How Serving People First Can Lead to Success in Your Business with Peter Rex

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Peter Rex is an entrepreneur, philanthropist, and thought leader who built a billion-dollar investment business from scratch in less than 7 years and now runs a technology company based in Seattle.

3 Value Bombs

1) You’ve got to have humility and you have to be bold.

2) Go expensive on people and go cheap on commodities.

3) Develop your skills; your skills are your future equity.

Show Notes

[0:57] – Share something interesting about yourself that most people don’t know

• I speak Spanish at home with my family and kids.

[02:01] – Peter gives a sneak peek of what he’ll be sharing today

• I’m Peter Rex, and I am building the biggest company ever built.
• It’s called MakeRise, and it’s going to be the # 1 largest company in the world.
• I started from nothing, and worked my way up to building a billion dollar real estate company.
• Our mission is to empower people to rise up.

[07:35] – What do you credit much of your success to?

• There’s a plurality of elements that led to me being successful and put me where I am right now, and some of these things are luck. The luckiest thing you’re going to have is being born to good parents.
• The second thing that’s very lucky is being born in the United States.
• I have a lot of boldness and guts – two of the most important things when it comes to building a business.
• You’ve got to have humility and you have to be bold.

[21:43] – If Fire Nation wanted to move forward with this people-first approach to building a business, how would you recommend they identify the right people?

• Hire the BEST people and get them on your team.
• Go expensive on people and go cheap on commodities.
• Think about yourself and what you are lacking.
• Aristotle said “human beings are a goal oriented creature”.
• If you’re going to start a business, you can’t be too abstract, you’ve got to be concrete.

[27:48] – What was your AH-HA moment as an entrepreneur?

• The most pivotal moment for me was when I got out of the college.
• When I was in college, I was always driven towards an idealistic vision of myself. I wanted to serve people to an extreme amount.
• I thought of becoming a celibate missionary in a Catholic Church.
• I had this AH-HA moment at the monastery, and I spent the entire night in prayer.

[35:18] – Parting piece of guidance

• You can be an entrepreneur in your station in life, where you are.
• Own your development.
• Develop your skills; your skills are your future equity.
• Make moves, take risks!
• Be humble and have humility.
• Our mission is to empower people, to rise up, and to live abundantly.

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