Mind Your Biz Podcast

Biz Nation, I have said it before; running your own business is HARD! Real estate management is particularly challenging because you are on call to your clients' tenants and guests at all times. Your business has to be organized and efficient.

In this episode, we are joined by Leo Chrenko, Founder and Managing Broker of Bolld Real Estate Property Management. His company focuses on helping real estate investors maximize their investments with the help of experienced property managers. He will discuss how he has set up his company using core values, clear vision, teamwork and technology to provide superior service to his clients. We also talk about the lessons he has learned and the mistakes he has made along in his journey to success.
This is an episode every business owner can relate to. Enjoy!
Key Takeaways:

[00:45] How BOLLD Real Estate Management started

[08:45] The meaning behind the company name “BOLLD” and its core values

[03:36]BOLLD Real Estate Management in its early years

[09:24] Leo Chrenko's Journey in the Real Estate Business

[12:20] Importance of Setting your clear vision in the business

[15:20] Balancing Personal Life and Business

[15:30] Why you need to attach time limits to your goals in the business

[16:00] Time Management: Determining where to put your time to attain certain goals

[17:27] Importance of Establishing Routines

[22:06]The Brain Dump Concept

[24:00] Knowing your value in the business

[27:09] How to build a team

[48:03] BOLLD's current situation and its future plans

Links:
Books:

Traction: Get a Grip on Your Business by Gino Wickman

https://www.amazon.com/Traction-Get-Grip-Your-Business/dp/1936661837

LinkedIn:

linkedin.com/in/leo-chrenko

https://www.linkedin.com/company/bolldcom/

Website:

https://bolldpm.com/about/

Having a good financial plan is crucial in the event of a critical illness. Having sufficient finances to cover all expenses can make the situation less stressful for all parties involved.

Critical illness insurance is never thought about enough: the stage of life, retirement decumulation, the different risks that come with it... We listen from friends, neighbors, advisors, or even the web. Everybody has full access to information but it’s really important to slow down and let someone in that industry explain everything to you before making an informed decision.

In today's crossover episode of Mind Your Biz Podcast we are joined by Dr. Yatin Chadha. He is the host of Beyond MD Podcast, which he launched in 2020, that focuses on financial literacy. The content is provided by subject experts but is steered by Dr. Yatin Chadha to ensure relevance to healthcare professionals in Canada.

Tune in as we uncover more of Critical Illness Insurance!

Highlights:

[07:24]Demystifying Critical Illness Insurance (CI) and its difference with Disability Insurance (DI)

[10:08]What is the coverage of Critical Insurance?

[12:41]Living in Canada: Do I Need It?

[17:47]Critical Illness: Personal, Corporate and Shared Ownership (Dollar CI)

[20:44]Return of Premium (ROP): The Popular Feature of CI

[27:44]What is Loss of Independence?

[29:46]Two Different Types of Policies for Children

[33:45]Considering CI: Must-Ask Questions

[37:35]Retirement: What is Sequence of Return

[43:02]Retirement: What is Longevity Risk

Links:

Website:http://beyondmdpodcast.com/

LinkedIn:https://www.linkedin.com/in/yatin-chadha-29074b109/

Facebook:https://www.facebook.com/yatin.chadha.3

Instagram:https://www.instagram.com/beyond.md/

Twitter:https://twitter.com/yatinchadhamd

Things Mentioned:

Ontario Securities Commission

Advisor’s Eagle

Mayor Hazel McCallion of Mississauga

This week we are joined by Jaxon Howell; owner and founder of Hats by Howell. Jaxon is a true artist in every sense. He is a professional photographer, carpenter, and hat maker who took on the adventure of turning his passion into a business by leaving his flight attendant career to become an entrepreneur.

Tune in as we talk about how we can turn our artistic side into a business and listen to our guest’s inspiring entrepreneurial story!

Highlights:

[02:15] All About Hats by Howell

[04:20] What do hats mean to him?

[05:41] What made him start a carpentry business?

[08:00] What pushed him to go full-fledged on his entrepreneurial role and left the airline industry?

[10:06] How did he mitigate some of those turbulent times at the beginning of his transition?

[12:20] The Power of Asking in Entrepreneurship

[14:57] The Importance of Shifting from Scarcity to Abundance Mindset

[18:30] How did he start with the Hats by Howell?

[27:50] Did he find a certain amount of courage making this transition based on the success of the previous transition?

[31:45] Why is it so important to understand finances and money as a kid?

[35:00] What would be that one piece of advice that he could give to someone on following their passion and turning it into a business?

[39:20] How can you mitigate any risk over and above that tolerance to still go and pursue what you want to do?

Link:

https://www.instagram.com/hatsbyhowell/?hl=en

This one is for all of you startup founders and co-founders. Raising capital is key to growing your startup. But, how do you prepare your company to approach investors? How do you stand out?

In this episode, we are joined by Aly Dhalla is the CEO & Co-Founder of Finaeo, a venture-backed "insurtech" startup that is reshaping insurance distribution to help independent advisers thrive in a digital era.

Listen to this podcast and learn how to prepare and shape your startup to be attractive to venture capitalists and other investors.

Highlights:

[00:48] What is Finaeo and when did it start

[02:00] What is it like being a start-up and what it is to be a venture back start-up and its process

[05:55] What are Angel Investors

[06:30] Types of Angel Investors

[09:12] How to put together a pitch deck

[09:30] Difference between Angel Pitching and Venturer Pitching

[11:15] Why is it different to pitch Professional Investors and how can you stand out

[17:10] How to balance the jobs of raising capital and leading your company

[21:00] Leadership: Why it Matters in the Company

[30:09] Dealing with everyday life while managing a Startup

[36:11] The importance of mental health and wellbeing

Links:

LinkedIn: linkedin.com/in/alydhalla

Twitter: adhalla21

Website: https://www.finaeo.com/

Biz Nation! If you want to learn how to automate parts of your business, this episode is for you! Justin Lam, Chief Strategist of TACTICAL breaks down how, and more importantly, why you automating your business processes will take you to the next level.

Links:

Website:Three Sixty Media

LinkedIn: Justin Lam

Data Lead: Justin Lam

Unsplash: Justin Lam (@threesixtymedia)

Pinterest:justin360

Podcast:Digging Deep into Business

Youtube: Three Sixty Media

#businessowners #entrepreneur #finance #Vancouver #Vancouverbusiness