Interview with Jack Pratt
In this interview, recorded exclusively for the Wealth Creators Network, lifelong entrepreneur Jack Pratt reveals the decisions that took him from selling puppies on street corners to launching billion dollar retail and hotel enterprises, including The Sands Hotel and Casino in Las Vegas.
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In this video you will hear...
0.30 - Jack's background from selling puppies to building hotels and casinos.
4.05 - How and why he made decisions to start and sell his various businesses.
5.45 - How he got his entrepreneurial spirit.
7.00 - Why he started a dry cleaning business...hint, there was a need.
9.27 - Why he always had more than one business at the same time and how that helped him get into the hotel business.
12.50 - Scaling the hotel business into Mexico and how finding local partners was critical.
16.55 - The beginning of TGIF and how he started the franchise.
22.35 - Why he decided to sell TGIFs.
24.35 - Why he transitioned from hotels to casinos.
27.26 - What made the transition into casinos go so smoothly.
32.27 - Why having partners for his businesses helped them grow quickly.
36.20 - What business he had that was mostly recession proof.
39.20 - Why franchises are a good bet for starting a new business.
42.30 - His formula for deciding a business was worth continuing with.
46.45 - Why he never had a problem raising capital for his businesses.
50.25 - The best advice he would give to a young entrepreneur.
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0.30 - Jack's background from selling puppies to building hotels and casinos.
4.05 - How and why he made decisions to start and sell his various businesses.
5.45 - How he got his entrepreneurial spirit.
7.00 - Why he started a dry cleaning business...hint, there was a need.
9.27 - Why he always had more than one business at the same time and how that helped him get into the hotel business.
12.50 - Scaling the hotel business into Mexico and how finding local partners was critical.
16.55 - The beginning of TGIF and how he started the franchise.
22.35 - Why he decided to sell TGIFs.
24.35 - Why he transitioned from hotels to casinos.
27.26 - What made the transition into casinos go so smoothly.
32.27 - Why having partners for his businesses helped them grow quickly.
36.20 - What business he had that was mostly recession proof.
39.20 - Why franchises are a good bet for starting a new business.
42.30 - His formula for deciding a business was worth continuing with.
46.45 - Why he never had a problem raising capital for his businesses.
50.25 - The best advice he would give to a young entrepreneur.
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