In this episode of The Hidden Upside, Chris Shebib interviews Andrew Hines about his journey through real estate investing and entrepreneurship. Andrew talks about some of the forcing factors around scaling and shares information about his current focus on three main businesses: townhouse development, a glamping campground, and media and podcasting.
Andrew talks about his journey from teaching entrepreneurship at Ivey Business School to becoming a mortgage broker and real estate investor. He shares how he got into renovating student rentals and how it was lucrative for him. He then talks about how he pivoted into running his own construction company and developing townhouses and single-family homes.
In his first real estate investment endeavour, Andrew Hines learned the importance of not trusting people blindly and of having systems in place to prevent small mistakes from snowballing into larger problems. He also learned the value of keeping an eye on his investments, whether they be local or remote.
In the interview, Andrew Hines discusses his experience working as a contractor. He talks about how most of his work was simply making calls to the next person on the list. He also talks about how, when someone didn't work out, he would just call the next person. He notes that he made some great contacts on his first project that have followed him through to today.
He also talks about his current development projects in Sarnia, Florida, and his campground business.
Andrew discusses the importance of outsourcing and hiring employees to help with the various businesses and how he has learned to delegate and create systems to take himself out of the equation, and how this has helped him to spend more time with his son.
This episode discusses the idea that major life changes can be a catalyst for positive change. It also stresses the importance of taking responsibility for one's own decisions and being accountable for the outcomes.
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