Barrett O'Neill @barrettjoneill
Built 2 companies, sold 1. Now investing in industrial real estate across New England. Follow along 👇 brightline.ck.page/52e32bdc73 Boston, Massachusetts Joined July 2011-
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Knock on the door at 5:30 pm. Verizon field rep trying to sell me a cable package. Wouldn’t let me go when I told him it’s not a good time for me. Nobody wants to switch cable at dinner time on Tuesday. Dumb sales strategy.
This is the reason why I invested in a general contracting business. Poised to boom in the next 10 years because folks will invest > move.
This is the reason why I invested in a general contracting business. Poised to boom in the next 10 years because folks will invest > move.
New hire signed ✅ He brings 20+ years of sales experience and a highly strategic mind. He’ll focus on adding $10,000+ per month storage and distribution clients. Additionally he’ll train and hire new sales team members to work under him. This is how we get to $10m+.
In 2025 several colleges will be north of $90,000 annually. If your parents aren’t paying, might be time to think twice.
Buying the real estate for my operating company has been life changing. - make LPs money - increase net worth - tax efficiencies - portion of rent comes back to me - set up future RE investments Plan to do several more.
If your role isn’t tied to performance it’s impossible to earn real money.
Can you guys connect me with somebody who has built contractor bays? DMs open
Improve close percentage by 3x: Be willing to walk away. Most aren’t truly willing to lose a sale so they “roll over” and send proposals, do free work etc. Not realizing this lower the odds you close.
The only way to grow your business: Hire great people ahead of revenue.
Invested in one and the demand is mind blowing. Will be a $10M+ biz within 3 years. Going to start another focusing on exterior work only. - roofing - siding - gutters - paint
Invested in one and the demand is mind blowing. Will be a $10M+ biz within 3 years. Going to start another focusing on exterior work only. - roofing - siding - gutters - paint
If you take everything personally life will be painful for you. Virtually all wealthy and happy people never assume victim status. Your choice.
The wealthiest folks I know follow this formula: 1. Cash flow from operating company 2. Purchase NNN real estate 3. Refinance 4. Repeat The logic: Grow equity in companies and real estate while lowering tax liability.
Just recruited a rockstar to join my commercial storage company. He’s going to focus on enterprise level deals ($10k MRR +). He’s going to push us to the next level. Fully committed to bringing top talent into everything I’m doing.
Much easier to grow an online business. Much harder to take down a real world business. Exposure to both keeps the door open for speed and stability.
Justin Welsh @thejustinwelsh
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another banger from @hijohnluke ✅
Dad has been gone for 5 years today but anytime I hear Clair de Lune I immediately think of him (and a lot of other times) This was shortly before he died of glioblastoma (brain cancer) and had lost the ability to read and didn’t speak much. His piano skills stayed strong Enjoy
The squeaky wheel almost always gets the grease in the SBA lending arena
Are gross leases called gross leases because they're disgusting?
@barrettjoneill Heck yeah love this
"Our systems are fully automated" The automation:
Paid my taxes today. 6-figures gone out the window to Xi JinTrudeau, imperial dictator of the communist republic of Canada. As I will be jailed for writing anti-Trudeau propaganda, my taxes will thus pay for my incarceration. Who’s playing 4D chess now?
This is a great question - In my first job out of college (and even as an intern) I was the guy dealing with clients like this. We were a large local CPA firm, and clients would come in who hadn't filed their return for 3 or 4 years. Generally the same story, a business owner…
@baldridgecpa Do a lot of people just not file a return?
The best salesman I knew fixed an old lady's minor roof leak for free Easily could have charged a few hundred bucks, but didn't Guess who she called 7 months later when she needed a new roof? The best salespeople genuinely want to help and don't care about closing the deal
Finishing up the deck on the larger house today including the outdoor shower, replacing the front stairs with Azek/trex next and a deck/privacy fence on the smaller cottage next. Hopefully will all be done this week!
The solution to your problems is usually pretty obvious. Sometimes all it takes is an outside third party to tell you what you already know. That's the catalyst most of us need. Hence the value of coaches, consultants, mentors.
@barrettjoneill @zerohedge With a sub 3% mortgage we opted to get new windows and redo our backyard/pool vs moving. Going to be hard to let go unless the family outgrows the house!
PSA: You need a Chief of Staff. I hired one last year. My productivity doubled – and I’m having a ton more fun. I regret not doing it years ago. Here's a thread on how I did it:
This will be the story of this generation. Locked out of home ownership because the previous generation locked in a once-in-a-lifetime rate. Nobody's giving up that 3% mortgage. The parties holding all those notes are getting crushed, while homeowners who already got in are…
Every single US housing market is on fire, and San Diego is back in double-digit home price appreciation. That's with the highest rates in 40 years
@barrettjoneill that's really solid. tbh I've just been writing/sharing the stuff that I love reading. I think using the "would I want to read this" test before hitting send is the easiest way to do that.
Newsletter Matrix Feels like 99% fall in the bottom left bucket. I try so hard for mine to fall in the bottom right. Todays sample here: bizbrainstorms.com/p/6-good-idea-…
@realEstateTrent I trust our audiences more than the MSM click machine.
We're announcing @meow's #1 most requested product today. Plus a major benefit nobody asked for. This took us half a year to bring to market and make seamless with our infrastructure. Announcing at noon ET!