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Marketing School - Digital Marketing and Online Marketing Tips

Should you invest in real estate?, $50M offer > $1B offer?, From $1B to $600K - Cameo's downfall?, and Your business is only worth what someone is willing to pay

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Careers, Business, Marketing

4.61.3K Ratings

🗓️ 9 September 2024

⏱️ 17 minutes

🧾️ Download transcript

Summary

In episode #2816, Eric Siu and Neil Patel discuss investing in real estate versus investing in a business, the idea of using your business’ income to invest in real estate for tax benefit, the challenges of valuing businesses, and the risks of raising too much money. Don’t forget to help us grow by subscribing and liking on YouTube! Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT) TIME-STAMPED SHOW NOTES: (00:00) Should you invest in real estate? (05:39) $50M offer > $1B offer? (09:16) From $1B to $600K - Cameo's downfall? (13:41) Your business is only worth what someone is willing to pay (16:06) That’s it for today! Don’t forget to rate, review, and subscribe!  Go to https://www.marketingschool.io to learn more! Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review. Connect with Us: Single Grain << Eric’s ad agency NP Digital << Neil’s ad agency X @neilpatel X @ericosiu

Transcript

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0:00.0

When I was talking to Ken, I saw I was you know how you and I have talked about how like when we've seen our investments in the past like the best investment has been our business.

0:08.0

So I made that point, Ken, I was like hey, should everyone invest in real estate estate because that's kind of what we've been

0:13.4

sold growing up like you know our parents are always like yeah you should buy a house you

0:16.4

do this blah blah blah blah right and for many people the house is the most expensive

0:20.7

thing that they own and he and then he, so I was like, you know,

0:24.5

for us from what you've seen,

0:25.7

and then I also brought up our friend,

0:27.1

our mutual friend Steve, I was like,

0:28.8

you know, we're just really locked in on our business now.

0:30.7

And then Ken was like, I'm gonna challenge you on that and he was like

0:34.8

the reason you should have a business is so you can buy a real estate and his reasoning for that

0:39.7

is like you know all the tax all the tax benefits you get everything I'm just like mad but I don't want to think

0:44.3

about this stuff you know what I mean so I think this is something worth exploring again.

0:48.4

So he's saying have a business make money and then go buy real estate to save on taxes.

0:54.0

I think his point was that I did thank you for talking about that.

0:57.2

It's like he had a friend that had an exit for $2 billion, right?

1:01.4

I think at that point, yes, deploy it until your savings account. I think at that point yes okay deploy into your savings account I

1:04.5

look at real estate as a savings account that you don't want to touch right I think

1:07.8

maybe that's what he means but you know at least for us right now I just don't think

1:11.4

it makes sense.

1:13.4

And I look at the depreciation that you get in real estate.

1:16.1

You get great depreciation from just buying businesses as well.

...

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