Figure Out What's Next Before You Exit - Roland Fraiser

Dreamcatchers Hosted by Jerome Myers

Knowing what you do after an exit is key to avoiding the feeling of purposelessness. In this action-packed episode of the Dreamcatchers podcast, host Jerome Myers interviews serial entrepreneur and deal expert Roland Frasier. They discuss how Roland got his start in business at a young age in real estate and has gone on to do hundreds of profitable deals across many industries. Roland shares his philosophy that we all have a choice to take the pilot seat and decide our futures. He emphasizes the importance of having a "what's next?" lined up before exiting a business to avoid feeling lost. They also talk about how to learn deal-making, why most people only have one big entrepreneurial win, and how to look at buying companies themselves as the product after an exit.

[00:00 - 09:59] Roland on Getting Started in Business & Online

• Started in real estate sales, securities, and insurance at a very young age
• Got into the online business helping out at real estate events
• Put out his first product offer without having created the product yet

[10:00 - 18:38] Controlling Your Own Future

• You don’t have to slowly "pay dues" - don’t make an excuse not to advance
• We all have a choice in deciding and owning our futures, successes or failures
• How ultimatums make Roland defiant - will blow things up rather than surrender control
• Taking the pilot seat versus being a passenger in your own life

[18:39 - 31:41] The Importance of Direct Knowledge to the Outcome You Want

• 80/20 experience vs education ratio behind his success
• Roland started self-educating through books on real estate, business biographies
• The hunger and drive to consume everything on a topic voraciously through books, mentors, doing deals

[31:42 - 46:00] The Reality of Exiting Businesses

• Have a clear "what's next" lined up before exiting to avoid feeling purposeless
• The key is to create an exit while maintaining momentum
• No one talks about the risk of "going off the cliff" post-exit

[46:01 - 53:01] Finding Fulfillment After the Exit

• Watch out for “What's Next: Finding Fulfillment After Your Exit”
• You have to go out and take action
• Closing words

Tweetable Quotes:

“If you've got the right mindset, then there's really nothing that you can't do if you apply yourself to it.” - Roland Fraiser

“It [‘paying dues’] is an excuse for people to be okay with getting stuck. I think it's a way to make yourself feel better about it. Not having the hunger, the drive, the skills, the competence to move up to the next level.” - Roland Fraiser

"The exit will be very unfulfilling long term… if you don't know what's next.” - Roland Fraiser

Connect with Roland!

LinkedIn: https://www.linkedin.com/in/rolandfrasier/

Podcast: https://podcasts.apple.com/us/podcast/business-lunch/id1442654104

Website: https://epicnetwork.com/

Book: Business Wealth Without Risk by Roland Frasier & Jay Abraham

Resources Mentioned

Nothing Down How to Buy Real Estate with Little or No Money Down by Robert G. Allen

The Surrender Experiment by Michael A. Singer

The Art of the Deal by Donald J. J. Trump and Tony Schwartz

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