.

Remember, you don't have to go it alone! Share this episode with a friend who thrives on teamwork and is ready to explore the world of due diligence.

#DueDiligence #BusinessPurchase #FinancialHealth #LegalMatters #OperationalFramework #MarketAnalysis #HumanResources #PodcastEpisode

Welcome to Week 13 on the Journey to the New 1%. Let's dive into the highlights:

📝 Creating Content and Community Building: In this episode, we explore the power of content creation and the ongoing journey of building a thriving community through DMs.

🎥 Free Courses and Daily Reporting: Honest insights into the challenges of recording free courses and the importance of improving daily reporting in your entrepreneurial endeavors.

🏡 Sober Living Focus: Get an inside look at the focus on Sober Living, with a clear mission to secure more properties for lease and sublease and fill up existing houses with tenants.

🌟 Your Turn: Now that you've heard my week on the journey to the new 1%, we want to know what your week looks like? Share your experiences, challenges, and triumphs in your journey.

Join us in this episode as we discuss strategies for reaching the new 1% and making impactful changes in our businesses.

#Entrepreneurship #New1Percent #CommunityBuilding #SoberLiving #PodcastEpisode

Picture this: A struggling bookstore transformed into a thriving community hub - the story of 'The Chapter & Verse Bookstore' unfolds, fueled by a shared vision among four friends. 📖🌟

Ethan's discovery of this quaint store in the historic district ignited a spark within the group. Despite financial hurdles and renovation challenges, they blended their passions and expertise to revamp the space. 🏚️🛠️

Meet the Dream Team:

• Ava, the fashion flair ✨

• Liam, the tech wizard 📱

• Zoe, the wellness guru 🧘

• Ethan, the literary soul 📚

Each brought their unique strengths to the table, overcoming obstacles while balancing their careers with their dream project. 🙌

Today, 'The Chapter & Verse' isn't just a bookstore; it's a symbol of community. Stay tuned as we delve deeper into this inspiring journey towards the New 1%. 🌆✨

Excited to follow along? Share this remarkable story with a friend who dares to dream big! 🤝🌟 #CommunityTransformation #DreamBig #PodcastHighlights 🎙️📈

Great leaders are not born; they are developed daily through the Law of Process by John Maxwell. 📖🌱

Here's how you can harness this powerful law in your daily life:

• Commit to Continuous Learning: Embrace each day as an opportunity to grow and become a better leader. 📚🎧🧠

• Practice Self-Reflection: Dedicate time daily to reflect on your decisions and interactions. How can you improve for tomorrow? 🤔📝

• Seek Feedback and Act on It: Constructive criticism is your secret weapon for growth. Embrace it and refine your leadership skills. 📣🔄

• Set Small, Achievable Goals: Break down your big leadership aspirations into daily actions. Small daily wins lead to significant successes. 🏆📅

• Be Patient and Persistent: Understand that genuine growth takes time. Stay persistent and committed to your journey. 🕰️🌟

Leadership is an ongoing journey with countless steps. Share this wisdom with a friend on their leadership path, and grow together! 🤝🚀 #LeadershipDevelopment #PersonalGrowth #PodcastNotes 🎙️📈

Discover the incredible journey of J. Paul Getty, once the richest man in America, who inherited a modest business from his father and turned it into an empire through strategic acquisitions. 💼💰

Getty's story is a testament to the definition of luck: "Preparation meets opportunity." 🍀 He took daring risks, like his bet in Saudi Arabia, where oil wasn't yet flowing, but fortune favored the bold. 🛢️🇸🇦

He ventured into real estate with properties in England and the iconic Pierre Hotel in New York, creating the J. Paul Getty Trust with a $7 billion endowment. 🏨🏴󠁧󠁢󠁥󠁮󠁧󠁿🏙️

Getty's legacy reminds us that big bets and preparation are key to unlocking success. Share this with a friend who needs to bet on themselves and position for luck! 🚀💡 #SuccessStory #Luck #PodcastNotes 🎙️📈

In this podcast episode, we'll unravel the distinctions between customer success and customer service – think of it as the Oprah Winfrey vs. a skilled 911 operator of the business world! 🎙️💼

Customer Success: 🚀

✨ Proactive engagement

✨ Guiding customers to 'aha' moments

✨ Long-term strategy with specific goals

Customer Service: 🚨

🔥 Reactive nature

🔥 Problem-solving in crisis

🔥 Immediate support to extinguish the fire

But here's the secret sauce: synergizing both roles for enhanced customer experience and business growth! 🌐📈

Curious to learn more? Tune in and gain insights into how these roles can take your business to the next level! 🎧✨ #CustomerSuccess #CustomerService #PodcastNotes 🌐🤝

In today's episode, we're unveiling the top resources for finding your dream business to buy, and you won't believe how accessible it is! 🌐

🥇 First on the list is BizBuySell.com, the largest online marketplace for business listings. 🌟

💼 Don't forget to explore business brokers, the experts in selling businesses. They hold the keys to your next venture! 🗝️

💡 And if you're feeling adventurous, why not go directly to the seller? Build a list or visit local small businesses – your dream opportunity might be right around the corner!

But wait, there's more! 🌐 Check out other websites like BusinessBroker.net, flippa.com, Empire Flippers, and microacquire for extensive listings. Plus, leverage your network with LinkedIn, Zoominfo, or Hunter.io to connect directly with sellers.

Share this with a friend who's on the hunt for their next business venture! 🚀🤝 #BusinessForSale #Entrepreneurship #PodcastNotes 🏢🔍🌐

Here's the scoop on my journey:

📝 Content Creation: I've been hard at work breaking down the free courses into manageable steps.

👩‍💻 Virtual Assistant Mastery: My VA has been crushing it, especially on the cold DMs front. Daily reporting and affiliate traction are on the rise.

🏡 Sober Living Progress: Our property setup is nearly complete, and I've devised a solid tenant flow plan for scaling. It's time to put the plan into action!

💳 Capital Crunch: I hit a minor setback while liquidating business credit cards, so things are a bit tight on the capital front. But, I believe we'll push through.

What does your week on the journey to success look like? Share your updates! 🚀🌆 #New1Percent #EntrepreneurJourney #PodcastHighlights 🎙️💼

Join us on a journey with Michael, Sally, Carlos, Derrick, Candice, and Shaun as they embark on their community investing adventure. 🤝

👥 These friends are at the beginning of their journey:

• Michael, the tech enthusiast

• Sally, the nurturing teacher and gardener

• Carlos, the creative graphic designer and urban sketcher

• Derrick, the triathlon enthusiast and financial analyst

• Candice, the food blogger with savvy financial planning

• Shaun, the sustainability advocate and hiker

💰 Each contributes $400 monthly to a shared LLC, pooling their resources to purchase a Turnkey Service business with a current manager. Follow their path as they work towards becoming part of the New 1%!

🔍 Learn how they leverage their diverse skills, navigate their personalities, overcome obstacles, and the realistic timeline of entrepreneurship.

Stay tuned for their inspiring journey! 🚀🌟 #CommunityInvesting #New1Percent #Entrepreneurship #Teamwork #PodcastNotes 🌐👥💼

The law of influence states that your true leadership is measured by your ability to influence others.

Here are eight key aspects to understand about the law of influence:

1️⃣ Influence grows over time.

2️⃣ It expands beyond your immediate circle.

3️⃣ Relationships are at its core.

4️⃣ Character plays a vital role.

5️⃣ Effective communication is crucial.

6️⃣ Adaptability enhances influence.

7️⃣ Continuous learning is essential.

8️⃣ It's about empowering others.

Positional authority may have limits, but true influence can rally hundreds to support you in tough times. Master these 8 elements to wield the power of influence effectively!

#Influence #Leadership #Empowerment #SuccessTips #PodcastNotes 🌐👥🗝️

Henry Ford, the automotive pioneer, didn't ask people for what they wanted; he gave them something they couldn't even imagine—the Model T. Here's how he revolutionized transportation:

🔧 Started as a machinist apprentice.

🚘 Built the Ford Quadricycle in 1896.

🚗 Launched the Model T in 1908 for affordable, reliable vehicles.

🏭 Introduced the assembly line, cutting production time from 12 to 2.5 hours.

Ford's success secrets:

🌐 Vertical integration

🤝 Building a dealer network

🔄 Diversifying product line

💼 $5 workday for employees

Today, the Ford Foundation manages over $13 billion, advancing human welfare with $600 million annually.

Learn from Ford: Develop expertise, build visionary partnerships, and support others to make a global impact!

