799: Is It Possible To Work Less And Earn More?
Digest
This podcast episode features Jenna Goodger, the host, interviewing Erica Brown, a successful real estate investor and entrepreneur. The episode begins with an introduction to The League, a premium dating app that caters to busy professionals seeking meaningful relationships. Jenna then introduces Erica, who shares her inspiring story of building a multi-million dollar real estate empire from humble beginnings. Erica emphasizes the importance of starting with a clear vision of your desired lifestyle and developing a specific investment strategy to achieve it. She also discusses the importance of mindset work, identifying and challenging limiting beliefs, and cultivating a positive mindset. The episode delves into Erica's daily routine, which includes homeschooling her children, managing her real estate portfolio, and running her business. She shares her strategies for working efficiently, prioritizing her time, and building a supportive team. Erica also provides advice for individuals feeling burnt out, emphasizing the importance of rest, taking inventory of opportunities, and focusing on high-impact tasks. The episode concludes with a discussion about the power of knowledge and learning, and Erica's vision for empowering women and minorities in real estate. She highlights her upcoming real estate conference as a step towards this goal.
Outlines
Dating, Real Estate, and Empowering Women
This episode explores the journey of real estate investor Erica Brown, who shares her strategies for building wealth, balancing work and family, and empowering women in the industry. The episode begins with an introduction to The League, a premium dating app that caters to busy professionals seeking meaningful relationships.
Erica Brown's Journey to Financial Freedom
Jenna introduces her guest, Erica Brown, a real estate investor and serial entrepreneur who has built a multi-million dollar real estate empire. Erica shares her journey from living paycheck to paycheck to generating six-figure passive income through real estate investing.
Vision and Clarity in Real Estate Investing
Erica emphasizes the importance of starting with a clear vision of the lifestyle you desire before diving into real estate investing. She suggests identifying the cost of your dream life and then developing a specific investment strategy to achieve it.
Balancing Homeschooling, Real Estate, and Business
Jenna and Erica discuss Erica's daily routine, which includes homeschooling her children, managing her real estate portfolio, and running her business. Erica shares her strategies for working efficiently and prioritizing her time, emphasizing the importance of a supportive team.
Overcoming Burnout and Finding a Better Rhythm
Erica provides advice for individuals feeling burnt out and seeking a more sustainable path to success. She emphasizes the importance of rest and taking inventory of opportunities, as well as focusing on high-impact tasks and delegating others.
The Power of Knowledge and Compounding Results
Jenna and Erica discuss the importance of investing in knowledge and learning as a key to achieving long-term success. Erica shares her own experience with a $37 entrepreneurial business class that significantly impacted her journey.
Empowering Women in Real Estate
Erica shares her vision for creating a hub for women and minorities in real estate, providing resources, tools, and support to help them achieve financial success. She highlights her upcoming real estate conference as a step towards this goal.
Keywords
The League
The League is a premium dating platform that focuses on quality over quantity. It caters to busy, ambitious individuals who are seeking meaningful long-term relationships. Users must apply and be accepted, creating a highly engaged and safe community.
Erica Brown
Erica Brown is a real estate investor and serial entrepreneur who has built a multi-million dollar real estate empire. She is passionate about teaching others, especially women and people of color, how to invest in real estate.
Passive Income
Passive income is income earned from investments or assets that require minimal ongoing effort. It can be generated through various means, including real estate rentals, dividends from stocks, or royalties from intellectual property.
Real Estate Investing
Real estate investing involves purchasing and owning properties for the purpose of generating income or appreciation. It can include various strategies, such as buying and renting out properties, flipping houses, or investing in commercial real estate.
Mindset Work
Mindset work refers to the practice of consciously developing and improving your thoughts, beliefs, and attitudes. It involves identifying and challenging limiting beliefs, cultivating positive self-talk, and practicing gratitude.
Unconscious Competence
Unconscious competence is a stage of skill development where you can perform a task effortlessly and without conscious thought. It is often achieved through repeated practice and experience.
Working Genius
Working Genius is an assessment tool that helps individuals identify their natural strengths and how they work best. It provides insights into how to leverage your unique talents and create a more fulfilling work experience.
Hustle Culture
Hustle culture is a mindset that emphasizes working long hours, striving for constant productivity, and prioritizing work over personal life. It can lead to burnout and a lack of work-life balance.
Compounding
Compounding is the process of earning interest on both the principal amount and the accumulated interest. It is a powerful concept in investing, as it allows your money to grow exponentially over time.
Q&A
What is The League and how does it differ from other dating apps?
The League is a premium dating platform that focuses on quality over quantity. It caters to busy, ambitious individuals who are seeking meaningful long-term relationships. Users must apply and be accepted, creating a highly engaged and safe community.
How did Erica Brown get started in real estate investing and what was her initial investment?
Erica began investing in real estate with a $3,000 down payment on a foreclosed property. She rented out the basement to help cover expenses and has since built a multi-million dollar real estate empire.
What is the importance of vision and clarity in real estate investing?
Erica emphasizes the importance of starting with a clear vision of the lifestyle you desire before diving into real estate investing. She suggests identifying the cost of your dream life and then developing a specific investment strategy to achieve it.
How does Erica balance homeschooling, managing properties, and running her business?
Erica prioritizes her time by working efficiently, focusing on high-impact tasks, and delegating others. She also emphasizes the importance of a supportive team and taking time for rest and rejuvenation.
What advice does Erica have for individuals feeling burnt out and seeking a more sustainable path to success?
Erica recommends taking time for rest and taking inventory of opportunities. She also suggests focusing on high-impact tasks and delegating others to free up time and energy.
Why is investing in knowledge and learning crucial for achieving long-term success?
Erica believes that investing in knowledge and learning is essential for compounding results over time. She encourages individuals to seek out mentors, take courses, and attend events to expand their knowledge and skills.
What is Erica's vision for empowering women in real estate?
Erica aims to create a hub for women and minorities in real estate, providing resources, tools, and support to help them achieve financial success. She is excited about her upcoming real estate conference as a step towards this goal.
Show Notes
What if I told you you didn’t have to work as hard to dig your biggest goals?! Would you believe me, or think I’m crazy?! My guest today has cracked the code on how to work less and earn more and how YOU can do the same. (Yep, you read that right!)
Erika Brown is a Real Estate Investor and Serial Entrepreneur who went from living paycheck to paycheck to having a multi-million dollar real estate empire that generates over six figures of real estate income each year. Her rental portfolio and experience cover everything from multifamily properties, single family homes, land ownership, commercial properties, short term and mid term rentals, section 8 rentals, and home building.
She is a natural problem solver who enjoys helping others overcome any challenges of real estate investing. Her passion is to help others create passive income for themselves, using real estate investing, so they can be freed up to pursue the things God has truly called them to do.
I can’t WAIT for you to hear her tangible tips to increase productivity, how to organize your daily schedule, and maximize efficiency when you are working.
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