DiscoverThe Do More Podcast
The Do More Podcast
Claim Ownership

The Do More Podcast

Author: Jon Farling

Subscribed: 1Played: 3
Share

Description

Jon Farling shares tips and insights into what’s helped him become successful in the world of real estate investing during and after quitting his 9-5 job. His self-storage portfolio has grown well into 8 figures because of the insights he and his guests will share. Not only will he share tips on his entrepreneurship journey, but also his personal life.
115 Episodes
Reverse
I talk about how belief is the top trait among successful people. It might sound simple, but it's a game-changer not just in business but in life overall. I share some personal stories about my journey from being a hesitant athlete to becoming a confident player, thanks to mentors who believed in me. This belief has been key in my ventures, especially with self-storage and real estate investing, where trusting myself has helped me tackle challenges head-on. Bottom line: building strong self-belief is crucial for success and overcoming hurdles, no matter what you're doing.Takeaways: Belief in oneself is the foundational trait that distinguishes successful individuals in all areas of life. Growth in personal belief often requires external validation, as demonstrated through my experience with Coach Frost. The journey from self-doubt to self-belief involves hard work and perseverance across various endeavors. It is crucial to assess whether you genuinely believe in your capabilities to achieve your goals. Success requires both belief and hard work; without belief, achieving your goals becomes significantly tougher. Belief can be cultivated over time through experiences and support from mentors or coaches. The Do More Podcast https://creativecommons.org/licenses/by-nd/4.0/
Today, I talk more about the concept of the BRRRR strategy in self-storage investments, outlining how it has shaped my real estate journey. The BRRRR strategy stands for Buy, Rehab, Rent, Refinance, and Repeat, and serves as a powerful tool for generating equity in properties. I share a practical example from a recent deal in which I acquired two self-storage properties for $3.35 million, illustrating how I leveraged equity from an existing property to finance this new acquisition. Through this process, I highlight the importance of understanding financing options and the nuances of valuation in commercial real estate, particularly in the self-storage sector, where value is derived from operational income rather than comparables. Ultimately, I emphasize that substantial equity gains do not always require doubling a property's value, but rather focusing on effective cash flow and strategic refinancing can lead to significant financial success.Takeaways: The BRRRR strategy involves buying, rehabbing, renting, refinancing, and repeating to build wealth. In commercial real estate, asset value is determined by net operating income rather than comparable sales. An example of a successful Burr deal illustrates extracting equity to finance new property purchases. Investors should focus on cash flow rather than solely aiming to double property values for success. Securing the right financing options, like SBA loans, can greatly enhance investment opportunities. Long-term planning is essential in real estate to adapt to changing market conditions and financing terms. 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/
Words Matter

