17 min listen
This Pro Skater Had a $70M Exit and Now Runs a Real Estate Fund | Mikey Taylor E148
This Pro Skater Had a $70M Exit and Now Runs a Real Estate Fund | Mikey Taylor E148
ratings:
Length:
89 minutes
Released:
Feb 13, 2024
Format:
Podcast episode
Description
Rich sits down with Mikey Taylor- Serial entrepreneur and former professional skateboarder. Mikey Taylor is the President and Managing Principal of Commune Capital, a private equity firm that invests in commercial real estate. After a successful 14 year skateboarding career, Mikey began the transition into entrepreneurship and business building, when he recognized an opportunity in the emerging craft beer industry. He utilized his marketing experience from skateboarding to co-found Saint Archer Brewery. Rich and Mikey discuss what it was like growing up skateboarding and going pro, his experience starting Saint Archer Brewing, and some key takeaways on building a successful business. Mikey also shares a hilarious story of a recent viral video with 2 skateboarders bringing their concerns to him at a City Council Meeting. Rich and Mikey then talk about his pivot into commercial real estate investing, raising money for funds vs. syndications, self-storage, multifamily and ground-up development. They dive into how Mikey built his business, Commune Capital, strategies with investors, and some of the biggest risks he faces with his projects. Mikey also shares what he’s most excited for in 2023 and his biggest motivation for getting out of bed in the mornings. Connect with Mikey on Instagram: @mikeytaylor--Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.
Released:
Feb 13, 2024
Format:
Podcast episode
Titles in the series (100)
You Are the Sum of the People You Hang Out With | E1 by The Rich Somers Report