The Do More Podcast

Work-life balance is a commonly discussed concept, but in this episode, I challenge the idea that such a balance truly exists. Instead, I propose that the focus should be on what I refer to as "filling your cup," which emphasizes the importance of personal fulfillment over the pursuit of an equal distribution of time between work and life. As summer approaches and my kids are home from school, I reflect on my experiences of working from home and how I've navigated the complexities of family life and business responsibilities. Throughout our conversation, I highlight the seasons of life and the adjustments we must make as our circumstances change, particularly as children grow older and our personal and professional priorities shift. By understanding that fulfillment in both work and life does not require strict balance, we can better engage with our loved ones while also pursuing our professional goals effectively.The Do More Podcast Takeaways: The concept of work-life balance is often misunderstood; Jon argues that it does not truly exist. Instead of striving for balance, we should focus on 'filling our cup' to be present and effective. Life goes through seasons, and as children grow, our priorities and routines must adapt accordingly. Success in any field often requires sacrifices, and that can affect personal relationships significantly. Establishing a routine is crucial for maintaining productivity and ensuring fulfillment in both work and family life. Ultimately, being successful means knowing when to prioritize business and when to be fully engaged with family. Links referenced in this episode:L4Investing.com

My friend John Chapman, a two-time guest on our show, shares his personal journey of transitioning from a demanding career as an attorney to embracing the world of real estate investing. We delve into the emotional hurdles that accompany such a leap, the initial exhilaration of freedom, and the unexpected challenges that arise when the structure of a traditional job is removed. John and I reflect on the importance of finding meaningful activities post-job and how this journey influences our overall sense of fulfillment. Ultimately, we explore how financial independence not only allows for greater personal freedom but also necessitates a proactive approach to maintaining productivity and happiness.John Chapman returns for a thought-provoking discussion on the challenges and triumphs of achieving financial freedom through real estate investing. Our conversation covers the emotional turmoil of quitting a stable job, highlighting the mixed feelings of excitement and fear that accompany such a significant life change. We explore the critical question: What happens after you leave your traditional job behind? Chapman shares insights from his own journey, noting that the initial weeks of freedom can lead to an unexpected existential crisis. He reflects on the need to find new ways to be productive and fulfilled outside of a structured work environment, emphasizing that simply stepping away from a job is not enough; one must actively seek new avenues for engagement and satisfaction.Key Takeaways: Quitting your job can be a daunting leap, often filled with fear, even when financially viable. The initial excitement of leaving a job can quickly turn into an existential crisis if no plans are set. Finding productivity outside of a traditional job is essential for maintaining fulfillment and happiness. Creating a structure and routine post-job is crucial to avoid feeling lost and unproductive in daily life. Building relationships with brokers and having credibility is key to finding better deals in today's market. Investing in tertiary markets can provide stability, as larger players often avoid these areas, reducing competition. Thanks for following, subscribing and listening to this episode of The Do More podcast hosted by Jon Farling. To learn more or ask questions, go to l4investing.com.The Do More Podcast https://creativecommons.org/licenses/by-nd/4.0/

Explore essential strategies for effective underwriting in self-storage investments. Learn to identify value-add opportunities and avoid common pitfalls that can thwart your success. Discover why smaller storage facilities can yield strong cash flow and examine alternative funding options beyond traditional equity. Understand the misconceptions surrounding square footage metrics and operating expense ratios. This insightful discussion equips investors with the tools needed to maximize their storage investments.

I'm excited to explore the inspiring journey of Chris Michaels, the new leader of the Storage Rebellion. Chris opens up about his path from financial struggles to becoming a thriving self-storage investor and how this shift unlocked opportunities for a richer, more meaningful life. Along the way, he shares how taking action, even in the face of self-doubt and limiting beliefs, was the key to his success.Chris emphasizes the powerful role of community support and reassures aspiring investors that it’s okay to start without having every detail figured out. In our conversation, he also highlights the holistic philosophy of the Storage Rebellion. It's not just about teaching people how to succeed in self-storage investments; it’s about fostering personal growth and finding balance in all areas of life.By blending financial education with a focus on personal development, Chris shows that building wealth is only part of the equation. Ultimately, it’s about using that success as a stepping stone to create a fulfilling and impactful life.Takeaways: Building a successful self-storage business requires taking action despite lacking complete knowledge or resources. Community support is crucial when starting in self-storage investing; it helps overcome initial hurdles and limiting beliefs. Financial freedom through self-storage can lead to personal growth, but wealth alone does not guarantee fulfillment in life. Self-storage investment allows for flexible operational strategies, enabling investors to focus on long-term goals rather than day-to-day issues. Thanks for following, subscribing and listening to this episode of The Do More podcast hosted by Jon Farling. To learn more or ask questions, go to l4investing.com.The Do More Podcast https://creativecommons.org/licenses/by-nd/4.0/

