#123: Escaping the Broken Education System for Success with Jerome Maldonado
from Next Level Pros
by Chris Lee
Published: Sat Sep 07 2024
Show Notes
Welcome to a new episode of The Founder Podcast! Today, we're excited to have real estate investor and entrepreneur Jerome Maldonado joining us. Jerome has built an impressive $600 million real estate portfolio over the past 28 years, focusing on sustainable and workforce housing. What's fascinating about Jerome's journey is his unique perspective on working with immigrant business partners versus those from the US. He believes immigrants who aren't "jacked up" by the US education system often make better partners, as they're more eager to learn. Dive into Jerome's insights and lessons learned over his 30+ years in the industry and discover a new perspective on education.
Highlights:
"You know, what's great about America is that I love and I tell people, this is I'll take an immigrant as a business partner over somebody from the United States nine times out of 10."
"If I would have known 10 years prior that people would have really believed in me, I would have grown exponentially."
"What I caught it big is when we're going to the 2008recession, I bought a bunch of subway stores."
Timestamps:
- Introduction
- Scaling Through Outside Capital
- Lessons Learned Over 28 Years in Real Estate
- Dealing with "Bottom of the Barrel" Employees
- Navigating Economic Challenges
- Dealing with Investor Emotions
- Adapting Strategies Amidst Rising Costs
- Transitioning to a More Hands-Off Role
- The Curious Case of American Food
- Jerome’s Tips for Better Relationships- Jerome’s Future Goals and Plans
- The Power of Enjoying the Now & Conclusion
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