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Scott Trench

👤 Person
696 total appearances

Appearances Over Time

Podcast Appearances

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

These are very frugal people.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

That's how they have money to invest in real estate.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

They do not want fancy smancy things.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

They're not willing to take out their credit card and pay for things.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

But when it's time to buy property, major money changes hands.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

That's when an agent gets paid on both sides of the transaction.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

That's when a loan is originated or a property manager is hired or software system is set up.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

That's when an accountant or a lawyer is needed at that point in time.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

And so we got very crystal clear about this journey that our customers were going through.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

I was both well-positioned to do that and trained to do that over those next couple of years.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

And from there, that understanding of the market, the customer, the customer's journey,

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

and the monetization points within that journey, I was able to organize the business according to those opportunities in the market.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

And then my work product was not so much around metrics or the specific work streams that were going on for the business, but I was able to organize the business in a way where all of the work output began to flow through my leadership team.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

So that was the big change, right?

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

Is at first, and I think the right way to do it is when you're under even 20, 25 folks,

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

There's a centralized strategy and you are driving a lot of those operations.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

And everyone's in one team.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

You can have really one communication style.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

But as you get bigger, it really needs to flow through your leadership team.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Scott Trench: How to Fast-Track Financial Freedom and Early Retirement | Finance | E367

And then it needs to flow from that leadership team through to their directors and reports.