BiggerPockets Business Podcast - podcast cover

BiggerPockets Business Podcast

BiggerPocketswww.biggerpockets.com
Welcome to a real-world MBA, where entrepreneurs guide you through what it really takes to start, scale, and sell your own business. Your hosts: J and Carol Scott, who left careers in corporate management to launch their own house-flipping business. Every Tuesday, you'll meet a new guest and learn actionable tips for hiring, firing, marketing, raising capital and more. So whether you're looking to boost profits or bring a new idea to life, you'll come away informed and inspired. Tune in, and learn how to treat your business like a business!

Episodes

75: Acquiring Businesses Using Other People’s Money With Shawn McCoy, Tom Szold & Charlie Szold

Are you interested in entrepreneurship through acquisition (basically, buying existing businesses), but aren’t sure where to start? Want to buy a business but don’t know where the money will come from? Always wondered whether it was possible to buy a business with no money down? If so, this episode is for you! Sean McCoy, Tom Szold & Charlie Szold -- co-owners of Precision Safe Sidewalks -- walk us step-by-step through the acquisition of their company. From the acquisition channels they use ...

Sep 29, 20201 hr 10 minEp. 75

74: Using a Real Estate Business to Grow a Real Estate Portfolio With Steve Strauss

Are you looking for an awesome business opportunity in the real estate space and need some motivation to find it? Have you wondered how you can use your interest in real estate to generate additional income that you can then use to buy real estate? Or are you just looking for some motivation to start and grow a business that can generate millions of dollars per year? Whatever your motivation, this episode is for you! Steve Strauss -- founder of Sign Central -- figured out how he could build a 7-...

Sep 22, 20201 hr 18 minEp. 74

73: Building an 8-Figure Game Company in 3 Years With Chris Meade

Think you can’t come up with a million dollar (or TEN MILLION DOLLAR) idea sitting around with your buddies? Think you can’t build an 8-figure business and have a ton of fun doing it? Think you can’t build a business like this in less than three years? Then this episode is for you! Chris Meade -- twenty-something co-founder of the 8-figure game company Crossnet -- was a kid with a dream when he, his brother and a friend conceived of a new take on beach volleyball. With nothing more than a fun id...

Sep 15, 20201 hr 1 minEp. 73

72: Finding the Opportunity Through Business - Crushing COVID With Michelle Oppelt and Samantha Mooney

Ready for some solid motivation on moving forward and pushing through? Need a reminder of the passion that led you to start your business in the first place? Could you use a dose of inspiration from two business partners who clearly share the same goals and are committed to succeed together, no matter what obstacles they face? This episode delivers all that and more! Michelle Oppelt and Samantha Mooney -- co-owners of Smartycat Kids and SmartyCatTV, have had a great run. Pouring tremendous amoun...

Sep 08, 20201 hr 10 minEp. 72

71: Mastering Business Without Business School With Josh Kaufman

Have you ever wanted to get a business school education, but didn’t want to spend the tens of thousands of dollars -- and many years of your life -- going to business school? Josh Kaufman -- author of the best-selling and foundational business book, “The Personal MBA” -- is here to talk about getting a business school education without having to ever set foot in college. Josh has just released his 10th Anniversary edition of his book, and provides a wealth of knowledge for entrepreneurs at any s...

Sep 01, 20201 hr 9 minEp. 71

70: Turning a Hobby Side Hustle Into a Full Fledged Family Business With Sabrina Rosenberg

Is family front and center in your life? Do you dream of the day you can truly put family first while generating income and creating a lasting legacy? Would working alongside your loved ones, building together, be the icing on the cake? With all the uncertainty we are all currently facing, there’s no better time than now! Sabrina Rosenberg -- new owner/operator of A Childhood Store, a kid-focused company in its early stages of growth -- spent 15 years building other people’s businesses. Although...

Aug 25, 20201 hr 4 minEp. 70

69: Accomplishing It All With Editor-In-Chief of Entrepreneur Magazine Jason Feifer

Were you simply born with a never-ending desire to do more and more? In spite of this, do you sometimes get in your own way, questioning your ability to make a real impact and get things done? Ever think, “Everyone else has this all figured out, why don’t I?,” overanalyzing and second-guessing yourself when presented with a new challenge? NEWSFLASH: You’re Not Alone! For years, Jason Feifer -- Editor-in-Chief of Entrepreneur Magazine, has been an influencer with leading entrepreneurs crushing it...

