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245: Building a Well-Oiled Business Machine

The Wake Up Call

Release Date: 04/09/2024

252: From Debt to Empire Building with Steven Andrews show art 252: From Debt to Empire Building with Steven Andrews

The Wake Up Call

Description:  In this insightful episode, Steven, a seasoned real estate investor, shares his journey from being in debt to building a successful real estate empire. He emphasizes the importance of due diligence, active management, and assessing individual circumstances before investing in properties.  Additionally, Steven discusses creative financing strategies, location considerations, and the potential of distressed properties for wealth building. Paul and Steven delve into the evolving interpretation of the American Dream, highlighting the increasing interest in real estate...

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251: Empowering Landlords to Build Successful Portfolios with Krista Reuther show art 251: Empowering Landlords to Build Successful Portfolios with Krista Reuther

The Wake Up Call

Description:  Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. In this episode, Krista and Paul discussed the advantages of Turbo Tenant, an all-in-one landlord software solution. Krista emphasized that the software, developed with input from landlords, offers a comprehensive suite of features and a free trial, making it accessible to a wider range of users. She also highlighted the company's affordable pricing, driven by its commitment to...

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250: Structuring Family-Owned Businesses and Real Estate Investments with Carmen Da Silva show art 250: Structuring Family-Owned Businesses and Real Estate Investments with Carmen Da Silva

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Description:  Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. In this episode, Carmen and Paul dived in to the intricacies of structuring family-owned businesses and managing real estate investments. They discuss the use of subsidiaries, parent entities, and the advantages and challenges of various business structures. Additionally, they explore the benefits of self-directed IRAs for real estate investing, tax planning strategies, and asset...

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249: Unconventional Journey to Real Estate Success with Engelo Rumora show art 249: Unconventional Journey to Real Estate Success with Engelo Rumora

The Wake Up Call

Description:  Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. In this insightful episode, host Paul welcomes Engelo, a self-made real estate entrepreneur with a unique background. From dropping out of school at 14 to playing professional soccer in Hong Kong, and later transitioning to construction and self-development, Engelo's journey is a testament to perseverance and the pursuit of one's passions.  Engelo shares his experiences in the...

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248: Insights from Mateo Bervejillo's Path to Success show art 248: Insights from Mateo Bervejillo's Path to Success

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Description:  Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. In this insightful episode, we delve into the entrepreneurial journey of Mateo, the CEO of Xseed, a software development company based in Uruguay. Mateo shares his inspiring story, from his early career as a manager in the teleconsultancy industry to his transition into the outsourcing sector and eventually becoming an entrepreneur.  He highlights the challenges he faced along...

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247:  How AI is Leveling the Playing Field for Investors with Andrew Einhorn show art 247: How AI is Leveling the Playing Field for Investors with Andrew Einhorn

The Wake Up Call

Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. In this episode, we sit down with Andrew, the founder of LevelFields AI, to discuss how his company is using advanced data analysis and artificial intelligence to give individual investors access to the same powerful insights that were previously only available to large financial institutions.  Andrew shares how his platform scans thousands of news sources and company filings in...

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246: Navigating the Complex World of College Planning and Financing show art 246: Navigating the Complex World of College Planning and Financing

The Wake Up Call

Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your lifestyle and economy. In this episode, Paul and Brad delve deep into the intricate world of college planning and financing. They discuss the critical steps involved in the late-stage college planning process, including visits, testing, negotiating with schools, and securing various forms of financial aid.  They also explore the differences in guidance counseling services between private and public schools, and...

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245: Building a Well-Oiled Business Machine show art 245: Building a Well-Oiled Business Machine

The Wake Up Call

Description:  Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your lifestyle and economy. In this episode, Paul Thompson shares his insights on developing an effective process for running a successful business. He outlines his approach to setting big, hairy, audacious goals, breaking them down into a 3-year vision and 1-year plan, and then implementing a cadence of weekly tactical meetings and daily huddles to drive execution and accountability.  Paul emphasizes the...

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244: Mastering Marriage, Entrepreneurship, and the Art of Living by Design show art 244: Mastering Marriage, Entrepreneurship, and the Art of Living by Design

The Wake Up Call

Description:  Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your lifestyle and economy. In this introspective episode, Paul Thompson reflects on two pivotal journeys – his marriage and entrepreneurial ventures. As he celebrates his 19th wedding anniversary, Paul shares poignant insights on the evolving phases of marriage and the intentional commitment required to build a lasting partnership. He then shifts gears, discussing his involvement in an ambitious mastermind group...

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243: Leveraging Podcast Guesting to Raise Capital and Build Your Brand with Trevor Oldham show art 243: Leveraging Podcast Guesting to Raise Capital and Build Your Brand with Trevor Oldham

The Wake Up Call

Description:  Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your lifestyle and economy. Trevor Oldham, founder of Podcasting You, shares valuable insights on how real estate investors and entrepreneurs can effectively use podcast guesting as a strategy to raise capital, build authority, and grow their businesses. He discusses the tactics and best practices for identifying the right shows, creating compelling pitches, repurposing content, and nurturing relationships with...

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More Episodes

Description: 

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your lifestyle and economy.

In this episode, Paul Thompson shares his insights on developing an effective process for running a successful business. He outlines his approach to setting big, hairy, audacious goals, breaking them down into a 3-year vision and 1-year plan, and then implementing a cadence of weekly tactical meetings and daily huddles to drive execution and accountability. 

Paul emphasizes the importance of having clear metrics, identifying bottlenecks, and building systems that can scale without constant intervention from the business owner. Whether you're a seasoned entrepreneur or just starting, this episode provides valuable takeaways on how to build a thriving, self-sustaining business.

 

Key Takeaways:

  1. Define a clear, measurable "big, hairy, audacious goal" that aligns with your company's mission.

  2. Break down your long-term vision into a 1-year plan with specific initiatives and key performance indicators.

  3. Implement a rhythm of weekly tactical meetings and daily huddles to drive accountability and continuous improvement.

  4. Identify and address the bottlenecks in your business, whether it's processes, communication, or your own involvement.

  5. Strive to build a well-oiled machine that can operate with little to no direct oversight from the business owner.

  6.  

Follow Paul Thompson

• LinkedIn | https://www.linkedin.com/in/paulthompson-onecallcapital/

• Website | https://pauldavidthompson.com

• Tiktok | https://www.tiktok.com/@pauldavidthompson

 

Resources:

www.PaulDavidThompson.com - Real estate resources, past episodes, and information on my mastermind

 

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