#HenryFord #Innovation #Impact #Visionary #SuccessStory #PodcastNotes 🛣️🌟

Imagine buying a business with $166k in cash flow and no upfront cost! Here's how:

1️⃣ Get an SBA loan with just 10% down.

2️⃣ Purchase a turnkey precision machining shop in Arizona for $990k.

3️⃣ Take on $891k in debt, with monthly payments of $12.4k.

4️⃣ Enjoy $17k in leftover income after debt payments for the year.

Consider potential red flags, like dependency on one major client, but leverage strengths like having ample inventory for zero out-of-pocket transactions. Seek expert advice, assemble a team, and make smart decisions to secure partnerships for cash flow expansion.

Unlock financial opportunities with strategic investments! 💼💰📈

#InvestmentStrategy #CashFlow #BusinessAcquisition #SBAloan #FinancialFreedom #PodcastNotes

Warren Buffett once wisely said, "It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently." Your reputation is your personal and business brand.

To build a strong reputation:

1️⃣ Create positive associations with your target audience over time.

2️⃣ Foster positive interactions, content, partnerships, and reviews.

3️⃣ Be selective in associations to maintain a positive reputation.

Guard your reputation with care—it's the key to impacting more people. 🌟🔒

#ReputationManagement #PersonalBrand #BusinessBrand #PodcastNotes #ImpactfulBusiness

Ever heard "It takes a village"? Well, in the world of buying businesses, it surely does! Here are your key allies:

1️⃣ Accountants: Masters of financial health evaluation.

2️⃣ Lawyers: Guardians of legal documents and compliance.

3️⃣ Lenders: Your partners in securing financing.

4️⃣ Due Diligence Pros: The all-in-one package for comprehensive insights.

Incentivize them with equity, cast your vision, and build trust. Together, they form the village that'll lead you to financial freedom. 🌆🚀

#BusinessBuying #DreamTeam #Entrepreneurship #PodcastNotes #FinancialFreedom

Let's dive into the latest developments on this exciting journey:

**Community Building:**

- Continued content creation.

- Ongoing refinement of our free courses.

**Virtual Assistant Updates:**

- Stepping into the world of Cold DMs.

- Additional training on scraping IG accounts for outreach purposes.

**Sober Living Ventures:**

- Focused efforts on setting up our sober living property.

- Temporarily paused outreach for leases and private money as we establish stability.

- Preparing for tenant marketing and streamlining financial processes.

Keep the momentum rolling on your own journey to the New 1%! Share your experiences and let's inspire one another. 🚀

#New1Percent #Entrepreneurship #RealEstate #PodcastNotes #FinancialJourney

Join us as we follow the inspiring stories of 4 individuals at different stages of the community investing journey:

1️⃣ Beginner Phase

• No assets

• $500/month

• Discover how they leverage their resources and newfound knowledge to kickstart their journey.

2️⃣ Intermediate Phase

• Purchased their first business

3️⃣ Advanced Phase

• Purchased multiple businesses

• Preparing for their first exit

• Venturing into real estate investments together

• Explore how they maximize their portfolio's potential, strategize for exits, and explore the world of real estate.

4️⃣ Expert Phase

• Bought and sold multiple businesses

• Established a substantial real estate portfolio

• Launching their own foundation

Every month, we'll delve into cash flow, expenses, key performance indicators, and problem-solving to help you understand the remarkable potential of community investing. Stay tuned for their captivating stories and valuable insights!

These will be fictional characters based on real entrepreneurs that are in our community or have public stories. Context will be provided over the next month!

#CommunityInvesting #InvestmentJourney #FinancialSuccess #PodcastNotes

🤝 Leadership Multiplies Efforts

A single individual can only achieve so much. To break free from income limitations, you must learn how to lead and multiply your efforts through others.

🧭 The Law of the Lid

John Maxwell's concept of the "Law of the Lid" highlights that the most successful individuals can exponentially increase their output by leading others effectively.

📈 Exponential Growth with a Solid Team

Without the ability to lead, you won't capture the exponential returns that come with having a strong team.

🤝 Collaboration is Key

Success hinges on involving others. The extent to which you can inspire and motivate people to align with your goals determines your potential for growth.

🎯 Choose a Worthy Cause

Your journey begins with selecting a cause worth pursuing—one that goes beyond personal gain.

