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BiggerPockets Business Podcast

BiggerPockets

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329
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BiggerPockets Business Podcast

BiggerPockets Business Podcast

BiggerPockets

52
Followers
329
Plays
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About Us

Welcome to a real-world MBA, where entrepreneurs guide you through what it really takes to start, scale, and sell your own business.

Your hosts: J and Carol Scott, who left careers in corporate management to launch their own house-flipping business. Every Tuesday, you'll meet a new guest and learn actionable tips for hiring, firing, marketing, raising capital and more.

So whether you're looking to boost profits or bring a new idea to life, you'll come away informed and inspired. Tune in, and learn how to treat your business like a business!

Latest Episodes

BiggerPockets Business Podcast 67: Thinking BIG and Raising $70 Million with Jay Reno

Have you ever thought about starting a BIG business?Ever wondered what the first steps were to raising tens of millions of dollars?Do you unintentionally impose limitations on what you think you can accomplish? Have you ever thought, “If I just had more money, I could take my idea to the next level!”? If so, this episode is for you! Jay Reno, founder of Feather, has thought BIG from the start. His entrepreneurial journey began with an idea a bit ahead of its time. When that venture didn’t work out so well, he took the lessons he learned to bootstrap a whole new concept. Living in New York City and identifying with the trend of a new generation of people defining success through life experiences rather than being tied down to meaningless material possessions, Jay recognized an opportunity to put his degree in Climate & Environmental Sciences to work. With just a few thousand dollars and a ton of hard work and diligence, Jay quickly achieved proof of concept for Feather, a furniture rental company providing a flexible and sustainable alternative to ownership. In this episode, Jay tells us about his amazing experience at Y Combinator, an incubator program where other leading companies like DoorDash, AirBNB, and Dropbox also got their start. He offers insight on the pros and cons of raising money vs. bootstrapping your way to success. (Yes, there actually IS heartache involved, even when investors have pumped 70 MILLION DOLLARS into your company.) And he provides awesome examples of taking risks, making bets, and positioning yourself to be lucky when the time is right. Make sure you pay attention to Jay’s reminders about the common excuses potential entrepreneurs make that hold them back, to make sure you overcome and avoid standing in your own way of greatness. Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show! Check the full show notes here: http://biggerpockets.com/bizshow67

59 MIN3 d ago
Comments
BiggerPockets Business Podcast 67: Thinking BIG and Raising $70 Million with Jay Reno

Leveraging COVID and Other Timely Trends to Build Wealth With John Berlingieri

Are you looking for some motivation on how to make money during this pandemic? If so, this episode is for you! John Berlingieri -- serial entrepreneur and creator of The Sanitizing Station -- tells us about how he was able to go from idea to getting sales in two months on a $20,000 product aimed at helping to protect people from Covid infection.And how he was able to overcome all the complexities of doing so during the pandemic, while supply chains were shut down and in-person workers were scarce. In this episode, John provides tons of great tips on everything from naming your business and products to getting publicity for your business to “faking it until you make it” when working on BIG ideas.John also discusses how to design, prototype and build FAST when getting to market quickly is the one of the most important aspects of success. Make sure you listen for John’s amazing tip on what you should be reading to find lucrative business ideas, to keep up on business trends and to ensure that you beat your competition to market. Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show! In This Episode We Cover:How John started a manufacturing company at age 21Adapting and finding opportunities right awayHow he works with local companies and gives discounts to get salesHow he hires multiple virtual assistants for fast deploymentWhy he reads lots of newsHow he markets his productsFrom idea to a working product in less than two monthsHow they got their first customerCost for manufacturing machinesHow they crafted the name of the companyHow he pivoted and made quick decisionsHow he obtained publicityAnd SO much more!Links from the ShowBiggerPocketsE-bayEntrepreneurs' OrganizationAmazonFiverrUpworkAljazeeraNews12CBSABCUnivisionDrudge ReportRTBBCReutersCNNFoxCheck the full show notes here: http://biggerpockets.com/bizshow66

