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Entrepreneurs are continually seeking new opportunities to expand their wealth. One standout strategy is to diversify investments, a powerful approach that minimizes risk and maximizes opportunities for growth. Jason Ehrlich of Fruition Capital sits down with A.J. to explore how you can create wealth through acquisition entrepreneurship and real estate but also demonstrate the key advantages of investment diversification.
About Jason Ehrlich:
Jason Ehrlich is an entrepreneur and passionate investor based in Atlanta who's also a pro at juggling family, business, and adventure. He spends his days managing two investment firms that he founded—one in the commercial multifamily space, the other in small business acquisitions.
Jason and his wife, Kelly, were digital nomads for two years, traveling all over the world way before remote work became cool. When he's not running his investment firms or spending quality time with Kelly and their two boys, you’ll find him on a learning journey, always open to the world of new opportunities. With his unique insights and experiences on the connection between entrepreneurship and investment diversification, Jason helps other entrepreneurs level up their financial game to eight figures and beyond.
Key Insights
Jason’s best advice for entrepreneurs:
“Growth comes from dedication, focus on a particular area of expertise. So that's where our fund kind of comes in and adds some value: we are investing with folks that have that singular laser focus on the thing that we're doing.” (17:29)
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Not many investment opportunities are as rewarding and powerful as real estate investing. However, it requires careful planning and an in-depth understanding of the real estate market. Today, Brandon Cobb of HBG Capital joins A.J. to discuss how real estate can help you generate passive income, ensure financial stability, and leave a legacy for generations to enjoy. They dive into the value of investing in middle Tennessee, the benefits of passive real estate investing, and when to consider jumping into this field as an entrepreneur.
About Brandon Cobb:
Brandon Cobb is the CEO of HBG Capital, assisting busy business owners to build a legacy, retire, and make an impact with real estate investments. He’s a strategic legacy consultant dedicated to providing passive investment opportunities for busy professionals who want to invest in real estate without the hassle of being a landlord.
Brandon worked as a medical device sales rep before becoming a fund manager & licensed GC in TN, managing 20 million+ of new development annually in first-time home buyer housing and build-to-rent communities. He was featured on the cover of REI Wealth magazine, Realty 411 Magazine, and has been quoted and published in Forbes magazine.
Key Insights:
Brandon’s best advice for entrepreneurs:
“If you want to grow a giant pumpkin, first identify the strongest pumpkin early on, cut off all those other pumpkins off the vine, so all of the nutrients goes to that pumpkin.’ And that's how you grow.” (05:32)
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Affiliate Disclaimer: Some links in this episode are affiliate links. If you make a purchase through these links, we may earn a commission at no extra cost to you. Rest assured, we only promote products/services we believe will benefit your entrepreneurial journey.
As we prepare and set goals for the upcoming year, reflecting on how far you’ve come and where you want to go next as an entrepreneur is important. Join our host, A.J. Lawrence, in this special episode as he shares his top 5 business learnings from the brilliant guests in 2023. Let’s set the tone for a successful 2024.
About A.J. Lawrence
A.J. Lawrence is the Founder and CEO of the award-winning JAR Group, a global growth strategy and management agency. You probably also know him as the host of Beyond 8 Figures. A.J. is a dedicated mentor, growth strategist, and angel investor. He calls himself a “journeyman entrepreneur” because he finds great joy in learning from accomplished experts and finding ways to apply these insights to his life and business.
Having led his award-winning digital marketing agency into the INC. 500 twice and having several 7-figure exits, he knows exactly what it takes to get where he is today. Apart from providing consulting services to his clients, he also gives back and shares his expertise with the community by hosting Beyond 8 Figures and welcoming other inspiring entrepreneurs to the show.
Craft your own entrepreneurial journey in 2024
With the new year just around the corner, ask yourself, ‘Where do I want to be this time next year?’ More precisely, ‘What kind of entrepreneur do I want to be?’
