I started my journey as an entrepreneur at age 17 and have had many successes and failures since then, building a portfolio of businesses of $30M+ before the age of 30. Now, with multiple companies producing close to $40M a year and a real estate portfolio over $10,000,000, I want to help show other people the way and share proven strategies so that you can do it as well!
If you find the content on my channel useful, you can get in-depth education, 1:1 time with my own team, and access to a hub of entrepreneurs through Scale With Pros: scalewithpros.com
I also love cars so expect to see those on my channel.
What the heck is extremely accountability. You are either accountable and own up to things or not. There is. I grey area so you can't be extremw at it. What a terri le click bait headline
Appreciate the input. To me, you can half-ass anything, even accountability. What Scott and I talk about in this episode requires you to take accountability to every tiny little thing in your business and your life. That's what I mean by extreme accountability. Just my take! I admire your perspective too--you're either accountable or not.
Late reply, but I don’t think there is any way the $ info is correct. Never mentioned how much the monthly payment was, nor the title and registration fees. If he puts no money down on a 157k balance then his payments over 60 months are 3k/month. Now let’s add in the minimum $1500 for title and registration and then the $3600 in insurance for the year. Even if he did a HELOC to fund this he was paying at least $1000/month on payments. Here is what I suspect is the real breakdown. $157000 purchase price - $150000 sale price is a $7000 cost $36000 in monthly payments $3600 insurance $1500 title $1000 Gas and maintenance based on 4000 miles and $3.75/gal and an oil change @ $200 The cars actual cost over that span would be $49100. Best case scenario with a HeELOC funding would be $25100.
Apologies for the delayed response. we are up and running! If you haven't gotten in yet, here's the link to Scale With Pros: scalewithprosmasteryprogram.com/
Or it could just be BoB pulling in 750k revenue & your other 3 employees lazing around 250k. In this case is it efficent? In that case just pay Bob better. 😅
Can’t wait for you to release the Integrator Academy. I’m the exact person you’re catering to. I got started in SubTo, I have a couple PML deals and one property and just feel lost trying to scale. I know I want to be an integrator but don’t know how to start in reality. I just want to work for someone for free to learn and I think that group would be so valuable.
gonna have to give a hard disagree. Being a good interviewee is just being a good talker, doesn't mean you'll be good at your job. Just like some people are not fantastic talkers, doesn't mean they wouldn't be good at the job. The interview process is a flawed one at best. Has 0 Bearing on how good someone will be, good or bad.
"Design the life you want and then have a business support the life you want to build." Words of wisdom right there. Excellent conversation with Michael!
So you have the limited power of attorney do you have your subto docs recorded or do you have the loan remain and do you have it deeded to you and/or your LLC?
Love this video. I'll be on the waitlist for integrator academy for sure. Looks like the sites are up but they are stick you on a waitlist and it doesn't send you an email notification.
The people smart enough to hear this message will be the people clued in enough to know how profit works. It’s to market to financially illiterate individuals 🫡
The brown epoxy: Son, we live in a world with floors and those floors have to be coated with epoxy with colors. Who's gonna do it? You? YOU, Cody Barton? I have more responsibility than you can possible fathom. I have neither the time nor ths inclination tonexplain myself to man who rises and sleeps over the blanket of floor protection that I provide, and then questions the manner in which I provide it.
Cody does a great job of keeping it math /data based and balancing the reality of human capacity. Understanding the balance between what we could do on paper and what the reality of a human will do is a CEO’s main job.
