Episode #178: Building a Great Team with Brandon Turner

Today’s guest has done a remarkable job of growing his company in a very short amount of time and joins us to shed light on how he successfully managed to do this. Brandon Turner is the founder and managing member of Open Door Capital. He is also a best-selling real estate author and a past host of the BiggerPockets podcast with over 100 million downloads. Brandon has a strong track record of investing in multifamily real estate and his company currently has over $650 million in assets under management and over 1,200 investors. In this episode, he explains how he built his team, why he gave out equity, and the pros and cons of doing this. He also talks about the attributes that he looks for in potential team members whether hired or doing an internship, Open Door’s core values, and how these two things relate. To find out why Brandon is so passionate about big hairy audacious goals and his advice for anyone else who wants to go from $100 million to $1 billion in assets under management, tune in today! Key Points From This Episode:An introduction to Brandon Turner and his career. How Brandon built his team and the different roles that he has right now. How he grew his company by giving out equity and the pros and cons of doing this.The value of unpaid internships. The collaborative nature of real estate investing.  The attributes Brandon looks for in team members whether hired or doing an internship.Open Door’s core values, especially those of relentless improvement and no suits. What they are currently looking for in an asset manager. Brandon’s big hairy audacious goal and how it changed the way Open Door does business. Brandon’s advice for anyone who wants to go from $100 million in assets under management to $1 billion. Links Mentioned in Today’s Episode: Brandon Turner Brandon Turner on Twitter  Brandon Turner on Instagram  The ONE Thing  Traction Open Door Capital  BiggerPockets podcast Asset Management Mastery Facebook Group Break of Day Capital Break of Day Capital Instagram Break of Day Capital Youtube Gary Lipsky on LinkedIn