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Pay or Quit
Welcome to Pay or Quit, the podcast for entrepreneurs and business owners who are ready to face the unfiltered truth of what it takes to succeed. Host Shawn Austin Johnson brings you a show that goes beyond the polished success stories and dives into the real, messy, and often challenging aspects of business ownership.
This podcast is designed for those who sometimes feel alone in their entrepreneurial journey, struggle with imposter syndrome, and find themselves on the brink of burnout. We understand the highs and lows you face, and we're here to provide the reassurance and candid insights you need to keep pushing forward.
Shawn and Tony aren't afraid to tackle the tough conversations and offer their seasoned perspectives on what truly matters in business. From industry trends to personal challenges, each episode cuts through the noise and delivers the raw, unvarnished truth. Expect in-depth discussions, spicy takes, and occasional interviews with guests who are ready to confront the hard questions head-on.
Tune in every week to get a behind-the-scenes look at the realities of entrepreneurship. It's not always pretty, but it's always real. Buckle in, because it might get messy.
Pay or Quit
S1: E7 Asking For Feedback Can Turn Against You?
To see if you're a fit for Shawn's exclusive Generational Wealth Framework for PMC owner's program: Schedule here
Strategies for Effective Masterminds and Real Estate Investing
In this episode of 'Pay or Quit,' hosts Tony Cline and Shawn Johnson delve into the importance of providing feedback and the best ways to share experiences rather than directives in professional settings. They introduce key elements of successful masterminds, emphasizing the significance of clear and common goals, structured meetings, relationship-building, and accountability. Additionally, they explore the benefits of one-on-one meetings in fostering strong company cultures and reducing turnover.
The episode also provides valuable insights into the financial advantages of real estate investing, covering topics such as cash flow, appreciation, loan paydown, tax benefits, and leveraging inflation as a hedge. Listeners are encouraged to utilize these insights to elevate their status in the property management and real estate investing markets.
00:56 Today's Big Agenda
01:15 Mastermind Success Recipes
02:38 Structuring Effective Masterminds
05:26 Building Strong Mastermind Relationships
07:25 Setting Clear Goals and Accountability
13:29 Mastermind Meeting Frequency
17:54 Contributing and Commitment in Masterminds
26:42 Mastermind Success and Community
27:27 Six Critical Steps to Effective One-on-One Meetings
28:28 Defining and Conducting One-on-One Meetings
35:59 The Importance of Follow-Through in One-on-Ones
42:17 Investing in Real Estate: An Overview
42:38 Five Ways to Profit from Real Estate
50:30 Leveraging Opportunities in Property Management
53:35 Conclusion and Future Topics
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