Billionaire CEO Gives 10 Best Lessons For All Entrepreneurs

Join Ken McElroy who has managed over $3 billion in transactions and owns over 10,000 units, as he dives deep into the lessons learned from years of experience. From mastering cash flow and capital gains to overcoming market crashes and embracing business realities, this video is for anyone looking to succeed in business or investing.
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ABOUT KEN:
Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
Ken's company: mccompanies.com/

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Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel.
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Пікірлер: 68

  • @KenMcElroy
    @KenMcElroy17 күн бұрын

    If you want to support the channel, please share this video to increase its reach. It would really help us out, and it motivates Ken to make more videos. Thank you so much it really means a lot.

  • @failforwardfast8609

    @failforwardfast8609

    17 күн бұрын

    Thank you Ken, love your contents this video is no exception. I will be sharing it.

  • @rifleman42051
    @rifleman4205117 күн бұрын

    Ken McElroy = The GOAT of Real Estate!!! These are some great tips!

  • @jaxonkurtis

    @jaxonkurtis

    17 күн бұрын

    Yuuup 🔥🔥🔥

  • @nathanowens8365
    @nathanowens836517 күн бұрын

    Ken has to be one of the coolest billionaires

  • @bruceduckett87
    @bruceduckett8717 күн бұрын

    Family & Health Are the MOST Important! Knowledge Equals Power, Power Equals Freedom!

  • @IanDangerfield
    @IanDangerfield17 күн бұрын

    The density of information is awesome 👌

  • @tommyknocker4829
    @tommyknocker482917 күн бұрын

    There is so much common sense in these 10 points. Aside from providing a framework for managing enterprises small or huge, they also apply to managing the business of life. This is a priceless video.

  • @ComfortVibrations
    @ComfortVibrations15 күн бұрын

    I quit my job few days ago and started a KZread channel, cause I had enough of boring, low budget and miserable life. I always wanted to do this, but always was affraid of it and the time for changes has finally come. I hope I'll succeed, fingers crossed!

  • @BrianKlimes
    @BrianKlimes12 күн бұрын

    I am always learning from you and charting a new path forward. Thank You.

  • @anthonyrussell4888
    @anthonyrussell488814 күн бұрын

    The informal videos are tight, Ken. Your insights are always appreciated.

  • @arboradvising6291
    @arboradvising629116 күн бұрын

    Thank you Ken McElroy and team for another great video on the 10 Best Lessons for Entrepreneurs. The one that stuck with me is focussing on your existing clients and not neglecting them as you foster new business relationships. This is so important to remember because they chose to work with you and you owe it to them to bring them your best service and attention.

  • @LP-gs3xj
    @LP-gs3xj15 күн бұрын

    Stay flexible. Ha ha. One day going through a software upgrade/conversion the transition wasn’t going well. During a strategic meeting I said “paint me green and call me Gumby”. A week later a Gumby doll was on my desk. 12 years later it is still on my desk in front of me. GREAT video. One suggested video- transition planning- 70 years old and trying to pass real estate on to kids. 2 clueless. One is dead on but like the 4th, paralysis by analysis. Just a thought

  • @sudipmonbal5679
    @sudipmonbal567916 күн бұрын

    You definitely have my sub. This content is next level. For me Eledator was the turning point. Please keep doing what you do and keep being you, love it.

  • @leeaaron7856
    @leeaaron785617 күн бұрын

    Very down to earth advice. Love this video. Thanks.

  • @jayprakashbharti8723
    @jayprakashbharti872316 күн бұрын

    Thank you for your research. I find your videos are well done. RIght now I'm keeping an eye on Eledator

  • @blackswan9678
    @blackswan967817 күн бұрын

    Loved this, thank you!!!

  • @longwoodcurrencytrading
    @longwoodcurrencytrading16 күн бұрын

    Outstanding presentation, Ken. Thanks for sharing your insights.

  • @schokrates8664
    @schokrates866417 күн бұрын

    number 11: put your feet on the table while talking 😂

  • @yoyomawh4091
    @yoyomawh409116 күн бұрын

    Thanks for your insight

  • @PravitLochan
    @PravitLochan17 күн бұрын

    High level advice…thanks!

