The Brass Tacks Blueprint to Becoming a Next-Level Business Leader featuring Vu Tran Summary:
Is your business stuck in a rut? Far from scaling your current operations, are you just struggling to maintain your existing revenues?
On today’s show, we have with us former real estate investor, leadership coach, and serial entrepreneur, Vu Tran who shares with us his distilled wisdom on identifying the next big opportunity, managing large operations, and leading by example and inspiration.
You will learn about Vu Tran’s Marine background, and how it is helping him manage his business and life with integrity and courage.
His thoughts on leadership and scaling business operations will surely inspire you to revisit your current approach.
From shedding your imposter syndrome to how to successfully pitch to building trust and authority, this show is full of golden nuggets to help you evolve into a next-level entrepreneur.
We hope you enjoy this show!
Key Takeaways:
00:19 – Welcoming Vu Tran to the show
02:06 – How his experience in Marines is helping Vu in business and life
04:50 – Creating success from nothing – how a rough childhood helped Vu hone his life skills
09:17 – Why you can’t get ahead in life without being true to your authentic self
12:38 – Leading by inspiration, rather than intimidation
16:33 – Why most shy away from managing others and disbanding some common misconceptions
17:44 – This the biggest mistakes that leaders make as they attempt to finetune and scale operations
20:57 – How to identify the next big opportunity
25:38 – Vu shares how he has managed to scale up his Everbowl franchises
27:45 – What motivates Vu to devote time to his real estate investing business?
29:33 – How to get creative with your real estate financing
32:36 – Why investing in real estate can be hugely beneficial in an inflationary environment
35:38 – The hidden key to making a successful pitch
39:13 – How to build authority and elevate your status
45:05 – This is what you need to do if you are struggling to raise equity
47:59 – Can you be confident and humble at the same time?
53:00 – How to shed your imposter syndrome once and for all
56:00 – Any particular moment in life when Vu failed to own it?
57:42 – How does Vu manage to run his business in a seamless manner?
01:00:59 – Vu’s advice to his sixteen-year-old self
01:01:44 – What would Vu eat if it were his last meal on earth?
01:02:46 – Vu’s all-time favorite musician
Quotes:
“I think the Marine Corps has really mastered leadership development when it comes to the leadership traits and the leadership principles and having your core values of like honor, courage, and commitment”.
“And I learned that everybody just needs to create their own lane. And you can't box people in, or else they won't be their authentic selves. So, it doesn't matter if I'm with you or with my family, I'm the same person. And I've learned just you need to be authentic”.
“Most people don't want to take a management role, because they don't want to manage people. But that's the most rewarding thing because it does take time. People call it babysitting, I call it, you know, your molding people”.
“You go through people from South America, from Africa, from New York to you know, South Dakota to the Bible Belt states. And what I learned is human beings are all the same. It's just different ways of moving them How do you inspire them? Now how do you lead by inspiration, not by intimidation”.
“Typically, I don't get into a business unless it funnels into my [current businesses] … unless they bleed over. I will only get into a business if it supports my other businesses”.
“The appreciation for a piece of real estate is what drives the actual value. And the cash flow, you know, what you're actually making on the cash flow is just a bonus”.
“If you don't have a track record, find someone that has a track record”.
Resources:
Vu Tran’s LinkedIn
Houz Mortgage
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