Words Matter

2025-09-2212:36

Words and thoughts hold significant power, shaping our inner dialogues and influencing our realities. In this episode, I talk about the significance of positive self-talk and its profound impact on our lives, particularly regarding real estate investing and entrepreneurship. I draw from personal experiences and observations, emphasizing how often we gravitate toward negative narratives and the need to consciously shift our focus to the positive aspects of our lives. I share insights on how even small changes in our mindset can lead to substantial improvements, both professionally and personally. Ultimately, I encourage you to be mindful of the language you use with yourself and others, as it directly correlates to the outcomes you experience.Takeaways: In this episode, I explore how our thoughts and words significantly impact our mindset, especially in real estate and entrepreneurship. I discuss the importance of focusing on positivity instead of negativity, which can greatly influence our overall outlook on life. The podcast emphasizes that self-talk matters; it shapes our actions and reactions in everyday situations as well as our business endeavors. I share personal experiences of overcoming fears through positive affirmations, illustrating how mindset shifts can lead to improved outcomes in our lives. I address societal perceptions about wealth and how negative beliefs can hold individuals back from achieving financial success and abundance. Lastly, I stress the importance of consuming positive content to foster a constructive mindset, as what we feed our minds eventually reflects in our actions. The Do More Podcast https://creativecommons.org/licenses/by-nd/4.0/
This episode is a comprehensive overview of the strategies I've employed, the lessons learned, and how I navigated challenges to reach my current position in the self-storage market.I share my journey of acquiring 14 self-storage facilities over the past decade, offering insights into my unique approach to real estate investing. Many people believe they must raise capital from outside sources to succeed in this field, but I emphasize that it's possible to leverage personal finances and bank loans effectively. My path began in 2014, motivated by the need for supplementary income after the birth of my daughter, and it gradually led me to explore various investment opportunities. Through careful financial planning, utilizing home equity, and strategic decision-making, I've been able to scale my investments significantly while maintaining ownership of my assets. Takeaways: The journey to acquiring 14 self-storage facilities began in 2014, focusing on strategic investments. I utilized a combination of personal savings, HELOC, and bank loans to finance my real estate ventures. By analyzing market trends, I noticed that while home values appreciated, rental prices often lagged behind. The importance of learning from each investment experience helped me streamline operations and enhance cash flow. The Do More Podcast https://creativecommons.org/licenses/by-nd/4.0/
Interest rates are all over the map. Investors are getting cold feet. I've been talking to a lot of people in the business. There's a sense of uncertainty hanging in the air. Deals are not getting done like they used to. It's mainly because people are waiting for the moment to make a move. The thing is, that moment might never come. I think investors need to be prepared to take a chance and make some decisions, even if things aren't exactly as they'd like them to be. Waiting around for everything to fall into place can mean missing out on some opportunities.In today's credit crunch, people are finding ways to finance their projects. One option that's becoming more popular is seller financing, where the seller acts as the bank and lends the buyer the money to purchase the property. This approach is gaining ground as an alternative to financing methods.I think it's crucial to find your niche in the real estate market. When you focus on an area, like self-storage or single-family rentals, you get a feel for what's going on in that market and how to run your investments efficiently. This approach doesn't just help you make decisions; it also makes you more resilient when the market takes a hit. I've seen many people let fear dictate their investment choices, which is why I believe in taking a proactive approach. Trying new things, exploring different strategies, and not being afraid to think outside the box. By doing you're more likely to stay ahead of the curve and find opportunities that others might miss.I want to stress how important it is to be learning and adapting when it comes to real estate investing. The market is always on the move, and people who stay on top of things and are willing to adjust can put themselves in a spot to take advantage of opportunities. I hope people will stay involved, look for ways to invest, and take on the challenges that come with each downturn or upswing. Because more often than not, it's the people who are willing to change and try new things who end up succeeding.Takeaways: In the current real estate market, it's crucial to stay informed yet not overwhelmed with information that doesn't directly impact your investment decisions. Interest rates are anticipated to decrease slightly, but it's essential to maintain focus on your investment strategies regardless of these fluctuations. Many investors are hesitant to act due to market uncertainty, which presents opportunities for those willing to take calculated risks. Creative financing options, such as seller financing, are becoming increasingly vital as traditional financing methods tighten in the current economic climate. Continuous rent adjustments and value-add strategies are necessary to ensure cash flow stability amid rising expenses and tighter budgets. Staying focused on your niche and refining your operations can lead to greater success in any market condition, especially during downturns. Links referenced in this episode:thedomorepodcast.comL4Investing.comThe Do More Podcast https://creativecommons.org/licenses/by-nd/4.0/
Chris Miles, an expert in financial freedom, joins us to discuss how to break free from the traditional financial system that often leaves people feeling trapped. Chris shares his journey from being a financial advisor to becoming an advocate for alternative investments and passive income strategies, emphasizing the importance of being "work optional." He highlights the common misconceptions surrounding 401(k)s and traditional saving methods, arguing that they may not be the best path to true financial independence. By focusing on creating cash flow and diversifying investments, Chris provides actionable insights for listeners looking to improve their financial situations. Join us as we explore innovative strategies to achieve financial freedom and how to avoid the pitfalls of conventional financial wisdom.Takeaways: Chris Miles emphasizes the importance of creating passive income that allows individuals to become work optional, shifting focus from mere saving to generating wealth. The traditional financial advice of saving through 401(k)s may not lead to true financial freedom, as many find themselves still dependent on work in retirement. Miles shares his personal journey of transitioning from a financial advisor to a real estate investor, illustrating the flaws he found in conventional financial planning. Achieving financial independence requires a shift in mindset, where one prioritizes liquidity and smart investments over locking money away in retirement accounts. The conversation highlights that true financial freedom is not just about accumulating wealth but about making informed decisions that allow for lifestyle choices. Miles advises that people should focus on increasing their income and managing their finances wisely, rather than merely cutting expenses. Links referenced in this episode:money ripples.coml4investing.comThe Do More Podcast https://creativecommons.org/licenses/by-nd/4.0/
