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Entrepreneur Stories 4⃣ Inspiration

021: From Baller to BANKRUPT. How did this Business Insider (Bill Lyons) get his MOJO back?

Entrepreneur Stories 4⃣ Inspiration

Millionaire Interviews Podcast & Sir Austin Peek

Careers, Business, Business:careers

4.72K Ratings

🗓️ 1 January 2021

⏱️ 50 minutes

🧾️ Download transcript

Summary

Bill Lyons is the Founder & CEO of three companies in the real estate industry: Griffin Funding, Revestor, and Lyons Realty. Griffin Funding was named the 83rd fastest growing company in the nation by Inc 500 in 2017 as well as the #1 fastest growing mortgage company. Bill is focused on carving out a large segment of the $11 Billion online real estate advertising market and the residential investors that make of 25% of the real estate market. He built his former company, from zero to $20 Million per year in revenue with $3+ Billion in transactions inside of 36 months. As President & CEO, Mr. Lyons managed a $6 million per year online marketing budget offering opportunity to well over 250 employees. *** For Show Notes, Key Points, Contact Info, Resources Mentioned, & the Fabulous 4 Questions on this episode with Bill Lyons, visit here. ***

Transcript

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0:00.0

And every company that you build you have to have an exit strategy.

0:20.0

This is entrepreneurship.

0:21.0

It's not a game for the weak.

0:23.0

Now I think about a company as a transaction. It's not my identity.

0:30.0

It's just a numbers game, somewhere or somewhere. So what? Who's next?

0:41.0

What are you talking to? What are you doing? How are you?

0:44.0

Awesome. Thanks for having me. My name is Bill Lyons.

0:47.0

I own three companies inside the real estate industry. One of them is Griffin Funding.

0:53.0

We do mortgage lending in four states. Another one is called Lyons Realty,

0:58.0

which is a unique real estate company here in San Diego.

1:02.0

And then I also have a technology platform called ReVester, where we help investors find AirBnB and long-term rentals.

1:10.0

And all that good stuff here locally in San Diego. And I'm also on the board of a FinTech startup called Approved,

1:19.0

which is a digital mortgage platform. It's kind of like a rocket mortgage.

1:23.0

So I got a lot going on. And I started as an entrepreneur in high school, actually.

1:28.0

So what are you doing, high school, to get started off your story there?

1:31.0

You know, it was actually Network Marketing, an MLM.

1:35.0

You know, I don't recommend MLMs or Network Marketing. I would never do one myself or recommend them to anyone.

1:41.0

But as a young person, I think it's a great idea for less than 500 bucks to learn how to sell,

1:47.0

learn how to build teams, and learn from some people that are doing successful.

1:53.0

So it was good at the time for me in high school going into college.

1:57.0

It helped me pay for college, which was pretty cool.

2:01.0

But that was my first experience as an entrepreneur.

...

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