How A Marine Corps Reservist Operates Million Dollar Businesses with Dustin Baldwin. | From Military to Millionaire Podcast

Episode: 163
Join your host David Pere and Alex Felice in this episode with guest Dustin Baldwin as they discuss how Dustin juggles it all as an entrepreneur, real estate investor, and a marine corps reserve.
When Dustin once transitioned to a corporate setting, he found himself in a cycle he didn't anticipate. Every day, it was nothing but Excel Sheets, paranoia, corporate drama, and all that's also common to military bureaucracy. The only difference this time? It's boring beyond belief.
In this episode, Dustin talks about how he started his premium smoked cocktail kit company, how his prison transportation services business taught him how to 'never forget the journey,' as well as how lucrative a room-by-rent unit can possibly get with the right approach.
About Dustin Baldwin:
Together with a friend from the US Marine Corps, Dustin shared a love for bourbon, craft beer, and German Shepherds. After following similar paths obtaining their MBAs and a shared entrepreneurial drive, the two decided they wanted to start a business together. Dustin brought the idea of starting a company aimed at veterans and Old Fashioned drinkers to benefit wounded combat veterans with the sale of their products, cocktail smokers, and woods fuels. The name was thus born: "Smoked Fashion Co."
Over the next couple of months, Dustin and his partner did a lot of brainstorming, built prototypes, and completed experiments. They found that the wood fuels they created enhanced the flavor of all drinks, including cocktails, red wines, and dark beers.
The Smoked Fashion Co. vision was then formed. They would then become a company that features the best bartenders' smoked drink recipes and provide premium tools to make the best-smoked cocktails ever indulged.
Outline of the episode:
[03:53] Dustin Baldwin – on being born an adrenaline junkie
[07:58] Corporate is a lot like the military but more boring
[11:51] Don't forget the journey; the journey makes you!
[20:24] Reinventing the Foghat and donating the profits
[26:34] About Smoked Fashioned Co's Premium Smoked Cocktail Kits
[31:36] Dustin Baldwin – on how scalable and pain in the ass room-by-rents can be
[35:41] Always have a Plan 'B' when getting into short-term rentals
[42:28] An interesting pitfall for Airbnbs
[46:43] The downside with the DSCR loan
[55:25] Alex Felice – the unknown inherently is risk…
 
Resources:
Website:              link
FB Page:               link
 
Follow The Military Millionaire Podcast's journey on:
Website:              link
YouTube:             link
Facebook:           link
Instagram:          link
 
Become A War Room Mastermind Group Member:
link
 
Grab your book copy of The No B.S. Guide to Military Life - How to Build Wealth, Get Promoted, and Achieve Greatness, Book by David Pere:
link
 
From Zero to One: Real Estate Investing for Beginners:
link
 
Grab hold of your 2-Week FREE Trial of Propstream Now:
link
 
Sponsor: Apply for the War Room Mastermind: link
-
Real Estate Investing Course: link
Recommended books and tools: link
Become an investor: link
-
SUBSCRIBE: link
-
Website: link
Instagram: link