Storage Wins

EP353: Are You Ready for a Market Correction? Is It Time To Simplify Your Business & Cut the Fat?


Listen Later

Alex wants to help you set your business up for success before a market correction. The more complex your business is, the harder it's going to be to recover if the market takes a turn for the worse. Is your business as simplified as it possibly can be? A bigger team doesn't always mean a bigger revenue. It might be time to look at it and trim some of the fat.

Key Takeaways:

  • Alex just hosted his first mastermind retreat in Miami with his ASCEND family, and it was a huge success!!
  • How do you simplify your business? How do you accomplish more with less? And how do you lean out your business?
  • Has you business become more complex over time?
  • A bigger team doesn't always mean you'll have more revenue!
  • Does your team bring in 3-5x what their compensation is?
  • Alex knew there was a team member that wasn't generating the results he was looking for and he held onto that person longer than he should have.
  • Listen to your gut. It's usually right!
  • Alex shares an example about a tough deal he recently closed on.
  • Remember, you get paid to solve problems!
  • Enjoy this episode? Please make sure you're subscribed (and share it)!

Mentioned in This Episode:

Interested in joining the Hybrid Coaching & Mastermind Group Alex & Steve launched? Apply to Join ASCEND

Let's Connect on Instagram: @alexpardo25

Tweetables:

"We are heading into a period in the market where it's going to shift and you have to analyse your business and put yourself in a position to prosper."

"Is this business becoming more complex or is this as simplified as it can possibly be?"

"With every team member I have, are they bringing 3-5x what their compensation is?"

Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!

Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we'll send you a link to get instant access to the "5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)" video module training course.

Subscribe To The Flip Empire Show, and Leave a Rating & Review!

...more
View all episodesView all episodes
Download on the App Store

Storage WinsBy Alex Pardo

  • 5
  • 5
  • 5
  • 5
  • 5

5

321 ratings


More shows like Storage Wins

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,773 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

3,875 Listeners

Best Stocks Now with Bill Gunderson by Bill Gunderson

Best Stocks Now with Bill Gunderson

361 Listeners

REAL AF with Andy Frisella by Andy Frisella

REAL AF with Andy Frisella

32,716 Listeners

Joel Osteen Podcast by Joel Osteen, SiriusXM

Joel Osteen Podcast

24,671 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

14,028 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,447 Listeners

Bedros Keuilian Podcast Show by Bedros Keuilian

Bedros Keuilian Podcast Show

2,280 Listeners

One Rental At A Time by Michael Zuber

One Rental At A Time

144 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

720 Listeners

My First Million by Hubspot Media

My First Million

2,633 Listeners

Wealthy Way by Ryan Pineda

Wealthy Way

2,134 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

838 Listeners

Moneywise by Hampton

Moneywise

650 Listeners

The David Greene Show by David Greene

The David Greene Show

698 Listeners