98: Build a Big Life, Not Just a Big Business: Advice from The Hosts of The Empire Building Podcast

BiggerPockets Business Podcast

BiggerPockets

Business, Careers

4.8 • 696 Ratings

🗓️ 9 March 2021

⏱️ 69 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

How do you build a business that ties in healthily with your life? While you’re trying to bring in millions in revenue, are you there for your children, your spouse, your loved ones, or even yourself? If not, why are you building the business at all? This was a main topic of discussion for the hosts of the Empire Building Podcast, Wendy Papasan, Sarah Reynolds, Seychelle Van Poole, and Vija Williams. Wendy, Sarah, Seychelle, and Vija have all grown massive real estate empires throughout their own respective markets. Now, they teach others to do the same through their podcast and their live event, Amplify. We talk through some key topics like how all these successful women juggle their business/personal lives, when the right time to say “no” is, how to grow your business, how to hire successfully, and knowing your numbers. All agree that a big part of being successful is saying “no”. That doesn’t mean turning down everything, but it does mean saying no to things that will interrupt your time with family and friends. Sarah, specifically, talks about how she was unable to put her kids to bed most nights of the week, since she was coming home at 10PM from the office. What did she do? She made it a rule to leave by 5PM. This not only helped her be there for her daughter, but allowed her team to take bigger roles. These four women all personify what it means to be successful in business and in life. Not only that, they can help you too find the best way to build a “big life” not just a big business. In This Episode We Cover Answering the classic “how do you do it all?” question Running 7-figure real estate empires Being super selective with what you say “yes” to Defining your personal mission and looking at it daily Learning the power of hiring so your business can build sustainably Figuring out the profit/loss ratio of your life And So Much More! Links from the Show Keller Williams BKCO Escrow AMPLIFY Event BiggerPockets Business Podcast 06: How to Manage Your Time Like a Millionaire With Jay Papasan Papasan Properties KWKC Check the full show notes here: https://www.biggerpockets.com/bizshow98 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Vanta.
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0:22.2	help your team stay compliant. Head to vanta.com slash Spotify to learn more.
0:28.4	Welcome to the Bigger Pockets Business Podcast show number 98. We are number one in multiple markets,
0:36.6	and it's all because I allowed for other people. So every
0:40.9	time we say no to something, it's giving someone else an opportunity to say yes.
0:52.8	Welcome to a real world MBA from the School of Hard Knocks, where entrepreneurs reveal what it really takes to make it.
1:00.0	Whether you're already in business or you're on your way there, this show is for you.
1:03.9	This is Bigger Pockets Business.
1:12.3	How's it going, everybody?
1:16.2	I am Jay Scott, your co-host for the Bigger Pockets business podcast.
1:20.8	Coming to you, not so live, but coming to you from Sarasota, Florida.
1:24.6	And I am here with my lovely wife and lovely co-host, as usual.
1:27.1	Mrs. Carol Scott, how's it going today, Carol Scott?
1:28.3	Oh, my goodness.
1:35.4	I am entirely grateful for everyone and everything that we have in our lives and very optimistic for what and who are and is yet to come. Life is so good, right? Orange blossoms are on the trees.
1:43.8	Kids are in school and they're playing
1:45.8	tennis and piano and they built a desk on their own the other day. That's amazing. I have
	...

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