Ep192 The Layoff He Prayed For: George Powell Jr., Founder and CEO of Exponential Equity Group

George Powell hated his name until he looked it up. It means "farmer," and today he's planting affordable housing across Indiana.

In this episode of Default Profitable, host Matt Nettleton talks with George Powell Jr., founder and CEO of Exponential Equity Group. It's a faith-driven Indianapolis real estate development firm that builds affordable housing alongside churches, nonprofits, CDCs and grassroots groups that have land and a vision but lack the capital or capacity to develop it.

In this episode:🏝️ Years at RCI in the vacation industry, and sensing a shift was coming🏠 How his dad planted real estate in him early📉 Founding the company in 2020 to fix a family portfolio in distress, and what happened when Dad wasn't ready for the fix🧭 Asking "What lane am I supposed to be in?" and finding the answer through mentors in community development🏗️ Growing from single-family investments to an affordable housing project in Anderson to multifamily🙏 The building where he took lunch walks and dreamed up the company is now being torn down

🔗 Learn more about George Powell Jr. and Exponential Equity Group:https://www.exponentialequitygroup.com/

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