Manage episode 522264712 series 3677484
In this episode, Tim talks with Ali Boolani, an entrepreneur and first-generation immigrant whose path from hustling floppy disks in middle school to buying a struggling campground is packed with lessons on persistence, failure, and reinvention.
Ali shares how losing his first business forced him to rethink his approach, why listening to customers matters more than chasing the "next big idea," and how he turned around a mismanaged campground by fixing pricing, modernizing bookings, and focusing on the customer experience. He also opens up about the abundance mindset that guides his acquisitions today.
Tim is an entrepreneur who believes everyone should explore the opportunities that business and real estate can provide on the path to financial freedom. He owns and operates a wine & liquor store, a software startup, a consulting company, and a growing portfolio of commercial and residential real estate.
Tim's passion for independent business has led him to support dozens of other business owners. For over a decade, he has worked with businesses on strategy, processes, finances, and marketing. These experiences, along with analyzing dozens of other businesses for potential acquisition, have provided Tim with an immense knowledge base to pull from.
Tim has appeared on multiple top-tier podcasts in the financial space, such as Bigger Pockets Money and The Freedom Chasers Podcast.
[00:00 – 12:30] Ali's Unusual Background Ali shares his journey as an academic and entrepreneur. From laundromats to salons to tech companies — finding mismanaged opportunities.
[12:31 – 23:59] Lessons from Failure Why his first ventures didn't work out. The importance of talking to customers before scaling ideas.
[24:00 – 39:47] The Campground Opportunity Discovering a poorly run RV park in New York State. Issues with outdated operations: missed calls, bad website, mispriced cabins. Why Ali saw it as the perfect acquisition.
[39:48 – 53:21] Turning Things Around Implementing modern booking systems, fixing pricing, adding amenities. Examples of occupancy improving once small changes were made.
[53:22 – End] Abundance Mindset & Takeaways Ali explains how abundance mindset drives his acquisitions. Tim reflects on the importance of building partnerships and long-term wins.
Guest Bio Ali Boolani is a first-generation immigrant, entrepreneur, and small business acquirer. From hustling as a teen in subsidized housing to buying and turning around a struggling campground, Ali's journey highlights the grit, lessons, and mindset needed to succeed in business buying. He's passionate about solving real operational problems and building businesses that create lasting impact.
If you found value in today's show, make sure to subscribe so you never miss an episode packed with insights to help you buy and grow a business that creates real financial freedom.
Connect with Ali Boolani:
Website: backbaycampground.com
Connect with Tim and the community on social media for more tips and updates:
Website: https://www.powerofbiz.com
YouTube: https://www.youtube.com/@powerofbiz
Instagram: https://www.instagram.com/timtdelaney/
Threads: https://www.threads.com/@timtdelaney
LinkedIn: https://www.linkedin.com/in/timothytdelaney/
Facebook: https://www.facebook.com/timtdelaney
Tweetable Quotes:"The biggest lessons are the ones that you learn from failure." – Ali Boolani
"Instead of hitting singles, I was trying to hit a home run without ever having talked to the customer." – Ali Boolani
"If you are your own customer, you'll see the pain points others don't." – Ali Boolani
"An abundance mindset opens doors that the numbers never will." – Tim Delaney
24 episodes