Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Family vs. Business: How to Navigate Risky Partnerships | EP. 6

Family vs. Business: How to Navigate Risky Partnerships | EP. 6

FromThe FasterFreedom Show: Change the Way You Think About Freedom


Family vs. Business: How to Navigate Risky Partnerships | EP. 6

FromThe FasterFreedom Show: Change the Way You Think About Freedom

ratings:
Length:
25 minutes
Released:
Aug 12, 2022
Format:
Podcast episode

Description

You've probably heard people say that you should not mix family with business. It's because working with friends and family can be risky. But there's also a risk when hiring somebody you don't know. So the question is, how much risk are you willing to take? And when things don't go well with that friend you hired, how do you terminate the business partnership and still be friends?
In today's episode, Sam and Lucas share what they've done, how they have partnered with some of their closest friends and family, and the results. After hearing their story, you can decide if it's the right thing to do. 
We’re giving away 2, all-inclusive sets of tickets for a full day and night with us worth $10-20,000! Get the chance to fly from anywhere in the country to our office in St. Louis and spend the entire day with us, plus a little dinner on the side, before we fly you back the next day. Enter to win https://upvir.al/135682/lp135682 (here).
“We're buddies doing business together, and we think you should do business with your friends as well; if you have the right culture and expectations, it's a home run.”
- Sam Primm
In this Episode:
- Setting proper expectations when working with friends and family 
- Getting the right person in the right seat
- The challenges of working with friends and family
- Partner deals that Sam and Lucas have engaged in with their closest friends and family members


Resources:
-https://www.freerentalwebinar.com/home1649452566716 ( Rental Webinar Masterclass)




Connect with Sam and Lucas:
-https://fasterfreedom.com/ ( Website)
-https://www.instagram.com/samfasterfreedom/ ( Instagram)
-https://www.facebook.com/SamFasterFreedom/ ( Facebook Group)
-https://www.linkedin.com/company/faster-freedom/ ( LinkedIn)
-https://www.youtube.com/channel/UCQ0PT_ukTeNVAr0XPiSX2Lw ( YouTube)
-https://www.tiktok.com/@samfasterfreedom ( TikTok)
Released:
Aug 12, 2022
Format:
Podcast episode

Titles in the series (100)

It’s time to take control of your future and secure monthly cash flow. Not talking about your annual raise or getting a bigger bonus check, either. We’re talking substantial wealth that can transform your life and the generations that come after you using the power of real estate investing. If you have been plugging away at the same job for years and feel like you should be way further along by now, making substantially more money, You are not alone. So many people regret not taking action sooner, so they stick with the dead-end job and nothing ever changes. But the good news is it’s not too late, and by listening to Ordinary Guys, Extra Ordinary Wealth you’ll already be well on your way to financial freedom. Ordinary Guys, Extra Ordinary Wealth is going to teach you the exact methods that have helped hundreds of people go from making their first investment with no experience, to multi-millionaires with incredible portfolios that generate monthly passive income… and the best part, they did this without using any of their own money. Your hosts, Sam Primm and Lucas Walls started investing in real estate on the side, just like you. These two took their venture from side hustle to full-time job, and now own $40 million in rentals and counting (without using any of their own money). That has blossomed into an umbrella of industry-related companies that enhance and support their ventures. And really, they’re just a couple of normal millennial guys from the midwest! If you’re ready to take control and learn real estate investments the simple way, join the passive wealth club, grow a multimillion dollar portfolio, and even have fun doing it, Ordinary Guys, Extra Ordinary Wealth is a must-listen podcast. Follow the show now so you don’t miss a single episode.