Jonathan talks with Dr. Alex Tam, who runs multiple successful businesses. Jonathan and Alex discuss his strategy for raising capital from medical professionals and how he uses 12 VAs to help his multiple businesses thrive.
Connect with Dr. Alex:
https://www.linkedin.com/in/dralextam/
Takeaways
- Targeting healthcare professionals as limited partners can be an effective strategy, as they often have expendable income and can relate to the speaker's background.
- Building relationships through mastermind groups and doctor networking groups can lead to valuable partnerships and connections.
- When using virtual assistants, it is important to clearly define tasks and invest time in training them to meet expectations.
- Finding the right virtual assistant can be challenging, but working with a reputable agency or developing a thorough vetting process can help ensure a good match.
- Mindset is crucial in business and real estate success, and resources like Ed Mylet's podcast can provide valuable insights and inspiration.
Chapters
00:00
Introduction
00:29
Background and Work in Real Estate
01:32
Capital Raising Strategy
03:09
Targeting Limited Partners
04:50
Building Relationships through Masterminds
06:23
Finding Limited Partners in Doctor Networking Groups
08:14
Hesitations of Medical Professionals in Investing
09:53
Qualities of Great Operators
11:44
Using Virtual Assistants in Business
13:31
Getting Started with Virtual Assistants
16:53
Finding Virtual Assistants
20:21
Reasons for Failed VA Relationships
23:00
10Xing the Medical Business
23:47
Best Deal and Worst Deal
25:29
Tips for Finding Deals
26:38
Tips for Raising Capital
27:16
Recommended Resource
27:59
Contact Information
28:31
Conclusion
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podcast@thesourcecre.com
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www.thesourcecre.com
*Some or all of the show notes may have been generated using AI tools.
