Action Academy | Millionaire Mentorship For Your Life & Business $2M In Equity In 2 Years Through Boutique Hotel Investing w/ Gideon Spencer
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Jun 11, 2024 Experienced real estate investor, Gideon Spencer, shares his journey from a fourplex deal to a $5.9M boutique hotel in 2 years. Topics include the power of big real estate deals, acquiring hotels, scaling businesses, and building a strong team for success.
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Why Bigger Deals Are Simpler
- Bigger deals become easier because you can assemble complementary experts and scale interdependence.
- Smaller deals force you to do everything yourself and offer too little to attract rock-star partners.
Fourplex Used As A Learning Sandbox
- Gideon used his first fourplex as a learning sandbox by renovating units while living in them.
- He did most work himself to accelerate feedback loops before deciding to scale via teams.
Buy Back Your Time With Specialists
- Stop trading time for low-return tasks and hire specialists to free time for higher-leverage skills.
- Spend your hours building deal-sourcing, team-building, and capital-raising abilities instead of doing landscaping.