The Money Mindset Mentoring Podcast

Steve Hamoen covers sales and marketing mastery to overcoming challenges, scaling through team development, and harnessing the power of mentorship for rapid growth.

Want HIGH-PERFORMING Teams? Avoid These Pitfalls At All Costs with Andy McMullen

E92 • Dec 9, 2024 • 64 mins

In this episode, Steve Hamoen and Andy McMullen delve into building and learning iteratively. Andy discusses team dynamics, the solopreneur journey, and the power of small habits. They cover energy management, task breakdowns, and handling stress. The conversation highlights competitive greatness, trust-building, and the need for constant change. They also explore the real estate market, shifting tenant profiles, and ethical investing, concluding with predictions for the US market.

Key Points

Building a successful organization requires treating every team member, including virtual assistants, as integral parts of the team rather than as expendable resources.
The shift from solopreneur to entrepreneur involves recognizing that success hinges on integrating and leveraging the strengths of a community or team rather than attempting to do everything alone.
In the real estate market, understanding and adapting to cyclical trends, regional demands, and the evolving preferences of tenants can provide significant opportunities for growth and sustainability.

About Andy McMullen

Links: https://www.linkedin.com/in/andymcmullen/ https://legacyacquisitions.com/about/

Current Project: https://youtu.be/NRjWRe7qqJg

Bio: *Horizontal Multifamily; Developing Build to Rent communities across the US

*Multifamily Real Estate Investment; Emerging Markets

*Serving California real estate investors who are looking to invest outside of California. Our goal is to deliver a white-glove investor experience.

*Partnering with the best operators across the country to deploy our Fund that will round out their equity raise while ensuring our investors receive the best possible investor experience.

*20 years of RE investing and asset management experience.

Speakers

Steve Hamoen

Host • 47%

Andy McMullen

Guest • 53%

Chapters

0:00	The iterative process of building and learning
1:10	Introducing guest Andy McMullen and his background
2:34	Multiplication versus subtraction in team dynamics
3:01	Integration within an organization
3:45	The solopreneur's journey and strategy
5:28	The importance of iteration and action
7:33	The power of small habits and daily routines
9:30	The energy required for state changes
11:55	Projecting versus absorbing energy
14:07	Breaking down tasks into small parts
17:54	Operating at the lowest level of training under stress
19:19	Competitive greatness and preparation
21:19	Building trust and overcoming early failures
23:25	Understanding the importance of constant change
27:45	Recognizing and addressing lethargy in team members
33:07	Discipline and the grind of success
38:03	Celebrating small wins to maintain motivation
40:56	Shifting tasks to a personal development column
43:06	Addressing the complexities of the real estate market
46:17	Exploring real estate market fluctuations and macroeconomic indicators
54:39	Future predictions for the US real estate market
58:22	Shifting tenant profiles and real estate trends
1:02:10	Benefits of ethical investing in real estate and closing remarks

Transcript

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