Building Passive Wealth Through Scaling and Outsourcing with Jeff Mendelson

Jeff Mendelson is the founder of Effectivo.Social, a digital marketing company located in Miami, FL. With deep international business experience, Jeff has successfully transitioned from various tech and sales positions to becoming a consummate entrepreneur.  He started and built his company with a foundation that includes delivering services at scale and employing a worldwide network of freelancers, bloggers, web designers, and project managers. Since going independent (i.e. fired from his last job) in January 2009, Jeff has dedicated himself to designing his own lifestyle and enabling his staff to do the same.  Jeff continues this tradition of paying it forward and lifestyle design by traveling and working out various locales worldwide.

 

[00:01 - 09:54] Opening Segment

Jeff shares his multi-career life
How Jeff’s life and career works 
Finding people the best in places he isn’t the best in

 

[09:55 - 19:07] Building Passive Wealth Through Scaling and Outsourcing

Hiring the Next Person and Scaling Your Business
Why do you work all those crazy hours?
Sacrificing some of your capital to scale
Your First Hire: Jeff talks about the one thing you should find

 

[19:08 - 31:22] Hiring Great and Training to be the Best

Cultural Differences that Come Along with Outsourcing
The Best Way to Work with Virtual Assistants 
How to Ensure that Outsourced Hires Reach Your Standards
What and When Training is Enough

 

[31:23 - 42:36] Closing Segment

Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.

What is the best investment you've ever made other than your education?In the gear that he purchases

Jeff’s worst investmentPurchasing a course

What is the most important lesson that you've learned in business and investing?“You need to serve your clients to the highest level.”

Connect with my guest. See the links below.

 

Tweetable Quotes:

“Rest is important.” - Jeff Mendelson

“Slack is fine.  The metric for how well someone is doing for you has to do with the fact of how much or how little contact they need.” - Jeff Mendelson

“We cannot hustle forever.” - Jeff Mendelson

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Connect with Jeff Mendelson through The One Big Tip Podcast, Facebook, Twitter, Instagram, and LinkedIn.  Visit his website https://jeffmendelson.com/. 

 

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 

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