Welcome back to another exciting episode of The Cashflow Project! In today's episode, we have a special guest, Chris Long, joining us to discuss his innovative business model in the real estate sector. Chris is the mastermind behind Longyards, a company based in Florida that utilizes industrial-zoned space to cater to larger storage needs.

In our conversation, we dive deep into Chris's journey as a CEO and business owner, exploring the valuable advice he has to offer. We'll also touch upon the challenges he faced, the lessons learned from bankruptcy, and how he managed to bounce back and rebuild his wealth in just three years.

Chris emphasizes the importance of having clear checklists, achievable goals, and the relentless pursuit of action, perseverance, sacrifice, and resourcefulness. This episode will inspire you to take charge of your financial freedom journey and equip you with practical strategies to navigate the business landscape.

Steve: Welcome to The Cashflow Project, I'm your host, Steve Fierros, with Tri-City Equity Group. Today we have Chris Long on the show.

Chris Long is the founder and operator of Longyards Storage. After nearly a decade as a carpenter and business owner of Conrad Construction, Chris ventured full-time in the realm of self-storage. Having created the very first Longyards Storage in his hometown of Ottawa, ON, Canada, he emigrated to the United States to pursue the international buildout of the company. He is responsible for the construction, stabilization, and management of assets.

[00:01:33] Long Yard solves gap in marketplace by providing yards for small businesses.

[00:05:51] Entrepreneurial spirit leads to fearless persistence and success.

[00:07:39] Importance of mindset in entrepreneurship and overcoming fear.

[00:11:46] CEO learning curve, building team, acquisition challenge

[00:13:43] The humility of business owners is crucial. Growing pains are inevitable. Tweak and dial in as you go. Challenges are part of the journey. Focus on specific areas or operate on both fronts.

[00:17:35] Seeking wholesalers for industrial and commercial land. Multiple layers of filtering and zoning codes. Looking for four to six acres of industrial land near highways and good demographics. Innovating a U-Haul model for land acquisition. Join venture with landowners through franchising, joint ventures, or leasing.

[00:22:19] Unique model, high cash flow, strong partnerships.

[00:24:47] Florida offers awesome opportunities for investors.

[00:28:03] Identifying opportunity in red ocean, creating blue ocean.

[00:33:41] Achieving financial freedom: Clear goals and perseverance.

[00:36:27] "Awesome interview, great business advice for entrepreneurs."

Connect with Chris Long

•   Website

•   LinkedIn

•   YouTube

•   Facebook

•   Instagram