Own The Exit

By Caleb Edwards and Aaron LeatherdaleBusiness Entrepreneurship

Own The Exit episodes

April 02, 2024I Taught My Kids to Manage Their Own Business
This conversation explores the topic of teaching kids about money and entrepreneurship. The hosts discuss the importance of exposing children to situations where they can experience disappointment and develop grit and determination. They also challenge the idea of teaching kids to make it on their own and instead emphasize the importance of creating an inheritance and teaching stewardship. The conversation covers various strategies for teaching kids about responsibility, generosity, planning for the future, and delayed gratification. The hosts also discuss the role of mindset in wealth stewardship and the importance of creating a safe place for kids to fail and learn. They highlight the value of controlled environments for developing grit and determination and the relationship between poverty mindset and wealth. The conversation concludes with a discussion on turning natural talents into marketable skills and teaching kids about business and income streams while balancing entrepreneurship and family values.

TAKEAWAYS
Expose kids to situations where they can experience disappointment and develop grit and determination.

Teach kids about responsibility, generosity, planning for the future, and delayed gratification.

Create a safe place for kids to fail and learn.

Turn natural talents into marketable skills and teach kids about business and income streams while balancing entrepreneurship and family values.

CHAPTERS
00:00 Teaching Kids to Deal with Disappointment
01:13 Introducing the Topic of Teaching Kids about Money
02:59 Teaching Basic Responsibility and Money Management
03:26 Teaching the Value of Generosity and Planning for the Future
04:49 Teaching Delayed Gratification
06:12 Teaching Kids to Delay Gratification
07:40 The Importance of Mindset in Stewarding Wealth
09:06 Creating a Safe Place for Kids to Fail and Learn
10:58 The Value of Controlled Environments for Developing Grit and Determination
12:09 The Relationship Between Poverty Mindset and Wealth
13:32 Turning Natural Talents into Marketable Skills
14:00 Teaching Kids about Business and Income Streams
15:52 Balancing Entrepreneurship and Family Values

WANT TO LEARN MORE?
Join us on ⁠LinkedIn⁠, dive into our enriching content on ⁠YouTube⁠, and explore ⁠our website⁠ to unravel how to secure your future through intelligent passive investments!
If you enjoyed the show, please LEAVE A 5-STAR REVIEW and SHARE this episode with someone who wants to build a stable future. Listen to all episodes on ⁠Spotify⁠, ⁠Apple Podcasts⁠, or any preferred podcast platform!
18 min
March 26, 2024From Cubicle Jockey to Entrepreneurial Maverick with Chad Zdenek
In this episode, Caleb and Aaron interview Chad Zdenek, a successful entrepreneur with a diverse background. Chad shares his journey through different chapters of his life, including working as a rocket scientist, starting and scaling a lighting business, and transitioning into real estate. He emphasizes the importance of joining mastermind groups and finding mentors early on in one's entrepreneurial journey. Chad also discusses the concept of freedom and the need to protect individual rights. He shares insights on balancing business and family life and offers strategic tips for creating time and financial freedom.

TAKEAWAYS
Don't be afraid to join mastermind groups and network with other entrepreneurs.

Find a mentor early on in your entrepreneurial journey to compress timeframes and gain valuable insights.

Focus on freedom as a whole, including financial, time, and personal freedom.

Invest in cash-producing assets to create financial freedom.

Balance business commitments with personal life by finding a support group and constantly adjusting priorities.

RESOURCES MENTIONED
Start With Why by Simon Sinek
Raising kids in Affluent Households Guide - Email Chad at [email protected]

CHAPTERS
00:00 Introduction and Missed Opportunities
02:33 Guest Introduction and Background
03:01 Three Chapters of Life
07:03 Lessons from Working as a Rocket Scientist
09:50 The Value of Formal Education
10:47 Joining Mastermind Groups and Finding Mentors
25:41 The Erosion of Freedom
27:02 Hosting TV Shows
29:18 Balancing Business and Family
32:34 Exit Round: Favorite Business Book
33:04 Exit Round: Percentage of Passive Income
34:03 Exit Round: Balancing Business and Personal Life
35:01 Exit Round: Advice to Younger Self
36:01 Exit Round: Strategy for Time and Financial Freedom
40:07 Conclusion and Contact Information

