Creating Legacy Wealth through Business Acquisitions with Jay Bourgana

The Cashflow Project

Welcome to The Cashflow Project! In this episode, Vince sits down with Jay Bourgana, a business visionary who has turned struggling businesses into success stories over 25 years of experience in the US, China, and Europe. Jay shares his journey from working for a company to owning his own businesses and assets, where he learned valuable lessons in good management, accounting, and inventory control. He also discusses his current focus on acquiring struggling businesses to turn them around and help them grow for potential sale or long-term hold. Tune in as Jay and Vince explore the concept of bottlenecks in business operations, how to identify them, and how to speed them up to ensure smooth operations!

Creating Legacy Wealth through Business Acquisitions

Jay Organa is a visionary who has turned struggling businesses into success stories over 25 years of experience in the US, China, and Europe. He is a true entrepreneur who has increased his personal side from zero to 350 million in residential sales in just four years. Jay's first business was a small chain of convenience stores in Morocco. He quickly realized that he had the wrong people, no systems for managing inventory, no accounting systems, and no good management skills. Jay learned the lesson of trusting but verifying, having good accounting and inventory management systems, and sound processes to prevent losses. He believes you know much more from tough times than good times. Jay did not have a well-thought-out strategy for choosing an asset class, and he stumbled into the convenience store business by chance.

About Jay Bourgana:

Jay is an accomplished entrepreneur and expert in private equity investing for small and medium-sized businesses (SMBs), with over a decade of experience in banking, manufacturing, and management consulting across China and Europe. He founded Homearly Real Estate Group, which he transformed into a $350 million enterprise with 5000 successful transactions in just four years. In 2018, he sold the company to a leading southern California firm. Jay is dedicated to assisting fellow entrepreneurs in creating successful exit plans and investors in executing high ROI investments in SMBs. He is also an experienced real estate and business investor, always seeking new opportunities to add value to the community.

Outline of the episode:

0:00 Lessons Learned from Starting a Convenience Store

3:32 Managing a Million Square Foot Facility and Bankruptcy

8:32 The Journey of a Turnaround Guy: From Corporate to Entrepreneurship to Real Estate

15:31 Navigating Cultural Nuances and Deepening Business Relationships

22:57 The Joy of Business Acquisition and Transformation

27:25 Exploring the Next Opportunity in Real Estate

34:00 The current state of the market, recent collapses of SVB, Signature Bank, First Republic, and Credit Suisse.

39:47 Real estate investing and negotiation tactics during COVID-19 pandemic

45:11 The challenges and impacts of the pandemic on the real estate industry

52:01 Building Relationships for Business Success: The Power of Retention and Talent Acquisition

55:28 Advice from Jay on Achieving Success in Life and Business

Connect with Jay Bourgana…

LinkedIn: https://www.linkedin.com/in/jay-bourgana-519a7865/

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