  • @cremls
    @cremls16 күн бұрын

    Inventory, prayer and meditation are the basis of an unshakable life. 😊

  • @kellymorvant
    @kellymorvant5 күн бұрын

    Wow great information! Love your shirt. Go Cajuns!

  • @josejmartinez6950
    @josejmartinez69506 күн бұрын

    ken that was great insight thanks

  • @s4lino
    @s4lino15 күн бұрын

    Thank you Ken, for sharing these tips and mistakes and to save others time and pain like 'Grandpa AI', following on from your point 10...how does one know when/how much to put into family, friends over business esp when business is low-going (health is easier as one can generally feel the pain/energy in lack/the guy in the mirror, etc) as same with your customer to money = paid employees = got a business cycle /loop/wheel but if money/business is failing how does one put more or same goodness/value into family and friends to keep to a 'pass' value as they are like the employees that need to be paid in other value currencies or they get grumpy and the neg effects can flow onto the Man of the household and affects his business clarity and the death loop starts or worse when it overkills it leads to rage quits/divorces and the business probably still not much better...or further derails the foundation of the company as the energy of the family kills the employee holder mechanism then it's all nukes free range...or can you give a percentage transfer or value for maybe each decade that you went through eg. 30/40/50/60/70 and the % in business vs family and friends focus chart with notes describing major events and what your choices were or maybe how you would do it better this time around given your insights or are there products/ways to reduce the damage and have a better buffer first time around? (I imagine most people's journey when they start is into business a slight more than family and friends since a business owner over being an employee situation then more into business as its the hard foundation stage then some p**p event happens then maybe learn on family till no longer can pay their value then force back to save the business or drum it back again if family give 'faith' or haven't left yet then for simplicity's sake, found and called 'Ken AI' did this and applied that and got back on track or sold for a big sum then can focus like a pilgrim back to family and friends and pray for a joy ending? or how to hold it all together when the toughest times hit is maybe the key as the others are like a dilution event, hopefully this makes sense.

  • @awkwardt
    @awkwardt17 күн бұрын

    Hard earned lessons translated into an easy to understand and meaningful message. Thank you.

  • @danbragg
    @danbragg17 күн бұрын

    Great video! Many great points but I must say the thumbnail implies the “value ladder” which is not mentioned in the content.

  • @ElJefe360
    @ElJefe36017 күн бұрын

    All roads leads to Mr. Wonderful "Cash Floooooow"

  • @annmich7384
    @annmich738416 күн бұрын

    Thanks Ken 👍

  • @topnotchserviceco
    @topnotchserviceco16 күн бұрын

    Amazing this is what we need to hear

  • @KyserMont
    @KyserMont17 күн бұрын

    Great video Ken!

  • @DietmarDyck
    @DietmarDyck17 күн бұрын

    #10 can't be said enough Ken, and all 10 are all goldern nuggets 💰💰💰

  • @eddylauterback1312

    @eddylauterback1312

    16 күн бұрын

    Golden, not goldern

  • @DietmarDyck

    @DietmarDyck

    16 күн бұрын

    ​@@eddylauterback1312 ........... dyslexia

  • @lori25hu
    @lori25hu12 күн бұрын

    6 years , You came a long way 👍🏻

  • @KaayJaay
    @KaayJaay4 күн бұрын

    Like a boss!! Cash is king!

  • @LiveInTheNow247
    @LiveInTheNow24716 күн бұрын

    Shoes on table is additional coolness!

  • @lubosimaboshe
    @lubosimaboshe16 күн бұрын

    Congratulations on becoming a billionaire Ken. Awesome video

  • @mjed1654
    @mjed165415 күн бұрын

    Great video even for non RE folks like myself

  • @apple1231230
    @apple123123017 күн бұрын

    Great advice Ken, not sure if I’ll ever actually be a billionaire but a few hundred million seems completely reasonable :).

  • @1031311gm
    @1031311gm17 күн бұрын

    if i could give this video 5 of 5 stars, i would. i like the poster on the wall

  • @Tkenny35
    @Tkenny3517 күн бұрын

    Would love to see a video with you and Ross on your partnership. What makes a good partnership, what makes you and ross good partners, your guys origin story etc!

