Episode 29 - Our Three Main Businesses and How We Do Not Run Them
If you want to grow your business, you need to delegate some tasks to other people. Now, that might be hard, especially if you think you're the only one who can do things right. But believe it or not, some people are better at being an operator than you could ever be. The only question is, where do you find such people, and how do you know you can trust them?
In today's episode, Sam and Lucas talk about the three main wealth-producing businesses they co-own and how they have hired people to run the show. So, these companies, a real estate investing company, an education company, and a rental/property management company, are currently operated and managed by three people within the same circle as Sam and Lucas. One of the biggest challenges of relinquishing control of some parts of your business is knowing whether or not you can trust the person who will take the reins from you. So, if you want to know how to free up some of your time so you can focus on creating a bigger vision for your business, tune in and learn from Sam and Lucas.
“If you wanna grow companies and create multiple companies, you're gonna have to eventually let go of the rope. You're gonna have to let go of the power and control and let somebody else run it for you.”- Sam Primm
“Eventually, if you want your business to grow and have an amazing business, you're gonna have to let go of control of certain parts of the business.”- Lucas Walls
Resources
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WHAT’s IN THIS EPISODE?
- How Sam and Lucas structured their companies and how they hired the people who run them
- FasterHouse - 300 houses - Phil Blackwood
- FasterFreedom - 2 million followers, 800 students, 175M owned - Matt Sieb
- MWPG - 42M owned - Richard Frock
- Random Thought of the Day: X and Y in Algebra and not English
Meet the Founder of FasterFreedom
I founded FasterFreedom to teach people just like me to take ownership of their freedom. There is a reason why real estate creates 90% of millionaires in this country.
It's an incredible vehicle for leverage, cash flow, appreciation and the sheer practicality of it… Everyone (and I mean everyone) has the opportunity to benefit from Real Estate.
Real Estate can be overwhelming at times which is part of the reason why we don’t see more people taking advantage of the incredible wealth creating opportunities it provides.
I launched FasterFreedom to do just that… we provide the foundation and grooved path for individuals wanting to achieve freedom and financial independence through Real Estate Investing.
I pride myself in practicing what I preach, meaning all of my lessons and tips are constantly updated and based on the real investing that I do right now- so you only learn what works and not through theory or outdated practices!
Become a guest NOW!
Why be a guest on the podcast?
If you’re an experienced real estate mind who’s looking to further gain exposure and share your experience with the world, we’d love to have you on! We’ll collaborate on industry trends and topics you want to discuss and you’ll also get to link your social handles and any websites or pages you want to mention. If you’re interested, fill out the form above and our team will respond within 24 hours.
About our audience
The FasterFreedom Show podcast is an independent podcast that has gained over 350 5-star reviews. Our viewers are normally middle aged Americans that are looking for something more and see Real Estate Investing as a way to have more time, freedom and happiness. Special guests on the podcast usually see an increase in sales for their programs as well as the publicity on the podcast itself.