Before you write any resolutions and business goals this year, take the time to reflect on lessons, achievements, and failures from 2023. Identify the highs and lows, the opportunities you seized, and the challenges you successfully overcame. Acknowledge the overall progress you’ve made both personally and professionally. This is the perfect time of the year for introspection and past year reflection. Take some rest from hard work and give yourself a pat on the back. And then, it’s time to get to work!
2024 has the potential to be your best year so far, but it’s all up to you. Embrace the learnings from 2023 and stick with us at Beyond 8 Figures – we’re here to share insights, guide, and inspire you with every new episode.
Key Insights
A.J.’s best advice for entrepreneurs:
“A can-do attitude can weather any storm. [...] Just consistently work on the belief that you will succeed. That doesn't make it that you will succeed, but it will help when problems come up.” (02:24)
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‘New Year, new me.’ Why don’t we switch it up in terms of business and instead say, ‘New Year, new heights?’ With this as our main motto for the following year, we’re bringing you our special compilation episode. We’ve had so many incredible guests this year that it’s almost impossible to pick the best moments from 2023. So, we focused on highlighting the best business lessons that can help you set your goals and transform your business in 2024.
About the Guests
Key Insights
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Global expansion offers many business benefits, but it requires careful planning and a deliberate approach. Kanessa Muluneh of Mulu joins A.J. to discuss how she built a multimillion-dollar lifestyle brand and global influence spanning different industries and continents. She dives deep into her immigration journey, the challenges of unfamiliar territories, and overcoming cultural barriers.
About Kanessa Muluneh:
Kanessa Muluneh is the Founder of MULU, a multimillion-dollar plus-size clothing brand. She comes from Ethiopia but was raised in the Netherlands. From reshaping fashion with MULU to launching Europe's first Female American Football League, Kanessa uses her global influence to solve actual problems for her audience and make a true impact beyond business.
She started six businesses by age 32 but also built diverse streams of income and companies. She's not just an entrepreneur; Kanessa prefers to call herself a ‘problem solver.’ Shaped by her cultural background and motivated by impact, Kanessa brings a unique perspective to the table, fostering learning in underserved regions and inspiring a new generation of entrepreneurs worldwide.
Key Insights:
Kanessa’s best advice for entrepreneurs:
“Sometimes people are quick to just say, ‘Just work hard, work smart, whatever.’ It's not just that. It's really your support system or the people around you that can get you to where you are sometimes.” (19:55)Connect with Kanessa:
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What an exciting time to be alive. Using artificial intelligence for business has ushered us into a truly fascinating era of unprecedented productivity and efficiencies. Today, AI expert Kevin Surace of Appvance.ai joins A.J. to share his game-changing insights into AI capacities. He gives practical lessons about using automation to improve performance, choosing the right AI tools for your needs, and harnessing the power of AI to revolutionize your business.
About Kevin Surace:
Kevin Surace is a Chairman and CTO at Appvance, an AI expert, keynote speaker, and an award-winning CEO, CTO, and Innovator. He has been working in the Artificial Intelligence space since the 1990s and has much to say about AI's state, GPT models, and the impacts on your job and your life. He has been awarded almost 100 worldwide patents, including the core technology that would become Siri and other virtual assistants.
Futurist and Disruptive Innovation Keynote Speaker, Creator of the First Smartphone and Digital Assistant, and Innovator of the Decade. Kevin is a top innovation keynote speaker, CEO, and inventor of one of the world’s first smartphones. Kevin has been named Inc. Magazine’s Entrepreneur of the Year, CNBC’s Innovator of the Decade, and inducted into RIT’s Innovation Hall of Fame. While he has a deep technical background, he has been featured in over 15 TED and TEDx talks and is a high-energy, dynamic speaker and true entertainer who has energized hundreds of audiences to action.
