In this episode, Jeannette talks to Rob Slowen who owns several diverse businesses and has a property portfolio of 21 residential units. He has experience of taking start-ups from zero to generating millions in revenue.
Working as a pharmacist locum enabled him and his partner to travel, gain experience and explore various business models before setting up their own companies. Rob tells Jeannette about some of the issues they have faced as well as sharing details of their achievements. Including why buying abroad went badly wrong for them and how they got out of that situation. They talk about why Rob has decided to exit his business. Including, what he has done over the past few years to enable him to do so in the best way.
KEY TAKEAWAYS
Setting up businesses and multiple streams of income is hard work. But, in time, it provides you with a high level of freedom.
Don´t be afraid to take calculated risks.
Considering what would happen in the worst-case scenario will help you to make the right decision.
Most of the time, you can go out and get a day job if something goes wrong.
Side hustling is a good way of starting a business and hedging your bets. Ideal for the more risk-averse.
Putting together a business plan will get you there sooner. It does not have to be a complicated document.
Exiting a business is an emotional thing. It is also an event that needs to be planned carefully and in advance.
Take the time to prepare everyone for your leaving and to find the right buyer.
If there is something you want to do, provided it is realistic, you should do it.
Be accountable when things are not going well.
BEST MOMENTS
‘You just know that you are going to run your own business. It´s in your DNA. ´
‘Take calculated risks.’
‘Never buy off-plan, there´s just too much that can go wrong.’
This is the perfect time to get focused on what YOU want to really achieve in your business, career, and life. It’s never too late to be BRAVE and BOLD and unlock your inner BRILLIANCE. If you’d like to join Jeannette’s FREE Mastermind just DM Jeannette on info@jeannettelinfootassociates.com or sign up via Jeannette’s linktree https://linktr.ee/JLinfoot
EPISODE RESOURCES
Rich Dad Poor Dad by Robert T Kiyosaki
ABOUT THE GUEST
Rob Slowen is a multiple business owner and property investor. He had a proven track record of delivering 20x revenue and profitability growth in start-up and scale-up tech businesses. As CEO of iPlace Global Ltd, he took this “Compare the Market” style moving services comparison service up to the point where it was generating £6m+ revenue. Doing so in just 6 years. Before this, he played a leading role at PinLocal. There he developed and deployed new tech to enable conveyancers to find new customers and successfully manage each of them. In just 12 months he built a 21 residential single-unit property portfolio and was involved in running a successful self-storage business, which he and his partner Amy bought in 2014.
ABOUT THE HOST
Jeannette Linfoot is a highly regarded senior executive, property investor, board advisor, and business mentor with over 25 years of global professional business experience across the travel, leisure, hospitality, and property sectors. Having bought, ran, and sold businesses all over the world, Jeannette now has a portfolio of her own businesses and also advises and mentors other business leaders to drive forward their strategies as well as their own personal development.
Jeannette is a down-to-earth leader, a passionate champion for diversity & inclusion, and a huge advocate of nurturing talent so every person can unleash their full potential and live their dreams.
CONTACT THE HOST
Jeannette’s linktree
https://www.jeannettelinfootassociates.com/
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Travel, Bold, Brilliant, business, growth, scale, marketing, investment, investing, entrepreneurship, coach, consultant, mindset, six figures, seven figures, travel, industry, ROI, B2B, inspirational: https://linktr.ee/JLinfoot