Gary MacDermid is a distinguished motivational speaker, private investor, serial entrepreneur, professional engineer, and retired naval officer. Renowned for his inspirational insights, Gary has been featured in his own episode titled "Set Your Goals or Someone Else Will" in the TV series "Speak Up" on Amazon Prime Video. He began his career in the Navy right after high school, later obtaining his electrical engineering degree from the University of Washington.

With significant experience in managing nuclear power plant projects, Gary transitioned to building a multistate real estate portfolio and investing in businesses. He is currently involved with Pro Growth Solutions, a company designed to aid entrepreneurs with bookkeeping, accounting, tax strategy, and business growth and exit planning.

Please learn more about Gary MacDermid at www.GaryMacdermid.com

In this episode of Mr. Biz Radio, Ken" Mr.Biz" Wentworth shares the floor with Gary Macdermid. They delve into the vast experiences that shaped Gary's impressive career. From his strategic beginnings in the Navy to building a real estate empire and later carving a niche in angel investing, Gary's journey offers invaluable lessons for budding entrepreneurs.

Throughout the episode, Gary and Ken discuss pivotal mindset shifts required for success, focusing on the power of visualization, transitioning from scarcity to abundance, and surrounding oneself with the right people. They explore real estate investing strategies, touch upon the challenges and opportunities in entrepreneurship, and examine how to align personal and professional growth. The discussion naturally transitions into the critical elements of business scaling, where Gary shares his insights on establishing systems, hiring the right people, and maintaining financial prudence to create a thriving business.

Key Takeaways:

-Emphasize the importance of visualization and believing in your ability to achieve goals before you see tangible results.

-Shift from a scarcity to an abundance mindset to foster collaboration and success.

-Ensure that team members are well-suited to their roles to optimize performance and drive business growth.

-Develop and implement efficient systems and processes vital for successful business scaling.