Ted Dhanik
👤 PersonAppearances Over Time
Podcast Appearances
My whole mantra in life is about adding as much value as I can to every customer, client, relationship, partnership, friendship, you know, whatever it is, as much value as you can add without expecting a lot in return. Now, I don't look at it like, yeah, what can I do to make a bunch of money? What can I do to add a bunch of value and where I could add value?
My whole mantra in life is about adding as much value as I can to every customer, client, relationship, partnership, friendship, you know, whatever it is, as much value as you can add without expecting a lot in return. Now, I don't look at it like, yeah, what can I do to make a bunch of money? What can I do to add a bunch of value and where I could add value?
You know, eventually I'll become valuable, right? That's the that's really the key. That's why I've been able to win so much.
You know, eventually I'll become valuable, right? That's the that's really the key. That's why I've been able to win so much.
So you look at your business, right? So if you start generating revenue, you start generating business for yourself or some sort of asset, you know, like some personal net worth. And you start looking at opportunities. And I get this all the time. Like, where should I put my money? Yeah, crypto, altcoins, like real estate. Like, what should it be? Well, you start looking at the returns.
So you look at your business, right? So if you start generating revenue, you start generating business for yourself or some sort of asset, you know, like some personal net worth. And you start looking at opportunities. And I get this all the time. Like, where should I put my money? Yeah, crypto, altcoins, like real estate. Like, what should it be? Well, you start looking at the returns.
Now, I, you know, we've... We've been in crypto. We've, you know, we've done that. I've been in crypto since 2014 or 13, and I bought a lot of stuff then and never sold any of it. So it just kind of sits there. I never looked at it as a revenue stream. Now, the investment side, you got three things, right? Yeah. One, you got to generate revenue for yourself or generate income.
Now, I, you know, we've... We've been in crypto. We've, you know, we've done that. I've been in crypto since 2014 or 13, and I bought a lot of stuff then and never sold any of it. So it just kind of sits there. I never looked at it as a revenue stream. Now, the investment side, you got three things, right? Yeah. One, you got to generate revenue for yourself or generate income.
Second, you got to save. And third, you have to invest it. Right. So and that's really it really is that the investing side should not be something that you depend on. in terms of income. It has to be something that if you lose your fund, if you generate income from that, it's fantastic.
Second, you got to save. And third, you have to invest it. Right. So and that's really it really is that the investing side should not be something that you depend on. in terms of income. It has to be something that if you lose your fund, if you generate income from that, it's fantastic.
Now, the rate of return, I weigh everything to looking at like Bitcoin and looking at real estate investments and other opportunities, even my own. So I could go out and raise money for my business or I could take my own cash and turn it. And what kind of return do I get from my own business? What kind of returns am I getting?
Now, the rate of return, I weigh everything to looking at like Bitcoin and looking at real estate investments and other opportunities, even my own. So I could go out and raise money for my business or I could take my own cash and turn it. And what kind of return do I get from my own business? What kind of returns am I getting?
So for the last few years, my business, my personal businesses have been returning me much more cash than anywhere I can put it. So I've been just investing in my own business, you know, from that standpoint. Now you should diversify for sure. I have real estate portfolio. Um, it does well, but it's not typical. It's not what most people have in real, in terms of real estate.
So for the last few years, my business, my personal businesses have been returning me much more cash than anywhere I can put it. So I've been just investing in my own business, you know, from that standpoint. Now you should diversify for sure. I have real estate portfolio. Um, it does well, but it's not typical. It's not what most people have in real, in terms of real estate.
They're not leasing out their prop. They're leasing out their properties for longterm. I did the exact opposite. I run my real estate portfolio like a hotel. We re we rent them out every single night, short term rentals. And I, I return a lot more profit and revenue that way. Um, it just, it's just been a better business for me from that standpoint.
They're not leasing out their prop. They're leasing out their properties for longterm. I did the exact opposite. I run my real estate portfolio like a hotel. We re we rent them out every single night, short term rentals. And I, I return a lot more profit and revenue that way. Um, it just, it's just been a better business for me from that standpoint.
So, you know, it's a bit different for, for everyone, but I look at it very differently.
So, you know, it's a bit different for, for everyone, but I look at it very differently.
So we have coaches for everything. You know, it's kind of funny because people are always hiring us to coach them into something and some sort of consulting. And we have the experience. So why not? Right. We've done some things and we've been successful at it. So we are qualified to be a consultant. Right. Or, you know, a coach of some sort. Right. So it's fantastic.
So we have coaches for everything. You know, it's kind of funny because people are always hiring us to coach them into something and some sort of consulting. And we have the experience. So why not? Right. We've done some things and we've been successful at it. So we are qualified to be a consultant. Right. Or, you know, a coach of some sort. Right. So it's fantastic.