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Ep 54 - Real Estate Revelations: Navigating Challenges and Opportunities in Business Growth
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In this episode, Marty and Jeremiah delve into the challenges and opportunities of real estate and business growth. They discuss the potential shift towards commercial construction and the need for scalability and predictability. Marty's focus on creating a legacy for the next generation resonates with the ever-changing market conditions.
Key takeaways from the episode:
- The importance of leveraging existing resources and teams to venture into new business endeavors, like transitioning from residential flipping to commercial and industrial real estate.
- The potential in service-based businesses and construction to generate capital for further investments in real estate, highlighting the example of a successful roofing contractor as a model for growth.
- Recognizing market demands and trends, such as the growing need for home remodeling services among millennials, and considering how to align business offerings with these opportunities.
Join us as we explore the strategies, insights, and vision for a thriving business in these dynamic times. Stay tuned for valuable takeaways on real estate, construction, and building a sustainable, profitable business for the future.
Episode Highlights:
00:00 Exploring transition to commercial management and construction.
06:00 Consider service-based business to achieve goals.
09:07 Skilled at finding talent but incompetent personally.
11:21 Consider commercial construction or work with public.
14:07 Sales opportunity in different sectors, generational shift.
19:57 Company making cuts to sustain staff amid challenges.
21:30 Not everyone can be a massive influencer.
25:37 Solving problems at scale determines success.
28:07 Plan to host health conferences for entrepreneurs.
33:43 Identify your business edge through effective communication.
35:56 Problem of easy money leads to zombie companies.
38:16 Real estate money flows easily, business requires excellence.
42:02 Listen, reframe, solve, prioritize, and execute.
Connect with Marty!
Website
https://www.webuyhomesroc.com/
https://www.facebook.com/mjgrizzanti
YouTube
Connect with Jeremiah Boucher
https://www.linkedin.com/in/jeremiah-boucher/?trk=public_profile_browsemap
Website:
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