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ITT 218: How to Survive Financial Chaos with Samir Patel

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Archived series ("Inactive feed" status)

When? This feed was archived on August 02, 2022 09:26 (1+ y ago). Last successful fetch was on October 07, 2021 10:18 (2+ y ago)

Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.

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Manage episode 256821903 series 2362109
Content provided by Tom Morkes | business, marketing, writing, and publishing and Tom Morkes | business. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Morkes | business, marketing, writing, and publishing and Tom Morkes | business or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Samir Patel is the founder and managing partner of Trophy Point Investment Group. He bought his first hotel when he was a junior in college. Samir has successfully served as an officer in the US Army serving as the chief operations officer of a 1,000 person organization. He has engaged in real estate transactions/investments, acquisition of businesses and creating businesses for 10 years.

In today’s episode, Samir and I discuss how to mitigate downside risk by spotting financial liabilities and closing them up and more broadly, handling the chaos.

In this broadcast, Samir and I talk about:

  • How does Samir turn companies around
  • Where did Samir’s entrepreneurship journey begin
  • How did Westpoint shape Samir’s business mindset
  • How was Samir able to handle his side hustles while on active duty
  • What caused Samir to pursue business ventures full-time
  • What it’s like to turn around after bankruptcy
  • The importance of honesty and knowing when to let people go
  • The importance of communication and asking questions regarding loans
  • What does Samir look for in terms of chaos and uncertainty
  • What should brick and mortar stores prioritize
  • How the complexities of loans can be managed effectively

How to Connect with Samir:

Get the Latest Broadcasts of In The Trenches on Your Favorite Podcast Platform:

Subscribe to In The Trenches on iTunes

Listen to In The Trenches on Spotify

Get your weekly dose of In The Trenches on Google Play

How You Can Support In The Trenches

Did you enjoy today's broadcast of In The Trenches? Please click here to leave an honest rating and review on iTunes. Your review helps me spread the word of this podcast, which allows me to line up amazing guests and continue to produce this podcast ad-free. Thanks so much in advance for your support.

Podcast and show note production by Nives Kurjak. Click here to get 10% off your podcast production for life.

  continue reading

230 episodes

Artwork
iconShare
 

Archived series ("Inactive feed" status)

When? This feed was archived on August 02, 2022 09:26 (1+ y ago). Last successful fetch was on October 07, 2021 10:18 (2+ y ago)

Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 256821903 series 2362109
Content provided by Tom Morkes | business, marketing, writing, and publishing and Tom Morkes | business. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Morkes | business, marketing, writing, and publishing and Tom Morkes | business or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Samir Patel is the founder and managing partner of Trophy Point Investment Group. He bought his first hotel when he was a junior in college. Samir has successfully served as an officer in the US Army serving as the chief operations officer of a 1,000 person organization. He has engaged in real estate transactions/investments, acquisition of businesses and creating businesses for 10 years.

In today’s episode, Samir and I discuss how to mitigate downside risk by spotting financial liabilities and closing them up and more broadly, handling the chaos.

In this broadcast, Samir and I talk about:

  • How does Samir turn companies around
  • Where did Samir’s entrepreneurship journey begin
  • How did Westpoint shape Samir’s business mindset
  • How was Samir able to handle his side hustles while on active duty
  • What caused Samir to pursue business ventures full-time
  • What it’s like to turn around after bankruptcy
  • The importance of honesty and knowing when to let people go
  • The importance of communication and asking questions regarding loans
  • What does Samir look for in terms of chaos and uncertainty
  • What should brick and mortar stores prioritize
  • How the complexities of loans can be managed effectively

How to Connect with Samir:

Get the Latest Broadcasts of In The Trenches on Your Favorite Podcast Platform:

Subscribe to In The Trenches on iTunes

Listen to In The Trenches on Spotify

Get your weekly dose of In The Trenches on Google Play

How You Can Support In The Trenches

Did you enjoy today's broadcast of In The Trenches? Please click here to leave an honest rating and review on iTunes. Your review helps me spread the word of this podcast, which allows me to line up amazing guests and continue to produce this podcast ad-free. Thanks so much in advance for your support.

Podcast and show note production by Nives Kurjak. Click here to get 10% off your podcast production for life.

  continue reading

230 episodes

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