The Diversify Show with Eric Lindsey
Looking for inspiration to elevate your business journey and personal development? Join us on the Diversify Show, where we spotlight high achievers who have successfully built businesses, investment portfolios, real estate businesses, and achieved massive success within various industries ranging from sports to academia. We place a strong concentration on the "how-to" side of things and personal development so that we can share in their success within our own lives as well. Tune in for expert interviews, practical tips, and the motivation you need to thrive as a high achiever.
The Diversify Show with Eric Lindsey
How To Successfully Operate an Assisted Living Facility on the Side of W-2 Income with Brandon Gustafson Part 2
Episode Summary:
In this insightful episode, our guest discusses the crucial balance between advancing his business interests, particularly in the assisted living sector, and maintaining a rich personal and family life. He shares strategies on communication, time management, and setting priorities to ensure both business success and personal fulfillment.
Key Points:
- Communication as a Keystone:
- Effective communication across all areas—business operations, family, and personal commitments—is vital for success and harmony.
- Strategic Time Management:
- Weekly planning sessions help balance important work projects and family activities. Regular 'daddy-daughter days' and dedicated family evenings are part of the routine.
- Work-Life Balance:
- Commitment to not working Sundays and reserving it for church and family, showcasing the importance of setting clear boundaries for work and personal time.
- Efficient Work Habits:
- Leveraging natural tendencies, such as being a night person, to maximize productivity without sacrificing family time.
- Investing in Real Estate:
- Detailed recount of acquiring assisted living facilities, emphasizing the importance of specialized brokers and understanding financial metrics like cash on cash returns and ROI.
- Detailed recount of acquiring assisted living facilities, emphasizing the importance of specialized brokers and understanding financial metrics like cash on cash returns and ROI.
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Website: ericlindseydiversify.com
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