The Palumbo Podcast: Your journey to a work optional lifestyle

Why Relationships Build Billionaires

Success in real estate is not just about properties. It is about people, timing, and building systems that scale. In this episode of The Palumbo Podcast, Phil sits down with Anthony Scavo, President and Managing Partner of Basis Industrial, to break down how he helped grow the company from a small operation into a 7 million square foot industrial real estate powerhouse. Anthony shares the lessons he learned working alongside billionaire real estate families, why operations and relationships matter more than most founders realize, and how Basis Industrial is positioning itself for a massive future exit. Anthony also opens up about making the leap from employee to entrepreneur in his mid-40s, the realities of scaling a company with thousands of tenants, and why today’s real estate market still offers huge opportunities for patient investors. In this episode, you’ll learn: * Why communication and relationships drive business growth * How industrial real estate creates long-term wealth * The mindset behind scaling toward a billion-dollar exit If you want to understand how real estate empires are truly built, this conversation delivers an inside look from someone doing it in real time.

Your People Are Your Biggest Profit Lever

What if your biggest expense is actually your greatest untapped profit driver? In this episode, Dr. Solange Charas breaks down how companies can finally measure the financial return on their people. From her groundbreaking HCROI framework to real-world case studies, she reveals how small improvements in workforce performance can drive massive gains in profitability. This conversation challenges the outdated view of HR as a cost center and replaces it with a data-driven approach to human capital as a true investment. Key takeaways: * Why most companies misunderstand the ROI of employees * How AI is freeing up time and what leaders should do with it * The simple metric that can transform how you run your business If you want to build a more profitable, scalable company, it starts with how you invest in people.

Plan Early or Pay Later

What if waiting to plan your exit could cost you millions? In this episode of The Phil Palumbo Podcast, Phil sits down with Jason Marx, tax attorney and estate planning expert, to break down the critical strategies business owners must understand before selling their company. From succession planning to advanced tax strategies like QSBS and SLATs, Jason explains how early planning can protect your wealth, preserve your business value, and set your family up for generations. You’ll learn why most founders wait too long, what that mistake really costs, and how to think differently about your exit before it’s too late. Key takeaways: * Why succession planning protects both valuation and continuity * How pre-exit tax strategies can save millions * The power of estate planning to build multi-generational wealth If you’re building something valuable, don’t wait until the finish line to protect it. This conversation might change how you think about your entire exit strategy.

The Space Economy Is Here

What if the biggest investment opportunity in history isn’t on Earth? Phil Scully, co-founder of Bollarian Space Ventures, breaks down why space is no longer science fiction but a rapidly emerging asset class attracting the world’s smartest capital. From satellites and propulsion systems to nuclear power and dual use technologies, he explains how private companies are building the infrastructure for a multi trillion dollar space economy. In this episode, we explore: * Why space and defense are converging into one massive opportunity * How venture capitalists spot winners before they scale * What “dual use” technology means and why it drives outsized returns The future isn’t decades away, it’s already unfolding above us. Tune in to understand where the next generation of dominant companies is being built.

Double Your Exit Value Fast

Most business owners leave millions on the table without even realizing it. In this episode, Vincent Mastrovito breaks down why nearly 80% of businesses never sell and what separates the ones that do. With over 30 years of experience in exit planning, he reveals how founders can dramatically increase their company’s value often doubling it within just a few years by focusing on the right fundamentals. You’ll learn how to shift from being the business to building a business that runs without you, making it far more attractive and profitable when it’s time to exit. Key Takeaways: * Why most businesses fail to sell and how to avoid it * The 3 biggest value killers including owner dependency * How strategic planning and leadership unlock higher multiples If you’re building a business today, this conversation might change what it’s worth tomorrow.