70 MIN1 w ago
Comments
Leveraging COVID and Other Timely Trends to Build Wealth With John Berlingieri

From 14-Year-Old Entrepreneur to National Brand With Sean Pour

Do you think you’re too inexperienced to start a business? Do you think you don’t have the required education to be an entrepreneur? Do you think you don’t have the marketing chops to create a successful venture? Do you think you don’t have enough money to launch a million-dollar idea? If so, this is the episode for you… Sean Pour—founder of SellMax.com, a national used-car buying service—tells us about how he started his business at 14 years old, in attempt to help his parents keep their business afloat. What started out as an effort to help his family has, over the past 10 years, turned into a big business. Sean buys and sells thousands of cars per month all across the United States. In this episode, Sean talks about getting started even before he had a high school education, how he taught himself the coding and marketing skills necessary to get the business off the ground, and how he was able to bootstrap the company without any capital. He also discusses how to build your network and find a great mentor without spending any money... and even potentially MAKING money in the process! Listen for Sean’s amazing explanation about why too much education can actually hamper your likelihood for massive success and why those without a formal education often achieve much more. Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show! In This Episode We Cover:How Sean started a business in uncertain timesHow he learned a lot more from running a business than from schoolSean's focus on affordability and starting on a budgetHow he started this business at 14 years oldHis #1 pieces of advice for those starting a business at a young ageHow their business model achieves a 10-20% profit marginWhy he thinks marketing is the most important thing to a businessAnd SO much more!Links from the ShowBiggerPocketsWordpressCarvanaShiftCarMaxUpworkLink to the full show notes here: http://biggerpockets.com/bizshow65

50 MIN2 w ago
Comments
From 14-Year-Old Entrepreneur to National Brand With Sean Pour

Building Your Brand and Getting to the Front of the Room with Erik Cabral

Do you long for the day you can leave your full-time job working for someone else? Ever think to yourself, “What if I take all this time and energy to build something for myself?!” Or are you exhausted just thinking about building a brand from scratch, starting at the bottom of the ladder and working your way up all over again? If so, this is the episode for you… Erik Cabral -- founder of creative agency On Air Brands and the entrepreneur experience PodMAX -- tells us all about his “a-ha moment” that led him to leave a stable, high-paying corporate career to begin his entrepreneurial adventure. He walks us through the early days reaching out to literally everyone he knew to get invited to networking events; and his journey to “the front of the room” as an influencer and revered expert in brand building. By adding value helping like-minded people build their own unique brands, he now has global reach working with clients to enhance their marketing, online presence, podcasts, a...

64 MIN3 w ago
Comments
Building Your Brand and Getting to the Front of the Room with Erik Cabral

Full-Time Firefighting While Building a Million-Dollar Business With Lance Korhorn

Do you feel like you don’t have the knowledge and experience to start your own business? Perhaps you're looking for a way to leverage your full-time job to find the right business opportunity? Or maybe you’re looking for ideas on how to create a grassroots marketing and branding effort without a lot of out-of-pocket costs? If so, this is the episode for you… Lance Korhorn—full-time firefighter and entrepreneur—walks us through how he was able to start Ladder 34, a business focused on recycling old fire hoses that were destined for the dump. Not only was he able to save tons of waste from the landfill, but he has recycled that “trash” into financial and philanthropic treasure. In this episode, Lance talks about how every fire hose is a story and how he has been able to build a business around preserving those stories—turning old hoses into belts, wallets, mats, and other items that delight customers and carry on the legacy of the lifesaving equipment. And not only is this a business supporting Lance and his family, but it's also supporting firehouses and firefighters around the country who are putting their lives on the line every day. Lance tells us how he came up with the idea for the business, how he struggled to create his first prototypes, and how he’s had to learn how to start, build, and grow a business every step of the way through trial and error. Make sure you listen to the end, where Lance reveals the power of storytelling, and how it’s helped grow Ladder $34 million-dollar business. Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show! In This Episode We Cover:How he built a store with a simple step-by-step processHow he threw out products just to see how they're receivedHow he built his team and started outsourcing advertisingHow he gets 80-90% profit on many productsHow to work with family membersHow they financed their businessHow he segments his timeAnd SO much more!Links from the ShowBiggerPocketsShopifyCheck the full show notes here: http://biggerpockets.com/bizshow63

47 MINJUL 7
Comments
Full-Time Firefighting While Building a Million-Dollar Business With Lance Korhorn

Building a Massively Profitable Business Around Your Passions With Alex French

Are you looking to build a business around something you love and are passionate about? Do you want to ensure that the business you’re working on has massive profit potential? Are you concerned that you don’t know how to do both of these things simultaneously? Today’s guest tells us how he was able to blend his passion with massive profits... and how we can, as well! Alex French—co-founder of Bizzy Coffee, the most popular cold-brew coffee brand sold through Amazon and retailers—knows firsthand how important it is to do something you love while also ensuring that there is market demand for your business. On this episode, he teaches us how we can identify which of our passions can be scaled into a profitable enterprise and how to validate our ideas quickly and inexpensively using Google. Alex also tells us how we can use influencers to get feedback on our business ideas and how they can spread the word to potential customers, too. Finally, he walks us through the basics of selling on Amazon, including how to use the platform to dominate in your product category. Make sure you listen for Alex’s powerful tip—one that cost his investors over $1M to learn—on what to do when you find your business veering off-course. Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show! In This Episode We Cover:How he used Google Trends to find a great product ideaHow he does market researchWhat led to choosing cold brew coffeeHow he tests his ideas very inexpensively and very quicklyHow he got big influencers to promote his brand new productDevelop their product step by stepHow a rejection led him to selling on AmazonLearn about where they are now and what's next for their companyAnd SO much more!Links from the ShowBiggerPocketsGoogle AdwordsSmart Passive Income PodcastEntrepreneur on Fire PodcastIndiegogoCheck the full show notes here: http://biggerpockets.com/bizshow62

71 MINJUN 30
Comments
Building a Massively Profitable Business Around Your Passions With Alex French

Launching a Hands-Off 'Cash Cow' Business With Less Than $100K, Step by Step With Ashley Kehr

Have you ever thought about creating a brick-and-mortar retail operation from scratch? Ever wonder what hoops you have to jump through to get a liquor license and launch a business selling alcohol? Ever wonder how to do consumer research before opening a local store? Ashley Kehr—real estate investor, entrepreneur, and co-host of BiggerPockets' Real Estate Rookie Podcast—is in the process of building and launching a local liquor store, and she shares with us her step-by-step plan. In this episode, Ashley tells us how she found and hired an expert consultant, how she applied for and got a state liquor license, and how she was able to purchase the real estate and design it for her business. And she did it with a whole lot less cash than you might expect! Ashley provides a ton of great tips for any budding entrepreneurs looking to take that next step toward creating their own business. She talks about the value of networking, asking the right people the right questions, and the bigges...

62 MINJUN 23
Comments
Launching a Hands-Off 'Cash Cow' Business With Less Than $100K, Step by Step With Ashley Kehr

Turning Your Passion Into a Scalable Business With Tammeca Rochester

On today's show, learn how to identify a personal passion and/or need, combine it with your professional skillset, and launch a business that energizes you and your community. Tammeca Rochester sits down with J and Carol to reveal the story behind Harlem's first and only indoor cycling studio, Harlem Cycle. From the genesis of her idea, to hiring contractors and renting space, to her pricing strategy focused on "packages and commitments," Tammeca shares a ton of great tips for anyone looking to bootstrap any type of business today. Download this one, and be sure to subscribe to the BiggerPockets Business Podcast so you won't miss us next week! In This Episode We Cover:Tammeca's concise "elevator pitch" for her businessLaunching a side business as a parent with a full-time jobWriting down her business plan right at the startNegotiating a commercial leaseWorking with designers to shape the look and feel of her studioPutting the consumer's desires front and center from the beginningGetting rejected for a business loanWhy free giveaways don't convert into paying customersConnecting entrepreneurship with family ("It's OK to bring your kids to work!")And SO much more!Links from the ShowBiggerPocketsSoulCycleFlywheel SportsCheck the full show notes here: http://biggerpockets.com/bizshow60

