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The Rich Somers Report

How Former Miss Nevada Makes $1M a Year From Mini Mailboxes | Lisa Song Sutton E219

The Rich Somers Report

Rich Somers

Business, Entrepreneurship, Investing

5910 Ratings

🗓️ 23 July 2024

⏱️ 60 minutes

🧾️ Download transcript

Summary

On today's episode, Rich sits down with second time podcast guest Lisa Song Sutton -- she's a real estate investor, entrepreneur, venture capitalist, and former Miss Nevada. With a background in business litigation, Lisa began her career working in a top Las Vegas law firm before launching and scaling several companies, taking them from $0 to millions in revenue, across various industries including real estate, food and shipping retail. As the daughter of a USAF Vietnam War Veteran, Lisa...

Transcript

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0:00.0

you know it's when those things are like especially when you have like a chunk of money right

0:03.2

you're like oh my I'm I gonna buy more real estate am I gonna go buy something fun

0:08.1

what are we doing here and I was pleasantly surprised at how low the startup cost was because I just had it kind of mentally in my head,

0:16.7

hey if this if I can open these stores for less than 100 grand again I was thinking of the

0:21.3

UPS franchise where I'm like I I'm going to save myself $150,000,

0:25.7

and it literally was less than $60,000.

0:28.8

And looking back, there are definitely some line items I didn't have to do

0:38.4

Welcome to the Rich Drummers report where we talk real estate business and wealth building all while keeping it real No fluff no BS. I hope that you enjoy the show.

0:49.0

All right guys, welcome to another episode of the report. Today I am super excited because I got a good friend of mine back on the podcast for a second time

0:54.7

She was a former miss Nevada. I got miss Lisa song Lisa. Welcome to the show

0:58.8

Thank you so much for having me again. Good to see you. I appreciate you coming on. You were just out in Vegas this

1:04.4

morning and now you're out here. What are you doing out here in San Diego? You guys had a busy day it sounds like.

1:08.6

Yes, so just really stacked at full of meetings in the morning. We stopped by Firestorm

1:13.4

headquarters. They are a 3D printing drone company that my

1:16.9

B.C. firm the Veteran Fund has invested in and they're

1:19.4

headquartered right here in San Diego. They're about 20 minutes north of

1:22.4

where we are right now and stopped by their

1:24.7

headquarters today, got to see what they're working on and their 3D printing machines, the whole thing.

1:30.0

It's really amazing. And then popped over to Park Place Mail which is an independent

1:35.8

mailbox store run by one of my students Ethan and his business partner Thor and that's

1:42.0

up in northern San Diego and it was awesome just to

1:45.1

pop around and now we're here. Yeah I'm super excited to dig into the mailbox stuff

...

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