Ep #96: Good Success in Life and Business with Wayne Sheaffer and Tom Olson

We’re really excited to welcome two real estate sages and close friends to the podcast: Wayne Sheaffer and Tom Olson! Wayne and Tom are the masterminds behind Good Success, a real estate company with a powerful motivation to give back to others.

Wayne and Tom built their company in the wake of the real estate crash of 2008. Building on a foundation of four core values, they’ve created a widely-recognized investment company in the Midwest that closes an average of 15 deals a week.

Whether or not you invest in real estate, Wayne and Tom share some essential advice for anybody out there running a business. They talk about how they achieve their targets for growth, the importance of identifying your end goal, and why they’re not in investment merely for the money.

Listen in below…

[powerpress]

Minute Markers:

1:00 – How David met Wayne and Tom in the wake of 2008’s real estate crisis as they built their business.
3:05 – The meaning of “good success” and how it’s shaped the Good Success business model.
4:40 – The four core values of Good Success and why it’s important to give back through business.
7:50 – Why real estate is a good vehicle through which Tom and Wayne can do charitable and community work.
9:05 – The initial growth, employment, and profit goals of Good Success that paved their lucrative path.
15:55 – Definitions of turnkey properties and active turnkey properties, and the pros and cons of both.
20:42 – Why active turnkey properties can be riskier, but better opportunities.
23:40 – The huge number of offers Good Success makes every week.
25:19 – Why you shouldn’t (and can’t) implement this business model all by yourself.
26:27 – Where Tom and Wayne think we are in the market cycle, and when we may experience the next downturn.