God Doesn't Give You Patience. He Gives You Problems
You don't get handed patience. You get handed situations that require it.
You don't get handed patience. You get handed situations that require it.
Whether the problem is too much ego or not enough confidence, the fix might be the same: stop focusing inward.
A simple framework for anyone building something: expect to pay 10% of your target income as the price of admission.
@zackmetcalf_ on the $25,000 deal they walked away from: he'd spend it again.
@zackmetcalf_ spent time in a network where 90% of the people were on their third or fourth marriage and barely present with their kids. It made him reconsider what he was actually chasing.
Bought a million dollars of Bitcoin in January, then watched it drop 30%.
@robbeardsley3 with a counterintuitive take, owning multifamily in a heavily regulated coastal market like California might actually be the dream.
@robbeardsley3 raised $25M to acquire a $65 million asset in Copperfield, their preferred submarket in Houston.
@robbeardsley3 on due diligence, the best deal you ever do is the one you walk away from.
@robbeardsley3 on portfolio quality, a clean deal in a good location with stable tenants takes up about 10% of your team's time compared to an old property in a rough area with constant maintenance, crime, and evictions.
@brianluebben on multifamily, it was sold for years as a passive income vehicle that could replace your W-2.
@robbeardsley3 on the difference between delegation and abdication.
Good advice for anyone approaching their first commercial deal: don't go in trying to get rich. Go in trying to learn.
@robbeardsley3 first real deal was a 261 unit class C multifamily property in Houston. 1980s vintage, no washer dryers in the units, and every problem you'd expect from a suburban value-add.
The biggest risk in your 20s is taking no risk at all. Limited downside, nothing to lose, but most people still wait.
@robbeardsley3 dropped out of college at 21, started an LLC, and set out to build an institutional multifamily portfolio.
The appeal of a franchise is that the business comes pre-built. Proven model, set SOPs, everything mapped out before you walk in the door.
Zach Bishkin on balancing business and family: the 4 to 7 witching hour is non-negotiable. Be with your kids, be with your wife, put them down, then get back to work.
@sam.gaudet used to have the same fears about being on camera. Didn't like how he looked, didn't want to be seen.
@sam.gaudet on what to tell a 16 year old who wants to start a business: don't overcomplicate it. Go sell something to someone. Then follow up on what happened.
@sam.gaudet take on getting access to high-level people is probably not what you'd expect. Don't offer to add value. Don't pitch yourself. Just ask a simple question, take action on the answer, and circle back with the result.
@sam.gaudet had a white Porsche GT4 on his lock screen for four years while building Dan Martell's company. Dan knew it was the only car he'd wanted since he was 16.
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