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And, you know, Ive, you know, when I get back into it, you know, occasionally I give it a kick start. And I had just swarms of competitors coming out of the woodwork trying to take me down and so there was threat everywhere, right, theres threat everywhere. something that I used to think gave me hustle street cred, but today I realize was just a formula for burnout. So what I started doing, I was spending hours and hours on the phone every day, constantly and thats part of my job, right? Well, then you need to figure out a system how to stop being responsive to your email and be proactive, because youre not running your business, your email is running you, right? Star Wars: Thrawn. Denver, Colorado, United States. First, for those who arent sure how to do the math, in order to determine someones net worth, you need to take into consideration all assets and liabilities and put together a balance sheet.. be helpful, you know, seek out advisors in your field and you know, work towards it. Save up to 80% versus print by going digital with VitalSource. You know, not only are you raising money from people who now, you know, you dont want to lose anyones money, but also just in terms of mindset, you know, that theres the freedom that you think youre going to have may not necessarily be there. Josh Dorkin and Brandon Turner - longtime hosts of the world's number-one real estate podcast, The BiggerPockets Podcast - give you an insider's look at the many different niches and strategies that exist. And lifes too short, man. We took power from those who made information inaccessable by opening the doors and making sure real estate investing knowledge was free.Over the years, the mission to democratize knowledge so anyone, anywhere, regardless of income, education, age, or any other demographic, could learn to build wealth, has resulted in countless lives being changed for the better.Not only have we helped individual investors around the country and work, but weve moved markets.Ive always wanted to calculate the actual economic impact of the business - Im sure the true number would blow everyones minds. Horrifying, scary. And you are in Hawaii now, right? Thanks. Many of you already know my story, but it is always a privilege to have the opportunity to share it with other entrepreneurs in person, at events, and of course, via podcast conversations. This was not like, something that everybodys like, Oh, this is going to be the greatest thing since sliced bread. unit you let me know well do it whenever. Josh Dorkin and Brandon Turnerlongtime hosts of the world's #1 real estate podcast, The BiggerPockets Podcastgive you an insider's look at the many different niches and strategies that exist. He was the longtime co-host of The BiggerPockets Podcast, and he's the author of seven books that have sold more than a million copies combined. These facts can either break you or teach you that you simply have no control of things beyond yourself. Thank you so much, Josh, I want to have you on again. Whether its in business, you know, I want to be a better CEO, I want to learn how to become a CEO, so I went and read lots of books on it. 40.3K subscribers Thirteen years ago, Joshua Dorkin's friends teased him about starting a website that seemed to have no future. Im on the board. Joshua Dorkin (Foreword of The Book on Investing In Real Estate with No The Local newsletter is your free, daily guide to life in Colorado. I LOVED the first few years of hiring and scaling. And so thats what I do in my book, and I literally will break all these mega tasks into little micro steps. How One of the Largest Real Estate Communities was Built? with Joshua 27 quotes from Joshua Dorkin: 'Today I get 100 times more done with 100 times less effort. What are the things that I need to do to be better within all these personal domains? I was no longer happy as CEO of my own company. . We're confident in the quality of our books. Dan Daugherty: Welcome to this episode of The Big exit. [j:^h%m-dm0 \G/#f?IXv\I:$W2i|IO]K}3R+_D_P{_zZ`uu I\bY]_|[ J'|#W} t_g%=5+nnsN@ W ~xSf&+|r i44u{]Im|0S>gX}^jK9$m0BR8Y]?\fry5l |E~x7~'&xa PE""X WHr;.7=1k You know, we are not residents yet, you know, were doing our trial balloon now so to speak. Joshua Dorkin is the founder and former CEO of BiggerPockets, launched on October 22, 2004. Beyond that, weve helped transform neighborhoods, built communities and so much more.It has been almost 4 years since exiting the day to day and stepping away. For us, it manifested in my little girl becoming neck down paralized amongst other things. So give me give me the motivation and Ill get out there and do it. I realized that like, thats not healthy, you know, its healthy to be balanced, its healthy to spend time with downtime and so, you know, tried to create operating manuals around that, you know, eventually that became like, my Wednesdays, you know, in the year, call it year and a half leading to the exit, my Wednesdays, I didnt go into work. Everyone knows real estate investing can be a powerful way to build wealth and achieve true financial freedombut because each persons journey is different, knowing the first steps to take can be challenging. And particularly, I think the most stressful part was, I was by myself, to your point. Oct 2004 - Nov 201814 years 2 months. Josh Dorkin and Brandon Turner longtime hosts of the world's #1 real estate podcast, The BiggerPockets Podcast - give you an insider's look at . You know what, Im going to get a fitness watch, and Im going to walk 10,000 steps a day. And I had a lot of time and in that time realized that, you know, after 14 years of building this company, man I love, I love, love, love Bigger Pockets, but I was kind of burnt out. Bye. Josh is also host of the BiggerPockets Podcast (80 million . Josh Dorkin: I thought I was having a heart attack. Today, I think its a sign of necessity and strength, to be self-aware enough to know. And what advice would he share with other aspiring online entrepreneurs?