Real Estate Investing with Coach Carson
#331: David Greene was laughed at for doing this - until he became a Millionaire
Feb 19, 2024
Learn from David Greene's journey from restaurant gigs to real estate millions and his 3 Pillars of Building Wealth. Discover strategies for wealth-building, compare wealth to fitness, and explore personal motivation and skill development. Dive into real estate investing skills, financial offense and defense strategies, risk management, and long-term investing insights. Gain valuable advice on resilience, cash reserves, and continuous improvement for success in real estate.
54:11
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Quick takeaways
- Wealth building requires focusing on defense (saving), offense (acquiring money-making skills), and investing (strategically utilizing assets).
- Personal connection to investments enhances accountability and engagement, leading to prudent investment decisions.
Deep dives
Building Wealth Through Defense, Offense, and Investing
To build wealth effectively, individuals need to focus on three key pillars: defense, offense, and investing. Defense involves saving money and practicing self-control with finances, emphasizing the importance of budgeting and delayed gratification. On the other hand, offense emphasizes acquiring the necessary skills to make money, highlighting the value of bringing skills to the marketplace and honing expertise. Lastly, investing focuses on strategically utilizing capital and assets, with an emphasis on understanding the market dynamics to make informed investment decisions.
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