Scaling With an Eye on the Long Term Picture with Axel Meierhoefer of Ideal Wealth Grower

As a retired Air Force officer, Axel Meierhoefer started his first company in 2005, focusing on consulting, employee skill development, and program management. These areas remain in place and have now grown internationally.

As a business owner, Axel had an eye on the long-term picture – specifically his own.  He began to investigate ways to apply profits towards retirement, and research indicated that owning tangible assets would be the best way.  It was also the path that the government supports the most, which led him to develop a residential real estate portfolio worth about $1.5 Million.

The portfolio is still growing, and the experience has provided many lessons learned that he now teaches, coaches, and mentors other people with.

Key Takeaway:  Scaling does not mean simply working more hours.  Successfully scaling requires making critical strategic decisions in building and developing a business.  The overarching strategy and decisions should be made focusing on the long-term picture – the eventual exit and your long-term legacy.

Lessons Learned:

Focus on building a legacy that serves your family and the next generation instead of focusing on the here and now.

Develop a mindset to overcome the nagging fear of dealing with life-changing decisions.

When it comes to property investment – finding, buying, and investing in the right properties – partner with an experienced advisor or coach and do not go it alone.

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