Richard Bexon | Surviving a $4 Million Crisis: The Mindset to Rebuild
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In this episode, Jake sits down with Richard Bexon, an entrepreneur who has lived in Costa Rica for over 20 years. From growing up in a military family moving between army estates in the UK and Germany , to negotiating high-stakes business deals, Richard’s life is a masterclass in resilience and pivots.Richard shares his journey from washing cars at age 14 to managing a major travel company through the 2008 recession and the COVID-19 pandemic—where he faced a $4 million hole with borders closed. He reveals the hard lessons learned in management, including why he believes in "firing quickly" and the specific legal clause he uses to handle business partner breakups.We also dive into his current venture, Costa Rican Investments, where he is reshaping the luxury tourism industry by developing villas that combine the privacy of a home with the amenities of a boutique hotel.In this episode, you will learn:How to cultivate an entrepreneurial spirit in yourself and your children.The difference between being "liked" and "respected" in leadership.How to use a "Texas Shoot Out" clause to resolve business partner deadlocks.The power of "singular focus" and letting non-essentials burn.How to identify market gaps in the luxury real estate and tourism sectors.Topics CoveredResilience in Childhood: Growing up moving constantly and attending boarding school at age 9.Leadership Hard Truths: Why you should fire quickly and why a leader needs to be respected rather than liked.The "Texas Shoot Out": A specific contract clause used to buy out business partners or force an exit.Crisis Management: How Richard navigated a travel company through the 2008 recession and the total shutdown of tourism during COVID.Strategic Focus: The importance of daily meditation and choosing the "top 3" priorities for the day.Costa Rican Real Estate: Identifying the gap between hotels and vacation rentals to build luxury villas with full concierge services.Richard's Company:Costa Rica Investments:https://www.investingcostarica.com/#CostaRica #Entrepreneurship #BusinessStrategy #RealEstate #LuxuryTravel #Leadership #Resilience #Investing #AMoreBrilliantLife #CrisisManagement #TexasShootOut