57 MINJUN 16
Comments
Turning Your Passion Into a Scalable Business With Tammeca Rochester

A Sweet Deal: Buying a Chocolate Company With No Money Out of Pocket With Ryan Novak

Have you ever thought about taking over an existing business? Would you like to purchase a business with no money out of your pocket? Have you ever considered what it would take to expand a local business nationally? All these questions—and more—are answered on this week’s podcast. Ryan Novak, owner of ChocolatePizza.com, graduated college and then went back to buy the small, local chocolate shop that he had worked in since he was 14 years old. He negotiated a no-money-down deal that left him as the sole owner of the shop—and an opportunity to grow the brand nationally. Using the power of the internet, Ryan has grown ChocolatePizza.com to a seven-figure company, shipping chocolate treats and gifts all around the United States. And at the same time, he has grown that local shop into a successful business in and of itself. On this episode, Ryan talks about how he acquired Chocolate Pizza, how he used what he learned in business school to grow and expand with over a dozen employees, and how he is now using the circumstances of the coronavirus pandemic to extend his brand even further. He tells us how he’s evolved his product offering to surprise and delight his customers and get people talking about the company to expand his reach. In addition, Ryan tells us how he’s giving back to his community. And specifically how he is using a local mentorship program he’s created to build a win/win for his business—hiring local high-school students to train them in business, while at the same time getting the benefit of low-cost employees, who are excited to learn and work. Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show! In This Episode We Cover:The unique real estate strategy of lending and pitching to developersHow the recession helped him become an entrepreneurHow he developed a plan for a hotel restorationHow he focused on building a franchise prototypeHow he coined the company's core valuesHow he communicates the core values during the hiring processHow he created a syndication that is more than just about real estateAnd SO much more!Links from the ShowBiggerPocketsHallmarkCMTCNBCHow The Young Founder Of Chocolate Pizza Factory Shares Success Secrets And Supports YouthCheck the full show notes here: http://biggerpockets.com/bizshow59

49 MINJUN 9
Comments
A Sweet Deal: Buying a Chocolate Company With No Money Out of Pocket With Ryan Novak

Elevating Your Business & Investments in 3 Words With Josh McCallen

What differentiates good businesses from great businesses? What is that thing that keeps your customers coming back time after time? How do you ensure that your product or service really stands out from your competitors? More times than not, it’s providing an amazing customer experience. In fact, today’s guest has built his eight-figure business on this principle alone. And he tells us how we can do the same in our business. Josh McCallen—entrepreneur, investor, and business owner—has built his reputation as a luxury resort developer. Over the past decade, he and his investment team have bought, renovated, and turned around several high-end resorts. His key to success is always the same: implementing a customer experience that is second to none. On this episode, Josh tells us how he got started in both business and real estate, as well as when he first recognized the value—and necessity—of defining a world-class experience brand for his resorts. He also shares the three core values that rule over the experience he creates, how he implements those values in his business, and how you can do the same in yours. And make sure you listen through the "Four More" segment at the end to learn about the biggest mistake Josh made (and many people make) when buying a business and how it led him to failure in his first business purchase. Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show! In This Episode We Cover:His unique real estate strategy of lending and pitching to developersHow the recession helped him become an entrepreneurHow he developed a plan for a hotel restorationHow he focused on building a franchise prototypeHow he coined the company's core valuesHow he communicates their core values during the hiring processHow he created a syndication that is more than just about real estateAnd SO much more!Links from the ShowBiggerPocketsHow to Approach Real Estate Investing Like a Business, With BiggerPockets Contributor J ScottCheck the full show notes here: http://biggerpockets.com/bizshow58

