Authentic Business Adventures Podcast By cover art

Authentic Business Adventures Podcast

By: Draw In Customers Business Coach James Kademan
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  • Summary

  • The business podcast designed for entrepreneurs and small business owners to be inspired by, listen to, enjoy and take some action from.
    © Copyright Authentic Business Adventures Podcast, via Draw In Customers Business Coaching. All rights reserved.
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Episodes
  • Building Wealth Through Real Estate Investment

    Building Wealth Through Real Estate Investment
    Apr 11 2024
    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:
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    56 mins
  • How to Run a Retail Shipping Business

    How to Run a Retail Shipping Business
    Apr 1 2024
    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? Shannan Bogle [00:01:39]: Out. Yep. And I started out on the counter. James [00:01:41]: Alright. Yeah. As an employee? Shannan Bogle [00:01:43]: Yeah. James [00:01:44]: Okay. Shannan Bogle [00:01:44]: Yep. And learned a lot from him and he was a great teacher and he made me a manager and then I expressed interest in wanting to buy it. So we had a contract and about 4 years into the contract, I felt comfortable enough with selling price. Somebody came in and he was shipping out, I'm a nosy person. He came in,
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    56 mins
  • How to Join a Real Estate Investment Group

    How to Join a Real Estate Investment Group
    Mar 22 2024
    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, the founder of Generations of Wealth Global. And today, we're chatting real estate, which is, I think, almost everyone knows you can make a couple bucks with. So, Derek, how is it going today? Derek Dombeck [00:00:50]: It's going really well, James. And, you can make a couple bucks. You can also lose a couple bucks if you do it wrong. James [00:00:56]:
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    56 mins
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