Toby Salgado is a serial entrepreneur and he talks about how he has used his sphere of influence to create 3—- 7 figure businesses.
In this episode he talks about how he got his start in real estate by working with publicly traded home builders. He discusses how after the housing crash he formed a 12 Million dollar fund and how he became a hard money lender and secured all the deals with real estate. He then talks about how he was able to buy a 73 Million dollar land portfolio from a bankrupt home builder out of Sacramento, California and how that launched his fix and flip strategy.
Highlights:
- Tap into your sphere of influence for ideas and new trends
- Bet on yourself and take massive action
- You don’t need to know “how” just “why”
- You don’t need passion to profit from whatever venture you choose
- Why you should start NOW
- Your network is your net worth–solid relationships yield opportunity
- Timing is everything when it comes to your success
I really hope you like this episode and feel free to send me an email with your comments–don’t be shy. If you loved it–tell me—if you hated it–tell me that too.
Book:
Think and Grow Rich by Napolean Hill