Own The Exit

Own The Exit

By Caleb Edwards and Aaron LeatherdaleBusinessEntrepreneurship
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Own The Exit episodes

  • This is Why Discipline is Holding You Back

    "When you think of 'discipline,' do you feel inspired or constrained?

    Often, discipline is perceived as a challenging and restrictive concept, more associated with sacrifice and duty than motivation. Today, host Caleb Edward invites us to reevaluate and transform our understanding of discipline. He introduces 'integrity' as a more uplifting and empowering term, one that is universally recognized for its positive connotations of honesty and strong moral principles.

    Caleb elaborates on how adopting integrity over discipline can revolutionize our approach to both personal and professional commitments. He advocates for actions that truly align with our values and desires, contrasting the short-term, goal-driven nature of discipline with the long-term, sustainable focus of integrity. 

    This episode challenges us to reconsider the role of discipline in our lives and adopt a mindset of integrity, paving the way for greater success and freedom in all aspects of life.

    [00:00 - 08:39] How Does Discipline Make You Feel?

    • Redefining discipline is crucial for achieving success and freedom in entrepreneurship, moving away from the traditional perception of discipline as restrictive and burdensome

    • The first psychological response to discipline is often negative, seen as a demanding task requiring significant personal sacrifice, and can evoke feelings of fear of failure

    • There is also a neutral perspective on discipline, viewing it as a practical tool without moral judgment, focusing on the balance between sacrifices made and the outcomes achieved

    • The positive response to discipline sees it as a pathway to improvement and success, with a belief that disciplined actions will lead to beneficial changes

    • [08:40 - 14:09] Beyond Discipline: The Power of Integrity

      • Caleb offers a game-changing mindset shift: replacing discipline with integrity

      • Integrity is associated with uprightness, ethical behavior, and following through on commitments, unlike discipline which often implies obligation or hardship

      • Universally, it has a more positive connotation, making it more appealing than discipline

      • Discipline focuses on outcomes while integrity focuses on personal growth and identity

      • Integrity makes you more trustworthy and respected in your relationships

      • Being known as a person of integrity helps build better business connections and trust

      • [14:10 - 16:41] The Key to Long-Term Success is Integrity

        • Unlike discipline, which is often short-term and goal-focused, integrity involves a deeper commitment to personal growth and character development which serves you in the long run

        • Success comes from habits rooted in integrity, not just goal-setting

        • Integrity leads to self-improvement, helping you become a better and more developed version of yourself



        • Key Quotes:


          "Imagine a world where discipline is not about placing restrictions on yourself, but it's actually about liberating you where it's not a chore, but it's a choice leading to empowerment, right?” - Caleb Edwards


          "Goals are built from a discipline mindset. Habits are built from an integrity mindset.” - Caleb Edwards


          “Show up and do the nitty gritty, dirty tasks that nobody else will do because you're a man of integrity, because you're a woman of integrity." - Caleb Edwards



          Resources Mentioned:


          Atomic Habits by James Clear

          Zig Ziglar




          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
        • How to Design a Business that Educate, Grow, and Give with Bryan Escudero

          Is it possible to run a successful company that prioritizes both profit and making a positive impact on the community?

          Step into Bryan Escudero's world as he talks about balancing long-term business success with a mission to serve others. He is the President of First Gen Foundations, and they are committed to helping first-gen investors build wealth in real estate. Their compass? A simple guide: educate, grow, give. It's all about making choices that don’t just make money but also positively impact the lives of their clients. He also discusses how important it is to set up processes in business and to have a partner you trust who can question your ideas and make sure you stick to your goals and values. 

          This is an insightful conversation about mixing business smarts with a heartfelt mission. Tune in now!