73 MINJUN 2
Comments
Elevating Your Business & Investments in 3 Words With Josh McCallen

Latest Episodes

BiggerPockets Business Podcast 67: Thinking BIG and Raising $70 Million with Jay Reno

Have you ever thought about starting a BIG business?Ever wondered what the first steps were to raising tens of millions of dollars?Do you unintentionally impose limitations on what you think you can accomplish? Have you ever thought, “If I just had more money, I could take my idea to the next level!”? If so, this episode is for you! Jay Reno, founder of Feather, has thought BIG from the start. His entrepreneurial journey began with an idea a bit ahead of its time. When that venture didn’t work out so well, he took the lessons he learned to bootstrap a whole new concept. Living in New York City and identifying with the trend of a new generation of people defining success through life experiences rather than being tied down to meaningless material possessions, Jay recognized an opportunity to put his degree in Climate & Environmental Sciences to work. With just a few thousand dollars and a ton of hard work and diligence, Jay quickly achieved proof of concept for Feather, a furniture rental company providing a flexible and sustainable alternative to ownership. In this episode, Jay tells us about his amazing experience at Y Combinator, an incubator program where other leading companies like DoorDash, AirBNB, and Dropbox also got their start. He offers insight on the pros and cons of raising money vs. bootstrapping your way to success. (Yes, there actually IS heartache involved, even when investors have pumped 70 MILLION DOLLARS into your company.) And he provides awesome examples of taking risks, making bets, and positioning yourself to be lucky when the time is right. Make sure you pay attention to Jay’s reminders about the common excuses potential entrepreneurs make that hold them back, to make sure you overcome and avoid standing in your own way of greatness. Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show! Check the full show notes here: http://biggerpockets.com/bizshow67

59 MIN3 d ago
Comments
BiggerPockets Business Podcast 67: Thinking BIG and Raising $70 Million with Jay Reno

Leveraging COVID and Other Timely Trends to Build Wealth With John Berlingieri

Are you looking for some motivation on how to make money during this pandemic? If so, this episode is for you! John Berlingieri -- serial entrepreneur and creator of The Sanitizing Station -- tells us about how he was able to go from idea to getting sales in two months on a $20,000 product aimed at helping to protect people from Covid infection.And how he was able to overcome all the complexities of doing so during the pandemic, while supply chains were shut down and in-person workers were scarce. In this episode, John provides tons of great tips on everything from naming your business and products to getting publicity for your business to “faking it until you make it” when working on BIG ideas.John also discusses how to design, prototype and build FAST when getting to market quickly is the one of the most important aspects of success. Make sure you listen for John’s amazing tip on what you should be reading to find lucrative business ideas, to keep up on business trends and to ensure that you beat your competition to market. Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show! In This Episode We Cover:How John started a manufacturing company at age 21Adapting and finding opportunities right awayHow he works with local companies and gives discounts to get salesHow he hires multiple virtual assistants for fast deploymentWhy he reads lots of newsHow he markets his productsFrom idea to a working product in less than two monthsHow they got their first customerCost for manufacturing machinesHow they crafted the name of the companyHow he pivoted and made quick decisionsHow he obtained publicityAnd SO much more!Links from the ShowBiggerPocketsE-bayEntrepreneurs' OrganizationAmazonFiverrUpworkAljazeeraNews12CBSABCUnivisionDrudge ReportRTBBCReutersCNNFoxCheck the full show notes here: http://biggerpockets.com/bizshow66

