Julie Roy - From humble beginnings to 8 figure exits and creating generational wealth.
Jan 12, 2024
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Julie Roy, an entrepreneur with multiple 8-figure exits and creator of generational wealth, shares her journey from humble beginnings to achieving wealth-building strategies. Topics include defying expectations, investing in triple net assets, challenges of wealth creation in Canada, the path of least resistance and giving back, and different programs for wealth coaching.
Having a strong mindset, being obsessed with success, and taking massive action are crucial for achieving entrepreneurial success and creating generational wealth.
Transitioning from entrepreneurship to real estate investing can provide opportunities for passive income, combating inflation, and wealth creation while also emphasizing the importance of combining mindset, generosity, and giving back.
Deep dives
Building Wealth through Entrepreneurship and Real Estate
Julie Roy shares her personal journey of starting as an entrepreneur, opening a private Montessori school and making various entrepreneurial ventures. She emphasizes the importance of having a strong mindset, being obsessed with success, and taking massive action to achieve your goals. Julie and her husband transitioned into real estate investing by owning their own school locations and eventually selling the real estate to purchase triple net properties, creating 100% passive income. They are now focused on helping others through coaching, teaching, and investing, with a vision to create generational wealth and impact more people.
The Importance of Mindset and Taking Action
Julie highlights the significance of mindset in achieving success as an entrepreneur. She shares the importance of being obsessed with personal growth and having a clear vision of your goals. Julie encourages taking massive action and avoiding analysis paralysis. She stresses the value of learning from mistakes and being resilient in the face of challenges. Julie believes that mindset plays a crucial role in entrepreneurial success and that it should be a top priority for anyone seeking to create wealth and achieve their goals.
Transitioning from Entrepreneurship to Real Estate
Julie discusses her transition from entrepreneurship to real estate investing. She explains how owning her own Montessori school locations sparked her interest in real estate and passive income. Julie shares the process of selling the schools and the associated real estate to a private equity company and using the proceeds to invest in triple net properties. She highlights the benefits of corporate-guaranteed leases, rental increases, and the potential for combating inflation. Julie also mentions how they combine their real estate investments with multifamily properties to mitigate taxes.
Paying It Forward and Creating Impact
Julie and her husband are committed to helping others achieve financial success and create generational wealth. They emphasize the importance of generosity and giving back. Julie shares how they provide coaching and mentoring to others, aiming to compress the timeline of success and share their knowledge and experiences to help others avoid mistakes and create financial abundance. They focus on teaching the importance of mindset, mindset shifting, and investing in real estate for long-term wealth creation. Julie also mentions their plans for authorship, speaking engagements, and future projects aimed at creating impact and helping more people.