BiggerPockets Business Podcast

Have you dreamed of starting a new business but can’t imagine how in the world you’d fit that into your already-packed family schedule? Love the idea of getting your significant other involved in your venture, so you can tackle the world together—power-couple style?It CAN be done… and today’s guest is passionate about sharing how, with the right approach, you can even get the kids on board, too!In this engaging episode, BiggerPockets Business Podcast host J Scott interviews his wife and co-host Carol Scott, as she launches a brand new business. Carol shares her expertise in leveraging the successes you’ve had in your personal and work life to create a company that generates income while prioritizing—and not compromising—your responsibilities at home.Carol also provides actionable tips on creative hiring from the get-go to put together an impactful team that can help drive your vision. She also discusses the power in telling everyone you know, loud and clear, about what you’re doing.Together, Carol and J teach how to instill values of collaborative entrepreneurship in the family and the crucial importance of a dedicated workspace to help shift mindsets, support one another, and make progress toward your goals.And if you’re hung up on the expectation of perfectionism and doing it all, make sure you listen to Carol’s often-controversial take on how to overcome that unattainable, society-driven notion!Enjoy, and subscribe to the BiggerPockets Business Podcast to continue learning throughout 2020 and beyond. Happy Holidays!In This Episode We Cover: Carol's backstory—from employee to stay-at-home mom Her new business—a boutique real estate brokerage What makes a real estate agent unique The difference between working IN your business vs. working ON your business How she juggles putting family first while running a business The main reasons to hire somebody Valuable tips on finding, interviewing, and hiring the right people Advice for stay-at-home business owners Family as the #1 priority Tips for starting a business And SO much more! Links from the Show BiggerPockets Forums Franklin Covey eBay MetTel Keller Williams Indeed.com Check the full show notes here: https://www.biggerpockets.com/bizshow35 Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you concerned that your lack of business experience is going to hinder your ability to start and grow a company? Do you think that being a marketing expert is a prerequisite to getting your first customers? Well, that’s not the case... and our guests today are here to prove it!Jamie and Brian Ratner—co-founders of CertifiKID, a multi-million dollar family-focused deal site—are here to tell you about how they started their company without business degrees, without a big team, and without a big marketing budget. And on this episode, they teach us how you can bootstrap your business and how building a team that buys into your vision can propel you to success.Jamie tells us how she stood on the street corner handing out flyers, trying to find that first customer. And Brian tells us how—10 years later—they were able to put themselves in front of some of the most influential investors on the planet. Brian also tells his story about how he went toe-to-toe with Kevin O’Leary (from Shark Tank), negotiating a deal that would bring them a big six-figure investment and a realization of one of their big business goals.And if you’ve ever dreamed of being on Shark Tank, make sure you listen for Jamie’s tip on how to bypass the cattle-call auditions and get straight to the decision makers!Check them out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show!In This Episode We Cover: Why it's important to move quickly and be the first to market How to hire employees by reaching out to customers How they follow trends to never become boring to their customers How they complement each other in their business How they got into Shark Tank How they plan for success and not failure Why building a strong team is their #1 priority Why you should make appropriate sacrifices And SO much more! Links from the Show BiggerPockets Forums Groupon CertifiKID Shark Tank Negotiation Check the full show notes here: http://biggerpockets.com/bizshow34 Learn more about your ad choices. Visit megaphone.fm/adchoices

Having trouble generating business in your business? Having difficulty converting sales?CEO, mentor, coach, and marketing expert Pat Fenton is here to talk about the principles of attracting—and converting—customers to your business. No matter what you offer, whether it’s a product or a service, the principles for getting business are the same.Pat shares actionable steps on how to generate business, how to influence people to contact you, how to grow by expanding your network, how to create reciprocity, and how to add value above and beyond the competition to get continuous referrals and repeat business.Make sure you listen for Pat’s words of wisdom about how to turn failure into success and how even those who fail the most can ultimately end up being the best.Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show!In This Episode We Cover: Why mentorship is a necessity How you can strike out 7 out of 10 times and still be a superstar Why top professionals like rejections Why practice is where the money is made  Building on existing relationships rather than starting over with new customers What to be aware of in partnerships Asking yourself what problems you are solving Understanding the sales process Why capital is not the driver of success And SO much more! Links from the Show BiggerPockets Forums Rank Maker Network Marketing Company Check the full show notes here: http://biggerpockets.com/bizshow33 Learn more about your ad choices. Visit megaphone.fm/adchoices

