Pete Barrow We are a family owned business, based here in Indianapolis, with a focus on providing the reliability and responsiveness that you need in order to make your real estate investment a success. We have 5 team members with approximately 80 years of combined experience in construction and real estate investing.
Entrepreneurial Role Models:
Non-specific
When business started difficulties overcame:
“the biggest thing was like I said we weren’t in a very good market, we actually had to relocate 600 miles to get in an easier market, a more affordable market. That and just lack of start-up money. I actually don’t consider us all having to relocate 600 miles… I don’t really consider that too bad a hardship. We’ll kind of like the environment here a lot and everyone is pretty well adjusted to it”…[Listen for More]
Favourite Books:
Favourite Quote:
“it’s important to just listen to what the market is telling you to do”
Recommended Online Resources:
Bigger Pockets – Real Estate Investing Education, Tools & Networking. Learn how to invest in real estate with educational resources, evaluate properties using expert tools, and connect with other investors.
Best Advice to Other Entrepreneurs:
“no magic trick, there is no easy way, there is no golden path. There’s just… you get an idea, you work, you think, you struggle, you put in a lot of hours… There is certainly a lot of knowledge you need to have but there’s not just some trick that will make it easy. It really is a skill game. It really is a skill business, you have to have skills… You have to be able to build decent relationships with people… That would be my advice. There is not magic trick, there is not a secret that will make it all happen for you, it’s just about learning a lot of little skills and putting things together and working hard and getting better”…[Listen for More]
More About Pete Barrow:
Neil’s Quote at the Beginning:
“Many companies get trapped by the paradox of hitting numbers ‘now’ versus improving sales for future quarters or years ahead.” Tiffani Bova, Salesforce
Other Quotes From the Chat with Pete Barrow:
- “very quickly when you do something like this you kind of have to invent your own way. There is almost never going to be anyone that you can just follow their path. You have to find what works for you in your market and where you are and what your skills are”
- “it’s just about work and putting in the time”
- “it’s just a lot of hours, a lot of work”
- “I think most people understand that if you are going to have your own business that you are kind of always at work”
- “have some idea and then understand that it’s all about work and effort and constant thinking about how to improve and how to listen to what’s going on and change what you are doing so it works better. There is no magic secret.”
- “You really cannot just say here’s my business plan and I’m going to implement this and I’m just going to do this for the rest of my life. You may be able to do that but I think for most people conditions change. What works change is and what people want changes and you must keep up with that or you will fall by the wayside”
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