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From $0 to $10M in 7 years, with Marc Kuhn
Manage episode 425559641 series 3342963
Το περιεχόμενο παρέχεται από το Jeremy Goodrich. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Jeremy Goodrich ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
Welcome to the CRE Clarity Podcast with Jeremy Goodrich. Our guest today is Marc Kuhn, a titan in the world of real estate. Join us as Marc shares his journey into entrepreneurship, invaluable tips on building a strong brand, and strategies for scaling your business with stability and speed.
Learn more about Marc and his story at creclarity.com!
“Concrete's not going to wait for you. It creates some of the urgency that I think you need in business today.”
01:30
Marc's concrete career began at a young age - just 6 years old - working alongside his father. He gained numerous skills and by the time he reached 20, made the bold decision to expand the family business.
After 7 years of hard work, Marc realized the limitations of his approach. Seeking a more sustainable path he delved into the world of entrepreneurship. He read books, listened to podcasts and educated himself.
“There's marketing, there's sales, there's operations, there's all these different things within every business, but every business is the same once you see them.”
12:25
After learning about the industry, Marc focused on building a strong business. He implemented efficient systems and found the right people for the right seats. Recognizing his own visionary strengths, he sought a partner with operational expertise.
To scale his business, Marc slowly shifted his focus from concrete to general contracting. Around 2017, he invested in 20 units within a 70-unit townhome development in Las Vegas. By 2020, Marc had diversified his portfolio to include office spaces, land, and storage facilities.
Marc shares his insight on building a successful brand:
Consistency is key! If you struggle with it, build a team to help you.
Building a strong brand is an investment. Don't shy away from allocating resources to your brand image.
“Anytime you're in America, I think you can always say that: investment here is the best of anywhere.”
41:47
Toward the end of the conversation, Marc shares what he’s most excited about currently. He anticipates a future decrease in cost-to-debt ratios and a national housing shortage exceeding 3.2 million units, creating a potentially lucrative environment for developers.
Finally, Marc shares one point of clarity with the listeners - Get creative, find the solution. It'll be the best thing you ever do if you're starting it today.
About our Guest, Marc Kuhn
Marc Kuhn began his construction career with his Dad in 1994. He started at $1 per hour and received a $1 raise every year as he worked for his dad's construction company.
In 2010, Marc left his hourly job with $2,500 in his bank account.
He started his entrepreneurial path and opened MAK Construction, his first business. He has grown the construction company to over $25 million a year. They develop commercial projects both 3rd party and investment projects for their investors.
Since 2018, they have added over 200 units in the Midwest. The benefits of real estate have given him the freedom of time. His goal is to help investors reach financial freedom through real estate.
Today he owns and operates three successful companies that do eight figures a year.
Mentioned in the show:
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Special thanks to Marc Kuhn for taking the time to share so many great insights with us If you enjoyed this podcast, there’s a couple of things we need you to do right now:
· SUBSCRIBE to CRE Clarity on Apple Podcast, Spotify, or wherever you listen to podcasts
· While you there, please RATE & REVIEW the show
· SHARE with friends
· Finally, please, JOIN the CRE Clarity Facebook Group
Then, please share the show with whoever you think it will inspire.
Until the next time, We truly appreciate you listening.
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