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The Rich Somers Report

“The World is Full of Over-Educated Broke People” | Kent Clothier E106

The Rich Somers Report

Rich Somers

Business, Entrepreneurship, Investing

5910 Ratings

🗓️ 7 November 2023

⏱️ 67 minutes

🧾️ Download transcript

Summary

Rich sits down with Kent Clothier - nationally recognized entrepreneur, real estate investing expert, performance coach, and speaker. He got his start in business at 17, helping to create a grocery arbitrage company, ultimately building the company to $1.8 Billion in annual sales by the age of 30.The Clothier family run real estate investment company has flipped more than 8,000 single family homes and the company currently manages a portfolio of over 7,500 single family homes in 11 markets. K...

Transcript

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0:00.0

take the time to do something meaningful with your life as opposed to just running for the sake of running.

0:06.1

And so I was one of those guys that it mattered to me that the company got to 1.8 billion.

0:10.2

It mattered to me that I was making millions of dollars.

0:12.1

It mattered to me all the dumb stuff that when you look up and you're left with

0:17.2

Oh now I'm divorced and you know my kid doesn't know I and you're like oh shit like all the things that I thought matter don't matter.

0:23.6

What really matters is time, the moments, you know, and take the time to invest in their relationships,

0:29.6

take the time to make the phone calls you should be making. Take the time to pour into your kids.

0:34.0

And so I've designed all my businesses at this point.

0:37.4

And this is the reason why it's so easy for me to go and put people

0:41.1

and processes in place, because I'm like,

0:42.8

this is just getting me time.

0:44.8

Welcome to the Rich Drummers report where we talk real estate, business, and wealth

0:48.6

building all while keeping it real.

0:50.3

No fluff, no BS.

0:52.0

I hope that you enjoy the show.

0:55.0

All right guys, welcome to another episode of the report. Today we are back in the studio here in downtown San

1:05.1

Diego and I got a local guest who actually lives out here in La Hoya. He's got a

1:10.7

fun in the real estate space. They're buying all sorts of different asset classes in commercial real estate. He is the founder of the boardroom mastermind. I got Kent Clotheier, Clamp. Can't welcome to the show brother. Hey man, I'm glad to be here, brother.

1:23.0

Yeah, thank you so much for coming by.

1:25.0

I've heard a lot of good things about you, and it's good to finally connect.

1:28.0

Yeah, absolutely.

1:30.0

So, you know, we got a lot of stuff going on with the economy right now.

...

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