The No-Excuses Guide to Wealth Creation: Episode 772 With The Real Brad Lea (TRBL)
Dec 16, 2024
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In this engaging conversation, Ashot and Vaz Avakya, Armenian-born brothers, share their inspiring journey from immigrants to multi-million dollar entrepreneurs. They delve into wealth creation strategies, emphasizing real estate as a powerful tool. The duo discusses their unique experiences navigating both cultural challenges and business partnerships. With humor and actionable advice, they outline how delayed gratification and persistence can lead to financial freedom, all while reflecting on their love for luxury cars and the joy of success.
The Avakian brothers' journey illustrates the power of persistence and resourcefulness in achieving the American Dream as immigrants.
They advocate for investing in multi-family properties over single-family homes to maximize returns and minimize risk in real estate.
Emphasizing delayed gratification, the brothers highlight the importance of long-term investments and disciplined savings for sustainable wealth creation.
Deep dives
Immigrant Journey and Entrepreneurship
The Avakian brothers, immigrants from Armenia, share their journey of moving to the United States in search of the American Dream. Arriving as teenagers in a post-September 11 world, they experienced the struggles of adapting to a new culture and language while holding onto their Armenian heritage. From a young age, they exhibited entrepreneurial spirit, selling sodas at the beach and converting VHS tapes to DVDs, demonstrating their knack for identifying business opportunities. Their experiences shaped their perspective on the American Dream, which they now view as a less attainable ideal compared to when they first arrived.
Real Estate as a Path to Success
Real estate became a pivotal focus for the Avakian brothers as they sought financial independence and wealth generation. They emphasize the advantages of investing in multi-family residential properties rather than single-family homes, as multi-units yield higher returns and mitigate risks associated with vacancies. Their firsthand experiences of purchasing undervalued properties and boosting their value through renovations serve as a testament to their success in the real estate market. They believe that with the right mindset and techniques, anyone can replicate their journey and achieve financial freedom.
The Importance of Delayed Gratification
The Avakian brothers advocate for the often overlooked concept of delayed gratification when it comes to achieving financial success. Instead of chasing immediate rewards, they stress the importance of making smart investments and being patient with growth. They share insights on how investment returns compound over time, illustrating that wealth accumulation is a long-term process that requires discipline and commitment. This mindset, they argue, empowers individuals to break free from the consumerism that often hinders financial progress.
Cultural Perspectives on Opportunity
The brothers discuss how their immigrant perspective influences their view of opportunities in America. They liken the drive and determination of immigrants to a unique recognition of the potential for success that is often taken for granted by those born in the U.S. They argue that experiencing hardship in their homeland compelled them to embrace the available opportunities in the United States, which has led to their entrepreneurial achievements. This distinctive viewpoint underscores the importance of gratitude and recognizing the chances that America provides.
Building a Legacy Through Real Estate
In their journey, the Avakian brothers aspire to help others navigate the complexities of real estate investments and entrepreneurship. They emphasize the value of imparting their knowledge to empower individuals regardless of their background and experiences. By sharing their insights through social media, YouTube, and books, they aim to offer a roadmap from zero to success in real estate. Their commitment to education and mentorship reflects their desire to build a legacy rooted in helping others achieve the American Dream.
Welcome back! It’s me, your host Brad Lea. In this electrifying episode of Dropping Bombs, I sat down with Ashot & Vaz Avakya, Armenian-born brothers who embody the grit, hustle, and ingenuity of the American Dream. From arriving in the U.S. as teenagers with zero English to building a multi-million dollar portfolio of businesses and real estate, these brothers prove that excuses are for the weak.
Their story is packed with humor, lessons, and actionable advice for anyone looking to escape the rat race and create lasting wealth. Whether you're an immigrant or born on American soil, the Avakya brothers break down how anyone can achieve financial freedom through persistence, strategic investments, and a mindset of delayed gratification.
Ready to stop dreaming and start building your empire? Head to the New American Dream YouTube channel, grab the free blueprint, and connect with the Avakya brothers for insights that will change your financial future.
**Follow Brad Lea TV for more game-changing insights and future episodes of Dropping Bombs. Till next time, keep hustling and stay real!
What You'll Learn: The five income streams in real estate and how to turn $9,000 into a thriving portfolio.