Authentic Business Adventures Podcast Draw In Customers Business Coach James Kademan

John Casmon - Casmon Capital









On Being Aware of What Can Go Wrong: "I was making money. I grew my net worth. But at the end of the day, if I got fired from my job or if I got let go, I didn't have enough money to pay all of my bills."





Get your money to work for you is great advice.  Real estate investing is a great way to do that.  Taking real estate investing a step further to making your investments truly passive is by utilizing the skills of those that pool investors together to let economies of scale get your money to work for you, without you having to find property, deal with tenants, make repairs and take those 24/7 calls.

But how do you get started in passive real estate investing?

John Casmon of Casmon Capital has shares his transformative journey from corporate America to becoming a beacon for busy entrepreneurs and business owners seeking to grow their wealth through real estate. His company bridges the gap for individuals who have the capital but not the time or expertise to manage investments, guiding them through passive investment opportunities in multifamily apartments.

In this episode, John imparts his wisdom on scaling from smaller properties to significant multifamily deals, the intricacies of tax strategies, and the undeniable importance of having a detailed business plan. We'll explore the necessity of creating jobs and providing housing to benefit from tax breaks and hear why honesty in tax planning is crucial for long-term success.









Listen as John explains some realistic strategies and real world examples of how you can make your money work for you.



Enjoy!



Visit John at: https://casmoncapital.com/











Podcast Overview:



08:27 Interest in making money sparks business partnership.

15:26 Managed finances, realized need for partnership opportunities.

16:03 Partnered, educated, scaled, and helped others financially.

22:15 Bonus depreciation allows accelerated tax savings for investors.

29:34 Utilize tax strategies to maximize and empower.

32:25 Expect expertise, frustration when not delivered. No trust.

39:26 Envision possibilities, seek mentorship, replicate successful strategies.

45:39 Challenging question about selling rental properties discussed.

47:55 Invest in Cincinnati area, analyze risks, attract renters.

53:12 Focus on results, match skills with needs.



Podcast Transcription:



 

Shannan Bogle - UPS Store Madison, Wisconsin









On Variety Being the Spice of Life: "You never do the same thing twice. And that's what I loved about it was you were always doing something different whether somebody was walking in to have you shipping a book for them and then the next person was having you fax for them, and the next person had an Amazon return. So the variety of it is what caught me."





Retail businesses still exist, and the UPS Store franchisees have been growing as people will always need to send something from one place to another.

But Shannan Bogle of the UPS Store in Madison, Wisconsin lets us know that her store does so much more than shipping.  After decades in this business, she has an incredible amount to share.

Shannan will also tap into the versatility required to manage a UPS store, from printing services to Amazon returns, shedding light on the highs and lows that come with balancing corporate mandates and the independence of franchise ownership. We’ll explore the current business climate's pressures, the impact of the pandemic, and the shift to remote work, as well as the local community dynamics over her 26 years of operation.

She delves into each facet of business ownership, retail business ownership, and the ways entrepreneurs can make moves to grow their business.









Listen as Shannan explains not only her world, but a broader way of looking at business and finding the gold buried within every business.



Enjoy!



Visit Shannan at: https://locations.theupsstore.com/wi/madison/6666-odana-rd











Podcast Overview:



 



Podcast Transcription:



Shannan Bogle [00:00:00]:

The one thing when I did buy it that I thought was funny was they did make me take out, life insurance policy that equaled the loan. Just because there's not enough product in my store



James [00:00:11]:

Oh.



Shannan Bogle [00:00:11]:

That would pay off the loan. And since it's all knowledge based, they're like if you get hit by a bus tomorrow, we can't recoup.



James [00:00:22]:

You have found Authentic Business Adventures, the a business program that brings you the struggle stories and triumphant successes of business owners across the land. Downloadable audio episodes can be found in the podcast link found at drawincustomers.com. We are locally owner of the UPS Store in Madison, Wisconsin. So, Shannon, how is it going today?



Shannan Bogle [00:00:48]:

Thank you. Very good. Thanks.



James [00:00:51]:

I'm excited to learn a few things from you. Thing 1 is how do you end up in the shipping business?



Shannan Bogle [00:00:58]:

Well, I started out my previous I was a bartender.



