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How to Monetize Your Skills Into Different Revenue Streams with Mike Hambright

The CEO Nation

Release Date: 09/03/2020

Do you have a people problem or a system issue? show art Do you have a people problem or a system issue?

The CEO Nation

These 15 min+/- bite sized segments are intended to be a Daily Dose of digestible, tangible and implementable advice that can "move the needle" in your business immediately.  We are dropping relevant, timely information several times a week, in a format that is boiled down to the most important facts with no fluff or wasted time. Every week we'll release multiple new episodes covering the most compelling and helpful topics pulled straight from our current Private Coaching Client calls and Group Training Sessions.  These Daily Dose episodes are designed to be fast and easy to consume...

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What's Really Happening In Your Business? show art What's Really Happening In Your Business?

The CEO Nation

These 15 min+/- bite sized segments are intended to be a Daily Dose of digestible, tangible and implementable advice that can "move the needle" in your business immediately.  We are dropping relevant, timely information several times a week, in a format that is boiled down to the most important facts with no fluff or wasted time. Every week we'll release multiple new episodes covering the most compelling and helpful topics pulled straight from our current Private Coaching Client calls and Group Training Sessions.  These Daily Dose episodes are designed to be fast and easy to consume...

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Your Business Results Are A Reflection of How You Are Showing Up In Other Areas of Your Life show art Your Business Results Are A Reflection of How You Are Showing Up In Other Areas of Your Life

The CEO Nation

These 15 min+/- bite sized segments are intended to be a Daily Dose of digestible, tangible and implementable advice that can "move the needle" in your business immediately.  We are dropping relevant, timely information several times a week, in a format that is boiled down to the most important facts with no fluff or wasted time. Every week we'll release multiple new episodes covering the most compelling and helpful topics pulled straight from our current Private Coaching Client calls and Group Training Sessions.  These Daily Dose episodes are designed to be fast and easy to consume...

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Why Your Goals Might Be Hurting You show art Why Your Goals Might Be Hurting You

The CEO Nation

These 15 min+/- bite sized segments are intended to be a Daily Dose of digestible, tangible and implementable advice that can "move the needle" in your business immediately.  We are dropping relevant, timely information several times a week, in a format that is boiled down to the most important facts with no fluff or wasted time. Every week we'll release multiple new episodes covering the most compelling and helpful topics pulled straight from our current Private Coaching Client calls and Group Training Sessions.  These Daily Dose episodes are designed to be fast and easy to consume...

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Are You Fixing The Wrong Problems? show art Are You Fixing The Wrong Problems?

The CEO Nation

These 15 min+/- bite sized segments are intended to be a Daily Dose of digestible, tangible and implementable advice that can "move the needle" in your business immediately.  We are dropping relevant, timely information several times a week, in a format that is boiled down to the most important facts with no fluff or wasted time. Every week we'll release multiple new episodes covering the most compelling and helpful topics pulled straight from our current Private Coaching Client calls and Group Training Sessions.  These Daily Dose episodes are designed to be fast and easy to consume...

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The Power of Converging Goals vs Conflicting Goals show art The Power of Converging Goals vs Conflicting Goals

The CEO Nation

When you sit down and think about your life, can you see the points where you are creating momentum? How about friction? Today's episode we are focusing on differentiating your goals in, not just your business, but your life that may be conflicting and creating friction to make your life harder as well as the goals that are creating momentum that will catapult you and your business into more and more successses.  These 15 min+/- bite sized segments are intended to be a Daily Dose of digestible, tangible and implementable advice that can "move the needle" in your business...

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Unlock Your True Potential: Balancing Life and Business for Success show art Unlock Your True Potential: Balancing Life and Business for Success

The CEO Nation

On this episode of The CEO Nation Podcast, Steve discusses the importance of balance in life and how it relates to business success. He emphasizes the need to prioritize mental stability, physical health, emotional well-being, relational grounding, and spiritual connectedness for achieving success. Richards also shares his own spiritual awakening and announces a retreat program to help men build business plans and improve various aspects of their lives. He encourages listeners to focus on the right things in life, enjoy life, and maintain good health and relationships. These 15 min+/- bite...

