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Get Diversified Podcast
EP# 97.2 | Bank Forced Me to Buy a Failed Gas Station | Max Shah
Episode Title: Bank Forced Me to Buy a Failed Gas Station
Description:
"We've seen your track record. You'll figure it out."
That's what the bank told Max Shah when they forced him to buy a failed gas station with 20 owners in 20 years, despite Max having ZERO gas station experience.
Most people would run. Max took the deal.
What happened next is remarkable:
→ Lost money for 2 years while learning the business from scratch
→ Went to Walmart to buy inventory (he didn't know where else to get it)
→ Ordered 10,000 hand sanitizers (4¢ each) and 20,000 masks (2¢ each) in January 2020
→ Became a local hero by donating supplies to hospitals during the pandemic
→ Pivoted to multifamily real estate and closed his first deal in 19 days
→ Built an empire on the lessons learned from failure
Max's philosophy: "You're just one more try away from succeeding. Never give up."
This episode is packed with lessons on resilience, creative problem-solving, and turning obstacles into opportunities.
Connect with Max Shah: 📱 Phone: 860-840-7424 📘 Facebook: Max Shah
Key Topics: Failed business, gas station, real estate investing, multifamily, COVID-19 pandemic, owner financing, supply chain, entrepreneurship, resilience, never give up
Host: Melvin Landry | More-Land Equity Capital | Get Diversified Podcast
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