📚 Learn, Understand, Multiply

To transcend your current level of impact, invest in improving yourself, understanding people, and multiplying your effectiveness through a cohesive team.

🚀 Unlock Your Full Potential

Leadership is the key to unlocking your full potential. Embrace it, lead with purpose, and watch your income and impact soar!

#Leadership #PersonalGrowth #Teamwork #SuccessTips #PodcastNotes

Imagine having the resources to consistently invest in people and projects that transform lives. The Rockefeller Foundation does just that, giving away hundreds of millions annually to make a meaningful difference.

🏭 Foundation of Wealth

The story begins in 1863 when John D. Rockefeller, initially a bookkeeper, partnered with others to invest in an oil refinery. Technical expertise was key to their success.

⛽ Standard Oil's Triumph

Building on that success, he established Standard Oil, aiming to consolidate the oil industry. Through operational efficiencies and, admittedly, some controversial practices to cut competition, Standard Oil became an enormous success.

💡 The Power of Partnerships

Key partnerships included Maurice B. Clark and Samuel Andrews, and operational efficiencies were achieved by optimizing supplier rates, leveraging technology, and expanding strategically.

🪙 Cutting Competition to Fuel Growth

Standard Oil's success was also attributed to its merger strategy, competitive pricing, and the continuous addition of value.

🤝 The Ripple Effect of Giving

Ultimately, Rockefeller gave away his fortune with the goal of creating lasting impacts on humanity.

💪 Empowering You to Take Big Bets

By building solid partnerships, focusing on operational efficiencies, and adhering to ethical business practices, you too can take significant bets on people and projects. It all starts with a big bet on yourself!

#Philanthropy #RockefellerFoundation #BusinessSuccess #Partnerships #OperationalEfficiency #PodcastNotes

Imagine living the dream life - running a Golf Cart Rental Store in sunny Galveston, TX. With an SBA loan of just 10% down, you could make it happen!

💰 Financial Freedom Awaits

• Purchase Price: $2,200,000

• Down Payment: $220,000

• Debt: $1,980,000

• Debt Payments: $30,000/mo

• Leftover Cash: $190,000/year

⛳ Red Flags & Strengths

Before taking the swing, watch out for potential red flags: seasonal demand, hurricane risks, real estate leases, and the absence of recurring revenue. On the bright side, the business boasts a straightforward, enjoyable operation, well-maintained inventory, and excellent bookkeeping.

🏆 Building the Dream Team

Ensure success by assembling your dream team - including an accountant, lawyer, equity partner, and possibly a due diligence company - to underwrite the deal and navigate the details.

🚀 Expanding Your Empire

With a solid foundation and additional golf carts, your business can thrive and expand, ultimately elevating your bottom line.

🗣️ Join the Conversation

Share your thoughts on this exciting opportunity to work smart, not hard, while living the ultimate vacation lifestyle.

#Entrepreneurship #InvestmentOpportunity #BusinessAcquisition #PodcastNotes

Sales is more than just a transaction; it's the transfer of belief over the bridge of trust. 💡

🧐 Understanding Sales

Sales expert Alex Hormozi has defined sales in a way that simplifies its essence. It's crucial to realize that we're all engaged in sales in various aspects of our lives, whether it's convincing someone where to eat, how to spend time, or what to believe.

🌐 Building Trust and Conviction

In sales, your goal isn't just to make a sale but to help the other person believe in the value of your product or service. The outcome of an interaction can be summed up in two possibilities: either they believe they don't need it, or you help them believe that they do.

🤝 The Power of Trust

Sales is fundamentally about building trust with others. To achieve this, ask insightful questions to understand their needs, establish common ground to build rapport, and genuinely support their interests.

🛍️ Inspire Change

Ultimately, sales is about inspiring others to make a decision that will improve their lives. Believe strongly in your product or service, and let that belief shine through in your interactions.

💬 Join the Conversation

Share your thoughts on this transformative definition of sales and how it can reshape your approach to building trust and belief with potential customers.

#Sales #TrustBuilding #Belief #SalesApproach #PodcastNotes

Many believe that financing a business transaction requires personal capital or traditional bank loans, but that's far from the truth. Most successful entrepreneurs leverage various sources of capital, and it doesn't always involve raising money from investors.

