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02/21/2017Our guest for this week’s show is Mulit-family Investment Experts and fellow real estate podcasters, Jack Stenziano and Gino Barbaro. In today’s show we’re going to be speaking with Jake and Gino about how they got their start as Multifamily investors and how they have been able to amass a portfolio worth in excess of $32 million in just a few short years. In our candid conversation we’ll also discuss the various challenges they faced when getting started and how they were able to push through them even in the most difficult of times. Here’s What You’ll Learn: What attracted Jake and Gino to the Knoxville, TN market and why they decided to turn their focus away from New York. The power behind finding a coach and mentor and how this catapulted them forward into the multifamily space. Why they love mom and pop owned apartment properties and what unique opportunities these types of properties offer them as investors How they negotiated very attractive owner financing on their first 25-unit deal. What value-add components they look for when seeking out multifamily properties The power of a credibility book and how to create one for your own business The importance of the market itself and why becoming a market expert needs to be your #1 priority and finding deals your #2 priority. Gino’s technique on how to read 1 book per week. And much more Jake and Gino - Website Recommended Resources Download my free success guide, “7 habits of highly successful multi-family investors” by going to Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them Review and Subscribe
02/21/2017Enjoy listening to insights from The Wall Street Journal on global market news, the economy and personal finance. Your Money Matters podcast takes you from Wall Street to Main Street to your street.
02/21/2017 In this episode Rob Moore looks back over 10 pivital moments in Progressive Property's 10 year history.  Highlights include his first encounter with co-founder Mark Homer, the financial crash of 2008, maintaining a work/life balance and much much more.
02/21/2017 4 minutes of straight fire. In a recent DailyVee I decided to go live as filming on the weekends can be a little tough. I think I'm onto something here because this was GOLD. In this one we talk weaknesses, technology, content marketing, gaining exposure by doing spec work, and more. 
02/21/2017 In this episode, Steli and Hiten teach you what to do when your financing falls through in the last minute. Every business plan includes a heavily researched and projected financial plan. However, there are a lot of internal and external factors that can directly affect whether or not you’ll be able to reach your goals. Worst case scenario, your projections may even fail at some point. Tune in to know what to do when the unexpected happens. Time Stamped Show Notes: 00:04 – Today’s episode teaches you what to do when your financing falls through 00:35 – In the past 2 weeks, Steli had conversations with founders regarding this financial matter 00:59 – Different reasons for investments falling through will vary, it could be cash flow problems 02:25 – These problems have been more common now 03:15 – “Don’t count on it”—in regards to the investment 03:34 – “You have raised shit, if the money is not in the bank yet” 03:53 – Have options for your finances 04:31 – You’re never fully in control of the outcomes 04:59 – The real issue in financing problems happens way before the worst moment you’re in 06:02 – Be preemptive and do NOT put all your eggs in one basket 06:48 – Most scenarios Hiten have seen have all been very specific 07:30 – “Figure out what you did wrong” 07:37 – Pitch to new investors 07:54 – Steli shares a story about a founder being honest 10:20 – Steli told the founder that he cannot speak for them and that they need to weigh their own decisions 11:20 – Be transparent with your investors 12:49 – Be mindful of not imposing your own moral compass 13:30 – Do NOT lie to your investors – you don’t win that way 14:06 – Don’t talk shit and don’t wear your emotions 14:20 – Founders do wrong by wearing their emotions and talking shit about other investors 15:57 – Talk to your co-founders to get the negativity out of your system 16:18 – Be rational when talking with investors 17:52 – Steli talks about short term actions founders should take 19:19 – In some scenarios, it’s better to just close down the business 19:51 – You don’t want founders to work on a company that’s just not going to profit 20:51 – Listen to Episode 143 when you consider shutting down your business 21:41 – Do everything and anything possible for something that’s worth it 22:21 – End of today’s episode! 3 Key Points: Investor money is NOT the only option you have—be proactive in finding those other solutions. You’re never fully in control of the outcomes, but having control over your company is better than investors directing where you should go. Transparency regarding your finances is key. [0:00:00] Steli: All right, you start.   [0:00:02] Hiten: Check. Hi, this is Hiten Shah.   [0:00:05] Steli: And this is Steli Efti, and in today's episode of the The Startup Chat, I want to talk to you about what to do when your financing is falling through in the last minute. So, the reason I want to chat about this with you today is that in the past two weeks, I had four different conversations with founders where the basic theme was that they were just about to close a financing round, and it has either fallen through completely, or the round or the financing is some kind of in a crisis. There have been different reasons why. For two of them, it was the main investor that ... The lead investor pulling out and in two other cases there are slightly different reasons for why financing has become much much harder. One is that the lead investor all of a sudden has brought up a lot of terms that are just incredibly aggressive and were never agreed to.   [0:01:11] Hiten: Yep.   [0:01:12]
02/21/2017 Aditya Tulsian. He launched and led multiple small business focused software service and mobile offerings at Intuit India. He’s also a management consultant at Diamond Consultant which is now PWC. He’s a product manager. He’s got an MBA and he’s doing very big things especially in the SMB SaaS space. Famous Five: Favorite Book? – Good to Great What CEO do you follow? –  Brad Smith Favorite online tool? — Slack Do you get 8 hours of sleep?— 7 If you could let your 20-year old self, know one thing, what would it be? – Adi just wished that he could have taken the chance earlier   Time Stamped Show Notes: 01:07 – Nathan introduces Adi to the show 01:45 – Adi’s company is Numberz 02:14 – Half of Numberz revenue comes from their SaaS model and half is from commission 02:35 – One of Numberz customers is NH1 Design 03:05 – How NH1 Design uses Numberz 03:50 – Numberz has receivable financing 04:15 – Numberz has 2 pricing plans 05:00 – Average customer pay annually is $185-195 05:26 – Transaction fee is 2% of every transaction that is done in Numberz’ platform 07:00 – Adi was a business head in Intuit India 07:18 – Adi shares why he made the jump 07:35 – Adi has a design agency and they’re stable financially 08:13 – First year revenue 09:20 – 2016 total revenue 09:33 – Numberz has more than 5,500 customers 10:02 – Average MRR 10:45 – Numberz’ paying customers is 1,200 12:15 – Adi shares Numberz’ growth 12:50 – MRR starting 2017 13:27 – Numberz has 3 channels of acquisition to get customers 14:20 – Numberz is spending $150 CAC 16:32 – Team size 16:38 – Numberz’ location is in India 16:51 – Numberz has raised capital 17:23 – Total is $750K 17:35 – The Famous Five   3 Key Points: Taking the leap from corporate is more possible with financial stability. Having 2 streams of revenue for your business can increase your growth faster. Take the chance earlier – opportunities pass you by way too easily.   Resources Mentioned: Acuity Scheduling – Nathan uses Acuity to schedule his podcast interviews and appointments Drip – Nathan uses Drip’s email automation platform and visual campaign builder to build his sales funnel Toptal – Nathan found his development team using Toptal for his new business Send Later. He was able to keep 100% equity and didn’t have to hire a co-founder due to the quality of Toptal Host Gator – The site Nathan uses to buy his domain names and hosting for the cheapest price possible. Audible – Nathan uses Audible when he’s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books. The Top Inbox  – The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences Jamf – Jamf helped Nathan keep his Macbook Air 11” secure even when he left it in the airplane’s back seat pocket Freshbooks – Nathan doesn’t waste time so he uses Freshbooks to send out invoices and collect his money. Get your free month NOW Show Notes provided by Mallard Creatives
02/21/2017In this episode of Startups For The Rest Of Us, Rob and Mike give updates on Drip and Bluetick. Based on listener interest Rob dives into details on the continued growth and scaling and Mike talks about what areas he is focusing on to increase the number of paying customers.         Related Stories Episode 327 | Supporting 700+ services w/ Wade Foster Episode 326 | Building a Local vs. a Remote Team Episode 325 | Building a Killer Email Launch Sequence  
02/21/2017About 20 million people are at risk of starvation within the next six months. We'll look at the four different food crises that are all happening at once. Next, we'll look at Home Depot's earnings growth, despite a lack of new stores, and a Philadelphia law that prevents companies from asking job applicants about past salaries.
02/21/2017 Just 10 weeks into her maternity leave, Vera Fischer was laid off after her company went through a major reorg. Now, 13 years later, she shares how she launched her successful all-in-one advertising and marketing agency, 97 Degrees West. This episode includes Heliotrope and Shift of Currents by Blue Dot Sessions, licensed under a Creative Commons license.