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b'Alexandra Nolan is a successful entrepreneur and business owner who has started and sold several businesses, helping her escape her corporate career.\\xa0\\n\\xa0\\nIn this episode, Alexandra shares her story of transitioning from corporate America to becoming a full-time successful entrepreneur. She discusses the key lessons she learned along the way, the skills needed to start and own a business successfully, and how to make intelligent decisions to grow it. Alexandra also highlights some of the mistakes she made and takeaways for real estate investors that can be applied to their businesses.\\xa0\\n\\xa0\\nPlease tune in to find out how Alexandra successfully exited her business and the strategies she used!\\n\\xa0\\n[00:01 - 07:16] Opening Segment\\nAlexandra\'s background and career\\nAlexandra shares how she started her own business and opened up a cosmetic boutique/women\'s clothing store\\nHer business was not well established when she made the jump, but she took a risk and made intelligent decisions which allowed her to grow it into multiple locations and sell it seven years later\\n\\xa0\\n[07:17 - 15:04] Location is Everything: Achieving a Successful Exit Through Profit Cost Process\\nLocation is vital for success in business, especially when there is a lot of competition\\nProfit Cost Process is an unconventional strategy that involves pricing for the expertise and setting aside a bonus to invest in oneself\\nAllocating funds between buckets should be done by pricing slightly higher services and products\\n\\xa0\\n[15:05 - 23:50] Taking Risks and Building Confidence\\nAlexandra shares how taking risks is a key factor in her success\\nBalance what you are passionate about with what makes money\\nDo research on competition, sales, and data for your new business\\n\\xa0\\n[23:51 - 28:53] Closing Segment\\nBest investment: Investing in yourself and your future\\xa0\\nWorst investment: $20,000 investment in a company to do website design and SEO\\nThe most important lesson learned: Not all growth is good growth\\n\\nQuotes:\\n\\xa0\\n"I\'m going to be successful and grow quickly. I need to choose a location where the competition is minimal." - Alexandra Nolan\\n\\xa0\\n"With work-life balance, you are burning the candle at both ends, and you\'re not getting that little extra." - Alexandra Nolan\\n\\xa0\\n"Before you throw a large investment into a bucket, do your research and see if it\'s something that you can figure out yourself." - Alexandra Nolan\\n\\nConnect with Alexandra!\\nInstagram: https://www.instagram.com/alexandra.nicole/\\xa0\\n\\nInvest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/\\n\\xa0\\nTrack your rental property\'s finances with Stessa. Go to www.escapingwallstreet.com.\\n\\xa0\\nJoin our Passive Investor Club to access passive commercial real estate investment opportunities.\\n\\xa0\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.'