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Mike Kaeding is shattering industry norms in real estate by slashing construction costs, revolutionizing affordable housing, and balancing professional success with personal well-being. A must-read for anyone seeking true wealth and wellness.Full article and show notes: https://www.unitedstatesrealestateinvestor.com/shattering-real-estate-industry-norms-and-reshaping-affordable-housing-with-mike-kaeding/Contact Mike KaedingNorhart.comLinkedInFacebookInstagramXVisit unitedstatesrealestateinvestor.com for more great real estate investing news and content.
Send us a textDiscover how NorHart Inc.'s CEO, Mike Kaeding, transformed his financial struggles into a $200 million success story and how he uses this wealth to impact the world. In this episode of Wealthy AF, Mike opens up about personal values' vital role in shaping business goals, urging entrepreneurs to focus on serving others to unlock unexpected support and success. We explore his journey from managing scarcity to overseeing substantial investments and the power of taking responsibility for every challenge, even those not directly caused by oneself.Mike also believes in the iterative process of refining one's purpose and the importance of authenticity in aligning personal values with business ambitions. You'll gain insights into the art of values-driven decision-making and how leaders can embed these values throughout their organizations. Additionally, we touch on the habits and routines that fuel personal and professional growth, including integrating continuous learning into everyday activities, from documentaries to audiobooks, all to stay ahead in a rapidly changing world.Finally, we dive into the realm of AI and technology's transformative potential across industries, particularly real estate. Mike discusses the integration of AI tools like ChatGPT, the economic climate's effect on real estate development, and innovative methods to tackle affordability challenges. Listen to real-life stories about building relationships with local authorities and navigating bureaucratic hurdles, demonstrating the necessity of foresight and rapport in achieving business success. Join us for an episode packed with valuable lessons and inspiration for anyone looking to make a lasting impact in their field.CONNECT WITH MIKE!https://www.norhart.com/https://www.instagram.com/mikekaeding/https://www.instagram.com/fromzerotounicorn/This episode is brought to you by Premier Ridge Capital.Sign Up for our Newsletter and get our FREE E-Book where you'll learn everything you need to know about creating financial freedom through multifamily syndication.Visit www.premierridgecapital.com now! This episode is brought to you by Premier Ridge Capital.Build Generational Wealth As A Passive Investor In Multifamily Real Estate Syndication!Visit www.premierridgecapital.com to find out more.The Ryan Samuels ShowModern-day politics discussion and analysis. Conservative Political Commentator Ryan...Listen on: Apple Podcasts SpotifySupport the showIntroducing the 60-Day Deal Finder!Visit: www.wealthyAF.aiUse the Coupon Code: WEALTHYAF for 20% off!
Join us as we talk with Mike Kaeding, CEO of Norhart, a company that designs, builds, and rents apartments with a revolutionary approach. By incorporating advanced technologies and techniques from other industries, Norhart is transforming the construction process to improve quality and reduce housing costs. Mike and his team are dedicated to addressing America's housing shortage and affordability crisis, with a vision to ultimately enhance the way we all live. Tune in to learn how Norhart is changing the future of housing and what this means for the broader real estate landscape. Learn More Here: https://www.norhart.com/ Want to be a guest on WITneSSes? Send Elisha Arowojobe a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/elishaarowojobe
Send us a Text Message.Are you ready to unlock the secrets to financial success for your small business? Join us as Kyle Smith, CPA, co-partner at Strata Cloud Accountants, reveals how to use KPIs, set strategic business goals, and master cashflow modeling. Don't miss out on these game-changing insights! #BusinessSuccess #FinancialManagement #KPIs #Cashflow #Entrepreneurship #SmallBusiness #Podcast #ExpertAdvice #KyleSmithCPAADDITIONAL UPDATE: ON JUNE 27, I WAS GIVEN CONFLICTING ADVICE BY A DIFFERENT INTUIT REP STATING THE OLD NON-SUBSCRIPTION-BASED SOFTWARE WILL STILL WORK, AND ONLY SUBSCRIPTION-BASED VERSIONS MUST BE UPGRADED. ALSO, INTUIT HAS NOW EXTENDED THE DEADLINE TO SEPT 30 INSTEAD OF JULY 31 TO UPGRADE YOUR VERSION OR MOVE TO QBO.Support the Show.Resources: https://affordablebookkeepingandpayroll.com/resource-opt-in Become a supported of the show: https://www.buzzsprout.com/1522381/support
In this episode, we are revisiting impactful conversations with previous guests. Featuring insights from Brent Perkins, Mike Kaeding, Denny Hammack, and Erik Hatch, this episode goes into their personal journeys, the challenges they've faced, and the wisdom they've gained. You'll hear about the importance of presence, redefining success, and the power of forgiveness. Tune in to these stories of overcoming adversity and leading with intention.Chapters:00:00:00 - Happy 4th of July to You and Your family from The Eternal Optimist00:01:24 - Paper Cuts: Breaking Free from Self-Delusion with Brent Perkins00:15:17 - Cultivating a Thriving Business Ecosystem with Mike Kaeding00:27:25 - The Upside of Adversity with Denny Hammack00:42:14 - Creating Impact: Entrepreneurship and Philanthropy with Erik HatchThanks so much for joining us this week. Want to subscribe to Eternal Optimist? Have some feedback you'd like to share? Connect with us on iTunes and leave us a review!
Mike Kaeding is CEO of Norhart. Norhart is a multifamily developer focused on solving housing affordability. Mike's links: Website: https://www.norhart.com/ Instagram: https://www.instagram.com/mikekaeding Facebook: https://www.facebook.com/mikeskaeding LinkedIn: https://www.linkedin.com/in/mikekaeding/ Podcast: https://podcasts.apple.com/us/podcast/zero-to-unicorn/id1685311966 Book Recs: No Rules Rules: Netflix and the Culture of Reinvention a.co/d/0fGX5WKC The Impatient Entrepreneur's links: Facebook https://www.facebook.com/TheImpatientEntrepreneurPod LinkedIn https://www.linkedin.com/company/theimpatiententrepreneurpod/ Instagram https://www.instagram.com/theimpatiententrepreneurpod/ YouTube https://www.youtube.com/@TheImpatientEntrepreneurPod Online www.theimpatiententreprenerpod.com Connect with us https://www.theimpatiententrepreneurpod.com/contact Kwedar & Co.'s links: Facebook https://www.facebook.com/kwedarco LinkedIn https://www.linkedin.com/company/kwedarco Instagram https://www.instagram.com/kwedarco YouTube https://www.youtube.com/@KwedarCo Online www.kwedarco.com Connect with us: https://www.kwedarco.com/book-consultation --- Send in a voice message: https://podcasters.spotify.com/pod/show/lauren-cockerell/message
SummaryIn this conversation, Mike Kaeding interviews JCron, the former partner and president of Kajabi, a knowledge commerce platform. JCron shares his journey from bankruptcy to building a $2 billion enterprise. He emphasizes the importance of authenticity and human connection in the digital age. He also discusses the power of being broke and the freedom it brings. JCron highlights the significance of conversations at inflection points and the need to redefine success. He shares his experiences in the world of online marketing and software development. In this conversation, JCron shares his journey in the world of marketing and entrepreneurship, particularly his experience with Kajabi. He emphasizes the importance of relationships and the power of copywriting in marketing. JCron also discusses the challenges and successes of scaling Kajabi, and the impact the platform has had on its users' lives. He offers advice for aspiring entrepreneurs and highlights the need for creativity and grit in pursuing opportunities.TakeawaysAuthenticity is a currency in the digital age, and people want to learn from real people with real stories.Experiencing failure and hitting rock bottom can be freeing and provide an opportunity for reinvention.Being broke can lead to creativity, innovation, and taking risks.The fear of failure is often worse than the failure itself.Success should be defined multidimensionally, not just by financial wealth.The quality of conversations at inflection points can have a significant impact on one's life.Caring too much about what others think can hold you back from taking risks and making tough decisions.Failure is not a label, but a choice to not try again.The journey from bankruptcy to success often involves learning from mentors and immersing oneself in new industries.Starting from zero can provide a clean slate and the opportunity to build something new and meaningful. The power of relationships in entrepreneurship and the role they play in successThe importance of mastering copywriting as a foundational skill in marketingThe challenges and successes of scaling a company like KajabiThe impact of Kajabi on its users' lives and the stories of transformationThe need for creativity and grit in pursuing entrepreneurial opportunitiesLinkswww.norhart.com Beat the banks! Interested in earning up to 8.5% interest? Visit Norhart Invest to learn more!