Aug 18, 202050 minEp. 69

68: "Buy Then Build" Your Business With Best-Selling Author Walker Deibel

Have you ever thought about buying a business? If so, today’s episode is for YOU! Walker Deibel -- author of the best-selling “Buy Then Build” -- is here to talk about buying businesses. Not only was Walker’s book recognized as one of the top 7 books all entrepreneurs must read, but it’s currently being used in university MBA programs around the country. In this episode, Walker walks us through why buying a business is better than building one from scratch (did you know that only 4% of companies...

Aug 11, 20201 hr 23 minEp. 68

67: Thinking BIG and Raising $70 Million with Jay Reno

Have you ever thought about starting a BIG business? Ever wondered what the first steps were to raising tens of millions of dollars? Do you unintentionally impose limitations on what you think you can accomplish? Have you ever thought, “If I just had more money, I could take my idea to the next level!”? If so, this episode is for you! Jay Reno, founder of Feather, has thought BIG from the start. His entrepreneurial journey began with an idea a bit ahead of its time. When that venture didn’t work...

Aug 04, 20201 hr 5 minEp. 67

66: Leveraging COVID and Other Timely Trends to Build Wealth With John Berlingieri

Are you looking for some motivation on how to make money during this pandemic? If so, this episode is for you! John Berlingieri -- serial entrepreneur and creator of The Sanitizing Station -- tells us about how he was able to go from idea to getting sales in two months on a $20,000 product aimed at helping to protect people from Covid infection. And how he was able to overcome all the complexities of doing so during the pandemic, while supply chains were shut down and in-person workers were scar...

Jul 28, 20201 hr 16 minEp. 66

65: From 14-Year-Old Entrepreneur to National Brand With Sean Pour

Do you think you’re too inexperienced to start a business? Do you think you don’t have the required education to be an entrepreneur? Do you think you don’t have the marketing chops to create a successful venture? Do you think you don’t have enough money to launch a million-dollar idea? If so, this is the episode for you… Sean Pour—founder of SellMax.com, a national used-car buying service—tells us about how he started his business at 14 years old, in attempt to help his parents keep their busine...

Jul 21, 202056 minEp. 65

64: Building Your Brand and Getting to the Front of the Room with Erik Cabral

Do you long for the day you can leave your full-time job working for someone else? Ever think to yourself, “What if I take all this time and energy to build something for myself?!” Or are you exhausted just thinking about building a brand from scratch, starting at the bottom of the ladder and working your way up all over again? If so, this is the episode for you… Erik Cabral -- founder of creative agency On Air Brands and the entrepreneur experience PodMAX -- tells us all about his “a-ha moment”...

Jul 14, 20201 hr 10 minEp. 64

63: Full-Time Firefighting While Building a Million-Dollar Business With Lance Korhorn

Do you feel like you don’t have the knowledge and experience to start your own business? Perhaps you're looking for a way to leverage your full-time job to find the right business opportunity? Or maybe you’re looking for ideas on how to create a grassroots marketing and branding effort without a lot of out-of-pocket costs? If so, this is the episode for you… Lance Korhorn—full-time firefighter and entrepreneur—walks us through how he was able to start Ladder 34, a business focused on recycling o...

Jul 07, 202054 minEp. 63

62: Building a Massively Profitable Business Around Your Passions With Alex French

Are you looking to build a business around something you love and are passionate about? Do you want to ensure that the business you’re working on has massive profit potential? Are you concerned that you don’t know how to do both of these things simultaneously? Today’s guest tells us how he was able to blend his passion with massive profits... and how we can, as well! Alex French—co-founder of Bizzy Coffee, the most popular cold-brew coffee brand sold through Amazon and retailers—knows firsthand ...

