Get Creative with Pace Morby

The Art of the Turnaround: Mastering Business Transformations

May 15, 2024

Join Cody Barton, an expert in turning around struggling businesses, as he shares insights on creative financing in real estate, successful property transformations, business challenges, effective delegation, and scaling new heights in business. Discover the secrets to financial success and leadership in business transformations.

54:31

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Episode guests

Cody Barton

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Understanding financials gives a competitive edge in business management.

Leadership plays a crucial role in business success by removing wrong people and empowering the right ones.

Acquiring businesses involves problem-solving, turning challenges into opportunities for profit.

Deep dives

PACE MARBY's Creative Financing Expertise

PACE MARBY is known for his expertise in creative financing, revolutionizing the real estate industry. Through his creative financing strategies, he has unlocked new opportunities and generated substantial wealth by defying conventional norms.

Introduction

2min

Cultural Gathering and Business Transformations

9min

Navigating Financial Challenges in Business Acquisitions and the Need for Industry Disruption

5min

Financial Tracking and Business Evaluation

18min

Insights on Leadership, Team Building, and Business Growth Strategies

4min

Embracing Practical Experience and People Management

10min

Strategies for Business Acquisition and Integration in Property Management

3min

Networking, Business Expansion, and Challenges

2min

Time zone confusion, acquisition questions, and business scaling advice

2min

Welcome to a new episode of Get Creative. In this episode, we’ll go through the world of business transformations. I'm joined by Cody Barton, an expert in acquiring and turning around struggling businesses for massive profits. We unpack the secrets to real estate success, share insider tips on creative financing, and discuss the important role of leadership and culture in reviving business operations.

Highlights:

"If you can understand the financials and the money aspect of the business, managing the money, where it goes, how to track it, you have a 99% edge over everybody else."

"The difference between businesses that succeed and those that don't often comes down to leadership—removing the wrong people and empowering the right ones."

"We're not just buying businesses; we're solving real problems, turning pain into profit, and transforming challenges into opportunities."

Timestamps:

00:42 - Creative Financing in Real Estate

04:09 - A Successful Property Turnaround

06:27 - Failing Business into a Profitable Venture

09:01 - Challenges in Businesses and Acquisition Opportunities

12:44 - Exploring Business Acquisition Platforms

19:00 - Financial Mismanagement in Business Purchases

24:21 - Effective Delegation on Business Scaling

33:28 - Introduction toScale with Pros Platform

51:36 - Scaling New Heights in Business

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Get Creative with Pace Morby

The Art of the Turnaround: Mastering Business Transformations

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

PACE MARBY's Creative Financing Expertise

Importance of Live Interaction and Consistency

Success Story from a Risky Property Investment

Business Transformation through Strategic Acquisitions

Scaling Businesses with Structured Processes

Remember Everything You Learn from Podcasts