📊 5 Sources of Capital

Here are five sources of capital that don't require you to raise funds from external investors:

1️⃣ Seller Financing: Often overlooked, this option involves the seller providing financing for the transaction over time.

2️⃣ Earn-Outs: Sellers earn the remaining capital as the business continues to perform well, aligning their interests with yours.

3️⃣ Leveraged Buy-Outs: You secure debt using the assets of the business, allowing you to acquire it without using your own capital.

4️⃣ Barter for Equity: Exchange your services or expertise to obtain equity in a business, a creative way to enter ownership.

5️⃣ Vendor Financing: Sell goods now and pay your vendors later, providing a cash flow advantage for business acquisition.

💡 Unlock the Potential

These strategies show that you can buy a business without having to invest your own money upfront. By exploring these options and understanding their mechanics, you can unlock new opportunities in the world of business acquisition.

Join the discussion and share your thoughts on creative financing strategies for acquiring businesses.

#BusinessAcquisition #Entrepreneurship #CreativeFinancing #PodcastNotes

Join us as we dive into the latest chapter of my journey to the New 1%:

Community Building:

• Crafting captivating content for the community.

• Enhancing our content system to boost storytelling.

• Dedicated time and effort into refining our free courses.

Virtual Assistant Updates:

• Prepared for Cold DM outreach.

• Discovered cost-effective tools to streamline the process.

• Initiating Cold DMs this week to expand our reach.

Sober Living Ventures:

• Leveraging Business Credit for our Joint Venture.

• Our first sober living property, operating under a sublet lease.

• Compiled a list of realtors to uncover more subletting opportunities.

• Opting for lower risk without equity but substantial cash flow for future equity acquisition.

That's a wrap for this week on the journey to the New 1%! Share your journey and let's keep the momentum going. 🚀

#New1Percent #CommunityInvesting #RealEstateInvesting #PodcastNotes #FinancialJourney

Have you ever heard this myth? It claims that wealthy individuals have unhappy relationships and attributes their financial success as the cause. But let's dig deeper and challenge this notion.

🚫 Myth Debunked

First, let's debunk this myth. Poor relationships aren't exclusive to the wealthy; people from all walks of life can experience difficulties in their relationships.

💡 Relationships and Wealth

But here's the twist – many wealthy individuals rely on strong relationships to maintain their wealth. They understand the value of collaboration and partnerships in their journey to success.

🤝 The Power of Community Investing

That's why community investing is gaining traction. It allows you to build both relationships and wealth simultaneously. By joining forces with a group of like-minded friends, you can invest in assets, skills, and each other.

🌟 The Benefits

Community investing not only helps you accumulate wealth but also enhances your conflict resolution skills and fosters a mindset of empathy and generosity.

📈 Case Study: Ryan Pineda

Explore the success story of Ryan Pineda, who built uber-profitable businesses and prioritized hiring the right team members.

🏗️ Building Solid Foundations

Discover the importance of setting boundaries and priorities to maintain a healthy work-life balance.

Join the conversation and share your thoughts on how community investing and strong relationships can be keys to both wealth and happiness.

#WealthMyths #Relationships #CommunityInvesting #SuccessStories #PodcastNotes

Ever heard of Big Mo? Well, it might take some time to encounter, but trust me, it's worth the wait. John Maxwell famously refers to momentum as "Big Mo," and it can be a game-changer in various aspects of our lives.

🔑 The Power of Momentum

Momentum, or Big Mo, has incredible benefits:

1️⃣ Solving Problems with Ease: Momentum can make even the most daunting problems seem manageable.

2️⃣ Creating a Culture of Success: It has the remarkable ability to foster an environment where success becomes the norm.

3️⃣ Simplifying Change: When you have momentum on your side, navigating through change becomes smoother and more effective.

🏃 How to Catch Big Mo

So, how do you get this coveted momentum? It requires dedication and effort, but the rewards are priceless.

🎯 Persistent Action: Consistent, focused action in the right direction is the key that triggers momentum.

🛤️ Staying the Course: One of the biggest tests is sticking to your path even when faced with discouragement.

🚀 Start Early: The sooner you begin, the sooner you'll experience the growth that allows you to work with ease.

Join the discussion and share your strategies for cultivating and maintaining momentum in your journey to success.