WANT TO LEARN MORE?
Join us on ⁠LinkedIn⁠, dive into our enriching content on ⁠YouTube⁠, and explore ⁠our website⁠ to unravel how to secure your future through intelligent passive investments!
If you enjoyed the show, please LEAVE A 5-STAR REVIEW and SHARE this episode with someone who wants to build a stable future. Listen to all episodes on ⁠Spotify⁠, ⁠Apple Podcasts⁠, or any preferred podcast platform!
42 min
March 19, 2024The Elusive 4th Quadrant of Wealth Creation for Entrepreneurs
In this episode, Caleb and Aaron discuss the importance of cultivating an investor mindset for business owners. They explore the four quadrants of wealth generation and highlight the significance of the investor quadrant. They emphasize the need for pragmatic solutions in decision-making and the importance of documenting and refining business systems. The episode concludes with a reminder to think like an investor and take action to achieve financial freedom.

TAKEAWAYS
Focus on pragmatic solutions and decision-making rather than dogmatic solutions.

Understand the four quadrants of wealth generation and the importance of the investor quadrant.

Document and refine business systems to improve efficiency and scalability.

Think like an investor and take action to achieve financial freedom.

RESOURCES MENTIONED
Rich Dad Poor Dad by Robert Kiyosaki

CHAPTERS
00:00 Cultivating an Investor Mindset
03:02 The Four Quadrants of Wealth Generation
05:23 The Importance of the Investor Quadrant
08:57 Pragmatic Solutions vs Dogmatic Solutions
14:34 Documenting and Refining Business Systems

WANT TO LEARN MORE?
Join us on ⁠LinkedIn⁠, dive into our enriching content on ⁠YouTube⁠, and explore ⁠our website⁠ to unravel how to secure your future through intelligent passive investments!
If you enjoyed the show, please LEAVE A 5-STAR REVIEW and SHARE this episode with someone who wants to build a stable future. Listen to all episodes on ⁠Spotify⁠, ⁠Apple Podcasts⁠, or any preferred podcast platform!
21 min
March 12, 2024Attracting and Empowering Top Level Employees with Gib Irons
In this conversation, Caleb Edwards interviews Gib Irons, a successful trial attorney and real estate investor. They discuss Gib's journey in entrepreneurship, from building a thriving law firm to venturing into real estate investing and starting a private equity firm. Gib shares insights on attracting and retaining high-quality talent, leveraging other people's skills, and creating a business that allows for time freedom. He emphasizes the importance of having a mentor and building a competent team to support the growth of a business. Overall, the conversation highlights the intersection of law, real estate, and entrepreneurship. In this conversation, Gib shares his journey from being an investor to becoming the CEO of his own private equity firm. He emphasizes the importance of starting as an investor and being responsible with one's own money before taking on the responsibility of managing other people's money. Gib also highlights the benefits of passive investing in real estate syndications and the importance of selecting the right operator. He discusses the significance of communication, transparency, and track record when vetting an operator. Gib's strategy for creating time and financial freedom includes passive investing and effective time management.

TAKEAWAYS
Building a successful business requires attracting and retaining high-quality talent.

Leveraging other people's skills and creating systems allows for time freedom and scalability.

Having a mentor who has already achieved what you're trying to do is invaluable

Venturing into real estate investing can provide additional income streams and an exit plan.

Surrounding yourself with talented individuals who are as good or better than you can lead to greater success.

Attracting talent involves offering support, infrastructure, and a percentage of earnings.

Start as an investor and be responsible with your own money before managing other people's money.

When vetting an operator, look for a proven track record, excellent communication skills, and transparency.

Confidence comes from small wins and being decisive in making decisions.

Create time and financial freedom through passive investing and effective time management.

