MAKING THE SHIFT: From Short-Term to Long-Term Mindset

On this episode, Jake and Gino talk with Sean Magennis, the CEO of Capital 54, a Family Office dedicated to the Professional Services sector. He also Chairs two portfolio companies: Lumini Network and Collective 54. Sean contributes over 30 years of experience to business leaders in growing professional services business both domestically and globally, through growth strategies, turnarounds, acquisitions and financings. Prior to Capital 54, Magennis was the Global President and COO of YPO.

Key Insights: 00:00 Introduction 00:44 Entrepreneurial pursuits and setting goals 03:33 The transition from entrepreneurship to corporate management 08:25 Ensuring accountability 11:18 Why it is important to articulate your goals 14:30 Are you working on both yourself and on your business? 18:06 You need to have a Growth Mindset from day one 22:44 Making the shift from a short-term mindset to long-term mindset 26:33 The shiny object syndrome and how to avoid it 31:00 How long-term planning can impact your business today 34:24 What do the world’s most successful CEOs all have in common?

Learn more about Sean Magennis's initiatives: https://www.ypo.org/profile/sean-magennis/

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 About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. They have created the Jake & Gino Premier Multifamily Community to teach others a simple three-step framework for investing in multifamily real estate. Connect with Jake & Gino here --> https://jakeandgino.com.

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