CCoffeez for Closers
← All episodes
27 February 2026

From Wholesaling to 7 Companies

3Frameworks
6Insights

Frameworks in this episode

Insights & moments

The myth-busts, hot takes, explainers, and tools worth keeping.

Hot Take· 1

Hot Take09:30

Justin Colby Would Rather Make an Impact Now Than Chase a Legacy

Justin Colby says legacy is not his driving purpose because nobody gets out of life alive and the time available for experience is short. He wants The Entrepreneur DNA podcast to make a large impact while he is present; if that work lasts after him, he welcomes it as a consequence rather than the primary objective.

  • Colby distinguishes making an impact now from deliberately building a posthumous legacy.
  • He sees presence and lived experience as more important than organizing life around what remains afterward.
  • The Entrepreneur DNA podcast is his main vehicle for creating real-time impact.
  • A lasting legacy can emerge from sufficiently large present impact without becoming the driving force.

So while I am here is more important than my legacy.

Justin Colby · 10:00

I'm here to actually be present in the moment

Justin Colby · 11:00
#legacy#presence#impact#purpose

Explainer· 2

Explainer17:30

Why Colby Saw Real Estate as Both an Income and Wealth Engine

After the 2008 crash, Colby moved from being a realtor to being an investor because he saw a distinctive two-part economic engine in real estate. Flipping properties could produce high current income, while directing some of those proceeds into rentals could accumulate long-term wealth inside the same industry.

  • Colby stopped working as a realtor and entered fix-and-flip investing.
  • He contrasted activities that produce income with assets that accumulate wealth.
  • His model was to make money flipping homes and put some of it into rentals.
  • The same property market could therefore supply both active income and owned assets.

I can make a lot of money flipping homes and I can acquire a lot of these same properties because I'm an investor and I…

Justin Colby · 18:00
#real estate#wealth#flipping#rentals
Explainer33:30

Inside Colby's Goal to Give 100,000 Entrepreneurs Expert Access

Colby's stated business goal is to grow The Entrepreneur DNA community on Skool to 100,000 members without attaching a deadline to the result. The $25-per-month model brings podcast-calibre experts into live teaching sessions two to four times per week, followed by open questions so members can engage directly rather than paying each expert's normal coaching price.

  • The target is 100,000 entrepreneur members.
  • Colby avoids putting a timeframe on the desired result and instead wants to reach it as quickly as he can.
  • Membership costs $25 per month to remain accessible to entrepreneurs in difficult financial circumstances.
  • Experts teach rather than sit for another interview, then open the session for questions.
  • The intended cadence is two to four expert sessions per week.

I want to get my community, the entrepreneur DNA community on school up to a 100,000 entrepreneur members

Justin Colby · 33:30

It will not be an interview. It'll be genuine teaching their expertise and then open Q&A.

Justin Colby · 35:30
#community#education#skool#expert access

Story· 1

Story12:00

How Recycling Bottles Became Justin Colby's First Business

Colby traces his entrepreneurial behaviour to childhood, when he collected neighbours' bottles and cans by bicycle to earn money for baseball cards. He then bought $20 boxes, opened them in front of the shop owner, and wholesaled desirable cards back to the store for roughly $40, recovering his cost and leaving with a profit.

  • As a young child in California, Colby collected refundable bottles and cans from neighbours.
  • He used the recycling proceeds to buy boxes of baseball cards.
  • He immediately sold desirable cards back to the store owner at wholesale prices.
  • A $20 box could return about $40, replacing the purchase cost and leaving another $20.
  • He later added neighbourhood car washing to his childhood hustles.

I've been this way prior to even understanding what I was doing.

Justin Colby · 14:00

I would make $40. So, I replaced the $20 I bought it for plus the 20 and I would leave.

Justin Colby · 14:00
#childhood#entrepreneurship#baseball cards#reselling

Takeaway· 2

Takeaway28:00

Why Reaching the Big Leagues Makes Coaching More Important

Host Joe compares business growth with deadlifting: as the weight rises, small technical flaws become more consequential rather than less. Colby extends the sports analogy, arguing that every new level introduces unfamiliar challenges, which is why elite performers continue to use coaches throughout their careers.

  • Joe's trainer told him technique becomes decisive at heavier deadlift weights.
  • Reaching a higher level is the start of more precise work, not the end of development.
  • Colby notes that major players keep coaches throughout their careers.
  • A coach who understands the new level can guide problems the performer has never encountered before.

Once you get to the really heavy weights, your technique is everything.

Joe · 28:30

That's why, you know, again, use the sports analogy, every major player had coaches through their whole career because to level up, you've never been…

Justin Colby · 29:30
#coaching#technique#performance#business growth
Takeaway36:00

Colby's Family Goal Is Time With His Children and Support for His Wife

Colby says his family priority is to spend as much time as possible with his young children while raising them to understand manners, right, and wrong. He pairs that with a goal of being a loyal and supportive husband, openly describing his wife as the family's glue and the harder worker in a role he could not trade into himself.

  • Colby recognizes that his children's very young years are brief.
  • He wants them to be well taught, well mannered, and able to distinguish right from wrong.
  • He describes supporting his wife as a central family responsibility.
  • He contrasts the business problems he handles with the continuous demands his wife carries while caring for two young children.

I have one priority to spend as much time with these little kids as I possibly can to raise them into the best people.

Justin Colby · 36:00

She's the one that makes it go round. She's the glue. She's the rock.

Justin Colby · 37:00
#family#parenting#marriage#presence