fbpx

February 19, 2020

Learning From a Natural-Born Entrepreneur and Real Estate Investor, with Jack Gibson

Episode 141:

Jack Gibson began his entrepreneurial journey at 19, and founded his first company at the ripe old age of 21. Operating a successful nutrition consulting and distribution company, he had built a multi-million dollar venture before he was old enough to rent a car.

Soon thereafter, he bought his first home as an investment. One quickly became five, and then the bug hit. He became obsessed with learning everything about Real Estate Investing and soon had over 50 investment properties generating passive income. Today, Jack spends his time mentoring other entrepreneurs, building his real estate investment portfolio, and helping other investors to build a brighter future through the power of turnkey real estate income.

What you’ll learn about in this episode:

  • Why Jack always wanted to be an entrepreneur and got started at a young age, turning his first attempt into a million-dollar business by the time he graduated college
  • Why Jack turned to real estate as an investment strategy after a hedge fund manager caused his company’s stock value to drop by 30% after a single phone call
  • How Jack’s business partnership was born and how he and his partner scaled their business and created a brand
  • Why Jack considers his best investment ever to be giving up 50% of his equity in his company to bring in Jeff Schechter as his business partner
  • How Jack has dealt with challenges, bumps, and roadblocks on the path to his business’s growth and success
  • Why Jack focuses more on cash flow than on property appreciation, due to the stable market he is operating in within the Midwest
  • How Jack balances the complexity of running two very different businesses, and how he and Jeff scale the business
  • Why Jack still makes mistakes and has struggles, and how he uses those mistakes as learning opportunities and a chance to add new systems and streamline his efforts
  • Why Jack looks for mentors in every area of his life who have proven their ability to achieve the results he wants
  • Why team-building and having strong, successful relationships with the people around him have been the key to Jack’s success and his ability to scale his business

Resources:

Jack Gibson’s Recommended Reading List:

Additional resources: