Scaling Your Real Estate Business Like a Weed: Lessons from Stu Heinecke

Published: June 12, 2023, 7 a.m.

b'Whatever the environment or the situation is, weeds can still thrive and survive. The same can be done in business through leveraging advantages.\\n\\xa0\\nStu Heinecke is an expert on leveraging advantages and relationships to grow businesses rapidly. Learn about unfair benefits, repeatable processes, building teams and systems, having a fierce mindset, using a collective scale, following an old approach that can quickly adapt, and dealing with what is right. The conversation also covers how to take advantage of disruptions and cultivate unfair advantages during times of difficulty. In addition, Stu discusses the example of weeds thriving in the disrupted ground as a comparison for businesses that take advantage of these times to grow and expand. Furthermore, he explains the importance of location in real estate deals and other business forms.\\xa0\\n\\xa0\\nTune in to get inspired by this conversation about growing your business like a weed!\\n\\xa0\\n[00:01 - 08:39] Opening Segment\\nStu Heinecke is a successful author and cartoonist with a wealth of knowledge\\nWeeds have a model that can be applied to our businessesFierce mindset and unfair advantages against collective scale\\n\\nThe importance of dealing with what is right and not being consumed by emotions\\n\\xa0\\n[08:40 - 15:21] Thriving in Disrupted Ground: How to Prepare Your Mindset for Opportunities During Recessions and Pandemics\\nWeeds thrive best in the disrupted ground and use unfair competitive advantages to take over\\nRecessions should be seen as a time of opportunity rather than fear\\nLocation, cost, and convenience are all unfair advantages in real estate\\n\\xa0\\n[15:22 - 26:52] A Look at the Unfair Advantages of Real Estate Investing and Collaboration\\nCollaboration is vital in business success, with the weeds telling us to team up with the smartest people as fast as possible\\nIn the real estate investing industry, collaboration is more open than in other industries\\nThe best investments are not only in terms of money but also time, attention, focus, and writing books\\nCreating unique collaborations with other business authors and founders has been beneficial for all parties involved\\n\\xa0\\n[26:53 - 34:30] Closing Segment\\nBest investment: leveraging relationships and creating collaborations\\nWorst investment: financially investing in printing equipment and taking on tasks that should be delegated\\nThe most important lesson: don\'t be afraid to fail; use it as a tool to learn and create unfair advantages\\n\\nQuotes:\\n\\xa0\\n"Sales is not growth. Sales are fuel for growth, but it\'s not growth, and it\'s not a strategy for growth." - Stu Heinecke\\n\\xa0\\n"Don\'t be afraid to fail. Use failure as a tool to learn and teach yourself something completely new." - Stu Heinecke\\n\\xa0\\n"All of you in your market have various unfair advantages. When you collaborate with someone, you can leverage those unfair advantages together. We\'re leveraging relationships, and those relationships are tied to unfair advantages." - Stu Heinecke\\n\\nConnect with Stu!\\nLinkedIn: https://www.linkedin.com/in/stuheinecke/\\xa0\\nBook: https://www.amazon.com/Grow-Your-Business-Like-Weed/dp/1632651998\\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.'