I want to start off by saying a heartfelt thank you to all of you who tune in. It means so much to me that you’re here, and I’d like to take a few minutes to reflect on how far this podcast has come and the amazing growth we’ve experienced together.Honestly, it’s your support—sharing episodes, leaving reviews, telling friends—that’s fueled this whole journey. The fact that you trust me enough to listen regularly is something I never take for granted, and I’m incredibly grateful for the connection we’ve built.So, as I get into today’s topic, I want to talk about something that a lot of aspiring investors find both inspiring and mysterious: financial freedom. My aim is to break it down, clear up the confusion, and show you it’s actually more achievable than you might think.Here’s how I define financial freedom: it’s being able to cover your monthly expenses using the cash flow from your assets, instead of relying solely on a traditional job. I encourage you to think about your own situation—do you know exactly what your expenses are every month? A lot of people don’t, and that’s a big roadblock to making progress financially. So, I always recommend starting with a good, honest look at your finances. Make a simple balance sheet: list out your assets and liabilities so you can see where you stand. It’s not just an academic exercise—it’s the first real step toward making smart decisions with your money and your lifestyle.As I go further, I want to touch on the different ways people try to reach financial freedom. For example, flipping houses might sound like a quick path to riches, but it’s often risky and unstable. I actually prefer steady, passive income streams—like the ones I’ve built through self-storage investing. There’s a big difference between owning a job and running a business that makes money whether you’re working or not.By the end of this episode, my hope is that you’ll feel a little clearer on what financial freedom is and how you can start moving toward it. And, as always, if you have questions or just want to talk, please reach out. We’re all in this together, and I’d love to help however I can as we work toward financial empowerment as a community.Takeaways: Understanding financial freedom requires a clear grasp of your monthly expenses and income sources. Creating a personal balance sheet is essential to track assets, liabilities, and net worth effectively. Passive income streams are crucial for achieving financial independence without relying solely on a job. It's important to differentiate between owning a job and being financially free in your investments. Investing in real estate can be a pathway to financial freedom, but caution is advised with market fluctuations. Building a cash flow system involves diversifying income sources to ensure stability during challenging times. Links referenced in this episode:thedomorepodcast.comL4Investing.comThe Do More Podcast https://creativecommons.org/licenses/by-nd/4.0/
Scott Durham joins me to share his journey in the real estate investment world, emphasizing the importance of persistence and strategy in achieving success. With 20 years of experience, Scott transitioned from a successful real estate agent to a house flipper and rental property investor. He discusses how his background in real estate sales provided him with a unique advantage in finding lucrative deals, particularly through online leads. Scott's approach to flipping houses includes acquiring properties at a discount, renovating them, and leveraging the cash flow from short-term rentals. He highlights how having a solid foundation of cash-flowing properties offers a safety net, particularly in an uncertain market. We talk about the challenges of finding good contractors and navigating a changing real estate landscape, all while maintaining a focus on disciplined investment practices that prioritize quality over quantity.Takeaways: Scott Durham's journey in real estate spans over 20 years, evolving from a top agent to a successful house flipper. He emphasizes the importance of persistence and utilizing one's expertise as a realtor to create personal investment opportunities. In today’s market, finding motivated sellers is easier than in recent years, despite rising lead costs. Durham highlights the necessity of networking with contractors and having a reliable team for successful property flips. He employs AI tools to analyze potential deals, showcasing how technology can enhance real estate investment strategies. The discussion stresses making informed buying decisions, as success in real estate largely hinges on purchasing properties at the right price. The Do More Podcast https://creativecommons.org/licenses/by-nd/4.0/
Flint Jamison joins me to share his remarkable journey from aerospace engineer to real estate investor, specifically focusing on multifamily and medical office spaces. We get into Flint's pivotal role in designing the wing structure of the Boeing 787, showcasing how his engineering background laid the groundwork for his later ventures. Flint describes the challenges he faced in the high-stress world of aerospace engineering, which ultimately led him to seek a more fulfilling career in real estate. He discusses his transition into real estate investment, detailing his experiences with a duplex and how they shaped his strategies moving forward. Flint emphasizes the importance of diversifying investments and shares insights on navigating the current uncertain market conditions, including the strategies he employs to mitigate risks in his portfolio.Takeaways: Flint Jamison transitioned from aerospace engineering to real estate investment after 20 years, seeking a more fulfilling life. The engineering field is high-stress and time-intensive, often requiring personal sacrifices that affect family life. Real estate investment offers diverse opportunities for income generation, including tax advantages and stable returns. Flint's first real estate venture was a duplex that taught him valuable lessons about property management and tenant relations. He now focuses on medical office space and multifamily apartments, leveraging partnerships for diversified investments. Flint emphasizes the importance of networking and building relationships to find lucrative real estate deals. Links referenced in this episode:vestascapital.cominvestwithflint.coml4investing.comThe Do More Podcast https://creativecommons.org/licenses/by-nd/4.0/
Learning to Lose

