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Summary
Adrian Sam, a member of CBRE’s multifamily capital markets team, shares his career journey and why he chose to work in real estate. He started his career in TV video production but transitioned to the event business. However, he felt the need for real wealth building and decided to pursue a career in real estate. Adrian emphasizes the importance of building relationships and networking in the industry. He recommends joining professional organizations and attending events to connect with like-minded individuals. Adrian also discusses why he chose to work at CBRE, highlighting the company’s global reach and diverse culture. CBRE has the best data aggregation and interpretation capabilities in the industry, making them a valuable resource for accurate information and insights. They have acquired various technology companies to enhance their platform and provide comprehensive data on submarkets, pro formas, comps, and more. Their ability to provide accurate and valuable information sets them apart from competitors. Brian Corcodilos took a significant risk in changing careers and entering the real estate industry, but he has found success by constantly learning, seeking mentorship, and staying motivated. He emphasizes the importance of investing in real estate and finding mentors who can provide guidance in both business and life.

Keywords
Adrian Sam, CBRE, multifamily, real estate, career journey, networking, professional organizations, relationships, wealth building, culture, global reach, CBRE, data aggregation, interpretation, technology, acquisitions, accurate information, valuable insights, risk-taking, career change, real estate industry, learning, mentorship, motivation, investing in real estate

Takeaways
Adrian started his career in TV video production and later transitioned to the event business before entering the real estate industry.
He emphasizes the importance of building relationships and networking in the real estate industry.
Adrian recommends joining professional organizations and attending events to connect with like-minded individuals.
He chose to work at CBRE because of the company’s global reach and diverse culture. CBRE has the best data aggregation and interpretation capabilities in the industry, providing accurate and valuable information to clients.
Acquiring technology companies has allowed CBRE to enhance their platform and offer comprehensive data on various aspects of the real estate market.
Brian Corcodilos took a significant risk in changing careers and entering the real estate industry, but has found success through continuous learning and seeking mentorship.
Investing in real estate is crucial for long-term financial growth and stability.
Finding mentors who can provide guidance in both business and life is essential for personal and professional development.

Sound Bites
“I actually started my career off in TV video production.”
“Multifamily was a space that made sense to me.”
“You can’t just do it nine to five.”
“We have the best of the best across the board.”
“We’re tracking cell phone data to find traffic patterns and growth points.”
“Celebrate meetings and not listings.”

Chapters
00:00 Adrian’s career journey: From TV video production to real estate
09:18 The importance of building relationships and networking in real estate
11:20 Joining professional organizations and attending events for networking
22:06 The Power of Data Aggregation and Interpretation
23:26 Enhancing the Platform: Acquisitions and Technology Integration
25:19 Taking Risks and Finding Success in the Real Estate Industry
26:17 The Importance of Investing in Real Estate
43:01 The Value of Mentors in Business and Life

Podcast: Play in new window | Download (Duration: 52:21 — 119.8MB) | Embed

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Summary

Ken Weinstein is an active entrepreneur and real estate developer in the Philadelphia area. He is the president of Philly Office Retail, which has renovated and restored over 300 vacant properties in the region. Ken also founded Jumpstart Germantown, a community development program that trains and mentors local residents in real estate development. The program has expanded to 15 cities and has graduated over 2,500 mentees. Ken shares his journey as an entrepreneur and discusses his experience in the restaurant industry. He emphasizes the importance of confidence and trust in building a successful team. In this conversation, Brian Corcodilos discusses the importance of mission-driven work and core values in retaining employees. He also talks about his involvement in the new mayor transition in Philadelphia and the goal of bringing 10,000 affordable housing units to the city. The conversation touches on the challenges of zoning and the need for increased density to address the affordable housing crisis. Corcodilos emphasizes the importance of mentorship and learning from mistakes in entrepreneurship. Keywords entrepreneur, real estate development, community development, Jumpstart Germantown, Philadelphia, vacant properties, restaurant industry, confidence, trust, mission-driven work, core values, employee retention, mayor transition, affordable housing, zoning, density, mentorship, entrepreneurship

Takeaways

-Ken Weinstein is an entrepreneur and real estate developer in Philadelphia. -He has renovated and restored over 300 vacant properties in the region.

-Ken founded Jumpstart Germantown, a community development program that trains and mentors local residents in real estate development.

-Jumpstart Germantown has expanded to 15 cities and has graduated over 2,500 mentees.

-Ken emphasizes the importance of confidence and trust in building a successful team. Mission-driven work and core values are important in retaining employees.

-Zoning and density play a crucial role in addressing the affordable housing crisis.

-Mentorship and learning from mistakes are essential in entrepreneurship.

-Involvement in local politics can have a positive impact on community development.

Sound Bites

“You’re an entrepreneur, you’re a real estate developer, but you’re also giving back in such a massive way.”

“I wasn’t helping anybody. I was encouraging them. I was feeling better about myself because I was saying yes to folks.”

“We charge $125, and then I surprise the students on the last day on graduation day. We give that money to a nonprofit.”

