05 Nov Rebuilding a Business, with Chris Prefontaine & Stephen Woessner
Episode 318:
In this special episode of the Smart Real Estate Coach podcast, guest host Stephen Woessner turns the tables on Chris and interviews him about how he weathered the 2008 real estate collapse.
Chris Prefontaine is the best-selling author of Real Estate on Your Terms: Create Continuous Cash Flow Now, Without Using Your Cash or Credit. He’s also the founder of SmartRealEstateCoach.com and the Smart Real Estate Coach Podcast.
Chris Prefontaine is the best-selling author of Real Estate on Your Terms: Create Continuous Cash Flow Now, Without Using Your Cash or Credit. He’s also the founder of SmartRealEstateCoach.com and the Smart Real Estate Coach Podcast.
Chris has been in real estate for over 25 years. His experience includes the construction of over 100 single-family and duplex homes (mostly in the 1990’s and selectively to date), has owned a Realty Executives Franchise (Massachusetts 1994-2000) as broker/owner which maintained high per-agent standards and eventually sold to Coldwell Banker in 2000. The 2000’s included coaching ½ million and higher REALTORs® in order to scale & automate their business throughout the US and Canada. He also participated (and still does selectively) in doing condo conversions (multi-family homes to condos) and “raise the roof” projects (converting single-family ranches to colonials in growth neighborhoods).
Chris has been a big advocate of constant education and participates regularly in high-end mastermind groups, as well as consults with private mentors. He runs his own buying and selling businesses with his family team, which buys 2-5 properties monthly, so they’re in the trenches every single week. They also help clients do the same thing around the country.
Chris and his family team have done over 80 million in real estate transactions. They mentor, coach, consult, and actually partner with students around the country (by application only) to do exactly what they do.
Stephen Woessner is the Founder and CEO of Predictive ROI and the host of the Onward Nation podcast, a top-rated podcast for learning how business owners think, act, and achieve success. Onward Nation is listened to in more than 120 countries around the world. He is the author of three bestselling books including the Amazon #1 Bestseller Profitable Podcasting. He is also a speaker, trainer, and his digital marketing insights have been featured in SUCCESS, Entrepreneur, The Washington Post, Forbes, Inc. Magazine, and other media.
What you will learn in this episode:
- How Chris came out of the 2008 economic crash and learned how learning and developing the right mindset were keys to rebuilding a business after a setback
- What major changes Chris made to his business, his mindset, and his systems that allowed him to rebuild his business stronger than ever
- Why getting his mindset straight was the most important element for Chris in rebuilding a business into a thriving success post-Great Recession
- How Chris's “stacking” concept allowed him to get more done with less time and effort, and how he developed his three-payday system
- How hard work, smart strategy and the right mindset propelled Chris's family business to land on the 2020 Inc. 5000 list of fastest growing companies
- What sets Chris's businesses apart from others in the same space, and what high standards the family team had to meet to qualify for the Inc. 5000 list
- Why Chris believes discipline is a crucial ingredient for success in anything you try to do
- Why Chris and his team's goal goes beyond doing deals and includes helping students build lasting, thriving businesses
- Why one of the main motivators that drives many students in the Wicked Smart community is the goal of creating a family legacy for their loved ones
Additional resources:
- Follow Chris and Zach on Club House to learn even more about deal structures and how to get 3 paydays from your real estate investments.
- If looking to secure some lines of credit for your business, check out Fund and Grow – Visit our Resource page at https://smartrealestatecoach.com/resources
- Schedule a FREE Strategy Call: SmartRealEstateCoach.com/action
- Register for our free masterclass: www.SmartRealEstateCoach.com/mastersclass
- Real Estate on Your Terms by Chris Prefontaine
- SmartRealEstateCoach.com/webinar
- SmartRealRstateCoach.com/ebook
- SmartRealEstateCoach.com/QLS
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