          [00:00 - 10:36] Building Legacy With A Noble Purpose

          • Bryan's parents, Colombian immigrants, instilled an unyielding work ethic, shaping Bryan's approach to life and work

          • His real estate business isn't solely profit-driven; it's rooted in their commitment to help others, especially first-gen investors

          • As Bryan rose through career positions and eventually became an entrepreneur, he recognized his potential to impact more lives

          • By focusing on doing what's right for the community, they know this might mean growing more slowly, but at least growing the right way

          • [10:37 - 20:01] Setting Up Systems for Service and Success

            • Bryan emphasizes the importance of processes in scaling his business and creating an exit strategy

            • Leveraging transferable skills is key, allowing Bryan to adapt his abilities from various roles to contribute effectively in different situations

            • They stay true to their core; even if there are tempting opportunities, they only go for the ones that match their mission of helping others

            • [20:02 - 23:46] Nurturing Strong Partnerships

              • It's vital to have people around who disagree and see things differently to avoid making everything about just one person or skill set

              • Pick individuals who'll say when something's a bad idea, deliberately—not accidentally—to ensure diverse feedback

              • Trust those who critique and don't take it personally; it's about making ideas better, not attacking you

              • [23:47 - 31:05] Wrapping Up!

                • Bryan distinguishes between "investing in real estate" and "being a real estate investor" 

                • He highlights that the former involves passive investments for most people, while the latter requires active involvement, significant time, and effort


                • Connect with Bryan through LinkedIn. Check out FirstGenFoundations.com and their Instagram.



                  Key Quotes:


                  "We can put ourselves in a position of power to help." - Bryan Escudero


                  "We certainly have accredited investors with us, but dealing with non-accredited investors, we know that we'll grow slower, we'll grow less, but we'll grow right.” - Bryan Escudero


                  “You need to have a sense of humility in who you are in the grand scheme of things." - Bryan Escudero



                  Resources Mentioned:


                  Rich Dad Poor Dad by Robert T. Kiyosaki

                  Traction by Gino Wickman



                  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!


                  32 min
                • How to Unlock Your Limitless Potential with Keaton Hoskins

                  Think you hit a dead end in your professional or personal life? Don't worry, it's all in your mind. 

                  In this powerful episode, we welcome Keaton Hoskins, serial entrepreneur and founder of Limitless Society, and he’s all about helping you see that you can do more than you think.

                  Keaton shares his motivating perspective on life, emphasizing the power of a limitless mindset,  getting rid of things that hold you back, and living life the way you want. He also dives deep into dealing with death and how it can provide profound clarity, helping you prioritize what truly matters.

                  He gives expert tips on effective delegation and time management to set you up for success in business and offers his approach to empowering his family through education rather than wealth.


                  Join us for a dose of inspiration and wisdom, encouraging you to embrace your boundless possibilities and build a meaningful legacy.


                  [00:00 - 06:43] A Mission to Make Millionaires

                  • Keaton Hoskins has built a reputation as a serial entrepreneur, having started over 35 successful businesses throughout his career

                  • He established Limitless Society, a groundbreaking community dedicated to helping individuals unlock their unlimited potential and has already made over 20 millionaires

                  • Money isn't everything and he believes becoming a better person is the real path to achieving incredible financial success

                  • [06:44 - 12:02] What It Means to Be Limitless

                    • Keaton discusses the reason why he established Limitless Society and the incredible success they achieved

                    • He has always been a rule-breaker, questioning why things are done the way they are

                    • Real entrepreneurs see every hurdle as an obstacle to jump over, not a dead end

                    • We're all born without limits and limiting beliefs are just beliefs given by others, not our own

                    • Breaking free of limiting beliefs will open endless possibilities

                    • [12:03 - 18:56] Life Lessons from Death

                      • Death is the greatest teacher and it can shift one's perspective on life

                      • Thinking about the death of those we love most will make us want to be better

                      • Success or failure is closely tied to our perception of the world

                      • We should be spending more time working on ourselves than our business

                      • [18:57 - 26:42] Building Wealth and Transferring Wisdom

                        • Delegation is a crucial element in managing multiple businesses effectively

                        • Many business owners get trapped in their businesses, and Keaton highlights the importance of not being tied to the daily operations

                        • He is focused on passing on education and knowledge to his children and teaching them how to achieve their goals rather than giving them financial comfort

                        • Progress makes life meaningful, and the greatest gift is the opportunity to keep growing and enjoy self-improvement

                        • [26:43 - 34:48] Wrapping Up!

                          • Put knowledge into action

                          • Utilize your time wisely and develop discipline in pursuing your goals


                          • Connect with Keaton through Instagram and the Limitless Society website.



                            Key Quotes:


                            "I want to make more people more money. And I want to help them actually figure out life, which life is not money. It does help, but it's not everything." - Keaton Hoskins


                            "Our life, it's all based around what we perceive it to be. It's our own perception. We fail or we succeed based on our own perception.” - Keaton Hoskins


                            “In comfort, we do not learn and we do not grow." - Keaton Hoskins



                            Resources Mentioned:


                            As a Man Thinketh by James Allen



                            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!