SummaryIn today's episode, we had the privilege of hosting Mike Kaeding, CEO of Norhart, who shared his transformative approach to disrupting the construction space. Mike's company is driving a 20-30% reduction in construction costs with a vision to achieve 50% reduction. By integrating all trades under one roof and implementing revolutionary techniques like the assembly line, they're building affordable housing at scale. More than just tech, Mike's insights on recruiting rockstar employees and building a values-aligned culture are invaluable. Takeaways·Construction costs can be substantially reduced, leading to affordable housing for all.·Bringing all the work under one roof and applying revolutionary techniques improves efficiency and reduces project timelines.·Coordination and collaboration between trades are crucial to avoid delays and maximize productivity.·Recruiting top talent and building a strong culture are essential for long-term success. Chapters00:34 Reducing Construction Costs01:15 Bringing Work Under One Roof03:03 Coordination and Efficiency04:42 Benefits of Controlling the Process05:17 Collaboration and Recruitment06:27 Building a System07:52 Overcoming Challenges08:17 Transition to Vertical Integration09:17 Learning and Improvement10:03 Short-Term Pain for Long-Term Gain11:14 Making a Meaningful Impact12:45 Learning from Other Industries15:39 Recruiting Top Talent Connect With Mike:Website: https://www.norhart.comLinkedIn: https://www.linkedin.com/in/mikekaeding Support Titans of the Trades: If you found this episode insightful, please subscribe, share, and leave a review for Titans of the Trades. Your support goes a long way in helping us bring more impactful discussions your way.
When Mike Kaeding stepped into his father's shoes at Norhart, he wasn't just taking over a family business; he was shouldering a legacy of innovation and community commitment. This episode peels back the layers of Mike's journey from reluctance to leadership, against the backdrop of a company that's not only reshaping the construction industry but also making housing affordability its battle cry. Be prepared to navigate through Mike's personal trials, including a pivotal family crisis in Peru, and witness how these experiences have fueled Norhart's mission to slash construction costs and rent burdens for families everywhere. The blueprint of property development is rife with challenges, but it also offers lessons in resilience and the power of forging strong local alliances. My own tale of Emberwood Apartments serves as the foundation for a candid discussion on the intricacies of managing city council relationships, overcoming skepticism, and the critical importance of adaptability—especially when faced with a busted water main! We unpack Norhart's strategy to revolutionize affordable housing and address some burning industry questions, from the competitive edges of AI and 3D printing to the secrets behind our cost-effective staffing and operational tactics. Innovative practices are the scaffolding of today's construction landscape, and in this episode, we're not afraid to climb to new heights with discussions on manufacturing technologies, skilled tradesmen shortages, and how we're fostering a tech-like company culture. As we hammer in the final nails, I share our exciting foray into community building and investment opportunities through Norhart Invest, where anyone can help erect a more progressive world. It's a heartfelt conversation that culminates with investment insights from Mike, and it's packed with stories of ingenuity and passion, serving as a blueprint for listeners who are building their own dreams. Join us to uncover the entrepreneurial spirit that constructs more than just buildings—it builds communities. We're happy you're here! Like the pod? Visit our website! Check out our sponsor PitchDB! Start your trial on Simplified!
Part 2 of 2 Mike Kaeding: Solving the Housing Crisis: Can Construction = Conscious Capitalism? . The American Dream of homeownership has been a symbol of prosperity, stability, and success for generations. Unfortunately, that dream is becoming increasingly difficult for many Americans to achieve. . Major institutional investors such as BlackRock, State Street, Vanguard, and Blackstone have negatively impacted housing affordability. By purchasing single-family homes in bulk, these firms are making it more challenging for average Americans to afford homes or find affordable rental properties. High home prices, elevated mortgage rates, and limited inventory make it increasingly difficult for many Americans to afford homes. . It's time to address this crisis and work towards ensuring that the American Dream of homeownership is attainable for all. But how? . That's what we are examining over the new two episodes, and no, we are not speaking with a theorist but rather someone who has rolled up his sleeves and has boots on the ground making it happen. . Mr. Mike Kaeding, CEO of Norhart. Mike Kaeding, CEO of Norhart, a $200 million Real Estate business with over 250 employees based in Minnesota. He's a man on a mission to solve America's housing shortage by transforming the way apartments are built and managed, and he's the host of the Zero To Unicorn Podcast. . Website https://www.norhart.com/ . Social Media https://www.linkedin.com/in/mikekaeding/overlay/contact-info https://www.instagram.com/mikekaeding https://twitter.com/mikekaeding . Part 2: Can Construction = Conscious Capitalism? At The Mercy of Venders - When They Triple Your Costs Two Years and Massive Losses Later Let's Change Everything Reversing The "Progress" Model When Toyota Efficiency Comes to Minnesota Under One Roof - A Radicle Concept Firing Bullets Lego Construction Moving Toward Full Volumetric Construction The Disney Approach to Construction Confronting and Eliminating The Talent Shortage Why It's Cheaper to Pay More and Hire The Best Only 30% Make The Pass Values in an Industry That's Never Hired For Them The Secret to Scaling Committing To A Global Impact Can Construction = Conscious Capitalism? Bringing Down Costs By 50%...Impossible? . Dov Baron's brand new course has just been released on coursifyx.com/belonging ------------- . Titled: "CREATING A CULTURE OF BELONGING." The course is separated into eight sections that will take you by the hand and walk you through exactly how to create a culture of belonging. . Because: CREATING A CULTURE OF BELONGING MAXIMIZES PERSONAL AND CORPORATE SUCCESS. Get Ready to strap on the tanks and Dive Deep into, What it Takes to Create a Culture of Belonging in your organization! Curious to know more? coursifyx.com/belonging . "Those Who Control Meaning for The Tribe, Also Control The Movement of That Tribe" #videopodcast #leadership #leadershipdevelopment #emotionsourcecode #neuroscience #emotional #meaning #emotional #logic #culture #curiosity #humanbehavior #purpose
Part 1 of 2 Mike Kaeding: Solving the Housing Crisis by Transforming the Building Industry! The American Dream of homeownership has been a symbol of prosperity, stability, and success for generations. Unfortunately, that dream is becoming increasingly difficult for many Americans to achieve. Major institutional investors such as BlackRock, State Street, Vanguard, and Blackstone have negatively impacted housing affordability. By purchasing single-family homes in bulk, these firms are making it more challenging for average Americans to afford homes or find affordable rental properties. High home prices, elevated mortgage rates, and limited inventory make it increasingly difficult for many Americans to afford homes. It's time to address this crisis and work towards ensuring that the American Dream of homeownership is attainable for all. But how? That's what we are examining over the new two episodes, and no, we are not speaking with a theorist but rather someone who has rolled up his sleeves and has boots on the ground making it happen. Mr. Mike Kaeding, CEO of Norhart. Mike Kaeding, CEO of Norhart, a $200 million Real Estate business with over 250 employees based in Minnesota. He's a man on a mission to solve America's housing shortage by transforming the way apartments are built and managed, and he's the host of the Zero To Unicorn Podcast. Website https://www.norhart.com/ Social Media https://www.linkedin.com/in/mikekaeding/overlay/contact-info https://www.instagram.com/mikekaeding https://twitter.com/mikekaeding Part 1: Solving the Housing Crisis with Zero Days To Grieve Philanthropy In The Face of Life-Threatening Danger Is My Dad Jason Bourne? Peruvian Adventures Philanthropy and Corporation Not My Business, Not My Path, Ego and Family Business Losing Trust in Humanity The Crib on a Construction Site Returning to Purpose and Confronting Ego Losing His Father Zero Days to Grieve When No One Believes in You, and When Someone Does! Innovative Destruction Billion-Dollar Impact On The World Dov Baron's brand new course has just been released on coursifyx.com/belonging ------------- Titled: "CREATING A CULTURE OF BELONGING." The course is separated into eight sections that will take you by the hand and walk you through exactly how to create a culture of belonging. Because: CREATING A CULTURE OF BELONGING MAXIMIZES PERSONAL AND CORPORATE SUCCESS. Get Ready to strap on the tanks and Dive Deep into, What it Takes to Create a Culture of Belonging in your organization! Curious to know more? coursifyx.com/belonging . "Those Who Control Meaning for The Tribe, Also Control The Movement of That Tribe" #videopodcast #leadership #leadershipdevelopment #emotionsourcecode #neuroscience #emotional #meaning #emotional #logic #culture #curiosity #humanbehavior #purpose
Kaeding shares his personal journey in the family business, overcoming initial reluctance and self-doubt after his father's death and becoming CEO. He relates a tough experience with city officials that taught him to persist through feelings of inadequacy. Despite facing skepticism and setbacks, he stresses the importance of pushing forward with a vision and purpose. Connect on LinkedIn Visit Website
In this episode, Mike Kaeding, CEO of Norhart, shares his experiences of growing his company, emphasizing the importance of hiring the right people and adjusting roles to employees' strengths. He discusses the implementation of standard operating procedures, strategies for reducing construction costs, and handling scaling production challenges. Additionally, he shares insights on raising capital, managing multiple businesses, and the crucial role of mindset in achieving success.
Imagine halving your rent or mortgage payment. Join guest host Lance Pederson as he talks to Mike Kaeding, CEO of Norhart, about making this dream a reality. Mike, who transformed a family business into a $200 million empire, unveils his daring plan to revolutionize affordability in the construction industry.Here are 3 takeaways you won't want to miss:Discover Mike's innovative approach to slashing construction costs by 50%. Learn how his symphony of talent, including in-house plumbing, engineering, and architecture, fosters a culture of problem-solving and continuous improvement.Uncover the secrets to attracting top talent and thriving in a fluctuating market. Mike shares his strategies for building a winning team and navigating the complexities of construction finance.Gain valuable insights on building wealth through real estate syndication. Learn from Mike's experience and equip yourself with the knowledge to succeed in property investment.Ready to explore innovative solutions for affordable housing? Head to Mike Kaeding's website to learn more about Norhart's approach and discover how you can get involved. Don't miss this opportunity to turn your dream of affordable housing into reality!VISIT OUR WEBSITEhttps://lifebridgecapital.com/Here are ways you can work with us here at Life Bridge Capital:⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow
In our latest episode of the Marketing Boost Solutions Podcast hosted by Capt. Marco, join us with another special guest, Mike Kaeding. Discover how to maximize your business growth potential with invaluable insights and a strategic blueprint for success. From cultivating a winning mindset to implementing effective strategies, this episode is your roadmap to success in the world of entrepreneurship. His financial advice and customer engagement tactics are equally valuable for individuals looking to enhance their business acumen and personal wealth. Mike Kaeding, CEO of Norhart, is on a mission to dominate the multifamily industry by delivering the best construction cost-to-value in the industry! Thinking outside the box, analyzing data, and innovative ideas are what Mike is all about. He discusses how he uses Marketing Boost incentives to attract investment and improve customer engagement. He details his company's mission to address America's housing shortage through innovative construction and management of apartments. He also emphasizes the importance of hiring top talent, implementing a trial period for new hires, and offers financial advice on investing in index funds. He concludes by providing tips for renters to save money and underscores the value of customer retention strategies. I'm grateful for the opportunity to share his story and wisdom with you, and I hope you find as much value in these insights as I did. If you haven't checked the full episode yet, go grab your headphones now, and let's get your marketing and business strategies supercharged! Find out more about Mike Kaeding below: www.norhart.com https://www.facebook.com/norhart https://www.instagram.com/fromzerotounicorn/ https://www.linkedin.com/in/mikekaeding/ https://www.norhart.com/shows/ Not a MarketingBoost Solutions member yet? Book a free Brainstorming Session with our team today to learn more about our travel incentives. Click here:https://api.automationbooster.com/widget/appointment/brainstorm-session/mb Whether you are a start-up or a well-established business, you need to have a robust platform to help you scale your business with the ease of automating Marketing Boost travel incentives. Schedule a call with our team to explore what Automation Booster can do for you. Book here: https://api.automationbooster.com/widget/bookings/brainstorm-session/ab
This is 'Entrepreneur's Edge' - a Norhart podcast. In these episodes, we aim to help budding entrepreneurs on their journey to success, with tips, advice and fun along the way.SummaryIn this conversation, Mike Kaeding interviews Dai Manuel, a former partner and CEO of a multimillion-dollar retail company, about the challenges of scaling a small business. Dai shares his experiences and lessons learned in scaling up his business, including the importance of solving systems and infrastructure issues to maintain productivity. He discusses the challenges of expanding too quickly and the need for careful market research and lease negotiation. Dai also highlights the significance of inventory management and the impact of marketing and targeting the right customers. He emphasizes the importance of finding and retaining the right team and trusting the mentorship process for personal and professional growth.TakeawaysScaling a small business requires solving systems and infrastructure issues to maintain productivity.Expanding too quickly can lead to challenges in inventory management and cash flow.Market research and lease negotiation are crucial when choosing the right locations for expansion.Marketing and targeting the right customers is essential for success.Finding and retaining the right team is key to scaling a business.Trusting the mentorship process can lead to personal and professional growth.http://www.norhart.com/invest Beat the banks! Interested in earning up to 8.5% interest? Visit Norhart Invest to learn more!
The Find Your Leadership Confidence Podcast with Vicki Noethling
Mike Kaeding is CEO of Norhart. They design, build and rent apartments. They are transforming the way this is done by incorporating technologies and techniques that have revolutionized other industries. This has resulted in improved quality and reduced cost of housing. Ultimately, they are committed to solving America's housing shortage and affordability crisis. And in doing so they hope to improve the way we all live. https://www.norhart.com/BRS FB: https://www.facebook.com/bankedouttradioshowBRS IG: https://www.instagram.com/bankedoutt_radio_show/ --- Support this podcast: https://podcasters.spotify.com/pod/show/bankedouttradioshow/support
Serve No Master : Escape the 9-5, Fire Your Boss, Achieve Financial Freedom
Welcome to the Serve No Master Podcast! This podcast is aimed at helping you find ways to create new revenue streams or make money online without dealing with an underpaid or underappreciated job. Our host is best-selling author, Jonathan Green.Today's guest is Mike Kaeding, a pioneer in social media and LinkedIn, recognized the importance of attention and engagement in driving business success. Inspired by the packed restaurants of Gertner Ramsey in Las Vegas, Mike understood the need to capture attention to fuel his own business. This realization became the catalyst for his groundbreaking work in leveraging social media to enhance business outcomes.In this episode Mike Kaeding is joining us. Get ready to dive into the world of LinkedIn and social media as Mike shares his journey and valuable insights. Discover how Mike went from being a real estate developer to becoming a LinkedIn expert with a thriving online presence. He'll reveal the key to capturing attention and engagement, the importance of delivering value to your audience, and the power of consistently improving your content by just 1%. Plus, learn how to overcome the fear of trying, stand out in a crowded space, and keep pushing forward.Notable Quotes- "There's another kind of currency that most businesses fail to really understand, and that's the attention." - [Mike Kaeding]- "Don't think your first thing out of the gate is perfect or right or good. It isn't. It's the iteration that helps you get to where you need to be." - [Mike Kaeding]- "This may seem trite, but the reality is the number one thing that stops you from being successful is you. It's your own mind." - [Mike Kaeding]- "The people who quit too soon are the ones who always miss out." - [Jonathan Green]- "People are in their situation because of their choices. They're not willing to put in the effort and be a little bit uncomfortable and go outside their comfort zone."- [Jonathan Green]Connect with Mike KaedingWebsite: https://www.norhart.com/Connect with Jonathan Green The Bestseller: ChatGPT Profits Free Gift: The Master Prompt for ChatGPT Free Book on Amazon: Fire Your Boss Podcast Website: https://artificialintelligencepod.com/ Subscribe, Rate, and Review: https://artificialintelligencepod.com/itunes Video Episodes: https://www.youtube.com/@ArtificialIntelligencePodcast
Mike is setting out to change the real estate world! He is doing this one day at a time. He lives focused on his mission and trusts the process. Hope you enjoy my conversation with Mike! Norhart - https://www.norhart.com/Zero to Unicorn Podcast -https://podcasts.apple.com/us/podcast/zero-to-unicorn/id1685311966"Man's Search for Meaning" - Victor Frankl - https://amzn.to/3RUDLgj YIELD Today Podcast YouTube Channel: https://www.youtube.com/channel/UCEnSRg9lbF5NEjJsWMBbYMgTime Stamps:1:50 - Appearing on KABC in Los Angeles3:20 - Lowering the cost of rent5:00 - When Mike's Dad Got Kidnapped9:30 - My dad's dream11:30 - Feeling Joy 14:30 - Learning From Other Industries19:00 - How Mike Follows The Vision for His Life29:00 - Building a YouTube Channel With His Daughter33:30 - The Start of Norhart and Hopes for the Future Quotes:2:23 - "It takes time but when you become the trusted expert in something that is powerful."9:35 - "You have an amazing dad that has that dream for you."29:00 - "How do I make those two worlds work together as much as I can?"31:00 - "The best employees are way way way better than the average Note: This podcast episode contains affiliate links. This means that when you click on one of the links, I receive a small commission. This helps me keep improving the content for you all. I am always digging to find the best of the best to help you. Of course, it's your choice, but I stand behind what I promote and hope it is helpful for you, too! Thanks for listening!Support the show
Venture into the realm of innovative solutions to the housing affordability crisis with me, Ryan DeMent, as I engage with the visionary CEO of Norhart, Mike Kaeding. Discover how a personal tragedy propelled Mike to lead his family's business and how his transformative strategies are not only cutting construction costs but also creating ripples of change in the lives of numerous Americans. This episode is a profound look at the intersection of personal growth and industry-wide impact, where the journey from loss to leadership unfolds alongside trailblazing approaches to building efficiency.As we navigate the complexities of the construction world, prepare to be intrigued by the stories of adversity and the ingenious solutions that follow. Imagine redefining the building process through assembly line techniques or the insider perspective of a framer witnessing the tangible benefits of such innovations on-site. We tackle the nitty-gritty details of dealing with subcontractor disputes, measurement inaccuracies, and the challenge of scaling operations while maintaining affordability. It's a narrative about precision, perseverance, and the collective effort to enhance the very framework of our living spaces.Wrapping up, the conversation pivots to the broader implications of relentless pursuit in business and personal endeavors. Embrace the ethos of continuous learning that powers self-improvement and the entrepreneurial spirit that drives us to transcend conventional boundaries. From the inspiring tales of industry titans to the decade-long persistence of a filmmaker who redefined a beloved franchise, this episode is an homage to the indomitable will that shapes successes in real estate and beyond. Join us to explore these transformative journeys and the lessons they impart.Buzzsprout - Let's get your podcast launched! Start for FREEDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showThanks for Listening! Follow us on Tik Tok Facebook and Instagram
A home costs money and everyone deserves one. There should be affordable housing for all. Sadly, this isn't the case in certain places. It's not an issue that will be solved in short order but there are ways to make an immediate impact. Mike Kaeding eventually took over the family business but it took some convincing. He always wanted to use what he had to make an impact in the world but wasn't sure how to do it. It turns out that the construction industry was a great place to do it. Mike is the leader of Norhart a builder that is determined to drive down the costs of construction and offer more affordable housing solutions. Mike talks about how they plan on doing that and what critical events in his life led to his current position. You can find show notes and more information by clicking here: https://www.bobdepasquale.com/podcast/mikekaeding
Are you curious about how real estate investing and business ownership is being transformed by technology? This is your chance to gain firsthand insights from our returning guests, Frank Mendoza and Mike Kaeding, who are at the frontline of leveraging cutting-edge tools like generative AI and reinforcement learning. They reveal how these technologies are becoming more user-friendly and accessible, and also highlight the thrilling developments in multimodal technology.We also venture into the world of chat GPT and how it is shaking up the advertising and automation landscape. Imagine being able to produce a large volume of ad copy and test it across various platforms in a fraction of the usual time! We discuss the benefits of custom GPT for tailored approaches and how you can save costs by merging chat GPT with other no-code solutions. From AI's role in the economy to Elon Musk's concerns, we address the pressing issues surrounding AI and robotics. We even delve into the potential of using robots for business ventures! As we conclude, we ponder on the profound impact of AI on society, including the necessity to prevent its weaponization and ensuring control. We also touch upon AI's potential in creating music and the need to fairly compensate artists. We envision AI transitioning from a productivity tool to an innovation tool, generating new businesses and revenue streams. Moreover, we discuss how AI can streamline processes in real estate development, making homes more affordable for the masses. We leave you with predictions of AI's trajectory in 2024, including its potential in identifying new materials and compounds. Tune in for a captivating conversation with Frank Mendoza and Kaeding, filled with invaluable insights.This episode is brought to you by Skilled Property Finders - Home of the 21 Day Close!We will close on your property in 21 days or less OR we'll pay an additional $5,000. Visit www.skilledpropertyfinders.com to find out more. Support the show
Mike Kaeding, CEO of Norhart - a company revolutionizing the apartment industry. After an unexpected tragedy, Mike took the reins of the family business and transformed it by incorporating innovative technologies and efficiencies. Their unique approach has solved chronic construction inefficiencies, resulting in high-quality, cost-effective projects. Mike's mission is to solve America's housing shortage and improve the way people live. Mike's website: https://www.norhart.com/ Freedom Accelerator Free Course: https://www.successgridacademy.com/cb47ed71 SuccessGrid Instagram: https://www.instagram.com/successgridofficial/ Show notes: https://successgrid.net/sg185/ If you love this show, please leave a review. Go to https://ratethispodcast.com/successgrid
In this episode, Chaz Wolfe chats with Mike Kaeding about his journey in the housing industry, aligning personal passions with business roles, and the power of small tweaks in staff roles. They delve into Kaeding's hiring process, overcoming business obstacles, and the importance of approval and non-verbal communication. They also discuss the shift from money-driven to purpose-driven actions, innovations in housing costs, and the courage and vulnerability in entrepreneurship.
Buckle up, Kings & Queens! This episode features the game-changing Mike Kaeding, the powerhouse CEO of NORHART. Forget what you think you know about the construction industry; Mike is rewriting the rules. Once thrust into leadership after the sudden loss of his father, Mike rose from struggle to innovation, transforming the way apartments are built and managed. With a background in computer science and accounting, he's applied unconventional wisdom to solve chronic inefficiencies in construction. His mission? To revolutionize residential real estate by making high-quality, cost-effective projects the new standard. This dude is on fire!We dive deep with Mike on an array of topics. From slashing housing industry costs by half to redefining legacy by following his father's footsteps in a unique way. If you've ever struggled with failure, his insights are the kickstart you need.. So stop what you're doing and hit that play button. Trust us, you won't want to miss this.During this episode, you will learn about;00:00 Introduction01:16 What Mike's business does04:03 Mike's burning desire07:29 Mike's view on carrying the torch of his father, and raising his own children13:20 The importance of figuring out what YOU really want in life17:00 How Mike builds a team of A players24:35 A bad decision Mike made in business 32:52 Mikes advice if you don't feel like you're enough36:46 Striving vs. Thriving40:26 Mike on living for a larger purpose43:08 How Mike's business is driving down costs for housing45:29 Mikes advice to his younger self46:21 How to connect with Mike47:48 How to connect with Chaz & Gathering The Kings Books and Resources Recommended:Multipliers by Liz Wisemanhttps://www.amazon.com/Multipliers-Best-Leaders-Everyone-Smarter/dp/0061964395Let's Connect!Mike Kaeding:Instagram: https://www.instagram.com/norhartinc/LinkedIn: https://www.linkedin.com/company/norhart/Facebook: https://www.facebook.com/norhartLinkedIn: https://www.linkedin.com/in/mikekaeding/Website: https://www.norhart.com/Chaz Wolfe (Host): Linktree: https://linktr.ee/chazwolfeWebsite: www.gatheringthekings.comFacebook: https://www.facebook.com/chazwolfe/Facebook: https://www.facebook.com/gatheringthekingsInstagram: https://www.instagram.com/gatheringthekings/LinkedIn: https://www.linkedin.com/in/chaz-wolfe-86767054/Linkedin: https://www.linkedin.com/company/91415421/TikTok: https://www.tiktok.com/@chazwolfe_kingsFor more information on Gathering The Kings Peer to Peer Mastermind Group:https://go.oncehub.com/TheExceptionalLifeIf you liked this episode, please LIKE, SUBSCRIBE, drop us a REVIEW, and share with your friends. We appreciate you, and your support enables us to keep bringing you the goods on the show!#business #podcast #entrepreneur #entrepreneurship
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The Deep Wealth Podcast - Extracting Your Business And Personal Deep Wealth
“Commit to hiring the best people.” -Mike Kaeding Jeffrey Feldberg and Mike Kaeding talk about how Mike has vertically integrating his construction company to reduce costs and increase efficiency. He has also created an investment platform, Norhart Invest, which allows retail investors to deposit money and earn a fixed interest rate. He has gone through SEC approval to make this possible.Mike suggests that to attract world-class talent, companies need to have someone doing the recruiter role and be able to sell themselves to potential hires. He also encourages companies to be brave and make the hard choices to let good people go so they can find the great ones.Click here to subscribe to The Deep Wealth Podcast to save time and effort.SELECTED LINKS FOR THIS EPISODENorhartZero to Unicorn on Apple PodcastsMike Kaeding (@mikekaeding) / XNorhart | Forest Lake MNMike Kaeding - Chief Executive Officer - Norhart | LinkedInCockroach Startups: What You Need To Know To Succeed And ProsperFREE Deep Wealth eBook on Why You Suck At Selling Your Business And What You Can Do About It (Today)Book Your FREE Deep Wealth Strategy CallResources To Have You Thrive And ProsperThe Deep Wealth Podcast helps you extract your business and personal deep wealth. You'll learn and master the foundational strategies in the Deep Wealth 9-step Roadmap. These are the same strategies that our co-founder, Jeffrey Feldberg, leveraged for his 9-figure exit.Enroll in the 90-day Deep Wealth Mastery program to grow profits, increase the value of your business, and optimize your post-exit life. Send an e-mail to insights{at}deepwealth.com with the words "Deep Wealth" in the subject line for more information. Click the link below to access the resources, gear, and books that either our guests or the Deep Wealth team leverage to increase success:https://www.deepwealth.com/thriveContact Deep Wealth: The Deep Wealth Strategy Map Tweet @JeffreyFeldberg LinkedIn Instagram Subscribe to The Deep Wealth Podcast Email podcast[at]deepwealth[dot]com Help us pay it forward by leaving a review.May you continue to thrive and prosper while remaining healthy ...
Welcome back to another episode of the REI Mastermind Network! I'm your host, Jack Hoss, and in today's episode, we have a very special guest joining us - Mike Kaeding, the innovative mind behind norhart.com. Mike and his team are revolutionizing the multifamily investing industry with their unique approach focused on tackling housing affordability and driving down costs. Through their innovative strategies, they have achieved an impressive 20-30% reduction in construction costs and have their sights set on reaching a 50% reduction in the near future. Mike's journey in the industry is equally fascinating, as he initially had no interest in joining his family's small multifamily building business. However, after his father's passing, he stepped up to the challenge and has been leading the charge ever since. Join us as Mike shares his insights into their groundbreaking techniques, their commitment to improving labor productivity in construction, and their mission to make a positive impact in the world through housing affordability. We'll also delve into Mike's podcast, "Becoming a Unicorn," and how he balances work and family life. So, grab your headphones and get ready to dive deep into the world of innovative real estate investing with Mike Kaeding on this inspiring episode of the REI Mastermind Network!Connect with Mike Kaeding: https://www.norhart.com/Topics & Bullets:Mike Kaeding and his innovative approach to multifamily investingSolving housing affordability and driving down costsAchieving a 20-30% reduction in cost and aiming for a 50% reduction in the futureUsing strategies from other industries, like manufacturing, to improve labor productivity in constructionBringing all trades in-house and implementing assembly line techniquesCreating a culture of improvement and solving thousands of small problems to drive efficiencyMike Kaeding's background and journey in the multifamily businessGrowing up in a small multifamily building business started by his parentsInitially not wanting to be involved, but eventually joining and taking over after his dad passed awayThe importance of hiring the best employees and continuous improvementFlying in employees from other states and working with world expertsImplementing lean videos to showcase team improvementsGradually implementing significant investments in infrastructureLetting go of struggling team members and hiring the best peopleThe impact of hiring the right people on productivity and successMike Kaeding's personal values and prioritiesMaking a positive impact in the world through housing affordabilityPrioritizing his relationship with his immediate familyEliminating anything in his life that doesn't contribute to these two main elementsValuing his time and trying to double up tasksEngaging in fun activities, like his daughter's YouTube channelMike Kaeding's podcast and beliefs on making a positive impactMike Kaeding's podcast "Becoming a Unicorn"Emphasizing the shortness of life and avoiding wasting timeUsing time to make a positive impact and pushing things forwardMotivated by the fear of not doing enough to make an impactBreaking out of the reactionary cycle and establishing goalsHuman tendency to be reactionary and only respond to painEstablishing goals and a bigger "why" to break out of this cycleBuilding the right culture and surrounding yourself with the right peopleMike Kaeding's...
In this episode, Mike Kaeding, the visionary CEO behind Norhart, shares how the company is reshaping the landscape of apartment development and management while continuing to delivering projects of exceptional quality at cost-effective rates. Mike's journey into the family business took an unexpected turn when his father, the founder, passed away prematurely. Suddenly shouldering the weight of leadership, Mike found himself navigating uncharted territory in an industry where established norms were absent. His challenges reached a critical point when the city temporarily shuttered operations, a moment that shook his world. However, this adversity became the catalyst for Norhart's transformative journey. With a fresh perspective, Norhart embarked on a mission to tackle longstanding inefficiencies in construction. Cultivating an inviting and distinctive culture within the construction sector, they assembled a team of top-tier talent. Together, they addressed persistent issues, drawing on manufacturing principles and uniting traditionally separate trades. The result? Projects of superior quality at reduced costs. This is a great listen for any business owner, whether you're just getting started or you're a seasoned entrepreneur. So press play right now and enjoy this fun and informative conversation with Mike Kaeding.
Interview with Mike Kaeding, who is CEO of Norhart. They design, build and rent apartments. They are transforming the way this is done by incorporating technologies and techniques that have revolutionized other industries. This has resulted in improved quality and reduced cost of housing. Ultimately, they are committed to solving America's housing shortage and affordability crisis. His web site is https://www.norhart.com/
In this episode, Mike Kaeding reveals his unconventional yet highly effective business strategies that paved his path to success. Tune in to hear about how he spearheads a groundbreaking revolution in the construction industry plus his inspiring journey of entrepreneurial innovation and social impact.Key Takeaways to Listen forBest business practices entrepreneurs should rememberTop recruitment strategies for hiring the best employeesWhat is the mission of Norhart?Creative solutions for bridging the financial gap in constructionWhy it's a good time to develop properties in 2024Resources Mentioned in This EpisodeHarvardNetflixThe BatmanApartment Syndication Due Diligence Checklist for Passive Investor About Mike KaedingMike is a 200 million dollar residential real estate developer solving the US housing affordability crisis. He is the CEO of Norhart - a company that designs, builds, and rents apartments. Mike's parents started their family business. However, just a few years after joining the business, Mike's father unexpectedly passed away. Then, Mike had to take over. He struggled at first but eventually found the pull-through. With a mission to solve South America's housing shortage, Mike now leads the company in transforming how apartments are built and managed. And in doing so, we will improve the way we all live.Connect with MikeWebsite: NorhartPodcast: Zero to Unicorn on Apple PodcastsTo Connect With UsPlease visit our website: www.bonavestcapital.com, and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams
Mike Kaeding is husband to Alyssa, and father to Claire and Emma, and CEO of Norhart, a $200M residential real estate company that designs, builds and rents apartments. Norhart's purpose is to solve America's housing affordability crisis by reducing the cost of construction. To learn more about Mike, check out the following links: Norhart Website & Podcasts: https://www.norhart.com Facebook: https://www.facebook.com/mikeskaeding Instagram: https://www.instagram.com/mikekaeding/ LinkedIn: https://www.linkedin.com/in/mikekaeding/ Twitter: https://twitter.com/mikekaeding
Welcome to "Give a Heck"! In this informative episode, Dwight welcomes Mike Kaeding, CEO of Norhart. The conversation uncovers Mike's inspiring origin story, where his parents embarked on the real estate journey, navigating challenges like financial setbacks due to a deal in Peru that went awry. These challenges led Mike's father to take on multiple jobs to support the family during trying times. Tune in to gain insights into the resilience and determination required to overcome adversity and drive innovation in the real estate and housing sector. In this episode, you'll learn about… Taking the Helm: A CEO's Journey After a Family Tragedy Leadership Lessons: Honesty and Open Communication in Business Resilience and Determination: Overcoming Challenges in Real Estate Development Success, Wealth, and the Value of Exceptional Talent Innovations in Affordable Housing: Transforming Construction Practices And so much more! About Mike Kaeding: Mike Kaeding is the Chief Executive Officer (CEO) of Norhart, a company focused on revolutionizing the multifamily housing industry by providing superior construction cost-to-value ratios. As a visionary leader, Mike is driven by a mission to achieve accelerated growth and excellence in the multifamily sector. He is known for his innovative thinking, data analysis skills, and a commitment to delivering outstanding value to the industry. Mike's approach involves thinking outside the box and implementing innovative ideas to make a significant impact on the housing and construction landscape. His leadership aims to bring about positive change and efficiency within the company and the industry as a whole. Connect with Mike Kaeding on… Website: www.norhart.com Facebook https://www.facebook.com/norhart Facebook: https://www.facebook.com/mikeskaeding Instagram: https://www.instagram.com/fromzerotounicorn/ Instagram: https://www.instagram.com/mikekaeding/ LinkedIn: https://www.linkedin.com/in/mikekaeding/ Connect with Dwight Heck! Website: https://giveaheck.com (Free Book Offer) Instagram: https://www.instagram.com/give.a.heck Facebook: https://www.facebook.com/dwight.heck Facebook Group: https://www.facebook.com/groups/Giveaheck YouTube: https://www.youtube.com/channel/UCF0i LinkedIn: https://www.linkedin.com/in/dwight-raymond-heck-65a90150/
In this episode, I was lucky enough to interview the great Mike Kaeding, CEO of Norhart, a real estate development company that specializes in designing, building, and renting apartments while prioritizing affordability in housing.Mike's childhood was closely tied to the company, with his parents founding it in Minnesota. However, when life took an unexpected turn, Mike was thrust into the CEO position.Mike shared Norhart's strategies for success, emphasizing the importance of building relationships with their audience through content creation, podcasts, and influencer marketing. His dual role as a strategic planner and mentor for new initiatives underscores Norhart's dedication to innovation and growth, emphasizing the significance of finding the right individuals to drive these initiatives to success.Buckle your seatbelts, and let's take a flight to Minnesota for yet another enriching episode with Mike Kaeding!Guest Info:Norharthttps://www.norhart.com/Mike Kaeding's LinkedInhttps://www.linkedin.com/in/mikekaeding/Connect with Jay on LinkedInhttps://www.linkedin.com/in/jayaigner/The First Customer Youtube Channelhttps://www.youtube.com/@thefirstcustomerpodcastThe First Customer podcast websitehttps://www.firstcustomerpodcast.comFollow The First Customer on LinkedInhttp://www.linkedin.com/company/the-first-customer-podcast/
Episode page with transcript, links, and more: https://leanblog.org/486 My guest for Episode #486 of the Lean Blog Interviews Podcast is Mike Kaeding, the CEO of Norhart. They design, build, and rent apartments. They are transforming the way this is done by incorporating technologies and techniques that have revolutionized other industries. This has resulted in improved quality and reduced cost of housing. Ultimately, they are committed to solving America's housing shortage and affordability crisis. And in doing so they hope to improve the way we all live. He was previously (May 2023) a guest with me on the My Favorite Mistake podcast. In today's episode, learn how Kaeding's company, Norhart, applies Lean practices to uplift the housing sector. Their compelling ambition to bridge the labor productivity gap between manufacturing and construction industries lies at the heart of their Lean journey. From their unique recruitment strategies to their effective lean techniques, Norhart aspires to reshape the housing industry. Kaeding outlines their intrusion on tradition by focusing on continuous improvement rather than mere experience. Discover how their Lean approach emphasizes flow in both construction processes and material delivery, spotlighting Norhart's determination to overhaul established construction norms. Questions, Notes, and Highlights: High-reaching mission — similar to Toyota “The way we've always done it”?? How do you encourage everybody to get past that? Hiring people who are willing to be different? How to do that? How do you then maximize their potential? The appeal of culture in hiring and recruiting? Netflix “keeper test”? “We want that person to be happier with us after firing…” How to balance the right timing of hiring with growth? Balancing jobs — cycle times and flows across trades? Material flow and synchronizing that Toyota helping you on JIT — how to find this balance with long lead time or bad availability?? Mike on the My Favorite Mistake podcast What's your Lean origin story? For you and Norhart? “Not knowing what I'm doing…” was a benefit Working with TSSC? How did they help you frame or choose that initial problem to solve? “Problems are not a bad thing” Your role as CEO? Creating that psychological safety? Wanting to be the best at what you do? You as a CEO? What does that mean to you? The podcast is sponsored by Stiles Associates, now in its 30th year of business. They are the go-to Lean recruiting firm serving the manufacturing, private equity, and healthcare industries. Learn more. This podcast was also brought to you by Arena, a PTC Business. Arena is the proven market leader in Cloud Product Lifecycle Management (PLM) with over 1,400 customers worldwide. Visit the link arenasolutions.com/lean to learn more about how Arena can help speed product releases with one connected system. This podcast is part of the #LeanCommunicators network.
Welcome back to Part 2 of our captivating podcast series, where we continue our deep exploration of innovation in an often-overlooked domain – the world of apartments. Join us as we reconnect with Mike Kaeding, CEO of Norhart, a visionary company that's turning the apartment industry upside down through data-driven technologies and efficiency strategies.In this episode, we pick up where we left off, starting with Norhart's unique differentiation at 00:12. Discover the technology breakthroughs that have finally arrived at 02:55 and how data plays a pivotal role in reshaping apartment living (explored at 09:08). Dive into the concept of smart apartments (10:38) and the fascinating journey of "I Told You So" at 17:41.But the learning doesn't stop there. Mike shares insights into continuous learning (18:35) and how embracing "No Rules Rules" (20:40) can foster innovation and growth.Connect with Mike Kaeding on LinkedIn [linkedin.com/in/mikekaeding] and explore Norhart's groundbreaking work on their website [http://norhart.com]. For the full podcast episode, visit [https://podcasts.apple.com/us/podcast/zero-to-unicorn/id1685311966].Are you passionate about data-driven innovation and eager to share your insights on the Making Data Simple Podcast? Reach out to us at almartintalksdata@gmail.com and let us know why you should be our next featured guest. Hosted by Al Martin, WW VP Technical Sales at IBM, our podcast simplifies the world of data, presenting the latest data trends in an engaging, enjoyable manner.00:12 Norhart Differentiation02:55 Finally! The Technology09:08 Data10:38 Smart Apartments17:41 What to do with I Told You So18:35 Continuous Learning20:40 No Rules RulesLinkedIn: linkedin.com/in/mikekaedingWebsite: http://norhart.comPodcast: https://podcasts.apple.com/us/podcast/zero-to-unicorn/id1685311966
Join us for Part 1 of our podcast series, where we embark on an exploration of innovation in apartment design and management through the lens of data. Meet Mike Kaeding, CEO of Norhart, a visionary company that's reshaping the apartment industry by incorporating data-driven technologies and efficiency strategies from other sectors.In this episode, we dive deep into Mike's remarkable journey, commencing at 02:01. Discover how he transformed challenges into opportunities, unveiling the concept of the "Apartment Assembly Line" and the incredible efficiency of 5-hour construction crews while maintaining top-tier quality (explored at 13:30).But data isn't just a buzzword here – we also explore the impact of city processes on data-driven innovation (19:38), how talent leverages data for change management (23:26), and strategies for retaining top data-driven talent (35:28).Connect with Mike Kaeding on LinkedIn [linkedin.com/in/mikekaeding] and learn more about Norhart's groundbreaking data-driven initiatives on their website [http://norhart.com]. For the full podcast episode, visit [https://podcasts.apple.com/us/podcast/zero-to-unicorn/id1685311966].Are you eager to share your own data-driven innovation journey on the Making Data Simple Podcast? Reach out to us at almartintalksdata@gmail.com and let us know why you should be our next featured guest. Hosted by Al Martin, WW VP Technical Sales at IBM, our podcast simplifies the world of data, presenting the latest data trends in an engaging, enjoyable manner.02:01 Meet Mike Kaeding05:42 Turning Dilemma into Opportunity11:05 The Apartment Assembly Line 13:30 5 Hour Crews and Quality19:38 What about City Processes?23:26 Change Management via Talent 35:28 Keeping Top TalentLinkedIn: linkedin.com/in/mikekaedingWebsite: http://norhart.comPodcast: https://podcasts.apple.com/us/podcast/zero-to-unicorn/id1685311966
The real cost-cutter may not be what you think. In this episode, our special guest is Mike Kaeding, the CEO of Norhart, who is revolutionizing the multifamily market with their groundbreaking approach to construction projects. Mike's unwavering commitment to placing the right people in the right positions led him to hire a remarkable team of 16 in-house recruiters. Today, he shares the importance of having the right people and how it helped Nohart achieve cost reductions that transformed the construction industry. He discusses why it's crucial for organizations to have an in-house recruiter who truly understands their culture and is dedicated to bringing in top talent. Say goodbye to outsourced recruiters and embrace this powerful idea. And that's just the tip of the construction cane, as Mike also reveals his ambitious mission of driving down costs by a jaw-dropping 50%, starting with a 20-30% reduction! Don't miss out, as Mike leads in reshaping the industry. Tune in now!
