Welcome to the Mario Dattilo Show Podcast!In this episode of The Mario Dattilo Show podcast, Eddie Wilson from Collective Influence discusses his approach to building a portfolio of active and passive income through startups and buying businesses. He shares his experiences overseeing 86 companies, creating accountability with metrics and standards, and clearing out parasitic businesses. Eddie also talks about being industry agnostic and looking for opportunity, what to look for when buying a business, and when to sell a company. Finally, he discusses the importance of understanding the process.Eddie Wilson is a businessman who is known as the “King of Exits.” He has owned over 125 companies and exited over 85 of them successfully. His current private equity firm Collective Influence has significant holdings as well. Of those holdings, the PE firm owns – Think Realty, American Association of Private Lenders, Apticode, Fitcon, Mana Health, Tax Free Crypto, Because Coffee and around 20 other companies. Eddie is also known for creating an operating system that manages the growth of his companies systematically allowing him the greatest odds for success. His operating system is known as the Empire Operating System.With all of his success in his 40s he has turned his efforts to faith based and humanitarian non-profit activities such as - Christian Media International and Impact Others.Find out more about Mario at MarioDattilo.netTalking Points:00:05 Introducing Eddie Wilson & Collective Influence02:36 The Full Circle: Active Income, Passive Income, & Contribution05:35 The Companies Taking Off In Eddie’s Portfolio12:42 Start-Up Businesses vs Buying Businesses15:24 Creating Accountability With Metrics & Standards18:30 The Formidable Task Of Overseeing 86 Companies22:21 How Much Time Do You Give A New Business?24:50 Clearing Out Parasitic Businesses25:44 Eddie’s A-Grade Speciality Bean Story29:27 Being Industry Agonostic & Looking For Opportunity30:14 What To Look For When Buying A Buiness36:07 When Do You Sell A Company?41:30 Architecting Strategic Selling & Buying44:33 Understanding The Process Gives You ConfidenceSUBSCRIBE to the Mario Dattilo Show Podcast YouTube Channel:Mario Dattilo Show PodcastCheck out this podcast website: MarioDattiloShow.com‌Links & Mentions From This Episode:Aspire TourEmpire Operating System (Code: POWERROOM)

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