Scott Simons is the General Manager and Managing Partner of Valley Chrysler, Dodge, Honda, Jeep, Nissan, Ram, Subaru, VW. Not only has he mastered the automotive space, he is an investor and business owner of 25 ventures, including sports complexes and an organic chicken farm.
"I look at the look at the horse. I look at the person involved, and then rank them, the return of the investment, and how quick will I get that money back? You've got to look at how long will your capital be tied up. And then rank them based on risk...As my S-Corp builds up cash, I deploy that cash out, I don't want cash sitting in the bank...I keep myself broke...because if it sits there, it gets dormant, I'll get lazy. I don't want to ever become comfortable. So, the strategy keeping yourself broke you... keeps you hungry, you know, keeps me going. If you don't know me, I'm not gonna invest with you." Scott Simons on investing and keeping his bank account empty
The guys talk about his journey and his formula for success. This is an episode you'll want keep coming back to. He doesn't hold back and gives insight on how he stays motivated and how this winner continues to win.
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Daniel Blue's Book:
B.L.U.E. Print to Your Best Retirement: How to Access Your Retirements Account Penalty and Tax-Free
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