Ruben Izgelov from We Lend LLC joins me to discuss the dynamic landscape of private lending in today's market. A key point we explore is how the current era is being hailed as the "golden age of private credit," particularly as traditional banks tighten their lending criteria. Ruben emphasizes the importance of adaptability in lending practices, noting that his firm bridges gaps left by shrinking community banks to offer tailored financing solutions. We discuss the challenges and opportunities that real estate operators face, including the shift from flipping properties to holding them as a hedge against inflation. Our conversation also touches on the significance of maintaining strong relationships with borrowers, which is essential for successful lending in this evolving environment.Takeaways: In today's lending environment, private credit is thriving as banks reduce their lending capacity. To succeed in real estate lending, having skin in the game is essential for both lenders and borrowers. Investors are increasingly transitioning from equity investments to debt financing for better security. Effective communication and quick response times from lenders are critical for closing deals successfully. Understanding the underwriting process is vital for new lenders to identify and mitigate risks effectively. Maintaining strong relationships with experienced borrowers is key to successful lending operations. Thanks for following, subscribing and listening to this episode of The Do More podcast hosted by Jon Farling. To learn more or ask questions, go to l4investing.com.The Do More Podcast

Dive into the dynamic world of a diverse mastermind group where business owners connect and collaborate for growth. Discover how accountability loops and understanding personality types enhance team dynamics. Learn about impactful networking strategies from a recent retreat in Clearwater Beach. The emphasis on clarity of vision and prioritization shines through, showcasing the power of small contributions leading to significant community improvements. This gathering is all about transforming individual challenges into shared solutions.

Bob Bush, the president and CEO of Mutumbo Coffee, shares his compelling story that blends his personal history of global culture and social impact. From humble beginnings in a small Midwestern town, his journey to becoming a key player in the coffee industry is as much about self-discovery as it is about professional achievement. Bob reflects on how his early life experiences, combined with a passion for learning, propelled him into diverse academic and professional environments, ultimately leading him to work across various continents. His insights uncover the importance of understanding diverse cultures through travel and exploration, emphasizing that true diversity is much more than surface-level characteristics. This philosophy not only shapes his worldview but is also a driving force behind the mission of Mutumbo Coffee, which aims to use the rich heritage of African coffee to foster meaningful conversations and connections. Key Takeaways: Bob Bush, the CEO of Mutombo Coffee, shares his journey from a small town to global business success. He emphasizes the importance of travel in broadening one's perspective and understanding diverse cultures. Dikembe Mutombo's philanthropic efforts are highlighted, showcasing his commitment to social impact in Africa. Bush discusses the challenges of navigating international trade, especially in the coffee industry, amidst global tariffs. The conversation touches on the need for resilience and adaptability in business during uncertain times. Mutombo Coffee aims to promote meaningful conversations and community engagement through its coffee products. The Do More Podcast Thanks for following, subscribing and listening to this episode of The Do More podcast hosted by Jon Farling. To learn more or ask questions, go to l4investing.com.https://creativecommons.org/licenses/by-nd/4.0/

