In this episode of Profit First for REI podcast, we have Ted Manahan. Ted is an engineering graduate turned real estate investor in the Bay Area in California.
He talks about the money mindset that hindered him from growing his business and how he overcame it. Ted also talks about how his significant other has gained from Profit First and shares some great culture on the road to financial freedom.
Listen and enjoy the show!
Key Takeaways:
[00:41] Introducing Ted Manahan
[07:02] The Saver Mindset
[09:30] How the “Scarcity Mindset” hindered Ted
[14:42] Finding and Treating Employees
[18:33] Protecting the culture inside the company
[22:19] Ted's book recommendation
[25:33] Talking more about his business
[31:09] Connect with Ted Manahan
Quotes:
[07:54] “I was always saving money, always. For me it was freedom, it was to get away from a situation that was not ideal.”
[13:27] “You have to standardized process. As you do the process, you are going to learn how to do it better.”
[17:23] “Once they are there in your company, train them. Give them the tools. Give them ownership.”
Connect with Ted:
Website: https://www.bayhomebuyers.com/
Tired of living deal to deal?
If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. – David
