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What would you do if overnight, your profits went from millions to zero? This happened to Rob Kosberg. Rob was running a hundred-million-dollar real estate company when the recession hit and was forced to reinvent himself. Today, he's the founder and CEO of Best Seller Publishing and he's proud to say that he's found a way to leverage his expertise to positively impact others. Rick Kosberg Hustling to Success Rick was raised in Washington D.C. His family owned Texaco gas stations on Pennsylvania Ave. He got his start as a car guy watching his dad and grandpa build and race cars out of the garages. It wasn't the traditional path to becoming an entrepreneur but it had planted the seed for Rick. While working through college, Rick got his real estate license at the age of 18. He was on the phone all day hustling through the for sale by owners and expired listings. By the second month, he was the top agent and was questioning his path to law school. "Don't write an autobiography or memoir, no one cares...put your story into the needs the pains the challenges of your ideal client" - Rick Kosberg Like most entrepreneurs, Rick has never worked a single day in his degree. He did not attend law school and instead continued in real estate working for his dad from 18-22. He made the leap to the largest mortgage lender in the country. That expanded his opportunities and income. He was an entrepreneur of sorts as he controlled his destiny but he was still working for someone else. That lead to opening his own real estate, title and mortgage company. Economy Nose-Dive Nobody anticipated a 60% drop in real estate values. Roughly 10 years later, South Florida still hasn't recovered. His company was crushed and he was pouring 100's of 1000's of his own money into the company to keep it afloat until the market turned around. The only loans at the time were government funded and Rick's company was doing none of that. He went from a 100-million-dollar a year company to zero. If it had only dropped half, Rick probably could have survived. But it was gone. The death nail was he could no longer finance loans. To hear how Rick Kosberg reinvents himself, download and listen to the episode! Connect with Rick Kosberg: Best Seller Publishing Facebook Connect with Jonathan: Thanks for tuning in and we hoped you enjoyed Rick Kosberg on the Private Label Podcast. We love hearing from our listeners, send us an email, follow us on LinkedIn, Join the Movement on Facebook and subscribe to the show on iTunes. |