                            35 min
                          • How to Overcome Limiting Beliefs and Partner for Growth with William Hollis

                            What's the key to building with the end in mind? 


                            In today's conversation, William Hollis from 24 Capital Group sits down with us to discuss the transformative power of partnerships and mindset shifts. From doubting his ability to invest to raising millions for real estate investments, he underscores the significance of picking the right partners, aligning core values, and harnessing others' strengths to craft a business that’s tailored to your goals. Moreover, he reflected on how he shattered his limiting beliefs and gained the confidence to pursue a career in real estate.


                            Listen as Hollis reveals the secrets to effective networking and strategies to help you kickstart your investing journey.


                            [00:00 - 06:52] Out of the Box Way of Getting into Real Estate

                            • Hollis talks about his background, what sparked his interest in real estate, and how he overcame his limiting belief that he couldn’t buy a house

                            • Real estate has gotten more expensive, and you can leverage partnerships to take down deals


                            • [06:53 - 11:49] How to Effectively Select and Vet Partners

                              • When looking for partners, think about what you can offer them and what you can bring to the table

                              • Alignment of core values is essential when forming partnerships

                              • Creating connections with others, even outside the real estate industry, can potentially lead to future partnerships down the road

                              • Hollis breaks down his business card system and how he’s mastering the art of following up


                              • [12:24 - 15:16] Less Hustle, More Freedom 

                                • Partnering or hiring, seek those who complement your skills and excel where you may have weaknesses

                                • Hollis explains how he’s getting things done just by sitting on his armchair

                                • He’s actively shaping his business with a long-term goal of making it more and more passive


                                • [15:27 - 25:25] Mindset Matters

                                  • Learn to educate yourself through available resources

                                  • The more you know about something, the more confident you become

                                  • Start with something small and simple to move the needle and progressively move forward

                                  • The way we think affects the results at the end of the day


                                  • [25:26 - 32:08] Wrapping Up!

                                    • Don’t be afraid to fail and fail forward

                                    • Understand the amount of money you need to support the lifestyle you want


                                    • Connect with Hollis through @reihollis on Instagram. 



                                      Key Quotes:


                                      "The more you can bring to a relationship, the better quality of partners you'll find and the more help that you'll get from others." - Hollis


                                      "If you focus on your unique ability, you'll get a lot farther because you're doing something that you enjoy, right?" - Hollis


                                      “You can own a hundred percent of a hundred thousand dollars, or you can own 10 percent of a million dollars. It's the same amount of money, but one of them is going to be a heck of a lot more work." - Hollis



                                      Resources Mentioned:


                                      The 12 Week Year by Brian P. Moran and Michael Lennington



                                      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!


                                      33 min
                                    • How to Build a Freedom First Business with Jason Wright

                                      Do you think owning a business means you'll never have time for yourself? Think again!

                                      Joining us today to share his insights is Jason Wright, Founder of Intentionally Inspirational, a digital agency heavily focused on helping real estate investors with ActiveCampaign. Jason's story shows us that we can enjoy freedom while working on our business. By finding a niche and surrounding ourselves with a trustworthy team, we can work less and achieve more.

                                      Tune in to this episode with Jason and gain wisdom to help you redefine your approach to entrepreneurship and design a life that aligns with your dreams.


                                      [00:00 - 12:22] Do or Die Trying

                                      • Jason reflects on his journey, from exiting corporate America to becoming an entrepreneur

                                      • His motivation is to create multiple streams of income and to prove people wrong when they tell him he can't do something

                                      • Growing his business strained his marriage and left him broke, but it eventually got better

                                      • The big breakthrough for him is realizing that broke clients are a bad fit for his business

                                      • [12:23 - 21:30] Scaling Down to Scale Up

                                        • He built a small but solid team that can run the business even without him

                                        • His business values freedom not only for himself but for his employees as well

                                        • Niching down is key to scaling a business

                                        • When you master a niche, you can find another niche that no one is paying attention to and transfer your skills and knowledge to that area

                                        • [21:31 - 25:22] Creating Financial Freedom and Impact

                                          • Jason talks about what’s next for him and his company

                                          • He discusses how he is leveraging his success to help others

                                          • [25:23 - 33:37] Wrapping Up!

