Financial Freedom and Overcoming Fear with Mandy McAllister | Small Steps Big Wins Podcast #86

Overcoming Fear, Breaking Free from W2, and Thriving in Multifamily Real Estate Investing: A Conversation with Mandy McAllister

 

As a multifamily investor and former medical device rep, Mandy McAllister shares her entrepreneurial journey and the significant lifestyle shifts it entailed. From her initial acquisition of a fourplex to building a large real estate portfolio, Mandy explains the calculated risks she took and the strategies she used to gain financial freedom and live a fulfilling life. She talks about her fear that she would be homeless and penniless, the mindset shifts she made to overcome it, and how her experiences with Stoic philosophy helped her through these major transitions. She discusses how overcoming perfection and embracing bravery propelled her success and how she grew her real estate muscle by reverse engineering the problems she faced. Mandy also touches on GoBundance Women and how this community of like-minded women entrepreneurs has impacted her journey, her tips on dealing with fear, and the idea of leaping forward despite uncertainties and fears.

00:00 Introduction and Guest Presentation

00:22 The Journey to Multifamily Investment

01:30 The Power of Small Steps and Reverse Engineering

02:52 The Importance of Prioritizing Tasks

03:43 Understanding the Dynamics of Daily Tasks

04:50 The Transition to Multifamily Investment

05:56 The First Leap into Multifamily Investment

07:26 The Benefits of Multifamily Investment

10:08 The Challenges and Ease of Growing Real Estate Portfolio

12:35 The Worst Case Scenario in Multifamily Investment

13:04 The Strategy for Multifamily Investment

16:37 The Concept of Financial Freedom

18:10 The Power of Positive Energy and Faith

18:50 The Journey to Success: Embracing the Unexpected

19:15 The Reality of Achieving Goals: It's Not an Instant Process

19:39 Understanding Your 'Why' in Life

20:10 Overcoming Fear and Embracing Change

22:36 The Importance of Being Brave, Not Perfect

24:16 The Power of Facing Your Fears

25:15 The Journey of Entrepreneurship: Learning from Failures

25:38 The Role of Fear in Perfectionism and Overcoming It

27:55 The Impact of GoBundance Women and Future Plans

31:20 The Fluidity of Life and Embracing Change

33:50 Taking Small Steps Towards Big Changes

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And remember, life doesn’t get better by chance, it gets better by choice. Have an awesome day, friends!