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From Minimum Wage to $1500/ hour: Insights from Self Storage Expert Charlie Kao
In this episode of The Freedom Chasers podcast, we welcomed successful real estate professional Charlie Kao as our special guest. Charlie is a multi-faceted entrepreneur who has found significant success in the self-storage and assisted-living industries, and now charges $1,500 per hour for his services. His journey began when he offered to work in his father's storage facility, where he learned the ropes and gained a deep understanding of the self-storage market. He later transitioned to real estate and eventually became an expert in the field, leveraging his knowledge to grow his business.
One of Charlie's key pieces of advice for those looking to get into a high-potential niche market is to gain valuable knowledge and experience by working in that industry for minimum wage, if necessary. He offers his own example of how he got started in self-storage by offering to do data entry for a well-known podcaster in exchange for learning opportunities. He believes that building value and rapport with industry professionals is crucial for long-term success.
Charlie also discusses his journey from sales to real estate and how he used his business acumen to become a successful entrepreneur. He emphasizes the importance of serving others and building good relationships, and says that he was able to reach out to self-storage owners by using his industry knowledge and asking qualified questions. He believes that his marketing skills transferred easily from self-storage to assisted living facilities, where he has since become an expert.
As a father of four, Charlie values his family life and is committed to balancing his work and personal responsibilities. He is known for his financial literacy and encourages his children to ask questions and learn about money management. Charlie's plans for the next 12 to 18 months include building systems and outsourcing tasks worth less than $100 per hour, as well as balancing his work and family life. He believes that simple and efficient systems are key to success, and encourages listeners to evaluate their own processes and make changes if necessary.
In conclusion, Charlie Kao is a successful real estate professional with a wealth of experience and knowledge in multiple industries. He believes in the importance of gaining valuable experience, building relationships, and simplifying information in order to achieve success. He encourages listeners to focus on their family life and prioritize their personal relationships, as well as evaluate their processes and make changes for the better.
Schedule a FREE coaching call: coaching.freedomchaserspodcast.com
Don’t Forget To Reach Out to Charlie Kao
IG: https://www.instagram.com/charlesckao
Twitter: https://twitter.com/TwinOaksCapital
Linkedin: https://www.linkedin.com/in/charliekao/
Website: https://www.twinoakscap.com/
Email: info@twinoakscap.com
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