Building America’s most Generous Commercial Real Estate and Hospitality Company with Micah Lacher

Building Scale

We interview successful Architecture, Engineering, and Construction (AEC) business leaders to learn how they use people, processes, and technology to scale their businesses.

Building America’s most Generous Commercial Real Estate and Hospitality Company with Micah Lacher

E37 • Oct 4, 2022 • 58 mins

Discover the inspiring story of Micah Lacher, President of Anchor Investments, on Building Scale. Learn about his success in managing over $300 million in real estate transactions and his unique approach to property investment. Micah also shares insights on his groundbreaking venture, Mission Hotels, which supports underserved communities through its profits. Additionally, delve into his philanthropic efforts with Team Chad and other community organizations. An insightful episode highlighting a blend of business acumen and social responsibility.

Key Points

Micah Locker emphasizes the importance of having mentors and resources like the Entrepreneurs' Organization to navigate and avoid pitfalls in business growth.
He highlights the value of investing in thorough training and implementation when adopting new technology to avoid costly mistakes and inefficiencies.
Micah's vision for Anchor Investments and Mission Hotels is to build the most generous real estate company in America, using business as a vehicle for community generosity and philanthropy.

Connect with Micah: https://www.linkedin.com/company/6647140/ https://www.instagram.com/missionhotels/ https://www.instagram.com/russellnashville/ https://www.instagram.com/thegallatinhotel/ https://www.instagram.com/506lofts/ www.anchorinv.com www.missionhotels.com www.teamchad.us

Connect with the Justin & Will: Will's LinkedIn: https://www.linkedin.com/in/willforet/ Justin's LinkedIn: https://www.linkedin.com/in/justneagle/

Learn More & Connect With Spot Migration Managed IT Services & Support In Chicago, IL - Website: https://www.spotmigration.com LinkedIn: https://www.linkedin.com/company/spot-migration Facebook: https://www.facebook.com/spotmigration Youtube: https://www.youtube.com/c/Spotmigration

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Speakers

Will Foret

Host • 12%

Justin Neagle

Host • 17%

Micah Lacher

Guest • 71%

Chapters

0:00	Introduction and Guest Micah Lacher's Background
10:00	Benefits of Entrepreneurs' Organization & Micah's Professional Purpose
15:24	Transition to Purpose-Driven Business and Growth Plans
21:10	Building Trust with Investors and Expanding the Business
26:15	Operational Challenges and Strategic Relationships
31:39	Role of a COO and Letting go of Operational Control for Growth
35:18	Communication, Prioritization and the Role of a Leader
40:41	Implementing EOS Business Model and Documenting Business Operations
45:06	The Role of Technology in Scaling the Business
55:37	Reflecting on the Journey, Overcoming Obstacles and Closing Thoughts

Transcript

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