Biz Owners Ed | 02/14/2020
Meet Ron Sturgeon, an all-American success story that started with meager beginnings when his father died when he was just 17 years old, leaving the entrepreneurial minded Ron with $1,000 that he parlayed into a junkyard empire worth tens of millions of dollars over the next thirty years, selling the same business twice, and building one of the most impressive car collections you’ll ever see. He has 8 published books and consulting business. Today he manages his commercial real estate business as a landlord.
In this episode, Ron talks you through how to use debt and not be risk averse. He discusses how to find the right banker, and how to treat your banker to be sure they are always on your side. He mentions that if you want to be rich, you cannot be afraid of risk, or taking on leverage. Enjoy