Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Pricing

Albert Preciado

👤 Person
288 total appearances

Appearances Over Time

Podcast Appearances

The Money Mondays
What Does It Take to Reach a Billion-Dollar Valuation? w/ Albert Preciado 🏘️ EP111

We'll bring people that are marketing experts. So we'll bring experts in every field. And then we'll have operations, systems, processes, information, sales, all of that. But one of the main things that I see lacking in seminars in general is operations, systems, and processes. I don't like doing anything that's not worth my hour.

The Money Mondays
What Does It Take to Reach a Billion-Dollar Valuation? w/ Albert Preciado 🏘️ EP111

We'll bring people that are marketing experts. So we'll bring experts in every field. And then we'll have operations, systems, processes, information, sales, all of that. But one of the main things that I see lacking in seminars in general is operations, systems, and processes. I don't like doing anything that's not worth my hour.

The Money Mondays
What Does It Take to Reach a Billion-Dollar Valuation? w/ Albert Preciado 🏘️ EP111

So like if you're worth if you make X amount of money a month a year, you divide that by 2080, that's going to give you what your hour is worth. So if your hour is worth $1,000, then you shouldn't be doing anything less than $1,000 an hour. Some people are worth $15,000 an hour. So you should just value your time because you can't get it back.

The Money Mondays
What Does It Take to Reach a Billion-Dollar Valuation? w/ Albert Preciado 🏘️ EP111

So like if you're worth if you make X amount of money a month a year, you divide that by 2080, that's going to give you what your hour is worth. So if your hour is worth $1,000, then you shouldn't be doing anything less than $1,000 an hour. Some people are worth $15,000 an hour. So you should just value your time because you can't get it back.

The Money Mondays
What Does It Take to Reach a Billion-Dollar Valuation? w/ Albert Preciado 🏘️ EP111

And you want to focus on the big ROI, whatever returns you the most. So what I've learned making a lot of mistakes is hiring a lot of people. Grant Cardone, my mentor, he was my one-on-one mentor. I was his best student. And he'll tell you that if you ask him, he'll probably grin a little bit. But I love Grant Cardone. I have nothing bad to say about Grant Cardone.

The Money Mondays
What Does It Take to Reach a Billion-Dollar Valuation? w/ Albert Preciado 🏘️ EP111

And you want to focus on the big ROI, whatever returns you the most. So what I've learned making a lot of mistakes is hiring a lot of people. Grant Cardone, my mentor, he was my one-on-one mentor. I was his best student. And he'll tell you that if you ask him, he'll probably grin a little bit. But I love Grant Cardone. I have nothing bad to say about Grant Cardone.

The Money Mondays
What Does It Take to Reach a Billion-Dollar Valuation? w/ Albert Preciado 🏘️ EP111

And he, 11 years ago, I went to his first seminar, 30 people. And he told me, you got to grow your army. But it's risky growing an army because you got to pay them. And you gotta pay people, right? It's salaries and all that stuff. So now, we have over 500 people that work for us. And I have like four assistants. I have a driver now, security. We have five full-time videographers in-house.

The Money Mondays
What Does It Take to Reach a Billion-Dollar Valuation? w/ Albert Preciado 🏘️ EP111

And he, 11 years ago, I went to his first seminar, 30 people. And he told me, you got to grow your army. But it's risky growing an army because you got to pay them. And you gotta pay people, right? It's salaries and all that stuff. So now, we have over 500 people that work for us. And I have like four assistants. I have a driver now, security. We have five full-time videographers in-house.

The Money Mondays
What Does It Take to Reach a Billion-Dollar Valuation? w/ Albert Preciado 🏘️ EP111

Everybody's in-house. We have 40 salespeople on the floor. We have a full-time accounting team, processing team, SIL runs operations. I get to do the cool stuff. I shouldn't do that, huh? I get to do the cool stuff. So I'm doing podcasts with Dan. I'm going to parties, drinking nice champagne. I'm doing events. I'm recording stuff. So it's like the fun stuff.