Key Insights:
Kevin’s best advice for entrepreneurs:
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Business efficiency paves the way for sustainable growth and long-term success, so it’s important to prioritize it within the organization. This week, we have a special episode where A.J. reflects on the importance of simplicity in business and walks us through five tried-and-tested ways to improve business efficiency.
Key Insights:
A.J.’s best advice for entrepreneurs:
“Take the time to identify and eliminate unnecessary complexities. You can then create a more efficient, productive, and enjoyable environment for you and your team.” (05:29)
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As your business grows, chaos and confusion often sneak in, threatening to disrupt your business operations. The solution? Simplify your business. Mikael Dia from Funnelytics sits down with A.J. to discuss the importance of simplicity in business, how to position your business effectively for a successful scale-up, and how simplified processes can help you achieve sustainable growth for your business.
About Mikael Dia:
Mikael Dia is the Founder of Funnelytics, a software company dedicated to helping marketers and agencies visually map and analyze their customer journeys. He is an experienced and savvy growth advisor who helps companies turn strangers into customers.
Aside from being a digital marketing expert passionate about simplifying marketing, Mikael is also a dedicated serial entrepreneur. He has successfully launched and scaled multiple online businesses to 7-figure and beyond. He is passionate about public speaking and sharing knowledge to make a positive impact.
Key Insights:
Mikael’s best advice for entrepreneurs:
“Entrepreneurs are always trying to solve problems. We're always trying to iterate and make things better. [...] So for me, I think the one thing that I find is key is just that constant mindset of, can I keep this as simple as possible?” (43:59)
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Affiliate Disclaimer: Some links in this episode are affiliate links. If you make a purchase through these links, we may earn a commission at no extra cost to you. Rest assured, we only promote products/services we believe will benefit your entrepreneurial journey.
Overnight success and exponential growth may sound appealing, but incremental growth is the true key to long-lasting success. Eugene Ravitsky from FactoryPure joins A.J. to discuss the importance of incremental business improvements, how to deliberately and proactively build your infrastructure, and why consistent check-ins with your team are integral to your company’s longevity.
About Eugene Ravitsky:
Eugene Ravitsky is the Co-Founder and President of FactoryPure, one of the fastest-growing eCommerce companies in the United States specializing in heavy-duty items such as generators, air purifiers, and water filters. He’s the type of entrepreneur whose passion for business started early on, back when he was in fourth grade, selling fireball candy to his classmates.
Fast forward many years, he and his brother co-founded their first business together. Even though it wasn’t an instant success, it still turned out to be a defining moment for the brothers, who persevered and eventually discovered their niche. That’s how FactoryPure was born. The company has consistently grown since then, doubling sales every year and earning a spot on the INC 5000 list for five years now.
Key Insights:
Eugene’s best advice for entrepreneurs:
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Your personal mission is your greatest power. So, as an entrepreneur, it’s your responsibility to embrace it to drive customer value and improve the quality of their lives. Today, Renee Dua from Together by Renee sits down with A.J. to discuss how her personal experiences shaped her business venture, helping her build an innovative health tech product that’s now improving patients’ lives and outcomes.
About Renee Dua:
Renee Dua is the Founder of Together by Renee, an AI assistant that supports patients and their caregivers to achieve better health outcomes by helping them with healthcare tasks. She’s also the Founder and Advisor at Heal, another powerful software to improve health outcomes by providing in-home primary care.
Renee completed her BS in Biochemistry at UC San Diego, her MD at Rosalind Franklin University, her residency in internal medicine at UCLA, and her fellowship in nephrology at USC. Before founding Together by Renee and Heal with her husband, Nick Desai, she built a nephrology practice that was noted for the successful use of electronic health records and practice management.
Episode highlights:
Renee’s best advice for entrepreneurs:
“Everybody has this story. And hearing my patients, having the privilege of being able to still see patients, and then having our parents and me being their caregiver, that has been so instrumental in every aspect of what you see.” (22:23)
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