We are very excited to introduce the newest section of our blog: the CalMU Business Spotlight. Each week we will be going to different cities and choosing a business that encompasses true business success, which will inevitably be diverse and different for every Spotlight.
For businesspeople, students enrolled in traditional, hybrid or online MBA programs, or anyone who is simply interested in business/economics/entrepreneurship/anything really, the weekly California Miramar University Business Spotlight Series provides a refreshing look at the myriad definitions of business success. So visit us every Wednesday and let us know at any time if you have any recommendations for the next Business Spotlight; we are always welcome to suggestions!
As the first Business Spotlight of our blog and after much research and deliberation, we are pleased to put the Spotlight on San Diego’s own FortuneBuilders Inc. They are one of the most venerated and successful real estate education entities in the United States and were ranked #1 in Education by Inc. Magazine, underscoring how they have really changed the entire real estate investment game.
Led by four very talented real estate investors – Than Merrill, Paul Esajian, JD Esajian and Konrad Sopielnikow – FortuneBuilders teaches its students how to intelligently invest, market, wholesale and drastically increase their ROI in the real estate market. They hold a Mastery Implementation Coaching Program, which is reserved for a small group of their “most motivated students” and is truly the pinnacle of real estate coaching.
For the other 99% of their customers, from beginning to advanced students, FortuneBuilders University is a brilliant program that provides a comprehensive step-by-step walkthrough of how to make a living investing in real estate. (And by living I mean a really, really good one.) Some of the world’s top real estate investors show you the ropes and work closely with you to ensure that you leave FortuneBuildersU ready to hit the real estate world, network and start seeing profits right away. What’s more, which is very important in the real estate world, this program provides you with many new contacts that are vital for networking and your future growth as a real estate investor.
According to the latest Inc. Magazine statistics from September 2011, the last 3 years have seen a staggering growth of 2629%, with their 2010 revenue ($14.2 million) nearly triple that of their 2007 revenue ($520,300). They were founded in 2005 and have grown to a staff of about 25 employees. I am very interested to see how they evolve as the real estate market improves and how that will affect their business model, strategy and overall bottom line.
Oh, and I forgot to mention that Than Merrill, Paul Esajian and JD Esajian also appeared on Seasons 3, 4 and 5 of A&E’s hit show Flip This House, which is about – you guessed it – purchasing a house, renovating it, and then flipping it for a profit.
FortuneBuilders Inc. is a real estate dream team and I am very honored to be featuring them as the first ever CalMU Business Spotlight. If you are looking to go into real estate, do not forget about their programs. You will definitely come out with a better understanding about every process of investing and a more complete toolkit to start making the big bucks.