                                            • Look for ways to increase your income and diversify your wealth

                                            • Every dollar counts no matter how small because it builds up over time


                                            • Connect with Jason through IntentionallyInspirational.com.


                                              Key Quotes:


                                              "I really want to create financial freedom for my team. I want to impact the clients. It's not about me. It's all about them at this point." - Jason Wright


                                              “If everybody could have the opportunity, whatever their business is, to create their own niche and murder that niche at a high level, the experience is beyond your wildest dreams." - Jason Wright


                                              “Find another stream of income. It doesn't have to be big. Just get started somewhere and you'll see things that work for your life and your business.” - Jason Wright



                                              Resources Mentioned:

                                              Think and Grow Rich by Napoleon HiIll



                                              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!


                                              34 min
                                            • Finding Fulfillment in Your Entrepreneurial Journey

                                              How do you strike a balance between striving for future success and savoring the present? 


                                              In this episode, Caleb and Aaron share an honest conversation about how entrepreneurs can learn to appreciate the journey as much as the destination. Setting financial goals can be motivating, but they emphasize the importance of enjoying the process and living in the now. Building a business should be about more than just making money. It's about treasuring the experiences and the relationships it brings.


                                              Join us and take this moment to reflect on your own journey.


                                              [00:00 - 06:26] All You Have is Today

                                              • Entrepreneurs should learn to value the process and not forsake their present well-being and happiness

                                              • It doesn’t matter the number; freedom should not be bound to money

                                              • Goals are constantly shifting, and you shouldn’t be dwelling too much on the future that it robs you of your present

                                              • [06:27 - 12:58] The Ultimate Exit

                                                • Habits are better than goals to get what we want in life

                                                • Owning the exit means our business should be complementary to our lifestyle today

                                                • We need to balance our focus on achieving goals with enjoying relationships, especially with our loved ones

                                                • Master your relationship with money and make it work for you

                                                • [12:59 - 14:22] Wrapping Up!

                                                  • Don’t sacrifice today for the future; cherish your family, your relationships, and your health



                                                  • Key Quotes:


                                                    "If I say, when I get $10,000 a month of passive income then I'll be happy. I'm essentially saying I will be unhappy until I achieve that.” - Aaron Leatherdale


                                                    “We're still working for money. And so then our relationship with money has got to be that we're learning to master it rather than letting it master us because it's a cruel master.”  - Caleb Edwards


                                                    “Living with that core conviction, I'm beholden to no one or nothing. Then I can live a life of full freedom today, even if the bank account isn't exactly where I want it to be.” - 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!

                                                    15 min
                                                  • How to Trade Salary for Secure Wealth: Taking a Leap into Real Estate with Alex Olson

                                                    Tired of the 9-5 grind but terrified of taking a risk?


                                                    Today, Alex Olson share his story with Caleb and Aaron on how he went from having a day job to investing in real estate and eventually founding his own commercial brokerage company, XChange CRE. He talks about why he chose multifamily as an asset class and gives his insights on active and passive real estate investing. 


                                                    Listen to this episode to learn more about Alex’s journey from employee to entrepreneur and strategies for creating financial freedom and time freedom.


                                                    [00:00 - 07:56] The Entrepreneurial Spirit

                                                    • Alex breaks down his background, starting with side hustles

                                                    • He met a mentor who convinced him to go into real estate and considered multiple exit strategies when investing in Airbnb

                                                    • [07:55 - 13:24] Getting Out of The Rat Race and Into Entrepreneurship

                                                      • Due to the pandemic, he was fired and forced to finally do entrepreneurship full-time

                                                      • It’s a difficult decision to leave stability for risk when you have a family and financial commitments

                                                      • The goal of having a W2 job is to exit to the next thing; it’s a stepping stone

                                                      • [13:25 - 23:34] Combining Passion with Income in Real Estate

                                                        • Alex is passionate about real estate and providing a decent home for people to live

                                                        • There are many different asset classes, locations and ways to specialize in making revenue in real estate

                                                        • You treat money differently when you have a steady passive income and can be more open to taking measured risks

                                                        • It’s ideal to mix active investments with passive real estate investments

                                                        • [23:35 - 32:59] Wrapping Up!

