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Real Estate Rookie

76: From No Experience to Multi-Million Dollar Business with Ellen Bennett

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.81.7K Ratings

🗓️ 8 May 2021

⏱️ 46 minutes

🧾️ Download transcript

Summary

Before cooking at Michelin star restaurants, Ellen Bennett worked as a lottery announcer, an English tutor, and a “booth babe”. All of these jobs taught her to be comfortable in uncomfortable positions. When her head chef told her that he needed new aprons for all the cooks, Ellen took to the challenge, with no business plan, no connections, and no experience designing aprons. The deadline, uncomfortability, and challenge pushed her to deliver the aprons on time, and start Hedley & Bennett. Now, Ellen runs this multi-million dollar business that delivers to Michelin star restaurants and at-home cooks alike. Ellen talks about the necessity of committing to something scary, even when you don’t know how to handle it. She used the same approach when buying 3 rental properties nearby her home in Los Angeles, all of which have appreciated dramatically. The mantra used in creating a successful business, investment, or anything else is Dream First, Details Later, which also happens to be the name of Ellen's new book! An entrepreneur can get bogged down so easily with the details of any venture, so much sometimes that it could push them away from accomplishing something great. In This Episode We Cover How Ellen accidentally started an incredibly successful apron business Using the pandemic to think differently about products and needs Looking at challenges as a gift and an excuse to grow How to plan when you know that things won’t go as planned Setting your employees up for a failure-first mindset (so they succeed!) And So Much More! Links from the Show Real Estate Rookie Facebook Group BiggerPockets Forums MySpace Walmart Ford Ashley's Instagram Tony's Instagram Check the full show notes here: http://biggerpockets.com/rookie76 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This is Real Estate Rookie Show, number 76.

0:04.5

And I guarantee you the people that are more willing to show up

0:10.0

and to run no matter what hits their face.

0:12.5

Those are the ones that are going to be more successful

0:15.0

because they don't care about being uncomfortable.

0:18.0

They recognize that it's part of the journey of becoming successful.

0:24.0

My name is Ashley Care and I'm here with Tony Robinson.

0:30.0

And as we get through this episode, you will notice

0:33.0

there's something very, very different about him.

0:36.0

Tony, go ahead, break the news.

0:39.0

I've got a huge announcement, guys.

0:41.0

As of last Friday, I no longer have independence.

0:46.0

So, you know, he looks different.

0:49.0

He's going to talk different, missing an organ in his body.

0:53.0

But you know, he always says, I'm the funny one on the podcast.

0:56.0

I really make him laugh.

0:57.0

So he had to ask me to kind of tone it down so that I didn't rip his stitches open

1:01.0

when he was laughing at my jokes.

1:03.0

It's like a real world issue for me.

1:07.0

I can't laugh too hard.

1:09.0

I can't sneeze too hard.

1:10.0

I'm thankful that you toned down the comedic efforts on today's episode.

...

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