The Importance of Relationship Building and Cold Calling

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Patrick: I have three kids now and I'm thinking like should I send them to college. If they want to go to medical school or something like that that very clearly requires a certain path no problem but I think 80% of the careers out there don't require college. Patrick: The way to get your first job is not your GPA or where you went to school it's cold-calling people in the area cold emailing.

Patrick Donley chats with Aleksey Chernobelskiy about his transition from the corporate real estate world to going out on his own as an investor and advisor. Aleksey also talks about why a Sam Altman blog post on how to be successful deeply impacted him, what it was like immigrating to the U.S., the importance of 1% improvements in any area of life, how to network successfully, what it was like managing thousands of properties during the pandemic, and much more.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

03:02 - What his struggles were like for him after moving to the U.S. from Russia.

09:26 - Why he chose to get four degrees in undergrad.

10:28 - Why he chose to focus on his strengths rather than his weaknesses?

16:40 - What it was like managing 2500 properties during the pandemic.

18:45 - How he thinks of higher education and why many careers don’t require college today.

18:45 - Why he stresses the importance of relationship-building and networking.

20:56 - Ideas on how to network successfully.

24:46 - Why it’s important to understand the power of compounding.

31:35 - How a Sam Altman blog post made a huge impact on him.

33:31 - Why his two years in Israel was profoundly life-changing.

33:31 - What it was like working at publicly traded REIT, Store Capital.

36:48 - Understanding what a sale leaseback is.

48:58 - What his best advice is for someone moving into the world of entrepreneurship?

53:11 - How he is splitting his time now that he has left the corporate world.

53:11 - Why he thinks office space may be an asset class worth looking at further.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
The Everything Guide to House Hacking by Robert Leonard.
Sam Altman blog post.
Deep Work by Cal Newport.
Never Split the Difference by Chris Voss.

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