Passive Wealth Strategy Show - Real Estate for Busy Pros
Business:Investing
A natural handyman, Ward built and fixed things all his life, starting in his youth when he helped his high school football coach construct a modest home, and his father rebuild his grandfather’s ranch house. The family moved often as Ward moved up the corporate ladder, building a new house each time while living on the first floor as work progressed upstairs. Out of economic necessity, he “employed” his four children and taught them construction and the value of hard work along the way. Ward enjoyed the process so much that he continued remodeling homes with his children as his crew, teaching them everything from using tools to installing sheetrock.
Ward’s philosophy of “finding something broken, fixing it, and turning it into a success,” has translated to the acquisition of myriad businesses, many in states of failure at the time of his acquisition. His first experience came through a friend of his father-in-law’s seeking a manager for a supply distribution company that turned out to be on the verge of bankruptcy. With hard work and the utilization of resources born of necessity, the business survived and eventually thrived.
[00:01 – 11:02] Opening Segment
[11:03 – 15:58] Lessons in Entrepreneurship & Life and more
[15:59 – 25:22] Turning Around 35 Bankrupt Businesses
[25:23– 34:25] Closing Segment
Connect with Ward Schraeder through https://wardschraeder.com, Facebook, and Instagram.
Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/
Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.
Join our Passive Investor Club for access to passive commercial real estate investment opportunities.
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Tweetable Quotes:
“Every business is the same. Don't let anybody tell you that they've got a unique business. That's not really true.” - Ward Schraeder
“Manage your books perfectly.” - Ward Schraeder
“You learn by your mistakes. Okay. But, you also learn by your success.” - Ward Schraeder
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