Investing In Both Sides of the Energy Coin: Oil Leases & EV Charging Stations

Ep 48 - In this episode, we welcome back Andrew Jessup as he shares how he has been able to use multiple avenues to make money. He explains how he and his business partner Greg earned almost a million dollars in their first 11 months despite having no prior experience. He also dives into how good customer service and strategic partnerships are key for a successful business, as well as the importance of taking calculated risks and learning foundational knowledge before taking the plunge into entrepreneurship. Finally, Andrew gives advice on how to use social media effectively, hosting paint and sip nights, and investing in books that can provide valuable information. Discover the many ways you can make money with Andrew's inspiring story of success!     FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks    [00:00 - 07:15] From Negative Net Worth to Six Figures: Currently making monthly money in real estate  Worked as a paid magician, DJ, and blackjack dealer/player Moved to DC area and started flipping houses with current business partner Started JG Atlantic Capital for real estate operations and JG Roofing and Construction for roofing operations Made almost a million dollars in gross revenue in 11 months without prior experience  Found most contractors lack good salespeople and customer service skills   [07:16 - 14:25] From W2 to Oil Leases: How One Person Learned to Leverage Multiple Streams of Income Greg moved in a different direction and started a tech company, Jess Technologies JG Oil and Gas was started on vacation in South America Oil leases allow the landowner to get 25% of the money and the leaseholder to get 75% of the money JG Oil and Gas was formed as a C corporation to be able to divvy out shares and sell portions of the company Shares were sold at a premium, allowing JG Oil and Gas to have $0 out of pocket cost    [14:26 - 21:47] Andrew's Story: Learn, Implement, and Grow - The Key to Success in Multiple Industries Recurring revenue streams are a focus  Co-founder and CTO of Capital Energy Solutions, which sets up electric vehicle charging stations across the country Working on a product with Jessup Technologies for the gaming industry related to cryptocurrency  Network formed from previous organization has led to various successes  Education is important, but implementation is key     [21:48 - 34:20] Closing Segment The final questions Diversification is for investors who don't know what they're doing Wealth means freedom of choice, leaving a legacy, controlling destiny, and having multiple streams of income The one thing needed to take business to the next level is up to the individual What’s next for Andrew?     Key Quotes    “Your network is your network.” - Andrew Jessup   “Wealth is having your name on the building, you know, you, you controlling your destiny, having multiple streams of income, having access to pay.” - Andrew Jessup         Connect with Andrew Jessup through theturquoisecup.com, capenergyinc.com, royalfamdjs.com. Follow him on Instagram       Let’s get connected!  You can find Nicole on LinkedIn, <a...