RESOURCES MENTIONED
Rich Dad Poor Dad by Robert Kiyosaki

CHAPTERS
00:00 Introduction and Background
02:49 Building a Successful Law Firm
06:09 Creating Time Freedom in the Law Firm
08:58 Transitioning into Real Estate Investing
13:06 Attracting and Retaining High-Quality Talent
19:50 Transitioning into Private Equity
24:54 Vetting Apartment Investment Opportunities
32:09 Creating Time and Financial Freedom
39:59 Conclusion and Contact Information

WANT TO LEARN MORE?
Join us on ⁠LinkedIn⁠, dive into our enriching content on ⁠YouTube⁠, and explore ⁠our website⁠ to unravel how to secure your future through intelligent passive investments!
If you enjoyed the show, please LEAVE A 5-STAR REVIEW and SHARE this episode with someone who wants to build a stable future. Listen to all episodes on ⁠Spotify⁠, ⁠Apple Podcasts⁠, or any preferred podcast platform!
43 min
March 05, 2024Which Job Environment Promotes Success?
The conversation explores the topic of remote work versus office work and how business owners can navigate this decision. It emphasizes the importance of autonomy in a business and the benefits of empowering employees to work remotely. The downsides of exclusively remote work are discussed, including the challenges of developing a strong team culture and the potential for decreased productivity. The conversation also highlights the factors that contribute to the success of remote work, such as industry, team size, and individual preferences. The chapter concludes with a discussion on creating autonomy in a physical workplace and adopting a results-based work approach.

TAKEAWAYS
Building a business that prioritizes freedom and autonomy for both the owner and employees is important.

Remote work can be beneficial for deep work and individual focus, while collaboration and team dynamics are often better in an office setting.

The success of remote work depends on factors such as industry, team size, and individual preferences.

Exclusively remote work can have downsides, including challenges in developing a strong team culture and potential productivity issues.

Balancing remote work and collaboration is key, and a results-based work approach can be effective in certain situations.

CHAPTERS
00:00 The Importance of Autonomy in a Business
01:15 Remote Work vs. Office Work
02:14 Personal Preferences for Remote Work
03:38 Downfalls of Remote Work
05:07 Factors Influencing Remote Work Success
06:31 Creating Autonomy in a Physical Workplace
08:57 The Downsides of Exclusively Remote Work
09:56 Balancing Remote Work and Collaboration
10:24 Challenges of Trust and Control
11:15 Results-Based Work Approach

WANT TO LEARN MORE?
Join us on ⁠LinkedIn⁠, dive into our enriching content on ⁠YouTube⁠, and explore ⁠our website⁠ to unravel how to secure your future through intelligent passive investments!
If you enjoyed the show, please LEAVE A 5-STAR REVIEW and SHARE this episode with someone who wants to build a stable future. Listen to all episodes on ⁠Spotify⁠, ⁠Apple Podcasts⁠, or any preferred podcast platform!
14 min
February 27, 2024How to Get the Right Environment and Mindset as an Entrepreneur with Erik Allen
In this episode, Caleb Edwards and Aaron interview Erik Allen, a successful entrepreneur and podcast host. Erik shares his inspiring story of overcoming adversity and building a thriving business. The conversation focuses on the importance of discipline and routine in achieving success, as well as the role of podcasting in personal and professional growth. Erik emphasizes the value of resilience and the power of mindset in overcoming challenges. He also discusses the desire for public speaking and the importance of not quitting in the pursuit of success. The episode concludes with a discussion on strategies for creating time and financial freedom. In this conversation, Erik Allen shares his insights on time management and taking control of your time as an entrepreneur. He emphasizes the importance of using a calendar to structure your day and avoid distractions. Erik also highlights the value of planning and prioritizing tasks to maximize productivity. The conversation concludes with a recommendation to connect with Erik on Instagram for valuable content and growth opportunities.

TAKEAWAYS
Discipline and routine are key factors in achieving success as an entrepreneur.

Resilience and a positive mindset are crucial in overcoming challenges and building a thriving business.

Podcasting is a powerful tool for personal and professional growth, providing opportunities for collaboration, learning, and relationship-building.

Building residual and passive income is a long-term goal for many entrepreneurs, and it requires strategic planning and diversification.

Public speaking can be a valuable skill for entrepreneurs, allowing them to share their expertise and connect with a wider audience.

The advice to not quit and stay consistent is essential for success in entrepreneurship.

Creating time and financial freedom requires careful planning, goal-setting, and a focus on building passive income streams. Use a calendar to structure your day and avoid distractions.

Plan and prioritize tasks to maximize productivity.

Take control of your time as an entrepreneur.

