Mind Ur Biz

Mind Ur Biz

Ep. 06 - Buyers Beware – Lessons from the Trail and the Balance Sheet

32 min · 15 de jul de 2025
Portada del episodio Ep. 06 - Buyers Beware – Lessons from the Trail and the Balance Sheet

Descripción

In this insightful and entertaining episode of Mind Your Biz, Mitch reflects on the humbling life lessons he learned while mountain climbing and whitewater rafting—moments that taught him he wasn’t “all that” and shaped how he approaches business today. Broadcasting from Colorado, Mitch kicks things off with two high-stakes adventure stories before diving deep into the real estate side of marina ownership. From understanding the nuances of the balance sheet to navigating depreciation schedules, prepaid rents, and capital expenditures, Mitch breaks down the essentials of buying right and avoiding emotional decisions. Whether you’re acquiring your first asset or scaling a portfolio, this episode is packed with wisdom, real-world examples, and a touch of humor. Plus, hear what’s coming next as Mitch hints at bringing on expert guests to broaden the discussion. Key Topics: * The "Buyers Beware" mindset * Balance sheets vs. P&Ls in marina acquisitions * Depreciation strategies for docks and infrastructure * Emotional decision-making pitfalls * Lessons from Kilimanjaro and the Russell Fork River Listen now and mind your biz like a pro—minus the torn meniscus.

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episode Ep. 06 - Buyers Beware – Lessons from the Trail and the Balance Sheet artwork

Ep. 06 - Buyers Beware – Lessons from the Trail and the Balance Sheet

In this insightful and entertaining episode of Mind Your Biz, Mitch reflects on the humbling life lessons he learned while mountain climbing and whitewater rafting—moments that taught him he wasn’t “all that” and shaped how he approaches business today. Broadcasting from Colorado, Mitch kicks things off with two high-stakes adventure stories before diving deep into the real estate side of marina ownership. From understanding the nuances of the balance sheet to navigating depreciation schedules, prepaid rents, and capital expenditures, Mitch breaks down the essentials of buying right and avoiding emotional decisions. Whether you’re acquiring your first asset or scaling a portfolio, this episode is packed with wisdom, real-world examples, and a touch of humor. Plus, hear what’s coming next as Mitch hints at bringing on expert guests to broaden the discussion. Key Topics: * The "Buyers Beware" mindset * Balance sheets vs. P&Ls in marina acquisitions * Depreciation strategies for docks and infrastructure * Emotional decision-making pitfalls * Lessons from Kilimanjaro and the Russell Fork River Listen now and mind your biz like a pro—minus the torn meniscus.

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