Ep 194 - How to Work with Your Spouse with Jay and Wendy Papasan
Short Term Rental Secrets Podcast
Intro
This chapter explores the transformative journey of a couple who left traditional careers to embark on a successful real estate venture together. They share their experiences of relocating, igniting their entrepreneurial spirit, and the significance of aligning their financial goals as partners.
Jay and Wendy Papasan discuss their journey from humble beginnings to building a successful real estate empire. They discuss the power of aligning with your significant other through goal setting and the importance of having a 'big why' to drive you forward. The Papasan's share insights from their experience with Keller Williams, investing in rental properties, and the critical role of persistence and proper goal management in achieving financial independence. The episode also touches on their upcoming Couples Goal Setting Retreat, which has helped countless couples align their goals and values for greater success.
00:00 Introduction and Importance of Sacrifices
00:11 Meet the Hosts: Mike and Emanuel
00:35 The Concept of Short Term Rentals
00:44 Live from Boston: Special Episode
00:57 Guest Introduction: Wendy and Jay Papasan
01:53 Jay's Journey with Keller Williams
03:34 First Steps into Real Estate Investing
04:54 Building Wealth and Overcoming Scarcity Mentality
12:16 The Importance of Financial Education
18:44 The Power of Consistent Effort
19:26 Understanding the Journey to Success
21:31 The Importance of Focus in Entrepreneurship
22:21 Building Wealth Through Long-Term Investments
23:44 Navigating Speculation vs. Investment
27:47 Setting Goals as a Couple
33:46 Secrets to Success and Final Thoughts
Jay and Wendy's Bio
Jay Papasan is a bestselling author who serves as the Vice President of Strategic Content for Keller Williams Realty International, the world’s largest real estate company. He also cofounded KellerINK and Produktive with Gary Keller, and is a principal owner, with his wife Wendy, of Papasan Properties Group in Austin, Texas. Jay was born and raised in Memphis, TN. After attending the University of Memphis, he spent several years working in Paris. He later graduated from New York University’s graduate writing program and began a publishing career that led him to HarperCollins Publishers. There, he helped piece together bestselling books such as Body-for-Life by Bill Phillips and Go for the Goal by Mia Hamm. After moving to Austin, Jay joined Keller Williams Realty International, and in 2003 he co-authored The Millionaire Real Estate Agent, a million-copy bestseller, alongside Gary Keller and Dave Jenks. He also co-authored the bestsellers The Millionaire Real Estate Investor and SHIFT. His most recent work with Gary Keller on The ONE Thing has sold nearly 2.5 million copies and has been translated into 41 different languages worldwide. Last year, Papasan Properties ranked #21 for teams out of 120,000 Realtors in Texas by Real Trends. In addition to her real estate business, Wendy is the co-founder and Chairman of the Board for Her Best Life, a million-dollar startup that helps women build big businesses and even bigger lives. Wendy is married to Jay Papasan, an international speaker, the #1 best-selling real estate author, and the vice president of Keller Williams Int'l. They are the proud parents of two teenagers and a dog named Taco. Visit wendyis.fun for more information.
Connect with Jay and Wendy
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin
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