“The person that is doing the job that you have, do they have the right experience?  Do they have the right qualification or it's just a body?” - Ron Escoffery.  

In today's episode of African-American Busines Owners Podcast: Building True Wealth with your host, Ron Escoffery. He’s gonna talk about why and how you should choose the right people for your business.

Tune in to this podcast and learn the importance of employees, teams, and systems in your company. And see how it will help you become a financially successful business owner and build personal wealth for yourself!

Episode Highlights

[02:26] Biggest Challenge in Entrepreneurs 

[02:43] Reasons why we want to be Entrepreneurs 

[05:23] People, System, and Money: The Three Biggest Challenges for Minority Business 

[11:05] Why it is Important to train our Employees

[15:31] No Man is an Island: Ron’s Thought on Team and Business Owners with Mentors

[17:51] Questions that you should start asking yourself

Links:

Website: www.ronescoffery.com

Email: ronescoffery@gmail.com

LinkedIn: Ron Escoffery

Facebook: Ronald Escoffery

Twitter: Ron Escoffery

Episode Highlights

• [00:45] Wealth Inequality: Why do the gaps keep getting wider?
• [05:40] Why you should unfollow the Joneses and the Gurus
• [10:30] Being clear of your lifestyle and what you really want
• [11:58] The Difference Between ‘Buying’ and ‘Affording’
• [13:37] The Truth Behind Saving Money
• [17:36] What does it really mean to be WEALTHY or just acting rich?
• [18:53] How can you tell if it's working?
• [24:07] The Reason Behind this Podcast

Links:

Website: www.ronescoffery.com

Email: ronescoffery@gmail.com

LinkedIn: Ron Escoffery

Facebook: Ronald Escoffery

Twitter: Ron Escoffery

Topics Covered:

• Those that came before us put in the work. [0:36]
• Opening remarks [1:24]
• Putting in the work allows you to make progress. [2:44]
• What does the destination look like? [4:26]
• Most of us are busy putting together information to start preparing our taxes. [5:17]
• Some of us may not have a person to keep us on track. [6:55]
• You want a business that supports your lifestyle. [7:45]
• The first step is to get clear on why you are in business. [9:00]
• The second step is to determine today what resources you have and what you need. [10:54]
• The third step is to decide what business you want to get into. [12:15]
• What business can become a self-managing business? [13:55]
• Every time you read about wealthy people, you can’t avoid hearing that real estate is a big part of their portfolio [15:15]
• Closing remarks [16:06]

Connect with Ron Escoffery:

• ronescoffery.com
• ronescoffery@gmail.com
• (404) 626 1425

Don’t miss the next episode! Subscribe to the African-American Business Owners Podcast on SimpleCast or register here https://bit.ly/SubscribetoRonEscoffery.