James [00:01:03]:

Oh. Seems like an easy transition. Right?



Shannan Bogle [00:01:05]:

No. Yeah. Bartending at night is a great job. Bartending during the day, not so much.



James [00:01:12]:

Oh, just from a financial point of view or just a really crazy drunks come in?



Shannan Bogle [00:01:15]:

No. You can't make any you don't make money during the day. Oh. Like you do at night.



James [00:01:19]:

Alright.



Shannan Bogle [00:01:19]:

So then, luckily I was working at, a bar on road. Mhmm. And a former work coworker came in and said, oh, go talk to John up at the UPS store on road. And I went and talked to him and started there and the rest is history.



James [00:01:36]:

You end up buying the business? Yeah. Wow. So you went from bartending?

Derek Dombeck - The Generations of Wealth









On the Challenging Relationship Employers Are Forced Into: "Speculation and appreciation doesn't pay your bills or keep your family fed. It looks beautiful on a spreadsheet ,on a balance sheet, until things go the other way."





Real Estate Investing is a powerful tool for growing your wealth, as well as building a legacy for you and whomever you would like beyond your life.

But some real estate investors just want to invest in real estate, and not deal with tenants, painting, plumbing issues, 3am phone calls and the paperwork that comes with owning property.  Some investors prefer to just invest their money, get a decent return and continue the process of having their money work for them.

Derek sheds light on innovative solutions for storage unit businesses, his own path in the real estate industry, and the importance of understanding local markets and regulations. We'll explore the nuances of investing in places like Madison and Milwaukee, and uncover why he advises starting with single-family properties and values local real estate investor associations.

With the launch of his Generations of Wealth podcast slated for March 14th, Derek is set to share his comprehensive approach to wealth, which extends far beyond financial gains. You'll learn about his commitment to helping Wisconsin locals navigate the real estate market without hidden costs or tricks.



We'll also delve into the significance of effective communication and negotiation in closing deals, both in real estate and beyond, and the challenges posed by the evolving landscape of customer service in an AI-dominated world.



Whether you're dealing in duplexes or many door count multifamily properties, this conversation boasts invaluable insights, including Derek's tales of overcoming adversity during the 2007 market crash and how building relationships can form the backbone of any successful business venture.









Listen as Derek explains how to get into the real estate investing game without having to get dirty into the real estate investing game.



Enjoy!



Visit Derek at: https://thegenerationsofwealth.com/











Podcast Overview:



00:00 Passing on real estate wisdom to future generations.

06:25 Speculation doesn't pay bills, control business.

12:26 Ethical real estate broker helps sellers profit.

18:26 Structuring installment sale, focusing on mutual benefit.

21:57 Suggest talking to professional for personalized tax advice.

29:18 Reluctantly filed bankruptcy, stood by decisions.

33:40 Risky debt led to starting lending company.

37:33 Networking in person is more effective.

46:20 Shows, wealth.com, contact info, investing experience, Wisconsin.

49:31 Embracing diversity, solving problems, and staying humble.

55:14 Start small in real estate; seek local advice.

01:00:47 Authentic Business Adventures introduces successful business owners.



Podcast Transcription:



Derek Dombeck [00:00:00]:

I have to call people. What if they answer? And and I said, okay. Let's look at it this way. Twist your mindset. If you know you have the skills to help somebody and you choose not to call them, you are by default harming that person.



James [00:00:17]:

You have found Authentic Business Adventures, the business program that brings you the struggle stories and triumphant successes of business owners across the land. Downloadable audio episodes can be found in the podcast link found at draw in customers.com. We are locally underwritten by the Bank of Sun Prairie. Today, we're welcoming slash preparing to learn from Derek Dombek,

Arta Wildeboer - Real Estate Professional in Canada









On the Challenging Relationship Employers Are Forced Into: "People are very sensitive about their disabilities. They're very passionate about having their disabilities, validated having their disabilities. Kind of, just understood by their employers."





Legal woes are almost an expectation in business.  From the ins and outs of often complex laws, paired with the general lack of legal knowledge, it can make an entrepreneurs head spin and their wallet empty.

