Entrepreneurship Archives

The BRRRR Method: Examples of Each Step

Is the BRRRR method difficult to master? What are some BRRRR method examples that make it easier to understand the process? Many real estate investors are opting to use the BRRRR method coined from David M. Greene’s book, Buy, Rehab, Rent, Refinance, Repeat. It can be a little daunting to invest so much money with a method you’ve never used before, but there are BRRRR method examples that you can follow. Let’s take a look at an example of the BRRRR method that walks you through the different stages of the model.

The BRRRR Method of Investing Explained

The Millionaire Next Door and Wealth Building

What is the BRRRR method? How can you use it to make more money renting out properties? In the book, Buy, Rehab, Rent, Refinance, Repeat, real estate agent David M. Greene explains how investors can gain more income if they use his BRRRR method. This strategy differs from a traditional method of investing by flipping distressed houses and refinancing them to buy another property. Keep reading to see if the BRRRR method is the right investment strategy for you.

Business Complacency: Stockholder Meetings Matter

What happens when stockholders don’t care about anything other than making money? Why should they attend annual stockholder meetings? Business complacency often happens once a company has achieved success. John Brooks warns against this apathy—particularly from stockholders who take little or no interest in business decisions—as it can cause you to be blind to internal weaknesses and external threats. Keep reading to learn more about complacency on the behalf of stockholders and the importance of annual stockholder meetings.

Tips for Public Speaking Anxiety: Managing Your Nerves

Do you suffer from public speaking anxiety? How can you make your nerves work for you, and not against you? When it comes to public speaking, anxiety comes with the territory—it’s normal to feel anxious when the stakes are high. Moreover, a little anxiety can provide an energy boost, which can be great for your speech. So, you shouldn’t try to eliminate your anxiety, but instead, make it work for you. Here are some tips for public speaking anxiety and an adrenaline-powered confidence boost.

Is Managing Rental Properties Right For You?

Are you considering managing your own rental properties? What are the pros and cons of being a self-manager? If you’re looking into renting your properties, you’ll need to decide if you want to manage them yourself or hire someone else to do it. In Buy, Rehab, Rent, Refinance, Repeat, real estate agent David M. Greene states the pros and cons of each option, plus the responsibilities you’ll face if you decide to manage rental properties yourself. Continue reading to get a better sense of what it’s like managing rental properties.

Playing to Win: Book Review and Critical Reception

Is Lafley and Martin’s Playing to Win worth reading? Are the tips in the book still relevant today? In their book Playing to Win, former CEO A.G. Lafley and consultant Roger Martin explain the steps for developing a successful business strategy. When the two worked together at Procter & Gamble, they used this approach to double the company’s sales and market capitalization. Here’s our Playing to Win book review, including background and critical reception by the readers.

Making the Most of Real Estate Networking

How to Communicate Effectively in 11 Steps

What are the connections you can make out of real estate networking? How can meeting other real estate professionals improve your business? In his book, Buy, Rehab, Rent, Refinance, Repeat, real estate agent David M. Greene says that in order to build your investment “Dream Team,” you need to start by doing some real estate networking. By putting your name out there, you’ll make connections with real estate agents, lenders, contractors, property managers, and vendors. Keep reading to learn how to start real estate networking and how you can build a team from it.

Playing to Win: Cascade Strategy Overview

Companies With Successful Business Strategies

What is the Strategic Choice Cascade strategy from Playing to Win? Why do companies struggle to employ this strategy in practice? In Playing to Win, the cascade strategy involves answering five questions, each leading to the next like a cascading waterfall. If used properly, the cascade strategy can help your business succeed. However, there are many misconceptions about this strategy that prevent businesses from adopting it. Keep reading to learn about Lafley and Martin’s Cascade Strategy, how it works, and some common misconceptions around it.

A Guide to Finding Your Target Audience in Marketing

Are you trying to find your target audience in marketing? How do you choose the demographic that fits you the best? In their book Playing to Win, former CEO A.G. Lafley and consultant Roger Martin explain that there are five questions you should ask yourself when choosing your target market. They also share the most common pitfalls and advice on how to avoid them. Here’s how to choose the right target market for your business.

Company Vision Statement: Charting the Future

Do you want to make a company vision statement? How do you envision the ideal future of your company? When putting together a vision statement for your company, you need to consider not only what purpose your company serves, but also what winning would look like for your business. You need to think about more than what your company does, but why you do it. Here’s how to chart the future of your company.