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The Rich Somers Report

Latest episodes

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Nov 5, 2024 • 7min

7 Signs You Are Going To Be Successful | E264

Discover the seven characteristics and personality traits that are consistent with people who are highly successful. In this quick rapid fire episode, Rich shares his insight on why these distinct qualities help to determine who is moving the needle, and who is not.--Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest. Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
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Nov 2, 2024 • 60min

How to Build A Business You Love: Top Strategies & Lessons From Dan Martell | E263

Unlock the secrets of entrepreneurship as Rich Somers engages with Dan Martell, a WSJ bestselling author, serial entrepreneur, and growth coach. Journey with Dan as he shares his evolution from launching successful ventures like Clarity.fm and Flowtown to becoming an angel investor with a portfolio that boasts industry titans like Intercom and Udemy. Discover how Dan's fresh insights on business growth can empower you to create a venture you truly love. He explores essential topics, including how to spot market trends, master the art of sales, and identify the critical factors that drive pricing strategies. Dan also emphasizes the importance of public speaking and content creation, revealing how a strong social media presence and reputation can dramatically influence business success. Throughout the conversation, he breaks down the vital skills needed to excel as a business owner, highlights the significance of due diligence in acquisitions, and shares invaluable lessons learned from industry giants like Grant Cardone and Warren Buffett.--Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest. Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
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Oct 31, 2024 • 2h 40min

Developing Outpost X, The Roundup/Monsanto Crisis & His $17M Exit w/ Chamber Media | Travis Chambers E262

What does it take to truly succeed in business and defy the odds? Join Rich Somers as he chats with Travis Chambers, the visionary behind Outpost X, a one-of-a-kind sci-fi movie set hotel in the Utah desert. After a remarkable $17 million exit from Chamber Media, Travis opens up about his journey—from a childhood filled with adversity to crafting an extraordinary experience that transports guests into another world.In this captivating episode, Rich engages Travis in an exploration of entrepreneurship, where the importance of sales skills and meticulous attention to detail becomes paramount.They discuss how Outpost X is more than just a hotel; it’s a transformative space of healing and imaginative escape, inviting guests to immerse themselves in a truly unique experience.Travis reflects on the challenges he has faced, including the complex legacy tied to his father's involvement in the Roundup/Monsanto crisis, and how these experiences have shaped his mission.The conversation delves into workplace culture, the critical role of innovation in hospitality, and the unique challenges of funding unconventional stays in a market that often shies away from the new and untested.Travis shares invaluable insights on overcoming adversity and the transformative power of vision in entrepreneurship. With an adventurous spirit, he inspires listeners to embrace opportunities and challenge the status quo.--Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest. Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
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Oct 29, 2024 • 46min

The "4 x 4 x 48" Explained & How He 3x'd the value of his first Apartment Deal | Michael Garcia E261

How does the "4 x 4 x 48" challenge parallel the journey of tripling the value of a multifamily property in less than two years? Join Rich Somers and Michael Garcia as they uncover the power of commercial real estate through Michael's remarkable transformation—from selling his single-family house to investing in a 12-unit multifamily deal that achieved outstanding results in just 23 months. Explore the challenges he faced, the invaluable lessons learned in his first deal, and why resilience is crucial for every serious investor.--Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest. Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
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Oct 26, 2024 • 1h 21min

Don't Invest in Real Estate if You're Broke, Do this Instead | Ryan Pineda E260

Think real estate rentals are the way out when you're broke? Rich Somers and Ryan Pineda challenge that assumption head-on, showing why focusing on active income is crucial before diving into rentals. Ryan shares smarter strategies to build wealth the right way, stack cash fast, and avoid low-yield investments. Make moves, not mistakes.--Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest. Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
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Oct 24, 2024 • 27min

How to Build a Hotel Business: How Much They Cost, How to Run it, How to Find Partners | E259

Discover how to turn tightening Airbnb regulations into your advantage by transitioning into the lucrative hotel industry. Learn the insider secrets to finding hotel deals, mastering operations, and securing the right partners to grow your portfolio. If you're ready to elevate your investment game, this episode has everything you need to get started!--Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest. Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
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Oct 22, 2024 • 1h 2min

He’s Bought Over 3,000 Apartment Units: Market Forecast, & Top Multifamily Strategies | Jason Yarusi E258

Rich sits down with real estate expert Jason Yarusi to discuss how he grew a $300M commercial real estate portfolio, key strategies for successful real estate investing, and the importance of market knowledge and focusing on niches.Jason Yarusi has built and exited a construction company, restaurants, a brewery and multiple large apartment communities. Jason is a Private fund manager of over $300M of Multifamily real estate. Since 2017 his company Yarusi Holdings has amassed over 2,500 apartment units. --Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest. Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
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Oct 19, 2024 • 56min

Fertility Killers You Didn't Know About: Hot Tubs, Phones and What's Really Hurting Your Health | Dr. Pedi Mirdamadi E257

Naturopathic expert Dr. Pedi Mirdamadi joins Rich Somers to reveal surprising truths about health—from grocery store secrets and fertility killers like hot tubs and cell phones, to the heated debate over false eyelashes that earned millions of views. With eye-opening insights and practical advice, Dr. Pedi emphasizes the importance of taking control of your wellness, reminding us that "health is wealth."Dr. Pedi Mirdamadi is a Licensed Naturopathic Doctor and Holistic Nutritionist specializing in Functional Medicine, practicing at Oasis Health and Medicine in San Diego.--Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest. Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
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Oct 17, 2024 • 1h 19min

Raising Capital for Real Estate: Top Strategies & Mistakes to Avoid | Hunter Thompson E256

Learn to master the art of raising capital for real estate with expert Hunter Thompson. In this episode, Rich Somers dives into Hunter’s top strategies for syndication, including how to attract accredited investors and navigate the common pitfalls that can derail your success. Packed with actionable insights and real-world examples, this conversation is essential for anyone serious about leveling up their investment game and avoiding costly mistakes.--Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest. Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.
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Oct 15, 2024 • 1h

4.8 Billion People Use Social Media: Hooks, Stories, and Strategies to Grow Your Personal Brand | Brandon Fortino E255

Access the secrets of personal branding in this episode with Rich Somers and Brandon Fortino as they share how to use powerful hooks and captivating stories to grab attention and monetize a small audience. Packed with actionable strategies, they cover creating impactful content, building community, and leveraging social media to achieve greater success. Whether you're just starting out or looking to scale, this episode is your blueprint for mastering personal branding and unlocking new opportunities!Brandon Fortino is the founder and CEO of Short Form Pros, a speaker, and an expert in personal branding and organic video marketing.  Using his knowledge of over 7 years in video production, he helps numerous entrepreneurs and businesses create social media content consistently and effectively to achieve millions of organic reach on social media to build a community.  His work is driven by the values of persistence and excellence to turn their personal brand from invisible to invincible.--Ready to build your boutique hotel portfolio and take your investing to the next level? Unlock our proven system by joining the Boutique Hotel Mastermind Community. Reserve your spot for a free consultation today: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.Want to invest with Somers Capital and take advantage of high-performing boutique hotel opportunities? Learn more about how to get involved: www.somerscapital.com/invest. Need expert management for your short-term rentals or boutique hotel? Experience unmatched service by scheduling a free consultation with Excelsior Stays today: www.excelsiorstays.com/management.

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