[If you cannot see the video above, click here to watch the interview directly]
Episode 4 features Grant Peelle and Alan Ledford of The Ren Men Show. Grant and Alan have built a Real Estate portfolio of 80+ properties, run a vending machine business, own a video production company, and just recently started a used car lot. Their online video show, The Ren Men Show, is the best produced and edited show I’ve ever seen in the niche. They go in depth with different issues surrounding their businesses and passive income opportunities and always seem to have a blast in the process. I never miss a week!
Episode 4 Content Guide:
- [01:00] – A 30-sec introduction to what Grant, Alan, and The Ren Men Show is all about!
- [02:10] – The size of their Real Estate portfolio and why they’ve decided to branch into other business, as well.
- [03:45] – Being able to seize opportunities, a.k.a. how they ended up in the used car business.
- [05:10] – Why the ability to adapt is much more valuable than the ability to plan.
- [06:50] – Grant and Alan’s management styles (they are polar opposites) and how they’ve turned that into a strength.
- [09:35] – Grant’s background and motivation in getting into the entrepreneurial lifestyle.
- [11:20] – Alan’s background and why he feels like a non-entrepreneurial entrepreneur.
- [12:10] – Grant and Alan’s 3 core mentors who have inspired their business ventures.
- [14:20] – The opportunity to leverage offline skills in the online world.
- [15:25] – I ask the Ren Men where they see themselves in 2 years! (Specific numbers/goals for each venture)
The Ren Men’s question for you!
I forgot to ask the Ren Men for a question for you guys! Doh! (fail)
However, I know these guys are passionate about searching out opportunities for true passive income. While they both possess an intense work ethic, they are constantly pushing for ways to “remove self” from their business. They focus on building systems and delegating the “busy work” to focus on growth.
Personally, this is an area I can work on a lot more (and Grant is pushing me to do so). The larger my business grows the more of a “job” I’m building for myself. I don’t mind putting in the effort, especially in a field that I’m passionate about. However, there is at least 50% of my day-to-day activities that I could be “removing self” from. This would free up my time, my energy, and my stress levels to tackle the things that could really add significant growth and satisfaction.
What are your thoughts on passive income? I like the concept, but haven’t done a great job in aligning myself with it. Grant and Alan seem to really “get” the concept and use it as the focus of their efforts. What about you?
Is your ultimate goal some form of passive income (retirement, business, investments)? Are there ways you could make your current income more passive? Let me know in the comments below!
Don’t forget to stop by and subscribe to The Ren Men Show. You’ll be impressed. I promise.