Summary:
In this episode, BJ Gremillion interviews real estate investor Jason Lewis. They discuss Jason's background, his family life, and his journey into real estate investing. Jason shares how he and his wife made family decisions based on spiritual promptings. He also emphasizes the importance of living below your means and having savings for financial security. Jason talks about how he started working for free in the real estate industry and eventually grew into a leadership role. He concludes by discussing the challenges of retaining valuable employees and creating a positive company culture. In this conversation, Jason Lewis shares insights on building a virtual culture and company culture, the importance of caring and creating a system, the value of philanthropy and giving back, lessons from failure and iteration, the roller coaster of success, overcoming challenges in business, learning from mistakes and assumptions, iterating and improving nationwide, replacing himself as COO, and focusing on the next thing. His advice to his younger self is to stress less and have faith that everything will work out.
Takeaways:
- Listen to spiritual promptings when making important family decisions.
- Living below your means and having savings provides financial security and optionality.
- Being willing to work for free can lead to valuable opportunities and growth.
- Recognize the potential in others and provide opportunities for them to develop and contribute.
- Creating a positive company culture and addressing the needs of employees can help retain valuable team members. Building a virtual culture and company culture is crucial for attracting and retaining talented employees.
- Caring about the people on your team and their goals is essential for creating a positive work environment.
- Philanthropy and giving back can be a powerful way to create a sense of purpose and unity within a company.
- Failure and iteration are necessary steps on the path to success.
- Success in business is not linear and often involves overcoming challenges and setbacks.
- Learning from mistakes and questioning assumptions is key to improving and adapting.
- Iterating and improving processes and strategies nationwide can lead to greater success.
- Replacing oneself as COO allows for a focus on new opportunities and growth.
- Stressing less and having faith that everything will work out is important for maintaining perspective and mental well-being.