“What makes Philly office retail different and why we retain a lot of our employees and retain our best employees is because we’re mission driven.”

“I’m just curious, you know, in your experience, how do you think you create housing that’s more affordable? What’s your what’s your macro broad brushstroke to that? My macro is doing exactly what Jumpstart is doing by focusing on our middle neighborhoods, not our struggling neighborhoods and not our hot neighborhoods.”

“So to start with, I acknowledge that you cannot improve a neighborhood without some gentrification. Yep. OK. I’d agree with that. So any developer that comes in and says to you, yeah, I can renovate all the vacant houses in this neighborhood, and there will be no displacement, no gentrification, that’s a lie.”

Chapters

00:00 Introduction: Ken Weinstein’s Background

01:24 From Entrepreneur to Real Estate Developer

15:25 The Birth of Jumpstart Germantown

23:40 Building a Successful Team

25:59 Mission-Driven Work and Employee Retention

30:07 Addressing the Affordable Housing Crisis

36:47 Gentrification and Neighborhood Improvement

39:35 Zoning and Density

45:12 The Challenges of Running a Restaurant

49:29 The Importance of Mentorship

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Summary
In this episode of the New How podcast, Brian Corcodilos interviews Jack McGovern, a certified public accountant and owner of McGovern & Associates. They discuss Jack’s journey in the accounting world, his decision to start his own practice, and his expertise in tax compliance and financial planning. Jack emphasizes the importance of having a plan and managing your records in order to succeed in business. He also shares insights on leadership, building strong relationships, and making quick and informed decisions. Overall, the conversation highlights the key factors that contribute to entrepreneurial success.

Keywords
accounting, tax compliance, financial planning, business ownership, leadership, decision making, relationships, time management

Takeaways
Having a plan and managing your records are crucial for business success.
Surround yourself with the right people who share your vision and goals.
Make quick and informed decisions, and be willing to adjust if necessary.
Measure the pros and cons of opportunities before making a decision.
Treat others with respect and support their growth and development.

Sound Bites
“There’s really three reasons I think they don’t make one, they’re either underfunded, two, they have a bad business or three, they’re like have bad records or something like that.”
“Well, I hope that when I say this, that when the people listen to me talk, they don’t disagree, but there’s nothing I ask the people to do that I wouldn’t do myself or haven’t done myself.”
“You have to figure out what you like to do in life and then ⁓ figure out how you’re going to accomplish that.”

Chapters
00:00 Introduction and Background
02:50 Starting a Business: Planning and Record-Keeping
11:51 Leadership and Team Dynamics
29:08 Personal and Professional Growth
35:43 Final Advice for Entrepreneurs

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Summary

Tara Torrance, owner of The Biscuit Lady, shares her journey from the real estate and mortgage business to starting a successful biscuit company. She talks about the challenges of being a young entrepreneur and the turning point that led her to pursue her passion for food. Tara emphasizes the importance of execution and consistency in business, as well as the power of social media in building a strong brand. She shares her experience of attracting customers from different states through social media and provides tips on using hashtags effectively. In this conversation, Tara shares her journey of starting a biscuit business and the challenges she faced along the way. She talks about the importance of passion and perseverance in entrepreneurship and the need to overcome self-doubt and imposter syndrome. Tara also discusses her plans for expansion, including opening a second location and potentially franchising the business. She emphasizes the importance of community support and taking care of employees by offering competitive pay and benefits. Overall, Tara’s story is a testament to the power of determination and the rewards of following one’s passion.

Keywords

entrepreneurship, restaurant industry, real estate, mortgage business, starting a business, success, challenges, passion, execution, consistency, social media, brand building, customer attraction, hashtags, entrepreneurship, starting a business, challenges, expansion, community support, employee benefits, passion, perseverance

Takeaways

Execution is key in turning an idea into a successful business. Consistency in posting on social media is crucial for brand building. Using trending audio and on-brand audio can help increase views on social media posts. Engaging with customers through comments and providing valuable responses can boost engagement. Hashtags should be relevant to the target audience and used in both the post and comments. Social media can attract customers from different locations and contribute to business growth. Passion and perseverance are crucial in entrepreneurship. Overcoming self-doubt and imposter syndrome is essential for success. Taking care of employees by offering competitive pay and benefits leads to loyalty and success. Community support is vital for the growth of a small business. Expansion and franchising can be viable options for scaling a successful business.

Chapters

00:00 Introduction to Tara Torrance and The Biscuit Lady

04:00 Transition from Real Estate to Biscuit Business

09:25 Idea Formation and Execution

14:10 Finding a Location and Setting Up the Business

21:07 Building a Strong Brand through Social Media

23:49 Attracting Customers from Different Locations

25:39 The Power of Passion and Perseverance in Entrepreneurship

28:52 Overcoming Self-Doubt and Imposter Syndrome

29:43 Taking Care of Employees: The Key to Loyalty and Success

33:19 The Importance of Community Support

38:39 Expanding and Franchising: Scaling a Successful Business