Let Me Speak To A Manager Ian Mathews and Frank Cava

Takeaways
Consistency and daily practice are key to achieving success in any endeavor.The Seinfeld method, or creating a streak of positive habits, can help build momentum and lead to long-term results.Writing every day can help establish credibility and build a following.Distinguishing between fads and trends is important in setting sustainable goals and habits. Streaks can gamify habits and make them more enjoyable and motivating.Consistency and daily habits are crucial for success in personal and business endeavors.Lead generation and marketing should be daily habits in order to grow a business.Streaks can lead to significant long-term rewards and success.Streaks can also have negative consequences, such as burnout.Starting and maintaining streaks can have a compounding effect over time.
Chapters

07:36
Introducing the Seinfeld Method
14:45
The Power of Consistency and Daily Practice
27:31
The Role of Daily Lead Generation and Marketing in Business
34:37
The Uninterrupted Streak of Breathing
43:56
Starting and Maintaining Streaks for Success

In this conversation, Ian and Frank discuss their experiences raising capital for their businesses and investing in different markets. They explore factors influencing a small business owner's decision to seek capital, such as market conditions and personal financial goals. They also delve into the advantages of investing in Richmond, Virginia, including lower costs compared to other markets and the ability to leverage their knowledge and contacts. The conversation highlights two investment structures they have used: a portfolio of single-family homes and the renovation of commercial buildings. Overall, they emphasize the importance of understanding the market and building a solid team when seeking capital and investing in real estate. Frank and Ian discuss their previous real estate deals and their current investment opportunity. They highlight each deal's different structures and returns, emphasizing the importance of having multiple exit strategies and considering market conditions. They also discuss the benefits of private funding over traditional bank loans and the security of investing in real estate-backed bonds. 

01:38 The Market in 2024: Hunting for Capital
06:05 Richmond's Market and Potential
08:38 Richmond's Metropolitan Statistical Area
10:31 Considering Other Markets: Fort Lauderdale, California, and DC
13:03 Entering the Richmond Market
14:00 Why Continue Investing in Richmond?
15:42 Challenges of Entering a New Market
20:04 Different Investment Structures: Single-Family Homes and Commercial Buildings
22:56 Structuring the Investments: Portfolio of Single-Family Homes
23:26 Structuring the Investments: Renovation of Commercial Buildings
23:52 Different Deal Structures
30:48 Investing in Identical Assets
35:25 Real Estate-Backed Bonds for Cash Flow
41:08 Private Funding vs. Traditional Bank Loans
44:28 Diversifying Investment Portfolios
45:16 Market Conditions and Team Strength

Frank and Ian discuss the challenges of restarting after taking a break in this conversation. They share personal experiences and insights on overcoming inertia and embracing discomfort when starting something new. They emphasize the importance of commitment, setting goals, finding leverage, and seeking support to hold oneself accountable. They also highlight the benefits of taking breaks to recharge and gain fresh perspectives. They encourage listeners to take control of their decisions and make intentional choices when restarting or pursuing new endeavors.

Takeaways:

Restarting after a break can be challenging, but it is possible with the right mindset and strategies.
Embrace discomfort and lean into the change process to overcome inertia and create new habits.
Set specific goals, find leverage, and seek support to hold yourself accountable. Taking breaks can provide opportunities for recharging, gaining fresh perspectives, and avoiding burnout.

00:00 Introduction and Catching Up
02:15 Taking a Break from Podcasting
05:30 The Challenges of Restarting
09:01 The Importance of Commitment and Change
11:08 Embracing Discomfort and Overcoming Inertia
20:32 Setting Goals and Finding Leverage
26:33 The Benefits of Taking Breaks
30:06 Accountability and Recharging
35:37 Seeking Support and Holding Yourself Accountable

Coach "Prime" is disrupting the landscape of college football recruiting. Assuming a roster that won only one game in 2022, Deion Sanders is wasting no time upgrading the roster but at what cost? In this episode, we talk about the pros and cons of building a team versus buying one (along with the short and long-term repercussions).

Screw Vegas; real men take boys trips to Omaha! Thinking of going to see Warren and Charlie next year at the biggest investor event of the year? Frank and Ian give you an inside look at what you can expect from travel, accommodations, restaurants, tickets, finding a seat, and of course, where to find a decent casino.

North Carolina has introduced a bill to eliminate participation trophies. We debate the merits of continuous versus intermittent feedback and how demonizing encouragement for beginners might not be the best answer. When is it appropriate to cheer participation, and when is it hurtful? We look at the parallels of youth sports with managing a corporate team.