Eggs 389: Bouncing back from business failure with Jose Berlanga

Summary

In this episode, Jose Berlanga, CEO and founder of Houstonian Capital, shares his extensive journey as an entrepreneur, discussing the importance of resilience, navigating challenges, and the evolution of his business ventures, particularly in real estate. He emphasizes the need for quick decision-making during tough times and reflects on the lessons learned from the 2008 financial crisis. Jose also highlights the significance of hard work, adaptability, and being open to opportunities to achieve long-term success.

Takeaways

• Resilience is crucial for entrepreneurs.
• Endurance helps in overcoming setbacks.
• Act quickly during business challenges.
• Success combines hard work and luck.
• Entrepreneurship requires a certain nature.
• Long-term thinking is vital in good times.
• It's acceptable to lose money, but not reputation.
• Immersion in work leads to success.
• Home runs in business are rare; persistence is key.
• Key principles of entrepreneurship evolve over time.

Chapters

00:00 Introduction to Jose Berlanga

03:21 Jose's Entrepreneurial Journey

06:08 Resilience in Entrepreneurship

09:25 Navigating Business Setbacks

12:17 The Shift to Real Estate

15:09 Overcoming the 2008 Financial Crisis

29:53 Navigating Financial Loss and Resilience

33:03 Evolving Business Models in Real Estate

36:43 The Nature of Entrepreneurship: Born or Made?

41:05 The Importance of Being Open to Opportunity

53:41 Key Principles of an Entrepreneur's Journey

57:39 Upcoming Projects and Final Thoughts

Credits:

Hosted by Michael Smith and Ryan Roghaar

Produced by Ryan Roghaar

Theme music: "Perfect Day" by OPM 

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