What are the formula to success?

Growing a successful real estate business means growing a solid team. But many entrepreneur-investors struggle with hiring and don’t spend enough time developing key leadership skills.

So, what makes for a successful leader in the multifamily business? How do you decide what to delegate, communicate the vision for your business and help the people on your team excel?

Known as the CEO Whisperer, Cameron Herold is Founder of the COO Alliance and Second in Command Podcast, a coaching practice and training platform that helps C-suite leaders double their revenue in three years or less.

Cameron is well-known for engineering 1-800-GOT-JUNK?’s growth from $2M to $106M in revenue in just six years as COO. He is also the bestselling author of Vivid Vision: A Remarkable Tool for Aligning Your Business Around a Shared Vision of the Future.

On this episode of Financial Freedom with Real Estate Investing, Cameron joins cohost Garrett Lynch and me to explain what makes a successful leader, describing how a vivid vision helps leaders focus on the right opportunities and communicate with their team.

Cameron shares the activity inventory he uses to help leaders learn to delegate, challenging us to offload anything that’s outside our genius and free up our time for revenue-generating activities.

Listen in for Cameron’s insight on creating personal development plans for the individuals on your investing team and learn his FOCUS x FAITH x EFFORT formula for success!

Key Takeaways 

How Cameron got involved in 1-800-GOT-JUNK?

Cameron’s take on what makes a successful leader

The biggest mistakes leaders make

Cameron’s secret formula for success

Why it’s crucial for leaders to have a vivid vision

How Cameron helps leaders learn to delegate

Cameron’s response to ‘I can’t afford to delegate’

Cameron’s best practices for developing your team

What to do when a new hire has skill deficiencies

Cameron’s advice on finding the right partner

Cameron’s approach to building a business

Connect with Cameron Herold

Invest in Your Leaders

Second in Command Podcast

Books by Cameron Herold

Related Articles

Meet the Nighthawk Equity Team

Collaborating With Your Property Management Team

How to Grow and Lead a Real Estate Investing Team

Resources

Learn More About Michael’s Mentoring Program

Join the Nighthawk Equity Investor Club

Access Michael’s Free Resources in the Freedom Vault

Review the Podcast on iTunes

Financial Freedom with Real Estate Investing by Michael Blank

Vivid Vision: A Remarkable Tool for Aligning Your Business Around a Shared Vision of the Future by Cameron Herold

The Miracle Morning for Entrepreneurs: Elevate Yourself to Elevate Your Business by Hal Elrod and Cameron Herold

LoopNet

Upwork

Cameron’s TED Talk on Raising Entrepreneurs

Entrepreneurs’ Organization

Dan Sullivan—The Strategic Coach

Gino Wickman on Financial Freedom with Real Estate Investing EP243

Michael on Facebook 

Michael on Instagram 

Michael on YouTube 

Michael on TikTok

Apartment Investor Network Facebook Group 

Email [email protected]

Podcast Show Notes

Where can we send your Calculator?

You have Successfully Subscribed!