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Passive Real Estate Investing

Lessons That Helped Build The Massive Sheraton Hotel Chain With Mitzi Perdue | PREI 248

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Education, Business, Entrepreneurship, Business:investing, How To, Investing

4.6968 Ratings

🗓️ 9 June 2020

⏱️ 52 minutes

🧾️ Download transcript

Summary

Businesswoman, Mitzi Perdue, shares the lessons she learned about business success from her father and founder of the Sheraton Hotel Chain, Ernest Henderson.   Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing. IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you!

Transcript

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0:00.0

Welcome to passive real estate investing, the show where busy people like you learn how to build substantial passive income while creating wealth for the long term.

0:10.0

And now here's your host, Marco Santorelli.

0:14.0

Welcome to passive real estate investing.

0:17.0

I'm your host, Marco Santorelli.

0:19.0

What if you had someone in your life who was a Titan, a Titan of real estate. Well I have a very special guest today, something a little

0:25.8

different than what I normally do on the show. My guest today has had not one but two Titans in her life. The first is a real estate Titan.

0:37.2

Now you may have heard of the Sheridan Hotel Chain, massive hotel chain.

0:41.8

Well it was started by Ernest Henderson and Ernest is the

0:46.8

father of my guest today, Mitzy Purdue. As you may know the Sheridan Hotel

0:52.2

Chain, Sheridan Hotels and Resorts, is an international

0:55.8

hotel chain and it's owned by Marriott International today.

0:59.8

As of the end of 2018, Sheraton operated 441 hotels with 155,600 plus rooms globally.

1:09.9

But that's not all.

1:11.2

Mitzi was also married to a business Titan as her husband and that Titan was

1:20.1

Frank Purdue who was the president and CEO of Purdue Foods, a major chicken, turkey, and pork processing company in the United States.

1:29.0

And in 2016, their annual sales was a whopping $6.7 billion.

1:35.0

Now, the reason Mitzi is on the show is because in both cases,

1:40.2

if you have family members generationally that put enormous effort into creating and

1:46.8

maintaining strong value-based cultures and building businesses, literally from

1:51.8

scratch, in the early 1920s then I'm sure they have some

1:57.0

lessons to share and I know Mitzi has had many lessons learned So with that I felt that it would be great to learn what

2:06.6

helped build these massive companies and we could maybe learn from some of those

...

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