Jun 30, 20201 hr 17 minEp. 62

61: Launching a Hands-Off 'Cash Cow' Business With Less Than $100K, Step by Step With Ashley Kehr

Have you ever thought about creating a brick-and-mortar retail operation from scratch? Ever wonder what hoops you have to jump through to get a liquor license and launch a business selling alcohol? Ever wonder how to do consumer research before opening a local store? Ashley Kehr—real estate investor, entrepreneur, and co-host of BiggerPockets' Real Estate Rookie Podcast—is in the process of building and launching a local liquor store, and she shares with us her step-by-step plan. In this episode...

Jun 23, 20201 hr 8 minEp. 61

60: Turning Your Passion Into a Scalable Business With Tammeca Rochester

On today's show, learn how to identify a personal passion and/or need, combine it with your professional skillset, and launch a business that energizes you and your community. Tammeca Rochester sits down with J and Carol to reveal the story behind Harlem's first and only indoor cycling studio, Harlem Cycle. From the genesis of her idea, to hiring contractors and renting space, to her pricing strategy focused on "packages and commitments," Tammeca shares a ton of great tips for anyone looking to ...

Jun 16, 20201 hr 4 minEp. 60

59: A Sweet Deal: Buying a Chocolate Company With No Money Out of Pocket With Ryan Novak

Have you ever thought about taking over an existing business? Would you like to purchase a business with no money out of your pocket? Have you ever considered what it would take to expand a local business nationally? All these questions—and more—are answered on this week’s podcast. Ryan Novak, owner of ChocolatePizza.com, graduated college and then went back to buy the small, local chocolate shop that he had worked in since he was 14 years old. He negotiated a no-money-down deal that left him as...

Jun 09, 202051 minEp. 59

58: Elevating Your Business & Investments in 3 Words With Josh McCallen

What differentiates good businesses from great businesses? What is that thing that keeps your customers coming back time after time? How do you ensure that your product or service really stands out from your competitors? More times than not, it’s providing an amazing customer experience. In fact, today’s guest has built his eight-figure business on this principle alone. And he tells us how we can do the same in our business. Josh McCallen—entrepreneur, investor, and business owner—has built his ...

Jun 02, 20201 hr 15 minEp. 58

57: Negotiating with Joe Exotic and Buying "Tiger King" Merchandising Rights with Tim Shiner

We've all heard the adage about the importance of multiple streams of income. Today's guest takes that idea to a whole new level... From patents to books to real estate to businesses to licensing royalties, Tim Shiner is truly an investing and business Renaissance Man. And his most recent project is his biggest yet! On this episode, Tim tells us about how—as a "professional opportunist"—he has created dozens of income streams, how he manages his time to juggle all these projects, and most import...

May 26, 20201 hr 19 minEp. 57

56: From Poverty to Millions Through Laundromats with Dave Menz

If you've found this show, you probably have that entrepreneurial itch... and you've probably wrestled with just how to turn that impulse into action. Well, that transition is exactly what today's show is about... so don't miss it. Our guest Dave Menz shares his journey from poverty, to a corporate career, to taking the plunge into business and turning a struggling laundromat into a cash-flowing asset producing generational wealth (then scaling up). And Dave pulled this off with no formal busine...

May 19, 20201 hr 6 minEp. 56

55: Moving Your Competition Out of the Way While Spending Nothing on Marketing with Ryan Welch

Are you looking for ways to increase your profitability while spending less on marketing and customer acquisition? Are you running a business where differentiating yourself from the competition is downright difficult? Do you feel like the only way to build your brand and business is to spend ridiculous sums of money on marketing and advertising? If so, this episode is for you! Ryan Welch—of Breezy Moving—is not a professional marketer or advertising guru. But he has used his expertise in creatin...

May 12, 20201 hr 8 minEp. 55

54: $4M in Revenue in 6 Months Through Software & Licensing with Brennan Tolman & Nik Krohn

Have you figured out a good business model that is consistently making money but don’t know how to expand? Itching to take your local business national? Ready to put your business on auto-pilot, generating recurring income while others do the work? If so, this episode is for you! Brennan Tolman and Nik Krohn—founders of Tolman Media—were in that same boat just a couple years ago. They had grown their local wedding photography business in Salt Lake City and were ready to expand. But they quickly ...

