Hannah HammondFounder & CEO, HB Capital & The Firm RE · CEO of HB Capital | Helping CRE Developers & Investors Fund Deals Nationwide | Host of The Hannah Hammond Show

There are three “trades” you have to go through to be a successful business owner! #business

Name: There are three “trades” you have to go through to be a successful business owner! #business
Uploaded: 2024-06-15T00:10:11+00:00
Duration: 21 s
Channel: Hannah Hammond
Description: Hannah Hammond breaks down three phases of building a business: trading time for money, trading money for time by hiring employees, and trading money for…

15 Jun 2024 · 0 min

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0:21

Hannah Hammond breaks down three phases of building a business: trading time for money, trading money for time by hiring employees, and trading money for money through investing. You need to build a team to reach the final phase where you can scale.

There's three trades. Trading time for money. You have to go through that trading money for time. That's when you start hiring employees and you buy back your time. I couldn't do it without my team. The next is trading money for money. If you want to become a very successful entrepreneur, you have to go through all three of those phases. Of course, when you're trading money for money, that's when you have the most time and leisure and you have your team working and all the things. That's where you build empires.