Learning to Lose

2025-08-0415:30

I wanted to discuss why I believe facing challenges directly is so crucial, particularly when it comes to personal growth. I’ve got a story about my son and his time in a three-on-three basketball league that really drives this home. His team was up against older, stronger players, and let’s just say they took quite a few losses. It could’ve been a real downer, but honestly, I’ve seen how those tough games pushed them to get so much better—both in their skills and in bouncing back from setbacks.I can’t help but think about what this means for all of us, you know? So often, schools and even us parents focus on keeping things safe and comfy for kids, but are we missing out on the big lessons that come from competing and even failing sometimes? I really believe we need to take more risks and embrace the hard stuff, whether it’s on the court or just in everyday life. Those challenges are what shape us and help us grow. What do you think—have you seen this play out in your own experiences? Takeaways: In youth sports, competition often overshadows the importance of skill development and teamwork. Challenging children with difficult opponents can lead to significant growth and improvement. Losing is a valuable learning experience that teaches resilience and the importance of effort. We should encourage taking risks in life, as growth often comes from facing challenges. The societal tendency to avoid challenges prevents personal development and skill enhancement. Parents and coaches must focus on the process of learning rather than just winning games. Links referenced in this episode:thedomorepodcast.coml4andbThe Do More Podcast https://creativecommons.org/licenses/by-nd/4.0/
Bree Hartman joins me in this episode to discuss the transformative journey of entrepreneurship and the world of self-storage investing. One of the main points we explore is how pivoting and adaptability are essential traits for business success. Bree shares her personal story, which includes a significant transition from a career in state wildlife management to owning and operating multiple storage facilities. We talk about the importance of taking risks, learning from failures, and the crucial role of mindset in navigating challenges. Additionally, Bree emphasizes the value of community and mentorship in the self-storage industry, highlighting how her experiences have shaped her approach to business and personal growth. This conversation not only sheds light on the practical aspects of investing in storage facilities, but also, I hope, will inspire you to embrace your own entrepreneurial journeys.Takeaways: Bree Hartman emphasizes the importance of embracing pivots in life, stating that growth and change are essential for personal and professional development. She shares her journey from being a field biologist to a successful entrepreneur, illustrating how her diverse experiences led her to the self-storage industry. Bree discusses the significance of delegating responsibilities in business to allow for growth, stressing that releasing control can lead to improved performance. The concept of using AI tools, like Swivel, is highlighted as a way to enhance customer service and operational efficiency in the storage industry. Bree notes that many entrepreneurs struggle with the fear of failure, but emphasizes the importance of betting on oneself and taking calculated risks to achieve success. The conversation reveals that personal growth often involves discomfort and the ability to adapt to challenges, which ultimately shapes one's journey as an entrepreneur. Links referenced in this episode:l4investing.cominstagram.com/bree.theinvestorThe Do More Podcast
Russell Nersesov joins me to discuss his journey from being a chiropractor to becoming a managing partner of Safe Storage USA and Flex Park Partners. In this episode, we examine the strategic shift from traditional real estate investments to self-storage and now flex spaces, showcasing the evolving landscape of the real estate market. Russell shares insights on the challenges and opportunities that come with these transitions, particularly in the current economic climate where interest rates have significantly changed. We talk about the importance of building a strong network and the necessity of adapting investment strategies to ensure sustainable growth. As we navigate through these topics, listeners will gain valuable perspectives on the dynamics of real estate investment and the critical factors influencing decision-making in this field.Takeaways: In this episode, Russell Nersesov shares his transformative journey from being a licensed chiropractor to becoming a managing partner in the self-storage and flex space sectors. The discussion highlights the importance of adaptability in real estate investment, particularly in response to market changes and economic pressures. Russell emphasizes the strategic decision-making process behind their pivot from self-storage to flex space, focusing on emerging opportunities in the market. You are encouraged to consider the nuances of long-term real estate holding strategies, as opposed to the more transactional approach often seen in syndication. The episode covers the significance of building a reliable network in real estate, underscoring that success often hinges on collaborative efforts within the industry. Russell discusses the innovative approach of combining real estate investments with cryptocurrency, particularly Bitcoin, to diversify and enhance investment portfolios. Links referenced in this episode:safestorageusa.comsafestorageinvestors.comL4Investing.comThe Do More Podcast
Jimmy Rios, founder of Rios Business Advisors, joins me to discuss the evolution of his advisory firm and the crucial lessons learned over 25 years in the financial services industry. At the heart of our conversation is the importance of understanding business credit and how it can serve as a vital tool for entrepreneurs looking to transition from traditional employment to business ownership. Rios emphasizes the shift from a consumer-driven mindset to one where individuals view themselves as business owners, capable of leveraging credit and strategic planning to build wealth. We talk about the essential first steps for aspiring business owners, including the significance of mental preparedness and the necessity of a solid financial foundation. Throughout the episode, Rios shares insights on navigating the complexities of buying and selling businesses, highlighting the value of mentorship and well-structured systems for achieving long-term success.Takeaways: Jimmy Rios emphasized the importance of building a business ecosystem that adapts to client needs over 25 years. He shared insights on transforming individuals from consumers to business owners through effective financial strategies. Rios discussed the value of mentorship in navigating the complexities of business ownership and credit management. The episode highlighted the significance of having a clear exit strategy when buying or selling a business. Rios explained how to leverage business credit effectively to facilitate investments and acquisitions. He encouraged listeners to focus on the numbers and details to ensure a strong financial foundation for their ventures. 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/
Entrepreneurs often mistakenly believe they own a business when, in reality, they may just have a job. This episode explores the crucial distinction between working in a business versus working on it, highlighting that many entrepreneurs often become entangled in daily operations rather than focusing on strategic growth. I explore practical examples, such as house flipping, to illustrate how being involved in the minutiae of operations can hinder long-term success. By sharing my own experiences in self-storage, I highlight the importance of delegation and the use of tools like organizational charts to clarify roles and responsibilities.Ultimately, this discussion aims to empower you to step back from day-to-day tasks, enabling you to concentrate on scaling your business and to foster a more effective work environment.Takeaways: Many entrepreneurs mistakenly believe they own a business, while they are actually just working a job. The distinction between working in your business and working on your business is crucial for growth. Delegation is essential for business owners to focus on the bigger picture and strategic planning. Using an organizational chart can help clarify responsibilities and improve business operations. Entrepreneurs often struggle with delegating tasks because they think they can do everything better themselves. Regularly reviewing your organizational structure can highlight areas for improvement and enhance efficiency. Links referenced in this episode:L4Investing.comThe Do More Podcast https://creativecommons.org/licenses/by-nd/4.0/
Money does not directly equate to happiness; rather, it serves as a tool that can facilitate a fulfilling life. I explore the nuanced relationship between financial resources and personal well-being, emphasizing that while it is essential to have our basic needs met, happiness often stems from experiences and the goals we pursue. I've shared my own journey from living paycheck to paycheck to understanding the importance of saving and investing, which allowed me to gain financial stability and time freedom. This episode delves into the idea that the fulfillment we derive from our financial journeys is more significant than the money itself. Ultimately, it's about who we become along the way and how we leverage our resources to enrich our lives and those of others.Takeaways: I share personal experiences from my youth, illustrating that meeting basic needs often leads to happiness, regardless of income level. The importance of having a savings cushion is discussed, as it alleviates stress and prevents the cycle of living paycheck to paycheck. We highlight that fulfillment comes from personal growth and achieving goals, rather than simply accumulating wealth or material possessions. The episode emphasizes that while money is a useful tool, true happiness is derived from experiences, relationships, and the person you become through challenges. Ultimately, we conclude that money indirectly contributes to happiness through the freedom it provides to pursue meaningful experiences and personal development. Links referenced in this episode:L4Investing.comhttps://creativecommons.org/licenses/by-nd/4.0/The Do More Podcast
Celebrating our 100th episode, I reflect on the journey and the importance of taking consistent action in achieving success. Many individuals hesitate to act until everything is perfect, but the key takeaway from today's discussion is that taking action, even in a makeshift environment, is crucial. I share insights from past episodes, emphasizing that most successful guests faced significant challenges but found their way by committing to their goals and embracing the learning process that comes with setbacks. As I settle into my new office space, I recognize that growth and fulfillment come not from the quantity of achievements but from the quality of our actions and the lessons we learn along the way. Join me as we explore how to break free from comfort zones and pursue meaningful goals in our personal and professional lives.Takeaways: Reaching the milestone of 100 podcast episodes signifies dedication and persistence in the podcasting journey. Taking action is essential; many individuals hesitate to start due to perfectionism that holds them back from progress. The importance of having a 'big why' and setting substantial goals cannot be overstated in achieving success. Learning from failure is crucial; one must embrace losses to pave the way for future victories in any endeavor. Consistency in actions, even when the process becomes mundane, is vital for mastering any craft or business. It's not the quantity of assets that matters; rather, focus on cash flow and personal fulfillment in your pursuits. Links referenced in this episode:L4Investing.comThe Do More Podcast
Cost segregation is a powerful tax strategy that allows property owners to significantly reduce their income tax liability by accelerating depreciation deductions. In this episode, I sit down with Yona Weiss, a renowned expert in cost segregation, to unpack what this strategy entails and how it can benefit real estate investors. Yona explains that cost segregation involves breaking down the components of a property to identify those that depreciate faster than the standard timeline, enabling owners to front-load deductions and improve cash flow. We also discuss the nuances of when cost segregation is appropriate and the potential pitfalls to avoid, particularly regarding property types and holding periods. Listeners will gain valuable insights into the mechanics of cost segregation and how it can be a strategic tool in their real estate investing journey.Takeaways: Cost segregation is a tax strategy that allows property owners to accelerate depreciation, thus reducing taxable income significantly. Yona Weiss explains that cost segregation involves breaking down properties into components that depreciate at different rates, allowing for larger deductions upfront. Investing as a limited partner can be advantageous for those who prefer not to manage properties themselves, as it allows them to focus on their strengths. It's essential to consult with a CPA before implementing cost segregation, as it may not be suitable for every property or investor situation. A key consideration for using cost segregation is whether the property is held long-term or short-term, as flipping properties may not benefit from this strategy. Real estate professionals may leverage cost segregation to offset active income, which can provide substantial tax savings compared to passive investors. 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/
Setting clear and impactful goals is essential for success in both real estate investing and personal development, as highlighted by Jon Farling in this episode. He emphasizes the importance of not only defining our goals but also communicating them to those around us, including family and team members, to foster accountability. Jon reflects on his own journey and the growth that comes from pursuing ambitious objectives, noting that the process can lead to significant personal transformation. He encourages listeners to break their larger goals into manageable steps, illustrating that achieving significant milestones often requires a structured approach and a clear timeline. By understanding our motivations and the impact our goals have on others, we can create a more meaningful path to success.Takeaways: Setting clear goals is crucial for success in both business and personal life, as it provides direction and accountability. Communicating your goals to family and team members can enhance accountability and foster a supportive environment. Breaking down larger goals into smaller, manageable tasks helps in achieving them incrementally, making the process less daunting. It's important to set ambitious goals that inspire growth, as aiming low can limit potential and learning opportunities. Links referenced in this episode:L4Investing.comThe 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/
loading
Comments