• 161: Michael Griffin - Flipping Homes, Creating Wealth, and Saying "NO"

  • Jul 13 2024
  • Duración: 56 m
  • Podcast

161: Michael Griffin - Flipping Homes, Creating Wealth, and Saying "NO"

  • Resumen

  • In this episode, Will, Eli, and Michael Griffin, a massively successful house flipper and owner of multiple businesses, share their journeys in real estate and entrepreneurship.

    They dive into the crucial role of planning for both personal and professional growth and explore the unique opportunities available to realtors. They discuss the challenges of managing a team, emphasizing the need for efficiency and smart decision-making. They highlight the mindset and work ethic necessary for success, while also underscoring the importance of family and fatherhood in shaping their views.

    Additionally, Will and Michael discuss the significance of building a business that's not dependent on constant transactions. They stress the value of surrounding yourself with the right people and mentors, and contributing positively to your network. The conversation also covers the importance of taking risks and developing infrastructure to scale a business. They touch on various topics including real estate, entrepreneurship, and the promising future of emerging industries like psychedelics.


    Chapters

    00:00

    Introduction and Setting the Context

    02:43

    The Opportunities and Ascension in Real Estate

    06:08

    The Importance of Getting Licensed and Taking Action

    08:04

    From Commercial Real Estate to Entrepreneurship

    10:43

    Choosing the Right Location for a Business

    17:36

    Overcoming the Perception of Average and Recognizing Personal Growth

    19:34

    Efficiency and Calculated Decision-Making in Business

    23:41

    The Impact of Fatherhood on Personal and Professional Growth

    27:10

    Building Residual Income through Long-Term Investments

    28:35

    Building a Business That Doesn't Rely on Transactions

    32:55

    Saying No and Identifying Opportunities

    35:18

    Exploring Emerging Industries

    36:40

    Taking Risks and Building Infrastructure

    41:08

    Surrounding Yourself with the Right People

    43:29

    Contributing Value to Your Circle

    44:26

    Tenacity and Work Ethic

    48:14

    Creating Freedom and Flexibility in Your Business

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