In this episode attorney Arta Wildeboer sheds light on the complexities of navigating labor disputes, the meticulous demands of the California judicial system, and the unforeseen consequences of well-intended legislation. As we navigated through the COVID-19 pandemic, which has seen a sharp rise in employment litigation, Arta discusses the nuances of the state’s wage and hour laws and the judicial pushback against the overwhelming flood of small employment claims.

With personal anecdotes and expert insights, Arta also highlights common pitfalls for small business owners—like the lack of a company handbook or inadequate employee procedures—and outlines practical steps for entrepreneurs to protect their ventures through handbooks, LLCs, and crucial insurance.



From the grueling process of becoming an attorney, which included an eventful bar exam experience, to the significance of insurance and the role of attorneys and CPAs in establishing LLCs, Arta provides a comprehensive view of the legal landscape facing today's business owners.



As we discuss how legal challenges overlap with the daily operational struggles, we uncover why managing employees effectively is more essential than ever and how employers and employees alike contribute to the complexities of the workplace.









Listen as Arta offers a few tips on how to navigate the minefield of legal challenges that being a business owner forces you to tip-toe through.



Enjoy!



Visit Arta at: ArtaLawFirm.com











Podcast Overview:



00:00 Transition from student to lawyer was challenging.

07:59 First fender bender experience led to frustration.

11:41 California bar exam: 3 prompts, 3 hours.

19:15 Challenges of dealing with employee disabilities in companies.

23:51 Proving wrongful termination can be complex.

27:22 Mandatory lunch breaks, penalties, and employee management.

36:45 Legal protection needed, talk to attorney, CPA.

39:08 California business environment: regulation, population draws.

47:45 Southern work culture emphasizes loyalty and gratitude.

52:57 California's strict wage laws lead to problems.

58:35 Law protects against discrimination in workplace bullying.

01:03:49 Best way to find an attorney? Referrals.

01:04:47 Choose a lawyer you're truly comfortable with.



Podcast Transcription:



Arta Wildeboer [00:00:00]:

How how do you help a company or what what should a company be worried about? Well, you'd just be worried about anything you can get to for a long time. So



James [00:00:07]:

You have found Authentic Business Adventures, the business program that brings you the struggles, stories, and triumph and successes of business owners across the land. Downloadable audio episodes can be found in the podcast link found at drawincustomerscom. We are locally and written by the Bank of Sun Prairie. And today, we're welcoming slash preparing to learn from ArtaWildeboer, an attorney that helps all kinds of people. And this is interesting because he's in California, which if anybody of you any of you have actually done business in any states, including California,

Jordan Silvester - Real Estate Professional in Canada









On the Often Chaotic Fluctuation of the Real Estate Market: "And when it first started happening, it takes a bit to get used to the idea that the market might go up instead of 2% a year, it might go percent up 2% a week. That's how insane the adjustment could be at certain times."





Real estate investing is one of the smartest moves you can make.  But like most investments, it is not entirely failsafe and it certainly involves some level of risk.



Jordan Silvester, a licensed Realtor and real estate investor, has lived through some good times and tumultuous times in real estate.

With the easy charm of someone who knows their place in the world, Jordan often reflects on the irony of how natural borders and human perception can differ. Just as the sunny allure of Florida stretches down farther south than parts of Mexico, the story of Jordan Silvester is one that defies conventional expectations, reminding all that sometimes, the places we hail from hold secrets and stories as unpredictable and captivating as the people who dwell within them.





For anyone involved or interested in the real estate market, this episode presents valuable insights into the dynamic nature of investing. Whether you're in Canada, the US, or anywhere else, understanding these concepts can help navigate the waters of property investment.







Listen as Jordan explains the ins and outs of investing and taking steps to ensure that you protect yourself from taking too large of a risk, while still being able to play the game.



Enjoy!



Visit Jordan at Silvesters.ca











Podcast Overview:



00:00 Navigating tough times, reaching out for guidance.

04:24 Financial downturn in retrospect; slower fall, fewer increases.

07:42 Advising clients on managing market fluctuations wisely.

09:48 Varied options for choosing mortgage lenders are available.

15:37 Loss of wealth due to decreasing investment value.

17:33 Unexpected risks led to tough family decisions.

21:26 Optimal exchange rate crucial for cross-border trade.

23:20 Strategic property cash flow and financing decisions.

27:43 Poker player considers risk and personal wealth.