"If you wait until you have a perfect plan," says Fetch Rewards co-founder Tyler Kennedy, "you're never going to get started."That line sums up Tyler's journey alongside his partner Wes Schroll. Today, they take us behind the scenes at their fast-growing startup, which employs 100-plus people and helps two million-plus app users earn discounts on everyday consumer products.You'll learn how Fetch started "pivoting" right off the bat, how Tyler and Wes approached giant brands like Kraft and Dove (hint: start small), and how two magic words turn regular old customers into evangelists.No matter what business you're in, you're in the business of looking for "win-win" arrangements. And in this interview, you'll learn how to do that from two creative, tenacious entrepreneurs who credit their success to getting started BEFORE they had it all figured out.Download this episode, and make sure you're subscribed to the BiggerPockets Business Podcast so you won't miss the next one!In This Episode We Cover: What is Fetch Rewards How the idea came to be Focusing on the customer experience The steps they took to build the app How they scaled to 1.7 million users How they earn money Giving rewards to users (and getting even better at it) What their company looks like from an organizational structure Focusing on the customers first The culture of the company Why you should be a problem solver Their individual roles And SO much more! Links from the Show BiggerPockets Forums Kraft Heinz Dove Harry Miller Corp Kimberly- Clark Check the full show notes here: https://www.biggerpockets.com/bizshow32 Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you have a business idea but are afraid that you don’t know enough about the industry to achieve success? Do you worry that you’ll hit a roadblock that will keep you from growing your business to its full potential? These are scary thoughts that plague many entrepreneurs, but there is a simple solution to overcoming these risks!  Gavin Steinberg—real estate developer turned founder of the novel furniture subscription company The Everset—is here to tell you how he overcame these risks to his business. His solution is all about leveraging your network and finding other people who can help you navigate those areas of your business where you may not be the expert.When Gavin decided to enter the world of furniture, he was like a fish out of water. It wasn’t an industry that he knew, but it was an industry that he wanted to be part of. Leveraging his relationships and relying on the help of others who did know the industry, Gavin was able to gain the expertise that he needed and lean on others to help his company grow and thrive. In this episode, he tells us how we should be constantly expanding our network and recruiting others to help us grow in areas where we don’t have the knowledge or experience to do it ourselves. Make sure you listen for Gavin’s words of wisdom about how unlikely it is that your first idea will drive your ultimate success and how you should embrace the changes your business will inevitably go through.Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show!In This Episode We Cover: How Gavin created a novel furniture subscription company Where they offer their service and to whom How he found his partner How he's leveraging his network Strategic partnership with real estate communities Reaching out to customers by offering service as an amenity 3 things furniture should have: quality, reasonable price, and looks How they got their first customers The ability to say no And SO much more! Links from the ShowBiggerPockets ForumsCheck the full show notes here: http://biggerpockets.com/bizshow31 Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you worry that after everyone and everything else in your business is paid, there will be nothing left for you? Have you been taught to believe that the first several years of your business must involve constant financial struggle? Well, it doesn’t have to be that way!Mike Michalowicz—author of five amazing business books, including The Toilet Paper Entrepreneur and Profit First—knows firsthand how important it is to ensure that you get paid each and every day. And in this episode, he teaches how to make sure that you’re profitable in your businesses from day one.Mike tells us his story of entrepreneurship highs and lows. After two early successes, he found himself in dire straights, not bringing in enough money to pay his bills and falling into depression. But it was these struggles that made him realize that there was a better way of running his businesses—a way that would ensure that he could take care of his family while his businesses would continue to grow.The formula is simple, even if it’s not obvious. Mike breaks it down step by step, so that even the most skeptical among us will realize that immediate business profits are just a simple mindset shift away. He helps us realize that profitability in our business is already “baked in” and that by changing our habits, we can start extracting it TODAY!And make sure you listen for Mike’s business-changing idea: start slow, let it grow.Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show!In This Episode We Cover: How Mike discovered his vocation despite his big failure Why you don’t have to be a billionaire to be successful The significance of the profit first formula The 5 foundational bank accounts Why you should start slow, and let it grow How one company switched to profit first and innovated their way to earning more What companies with debt should do The Parkinson's law And SO much more! Links from the Show BiggerPockets Forums The Savannah Bananas Check the full show notes here: http://biggerpockets.com/bizshow30 Learn more about your ad choices. Visit megaphone.fm/adchoices

Want to "do well" AND "do good"? Andy Seth's done just that—building several businesses and doing big things in his community. In this episode, he shares how he did it.You'll love hearing about Andy's journey from humble beginnings, like how he hustled at every turn and how he fought with what he calls "a terrible business partner"—his own ego! (Can anyone relate?)Andy shares great tips for finding what you're really passionate about and maintaining your energy while juggling multiple pursuits. You'll learn why it's OK to bounce around as you look to make a real impact beyond success and money. And our conversation on hiring might totally change the way you look at job applicants.Oh—and don't miss Andy's story about writing his book, Bling, in a shockingly short period of time. Andy is a super-thoughtful entrepreneur who's looking at the big picture and making a real difference in people's lives every day.Check him out, and subscribe to the BiggerPockets Business Podcast so you won't miss our next show!In This Episode We Cover: Andy's upbringing and how he grew up struggling financially Making $300K/year as a DJ in college How he sold two tech companies before he graduated college How to build businesses in parallel How to not fall victim to your ego His hiring and job description tips How he was able to write a book in five days Why he dislikes "world domination" And SO much more! Links from the Show BiggerPockets Forums Accenture Minds Matter Denver O Net Online Kipp School Check the full show notes here: http://biggerpockets.com/bizshow29 Learn more about your ad choices. Visit megaphone.fm/adchoices

