What Most People Get Wrong About Buying Businesses | Trish Scelfo E504
The Rich Somers Report
Rich Somers
5.0 • 1K Ratings
🗓️ 16 May 2026
⏱️ 56 minutes
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| 0:00.0 | Hey guys, we are buying two more boutique hotels along the California coast here with Summers Capital, |
| 0:04.8 | 45 rooms off market in Catalina Island, and a second deal up in Vodega Bay, which will make a total |
| 0:10.3 | of eight boutique hotels owned and operated. Our investors get passive income, tax benefits, |
| 0:14.7 | and the best part is, unlike investing on Wall Street and a lot of these other asset classes |
| 0:18.6 | like multifamily, our investors get to go and stay and experience these boutique hotels firsthand to see how their money's working for them. And so if you want to learn to see if we can help you before this opportunity fills up, you can go to somerscapital.com slash invest to book a free call with my team. Again, at summerscapital.com slash invest to book a free call of my team. Now let's jump into the show. A lot of people are chasing revenue, but if you're swimming against the current to get it, |
| 0:42.1 | you're not going to be happy. |
| 0:43.3 | In any business, a core principle to being successful is having a team that's rowing the boat |
| 0:49.9 | in the same direction. |
| 0:51.4 | Making the right match from the beginning really ensures that you're not swim and upstream. |
| 0:56.3 | Get your processes and your systems right. |
| 0:58.6 | Get the right people in the right seats. |
| 1:00.7 | And don't be working in your business. |
| 1:02.9 | Work on your business. |
| 1:05.3 | Do we think about our customer service? |
| 1:07.0 | Do we think about our employees? |
| 1:08.6 | Are they happy? |
| 1:09.2 | Are they staying? |
| 1:10.1 | Are they evangelists for our |
| 1:11.7 | brand? All of that stuff creates legacy. All right, guys, today I got someone who's doing |
| 1:20.6 | big things in the franchise space helping business owners and new business owners every day. |
| 1:25.2 | People buy businesses, buy franchises. I got the founder, the CEO of minty match.com, Trish Scuffo in the building. What's up, Trish? How are you today? I'm doing great, Rich. Thanks for having me. Yeah, I appreciate you coming on and coming all the way out here from the East Coast. You're going to be on our yacht workshop tomorrow. I cannot wait. Very excited about that. Yep. And I'm very excited about this conversation today. I think he's a big conversation that, you know, a lot of business owners or new business owners that want to get into business, they have to have. We're in the hotel game, right? And this is the decision in the hotel game. If you're going to be a hotel operator or hotel investor, it's like, okay, do you go boutique, you go independent and build your own brand, do your own |
| 2:06.4 | marketing, or do you go franchise model and work with some of these soft brands out there that a lot of |
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