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The Rich Somers Report

Actionable Steps to Scale Your Business While Integrating Family & Faith: Tulum Retreat 2025 Key Note | Mikey Taylor E409

The Rich Somers Report

Rich Somers

Business, Investing

5.0 • 1K Ratings

🗓️ 11 October 2025

⏱️ 44 minutes

🧾️ Download transcript

Summary

Scaling your business means nothing if you lose yourself—or your family—along the way. In this special keynote from the Tulum Retreat 2025, Rich welcomes Mikey Taylor—former pro skater turned real estate entrepreneur and mayor of Thousand Oaks—for a raw and tactical deep dive on building a thriving business without sacrificing your faith, family, or purpose. From raising capital to managing investors, leading teams, and maintaining marriage through chaos, Mikey lays out the roadmap for w...

Transcript

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0:00.0

Here's kind of the big one when it comes to investors.

0:02.2

You have to get very comfortable telling them this is not a good fit for them.

0:07.0

Right?

0:07.6

When you're getting started, you have a tendency to go, give me the money.

0:12.0

You're in, you're in.

0:13.1

You're in.

0:13.8

Yes, can't wait.

0:15.5

If you bring on an investor that is a bad fit, bad investors will ruin good deals. And you have to

0:23.0

avoid that at all costs. Welcome to the Rich Strummers Report where we talk real estate,

0:28.0

business and wealth building, all while keeping it real. No fluff, no BS. I hope that you

0:32.9

enjoy the show. All right. So here's going to be my intention for today. Number one, I asked yesterday

0:43.0

who raises capital or uses investor capital for real estate investing. Can you guys give

0:47.4

me a show hands again just so I know? Okay, so let's call it a quarter of the room.

0:52.4

For everybody else, is everyone else investing in real

0:55.4

estate okay so out of this group about half of you will eventually bring investors on right

1:02.6

you always get to a point where you get so good at finding opportunity and if you're an entrepreneur

1:08.3

not being able to go after opportunity is a kill shot.

1:11.7

It just rips into our spirit, right?

1:14.4

So what I'm going to hopefully encourage you who aren't there yet to give you guys some good

1:19.6

tools so that you can skip what took me years to figure out how to raise capital.

1:25.4

So I'm going to kind of help you guys with some of the foundational stuff.

1:28.2

For the people that currently have investors,

...

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