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Gamifying Your Business: You can't win if you don't know how to play! show art Gamifying Your Business: You can't win if you don't know how to play!

The CEO Nation

When working to build a successful business, gathering data on what works and what doesn't is the key (a.k.a. KPIs).  KPI's are score keeping markers to let you know how you're doing, and to learn the "rules" of the game.  Once you learn what matters and what doesn't, you can better measure and manage your inputs (activities), which leads to controlling your outputs (results).  In this episode, Steve breaks down how uncovering and controlling your KPI's is what leads to building leverage in your business via systems and processes. These 15 min+/- bite sized segments are intended...

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You Can't Scale Hustle! (Part 2 of Gamifying Your Business) show art You Can't Scale Hustle! (Part 2 of Gamifying Your Business)

The CEO Nation

Gamifying your business is a great way to track data so you can better understand what to focus on, and more importantly - what NOT to spend your time, money and energy on. There is a very strategic, repeatable and consistent set of steps you can follow to continuously improve your business over time, and methodically hone in on success over time. In this episode, Steve breaks down these steps and explains how they will help you work towards successfully scaling your business. These 15 min+/- bite sized segments are intended to be a Daily Dose of digestible, tangible and...

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The Most Common Shortcomings of A Leader (Part 5 of 5 on Building Successful Teams) show art The Most Common Shortcomings of A Leader (Part 5 of 5 on Building Successful Teams)

The CEO Nation

 Great leaders are the best followers, they just follow worthy callings rather than following other people.  They also understand the power of focus and relentless follow through.  Making the shift successfully from doing the work to leading others is one of the hardest things an entrepreneur will have to do.  In this final installment of the five part series, Steve talks about what matters most when working to become the leader your business needs in order to scale to the next level.   These 15 min+/- bite sized segments are intended to be a Daily Dose of...

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Mike Hambright has been able to parlay a successful real estate investing career into multiple 7 figure businesses and/or revenue streams, all based around providing value to others. Mike has produced over 1500 podcasts and has created a massive impact on the real estate industry by coaching, mentoring, and serving thousands of people all over the country for well over a decade.

In this episode, Steve interviews Mike about getting started as an entrepreneur as a "Corporate World Refugee" during the Great Recession of 2008. After being the first person in his entire extended family to graduate from college, Mike went on to earn more degrees and land what he thought were great jobs in the corporate world - only to have the rug yanked out from under him, leaving him with no choice but to make his own way as an entrepreneur.

 

Key Takeaways:

  • The beginning: Mike’s gig of Special Assistant to The President of a $5B company
  • How Mike’s thinking of “is this all there is” pushed him back to school to get his MBA
  • Dove headfirst into real estate investing during the crash of 2008 

 Lean into what you can control 

  • The importance of learning transferable skills (in-demand skills are always changing)
  • How to take your skills and monetize them in a different way
  • How Mike’s coaching led him to start the Investor Fuel Mastermind 
  • Running a coaching business
  • Evolving your life to do more of what you want to do vs. what you have to do
  • The balance between focusing on a few things and spreading yourself too thin
  • How to empower your team to enable them to be part of the business conversation (This frees up your time for innovation) 
  • Passive investing vs. active investing 
  • Creating a business that allows you to live your life the way you want
  • The different revenue sources Mike has built around real estate investing 
  • The reasons Mike shut down his coaching business

 

I’d rather reallocate my resources to those businesses that bring me joy



Rapid Fire Round

What Are You Afraid Of? 

Looking back and feeling that he was insignificant, as he wants to make a difference in people's lives

 

An Absolute Truth that Turned Out Not to Be

That cheap is not always better; you have to think of some things as an investment, not an expense.

 

What I Wish I Knew When I Started in Business:

The power of collaboration and sharing ideas 

 

What I’m Excited About

The ability to impact people in a positive way

 

What is Your Legacy

Being proud of what he has built 

 

Get In Touch with Mike

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