How To Successfully Operate an Assisted Living Facility on the Side of W-2 Income with Brandon Gustafson Part 2

12/04/2024 24 min

Listen "How To Successfully Operate an Assisted Living Facility on the Side of W-2 Income with Brandon Gustafson Part 2"

Episode Synopsis

Episode Summary:In this insightful episode, our guest discusses the crucial balance between advancing his business interests, particularly in the assisted living sector, and maintaining a rich personal and family life. He shares strategies on communication, time management, and setting priorities to ensure both business success and personal fulfillment.Key Points:Communication as a Keystone:Effective communication across all areas—business operations, family, and personal commitments—is vital for success and harmony.Strategic Time Management:Weekly planning sessions help balance important work projects and family activities. Regular 'daddy-daughter days' and dedicated family evenings are part of the routine.Work-Life Balance:Commitment to not working Sundays and reserving it for church and family, showcasing the importance of setting clear boundaries for work and personal time.Efficient Work Habits:Leveraging natural tendencies, such as being a night person, to maximize productivity without sacrificing family time.Investing in Real Estate:Detailed recount of acquiring assisted living facilities, emphasizing the importance of specialized brokers and understanding financial metrics like cash on cash returns and ROI.Website: https://ericlindseyml.com/Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversationClick On The Link Below For More Information About Eric Lindsey:https://linktr.ee/ericlindsey

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