Welcome to the Mario Dattilo Show Podcast!
In this episode of The Mario Dattilo Show podcast, Eddie Wilson from Collective Influence discusses his approach to building a portfolio of active and passive income through startups and buying businesses. He shares his experiences overseeing 86 companies, creating accountability with metrics and standards, and clearing out parasitic businesses. Eddie also talks about being industry agnostic and looking for opportunity, what to look for when buying a business, and when to sell a company. Finally, he discusses the importance of understanding the process.
Eddie Wilson is a businessman who is known as the “King of Exits.” He has owned over 125 companies and exited over 85 of them successfully. His current private equity firm Collective Influence has significant holdings as well. Of those holdings, the PE firm owns – Think Realty, American Association of Private Lenders, Apticode, Fitcon, Mana Health, Tax Free Crypto, Because Coffee and around 20 other companies.
Eddie is also known for creating an operating system that manages the growth of his companies systematically allowing him the greatest odds for success. His operating system is known as the Empire Operating System.
With all of his success in his 40s he has turned his efforts to faith based and humanitarian non-profit activities such as - Christian Media International and Impact Others.
Find out more about Mario at MarioDattilo.net
Talking Points:
00:05 Introducing Eddie Wilson & Collective Influence
02:36 The Full Circle: Active Income, Passive Income, & Contribution
05:35 The Companies Taking Off In Eddie’s Portfolio
12:42 Start-Up Businesses vs Buying Businesses
15:24 Creating Accountability With Metrics & Standards
18:30 The Formidable Task Of Overseeing 86 Companies
22:21 How Much Time Do You Give A New Business?
24:50 Clearing Out Parasitic Businesses
25:44 Eddie’s A-Grade Speciality Bean Story
29:27 Being Industry Agonostic & Looking For Opportunity
30:14 What To Look For When Buying A Buiness
36:07 When Do You Sell A Company?
41:30 Architecting Strategic Selling & Buying
44:33 Understanding The Process Gives You Confidence
SUBSCRIBE to the Mario Dattilo Show Podcast YouTube Channel:
Check out this podcast website: MarioDattiloShow.com
Links & Mentions From This Episode:
(Code: POWERROOM)
Popular Podcasts
Cold Case Files: Miami
Joyce Sapp, 76; Bryan Herrera, 16; and Laurance Webb, 32—three Miami residents whose lives were stolen in brutal, unsolved homicides. Cold Case Files: Miami follows award‑winning radio host and City of Miami Police reserve officer Enrique Santos as he partners with the department’s Cold Case Homicide Unit, determined family members, and the advocates who spend their lives fighting for justice for the victims who can no longer fight for themselves.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.