\r\r We don't talk about real estate investing in today's episode. So there you go. It is big enough that youre not doing everything, but small enough that you can still get your hands dirty when you want. And so we spent weeks going through the business, realize that we had, you know, created a product that was a little overly bloated, there was you know, wed built too much, too many features. Thats a really weird thing to say, especially since I loved the company. BiggerPockets founder Joshua Dorkin and Brandon Turner from the BiggerPockets Real Estate Investing podcast. Explorer. This book provides a comprehensive overview of real estate investing strategies whether buy and hold to short-term rental and everything in between. Josh Dorkin: Well, if you put it that way, it sounds pretty good. Josh Dorkin: Yeah, yeah, I think for me, the book, The One Thing by Gary Keller and Jay Papasan, was one of the most impactful in just, you know, helping me kind of break things down. Life is short, you know, you dont know what can happen tomorrow. Many of you may know him and he's someone who's going through a whole bunch of transitions in his life, both personally and professionally. We always wanted to be, you know, in Hawaii and Colorado. We were all about trying to help people build wealth, learn how to build wealth through real estate investing. Joshua, along with his wife and three daughters, make their home in Denver, Colorado, and spend any time they can traveling, exploring, and adventuring. Have you had additional clarity from just taking a step back? I was in tears, I was just miserable. In all three cases, my wife was able to kind of talk me down and calm me and you know, but it was like, you know, stress, right, stress and I think we humans just internalize so. How do I hire? The political upheaval, the COVID chaos. Josh Dorkin - Board Member - BiggerPockets | LinkedIn I put on my headset and Id walk around the neighborhood and I easily got my 10,000 steps. I was teaching high school in Los Angeles. He was wrong. And so, you know, its a serious decision to raise money or not to raise money. But, you know, I think the key was just persevering through those in order to come out at the end. I coasted through the store with the ease of a professional, choosing items that would look great together and which would stand the test of time. And I immediately thought of you, because youve bootstrapped Bigger Pockets from I remember your Washington Park house where we met to really a multi-million dollar organization. He convinced a slew of real estate players, such as veteran house-flippers and rental-property investors, to contribute their know-how to BiggerPockets educational blog; added a marketplace for lenders and others to pitch their services; and installed analytic tools such as a calculator that crunches everything from local property taxes to vacancy rates to determine whether that split-level ranch will make for a profitable rental investment. Choosing a selection results in a full page refresh. We launched a book business. Theres so much. Whether it is the struggle to communicate at checkout while you and the cashier are donning masks, or the untrusting looks from everyone around you, the entire experience is less pleasurable for all of us. Of course, this was an extremely difficult transition for me, but I believe that several years later, I have become a highly valued board member that contributes immensely to the business and Im hopeful that I can find other opportunities to do the same for other companies. There were books, but like, you know, the books were pretty general, they didnt really say, what do you do when your tenant is stealing electricity from the building next door? Keep in mind that full time in this case means 80-100 hours a week, with no days off, no vacations, no respit. I take care of myself. very much oversimplifying it. k cG-t} And so, for example, one of the core values of Bigger Pockets is family above all else. I had a budget and time crunch, and was not going to be able to get what I needed on budget or in time. But you know, we were living off the business and it was very scary to go and take on debt because Im very conservative financially, fiscally. Be there for your families. Where are you spending all of your money? And I ran across a blog, and they talked about they called it serendipitous mindset, where you leave your mind open and as you see these different things that happen to you serendipitously, whether its the people that you have met five years ago, just like how you and I met many, many years back. But, you know, if anybody who tries to grasp these things, theyre so big and scary, well then break it down into little steps. I mean, the very first early years, you know, I had very little support outside of my wife, you know. Shipping rates vary depending on location. If you're not satisfied with your purchase, you can return your book for a full refund within 30 days. You know, we started producing video, we created podcasts, we created books, you know, we wanted to be where the listeners and viewers were versus thinking, hey, theyre going to come to us. But I think from a mindset perspective, you really, I think, if you have a learning mindset, a mindset where Hey, I always want to learn, I always want to get better. Fear of change or of taking risks by changing course has sunk far too many businesses. Investing in Your Future with Joshua Dorkin - Placester

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