285) Julian Mithoff - From Grief to Freedom Through Property & Whiskey Investing
Dec 15, 2024
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Julian Mithoff, an independent bottler and co-founder of Glaschu Spirits, shares his poignant journey from grief to growth. He discusses how the loss of his father catalyzed a shift towards property investing and building a values-aligned lifestyle. Julian also dives into the realities of whiskey investing, including pitfalls to avoid, and reflects on the holistic benefits of wellness routines developed through personal challenges. His insights on intentional dating and navigating parenthood add depth to a conversation filled with resilience and inspiration.
Julian’s journey from grief led him to reevaluate his life choices, ultimately motivating a transformative shift towards property investment and entrepreneurship.
His experiences with initial failures in property investing underlined the significance of education and networking for achieving financial independence.
Julian’s dedication to building a whiskey brand reflects his passion for quality while aiming to create a supportive, values-driven work culture.
Deep dives
Resilience Through Loss
The speaker shares how the sudden loss of his father in 2019 became a pivotal moment in his life. This tragedy profoundly changed his perspective and prompted deep reflection on his personal and professional path. He describes feeling trapped in a comfortable but unfulfilling job and relationship, filled with a sense of dread and anxiety. Recognizing the need for change, he took action in 2020, likening this transformative experience to seizing a fleeting opportunity on a slowing train.
Navigating Career Shifts
Initially aspiring to be a pilot, the speaker shifted to engineering after failing a medical exam. This transition ultimately led him to the property investment sector after participating in a online property course during lockdown. The education he received played an essential role in building his confidence and knowledge base, allowing him to successfully navigate the complexities of property investing. He shares that this became a crucial stepping stone, enabling him to eventually pursue his passion for whiskey and starting his own business.
Building a Property Portfolio
The speaker discusses his foray into property investing, starting with significant challenges from his first two purchases. One property required extensive repairs and turned into a hefty financial burden. Through perseverance and lessons learned from early mistakes, he began to refine his investment strategy, focusing on adding value through property refurbishments. He emphasizes the importance of education and networking in the property space, which helped him grow his portfolio and achieve a level of financial independence.
The Whiskey Business Journey
The speaker, alongside his business partner, launched a whiskey brand called Damn Good Drams, focusing on independent bottling. They sought to create unique offerings in a competitive market where many brands often sell ordinary products at high prices. By leveraging their knowledge and passion for whiskey, they crafted a model that combined quality products with investment opportunities for customers. This innovative approach set them apart and allowed for a burgeoning business that reflects their dedication to quality and community.
The Pursuit of Balance and Family
Looking to the future, the speaker expresses a keen desire to start a family and maintain a balanced lifestyle. He emphasizes the importance of being intentional in his dating life to find a partner aligned with his family aspirations. Additionally, he aims to grow both his whiskey and property businesses, aspiring to eventually provide for staff and create a collaborative work environment. The speaker encapsulates his journey as a continuous pursuit of self-improvement, grounding his goals in the core values of family, health, and passion.
Julian is an Independent Bottler and Whiskey Cask Specialist, the co founder of Glaschu Spirits and DamGoodDrams.
Expect to learn how Julian responded to the untimely loss of his father, why property investing changed his life, how to build a lifestyle which is in line with your values, the realities of whiskey investing and the biggest mistakes to avoid, why Julian started dating intentionally and much more.
I loved this conversation with Julian and know you will too. His description of his golden path is something that’s stayed with me since recording this episode in late November.
If you’re enjoying listening, please give me an early Christmas present and share it with a friend or family member who would also enjoy it.