014 - Anthony Vicino | From $80k in Debt to Millionaire in 3 Years
Apr 10, 2023
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Anthony Vicino, Founding Partner at Invictus Capital, discusses his journey from $80k in debt to millionaire in 3 years. Topics include van life, starting a business with no experience, investing in real estate while in debt, and the difference between money and status.
The importance of taking action and creating, shifting from consuming content to actively producing and finding fulfillment in one's own creations.
Prioritizing personal development as a non-negotiable part of life, focusing on discipline, consistent action, and overcoming limiting beliefs.
Letting go of ego, prioritizing wealth over status, cutting expenses ruthlessly to free up resources for investment, and making deliberate financial choices.
Deep dives
Transforming Through Action and Creation
The speaker shares their personal journey of transformation, emphasizing the importance of taking action and creating. They note the shift from consuming content to actively producing and finding fulfillment in their own creations. They highlight the significance of focusing on personal development, honing discipline, and building self-awareness. The speaker also discusses the power of letting go of ego, prioritizing wealth over status, and cutting expenses to pave the way for financial growth. They share their experience of starting a business, investing in real estate, and the importance of seizing opportunities and taking risks. The speaker concludes by urging listeners to start taking action and showing up consistently on their own journeys of transformation.
Treating Personal Development as the Top Priority
The speaker recounts their journey of prioritizing personal development and making it a non-negotiable part of their life. They emphasize the value of developing discipline, focusing on consistent action rather than intensity, and continually moving towards growth. The speaker discusses the importance of cutting out distractions and replacing them with productive activities, such as learning new skills or creating content. They highlight the significance of nurturing relationships, showing up for others, and being vulnerable to foster deeper connections. The speaker also encourages listeners to overcome limiting beliefs and embrace humility as they navigate their personal development journey.
Parking the Ego and Cutting Expenses
The speaker shares their experience of letting go of ego and prioritizing wealth over status. They discuss the importance of separating the status game from the wealth game and choosing to focus on financial growth. The speaker emphasizes the need to park ego and ego-driven status games, and the necessity of cutting expenses ruthlessly to free up resources for investment. They stress the importance of making intentional financial choices, pursuing opportunities, and being resilient in the face of challenges and rejection. The speaker urges listeners to understand the difference between the status game and the wealth game and make deliberate choices that align with their financial goals.
Building a Business and Investing in Real Estate
The speaker shares their journey of starting a business and investing in real estate. They highlight the role of taking calculated risks, being open to opportunities, and leveraging their unique skills and interests. They discuss the business model they pursued, including house hacking and utilizing government programs for real estate investment. The speaker emphasizes the importance of persistence, learning from failures, and continuously building on achievements. They share their experience of scaling their real estate investments and transitioning to larger projects, highlighting the power of compounding actions and seizing moments for growth.
Investing Everything for Financial Growth
The speaker discusses the transformative impact of investing everything towards financial growth. They share their success with real estate investments and the strategy of leveraging assets for further expansion. They emphasize the idea of starting small and scaling up over time through strategic decision-making. The speaker encourages listeners to adopt a long-term mindset, persist through challenges, and prioritize wealth-building over status. They stress that anyone can achieve financial success by taking consistent and intentional steps towards their goals, regardless of external circumstances or timing.
Anthony Vicino is a Founding Partner at Invictus Captial, a firm that helps people invest in commercial real estate.
He also has one of the best self-improvement channels out there. He helps people become less distracted, learn skills faster, and earn more money. What more can you ask for?
As of this recording, his channel has 127k subscribers.
Anthony and I cover: how his van went from a utopia to a prison, how he went from $80k in debt to a millionaire in just three years, the difference between money and status, how Anthony started his first business with zero entrepreneurial experience, how he began investing in real estate while he was in debt, and I talk about the lowest point of my life.
