BTM164: Cultivating Dreamcatchers to Exit the Matrix with Jerome Myers
Today’s guest, Jerome Myers is a multifamily investor and executive coach that has a knack for repositioning apartment buildings. Having amassed a portfolio well over 200 units, Jerome’s competitive advantage is lies in his focus of adding value to those around him.
On a day to day basis, Jerome’s work with individuals looking to escape the rat race, or has he coins it “exit the matrix”. On today’s episode, we discuss Jerome’s journey to full time self employment as well as the lessons he’s learned along the way.
This episode could be exactly what the doctor prescribed if you’re on a journey to catch a dream that is bigger than yourself. Buckle up.
Key Points From This Episode:
- Creating abundance in the 6 focus areas of life: Self Image, Relationships, Career, Health, Prosperity and Significance.
- Jerome’s desire and plan to switch from full time engineer to full time investor
- How to cultivate a ‘dreamcatchers’ mindset and schedule
- The truth behind your relationship with money
- How to become successful in the apartment business starting from scratch with no resources
Links Mentioned in Today’s Episode:
Recommended Book:
Millionaire Success Habits by Dean Graziosi
Listen to this books for free with Audible!
Lifestyle Design App:
BTM 36: Buy Your 1st (Next) Real Estate Investment: The 12 Step Process
Buy Your 1st (Next) Real Estate Investment: The 12 Step Process.
In this episode we walk through the exact steps that I teach my coaching students to ensure that they close on their first property this year. I know you are thinking that this is too good to be true – but believe it! I want to make sure that as many people who are looking for a process to follow are equipped with the know how to purchase their first rental investment in 2018.
Here are the steps:
1. Real Estate Literacy
2. Goal Setting (SMART Goals)
- Lifestyle Goals
- Financial Goals
- Real Estate Investment Goals
3. Choosing A Market
- Types of Markets
- Growth Market
- Stable Market
- Declining Market
- Top-Down Approach
- Economic Factors
- Real Estate Factors
- Regulator Factors
- Local Market Factors
- Investing Locally or Remote
4. Analyzing Deals
- In Depth Analysis
- General Rules of Thumb
- 50% Rule
- 2% Rule
- 70%Rule
For steps 5 through 12 along with 1-4 above, we have created a detailed 12 Step Process write up for your ease…
Simply click here to opt in our newsletter where the detailed 12 Step Process will be one of the first emails that you receive as we’ll be emailing you the best tips, tricks and strategies weekly to help you on your investing journey.
Links mentioned in the show:
Rich Dad Poor Dad by Robert Kiyosaki (Physical Copy)
4 Hour Work Week by Tim Ferris
One on One Coaching with Daray
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BTM 10: Power of Thought Leadership – 3 Million Downloads and Counting with Joe Fairless
Real Estate mogul Joe Fairless is the founder of Fairless Investing and currently owns almost $170 million in real estate. He designs his life so that he can spend time pursuing his passions and purpose. His life’s purpose is helping people achieve financial success. Joe believes that when he helps other achieve financial success, they too can use their time to pursue their own passions and purpose. However, before following his dreams, Joe worked paycheck to paycheck, and eventually started investing in learning more about real estate while working a full-time job in advertising. He went to seminars, read books, and received mentorship from people who had done what he wanted to do. By the time he left advertising in December 2012, Joe owned four single family homes that produced monthly income. It wasn’t enough to live off of but it sure helped out, considering he no longer had a job.
On today’s show, Joe shares with us not only about his real estate ventures, but also about his world famous podcast, The Best Real Estate Investing Advice Ever Show, also known as The Best Ever Show. Joe’s podcast is the world’s longest running daily real estate podcast, and he is a top podcaster in the business world. Today we dive into how Joe actually came from humble beginnings, more about his thought leadership platform, and how it has helped him grow his audience.
Key Points From This Episode:
- Why Joe left his full-time job, despite being the youngest VP of a New York City advertising agency.
- How to know when your job is not right for you, and the importance of doing work that matters.
- How Joe got started on his entrepreneurial journey and cultivated his thought leadership platform.
- What it means to sample life experiences and learn from top achievers.
- How Joe used standup comedy to improve his public speaking.
- Why being yourself and opening up to others, creates much stronger relationships.
- The importance of a life coach and how they impact your entrepreneurial journey.
- How Joe shifted his mindset and tactics to find success in the podcasting realm.
- The strategies Joe used to grow his podcast to over three million downloads.
- Understanding when do push on and put in more effort, despite a lack of results.
- The importance of consistency, not only in work, but in your daily routine of life.
- Find out more about how Joe structures his goals in 5 and 10 years terms.
- How living in the same apartment for 9 years before the millions got Joe to where he is today.
Tweetables:
[spp-tweet tweet=”“The more you are yourself, the more magnetic you become.” — @joefairless “]
[spp-tweet tweet=”“We live in an instant gratification culture and it’s sort of ridiculous how we don’t put in the work.” — @joefairless”]
Links Mentioned in Today’s Episode:
Joe Fairless — http://joefairless.com/
Joe’s book – Best Real Estate Investing Advice Ever
Before the Millions Resources Page
Before the Millions Facebook Group
Robert O. Young and Shelley Redford Young’s book, The pH Miracle: Balance Your Diet, Reclaim Your Health
Crucial Conversations Tools for Talking When Stakes are High and Audio Companion
Access The Best Strategies, Tips & Advice!
Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey.