Billionaire CEO Gives 10 Best Lessons For All Entrepreneurs

Join Ken McElroy who has managed over $3 billion in transactions and owns over 10,000 units, as he dives deep into the lessons learned from years of experience. From mastering cash flow and capital gains to overcoming market crashes and embracing business realities, this video is for anyone looking to succeed in business or investing.
Ken has a real estate strategies podcast! Follow your favorite platform each week.
Apple Podcasts: apple.co/3jDqftx
Spotify: spoti.fi/31GUDwW
Follow Ken on social media at: x.com/kenmcelroy
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Visit Ken's Bookstore: kenmcelroy.com/books/
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ABOUT KEN:
Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
Ken's company: mccompanies.com/
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DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind.
Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’
Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel.
Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites.
All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate. Comments which are off-topic, offensive or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates.
2024 KenMcElroy.com, LLC. All Rights Reserved.
#kenmcelroy #realestate #realestateinvesting #CashFlow #BusinessGrowth #Entrepreneurship #PropertyManagement #RealEstateMogul #BillionDollarTransactions #MarketStrategies #FinancialFreedom #CapitalGains #RealEstateTips #PropertyInvestment #BusinessLessons #FinancialResilience #NavigatingCrashes

[@KenMcElroy]

If you want to support the channel, please share this video to increase its reach. It would really help us out, and it motivates Ken to make more videos. Thank you so much it really means a lot.

[@failforwardfast8609]

Thank you Ken, love your contents this video is no exception. I will be sharing it.

[@prakashshahi9137]

😊😊😊

[@rifleman42051]

Ken McElroy = The GOAT of Real Estate!!! These are some great tips!

[@jaxonkurtis]

Yuuup 🔥🔥🔥

[@IanDangerfield]

The density of information is awesome 👌

[@bruceduckett87]

Family & Health Are the MOST Important! Knowledge Equals Power, Power Equals Freedom!

[@tommyknocker4829]

There is so much common sense in these 10 points. Aside from providing a framework for managing enterprises small or huge, they also apply to managing the business of life. This is a priceless video.

[@nathanowens8365]

Ken has to be one of the coolest billionaires

[@anthonyrussell4888]

The informal videos are tight, Ken. Your insights are always appreciated.

[@arboradvising6291]

Thank you Ken McElroy and team for another great video on the 10 Best Lessons for Entrepreneurs. The one that stuck with me is focussing on your existing clients and not neglecting them as you foster new business relationships. This is so important to remember because they chose to work with you and you owe it to them to bring them your best service and attention.

[@leeaaron7856]

Very down to earth advice. Love this video. Thanks.

[@blackswan9678]

Loved this, thank you!!!

[@BrianKlimes]

I am always learning from you and charting a new path forward. Thank You.

[@sudipmonbal5679]

You definitely have my sub. This content is next level. For me Eledator was the turning point. Please keep doing what you do and keep being you, love it.

[@ComfortVibrations]

I quit my job few days ago and started a KZbin channel, cause I had enough of boring, low budget and miserable life. I always wanted to do this, but always was affraid of it and the time for changes has finally come. I hope I'll succeed, fingers crossed!

[@yoyomawh4091]

Thanks for your insight

[@longwoodcurrencytrading]

Outstanding presentation, Ken. Thanks for sharing your insights.

[@josejmartinez6950]

ken that was great insight thanks

[@kellymorvant]

Wow great information! Love your shirt. Go Cajuns!

[@PravitLochan]

High level advice…thanks!

[@jayprakashbharti8723]

Thank you for your research. I find your videos are well done. RIght now I'm keeping an eye on Eledator

[@topnotchserviceco]

Amazing this is what we need to hear

[@awkwardt]

Hard earned lessons translated into an easy to understand and meaningful message. Thank you.

[@annmich7384]

Thanks Ken 👍

[@KyserMont]

Great video Ken!

[@schokrates8664]

number 11: put your feet on the table while talking 😂

[@danbragg]

Great video! Many great points but I must say the thumbnail implies the “value ladder” which is not mentioned in the content.

[@s4lino]

Thank you Ken, for sharing these tips and mistakes and to save others time and pain like 'Grandpa AI', following on from your point 10...how does one know when/how much to put into family, friends over business esp when business is low-going (health is easier as one can generally feel the pain/energy in lack/the guy in the mirror, etc) as same with your customer to money = paid employees = got a business cycle /loop/wheel but if money/business is failing how does one put more or same goodness/value into family and friends to keep to a 'pass' value as they are like the employees that need to be paid in other value currencies or they get grumpy and the neg effects can flow onto the Man of the household and affects his business clarity and the death loop starts or worse when it overkills it leads to rage quits/divorces and the business probably still not much better...or further derails the foundation of the company as the energy of the family kills the employee holder mechanism then it's all nukes free range...or can you give a percentage transfer or value for maybe each decade that you went through eg. 30/40/50/60/70 and the % in business vs family and friends focus chart with notes describing major events and what your choices were or maybe how you would do it better this time around given your insights or are there products/ways to reduce the damage and have a better buffer first time around? (I imagine most people's journey when they start is into business a slight more than family and friends since a business owner over being an employee situation then more into business as its the hard foundation stage then some p**p event happens then maybe learn on family till no longer can pay their value then force back to save the business or drum it back again if family give 'faith' or haven't left yet then for simplicity's sake, found and called 'Ken AI' did this and applied that and got back on track or sold for a big sum then can focus like a pilgrim back to family and friends and pray for a joy ending? or how to hold it all together when the toughest times hit is maybe the key as the others are like a dilution event, hopefully this makes sense.

[@LP-gs3xj]

Stay flexible. Ha ha. One day going through a software upgrade/conversion the transition wasn’t going well. During a strategic meeting I said “paint me green and call me Gumby”. A week later a Gumby doll was on my desk. 12 years later it is still on my desk in front of me. GREAT video. One suggested video- transition planning- 70 years old and trying to pass real estate on to kids. 2 clueless. One is dead on but like the 4th, paralysis by analysis. Just a thought

[@KaayJaay]

Like a boss!! Cash is king!

[@LiveInTheNow247]

Shoes on table is additional coolness!

[@ElJefe360]

All roads leads to Mr. Wonderful "Cash Floooooow"

[@DietmarDyck]

#10 can't be said enough Ken, and all 10 are all goldern nuggets 💰💰💰

[@eddylauterback1312]

Golden, not goldern

[@DietmarDyck]

​@@eddylauterback1312 ........... dyslexia

[@cremls]

Inventory, prayer and meditation are the basis of an unshakable life. 😊

[@lubosimaboshe]

Congratulations on becoming a billionaire Ken. Awesome video

[@mjed1654]

Great video even for non RE folks like myself

[@Tkenny35]

Would love to see a video with you and Ross on your partnership. What makes a good partnership, what makes you and ross good partners, your guys origin story etc!

[@1031311gm]

if i could give this video 5 of 5 stars, i would. i like the poster on the wall

[@lori25hu]

6 years , You came a long way 👍🏻

[@killerrush77]

Ken, your shirt says Cajuns, are you from the south LA area? i am.

[@apple1231230]

Great advice Ken, not sure if I’ll ever actually be a billionaire but a few hundred million seems completely reasonable :).

[@corylwalker9520]

Facts

[@AbelWasswa-vb3su]

Thank you for build me 🧑‍🎓🧑‍🎓

[@EcomCarl]

The billionaire CEO's top ten lessons offer invaluable guidance for any entrepreneur. Prioritizing cash flow and maintaining a balance between the needs of employees, customers, and the business itself is essential for sustainable growth and success. 💰

[@marksereno7849]

Love fail and learn. I bought 7 houses last year which needed moderate to heavy rehabs with out knowing much about rehabs. It’s been the hardest thing I’ve ever done in my life, but I kept going and some days wanted to throw up and cry, divorce my wife and throw my kids away but kept going. Things are making progress and I’m glad I took action.

[@Rabel-gg7pp]

Was it really worth it? Divorce your wife and throw your kids away..

[@lourensstrydom9707]

Is your vision only US-based? Or would you consider investing in real-estate in a country like South Africa?

[@Greg_Chase]

It's surprising, the ADD prevalence. If you talk to people who quit a decent career path for the uncertainty of independence, many will say "the lack of variety and lack of control over my path were intolerable" Many people seek out highly predictable careers: mailmen, teachers, policemen, etc. Some of us have zero ability to do that, the same thing for decades. I had my last corporate job 4 years out of college, and did tasks that made me embarrassed for my education, but everyone who is self-made does that. A CEO making $2 million a year can have his income reset to $0 overnight. No thank you. There were people who worked factory jobs for decades. Auto makers still do that. I don't see how they manage it. .

[@perennialcannabisbrand2602]

Have the Cajuns played the Lil' Lopezers?

[@ashog1426]

I just had an 11 hr work day 😢 hopefully I can invest into RE soon

[@joesmith4388]

11 hrs is a lot?

[@walterperu68]

You forgot the Cuban cigar, Ken

[@JimCasler]

Sounds like you might be running on EOS

[@user-bh8ko3mm4p]

Definition of success is doing business after you made time for a daily workout, family and friends.

[@p0werl0ve]

love his advice. only did not get what is the intent behind the viewer having to watch his shoes in a close up. bad angle.

[@Mahabone]

A property manager college grad figures why am I running this company for $15 an hour when if I can just learn how to raise up the debt I can become the CEO. 👌

[@rickcampbell4920]

How do you eat an elephant...one bite at a time!

[@Daltonsabwe]

Any Ugandan🇺🇬 here ??

[@Sublimethoughtswithnathan]

Ken, no more feet on the table. I would suggest your normal format.

[@MC-zj5rv]

I would suggest you focus on the content instead of where he has his feet

[@Sublimethoughtswithnathan]

@@MC-zj5rv 😂

[@eddylauterback1312]

If you have the secrets of making millions, why do you waste time doing these videos? Oh, he makes chump change from KZbin.

[@petitemmanuel3199]

Is Good To Be Shearing Ok Bruh!! That It Is Even Why Teams Has Make KZbin Available For You And I To Be Able To Comment Right.. Is Call Shearing..

[@janitoronfire]

Not a billionaire.