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Episodes
Tuesday Sep 20, 2022
Fix Your Real Estate Business with These Questions with Terry Ogburn
Tuesday Sep 20, 2022
Tuesday Sep 20, 2022
Terry Ogburn is the renowned owner and Lead Business Coach of Ogburn’s Business Solutions. His proprietary coaching system and personal devotion to the growth of others have contributed to the success of hundreds of small-to-large business ventures. In 1979, Terry began his entrepreneurial career by investing his last $118.42 to start an air conditioning service. He had neither a car nor a truck, but he had the knowledge and skill to establish partnerships. By 1983, he was one of the top five nominees for Businessman of the Year. In 1984, he won Young Businessman of the Year for the State of Florida, and in 1985, he began mentoring other small business owners as a leader in the business community.
[00:01 - 06:57] Opening Segment
- Finding success as a young entrepreneur
- Making the transition from entrepreneurship to the corporate world
- Establishing a business that helps guide small-to-large businesses
[06:58 - 14:34] Asking the Right Questions
- Assessing the owner's business goals, recruiting procedures, and business processes
- The importance of establishing a touch between the customer and your business
- Finding buyers using the qualifying out process
[14:35 - 24:28] Creating 90 Day Goals
- Establishing checkpoints to help reach your goals
- Learn how to navigate the avalanche to keep yourself on track
- Finding abundance through avoiding fear-based decision-making
[24:29 - 36:33] Closing Segment
- Quick break for our sponsors
- The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor. Learn more about Personal Capital at escapingwallstreet.com
- What is the best investment you've ever made other than your education?
- His first investment on a $17,000 property financed at 8% simple interest loan
- Terry Ogburn’s worst investments
- Losing $4,600 on a deal
- Wat are the most important lessons you’ve learned in business and investing?
- Do not sell the house you are staying in until you have closed the deal on the one you are buying
- It's not about getting in the deal so much as it is getting out of the deal.
Connect with Terry Ogburn through https://terryogburn.com/
Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/
Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.
Join our Passive Investor Club for access to passive commercial real estate investment opportunities.
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Tweetable Quotes:
“Abundance is making decisions. If you make decisions, you're an abundant thinker.” - Terry Ogburn
“So if you're looking for opportunities, your brain is gonna be open to look for them. So you have to visualize what you want. Visualize yourself already in possession of the commitment and just work hard and it'll be yours. ” - Terry Ogburn
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