Business
Kent took a company from $800 million to $1.8 billion in 30 months, exited and then lost everything. Kent became depressed and stuck in a rut as he spent a couple years trying to reinvent himself. He finally got into real estate and only after some very intense events that showed Kent how short life was and how TIME was our most valuable asset we have, did he decide to become intentional about scaling and growing his business in the right way. What You Will Learn In Today's Podcast Interview Rock-bottom isn’t a final destination—bouncing back is hard work, but you can build something better if you take your wake-up call to heart. The difference between creating value and creating income. If you own a job or a business, what the difference is, and the dangers of becoming trapped in it. The ways data helps your bottom line and the power that comes from giving people what they want. Why micromanaging good employees will actually push them away. How common advice that keeps your aspirations low comes from dream-stealers who don’t know how to achieve their own goals—and what advice you should listen to instead. Don’t get conned into believing you have no control! Why you should scale your business to be sustainable without you at the helm. How to recognize the impact of your driving factors and assess if they’re working for you. Why you should hire people who challenge you and are smarter than you. How selling a company is like getting divorced from hundreds of people, all at once. If you pushed your ego aside, do you really need to be CEO? Could someone else do it? That roughly 35% of real estate transactions in a single family home are done with cash. Are You Growing The Value of Your Business Take The 2-Minute Assessment To Get Your Intentional Growth Score™ And 1-Page Vision Board. Podcast Summary If you don’t run into challenges, you’re not trying enough. Kent Clothier shares his incredible story that illuminates why down isn’t out and choosing to act with intention leads to greater success. Learn how to turn obstacles turn into opportunities from someone who lost everything. There is no such thing as can’t in the business world, so you have to be honest with yourself—why are you really content with your current status quo? How hard would you work to change it, if you knew what steps to take? Creating income is hard work but creating lasting long-term value and sustainable cash flow is harder. Right now, if you were to take a week off work, what would happen? If your blood pressure went up at the thought, you don’t own a business; you own a job. Is that really what you put all this hard work in for? How valuable do you think someone else is going to find your job, versus a company that doesn’t rely so heavily on its owner? Sometimes the obvious answers are the hardest to come to, as you heard all too clearly from Kent. Hire the right people to support you so that you aren’t taking the lead in every role—these people will be smart and challenging and you’re going to learn to love it as they help you achieve those goals that have always felt out of reach. The last thing you should believe is that you are not in control of your own destiny, or that of your business. As Kent has demonstrated repeatedly over the course of his career, there is success hidden wit