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EP 62: “Bags On” Carpenter to 380M in Real Estate in Just Over a Decade: Case Study – Barrett Johnston


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You can find Barrett’s Company Cadence Real Estate at:

Just 13 years ago, Barrett was working as a bags-on carpenter fresh out of school. 

Since then, he has not only built an extremely successful construction company but has also become a full-blown multi-family developer. 

His company, Cadence Real Estate, which is actually composed of 4 subsidiaries, now owns over 380 Million dollars worth of Real Estate in the Seattle area and is expanding beyond. NBD.

To learn Barrett’s somewhat unique approach to business development, listen to the full episode.

  • The 2 core systems Barrett implemented that really moved the needle in his business
  • How to run effective Strategic Planning when you run 4 companies
  • How to select the leaders and leadership traits for the business you run
  • 2 Key lessons learned going from 0 to 380M and what Barrett would change if could start again
  • Barrett’s strategy for managing capital and investment in a business that has huge swings in revenue
  • Barrett’s advice to young contractors today and his reflection on opportunity in 2022 sharing similarities to opportunity in 2008
Benji Carlson

Benji Carlson

As the son of two proven entrepreneurs, Benji’s spirit for self-starting business runs deep. Since he was a young teen, Benji has been starting and running profitable small businesses; most recently culminating in a highly successful 4-year career as a franchisee with College Pro Painters. Benji’s enormous heart and passion for people is what drove him to produce over $1,000,000 in revenue while taking the highest quality care of his employees and customers. He was consistently acknowledged for having the most productive staff in the company, while leading more junior franchisees to fulfill their potential. Benji’s uncanny ability to find the right people and put them in the right place make him a natural fit for Breakthrough Academy’s Assessment Team.

Upon finishing up his career with College Pro, Benji set out on the ultimate victory lap: a nine-month transcontinental motorcycle trip from Canada to Peru.

Benji lives in beautiful Kelowna BC. During the summer you’ll usually find him on two wheels: either bombing down a trail on his mountain bike or cruising the pavement on his motorcycle. When the snow falls, he escapes to the mountains for steep and deep powder.

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While a lot of other shows focus on early stage growth challenges, we focus on real life scenarios faced by contractors that are scaling at a rapid rate, and how they keep everything dialed in without losing sight of work/life balance.

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