#BigMo #Momentum #JohnMaxwell #Success #Leadership #BusinessGrowth #PodcastNotes

Bill Gates, the man behind Microsoft and a philanthropic powerhouse, has made an incredible impact on the world. Let's dive into his journey and see how we can learn from his remarkable life.

👶 The Early Days

It all began when Bill Gates developed an interest in programming at just 13 years old. His passion for technology laid the foundation for an extraordinary future.

🎓 Dropping Out to Soar

Bill Gates didn't follow the conventional path. In 1975, he made the bold decision to drop out of college, driven by the release of the Altair microcomputer—a pivotal moment in tech history.

🏢 The Birth of Microsoft

That very year, Bill and his team founded Microsoft. Their big break came in 1980 when they landed a game-changing contract with IBM.

🖥️ Innovation and Expansion

To fulfill the IBM contract, they acquired an operating system, tweaked it to perfection, and struck a deal that allowed them to retain rights and license it to others. This approach led to the creation of numerous groundbreaking products.

👔 Transition to Philanthropy

In 2000, Bill Gates stepped down as CEO of Microsoft to focus on philanthropy. Alongside his then-wife Melinda, they established the Gates Foundation, which has since donated a staggering $45.5 billion to various causes.

🔑 The Keys to Success

Bill Gates' journey teaches us to lock onto our passions, identify opportunities, fulfill promises with excellence, continually innovate, and protect the right to redistribute wealth to make a lasting impact on the world.

Join the conversation and share your thoughts on how we can all learn from Bill Gates' inspiring journey.

#BillGates #Microsoft #Philanthropy #Innovation #TechIcon #Entrepreneurship #PodcastNotes

Ever dreamed of owning a music store? Now, it's not just a dream—it can be your reality! Let's explore how you can buy a thriving music store in Arizona and make sweet music with your investment.

🎵 The Opportunity Awaits

Imagine acquiring one of Arizona's top 10 music stores—a fantastic business opportunity with a purchase price of $450,000. With an SBA loan, you can secure the deal with just a 10% down payment, which amounts to $45,000. The remaining $405,000 can be financed.

🎶 Cash Flow is Your Key

Your next move is to ensure that your cash flow covers your debt payments, which will be approximately $6,100 per month. This leaves you with a substantial $63,000 in leftover funds for the year. Now, let's dive deeper.

❌ Identifying Red Flags

It's essential to scrutinize the potential red flags. In this case, the current model may not be highly scalable. This is something to consider and address.

✅ Recognizing Strengths

On the bright side, the music store boasts $200,000 in inventory and could be a true passion business. Your love for music could translate into profits.

🔍 Seeking Expert Guidance

Engage your team of experts for thorough underwriting. Consult your accountant, lawyer, equity partner, and potentially a due diligence company to navigate this exciting venture.

📈 Expand and Flourish

As you seal the deal, think about strategies to expand cash flow with ancillary services. Can you introduce an education component? What determines your inventory turnover rate? What are competing music shops doing in terms of cash flow?

🤔 Join the Conversation

Your musical journey awaits. Engage with us and share your thoughts on this incredible opportunity.

#MusicStore #InvestmentOpportunity #CashFlow #Entrepreneurship #SBA #BusinessAcquisition #PodcastNotes

Are you ready to supercharge your business success? Look no further than advertising—an invaluable skill that can transform your journey to success.

🔍 What Is Advertising?

In his book "100M Dollar Leads," Alex Hormozi offers a crystal-clear definition: Advertising is simply the process of making your offerings known to the world. No more relying on the "Build it and they will come" mentality.

🎙️ Podcast Insights

Reflecting on my own podcast journey with over 700 episodes, it's evident that waiting for an audience to magically appear doesn't cut it. To reach your desired audience and gather valuable feedback, you need an advertising plan.

🌟 The Core Four Strategies

Discover the power of the Core Four advertising strategies outlined in the book:

1️⃣ 1-to-1 Cold Outreach

2️⃣ 1-to-1 Warm Outreach

3️⃣ 1-to-Many Cold Outreach

4️⃣ 1-to-Many Warm Outreach

🛑 Don't let your incredible offerings remain hidden. Embrace advertising to serve and connect with the people who need what you have to offer.

Ready to dive into the world of advertising and elevate your business game? 📈💪

#AdvertisingStrategies #BusinessSuccess #CoreFour #Podcast #Entrepreneurship #MarketingSkills #Advertising #PodcastNotes