Episode 8: On this episode of Pursuit of Profit, Cliff and Justin discuss WeWork's recent filing for bankruptcy and its founder, Adam Neumann, who left the company in shambles. Although WeWork never made a dollar, Neumann's worth is more than a billion dollars. This bankruptcy will affect commercial and residential real estate leaving thousands of property owners with more empty space. Take a listen...
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Timestamps:
02:00 - What inspired Adam Neumann
05:00 - How WeWork failed
23:52 - What Adam Neumann is doing now - FLOW
34:15 - Real estate today
44:30 - Franchising communal work space - salon vs office shared space
52:35 - Services as a franchise that don't fail
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Links:
* Franocity
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Welcome to "Pursuit of Profit," the raw and unfiltered podcast where Cliff & Justin pull no punches to guide aspiring entrepreneurs, business owners, and franchisees on their journey to create wealth, financial abundance, and ultimate personal growth. If you're seeking sugar-coated advice and constant reassurance, this podcast may not be for you. But if you crave unapologetic honesty and a dose of tough love, then you've come to the right place.
