Jefferson Lilly is a self-made millionaire, mobile home park investment expert, educator, and industry consultant who has been featured in the New York Times, Bloomberg Magazine, and on the ‘Real Money’ television show. Jefferson co-founded Park Street Partners which owns 17 MHPs totaling over $32mm in value and is the host of The Mobile Home Park Investors Podcast.
Entrepreneurial Role Models:
- Warren Buffett
- Steve Jobs
When business started difficulties overcame:
“Even after having the time and switching into this business full time I still didn’t view myself as a money manager and that held me back, I was just ‘managing’ my own money in my first park and then the second park and I should have thought much more quickly about raising outside capital”…[Listen for More]
Favourite Books:
The Snowball: Warren Buffett and the Business of Life Book by Alice SchroederFavourite Quote:
“Nothing in this world can take the place of persistence, talent will not, nothing is more common than unsuccessful men with talent, genius will not, unrewarded genius is almost a proverb, education will not, the world is full of educated derelicts. Persistence and determination alone are omnipotent”
Recommended Online Resources:
The Entrepreneur Organization enables entrepreneurs to learn and grow from each other leading to greater business success and an enriched personal life
Best Advice to Other Entrepreneurs:
“Get that advisory board, get people helping you for free who have been there and done that and then pay it forward, you probably can’t ever pay them back but then when you’re a big success you take the time to help others coming up behind you”…[Listen for More]
More About Jefferson Lilly:
Neil’s Quote at the Beginning:
“A straightforward answer to a straightforward question will move you that much more forward in this world, that much faster.” Loren Weisman
Other Quotes From the Chat with Jefferson Lilly:
- “Network with other people, build that board of advisors”
- “If you’re not at your core motivated then you’re not likely to be successful in whatever your chosen path may be”
- “Use your ears twice as much as your mouth”
- “When you’re talking you’re not learning”
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