Mastering Cost Reduction & Scaling Businesses An Insightful Conversation with Aaron Stahl

Jake and Gino Real Estate Entrepreneurs

Jake & Gino

Buyingapartmentbuildings, Investingsmart, Multifamilyrealestateinvesting, Business, Smartinvesting, Jakeandgino, Apartmentinvesting, Investing, Commercialrealestateinvesting, Makingmoney, Buyingrealestate, Realestateinvestment, Wheelbarrowprofits, Realestateinvesting, Cashflow

5 • 831 Ratings

🗓️ 6 July 2023

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode of "WheelBarrow Profits," hosts Jake and Gino discuss cost reduction and business scaling with Aaron Stahl, CEO of Cost Analysts Enterprises Inc. Aaron shares his transition from real estate and construction to cost reduction, the growth of his company to over 40 franchises, and his innovative approach to employee benefits that has significantly improved employee retention. The conversation delves into the power of delegation, awareness in business growth, and the importance of living in the present moment, with Aaron recommending the book 'The Power of Now.' As the podcast wraps up, Aaron expresses his excitement about integrating AI into his company, likening the current AI scene to the internet boom of 1998. Reach out to Aaron's team at costanalyst.com for assistance with cost reduction and tune into this episode for invaluable insights on business growth and employee satisfaction. Highlights: 00:00 - Intro 00:53 - Aaron Stahl's Background 02:54 - Where did the Idea for Cost Reduction Come From? 04:04 - Jake Talks about Current Systems in Place and asks for Aaron's Advice 05:57 - The Value of Cost Reduction in the Real World 07:03 - How Does Cost Reduction Work? 08:40 - What are some Objections Aaron Hears from Potential Clients? 10:35 - Aaron's Contact Info 11:00 - What Area's Aaron Focuses on for Cost Reduction 11:53 - Aaron's Experience with Franchising and The Decision to do so.. 13:05 - What Have Been the Challenges of Scaling Under the Franchise Model? 14:35 - Benefits of the Franchise Model 15:59 - Aaron's Sabbatical and the Story of Scaling His Business 18:34 - People Systems and Culture - Hiring to Retain a Culture 20:26 - Mistakes Aaron Stahl has Made Scaling his Company 22:00 - Gino Shares Jake and Gino's Mistakes 25:43 - Aaron's Tips on Scaling 27:19 - Aaron Stahl's Recent Reads 29:11 - Take the Next Step with Aaron Stahl 29:39 - The Future for Aaron Stahl 30:25 - Wrap Up We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply About Jake & Gino Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company. They control over $250M in assets under management. They have created the Jake & Gino Premier Multifamily Community to teach others a simple three-step framework for investing in multifamily real estate. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/

Transcript

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0:00.0	Hello, ready. This Jake Stenziano, host of Jake and Gino podcast, who
0:10.3	with my co-host, a multifamily mentor, the coach of chef, the father, six, the best-selling
0:13.8	author, The G-Dady. Gino, Barbara, how's it going?
0:18.2	Stensiano, love the shirt, brother. Tommy Bahamas blue looking good on you.
0:21.5	Looks better on you than it does on me. That's all I'm saying.
0:24.4	Every time you come into my city, bling, bling. And, Gino, I'm always making it happen, big man.
0:28.7	Today's guest is the CEO of P3 cost analysis. They help companies across the nation determine
0:34.7	if their spending is cost effective and uncover any hidden
0:39.4	errors. God, man after my own heart. So what further do? Andrew Stahl, welcome the show.
0:44.7	I appreciate it. Appreciate you guys having me on here. It is our pleasure. So please share with us
0:49.9	your background story and how you got started in the business. Sure thing.
0:54.8	Well, yeah, I got started in college.
0:56.7	I was actually in the real estate game early on.
1:00.1	It's probably my junior year of college.
1:01.8	I caught the entrepreneurial bug.
1:03.7	Just saw people getting ready to get a real 9 to 5 job, wear a suit and tie,
1:08.4	and that absolutely terrified me.
1:10.2	So I started looking for
1:11.8	ways to make money. Yeah, right? And so I started looking for ways to make money. And around
1:18.3	Northwest Arkansas at the time, the real estate market was booming, really nationwide. It was
1:21.6	booming. Originally thought I might get into some rental properties, but property was too expensive.
1:27.8	So I put a team together to actually build some spec houses and did that for a while and had some
	...

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