Connect with Erik Allen on Instagram for valuable content and growth opportunities.

RESOURCES MENTIONED
The Power of One More by Ed Mylett
Chase the Lion by Mark Batterson
In a Pit With a Lion On a Snowy Day by Mark Batterson
Awaken The Giant Within by Anthony Robbins
The Perfect Day Formula by Craig Ballantyne

CHAPTERS
00:00 Introduction and Background
06:36 The Role of Discipline and Routine
13:13 Overcoming Challenges and Building Resilience
18:34 Discovering Entrepreneurship and the Power of Focus
25:17 The Value of Podcasting for Entrepreneurs
29:37 Building Residual and Passive Income
30:30 Desire for Public Speaking
31:50 Advice to Younger Self: Don't Quit
32:57 Creating Time and Financial Freedom
33:13 Time Management and Calendar
34:46 Taking Control of Your Time
35:37 Connect with Eric Allen on Instagram
36:13 Closing Thoughts

WANT TO LEARN MORE?
Join us on ⁠⁠⁠LinkedIn⁠⁠⁠, dive into our enriching content on ⁠⁠⁠YouTube⁠⁠⁠, and explore ⁠⁠⁠our website⁠⁠⁠ to unravel how to secure your future through intelligent passive investments!
If you enjoyed the show, please LEAVE A 5-STAR REVIEW and SHARE this episode with someone who wants to build a stable future. Listen to all episodes on ⁠⁠⁠Spotify⁠⁠⁠, ⁠⁠⁠Apple Podcasts⁠⁠⁠, or any preferred podcast platform!
39 min
February 20, 2024I Was Able to Dominate My Life by Following This Leadership Style
In this episode of Own the Exit, Caleb and Aaron discuss the importance of leadership in building a successful business. They explore different leadership styles, including authoritarian, authoritative, and empowering leadership. They emphasize the need for an empowering leadership style to build a business that doesn't require constant micromanagement. The conversation also touches on the importance of hiring the right people, letting go of control, and surrounding yourself with smart individuals who can add value to your business.

TAKEAWAYS
Leadership is crucial in building a successful business that allows for time and financial freedom.

An empowering leadership style, which involves setting clear boundaries and holding employees accountable, is essential for building a business that doesn't require constant micromanagement.

Hiring individuals with shared values, untapped potential, grit, and determination is more important than solely focusing on skills and experience.

Letting go of control and trusting your team to make decisions and take responsibility is necessary for the growth and success of your business.

Surrounding yourself with smart people who are smarter and better than you will lead to a business that sets you financially and time free.

CHAPTERS
00:00 Introduction and Podcast Update
01:26 Importance of Leadership in Building a Successful Business
02:25 Different Leadership Styles
07:08 Empowering Leadership and Building a Business that Doesn't Require You
11:30 Letting Go and Trusting Your Team
12:29 Enriching the Conversation and Sharing Decision-Making
14:22 Surrounding Yourself with Smart People
14:48 Conclusion

RESOURCES MENTIONED
Andy Elliot - Sales Coach

WANT TO LEARN MORE?
Join us on ⁠LinkedIn⁠, dive into our enriching content on ⁠YouTube⁠, and explore ⁠our website⁠ to unravel how to secure your future through intelligent passive investments!
If you enjoyed the show, please LEAVE A 5-STAR REVIEW and SHARE this episode with someone who wants to build a stable future. Listen to all episodes on ⁠Spotify⁠, ⁠Apple Podcasts⁠, or any preferred podcast platform!
17 min
February 13, 2024I Had No Idea Adding Value to People Would Make Me So Successful with Wayne Johnson
Wayne Johnson shares his journey of building multiple businesses, including an IT consulting practice, a direct sales business, and a real estate fund. He emphasizes the importance of designing your life and being intentional about creating time and financial freedom. Wayne also discusses the value of building a team and creating an environment of success for others. He highlights the power of adding value and building goodwill in business relationships. Wayne's advice for aspiring entrepreneurs is to stay committed, show grit, and live below your means while investing in assets.

TAKEAWAYS
Design your life and be intentional about creating time and financial freedom.

Build a team and create an environment of success for others.

Add value and build goodwill in business relationships.

