The New 1%

Picture this: A struggling bookstore transformed into a thriving community hub - the story of 'The Chapter & Verse Bookstore' unfolds, fueled by a shared vision among four friends. 📖🌟 Ethan's discovery of this quaint store in the historic district ignited a spark within the group. Despite financial hurdles and renovation challenges, they blended their passions and expertise to re...

Great leaders are not born; they are developed daily through the Law of Process by John Maxwell. 📖🌱 Here's how you can harness this powerful law in your daily life: Commit to Continuous Learning: Embrace each day as an opportunity to grow and become a better leader. 📚🎧🧠 Practice Self-Reflection: Dedicate time daily to reflect on your decisions and interactions. How can you improve for tom...

Discover the incredible journey of J. Paul Getty, once the richest man in America, who inherited a modest business from his father and turned it into an empire through strategic acquisitions. 💼💰 Getty's story is a testament to the definition of luck: "Preparation meets opportunity." 🍀 He took daring risks, like his bet in Saudi Arabia, where oil wasn't yet flowing, but fortune...

In this podcast episode, we'll unravel the distinctions between customer success and customer service – think of it as the Oprah Winfrey vs. a skilled 911 operator of the business world! 🎙️💼 Customer Success: 🚀 ✨ Proactive engagement ✨ Guiding customers to 'aha' moments ✨ Long-term strategy with specific goals Customer Service: 🚨 🔥 Reactive nature 🔥 Problem-solving in crisis 🔥...

In today's episode, we're unveiling the top resources for finding your dream business to buy, and you won't believe how accessible it is! 🌐 🥇 First on the list is BizBuySell.com, the largest online marketplace for business listings. 🌟 💼 Don't forget to explore business brokers, the experts in selling businesses. They hold the keys to your next venture! 🗝️ 💡 And if you're f...

Here's the scoop on my journey: 📝 Content Creation: I've been hard at work breaking down the free courses into manageable steps. 👩‍💻 Virtual Assistant Mastery: My VA has been crushing it, especially on the cold DMs front. Daily reporting and affiliate traction are on the rise. 🏡 Sober Living Progress: Our property setup is nearly complete, and I've devised a solid tenant flow plan...

Join us on a journey with Michael, Sally, Carlos, Derrick, Candice, and Shaun as they embark on their community investing adventure. 🤝 👥 These friends are at the beginning of their journey: Michael, the tech enthusiast Sally, the nurturing teacher and gardener Carlos, the creative graphic designer and urban sketcher Derrick, the triathlon enthusiast and financial analyst Candice, the food blogge...

The law of influence states that your true leadership is measured by your ability to influence others. Here are eight key aspects to understand about the law of influence: 1️⃣ Influence grows over time. 2️⃣ It expands beyond your immediate circle. 3️⃣ Relationships are at its core. 4️⃣ Character plays a vital role. 5️⃣ Effective communication is crucial. 6️⃣ Adaptability enhances influence. 7️⃣ Co...

Henry Ford, the automotive pioneer, didn't ask people for what they wanted; he gave them something they couldn't even imagine—the Model T. Here's how he revolutionized transportation: 🔧 Started as a machinist apprentice. 🚘 Built the Ford Quadricycle in 1896. 🚗 Launched the Model T in 1908 for affordable, reliable vehicles. 🏭 Introduced the assembly line, cutting production time fro...

Imagine buying a business with $166k in cash flow and no upfront cost! Here's how: 1️⃣ Get an SBA loan with just 10% down. 2️⃣ Purchase a turnkey precision machining shop in Arizona for $990k. 3️⃣ Take on $891k in debt, with monthly payments of $12.4k. 4️⃣ Enjoy $17k in leftover income after debt payments for the year. Consider potential red flags, like dependency on one major client, but leve...

Warren Buffett once wisely said, "It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently." Your reputation is your personal and business brand. To build a strong reputation: 1️⃣ Create positive associations with your target audience over time. 2️⃣ Foster positive interactions, content, partnerships, and reviews. 3️⃣...

Ever heard "It takes a village"? Well, in the world of buying businesses, it surely does! Here are your key allies: 1️⃣ Accountants: Masters of financial health evaluation. 2️⃣ Lawyers: Guardians of legal documents and compliance. 3️⃣ Lenders: Your partners in securing financing. 4️⃣ Due Diligence Pros: The all-in-one package for comprehensive insights. Incentivize them with equity, cast...

