When you're looking at your competition, don't just identify the good things that they're doing and try to clone them.

What you want to do is identify what they are the weakest in. And then you go all in on that weakness to capture the market that they're not capturing.

You need to get your first dollar as quickly as possible. We did $100,000 in revenue for Action Academy before I had a bank account, a business, an LLC, or even a product. It doesn't matter if it's a million dollar company or a billion dollar company, all business is the same. Pick one product, one offering that you sell to one target avatar on one platform. And you hyper focus on just one in each of those categories. Instead of doing the rainy day fund, make a fucking sunny day fund. I put 10% away where you're like, this is what I want to do. I want to go on this trip,

this trip, this trip. How much do I need to make for that to be 10% of my disposable income? All right, Action Academy. Welcome back to another episode of today's podcast, Corporate America's least favorite podcast. I'm here with the man the myth, the Gideon, Spencer, once again,

on the show. So today's episode's going to be a really good one. This is going to be a

special... podcast. I'm here with The Man the Myth, the Gideon, Spencer, once again on the show. So today's

episode's going to be a really good one. This is going to be a specialty episode that talks about

not only buying the business or buying the real estate, which we're going to still put under

the label of business because any real estate investment done correctly and to its ultimate

extreme is business,

buying a hotel is buying a business, buying a multifamily, still buying a business.

So what happens after you buy the asset?

Because on this podcast, we talk a lot about acquisition, but there's two other sections

that are required for passivity after acquisition.

And to both of our credit, I mean, we just didn't know any better

until we went through it. And for some reason, nobody talks about this part. Everyone talks about

just buying the assets and they just print off pure passive income. But it's actually a three-step

process and acquisition is only the first part. It goes acquisition, acclamation, architecture. How do I

buy the asset? How do I acclimate to now being a business owner and an asset owner? And then lastly,

how do I build the architecture, the meeting cadence, the flows, the org chart of my company

so that I can have it run like I want it to run in the company. It doesn't run me. So today,

Kadian is going to break down, along with me, some of the different pillars of business, and we're going to go kind of section by section with some of our greatest lessons. So Gideon, you want to introduce yourself maybe for somebody that's listening for the first time and they're unfamiliar with you, and then break down the pillars that we're going to hit. Yeah, of course. Gideon Spencer. You can find me at

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