                                                          • Find a job that fits the life you want to build and allows you to make as much money as you want

                                                          • You have time freedom when you can put your phone on silent and be in control of when you look at it


                                                          • Connect with Alex through LinkedIn and visit their website at https://xchangecre.com/. 



                                                            Key Quotes:


                                                            "It's easier to be forced to than to make that decision on your own." - Alex Olson


                                                            “Look at reasons to do deals. Don't look at reasons not to." - Alex Olson


                                                            “Find something that you're happy doing and that you can maximize your time that you're in there. If you don't enjoy doing it, you're not really ever going to be financially free because you're just unhappy.” - Alex Olson



                                                            Resources Mentioned:


                                                            Am I Being Too Subtle?: Straight Talk From a Business Rebel by Sam Zelle



                                                            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.

                                                            33 min
                                                          • How to Lead with Authenticity and Transparency with Glenn P. Brooks Jr.

                                                            How do you become an impactful leader and build a team that complements your strengths and weaknesses? In this episode, join Caleb and Aaron as they welcome a true authority in leadership development, emotional intelligence, team building, and client acquisition: Glenn P. Brooks Jr., the Compassionate Connector. With over 30 years of expertise, Glenn shares invaluable insights on the transformative power of authenticity and transparency in leadership, and how to create a winning working environment where people thrive and succeed.


                                                            Glenn also opens up about his journey, revealing his strategies for managing his ego, overcoming burnout and fears, and achieving time and financial freedom.


                                                            [00:00 - 07:10] Leadership is About Making Connections

                                                            • If you master the skill of communicating, you can get people to come with you on a journey

                                                            •  Fundamentally, people want to be seen and heard

                                                            • As a leader, you need to create a space where people feel that they matter


                                                            • [07:11 - 15:50] Authenticity and Transparency in Leadership

                                                              • It always starts on the inside, having self-awareness about who you are and why you do what you do

                                                              • If you’re authentic and transparent, people will support you and align themselves with you

                                                              • Break down the pedestal approach to leadership; your team needs to be able to relate and connect with you


                                                              • [15:51 - 26:26] Conquering Ego and Overcoming Fears

                                                                • Ego and fear hinder small business owners from relinquishing control

                                                                • Because they can’t delegate, they burnout

                                                                • The first step in building a great team is accepting your weaknesses and leveraging other people’s strengths

                                                                • With this, you can step away from your business and achieve freedom

                                                                • [26:27 - 37:27] Wrapping Up!

                                                                  • Starting from scratch doesn’t mean starting from zero; form strategic partnerships so you can show up and be successful

                                                                  • Establish boundaries to become laser-focused on your goals


                                                                  • Connect with Glenn at https://www.glennpbrooksjr.com/. Join him and an incredible line up of speakers at Bootstrapping Redefined in Atlanta on October 13-14, 2023. Learn more about the event here: https://www.bootstrappingbusinessandministry.com/?trk=public_post-text 



                                                                    Key Quotes:


                                                                    "When you get deep into the thing that you're doing, if you're working with a bunch of people who are not authentic to themselves, they'll fail the team every single time.” - Glenn P. Brooks Jr.


                                                                    “When you can really create environments where people feel like they're heard, they will run through brick walls for you. And the reason why is because they have made a connection. A lot of leaders fail to recognize that leadership is about making a connection.” - Glenn P. Brooks Jr.


                                                                    “My team is comprised of people who offset me on a regular basis by nature. We all share the same values. But we show up very differently. And I've stacked the deck on purpose so that I could win.” - Glenn P. Brooks Jr.


                                                                    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!

                                                                    38 min
                                                                  • The Pathway to Ultimate Freedom & Diverse Income Streams

                                                                    Are you ready to take control of your life and unlock the door to success? Today, Aaron and Caleb discuss the power of taking action and making hard, uncomfortable decisions to reach success. Find out how building an uninvolved passive income stream, creating multiple streams of unrelated passive income, and investing in assets can help entrepreneurs achieve ultimate freedom.


                                                                    Don’t miss out on this insightful conversation about how doing the difficult things others are unwilling to do can lead to true success!



