The Word on Investing Summit: Money, Faith & Mindset is happening April 22-23, 2022. Are you coming? Reserve your FREE ticket here while supplies last. Jamie & Ryan Smith will be giving a powerful talk on Day 1 on “The Value of a Dollar”. You won’t want to miss it!
Get Your Free Ticket Now (While Supplies Last) www.tradeway.com/summit
Today on the podcast, we’re talking about the power of the family business with Ryan and Jamie Smith of Elevation Capital Group.
For the Smiths, real estate is a multi-generational family business.
“As long as I can remember I had an appetite for [the real estate business]…Originally we would build the houses and sell them. And so when I say build them, you know, we did it, literally. My mom can wire a house. My dad would install the drywall. We’d paint it. I could run the wet saw when I was six, seven years old, running the tile back and forth and mixing the mud…as a child I just had a blast and I thought it was fun working altogether. And I thought, ‘I’d love to continue doing that.’ …So I had fun as a child and I was excited to be able to partner with my husband as an adult.” Jamie Smith
Jamie & Ryan talk to their kids regularly about their business. They share with them what problems come up and how they’re solving them. And they try to instill in them that no matter what you do, the most important thing is to let your faith and the wisdom of the Bible guide your choices in business and in life.
“I think this world and culture can be very disorienting. So we always want our children to know what is home base. Who am I? What is my character? What should my character be?…So I think those foundational principles are very important to Ryan and me to instill in the children. Because if they know that, they will go down a solid path. And their curiosity will lead them, but they’ll always have that foundation and that home base. We spend a lot of time working through that and talking through that.” Jamie Smith
In addition to their family real estate business, they also run a Bible study community called Fellowship of Believers, which is made up of over 40 couples. When COVID hit, they put up large signs in their community that said “Need help, Give help” and raised over $50,000 for local families and businesses struggling because of the pandemic.
In this podcast episode Jamie, Ryan and I talk about…
- The surprising strategy they chose to build their wildly successful family business
- How they pivoted when their business didn’t do what they thought it would (and why that kind of flexibility is key for business owners).
- What brings Jamie joy in her business (hint: it has to do with building relationships)
