This week’s podcast guest is Wemimo Abbey, a 30-year-old entrepreneur already making waves in the apartment business as Co-Founder and Co-CEO of Esusu. Esusu allows lower income renters to use their rental payments to help build their credit scores to create a pathway to their personal financial health. Wemimo and his cofounder only just started the company in 2018, it is now valued at over $1 billion and used by over 50% of the nation's largest owners and operators of apartments.
Wemimo credits his journey from Nigeria to Minnesota and his mother’s hard work and focus on his education as pivotal contributions to his entrepreneurial success and desire to support underserved communities.
The story of how Esusu was started leads Wemimo to talk about the win-win-win construct built into the program. This design supports the renters, the landlords, and the credit bureau while also providing solutions for homelessness with relief programs during COVID.
The process of creating a start-up in real estate requires strong relationship-building skills. Wemimo shares how he and his partner built synergy with other companies through relationships that helped catapult Esusu to success. Don’t miss this episode with Wemimo and his timeless advice for creating a meaningful career in real estate.
Jesse Stein | Global Head of Real Estate at Airbnb
Hamid Moghadam | Co-Founder, Chairman and CEO of Prologis
Sharon Wilson Géno | President of the National Multifamily Housing Council (NMHC)
Alice Carr | CEO of April Housing
Francis Najafi | Founder and Chief Executive Officer of Pivotal Group
Doug Weill | Co-Founder and Co-Manager of Hodes Weill & Associates
Steve Kimmelman | Founder, CEO and Executive Chairman of Redwood Living
Gary Beasley | CEO and Co-Founder of Roofstock
Brad Inman | Founder of Inman
Michael Covarrubias, Chairman and Co-CEO of TMG Partners | Cyrus Sanandaji, CEO of Presidio Bay Ventures
Mark Zandi | Chief Economist at Moody’s Analytics
Daniel Radek | President of First Washington Realty
Deb Harmon, Co-Founder and Co-Chief Executive Officer of Artemis | Anar Chudgar, Co-President of Artemis
Amanda Fajak, President of Walking the Talk | Larry Krema, Managing Director of ZRG
Rick Caruso | Founder and Executive Chairman of Caruso
Stephanie Biernbaum, Chief People Officer of Hines and Doug Holte, CEO of EXP by Hines
Scott Rechler | Chairman and CEO of RXR
Colin Connolly | President and CEO of Cousins Properties
Caroline Johns | Director of Sustainability at Pembroke
Brad Dockser | CEO and Co-Founder of GreenGen
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