E181: The Secret to Transforming the Value of Your Business with Josh McCallen

<p>&nbsp;Josh McCallen is a masterful investor, entrepreneur, and business owner. He is the Founder and CEO of Accountable Equity and owner of one of the most famous resorts, Renault Winery Resort and Golf. Renault Winery is ​​156 years old and the second oldest winery in America.</p> <p>With Josh's wife, Melanie, as the co-founder, Accountable Equity is a mastermind group and investor community of almost 300 accredited investors, buying assets and building wealth together. If you're a business owner and you want to know how your business could go from a $500,000 value to a $2 million value, be sure to listen to today’s episode!</p> <p><strong>Here are some power takeaways from today’s conversation:</strong></p> <ul> <li>About Accountable Equity</li> <li>Being in a collaborative real estate community</li> <li>Josh’s eureka moment</li> <li>How to transform the value of your business</li> <li>The leverage of real estate</li> <li>Why podcasting was another eureka moment for Josh</li> <li>The art of embracing failures</li> </ul> <p><strong>Episode Highlights:</strong></p> <p><strong>How to Transform the Value of Your Business</strong></p> <p>Many business owners think that the way to run a business is to create cash flow. The more cash flow you have, the better you are. But there’s actually more to that. Regardless of what industry you’re in, the secret is to find out the capitalization rate, get your profit up, and you’re transforming your wealth.</p> <p><strong>The Leverage of Real Estate</strong></p> <p>Businesses can operate the same way as real estate. However, real estate has this added advantage because lenders love it. They feel like it's real, it's tangible. They can go over and see the boundaries of it. And they could also see the cash coming from the business. Hence, they tend to like it because it has more "collateral."</p> <p>Now, if you have a business in the internet world, and there's no physical land, they will still evaluate your profit. But there will be much fewer lenders that are eage