How to Thrive with High Interest Rates featuring Jimmy Vreeland
Jimmy Vreeland joins Marck to discuss how to thrive in the current high interest rate environment.
Stepping Out of your Business with Brett Snodgrass
enAugust 04, 2021
What was the main topic of the podcast episode?
Summarise the key points discussed in the episode?
Were there any notable quotes or insights from the speakers?
Which popular books were mentioned in this episode?
Were there any points particularly controversial or thought-provoking discussed in the episode?
Were any current events or trending topics addressed in the episode?
About this Episode
How comfortable would you be stepping out of your business to sit in the owner’s box? In June 2020, Brett Snodgrass made the bold decision of stepping out of his company to let it work without him. It wasn’t an easy decision for him, but it was necessary. A year down the line, Brett can comfortably say he made a wise decision. His business is doing exceptionally well, and he has room to work on what he loves to call his purpose.
In this episode, Brett will share a couple of things to look out for before stepping out of your business, the step that he took to get out of his business and the four pillars of freedom, among other things.
Are you ready to learn? Listen in to this episode.
Key Talking Points of the Episode:
[02:41] How a typical week looks for Brett
[05:13] Steps that Brett took to get out of his business to let it run without him
[08:53] How Brett’s family and friends took his decision to step down from his business
[14:34] How Brett is embracing social media for his business and purpose
[18:05] “No secrets, execution only.” Brett’s thoughts on this statement
[20:07] Brett’s experience of having his father as a basketball coach in high school and how it has impacted his life
[21:13] How Brett’s business is performing in his absence
[23:38] Things to watch out for when exiting your business to sit in the owner’s seat
[28:55] Lessons we can learn from Brett’s mistakes
Quotables:
“If your ego is way up here; it doesn’t allow the team to have any confidence. When you lower your ego, it naturally raises the team's confidence.”
“A visionary is supposed to want to grow. They’re supposed to want to come up with these ideas, grow the business and go to different markets.”
“Every single day, you’re either going to be better at the game of basketball, are you going to be worse.”
“A lot of entrepreneurs do social media, but they don’t consume it.”
Resources Mentioned:
The Collective Genius Mastermind: https://thecollectiveadvisors.com/
Simple Wholesaling: https://simplewholesaling.com/
Brett Snodgrass Podcast: https://podcasts.apple.com/us/podcast/the-brett-snodgrass-podcast/id1097158298
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Jimmy Vreeland joins Marck de Lautour on the Mistake Free Real Estate podcast to discuss their takeaways from the Collective Genius Mastermind which features the nation's top real estate investors and what top real estate investors in the country are doing to grow their business.
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Mistake FREE Real Estate With Marck de Lautour
enJune 01, 2023
How Agents Can Take Advantage of the Real Estate Market with Tom Cafarella
How agents can take advantage of the real estate market.
What Makes the Current Real Estate Market Different from the 2008 Recession with Jimmy Vreeland
Every quarter, my good friend Jimmy Vreeland and I sit down and talk about our experience in Collective Genius, a mastermind we are both a part of. In this episode, Jimmy and I are going to discuss what we learned from the presentations in the event, our biggest takeaways, and how we’re preparing our businesses for what’s coming.
Listen now to learn what happened during the last Collective Genius event and the golden nuggets we’ve picked up while we were there!
Key Talking Points of the Episode
00:00 Introduction
01:43 How does Collective Genius help us give back?
03:26 What are our biggest takeaways from the event?
06:53 What makes this recession different from 2008?
08:46 Where do we stand on inflation rates today?
12:44 How is inflation crushing the middle class?
14:38 How can real estate investing set you up for the future?
17:34 What is the greatest threat to every investor’s portfolio?
21:31 What does real estate value appreciation look like today?
23:32 Why should people take advantage of Fannie Mae loans?
26:42 What is happening in the new construction market today?
31:16 What are we experiencing in the turnkey market today?
Quotables
“The government hasn’t curbed their spending, they’re not doing to make energy more accessible, so that’s gonna stay expensive.”
“Kiyosaki went on Oprah in 1990, everybody knows about this! They just don’t get involved, they don’t get started.”
“Strategic and systematically buy assets so that when there is the next disaster and the fed does blast lower rates, then you refi everything out.”
“Like I’d always say, real estate doubles in value every 20-30 years, I think I’m gonna stop saying 30 because consistently, we are seeing real estate double in value every 20 years.”
“If you’re gonna buy and hold these assets forever, for long-term, then the smartest thing you can do is lock in a 30-year fixed to get these things paid off.”
“Most home builders have not been aggressively scaling and growing based on what they fear could be a downturn.”
“Quite frankly, I think that inventory is still so shallow, especially in the big cities that are experiencing massive population growth.”
Links
Book: Principles for Dealing with the Changing World Order
https://www.amazon.com/changing-world-order-nations-succeed-ebook/dp/b0881y73yg
Mistake FREE Real Estate With Marck de Lautour
enApril 06, 2023