Show notes
Welcome to the first episode of Gold With Gould, the podcast that dives into the world of business and entrepreneurship with insights from top industry leaders.In this inaugural episode, I sit down with Bernie Michael, Co-founder and Partner of AWH Partners, a real estate investment firm that’s made waves by investing $2.0 billion in hotel properties since 2010. Bernie and I discuss the crucial role of money in entrepreneurship, the challenges that come with leaving a secure career, and how important it is to have the right legal and financial foundation for any business. Bernie also shares his personal experiences of transitioning from a successful law career to diving into the world of real estate, offering valuable advice on pitching ideas, forming partnerships, and navigating the tricky terrain of startups.Tune in to hear more insights and learn what you need to consider regarding money and legal matters in your own entrepreneurial journey.Specifically, this episode highlights the following themes:Why money management is essential for entrepreneurial successThe importance of legal agreements in business partnershipsHow to approach risk-taking and pitching ideasLinks from this episode:Get to know more about Larry Gould: https://www.linkedin.com/in/larrygouldGet to know more about Bernie Michael: https://www.linkedin.com/in/bernard-michael-850bb8165Learn more about AWH Partners:https://www.awhpartners.comLearn more about Irresistible Company: https://www.irresistible-company.comSubscribe to the Podcast:YouTube: https://www.youtube.com/channel/UC_9bUTMg9jfqa64r9Nn-e-wSpotify: https://open.spotify.com/show/3i7QBY1kuqMegX3MaKZmvCFollow us on Social Media:Instagram: https://instagram.com/tiepodcast_?utm_source=qrFacebook: https://www.facebook.com/profile.php?id=100090429932666TikTok: https://www.tiktok.com/@t.i.e_podcast?is_from_webapp=1&sender_device=pcTwitter: https://twitter.com/TIEPodcast_LinkedIn: https://www.linkedin.com/company/the-irresistible-company==== Time Stamps ====00:00 - Introduction00:48 - About Bernie Michael06:28 - Explaining entrepreneurial risks to a cautious spouse08:38 - Entrepreneurs must excel at pitching business ideas13:03 - Discuss legal considerations for enthusiastic startups15:34 - Startups need defined partnership agreements for success18:40 - Ensure contracts22:11 - Consider legal advice for business protection26:01 - Magic mirror helps evaluate motivation and budget28:17 - Legal issues crucial for partnerships and protection30:04 - Connect with us for questions