                                                                    [00:00 - 04:35] Doing the Difficult Things to Create Your Ideal Life

                                                                    • Taking action on uncomfortable tasks is necessary to achieve the desired results

                                                                    • The life you're living is the life you created; do the difficult things

                                                                    • The significance of doing uncomfortable things


                                                                    [04:36 - 08:25] The Entrepreneur's Ultimate Freedom Formula

                                                                    • A resource for entrepreneurs to help achieve ultimate freedom

                                                                    • Build a hands-off business, implement new systems, and empower the right people

                                                                    • Uninvolved income is a form of passive income that is unrelated to one's business


                                                                    [08:26 - 12:18] Unlocking the Formula for Financial Independence

                                                                    • Building an uninvolved passive income stream can provide true diversification and scalability

                                                                    • The goal is to build a hands-off business, secure uninvolved income, and produce long-term gains

                                                                    • How you can determine your best path forward


                                                                    [12:19 - 13:53] Wrapping Up!

                                                                    • The importance of separating activities

                                                                    • Do what you want to do, not what you have to do



                                                                    • Key Quotes:


                                                                      “Do the things that are necessary so that your business can operate and run with or without you.” - Caleb Edwards 


                                                                      “I'm a big believer that the life you're living is the life you created.” - Aaron Leatherdale


                                                                      "The definition of insanity is doing the same things over and over again, thinking you'll get a different result." - Albert Einstein




                                                                      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
                                                                    • How To Elevate A Basement Business To Passive Income Success with Andrea Foley

                                                                      How did a basement business evolve into an empire generating 100% passive income?


                                                                      This episode features Andrea Foley, a successful businesswoman who has been an entrepreneur since she was 25. From starting her first business in her basement with a 2,500 credit card to leasing out her first space and buying commercial laundry equipment, Andrea has been able to grow her business into something that now generates a hundred percent passive income. During this conversation, Andrea shares her story, advice for entrepreneurs, and how delegating tasks has enabled her to move into real estate investing. She also provides insight on planning for growth, limiting lifestyle creep, and investing all extra income into passive investments for future wealth. 


                                                                      Tune in to hear Andrea's inspiring journey as an entrepreneur and gain valuable insight into how you can take your business to the next level!



                                                                      [00:00 - 08:46] Andrea Foley Conquers Business with Cloth Diaper Service & Retail Store

                                                                      • How Andrea started first business at age 25 with a $2,500 credit card

                                                                      Her journey opening a retail location and buying her commercial laundry equipment

                                                                      • A business of washing other people's cloth diapers

                                                                      How Andrea ended up having 120 customers and 6,000 diapers per week


                                                                      [08:47 - 16:49] From Working 80 Hours a Week with No Pay to Opening a Store

                                                                      • How one entrepreneur followed the signs and found success

                                                                      • Entrepreneurship comes with challenges, and lack of fear is key

                                                                      • Entrepreneurs are born with a personality trait of solving other people's problems

                                                                      • Why it took Andrea four years before she decided to pay herself


                                                                      [16:50 - 24:58] How to Achieve Time & Financial Freedom Through Systems & Real Estate

                                                                      • How Andrea decided to take real maternity leave when she had her third baby 

                                                                      • How to empower employees by stepping away and allowing them to make decisions

                                                                      Delegation can be a long process, as it is difficult to relinquish control for some people

                                                                      • Why Andrea needed someone else to take care of business and potentially mess it up


                                                                      [24:59 - 33:15] Andrea's Strategy for Success

                                                                      • How Profit First changed the way Andrea ran her business

                                                                      • 100% of Andrea’s income is passive

                                                                      • What holds Andrea back from pursuing more hotel conversions and growing franchise


                                                                      [33:16 - 35:28] Wrapping Up!

                                                                      • Cash flow and profit first mentality is vital to paying yourself while hustling

                                                                      • Two strategies for creating time and financial freedom



                                                                      Want to connect with Andrea? Follow her on LinkedIn. Visit Generational Wealth Capital to secure your legacy!



                                                                      Key Quotes:


                                                                      “If you don't plan for growth, then you'll be stuck in that cycle of I can never pay myself because I'm growing.” - Andrea Foley


                                                                      “Align yourself with really good people who have the same values as you do. They might have a completely different personality. But, if their integrity and values align with yours, you can move mountains.” - Andrea Foley


                                                                      "It is okay to pay yourself while you're also hustling." - Andrea Foley



                                                                      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!


                                                                      36 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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