The book discusses the benefits of prioritizing a single task and provides strategies for overcoming distractions, building productive habits, and maintaining focus. It challenges common productivity myths such as multitasking and the idea of a balanced life, and introduces the 'Focusing Question': 'What's the ONE Thing I can do such that by doing it everything else will be easier or unnecessary?' The authors also discuss time blocking, habit-building, and aligning short-term actions with long-term goals to achieve success in various aspects of life[1][3][5].
The Millionaire Real Estate Investor offers practical strategies and insights from over 100 millionaire investors, focusing on key principles like net worth, financial models, and the importance of mindset in achieving financial success through real estate. It provides a structured approach to identifying investment opportunities, managing finances, and building a network of professionals.
The book tells the story of Robert Kiyosaki's two fathers: his 'poor dad,' a highly educated but fiscally poor man, and his 'rich dad,' the father of his best friend who was a successful entrepreneur. It emphasizes the importance of financial education, distinguishing between assets and liabilities, and building wealth through investing in assets such as real estate and businesses. Kiyosaki argues that a good education and a secure job are not guarantees for financial success and provides practical lessons on how to make money work for you rather than working for money[1][3][5].
In 'The War of Art', Steven Pressfield identifies the internal force of 'Resistance' that hinders creative endeavors. The book is divided into three sections: 'Resistance: Defining the Enemy', 'Combating Resistance: Turning Pro', and a final section that discusses the role of the muses and the battle between the Self and the Ego. Pressfield provides practical advice on recognizing and overcoming resistance, emphasizing the importance of professionalism, discipline, and continuous work in achieving creative success.
In 'Rich Dad's Cashflow Quadrant,' Robert T. Kiyosaki explains the four types of people when it comes to money: Employees (E), Self-employed (S), Business owners (B), and Investors (I). The book emphasizes that financial freedom is more likely achieved by moving from the left side of the quadrant (E and S) to the right side (B and I), where money works for you rather than the other way around. Kiyosaki argues that traditional education often fails to teach financial literacy, leading many to work hard for money instead of making money work for them. The book provides insights into the skills and mindsets required to succeed in the B and I quadrants, which are key to achieving true financial freedom.
Today’s show is centered around a big question we get ALL the time...
“How do I get my spouse/partner on board with my real estate investing goals?”
It’s the perfect time of year to think through exactly how to do that, and we have the perfect guests to offer some advice.
Jay and Wendy Papasan run an annual couples’ goal-setting retreat in Austin, Texas. Today, they walk us through the exercises they use to help couples (and business partners) confront uncomfortable questions and get on the same page.
Oh, and if you don’t know who Jay is, check out BiggerPockets Podcast 113: Becoming a Millionaire Real Estate Investor Using The ONE Thing with Jay Papasan and BiggerPockets Business Podcast 06: How to Manage Your Time Like a Millionaire with Jay Papasan.
Jay's wife, Wendy, is a real estate broker who leads a high-performing team that’s expanded into four cities.
In this episode, you’ll learn how to initiate a goal-setting conversation with your partner, what kinds of settings work best for this exercise, what questions to ask, and which timelines to use.
Also, stick around through the end to hear Wendy’s tips on using leverage and a “not to-do list” to apply your time and energy more efficiently and be happier.
This is a profound episode with two real estate rockstars. If you enjoy it, do us a favor and share it with YOUR spouse or partner… or pass it onto a couple who you think might benefit.
Download this one today, and make sure you’re subscribed to the show, so you won’t miss the next one!
In This Episode We Cover:
- How Wendy and Jay started setting goals together 13 years ago
- Applying the idea of a “leadership retreat” to your family
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What settings work best for goal-setting with your spouse or partner
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Navigating a relationship where one partner is an entrepreneur
- Their answer to, “How do I get my spouse on board with real estate investing?”
- Why most failures of leadership are failures of courage (Keith Cunningham)
- How having tough conversations about goals can head off misunderstandings
- How Brandon’s navigated balancing business with family
- Why Gary Keller calls tough conversations “care-frontations”
- Which time horizons are most useful when setting goals
- Using the language of business in your marriage
- Putting your marriage first, even when you have kids
- Moving at the speed of communication
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Delegating draining tasks to help you keep more energy for yourself and your family
- And SO much more!
Links from the Show
Check the full show notes here: http://biggerpockets.com/show362
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BiggerPockets Real Estate Podcast 