Ever wanted to make a meaningful impact in the world, but felt unsure of where to start? Well, meet Mike, a visionary dedicated to solving one of the most pressing societal issues of our time, the housing affordability crisis. He takes us on a journey of discovery, sharing his personal experiences, inspirations, and the lessons he picked up along the way. From the poignant passing of his father to the invaluable insights gleaned from joining his parents' real estate business, Mike's shared wisdom is a testament to overcoming adversity and using life's challenges as stepping stones to success.In our candid conversation, Mike shares his unique approach to networking and how it played a pivotal role in his journey. He emphasizes the power of connection, seizing opportunities, and the importance of hiring the right people. With an inspiring story about Alice Ramos, he illustrates the profound impact of taking action and believing in your abilities. He does not shy away from discussing the dire state of the housing crisis, offering up his own innovative solutions to ensure that everyone can afford a place to call home.The final leg of our chat takes us on a fascinating exploration of cross-industry learning. Mike shares strategies on acquiring and applying knowledge from diverse sectors such as manufacturing and agriculture, to revolutionize the construction industry. We discuss memorable life lessons, admirable traits, and the importance of wealth creation. In highlighting the book 'No Rules Rules', we ponder over the legacy we aim to leave behind. Remember, your wealth journey may begin with lowering home expenses, but it's the regular investments of your income that will pave the path to financial freedom. Join us, and let's start building that path together.Connect With Mike: Website: Norhart.comFacebook: https://www.facebook.com/norhartInstagram: https://www.instagram.com/norhartlife/Twitter: https://twitter.com/mikekaedingLinkedIn: https://www.linkedin.com/company/norhart/mycompany/?viewAsMember=truePodcast: Norhart.com/podcastSupport the showHOW TO SUPPORT THE WALK 2 WEALTH PODCAST: walk2wealth.supercast.com 1. Subscribe, Rate, & Review us on Apple Podcasts, Spotify, YouTube, or your favorite podcast platform. 2. Share Episodes with your family, friends, and co-workers. 3. Donate what you can financially to help us continue to bring great content that inspires you, and people like you around the world!4. GET YOUR BEGINNER'S GUIDE TO START YOUR DREAM BUSINESS: HTTPS://WWW.BIT.LY/WALK2WEALTHGIFT
Join us in this episode of the Learn or Be Learned podcast as we dive into the world of construction and real estate with Mike Kauding. Mike shares his journey of taking over a family business and transforming it into a powerhouse of innovation. Discover how he applies the principles of systems thinking, AI, and manufacturing to revolutionize the construction industry. Tune in to learn about the importance of hiring the best people, the future of AI, and the impact of small changes on efficiency. Don't miss this insightful conversation! Summary In this episode, host Shiva Dhanasekar talks with Mike Kauding about his experiences in the construction and real estate industry. Mike discusses the challenges he faced when taking over his family business and the innovative approaches he has implemented to improve efficiency and drive down costs. He shares insights into the importance of systems thinking, the role of AI in creative design, and the value of hiring the best people. Mike also highlights the significance of small changes in processes and the potential for patented designs to revolutionize the industry. Episode Key Takeaways: Efficiency is Key: Mike Kauding emphasizes the importance of improving efficiencies in construction, highlighting how small changes can have a big impact on productivity and cost-effectiveness. Innovation in the Industry: Kauding discusses the future of the construction industry, including the role of patented designs and the potential for AI to revolutionize creative design and other aspects of the industry. The Power of Systems Thinking: Kauding shares insights into the value of systems thinking in business, explaining how a systematic approach can unlock growth and drive innovation. Hiring the Best People: Kauding stresses the significance of hiring the best people, noting that the right team can unlock doors and achieve results that were previously unimaginable. Building a Genuine Company Culture: Kauding talks about the importance of building a genuine company culture, emphasizing the need for authenticity and a focus on values. Meaningful Quotes: "The most important thing, and this is the most important lesson I've ever learned in the business, is to hire the very best." - Mike Kauding "If you line yourself up well, coming to work is a joy." - Mike Kauding "The best people unlock doors and achieve results that you never imagined or even possible." - Mike Kauding "The innovation won't come from where you expect. The things that make the news are the flashy, crazy new stuff. They're great. They are part of the solution. They are not the solution." - Mike Kauding "Getting that infrastructure in place is so challenging, but once you do, it's so fun. It gets you to stop thinking about the mundane and gets us to use your best brain power." - Mike Kauding Mike Kaeding's Information Nohart Construction Company Website Instagram LinkedIn Facebook YouTube Channel My Information Podcast Link Page: www.solo.to/shivadhana Instagram: @shivadhana Email | shivadhana@dhanastudios.com Click Here for YouTube Channel Click Here to Review Me on Apple Click Here for Show Notes, Tips & More Share a link to my podcast Thank you so much for listening, and I hope this time you invested provided a fruitful return. Remember Friends, "You either learn from or you're learned from!" - Shiva D. Timestamps: 00:00 - Start 03:33 - Mike's Journey in the Family Business 05:35 - Aligning Passion with Career 11:24 - Overcoming Challenges in Business 17:33 - Future Innovations in the Industry 22:53 - The Impact of AI on Jobs 30:34 - Hiring the Best People 35:47 - Future with AI 42:59 - The Future of AI in Construction 52:13 - The Impact of AI on Jobs --- Send in a voice message: https://podcasters.spotify.com/pod/show/shivadhana/message
Mike Kaeding dreams big, works hard, and knows his life's vision. Every minute counts, and he strives to never waste a single one. As CEO of Norhart, he leads with this philosophy for success. Top 3 Value Bombs 1. Ignorance can lead to asking unique questions, exploring new perspectives, and discovering innovative approaches. Embracing ignorance can open doors to unexpected possibilities and drive significant impact. 2. Dream big and work hard; even if you do not reach the exact target, you will still surpass what you would have achieved with smaller goals. 3. The key was having the right people to make the impact we aspired to achieve. Hire the best. Visit and experience Noharts Apartments. Creating a better way for people to live - Norhart Website Sponsors HubSpot HubSpot's integrated AI tech is helping teams of all types and sizes automate the more tedious parts of running a business. Learn more and get started today at HubSpot.com Belay Get Belay's Ultimate Guide to Working with a Virtual Assistant today! Just text FIRE to 55123 to get started
In this captivating podcast episode, we delve into an enchanting conversation with Mike Kaeding CEO of Norhart. The discussion centers around the remarkable achievements of reducing construction costs by 30% and the underlying philosophies of creating affordable housing. Mike sheds light on the importance of psychological safety within a company's culture, emphasizing the need to transcend the superficial "fake good" attitude prevalent in many organizations.Continuous improvement takes center stage as Mike humbly acknowledges his shortcomings and dedicates his leisure time to learning. Rather than focusing solely on industry-specific skills, he delves into the magical realm of experience creation by studying the renowned Disney experience. This pivot leads to a profound exploration of psychological safety within his team and his genuine concern for the well-being of others.As the conversation unfolds, we witness the delicate balance between Mike's love for construction, technology, and people. The extraordinary efforts he undertakes to cultivate a culture of excellence become apparent, including his practice of flying in talented individuals and paying them well, knowing that such investments yield remarkable returns.Prepare to be amazed as Mike's story takes you on a compelling journey, exploring the inherent challenges of construction and the harmonious fusion of technology and human compassion. If you think you've seen it all, be prepared to have your expectations shattered. This episode offers a genuine and transformative experience that will leave you yearning for more. Visit the website to witness the mind-blowing innovation firsthand and discover the true essence of Mike's remarkable work.https://www.norhart.com/Support the showAppreciate the content we provide?Support the show on Patreon! Click the link below to join the team.https://patreon.com/JonathanCinelli
Mike Kaeding is a residential real estate builder and developer. He's the CEO of Norhart, and aims at transforming the way apartments are built and managed by incorporating technologies and efficiencies that have revolutionized other industries, and lead to high-quality, cost-effective projects. Mike's parents started their family business. But just a few years after joining the business, his dad unexpectedly passed away. All of a sudden, Mike had what felt like the weight of the world on his shoulders. He had to lead this business. He had no preconceived notion of "the way things are done" in the industry. He was struggling to the point where the city briefly shut them down. This shattered Mike's world. But he just naively started to solve problems. And that was the magic. Mike and his team began changing the way construction is done. Starting with an attractive culture unique to the construction industry they hired the best talent. Together they solved chronic construction inefficiencies, applied techniques from manufacturing, and integrated traditionally unaffiliated trades. This resulted in higher quality and lower cost projects. In this episode, we explore the current housing crisis and what can be done to address it. Mike and I discuss interesting techniques in developing apartment complexes and planning for the resident experience. We also chat about the importance of hiring the best people, the value of employee experience, and the benefits of in-house manufacturing. Additionally, we discuss introducing new technology to remove pain points and create a better overall experience for residents. Listen in for an informative and eye-opening episode that offers insights into solving the affordable housing crisis in America. Key Takeaways The lack of affordable housing and rental properties in the countryTechniques in developing apartment complexes and planning for the resident experienceStrategies for attracting and retaining the best peopleHow Mike is building an efficient in-house construction teamFocusing on employee experience to improve the overall customer experienceUsing technology to improve efficiency and remove pain pointsCreating workspaces or co-working spaces within apartment buildingsPartnership with Toyota for manufacturing improvements Timestamps [00:00:39] "Exploring Real Estate CX with Norhart Construction" [00:05:37] "DIY plumbing leads to innovative construction solutions" [00:09:58] "Innovative Building Solutions: Kit of Parts Approach" [00:10:51] "Rental Market Shortage Leaves Families Homeless" [00:16:14] "Construction Company Creates Google-Like Culture for Employees" [00:18:46] "Creating an Exceptional Employee Experience for Success" [00:23:55] "Norhart's Innovative Plan to Solve Housing Affordability" Quotes Creating a Culture of Excellence: "We have an entry-level, brand new general labor construction worker who gets unlimited paid time off. I don't know of any other company in our space that does that kind of thing." Creating Google-like Spaces for an Optimal Employee Experience: "The employee experience has a very big impact on the company culture. If you find the best people and cultivate them, well, then it spills over." Hiring the Best People: "The most important lesson that I've ever learned is to hire the very best people. What most business owners don't understand is that the best people outperform the average by five to ten times as much." Connect with Mike Linkedin - https://www.linkedin.com/in/mikekaeding/ Website - https://www.norhart.com/ Twitter - https://twitter.com/mikekaeding
Real estate investor and developer Mike Kaeding is the CEO of Norhart Inc, a multifamily development firm based in Minnesota. Mike and his team are on a mission to dominate the multifamily industry by delivering the best construction cost-to-value! He and his team are transforming the way apartments are built and managed by incorporating technologies and efficiencies that have revolutionized other industries, and lead to high-quality, cost effective projects. Quote: We have the mentality of, “We're faced with a challenge. How do we solve it?” We've just kept doing that over and over again over the years. Highlights: 03:02: Improving inefficiencies in the construction industry 08:12: Learning to be scrappy to cut costs 13:31: Mike's mission to solve housing affordability and the challenges of scaling up 16:36: The impact of rising interest rates on developers and property owners 18:06: Mike's long-term goal of improving the way people live 20:45: Avoiding rent control regulations in Minneapolis Guest Website: https://www.norhart.com/ Recommended Resources: Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com. Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast. Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
Join us on this episode of our podcast as Shawn interviews Mike Kaeding, a multifamily apartment developer who has taken vertical integration to the next level. Mike and his company not only own and manage their properties with their own property management company, but they've even designed and developed their own manufacturing facilities for building materials. This unique approach has allowed Mike and his team to reduce the cost of constructing new rental housing by an astonishing level. Mike's goal is to continue building systems to reduce costs so his team can provide affordable housing across the county. In this episode, we dive deep into Mike's innovative approach, discussing the benefits and challenges of vertical integration in multifamily development. Mike shares his experiences and insights, explaining how his company has been able to save costs and improve efficiency by integrating different aspects of the development process. Whether you are a seasoned developer or simply interested in affordable housing, this episode offers valuable information and inspiration. Tune in to learn from Mike's expertise and explore the potential of vertical integration in the multifamily development industry.
