In this episode Neel and David discuss the well-known abundance vs. scarcity dichotomy.

Both Neel and David came from immigrant backgrounds which had a certain amount of scarcity baked into their upbringing and have had to unlearn some of that programming.  David notes that one of the ways he knew he was embracing an abundance mindset was the willingness to invest in himself.

They also discuss:

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In this episode Neel and David talk about how to get started in acquiring a remote local business.

While it can feel intimidating to get into the world of "buying a business" the reality is that like anything else, it's a learning curve but isn't nearly as complicated as it looks like from the outside.  One of the things David, who has gone through 16 acquisitions at the time of this recording, stresses is the importance of the "investor" mindset when looking at businesses.

They also discuss:

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In this episode Neel and David give the BIG SECRET to taking your business to the next level.

That secret is...being less available to your team!

This helps:

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In this episode Neel and David discuss how to build your marketing strategy when you're just starting out.

David sets the stage for the discussion by pointing out that every business wants a consistent, profitable stream of customers without too high of an acquisition cost.  How do you do that?

Neel and David explain:

They also share some stories about what didn't work and what you can learn from that.

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In this episode Neel and David interview Giuseppe Grammatico, the Franchise Guide about all things franchise-related.

Giuseppe was once a corporate executive who hated his job and looked for an exit strategy in becoming a business owner.  He chose to hire a coach to help him choose a franchise and in the process decided that's exactly what he wanted to do.  He runs the Franchise Guide and has a book and podcast to help educate those who, just like he was years ago, want more control of their financial lives through owning a franchise.

Giuseppe also shares:

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In this episode Neel and David discuss how timezones affect your remote local business, whether you are traveling for business or pleasure.

David was running his business in Colorado for a few years before deciding to live in Israel for a year, and he was sometimes answering the phone in the middle of the night.  Neel wasn’t ever that crazy and brought on someone pretty early to help with calls and even when he did go away, it was to time-compatible Latin America.

They also discuss:

David also shares his recipe of being purposely less available to his team when he’s abroad to help them develop their autonomy and resilience.

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In this episode Neel and David discuss the impact of where you live in relation to your entrepreneurial growth.

Neel begins by stating his own preference for a larger city, where he will get access to more activities and a community that will push him to work harder.  He characterizes this as “big city energy.”

David’s own preferences are split: he enjoys being out in nature, near the mountains or the beach, but also enjoys the momentum and energy that can come from being in a bustling and busy environment.

As the discussion continues they found common ground around the idea of a community: wherever you choose to live for most of the year, the key is having access to a strong community.  That community can be digital or physical.

Neel and David also discuss:

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If you're looking to start a local business or expand in your current business, your local market and competition matter a lot. Trying to rank on Google in New York is going to be very different experience than trying to rank in Omaha, and the competition and rewards differ from market to market as well.

Neel pulls from his experience with analyzing franchise territories and David pulls from his acquisition experience to provide a play-by-play on how you can analyze any geographic market and see if its a good fit for your business.

In this episode, you'll learn:

In this episode, we have a super special guest - Rohan Gilkes, Founder of Launch27 and MaidsInBlack.

After 10 years working in corporate, Rohan got laid off from his banking job and starting a local cleaning company on a whim just to find some extra cash to afford his car payment. After scaling the business to over $20,000 in PROFIT per month within 8 months, Rohan decide to posted his story on a Reddit forum, which inspired thousands of people to start their own local business (including Neel). 

Rohan's fully-remote local business currently generates millions of dollars in annual revenue with less than 1 hour of work per month. In addition to the cleaning business, he also started and recently sold a software company he founded.

In this episode, we discuss:

You can find out more about Rohan here:

https://www.rohangilkes.com/

https://twitter.com/rohangilkes 

Have you ever wondered if a motivated entrepreneur can have zen-like calmness? In today's society, being very calm and highly driven seem to be at odds with each other. 

Today's episode is about dispelling that myth and discussing how mediation and spirituality can drastically improve your entrepreneurial journey and help you live a more meaningful live.

Neel & David discuss: