98: Recognizing and Seizing Opportunities with Toby Salgado




The Solopreneur Hour Podcast with Michael O'Neal  show

Summary: As a solopreneur, we all know the necessity of seeing an opportunity and taking action on it. That there are always opportunities can be said of any industry and certainly can be said of real estate. And in seeing and seizing those opportunities, there are lessons for every solopreneur. From evaluating an opportunity to the art of being detached in negotiations, there are nuggets for you and your business. And joining us in Studio 86 to talk about that - and more - is my friend, fellow podcaster, and serial solopreneur Toby Salgado. More About This Show In every industry, there are opportunities to be had. In episode 98, I talk with Toby about what it’s been like for him in the real estate investment market: how he has and continues to discover opportunities, seize them and build upon them for greater and greater success. Toby got his solopreneur hustle on at the tender age of 9 and has been unemployable ever since. He found an opportunity in one of his dad's magazines and acted on it. By taking that action, he earned $1200 - remember, he was 9! That was just the beginning for Toby. On this show, he shares his personal journey, including how many times he’s failed, how many times he’s won and how he progresses with each experience. You'll also discover things like: S.MA.R.T goals: what the acronym stands for and how to applies to your business. People either think too small or too big: and how to avoid falling into that trap. What Toby says it takes to be successful in any industry, real estate or otherwise. What I learned from my dad's stone crab business: a lesson on being detached. Toby shares the statistic on how many times solopreneurs will fail before they hit a big win. Toby’s a wealth of knowledge, having built many companies and brokered deals worth millions. And in this episode, he drops that knowledge! But even if you aren’t about to drop $400k on an investment, Toby’s lessons will apply to your business. The show isn’t all about business though, Toby and I share a love of Porsches and a love of car racing. One particular aspect of vintage cars we discuss - and it’s something that isn’t widely-know - is the art of investing in them. It’s a technique both Adam Carolla and Jay Leno use; some people invest in real estate or stocks, other people buy beautiful vintage cars and watch their value appreciate. Whatever your investment interest or your solopreneur endeavor, this episode will have something for you…including a little walkie-talkie humor! It was a pleasure to have my friend in the studio for this show and I hope you enjoy it as well. Show Our Sponsor Some Love! Get Yourself a $2.95 domain name from Godaddy with the promo code “solo295″ AND get 25% off new products from GoDaddy when you use promo code "solo25" Episode Resources Toby's web site Toby on Twitter Connect with Toby on Facebook GoDaddy: Your $2.95 Domains! 25% off new products with GoDaddy Speedhunters Comedians in Cars Getting Coffee Nice Drives Would You Help Spread the Word About the Podcast? I’d be forever grateful if you helped share the podcast.  Click here for a pre-populated tweet to help spread the word to your friends on Twitter.  THANK YOU! Feedback on the Podcast If you have any suggestions for upcoming shows or a question for an upcoming episode, leave a comment below. If you enjoyed this podcast, I’d be extremely grateful if you would take a second and leave me a review and rating over on iTunes.  Your taking a minute to do this allows me to help more people with this podcast, so I really appreciate it (once on that page, simply click on the “View in iTunes” button to leave your review — thanks very much!)