In this conversation with Anthony Kusky, we talk about the key themes of adaptability and growth in the real estate industry. Anthony shares his inspiring journey from self-storage investor to skilled entrepreneur, highlighting how he is successfully navigating various investment fields, including wholesaling and mobile home parks.He speaks openly about his experiences and stresses the importance of seizing opportunities and building strong relationships in business. Anthony also points out how crucial it is to stick to a routine and lean on community support when facing challenges.As he reflects on his past while looking ahead to future projects, his insights offer valuable lessons for both seasoned investors and those just starting out. He reminds us that success often stems from consistent effort and thoughtful decision-making.Takeaways: Anthony Kusky attributes his strong drive and business acumen to early experiences working at his father's bowling centers, instilling a profound sense of responsibility and work ethic. His trajectory from traditional sales roles to real estate investing illustrates the necessity of adaptability and continuous learning in the evolving market. Kusky emphasizes the importance of building a supportive community among investors, as collaborative discussions can alleviate self-doubt and enhance decision-making processes. He advises prospective investors to take massive and imperfect action, highlighting that progress often requires stepping outside comfort zones and confronting uncertainties head-on. The transition to self-storage investing represents a strategic pivot for Kusky, showcasing how diversification can mitigate risks and capitalize on emerging market opportunities. Kusky's approach underscores the significance of maintaining a routine and prioritizing personal values, suggesting that a balance between family, work, and community engagement is essential for sustained success. The Do More Podcast Thanks for following, subscribing and listening to this episode of The Do More podcast hosted by Jon Farling. To learn more or ask questions, go to l4investing.com.https://creativecommons.org/licenses/by-nd/4.0/

I take a closer look at some of the popular trends and terms that have emerged in the world of real estate investing, especially those championed by various educators and self-proclaimed gurus. One term that stands out is "mastermind." Its meaning has changed quite a bit over the years and is now often used to describe almost any group gathering.In addition, I’ll talk about the rise of coaching, the growing need for executive assistants, and the hot topic of relationship capital. As I navigate these themes, my goal is to clarify what they really mean and share insights that can help aspiring investors evaluate the validity of these ideas.Ultimately, I encourage everyone to critically assess the information these figures share and focus on what truly adds value to their individual journeys.Takeaways: The term 'mastermind' has gained significant popularity in recent years, yet its true meaning often remains misunderstood, leading to misapplication in various contexts. Many gurus advocate for widespread coaching, yet it is crucial to recognize that not every successful investor is suited to teach others effectively. The concept of 'relationship capital' emphasizes the importance of one's network, which has become a prevalent term among real estate professionals in recent years. Not everyone requires an executive assistant; the decision should depend on individual circumstances and workload rather than following popular trends blindly. The cyclical journey of real estate investors often begins with wholesaling, progresses through flipping, and ultimately leads to commercial investments and coaching. The notion that not syndicating investments equates to selfishness is a flawed perspective; there are numerous ways to support friends and family without involving them in investment deals. The Do More Podcast Thanks for following, subscribing and listening to this episode of The Do More podcast hosted by Jon Farling. To learn more or ask questions, go to l4investing.com.https://creativecommons.org/licenses/by-nd/4.0/

Eric Burns, the founder of Flowers Capital, breaks down the world of commercial real estate capital raising. He talks about how he brings together investor funds to help acquire large apartment complexes. We talk about Eric's unique career journey, which has taken him from studying finance to serving as a firefighter, and finally to becoming a successful entrepreneur in real estate investment.Eric shares how he made a significant shift from managing single-family rentals to exploring the bigger opportunities in commercial properties. This change was inspired by his goal of creating scalable, passive income. He also offers valuable insights into the current real estate market, highlighting the importance of understanding what drives investors, especially during uncertain economic times.Whether you're looking to break into real estate investing or want to refine your strategies for raising capital and building partnerships, this episode is a valuable resource filled with practical advice and rich experiences from Eric's career.Takeaways: Eric Burns transitioned from a career in firefighting to real estate investing, illustrating the potential for career pivots in pursuit of personal passion. He emphasizes the importance of accountability in personal growth, a trait honed during his years in the fire department. Burns highlights the benefits of commercial real estate, particularly in passive income generation, contrasting it with the challenges of residential property management. Investors are currently skittish due to market volatility, making it crucial to provide clear and defensible business plans when raising capital. The recent purchase of a 71-unit property in Phoenix illustrates strategic investment based on local economic drivers, such as a major semiconductor plant. Networking through masterminds has been pivotal in Burns's success, allowing him to connect with capable operating partners and refine his investment strategies. Thanks for following, subscribing and listening to this episode of The Do More podcast hosted by Jon Farling. To learn more or ask questions, go to l4investing.com.The Do More Podcast https://creativecommons.org/licenses/by-nd/4.0/