Let's dive into the latest developments on this exciting journey: **Community Building:** - Continued content creation. - Ongoing refinement of our free courses. **Virtual Assistant Updates:** - Stepping into the world of Cold DMs. - Additional training on scraping IG accounts for outreach purposes. **Sober Living Ventures:** - Focused efforts on setting up our sober living property. - Tempora...

Join us as we follow the inspiring stories of 4 individuals at different stages of the community investing journey: 1️⃣ Beginner Phase No assets $500/month Discover how they leverage their resources and newfound knowledge to kickstart their journey. 2️⃣ Intermediate Phase Purchased their first business 3️⃣ Advanced Phase Purchased multiple businesses Preparing for their first exit Venturing into r...

🤝 Leadership Multiplies Efforts A single individual can only achieve so much. To break free from income limitations, you must learn how to lead and multiply your efforts through others. 🧭 The Law of the Lid John Maxwell's concept of the "Law of the Lid" highlights that the most successful individuals can exponentially increase their output by leading others effectively. 📈 Exponent...

Imagine having the resources to consistently invest in people and projects that transform lives. The Rockefeller Foundation does just that, giving away hundreds of millions annually to make a meaningful difference. 🏭 Foundation of Wealth The story begins in 1863 when John D. Rockefeller, initially a bookkeeper, partnered with others to invest in an oil refinery. Technical expertise was key to the...

Imagine living the dream life - running a Golf Cart Rental Store in sunny Galveston, TX. With an SBA loan of just 10% down, you could make it happen! 💰 Financial Freedom Awaits Purchase Price: $2,200,000 Down Payment: $220,000 Debt: $1,980,000 Debt Payments: $30,000/mo Leftover Cash: $190,000/year ⛳ Red Flags & Strengths Before taking the swing, watch out for potential red flags: seasonal de...

Sales is more than just a transaction; it's the transfer of belief over the bridge of trust. 💡 🧐 Understanding Sales Sales expert Alex Hormozi has defined sales in a way that simplifies its essence. It's crucial to realize that we're all engaged in sales in various aspects of our lives, whether it's convincing someone where to eat, how to spend time, or what to believe. 🌐 Buildi...

Many believe that financing a business transaction requires personal capital or traditional bank loans, but that's far from the truth. Most successful entrepreneurs leverage various sources of capital, and it doesn't always involve raising money from investors. 📊 5 Sources of Capital Here are five sources of capital that don't require you to raise funds from external investors: 1️⃣ Se...

Join us as we dive into the latest chapter of my journey to the New 1%: Community Building: Crafting captivating content for the community. Enhancing our content system to boost storytelling. Dedicated time and effort into refining our free courses. Virtual Assistant Updates: Prepared for Cold DM outreach. Discovered cost-effective tools to streamline the process. Initiating Cold DMs this week to...

Have you ever heard this myth? It claims that wealthy individuals have unhappy relationships and attributes their financial success as the cause. But let's dig deeper and challenge this notion. 🚫 Myth Debunked First, let's debunk this myth. Poor relationships aren't exclusive to the wealthy; people from all walks of life can experience difficulties in their relationships. 💡 Relations...

Ever heard of Big Mo? Well, it might take some time to encounter, but trust me, it's worth the wait. John Maxwell famously refers to momentum as "Big Mo," and it can be a game-changer in various aspects of our lives. 🔑 The Power of Momentum Momentum, or Big Mo, has incredible benefits: 1️⃣ Solving Problems with Ease: Momentum can make even the most daunting problems seem manageable....

Bill Gates, the man behind Microsoft and a philanthropic powerhouse, has made an incredible impact on the world. Let's dive into his journey and see how we can learn from his remarkable life. 👶 The Early Days It all began when Bill Gates developed an interest in programming at just 13 years old. His passion for technology laid the foundation for an extraordinary future. 🎓 Dropping Out to Soa...

Ever dreamed of owning a music store? Now, it's not just a dream—it can be your reality! Let's explore how you can buy a thriving music store in Arizona and make sweet music with your investment. 🎵 The Opportunity Awaits Imagine acquiring one of Arizona's top 10 music stores—a fantastic business opportunity with a purchase price of $450,000. With an SBA loan, you can secure the deal w...

Are you ready to supercharge your business success? Look no further than advertising—an invaluable skill that can transform your journey to success. 🔍 What Is Advertising? In his book "100M Dollar Leads," Alex Hormozi offers a crystal-clear definition: Advertising is simply the process of making your offerings known to the world. No more relying on the "Build it and they will come&...