Looks can be deceiving. From the outside, this property looks modest, but thanks to a vision and an investment by my JV Partners, the execution of top-notch renovations created a solid income property. And that’s the real beauty of real estate as an asset. Your partners win because they get a return on their investments. […]
When you know what you’re looking for in an investment property, finding one with tons of potential to turn a profit isn’t that difficult. When I first looked at the property in the video, I could see the goldmine buried underneath the ugly kitchen, the fireplace that had no fireplace, and the horrific bathroom. This […]
When I realized that most of the entrepreneurs and business owners I work I’m in relationship with have difficulties embracing their ability to receive, I was shocked. The insight emerged from a series of coaching calls during which I realized that it wasn’t their willingness to serve or an incapability to create value that was […]
What do you have that the market wants? Any entrepreneur (or prospective entrepreneur) needs to know the answer to that question. After all, the core of your business is selling your offer – if people don’t want what you’ve got, you don’t have much of a chance of making yourself sustainable. Which is easy to […]
One of the themes that emerged at one of our recent Command & Conquer workshops was the question, “what exactly do I want in my life?” It’s easy to get carried away. Most of us tell ourselves and others that we know EXACTLY why we do what we do. But that couldn’t be further from […]
You can’t hide from your money. I have nothing against book keepers or accountants, but I think a lot of business owners abdicate to them much too early. Your cash flow is the life-blood of your business. Your financial data is the foundation of your strategic planning. Knowing your numbers is mandatory to effectively run […]
Keep your hands off that marshmallow. Here’s a quick explanation if you don’t know what I’m talking about: in the 60s there was an experiment done at Stanford involving delayed gratification. A group of children were each given marshmallows and told that, if they resisted the temptation to eat them immediately, they’d get another. Later […]
What’s the difference between someone who says they want to make money and makes it, versus someone who says they want to make money but doesn’t make it? You may remember I posed this question to a group of high school students in an episode of Daily Genius. I’m repeating it here because it illustrates […]
Don’t be a business owner trying to take accountability and ownership of other people’s stuff … their problems; causes; tirades. Put your own room in order first. Don’t go out into the world and assume ownership of other people’s stuff. When you martyr yourself on these causes you clearly can’t make a difference on, you […]