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Is it possible to run a successful company that prioritizes both profit and making a positive impact on the community?
Step into Bryan Escudero's world as he talks about balancing long-term business success with a mission to serve others. He is the President of First Gen Foundations, and they are committed to helping first-gen investors build wealth in real estate. Their compass? A simple guide: educate, grow, give. It's all about making choices that don’t just make money but also positively impact the lives of their clients. He also discusses how important it is to set up processes in business and to have a partner you trust who can question your ideas and make sure you stick to your goals and values.
This is an insightful conversation about mixing business smarts with a heartfelt mission. Tune in now!
[00:00 - 10:36] Building Legacy With A Noble Purpose
Bryan's parents, Colombian immigrants, instilled an unyielding work ethic, shaping Bryan's approach to life and work
His real estate business isn't solely profit-driven; it's rooted in their commitment to help others, especially first-gen investors
As Bryan rose through career positions and eventually became an entrepreneur, he recognized his potential to impact more lives
By focusing on doing what's right for the community, they know this might mean growing more slowly, but at least growing the right way
[10:37 - 20:01] Setting Up Systems for Service and Success
Bryan emphasizes the importance of processes in scaling his business and creating an exit strategy
Leveraging transferable skills is key, allowing Bryan to adapt his abilities from various roles to contribute effectively in different situations
They stay true to their core; even if there are tempting opportunities, they only go for the ones that match their mission of helping others
[20:02 - 23:46] Nurturing Strong Partnerships
It's vital to have people around who disagree and see things differently to avoid making everything about just one person or skill set
Pick individuals who'll say when something's a bad idea, deliberately—not accidentally—to ensure diverse feedback
Trust those who critique and don't take it personally; it's about making ideas better, not attacking you
[23:47 - 31:05] Wrapping Up!
Bryan distinguishes between "investing in real estate" and "being a real estate investor"
He highlights that the former involves passive investments for most people, while the latter requires active involvement, significant time, and effort
Connect with Bryan through LinkedIn. Check out FirstGenFoundations.com and their Instagram.
Key Quotes:
"We can put ourselves in a position of power to help" - Bryan Escudero
"We certainly have accredited investors with us, but dealing with non-accredited investors, we know that we'll grow slower, we'll grow less, but we'll grow right. ” - Bryan Escudero
“You need to have a sense of humility in who you are in the grand scheme of things." - Bryan Escudero
Resources Mentioned:
Rich Dad Poor Dad by Robert T. Kiyosaki
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