Wealth Formula Podcast

220: Crisis=Opportunity for Real Estate Entrepreneurs!


Listen Later

Entrepreneurs are just professional problem solvers who keep score by how much money they make. I know this because I am an entrepreneur at my very core. It's not a choice I made, it's the way I was born. Entrepreneurship is not usually glamorous as frequently depicted in the movies or on reality shows. Most of us have more failures than we have successes and the failures often create profoundly negative effects for the people around us. It can be a bit of a curse. But the high that an entrepreneur gets when identifying a problem and finding a solution is very strong. Being able to look at an inefficiency and realizing that it can be fixed by creating a business around it is exhilarating. And when is the best time to find inefficiencies in a business model?… When times are bad! You see, when times are good, profitable businesses usually leave way too much meat on the bone because they are already fat and happy. Few people look at ways of doing things better when they are already making a good profit. Only when the tide goes out do you discover who's been swimming naked. Profits get tight and businesses have to rely on becoming more efficient to survive. This is the perfect setting for the entrepreneurial mind who sees opportunity where others see crisis. My friend Jorge Newbery is the purest entrepreneur that I know. He is, of course, the founder of AHP Servicing and Debt Cleanse. He has been on Wealth Formula Podcast several times before. This week, we are going to talk about his latest business that stems from the embargo on foreclosures note holders are now facing in many states—specifically those who are trying to foreclose on vacant property. In usual Jorge style, it's an elegant solution where everyone wins. The good news is that there is an opportunity for you to participate and get your own feet wet as an entrepreneur. Don't miss this week's episode of Wealth Formula Podcast as Jorge and I discuss the business he calls Pre-REO.
...more
View all episodesView all episodes
Download on the App Store

Wealth Formula PodcastBy Buck Joffrey

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

402 ratings


More shows like Wealth Formula Podcast

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,720 Listeners

The Peter Schiff Show Podcast by Peter Schiff

The Peter Schiff Show Podcast

5,707 Listeners

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action by The Real Estate Guys

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

702 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,854 Listeners

Creating Wealth Real Estate Investing with Jason Hartman by Jason Hartman

Creating Wealth Real Estate Investing with Jason Hartman

540 Listeners

Get Rich Education by Real Estate Investing with Keith Weinhold

Get Rich Education

603 Listeners

Main Street Business by Mark J Kohler and Mat Sorensen

Main Street Business

601 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

963 Listeners

Real Wealth Show: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Wealth Show: Real Estate Investing Podcast

411 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

423 Listeners

The WealthAbility Show with Tom Wheelwright, CPA by The Rich Dad Media Network

The WealthAbility Show with Tom Wheelwright, CPA

513 Listeners

Real Estate News: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Estate News: Real Estate Investing Podcast

563 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

724 Listeners

Rebel Capitalist News by George Gammon

Rebel Capitalist News

1,030 Listeners

PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

PassivePockets: The Passive Real Estate Investing Show

135 Listeners