The Money Mondays
What Does It Take to Reach a Billion-Dollar Valuation? w/ Albert Preciado 🏘️ EP111

Everybody's in-house. We have 40 salespeople on the floor. We have a full-time accounting team, processing team, SIL runs operations. I get to do the cool stuff. I shouldn't do that, huh? I get to do the cool stuff. So I'm doing podcasts with Dan. I'm going to parties, drinking nice champagne. I'm doing events. I'm recording stuff. So it's like the fun stuff.

The Money Mondays
What Does It Take to Reach a Billion-Dollar Valuation? w/ Albert Preciado 🏘️ EP111

But what I do mostly is the vision part. So I'm a huge visionary, but a huge visionary compared, I mean a huge visionary working along a strong operator and having strong team employees and Salesforce and running the right ads and all of that stuff. You create like an engine that runs without you and you step away and it's still printing money And you don't have to be there all the time.

The Money Mondays
What Does It Take to Reach a Billion-Dollar Valuation? w/ Albert Preciado 🏘️ EP111

But what I do mostly is the vision part. So I'm a huge visionary, but a huge visionary compared, I mean a huge visionary working along a strong operator and having strong team employees and Salesforce and running the right ads and all of that stuff. You create like an engine that runs without you and you step away and it's still printing money And you don't have to be there all the time.

The Money Mondays
What Does It Take to Reach a Billion-Dollar Valuation? w/ Albert Preciado 🏘️ EP111

And that's the best feeling. And that's when you can exit. That's one of the things that Patrick Bedavid, also a mentor of mine, one-on-one, 11 years ago, him and Grant were my mentors 11 years ago. And he told me, build your operation. So now I understand it. So he told me one thing that makes a lot of sense. If your business needs you 80% of the time, it's worth nothing.

The Money Mondays
What Does It Take to Reach a Billion-Dollar Valuation? w/ Albert Preciado 🏘️ EP111

And that's the best feeling. And that's when you can exit. That's one of the things that Patrick Bedavid, also a mentor of mine, one-on-one, 11 years ago, him and Grant were my mentors 11 years ago. And he told me, build your operation. So now I understand it. So he told me one thing that makes a lot of sense. If your business needs you 80% of the time, it's worth nothing.

The Money Mondays
What Does It Take to Reach a Billion-Dollar Valuation? w/ Albert Preciado 🏘️ EP111

But if your business runs 80% without you, then you built a business that one day you can sell. So right now, that's what I'm working on. And that's one of the big things that we're going to teach at Driven9, how to create a business that runs on autopilot. And it's a business that you can eventually sell.

The Money Mondays
What Does It Take to Reach a Billion-Dollar Valuation? w/ Albert Preciado 🏘️ EP111

But if your business runs 80% without you, then you built a business that one day you can sell. So right now, that's what I'm working on. And that's one of the big things that we're going to teach at Driven9, how to create a business that runs on autopilot. And it's a business that you can eventually sell.

The Money Mondays
What Does It Take to Reach a Billion-Dollar Valuation? w/ Albert Preciado 🏘️ EP111

And that's what I want to do because that's what my mentors have told me, build a business to sell.

The Money Mondays
What Does It Take to Reach a Billion-Dollar Valuation? w/ Albert Preciado 🏘️ EP111

And that's what I want to do because that's what my mentors have told me, build a business to sell.

The Money Mondays
What Does It Take to Reach a Billion-Dollar Valuation? w/ Albert Preciado 🏘️ EP111

Well, you should go to Driven9 because it's going to change your life. And there's a lot of new events. There's a lot of new coaches, influencers. However, there's not a lot of...

The Money Mondays
What Does It Take to Reach a Billion-Dollar Valuation? w/ Albert Preciado 🏘️ EP111

Well, you should go to Driven9 because it's going to change your life. And there's a lot of new events. There's a lot of new coaches, influencers. However, there's not a lot of...