  • @marksereno7849
    @marksereno784916 күн бұрын

    Love fail and learn. I bought 7 houses last year which needed moderate to heavy rehabs with out knowing much about rehabs. It’s been the hardest thing I’ve ever done in my life, but I kept going and some days wanted to throw up and cry, divorce my wife and throw my kids away but kept going. Things are making progress and I’m glad I took action.

  • @Rabel-gg7pp

    @Rabel-gg7pp

    16 күн бұрын

    Was it really worth it? Divorce your wife and throw your kids away..

  • @killerrush77
    @killerrush77Күн бұрын

    Ken, your shirt says Cajuns, are you from the south LA area? i am.

  • @AbelWasswa-vb3su
    @AbelWasswa-vb3su4 күн бұрын

    Thank you for build me 🧑‍🎓🧑‍🎓

  • @corylwalker9520
    @corylwalker952010 күн бұрын

    Facts

  • @Greg_Chase
    @Greg_Chase17 күн бұрын

    It's surprising, the ADD prevalence. If you talk to people who quit a decent career path for the uncertainty of independence, many will say "the lack of variety and lack of control over my path were intolerable" Many people seek out highly predictable careers: mailmen, teachers, policemen, etc. Some of us have zero ability to do that, the same thing for decades. I had my last corporate job 4 years out of college, and did tasks that made me embarrassed for my education, but everyone who is self-made does that. A CEO making $2 million a year can have his income reset to $0 overnight. No thank you. There were people who worked factory jobs for decades. Auto makers still do that. I don't see how they manage it. .

  • @ashog1426
    @ashog142617 күн бұрын

    I just had an 11 hr work day 😢 hopefully I can invest into RE soon

  • @joesmith4388

    @joesmith4388

    4 күн бұрын

    11 hrs is a lot?

  • @lourensstrydom9707
    @lourensstrydom970716 күн бұрын

    Is your vision only US-based? Or would you consider investing in real-estate in a country like South Africa?

  • @JimCasler
    @JimCasler16 күн бұрын

    Sounds like you might be running on EOS

  • @perennialcannabisbrand2602
    @perennialcannabisbrand260217 күн бұрын

    Have the Cajuns played the Lil' Lopezers?

  • @walterperu68
    @walterperu6816 күн бұрын

    You forgot the Cuban cigar, Ken

  • @user-bh8ko3mm4p
    @user-bh8ko3mm4p17 күн бұрын

    Definition of success is doing business after you made time for a daily workout, family and friends.

  • @p0werl0ve
    @p0werl0ve7 күн бұрын

    love his advice. only did not get what is the intent behind the viewer having to watch his shoes in a close up. bad angle.

  • @Mahabone
    @Mahabone17 күн бұрын

    A property manager college grad figures why am I running this company for $15 an hour when if I can just learn how to raise up the debt I can become the CEO. 👌

  • @Daltonsabwe
    @Daltonsabwe16 күн бұрын

    Any Ugandan🇺🇬 here ??

  • @rickcampbell4920
    @rickcampbell492017 күн бұрын

    How do you eat an elephant...one bite at a time!

  • @Sublimethoughtswithnathan
    @Sublimethoughtswithnathan16 күн бұрын

    Ken, no more feet on the table. I would suggest your normal format.

  • @MC-zj5rv

    @MC-zj5rv

    15 күн бұрын

    I would suggest you focus on the content instead of where he has his feet

  • @Sublimethoughtswithnathan

    @Sublimethoughtswithnathan

    15 күн бұрын

    @@MC-zj5rv 😂

  • @eddylauterback1312
    @eddylauterback131216 күн бұрын

    If you have the secrets of making millions, why do you waste time doing these videos? Oh, he makes chump change from KZread.

  • @petitemmanuel3199

    @petitemmanuel3199

    16 күн бұрын

    Is Good To Be Shearing Ok Bruh!! That It Is Even Why Teams Has Make KZread Available For You And I To Be Able To Comment Right.. Is Call Shearing..

  • @janitoronfire
    @janitoronfire17 күн бұрын

    Not a billionaire.