Whoa! Today's episode is a masterclass in building a business that runs without your day-to-day involvement.You might have heard of Ryan Dossey the real estate investor, but today he takes us behind the scenes of Call Porter, his live call answering business, employing 27 people in St. Louis, Mo.You won't find Ryan in the office, though. He lives 1,800 miles away. And because he's put an executive team in place, he can focus on his "superpowers": content marketing and big-picture strategy.You'll love hearing Ryan's tips on how to keep remote employees accountable, why "core values" aren't B.S., and how to screen potential mentors/coaches to make sure they know what they're doing.This is a seriously inspiring episode, and you'll walk away ready to automate and delegate those tasks you've been meaning to get off your plate.Download this one, and subscribe so you won't miss the next BiggerPockets Business Podcast episode!In This Episode We Cover: Starting a call center catered to real estate investors How he became good on the phone How Call Porter works Vetting and hiring the right people How the St. Louis "accent" helps them close deals How he used paid advertisement and funnels to get clients Incredible tools to gain more leads Training employees to convert leads Using How to Win Friends and Influence People principles Automating the whole business process Benefits of having employees work from home Why you should establish core values in your company And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Podcast 335: 70+ Units Per Year and How Exactly to Make a Lowball Offer with Ryan Dossey BiggerPockets Real Estate Podcast Typeform Wizehire ClickFunnels Active Campaign Schedule Once PayPal Stripe Hubstaff Upwork Slack Quicbooks BiggerPockets Podcast 155: From Zero to 200+ Deals in Five Years with Sharad Mehta BiggerPockets Podcast 321: How to Negotiate Real Estate—Expert Deal-Making Tactics with J and Carol Scott and Mark Ferguson Check the full show notes here: https://www.biggerpockets.com/bizshow28 Learn more about your ad choices. Visit megaphone.fm/adchoices

There are tons of social media “experts.” But how many of them have gone from zero to one million followers in just 30 days?Today's guest Brendan Kane did. And in this episode, he teaches us the straightforward strategy outlined in his book One Million Followers.If you like the idea of attracting leads on social media but don’t know where to start, you’re in the right place. You’ll love Brendan’s simple recipe for creating content that attracts followers, spreads your message, and turns leads into customers. He's worked with everyone from Taylor Swift to dentists hoping to grow their practices—and his advice boils down to a few lessons you can apply right away.This episode could gain you thousands of followers and help you form valuable connections. So don’t miss it! And subscribe to the BiggerPockets Business Podcast so you won’t miss the next one!In This Episode We Cover: How Brendan got into business online From zero to 1 million followers in just 30 days Which platform should you start with? How much money do you need to spend? His process involving hypothesizing, testing, and pivoting 75,000 tests 5 elements of content to test 2 reasons you should test a lot What makes a good content? The concept of hook points Targeting your core audience Do you really need viral content? And SO much more! Links from the Show BiggerPockets Forums Facebook Instagram LinkedIn Youtube Check the full show notes on BiggerPockets: http://biggerpockets.com/bizshow27 Learn more about your ad choices. Visit megaphone.fm/adchoices

How would you run your business differently if you started with the end in mind?Today’s show is all about forming your exit strategy up front… and there’s no one more qualified to talk about that than the co-founders of Barefoot Wine.Bonnie Harvey and Michael Houlihan weren’t even “wine people” when they went into business. Yet they found a way to outsell everyone else and eventually had giant companies competing to buy THEM. (They happily sold to Gallo in 2005.)In this episode, you’ll learn the strategies that drove their explosive growth and the way in which you can apply them—no matter your experience level.From the simple question that launched their business, to the pitfalls of “falling in love with your product,” to why every entrepreneur should meet business brokers for lunch once a month, this show is packed with practical, hard-won wisdom you can immediately implement.Download this one, subscribe to the BiggerPockets Business Podcast, and share this episode with just one person who you think you would get value out of it!In This Episode We Cover: Barefoot’s (crazy!) origin story The one-sentence piece of advice that guided their launch Identifying a hidden opportunity in a competitive market How to design an iconic logo Why your market is more crucial than your product Avoiding the unnecessary expenses that kill most businesses How “worthy cause marketing” transformed their customers into advocates How to take other brands' followers The importance of ensuring your product display is correct How to think about what retailers want Preparing to sell a business Using narrative storytelling to teach entrepreneurship And SO much more! Links from the Show BiggerPockets Forums The Barefoot Spirit Audiobook Listen on BiggerPockets: http://biggerpockets.com/bizshow26 Learn more about your ad choices. Visit megaphone.fm/adchoices