Multifamily Insights

Ep. 249: How to Unlock Your True Potential with Ketan Patel


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Financial freedom is the goal for many investors, but happiness is what most are really pursuing. Ketan Patel realized that there was more to life than financial freedom. He had studied to become a pharmacist and bought a senior care business that allowed him to only work one day a week. He had 40 employees but it wasn't until he understood the emotion that drove his desire for financial freedom that he was able to unlock his true potential and find his purpose.

Ketan Patel is a transformation coach that helps motivated real estate entrepreneurs create more income and impact by shifting their mindset. He has mastered the art transformation by combining techniques from Tony Robbins, Wim Hof, and Dr. Joe Dispenza. He earned an accelerated Doctor of Pharmacy degree (while learning English), built a multi-million dollar rental portfolio starting from $8,000, raised over $10 million for his multifamily syndication business, and grew a senior care business by 3x in just a few years.

In our discussion, Ketan talks about the importance of aligning your thoughts, emotions, and actions. While most focus on thoughts and actions, it's the emotion that can have a major impact on whether or not you are successful.

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Key Takeaways

  • Going from non-English speaking immigrant to multifamily syndicator and coach

Once our thoughts, emotions, and actions are aligned, we are unstoppable.

  • Making your journey to financial freedom faster and more pleasant
  • An example of how to align your thoughts, emotions, and actions for positive results
  • How to find clarity on what your key challenges are

The transformation of challenges takes two steps: Step one is awareness, and step two is fixing it.

  • Hyperbolic Discounting: $100 today vs. $150 in a week; most take the $100
  • There's always more time, it's just a matter of how you use it.

If you put the Focus app on your phone to monitor your habits, you will be surprised at how you are truly using your time.

  • How Ketan worked with other investors and raised $10MM
  • The Improvement Triangle: Taking action, getting and digesting feedback, and implementing improvements based on feedback
  • How to find clarity in what role would be best for you as an investor
  • The importance of trying new things and not being fixated on results

You're either going to be comfortable in your limitations or excited at the possibilities.

  • Ketan's big 'aha' moment: He realized he was getting in his own way
  • Other ways to gain clarity and stop the self-sabotage
  • How do you manage your emotions and use them to your advantage?

Thoughts are for the brain, emotions are for the body.

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Apparent Failure:

In my first business, I lost time, money, and energy but it gave me the tools and insights to improve my next business.

Digital Resource:

Trello (Project Management)

Most Recommended Book:

Becoming Supernatural: How Common People Are Doing the Uncommon (Dr. Joe Dispenza)

Daily Habit:

Meditation

Wish I Knew When I Was Starting Out:

I wish I knew the power of emotions.

Curious About Right Now:

Getting more conscious of my thoughts and actions.

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GreCo

Contact Ketan:

Ketan Patel

[email protected]

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Multifamily InsightsBy John Casmon

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