Real Estate Investing & Staying Motivated ft. Mikey Taylor (Part 2)
Summary:
Do you know anyone who has successfully applied the lessons learned competing in extreme sports to the business world?
We have with us today, serial entrepreneur and former professional skateboarder Mikey Taylor who is President and Managing Principal of Commune Capital, a private equity real estate investment firm.
After fighting all odds to rise to the top of the professional skateboarding world, when injury derailed all his plans…Mikey showed his resilience by branching out as a successful entrepreneur with Saint Archer Brewing, a business that he successfully exited in 2015.
Currently, at Commune Capital, he is focused on earning stellar returns for his investors.
In today’s show, Mikey talks about product differentiation, marketing, resilience, and risk taking.
Be it skateboarding or business – you will learn the importance of staying in consistent, peak performance mode.
We hope you enjoy this show!
Key Takeaways:
- 55:07 – Dealing with investors, and setting their expectations right
- 01:05:10 – The secret to enjoying a fulfilled, joyous life – delegation
- 01:18:01 – What does Mike do on a daily basis to stay motivated?
- 01:24:21 – Is it harder for a successful parent to raise their kids in the right manner and give them the right values?
- 01:35:19 – Get in touch with Mikey!
Quotes:
“Skateboarding built up a work ethic in me, that was in some regards, unstoppable”.
“We're creating a brand that represented California through our lens…which was skate, surf, music, art culture”.
“How do you how do you make money…create your knowledge. Your knowledge will create money for you”.
“I'm going to fight for them. I'm going to I'm going to wake up early, I'm going to grind. I'm going to make sure all my decisions are calculated”.
“And so, whether you're a fund manager, or you're syndicating…whatever…things happen. There are things that happen and deals are going to be out of your control. And they're out of our control”.
“Nothing goes according to plan ever, right? You try as hard as you can to plan for the unexpected. But you don't know what the unexpected is until it happens”.
“And you will never build anything without putting people in place, and ultimately relinquishing control, and allowing people to succeed and potentially failing and you being responsible for it”.
Resources:
Mikey:
Ben:
Instagram: https://www.instagram.com/therealbenreinberg/
LinkedIn: https://www.linkedin.com/in/benreinberg
Twitter: https://twitter.com/realbenreinberg
FB: https://www.facebook.com/TheRealBenReinberg/
TikTok: https://www.tiktok.com/@therealbenreinberg
Check out Ben's firm, Alliance, here: https://alliancecgc.com/
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