70 MIN1 w ago
Comments
Leveraging COVID and Other Timely Trends to Build Wealth With John Berlingieri

From 14-Year-Old Entrepreneur to National Brand With Sean Pour

Do you think you’re too inexperienced to start a business? Do you think you don’t have the required education to be an entrepreneur? Do you think you don’t have the marketing chops to create a successful venture? Do you think you don’t have enough money to launch a million-dollar idea? If so, this is the episode for you… Sean Pour—founder of SellMax.com, a national used-car buying service—tells us about how he started his business at 14 years old, in attempt to help his parents keep their business afloat. What started out as an effort to help his family has, over the past 10 years, turned into a big business. Sean buys and sells thousands of cars per month all across the United States. In this episode, Sean talks about getting started even before he had a high school education, how he taught himself the coding and marketing skills necessary to get the business off the ground, and how he was able to bootstrap the company without any capital. He also discusses how to build your network and find a great mentor without spending any money... and even potentially MAKING money in the process! Listen for Sean’s amazing explanation about why too much education can actually hamper your likelihood for massive success and why those without a formal education often achieve much more. Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show! In This Episode We Cover:How Sean started a business in uncertain timesHow he learned a lot more from running a business than from schoolSean's focus on affordability and starting on a budgetHow he started this business at 14 years oldHis #1 pieces of advice for those starting a business at a young ageHow their business model achieves a 10-20% profit marginWhy he thinks marketing is the most important thing to a businessAnd SO much more!Links from the ShowBiggerPocketsWordpressCarvanaShiftCarMaxUpworkLink to the full show notes here: http://biggerpockets.com/bizshow65

50 MIN2 w ago
Comments
From 14-Year-Old Entrepreneur to National Brand With Sean Pour

Building Your Brand and Getting to the Front of the Room with Erik Cabral

Do you long for the day you can leave your full-time job working for someone else? Ever think to yourself, “What if I take all this time and energy to build something for myself?!” Or are you exhausted just thinking about building a brand from scratch, starting at the bottom of the ladder and working your way up all over again? If so, this is the episode for you… Erik Cabral -- founder of creative agency On Air Brands and the entrepreneur experience PodMAX -- tells us all about his “a-ha moment” that led him to leave a stable, high-paying corporate career to begin his entrepreneurial adventure. He walks us through the early days reaching out to literally everyone he knew to get invited to networking events; and his journey to “the front of the room” as an influencer and revered expert in brand building. By adding value helping like-minded people build their own unique brands, he now has global reach working with clients to enhance their marketing, online presence, podcasts, a...

64 MIN3 w ago
Comments
Building Your Brand and Getting to the Front of the Room with Erik Cabral

Full-Time Firefighting While Building a Million-Dollar Business With Lance Korhorn

Do you feel like you don’t have the knowledge and experience to start your own business? Perhaps you're looking for a way to leverage your full-time job to find the right business opportunity? Or maybe you’re looking for ideas on how to create a grassroots marketing and branding effort without a lot of out-of-pocket costs? If so, this is the episode for you… Lance Korhorn—full-time firefighter and entrepreneur—walks us through how he was able to start Ladder 34, a business focused on recycling old fire hoses that were destined for the dump. Not only was he able to save tons of waste from the landfill, but he has recycled that “trash” into financial and philanthropic treasure. In this episode, Lance talks about how every fire hose is a story and how he has been able to build a business around preserving those stories—turning old hoses into belts, wallets, mats, and other items that delight customers and carry on the legacy of the lifesaving equipment. And not only is this a business supporting Lance and his family, but it's also supporting firehouses and firefighters around the country who are putting their lives on the line every day. Lance tells us how he came up with the idea for the business, how he struggled to create his first prototypes, and how he’s had to learn how to start, build, and grow a business every step of the way through trial and error. Make sure you listen to the end, where Lance reveals the power of storytelling, and how it’s helped grow Ladder $34 million-dollar business. Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show! In This Episode We Cover:How he built a store with a simple step-by-step processHow he threw out products just to see how they're receivedHow he built his team and started outsourcing advertisingHow he gets 80-90% profit on many productsHow to work with family membersHow they financed their businessHow he segments his timeAnd SO much more!Links from the ShowBiggerPocketsShopifyCheck the full show notes here: http://biggerpockets.com/bizshow63

