#361: Peaks and Valleys of Entrepreneurship: How the Reilly Brothers Sold $250M Worth of Real Estate, Went Broke, and then Sold $75M Worth of Golf Carts in 45 Days

July 13, 2023 01:22:19
#361: Peaks and Valleys of Entrepreneurship: How the Reilly Brothers Sold $250M Worth of Real Estate, Went Broke, and then Sold $75M Worth of Golf Carts in 45 Days
Intentional Growth
#361: Peaks and Valleys of Entrepreneurship: How the Reilly Brothers Sold $250M Worth of Real Estate, Went Broke, and then Sold $75M Worth of Golf Carts in 45 Days

Jul 13 2023 | 01:22:19

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Intentional Growth

Show Notes

It’s hard to know if you're winning when you're in the middle of something. Every journey has its ups and downs, but hopefully, the ride is worth it in the end.

 

Our guests today, Rob and Colin Reilly, are true entrepreneurs who have experienced the highest highs (selling over $250M in real estate) and the lowest lows (going broke) of the business world. They've tackled these challenges with grit, determination, and what they call an "eternal perspective".

 

The brothers started their journey by buying, running, and selling a profitable truck accessories company. Then, they decided to take a risk and dabble in the golf cart market, and to their surprise, they earned a massive profit.

 

But their adventure didn't stop there. They ventured into real estate with HomeVestors, and even though they started with no prior knowledge, they hustled, learned, and ended up selling an astounding $250 million in properties. However, life threw them a curveball with the 2008 financial crisis, and they lost it all.

 

But here's where their story gets even more inspiring. They didn't let this setback stop them. Instead, they found an opportunity with a tax incentive for electric vehicles, returned to the golf cart market, and generated an impressive $75 million in just 45 days!

 

The Reilly brothers' journey is not just a fascinating tale of entrepreneurship, it's a testament to resilience, creativity, and family values.

 

// Sign up for the Intentional Growth™ Starter Kit: the kit has intro videos on each of the 5 Intentional Growth™ Principles, the Intentional Growth™ Financial Scorecard along with videos reviewing a case study on how to project out the value of your company, and the entire Intentional Growth™ Podcast Library.

 

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