In this episode of Winners Find a Way show, host Trent Clark interviews Mike Kaeding, the CEO of Norhart, a real estate firm that focuses on building and renting apartments while driving down the cost of housing. Trent and Mike discuss their challenges while building their brands and organizations and how they found a way to win. Mike's technological background in computer science, accounting, and engineering is highlighted, and his vision of affordable housing through a unique, holistic approach is explored. Despite technical challenges during the recording, Trent and Mike explore the importance of resilience and finding solutions to problems. “My mission is to solve America's housing shortage by transforming how apartments are built and managed. And in doing so I will improve the way we all live. “ In this episode, you will learn the following: [00:02:52] Making housing affordable holistically. [00:03:43] Cellular technology in industries. [00:09:54] Curiosity and self-learning. [00:11:23] Learning QuickBooks without experience. [00:14:55] Hiring the Best in the World. [00:18:11] Holistic view of real estate. [00:22:10] Time dilation and GPS. [00:28:33] Overcoming self-doubt. [00:30:23] Hiring the best people. [00:34:40] Embracing problems for growth. [00:37:35] Overcoming self-doubt and fear. [00:39:57] Monopolies in the energy industry. Podcast Takeaways : “ The cost of housing is rising faster than income, making it difficult to afford.” “Technology can be used to improve efficiency and reduce costs in any industry. “Technology has improved many industries, but construction has seen minimal improvement in the past 60 years.” Connect with Mike https://www.facebook.com/norhart https://twitter.com/mikekaeding https://twitter.com/Norhart https://www.linkedin.com/in/mikekaeding/ https://www.linkedin.com/company/norhart Support our sponsors: www.rebelliousbeverage.com Learn more about Leadershipity Coaching and Events: Trent@leadershipity.com Ready to take your game to the next level? Join the NIL movement and discover a world of new opportunities! https://www.aim4nil.com/ Connect with Coach Trent Clark with these links : Youtube: https://www.youtube.com/channel/UC_76SFCClh6GbqLjzFgf8xw LinkedIn: https://www.linkedin.com/in/trentmclark/ Instagram:https://www.instagram.com/leadershipity/?hl=en Fb Page: https://www.facebook.com/Leadershipity/?ref=pages_you_manage Other episodes you'll enjoy: https://open.spotify.com/episode/4g8LRy3NlVVXLlaIkvWrXL https://open.spotify.com/episode/6YqBE7c3VBCNMjDvE0LodE https://open.spotify.com/episode/6AY2dk00jDWSb7fLnqFYgY Thanks for tuning into today's episode of Mike Kaeding: CEO of Norhart Vision for Affordable Housing with your host Coach Trent Clark. Do you love this episode? Leave us a review and rating here: https://open.spotify.com/show/7GAwyvYA7OY1L2JOjegX7D
In this episode of Winners Find a Way show, host Trent Clark interviews Mike Kaeding, the CEO of Norhart, a real estate firm that focuses on building and renting apartments while driving down the cost of housing. Trent and Mike discuss their challenges while building their brands and organizations and how they found a way to win. Mike's technological background in computer science, accounting, and engineering is highlighted, and his vision of affordable housing through a unique, holistic approach is explored. Despite technical challenges during the recording, Trent and Mike explore the importance of resilience and finding solutions to problems. “My mission is to solve America's housing shortage by transforming how apartments are built and managed. And in doing so I will improve the way we all live. “ In this episode, you will learn the following: [00:02:52] Making housing affordable holistically. [00:03:43] Cellular technology in industries. [00:09:54] Curiosity and self-learning. [00:11:23] Learning QuickBooks without experience. [00:14:55] Hiring the Best in the World. [00:18:11] Holistic view of real estate. [00:22:10] Time dilation and GPS. [00:28:33] Overcoming self-doubt. [00:30:23] Hiring the best people. [00:34:40] Embracing problems for growth. [00:37:35] Overcoming self-doubt and fear. [00:39:57] Monopolies in the energy industry. Podcast Takeaways : “ The cost of housing is rising faster than income, making it difficult to afford.” “Technology can be used to improve efficiency and reduce costs in any industry. “Technology has improved many industries, but construction has seen minimal improvement in the past 60 years.” Connect with Mike https://www.facebook.com/norhart https://twitter.com/mikekaeding https://twitter.com/Norhart https://www.linkedin.com/in/mikekaeding/ https://www.linkedin.com/company/norhart Support our sponsors: www.rebelliousbeverage.com Learn more about Leadershipity Coaching and Events: Trent@leadershipity.com Ready to take your game to the next level? Join the NIL movement and discover a world of new opportunities! https://www.aim4nil.com/ Connect with Coach Trent Clark with these links : Youtube: https://www.youtube.com/channel/UC_76SFCClh6GbqLjzFgf8xw LinkedIn: https://www.linkedin.com/in/trentmclark/ Instagram:https://www.instagram.com/leadershipity/?hl=en Fb Page: https://www.facebook.com/Leadershipity/?ref=pages_you_manage Other episodes you'll enjoy: https://open.spotify.com/episode/4g8LRy3NlVVXLlaIkvWrXL https://open.spotify.com/episode/6YqBE7c3VBCNMjDvE0LodE https://open.spotify.com/episode/6AY2dk00jDWSb7fLnqFYgY Thanks for tuning into today's episode of Mike Kaeding: CEO of Norhart Vision for Affordable Housing with your host Coach Trent Clark. Do you love this episode? Leave us a review and rating here: https://open.spotify.com/show/7GAwyvYA7OY1L2JOjegX7D
In an ever-progressive technological lifestyle era, it is time to rethink how the real estate industry does construction. Explore groundbreaking ideas with Mike Kaeding to learn about next-level housing manufacturing practices you can apply to empower your business. Tune in to know more! Topics on Today's Episode An innovative idea to reduce construction costs and how it works Benefits of low-cost and optimized housing construction Why you should hire the best people to work on your properties How to leave a legacy using a humanitarian-centered business vision Why empowering people enables freedom to progress extensively Resources/Links mentioned No Rules Rules by Reed Hastings and Erin Meyer | Kindle and Paperback About Mike Kaeding Mike is a visionary whose optics are in accelerated growth. He is on a mission to dominate the multifamily industry by delivering the best construction cost-to-value in the industry. Thinking outside the box, analyzing data, and innovative ideas are what Mike is all about. Connect with Mike Website: Norhart Podcast: Becoming a Unicorn Make millions and change your life this year by joining the Kahuna Boardroom this coming April 27th to 29th, 2023, in Scottsdale, AZ. To register, go to kahunaboardroom.com and gain access to multiple tools, and resources, and learn trends that'll help you thrive in multifamily apartment investing! Don't forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard, please leave a review on iTunes.
Mike Kaeding is the CEO of Norhart, which is committed to solving America's housing shortage and affordability crisis. In this episode, Mike shares how Norhart plans to strategically drive down the cost of housing on a national level, his advice for bringing trades and expertise in-house, and the importance of building the right company culture. Mike Kaeding | Real Estate Background CEO of Norhart, which is committed to solving America's housing shortage and affordability crisis. Portfolio: 12 properties in MN totaling 800+ units, all built by Norhart Based in: Forest Lake, MN Say hi to him at: norhart.com Facebook Instagram LinkedIn Twitter Best Ever Book: No Rules Rules by Reed Hastings Greatest Lesson: Hire the best people. Click here to know more about our sponsors: MFIN CON | Reliant