How Cashflow and KPIs Determine Your Growth Potential With Glenn Stromberg

07/21/22 • 21 min

Don't get tricked by naysayers and those who have failed to implement the Profit First system correctly. Because today, we’ve invited the "king" of real estate, and he’s going to set things straight.Glenn Stromberg is here to bless us with his field expertise so we can also rise to the top as quickly as we can. Let’s hear some essential tips from this business tycoon.

Key Takeaways:

[1:55] How did he start in real estate and what was the big kickoff from there?

[6:16] What early lessons did he have about money, and how is it compared to what he thinks about money today?

[8:50] What lessons about money does he want to pass down?

[10:51] How does Glenn track his numbers and what are his key indicators?

[13:54] Glenn’s financial advice to the real estate community

Quotable Quotes:

[6:43] "Money is the bi-product of serving people."

[13:48] "Get in mastermind groups. That is the game changer."

[14:34] “ Not everybody should scale. You need to find out first where you want to go and where you want to be.”

Links:

The Go Giver by Bob Burg and John David Mann-https://thegogiver.com/

Stromberg Investment Group-stromberginvestmentgroup.com

Email Glenn [email protected]

Tired of living deal to deal?

If you are a real estate investor or business owner who is tired of living deal to deal, and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David

Key Takeaways:

[1:55] How did he start in real estate and what was the big kickoff from there?

[6:16] What early lessons did he have about money, and how is it compared to what he thinks about money today?

[8:50] What lessons about money does he want to pass down?

[10:51] How does Glenn track his numbers and what are his key indicators?

[13:54] Glenn’s financial advice to the real estate community

Quotable Quotes:

[6:43] "Money is the bi-product of serving people."

[13:48] "Get in mastermind groups. That is the game changer."

[14:34] “ Not everybody should scale. You need to find out first where you want to go and where you want to be.”

Links:

The Go Giver by Bob Burg and John David Mann-https://thegogiver.com/

Stromberg Investment Group-stromberginvestmentgroup.com

Email Glenn [email protected]

Tired of living deal to deal?

Previous Episode

A 7-Stage Growth Strategy That Has Helped Over 100,000 Businesses Scale With Carl Gould

Meet the world's leading authority on business and entrepreneurship, Carl Gould. Aside from being a serial entrepreneur, he's also a keynote speaker, a best-selling author, and the CEO and founder of 7 Stage Advisors. A coaching and executive mentoring company with over 100 advisors in more than 15 countries around the world. Today, he'll be giving a glimpse of his backstory, a comprehensive "how-to" guide for his business strategy, and some ideas behind building a legacy of wealth in the REI world.
Are you ready to take your company to the next level? If so, then we've got your back! Hang out with us in this episode.
Key Takeaways:
[3:44] What is the idea behind seven-stage advisors?
[5:11] The seven stages in real estate are: strategic planning, specialty stage, synergy stage, systems stage, sustainability stage, salability, and succession.
[9:21] Carl’s early lessons about money and his perspectives on money today
[10:48] The importance of value engagement through pricing
[13:27] The closer your cash flow is to your operating expenses, the more attention you pay.
[15:28] How does Carl apply systems to get his cash in order?
[20:54] What's Carl's opinion on having a bottom-line profit but running out of cash?
[24:01] If you’re in real estate, you must understand that the deal flow has to be there all the time.
Quotable Quotes:
[9:31] "All money is not created equal."
[9:59] "Certain money is more valuable than other money."

Links:

Carl Gould’s Websites-https://carlgould.com/ and https://carl360.com/

Carl’s LinkedIn- https://www.linkedin.com/in/carlgould

Tired of living deal to deal?

Next Episode

Jay Conner’s Secret to Success (And It’s Not Money)

Are you curious as to how people get constant money when doing real estate? The answer is simple: private money! Through the power of private money, you have the opportunity to completely transform your business and your life. It’s just a matter of taking that first step.

And this week’s guest, Jay Connor, is glad to take you guys along and help you fast track your business growth. Let’s hear it out from the private money authority himself.

Key Takeaways:

[6:17] The story of how he learned to master private money

[8:07] What is the secret to eliminating private money?

[10:23] People who learn to become real estate investors can earn an unlimited amount of money returns on their investments, at least tax deferred if not tax free.

[14:31] How does he approach someone who he wants to talk about private money with?

[21:46] Jay talks about how you should find things that you’re passionate about instead of just focusing on money.

Quotable Quotes:

[11:39] "Go where the money is. The more money you wallow in, the more money it sticks to you."

[15:39] "It all starts with the perspective of having a servant’s heart and serving these people."

[21:25] "If money is your primary motivation in doing anything, that is not going to be a long-term venture at all."

Links:

Jay’s website-https://www.jayconner.com

Where to Get Money Now by Jay Conner-https://www.jayconner.com/book-details/

Tired of living deal to deal?

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