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Ep. 34 - The Queen of Commercial Real Estate with Dara Petralia
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On this episode of the podcast, we explore the key principles for business success and personal development with a full-time real estate investor and business owner Dara Petralia. We dive into their businesses and their mindset shifts that helped them in sales, and how having a partner can relieve individual decision-making. Our guest Dara also discusses seller financing deals and how presenting an amortization schedule to the seller is an effective way to show them how much money they could make on interest.
Dara emphasized the importance of focusing on what you want instead of always considering other people's feelings, and shared how they use humor to navigate business relationships. They also discussed their experiences with seller financing and explained how it can be a win-win situation for both parties. Additionally, they shared some tips on holding employees accountable without micromanaging and the importance of coaching and feedback for employee growth and development. Tune in to hear more about their approach to business and real estate investing.Tune in to hear all this and more!
Episode Highlights:
(05:19) "Business Ventures"
(10:35) Entrepreneurial Mindset: Seeing Opportunities for Improvement.
(16:17) "Win-win: Seller financing for smoother real estate transactions"
(20:28) "Lawyer Mom's Community Service Shapes Work Ethic"
(22:55) "Unplugged: The Power of Disconnecting on Vacation"
(27:59) "Belonging to Business Groups Shapes My Perspective"
(30:56) "The Benefits of Having a Business Partner"
(34:47) "Finding the Balance: Managing Sales Teams Effectively"
(40:03) "Rochester's Appeal as a Thriving Business Hub"
(51:02) "Transforming Rejection: One Man's Experiment Journey"
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