Real estate investor Cody Sperber shares his journey from setbacks to success, emphasizing the importance of stacking little wins along the way. He discusses the power of proximity and leverage, as well as the potential for financial gain in the current digital economy. Learn about the 100 Million Academy and the importance of evaluating finances and surrounding yourself with successful individuals.
Read more
AI Summary
AI Chapters
Episode notes
auto_awesome
Podcast summary created with Snipd AI
Quick takeaways
Success comes from continuous growth and improvement through consistent small victories.
Setbacks can be stepping stones to success if entrepreneurs have the courage, commitment, and passion to keep going.
Deep dives
Importance of Stacking Little Wins
The podcast episode emphasizes that success is not about one big win, but rather about stacking little wins along the way. It highlights the significance of developing core skills and capabilities throughout the entrepreneurial journey. The speaker mentions the example of starting a podcast and the various skills required, such as graphic design, talking concisely, sales, and business skills. The key takeaway is that success comes from continuous growth and improvement through consistent small victories.
Overcoming Setbacks and Adversity
The podcast discusses the idea that it is possible to achieve financial success even after completely messing up. The speaker shares personal stories and mentions the 2008 real estate crash, where opportunities for massive wealth were born out of adversity. It encourages entrepreneurs to view setbacks as learning experiences and opportunities for growth. The key message is that setbacks can be stepping stones to success if one has the courage, commitment, and passion to keep going.
The Importance of Financial Education
The podcast tackles the lack of financial education in traditional school systems, emphasizing the need for entrepreneurs to seek knowledge outside of formal education. It suggests that financial intelligence requires effort and that formal education often fails to provide the necessary financial skills. The speaker also mentions the importance of mentors in acquiring financial knowledge and leveraging their expertise. The main idea is to challenge traditional thinking about money and education and seek opportunities to expand financial literacy.
Proximity and Leveraging Mentors
The podcast highlights the power of proximity and the role of mentors in an entrepreneur's journey. It emphasizes the importance of surrounding oneself with successful individuals and leveraging their skills, resources, and time to accelerate personal growth. The speaker shares personal experiences of working with mentors and the positive impact it had on their entrepreneurial endeavors. The key takeaway is that mentors provide invaluable guidance and insight, enabling entrepreneurs to unlock new levels of success.
From the archive: This episode was originally recorded and published in 2021. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL's in these archive episodes are still relevant.
Cody is a real estate investor (completed over 1500 deals), founder of Clever Investor & co-founder of 100 Million Academy (online education platforms for investors and entrepreneurs.) He has 1.2 million Instagram followers.
Top 3 Value Bombs
1. It’s not about one big win. It’s about stacking little wins along the way. It’s developing your core skills and capabilities on your journey.
2. The way you’ll get exposed to a new set of principles is typically through a relationship.
3. Proximity is power. Leverage is power.
The 100 Million Academy - Get Access to 9-Figure Entrepreneurs and Learn how to Recession Proof Yourself. (Sorry! This link was active when this episode was first published in 2020 but is no longer an active offer.)
Sponsors
HubSpot There’s a better way to win, and it all starts with the new HubSpot Sales Hub. It’s smart software for smart sales teams that feels good to use! Try it for yourself at HubSpot.com/sales
Belay Stop wasting time on tedious tasks that are better done by someone else. Delegate with BELAY Download their latest resource, The Power of Productivity, for free. Just text FIRE to 55123
Policygenius Your loved ones deserve a financial safety net. You deserve a smarter way to find and buy it. Visit Policygenius.com to get your free life insurance quotes and see how much you could save
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode