BiggerPockets Real Estate Podcast

617: Why Every Great Investor Should Ask, “What Pisses Me Off?” w/Rich Fettke

Jun 2, 2022
Rich Fettke, co-founder of Real Wealth and author of 'The Wise Investor,' shares his journey from accidental real estate investor to successful leader. He discusses how new investors can break free from common traps by building scalable teams. Rich emphasizes the importance of self-reflection, stating that asking 'what pisses me off?' helps clarify values and drive growth. He also highlights effective hiring and delegation strategies in scaling a real estate business while nurturing a positive team culture. With over two decades of experience, he inspires listeners to transform challenges into opportunities.
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ADVICE

Confront Your Inner Gremlin

  • Identify your inner "gremlin", the voice that discourages you.
  • Confront it by asking what it's trying to protect you from, turning challenges into opportunities.
INSIGHT

Values from Frustrations

  • Core values are intrinsic and evolve, often reflecting what angers us.
  • Identifying these frustrations can reveal underlying values, like honesty arising from a dislike of dishonesty.
ANECDOTE

COVID-19 and Polarization

  • Rich Fettke recounts how COVID-19 and social media amplified polarization and the tendency to focus on one side of an issue.
  • He advocates for curiosity and pausing before reacting to stimuli, inspired by Victor Frankl's philosophy.
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