How To Run a Business AND a Family at the SAME TIME
In this episode, Carl discusses the journey of Heather Littleton, a business owner and property investor, who shares her experiences of starting a garage equipment business with her husband, James. They delve into the challenges of transitioning from a job-like setup to building a scalable business, emphasizing the importance of systems, processes, and the right team. Heather also reflects on her foray into property investment, including creative strategies like rent-to-rent and lease options, and the lessons learned along the way. The conversation highlights the significance of confidence, networking, and the value of business coaching in achieving entrepreneurial success. Tune in for insights on navigating the complexities of business and property investment, and the importance of adapting and growing in both fields.
Join Heather at PPN - https://progressivepropertynetwork.co.uk/heather-littleton/
KEY TAKEAWAYS
Transition from Job to Business : The journey from being a husband-and-wife team running a business to building a scalable enterprise involves recognizing the difference between a job and a business. A true business should be able to operate independently, allowing owners to take time off without disrupting operations.
Importance of Networking and Coaching : Engaging in networking and seeking business coaching can significantly impact growth. Building relationships and learning from experienced coaches can provide valuable insights and strategies that propel a business forward.
Financial Knowledge is Crucial : Understanding financial management, marketing, and sales is essential for entrepreneurs. These skills form the foundation for making informed decisions and driving business success.
Creative Property Acquisition Strategies : Exploring creative property acquisition methods, such as lease options and assisted sales, can provide opportunities for investment without the need for significant upfront capital. These strategies allow investors to solve problems for property owners while generating income.
BEST MOMENTS
"We started to realize that something had to change and we started to focus on building a business that actually runs without us."
"I think financial knowledge is very key, and actually my financial knowledge and understanding has been a massive part of our business growth."
HOST BIO
Meet Carl Mannion, the warts-and-all host of the "Lazy Wealth Creation Podcast." From a council estate to self-made millionaire, Carl's journey is both humorous and inspiring. Despite describing himself early on as "autistic, poor, and hungry," he now proudly identifies as "autistic, doing-well, dadbod."
Through candid interviews, Carl shares the highs and lows of his journey, offering invaluable insights into overcoming adversity and seizing opportunities in the world of wealth creation. Despite facing challenges like a marriage breakdown and single parenthood, Carl persevered, achieving millionaire status in his 40s.
Join Carl on the "Lazy Wealth Creation Podcast" for practical advice and entrepreneurial wisdom. Whether you're starting from scratch or aiming for greater heights, Carl's relatable story and guidance will inspire you on your journey to financial freedom.
This Podcast has been brought to you by Disruptive Media .https://disruptivemedia.co.uk/
UK