47 MINJUL 7
Comments
Full-Time Firefighting While Building a Million-Dollar Business With Lance Korhorn

Building a Massively Profitable Business Around Your Passions With Alex French

Are you looking to build a business around something you love and are passionate about? Do you want to ensure that the business you’re working on has massive profit potential? Are you concerned that you don’t know how to do both of these things simultaneously? Today’s guest tells us how he was able to blend his passion with massive profits... and how we can, as well! Alex French—co-founder of Bizzy Coffee, the most popular cold-brew coffee brand sold through Amazon and retailers—knows firsthand how important it is to do something you love while also ensuring that there is market demand for your business. On this episode, he teaches us how we can identify which of our passions can be scaled into a profitable enterprise and how to validate our ideas quickly and inexpensively using Google. Alex also tells us how we can use influencers to get feedback on our business ideas and how they can spread the word to potential customers, too. Finally, he walks us through the basics of selling on Amazon, including how to use the platform to dominate in your product category. Make sure you listen for Alex’s powerful tip—one that cost his investors over $1M to learn—on what to do when you find your business veering off-course. Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show! In This Episode We Cover:How he used Google Trends to find a great product ideaHow he does market researchWhat led to choosing cold brew coffeeHow he tests his ideas very inexpensively and very quicklyHow he got big influencers to promote his brand new productDevelop their product step by stepHow a rejection led him to selling on AmazonLearn about where they are now and what's next for their companyAnd SO much more!Links from the ShowBiggerPocketsGoogle AdwordsSmart Passive Income PodcastEntrepreneur on Fire PodcastIndiegogoCheck the full show notes here: http://biggerpockets.com/bizshow62

71 MINJUN 30
Comments
Building a Massively Profitable Business Around Your Passions With Alex French

Launching a Hands-Off 'Cash Cow' Business With Less Than $100K, Step by Step With Ashley Kehr

Have you ever thought about creating a brick-and-mortar retail operation from scratch? Ever wonder what hoops you have to jump through to get a liquor license and launch a business selling alcohol? Ever wonder how to do consumer research before opening a local store? Ashley Kehr—real estate investor, entrepreneur, and co-host of BiggerPockets' Real Estate Rookie Podcast—is in the process of building and launching a local liquor store, and she shares with us her step-by-step plan. In this episode, Ashley tells us how she found and hired an expert consultant, how she applied for and got a state liquor license, and how she was able to purchase the real estate and design it for her business. And she did it with a whole lot less cash than you might expect! Ashley provides a ton of great tips for any budding entrepreneurs looking to take that next step toward creating their own business. She talks about the value of networking, asking the right people the right questions, and the bigges...

62 MINJUN 23
Comments
Launching a Hands-Off 'Cash Cow' Business With Less Than $100K, Step by Step With Ashley Kehr

Turning Your Passion Into a Scalable Business With Tammeca Rochester

On today's show, learn how to identify a personal passion and/or need, combine it with your professional skillset, and launch a business that energizes you and your community. Tammeca Rochester sits down with J and Carol to reveal the story behind Harlem's first and only indoor cycling studio, Harlem Cycle. From the genesis of her idea, to hiring contractors and renting space, to her pricing strategy focused on "packages and commitments," Tammeca shares a ton of great tips for anyone looking to bootstrap any type of business today. Download this one, and be sure to subscribe to the BiggerPockets Business Podcast so you won't miss us next week! In This Episode We Cover:Tammeca's concise "elevator pitch" for her businessLaunching a side business as a parent with a full-time jobWriting down her business plan right at the startNegotiating a commercial leaseWorking with designers to shape the look and feel of her studioPutting the consumer's desires front and center from the beginningGetting rejected for a business loanWhy free giveaways don't convert into paying customersConnecting entrepreneurship with family ("It's OK to bring your kids to work!")And SO much more!Links from the ShowBiggerPocketsSoulCycleFlywheel SportsCheck the full show notes here: http://biggerpockets.com/bizshow60