May 05, 20201 hr 11 minEp. 54

53: Fixing All Your Business Problems, One at a Time with Mike Michalowicz

Are you overwhelmed with all the things you’re falling behind on in your business? Not sure what to do next? Have you been taught to believe that as business owners, we need to tackle all of our business issues at once? Well, it doesn’t have to be that way! Michael Michalowicz—author six books, including the newly released Fix This Next—knows firsthand what it’s like to struggle with too much to do and not enough time to do it. And on this episode, he teaches how we can evaluate and prioritize t...

Apr 28, 202051 minEp. 53

52: Murder Scenes, Meth Labs, and 27 Franchises with Laura Spaulding

Not happy in your current career? Looking to do something entrepreneurial but don’t know where to start? Well, maybe this is the inspiration you need to build something HUGE! Laura Spaulding is a former police officer who was ready to forge her own future. Using the experience, knowledge, and insight she got working undercover, she decided to start her own business focused on cleaning up crime scenes, meth houses, and a host of other environmental hazards that many of us don’t have the stomach f...

Apr 21, 20201 hr 6 minEp. 52

51: Business Opportunity Is Knocking… Answer the Door! With Nigel Guisinger

This show is a wake-up call for young and hungry entrepreneurs. The main message: there is a massive wealth transfer underway in this country. An entire generation of business owners is reaching retirement age, and most don't have a clear succession plan in place. So... who takes over these successful businesses? Why not YOU? That's the topic of today's show with Nigel Guisinger, an Oregon-based real estate investor who's also owned an appliance store, a glass company, and a laundromat among oth...

Apr 14, 20201 hr 20 minEp. 51

50: The Disaster Loans That Could Save Your Business -- and Why You Should Apply Now with Angela Venti and Mike Regina

Today: Everything you need to know to get YOUR slice of $349B in emergency small business loans. You'll learn which SBA disaster loans are available now, what the terms are, and -- most importantly -- how to apply ASAP. Yes, there's a lot of money out there for businesses hurt by coronavirus. But the rollout of these programs has been messy and chaotic. Banks aren't used to lending so much money, so fast... with such little due diligence. So it's crucial to know what you're doing when you apply....

Apr 07, 20201 hr 9 minEp. 50

49: Coronavirus: Rising to the Challenge for Social Good with Stephanie Howard

During this unprecedented, uncertain time, here's a CHALLENGE for us all to collaborate for social good TOGETHER. What are others doing during this difficult time to help their communities? What can YOU be doing to make a difference today? On this episode, Stephanie Howard—owner of How and Why—joins us today from her industrial design studio. As an international award-winning designer of wearables for companies such as Nike, New Balance, and Reebok, Stephanie started her own firm nearly a decade...

Mar 31, 202052 minEp. 49

48: Shuttered, But Still Writing Checks to 100+ Employees: the View from the #1 College Bar with Bret Oliverio

On today's episode -- a "bad business decision" that simply had to be made... and a microcosm of what's happening to small businesses across the country right now. Bret Oliverio—owner of Sup Dogs, voted the #1 college bar in the country in a Barstool Sports poll, had a bittersweet start in the restaurant business, committed to carrying on his brother’s legacy. With absolutely no experience in the space, he and his wife worked tirelessly to build a thriving business employing 120 people, encompas...

Mar 24, 202053 minEp. 48

47: Coronavirus: Business Strategies to Adapt, Dangers to Heed, and Opportunities to Watch for With Andrew Sherman

COVID-19 has presented challenges for all of us—not the least of whom are those who own a business or are in the process of starting, growing, or scaling a business. In order to provide as much support and insight to our listeners as possible, we recorded this episode yesterday with Andrew Sherman, a prominent Washington, D.C. attorney, business school professor, and author of 26 books on every aspect of business. Andrew shares his thoughts on where the economy goes next (will this economic even...

Mar 17, 202052 minEp. 47

46: From Flea Filled Trailer to Flipper to Master Franchiser with Logan Hand

Do you feel like you’re too young to take on huge business challenges? Are you trying to figure out the best way to break into entrepreneurship but want the support of a big team behind you? Have you considered franchising but are looking for something a little bit bigger—that also won’t break the bank? After this episode, you will find that you have a whole new perspective on what’s possible with scaling up a built-for-you system. Logan Hand—master franchise developer for the new restaurant con...

Mar 10, 20201 hr 1 minEp. 46
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