Nov 23, 2021
American entrepreneurs are facing a triple threat: rampant inflation, higher interest rates, and higher costs of capital for businesses. There’s less safety in bonds, stocks are likely to fall, and expenses are all but guaranteed to increase. As the saying goes, the only constant in life is change, and there are a lot of economic factors that appear to be changing right now.
To help me dissect these issues, I’m talking with Don Wenner of DLP Capital. Don has made a ton of progress in his business since we last spoke on episode 46 of this podcast. He’s added over 100 members to his team, is on the verge of acquiring a bank, and has made a number of big moves to keep his organization moving forward and best serve his clients. In his bestselling book, Building an Elite Organization, he explores how to scale high-growth, high-profit businesses.
In this conversation, we dig into the challenges facing business owners in this time, the moves he made in the last 18 months to grow his business in spite of the COVID crisis, the impact that interest rates and skyrocketing values is having on the housing market, and the importance of having real strategies to operate in a recessionary environment.
In this podcast interview, you’ll learn:
- How Don has dealt with the challenges that inflation poses to his business.
- Why rents and property values are currently skyrocketing like never before.
- How the current housing market is impacting both the younger and older generations, and what that means for the rental market.
- The reasons why Don invests in communities and not just single family or multifamily properties.
- Why so many people are jumping into the real estate industry despite not knowing what they’re doing.
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To get a full recap of today's conversation, including the biggest takeaways, transcripts, and links to all the resources mentioned, visit GuidedRetirementShow.com/55
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