57 MINJUN 16
Comments
Turning Your Passion Into a Scalable Business With Tammeca Rochester

A Sweet Deal: Buying a Chocolate Company With No Money Out of Pocket With Ryan Novak

Have you ever thought about taking over an existing business? Would you like to purchase a business with no money out of your pocket? Have you ever considered what it would take to expand a local business nationally? All these questions—and more—are answered on this week’s podcast. Ryan Novak, owner of ChocolatePizza.com, graduated college and then went back to buy the small, local chocolate shop that he had worked in since he was 14 years old. He negotiated a no-money-down deal that left him as the sole owner of the shop—and an opportunity to grow the brand nationally. Using the power of the internet, Ryan has grown ChocolatePizza.com to a seven-figure company, shipping chocolate treats and gifts all around the United States. And at the same time, he has grown that local shop into a successful business in and of itself. On this episode, Ryan talks about how he acquired Chocolate Pizza, how he used what he learned in business school to grow and expand with over a dozen employees, and how he is now using the circumstances of the coronavirus pandemic to extend his brand even further. He tells us how he’s evolved his product offering to surprise and delight his customers and get people talking about the company to expand his reach. In addition, Ryan tells us how he’s giving back to his community. And specifically how he is using a local mentorship program he’s created to build a win/win for his business—hiring local high-school students to train them in business, while at the same time getting the benefit of low-cost employees, who are excited to learn and work. Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show! In This Episode We Cover:The unique real estate strategy of lending and pitching to developersHow the recession helped him become an entrepreneurHow he developed a plan for a hotel restorationHow he focused on building a franchise prototypeHow he coined the company's core valuesHow he communicates the core values during the hiring processHow he created a syndication that is more than just about real estateAnd SO much more!Links from the ShowBiggerPocketsHallmarkCMTCNBCHow The Young Founder Of Chocolate Pizza Factory Shares Success Secrets And Supports YouthCheck the full show notes here: http://biggerpockets.com/bizshow59

49 MINJUN 9
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A Sweet Deal: Buying a Chocolate Company With No Money Out of Pocket With Ryan Novak

Elevating Your Business & Investments in 3 Words With Josh McCallen

What differentiates good businesses from great businesses? What is that thing that keeps your customers coming back time after time? How do you ensure that your product or service really stands out from your competitors? More times than not, it’s providing an amazing customer experience. In fact, today’s guest has built his eight-figure business on this principle alone. And he tells us how we can do the same in our business. Josh McCallen—entrepreneur, investor, and business owner—has built his reputation as a luxury resort developer. Over the past decade, he and his investment team have bought, renovated, and turned around several high-end resorts. His key to success is always the same: implementing a customer experience that is second to none. On this episode, Josh tells us how he got started in both business and real estate, as well as when he first recognized the value—and necessity—of defining a world-class experience brand for his resorts. He also shares the three core values that rule over the experience he creates, how he implements those values in his business, and how you can do the same in yours. And make sure you listen through the "Four More" segment at the end to learn about the biggest mistake Josh made (and many people make) when buying a business and how it led him to failure in his first business purchase. Check him out, and subscribe to the BiggerPockets Business Podcast so you won’t miss our next show! In This Episode We Cover:His unique real estate strategy of lending and pitching to developersHow the recession helped him become an entrepreneurHow he developed a plan for a hotel restorationHow he focused on building a franchise prototypeHow he coined the company's core valuesHow he communicates their core values during the hiring processHow he created a syndication that is more than just about real estateAnd SO much more!Links from the ShowBiggerPocketsHow to Approach Real Estate Investing Like a Business, With BiggerPockets Contributor J ScottCheck the full show notes here: http://biggerpockets.com/bizshow58

73 MINJUN 2
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Elevating Your Business & Investments in 3 Words With Josh McCallen
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