How to Become a Powerhouse in Your Industry, Matt Andrews Explains
Andrews is now a real estate magnate. He began his career by flipping houses right out of college. After learning that a neighbor he idolized had quit his job as a basketball coach to flip houses, he went down this path. Andrews will openly admit he had excellent luck in this area as he was able to make unattractive older properties into newer and improved versions of themselves. With the money he made, he branched out into investing.
After acquiring several rental properties, Andrews had great success during the 2008 economic crash and recession. While other real estate areas were at the bottom of the barrel, he was at the top of his game. With a hunger to share his knowledge with others to help them find successful careers, Andrews started a YouTube channel of "how-to" videos on flipping houses. These videos showed all the ins and outs of this process, including Andrews actively working on improvement projects. By sharing this information in engaging ways, he attracted not only students but buyers.
Fueled by this newfound ability to connect people, Andrews started the Family Mastermind program. With 85 members, this group now consists of business owners who have invested in real estate. They specialize in educating small, independent companies, and their expertise was critical in 2020 when the COVID-19 pandemic devastated the economy. Yet by focusing on finding ways to survive and motivating others, Andrews' program not only kept these businesses open but resulted in 2020 being a record-breaking year for most of them.
Today, Andrews is an early-stage investor in various seed-stage companies. Once focused on flipping houses, he has stepped up to invest in new business endeavors. While he does strive to be perceived as a serial entrepreneur, Andrews wants to be seen as a collaborator. A large piece of his business world is taking the communities he has built and offering its members to be a part of something bigger. For example, Andrews doesn't just raise funds to buy necessary items like wheelchairs; he organizes groups to put them together after the purchase.
With an uncanny ability to pulling together like-minded individuals, Andrews credits his success to investing in people. By looking for opportunities and finding the ideal team to steer these projects to completion, Andrews has become a real estate powerhouse. At the same time, he continues to assist others in scaling their own business by helping them make the right connections. Perhaps the most crucial lesson Andrews has for aspiring entrepreneurs is never to underestimate the power and potential of networking as he is living proof of its potential.
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