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Braving Business: Tales of Entrepreneurial Resilience and Courage in the Face of Adversity

Krystal and Dedric Polite, Stars of 50/50 Flip on A&E and Hulu

Braving Business: Tales of Entrepreneurial Resilience and Courage in the Face of Adversity

Tal J Zlotnitsky

Entrepreneurship, How To, Business, Education

4.91.5K Ratings

🗓️ 30 September 2024

⏱️ 46 minutes

🧾️ Download transcript

Summary

Episode Summary:

Join us in this inspiring episode of the Braving Business Podcast as we welcome Krystal and Dedric Polite, stars of the hit TV show 50/50 Flip on Hulu and A&E. Krystal and Dedric share their journey as first-generation real estate investors, where they have grown from owning three rental units to over 70 properties valued in the millions. They’ve built a real estate empire that demonstrates the potential for anyone, regardless of background, to create generational wealth through real estate investing.

Throughout the episode, they candidly discuss the challenges they faced along the way, including Dedric being fired from his job at HubSpot, Krystal facing eviction from her apartment for renting it on Airbnb, losing $10,000 to an unscrupulous consultant, and the intense workload of their show’s first season, where a team of three had to do the work of 13. Their resilience and determination to persevere shine through their remarkable story, providing valuable lessons for entrepreneurs and investors alike.

The Polites share their insights on scaling businesses, pivoting through adversity, and the importance of persistence in the face of failure. They also open up about their personal experiences and upcoming projects, including a $5 million Sky Zone project made possible through their real estate ventures. Parents to two young sons, Krystal and Dedric are passionate about giving back to their community, providing affordable housing, and empowering others through their real estate education platform.

Key Discussion Points:

1. Krystal’s early entrepreneurial spirit and Dedric’s traditional path before transitioning to real estate.

2. The challenges they faced in building their real estate business, including eviction, job loss, and nearly giving up.

3. Their first major real estate deal that earned them $105K and how it jump-started their success.

4. The journey from a side hustle to being offered a national TV show on Hulu and A&E.

5. The intense workload of 50/50 Flip's first season and how they persevered through it.

6. Lessons learned from failure and the mindset of persistence they’ve cultivated.

7. The importance of community-focused real estate investing and providing affordable housing.

8. The role of integrity and doing good while doing well in their business.

9. Their upcoming Sky Zone project and future business ventures.

10. Fun insight into their relationship, including how their first date was a business meeting.

Quotable Moments:

- "There’s nothing that can stop a man or woman who will not quit."

- "Do good while doing well."

Connect with Krystal & Dedric:

- Instagram: [Be Polite Properties](https://www.instagram.com/bepoliteproperties)

- Facebook: [Be Polite Properties](https://www.facebook.com/bepoliteproperties)

- YouTube: [Be Polite Properties](https://www.youtube.com/bepolite)

Listener Engagement:

We’d love to hear your thoughts on Krystal and Dedric’s story and how their journey toward financial empowerment resonates with your own experiences. Be sure to share your favorite insights with us!

Disclaimer:

The views expressed by guests are their own and do not necessarily reflect the views of the Braving Business Podcast or its hosts.

Remember to subscribe, rate, and review us wherever you get your podcasts. Stay brave!

Transcript

Click on a timestamp to play from that location

0:00.0

Hey there. I'm Tals Latnitzky from Ignite IT consulting. You know me from The

0:06.6

Braving Business Podcast, but when I'm not behind the mic, I'm helping tech

0:10.6

startups and established companies ignite their full potential.

0:14.2

I also help entrepreneurs and businesses in distress reset for success.

0:19.0

With over three decades of entrepreneurial success success success

0:23.6

and turnarounds, raise capital, and lead to innovation.

0:27.4

Whether it's executive coaching or strategic transformation,

0:30.7

I'm here to turn your business challenges into success stories.

0:34.4

Visit igniteIT consulting.com and let's spark that change together.

0:39.4

That's ignite IT consulting.com. Your journey to business brilliance starts now.

0:47.0

And one last quick thing. If you enjoy this episode, please stay on after the show to learn more about the Braving Business Podcast and other great

0:55.2

episodes for you to discover. And now, let's get the show started. Well, hello there.

1:04.0

there's a little

1:06.0

the

1:10.0

you know, Well, hello there.

1:15.0

Hey Bud, how are you?

1:17.0

I am well, young man. How are you?

1:20.0

I'm better than George Santos.

1:22.0

He just pled guilty to all the charges.

1:26.0

Well, well, I mean, that wasn't. That literally just came on my phone as I was...

1:31.0

That's okay, that's okay. How do I look to you? You look, you look great. I mean, in what way do you mean? I mean, that's a really, that's a load of question. It is a load of question. Do I look a year older?

1:43.0

Oh, is it your birthday today?

...

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