Stay committed, show grit, and live below your means while investing in assets.

RESOURCES MENTIONED
The Leadership Bible by John Maxwell
The Richest Man in Babylon by George Clason

CHAPTERS
00:00 Introduction and Guest Introduction
01:23 Guest's Background and Journey
03:09 Starting an IT Consulting Practice
05:03 Building a Direct Sales Business
06:30 Developing a Real Estate Fund
07:24 Creating Financial Freedom
08:05 Pivoting from Tech Consulting to Entrepreneurship
12:18 Building and Leading a Team
14:16 Adding Value and Building Goodwill
18:49 Creating a Lifestyle by Design
19:40 Strategies for Time and Financial Freedom

WANT TO LEARN MORE?
Join us on ⁠⁠LinkedIn⁠⁠, dive into our enriching content on ⁠⁠YouTube⁠⁠, and explore ⁠⁠our website⁠⁠ to unravel how to secure your future through intelligent passive investments!
If you enjoyed the show, please LEAVE A 5-STAR REVIEW and SHARE this episode with someone who wants to build a stable future. Listen to all episodes on ⁠⁠Spotify⁠⁠, ⁠⁠Apple Podcasts⁠⁠, or any preferred podcast platform!
42 min
February 06, 2024Are You're Goals for the New Year Keeping You Stagnant?
In this episode, Caleb and Aaron discuss the difference between goals and habits. They emphasize the importance of habits in achieving success and highlight the need for discipline and integrity. They also explore the role of goals in providing direction and motivation. The episode concludes with a discussion on future plans for the podcast.

TAKEAWAYS
Goals alone are not enough to guarantee success; it is the daily habits that lead to long-term achievement.

Discipline and integrity are crucial in developing and maintaining effective habits.

Goals can serve as a guiding force, but it is the daily actions and habits that ultimately determine success.

Consistently focusing on the right habits and actions is key to building a sustainable and successful business.

CHAPTERS
00:00 Introduction and Setting Goals
03:00 The Importance of Habits
06:49 Building Daily Habits
09:27 The Role of Goals
11:22 Conclusion and Future Plans

RESOURCES MENTIONED
⁠Atomic Habits by James Clear⁠

WANT TO LEARN MORE?
Join us on ⁠LinkedIn⁠, dive into our enriching content on ⁠YouTube⁠, and explore ⁠our website⁠ to unravel how to secure your future through intelligent passive investments!
If you enjoyed the show, please LEAVE A 5-STAR REVIEW and SHARE this episode with someone who wants to build a stable future. Listen to all episodes on ⁠Spotify⁠, ⁠Apple Podcasts⁠, or any preferred podcast platform!
13 min
January 30, 2024 Balancing Visionary Leadership and Focusing On Your Strengths
This episode discusses missed opportunities by companies like Xerox and McDonald's due to a lack of long-term vision and visionary leadership. It emphasizes the importance of maintaining a visionary component while focusing on day-to-day operations. The conversation provokes the question of how entrepreneurs can stay open to new ideas and capitalize on changing markets. The key takeaway is to find a balance between visionary leadership and the successful execution of current business operations.

CHAPTERS
00:00 Xerox and McDonald's: Missed Opportunities
03:21 Maintaining a Long-Term Vision
07:47 The Importance of Visionary Leadership
12:34 Staying Open to New Ideas
15:24 Finding the Balance

KEY QUOTES
"When you fall into complacency you're growth potential becomes massively stunted" - Caleb Edwards

WANT TO LEARN MORE?
Join us on ⁠LinkedIn⁠, dive into our enriching content on ⁠YouTube⁠, and explore ⁠our website⁠ to unravel how to secure your future through intelligent passive investments!
If you enjoyed the show, please LEAVE A 5-STAR REVIEW and SHARE this episode with someone who wants to build a stable future. Listen to all episodes on ⁠Spotify⁠, ⁠Apple Podcasts⁠, or any preferred podcast platform!
18 min

About Own The Exit

From the publisher's feed

Own The Exit is your quintessential guide to entrepreneurial freedom. Every entrepreneur aspires to build a prosperous business while enjoying financial and time freedom, but the reality often falls short. This podcast is your lifeline to success, providing crucial insights on preparing your business for a winning exit.

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