Business
Today’s show is on how to scale your business using the cash flow quadrant. You’re probably going to realize immediately that as a self-employed real estate professional what you really have is a very demanding job. But, isn’t that what we were trying to escape? We were most likely looking for freedom. Understanding the cash flow quadrant will show you how to scale your business so that you become a true business owner. What does that mean for you? It means that you can take a month off (or longer) and your business will continue to make money in your absence. You essentially get to fire yourself from the day to day operations. Understanding this process will help you go from employee or self-employed to being a true business owner and the visionary of your business. My guest today is Joe Mendoza. Joe is from sunny San Diego. He’s an investor, a real estate broker, and he is a coach that has mentored and trained hundreds of people. He also knows how to use the cash flow quadrant to build and scale any business. Show Notes Here are some of the highlights of this show: Getting started at 17 years old; quickly realizing investing was more profitable than being a Realtor How the book Rich Dad Poor Dad played a huge part in his transformation and ultimately shifted how he thought about business The power of understanding the cash flow quadrant to scale your business The “SWOT” Formula, (Strengths, Weaknesses, Opportunities, Threats) and how to use this formula to your advantage Putting the SWOT formula into practice today The secret to scaling your business; outsourcing and building teams Building teams; the good, bad and the ugly and why you must get rid of bad team members quickly Creating systems so your business runs without you Joe’s biggest tip for succeeding in today’s market This is a power-packed show that has actionable tips you can put into practice today! Quote: Where there’s adversity, there’s opportunity – Joe Mendoza Books Mentioned in This Show Rich Dad Poor Dad by Robert Kiyosaki Think and Grow Rich by Napoleon Hill The 10X Rule by Grant Cardone Shift by Gary Keller Want More on the topic of How to Scale Your Business? Here’s another show for you to check out. Entrepreneurs… Is Your Employee Mindset Holding You Back? Be sure to stop by the Louisville Gal’s Real Estate Blog and pick up your freebies!