31:03 Setting up unit for functional resale was challenging.

33:08 Learn humility, verify with others, avoid self-deception.

36:02 Adapting to economic changes through skill-building or hustling.

39:05 Considered vehicle lease options, chosen truck for benefits.

43:55 Resilience in face of past challenges, memories.

46:12 Property viewing essential for relational and investment.

49:58 Trust knowledgeable people, but trust your gut.

52:45 Business lessons learned from challenging personal situation.

55:52 Business program showcasing owner stories, sponsored content.



Podcast Transcription:



Jordan Silvester [00:00:00]:

In real estate, if you think about that, like how quickly can you close something, renovate something, and flip something if you set your closing 33 months out because of the time that was a good idea because 3 months later, it was worth 10% more just because you waited.



James [00:00:13]:

Yep. You have found Authentic Business Adventures, the business program that brings you the struggle stories and triumph and successes of business owners across the land. Downloadable audio episodes can be found in the podcast link found at drawincustomers.com. Today, we are welcoming slash preparing to learn from Jordan Sylvester, the real estate guru, I believe, of Windsor, Ontario. Is that correct, Jordan?



Jordan Silvester [00:00:36]:

Patrick Donahue - Private Investment









On the Importance of Having a Vision: "The reason why I use the the 'qualifier magnetic' is because it's one thing to have a vision, but it has to be a vision that can be articulated where it attracts others to it."





Businesses need cash to run.  Some from the founders, often some from banks or relatives and sometimes from investment funds.

Patrick Donohue, founder and CEO of Hill Capital Corporation, an investment fund targeting entrepreneurial-led businesses that packs a punch with a $25,000,000 fund size, tells us about working with investment funds to fund your business, as well as the opportunities to invest your own cash into other businesses.

Patrick dives into the world of business investing, dissecting the narratives that turn a company's vision into a magnet for investment, from small businesses like high-end baby stores to giants like Amazon. Patrick shares his nearly 30 years of fundraising expertise, pointing out what sets successful startups apart, like those with magnetic leadership and innovative technology like GoRoute.



Ever wondered what it takes to prepare for raising funds, or the role that storytelling plays in captivating potential investors? Patrick casts light on these vital strategies, leaning on examples from his extensive experience and involvement with diverse businesses in Hill Capital Corporation's portfolio.



Lastly, Patrick shares his deep-seated motivation - helping entrepreneurs bridge the gap between the compelling narratives of Wall Street and the heart of Main Street, providing them with the capital to flourish. It's about building valuable businesses and navigating the turbulence of the industry, a mission far beyond the financial lures of investment banking.



Enjoy!



Visit Patrick at: BreakoutValuation.com











Podcast Overview:



00:00 Investors need to outperform S&P 500 for higher rewards.

05:25 Hill Capital trusts investors to be involved in company decisions.

07:37 Networking and referrals are key for business connections.

10:26 Unique fund structure with VC equity based note, avoids reliance on company sale for cash.

14:27 Hill Capital Corporation manages companies and funds, with a formal investment process and financial commitment.

17:35 Started Hill Capital in 2014, work unpaid 11000 hours, used own savings.

19:35 Young person disillusioned by Wall Street, starts Hill Capital to help entrepreneurs and small businesses.

23:20 Successful founders have a magnetic vision, like Bezos' expansion plans for Amazon with logistics.

28:39 The speaker is motivated by helping entrepreneurs, not by money or glamour on Wall Street.

32:02 GoRoute enables faster athletic practice with updated technology.

33:37 Technology companies face challenges and risks amid rapid change and AI growth.

37:10 Building trust and rapport is crucial for gaining financial support and investments, requiring an emotional connection.

41:54 Focus on authenticity and vision when pitching, rather than tailoring to investors' expectations.

42:55 Summarize: Discussing business needs and readiness, emphasizing financial and operational clarity.



Podcast Transcription:



Patrick Donohue [00:00:00]:

Could talk about companies like Amazon. You know, Bezos had a hard time raising money early on, but when he was able to start articulating that it was not just about selling a few books online, it was about understanding and having the logistics and cracking the code there so he could expand into other products, and why the word Amazon was used because it's the jungle and there's a lot there.



James [00:00:23]:

Mhmm.