We all make mistakes, but learning from them and getting back up stronger is what really matters. Today’s guest, Michael “Mike” Morawski, talks about that in this episode. Mike is a 30+ year real estate investment veteran. He has controlled over $285,000,000 in real estate transactions. Mike is an entrepreneur, author, real estate trainer, public speaker, and personal coach with strong, personal resilience, and a deep desire to help others live extraordinary lives. He has coached hundreds of real estate investors to fulfill their dreams.

In this episode, Mike will share with us his amazing story of facing adversity after committing a mistake and getting back up to inspire others. He talks about why we should not let our struggles in life bring us down and why paying attention to the little details in our business and careers is critical. Join us and listen in!

[00:01 – 08:57] Opening Segment

• I introduce Mike to the show
• Mike’s background
• Coming from the construction business
• How he got into real estate
• How many houses he sold in his first nine months
• Mike talks about learning from his mentor
• Being in the coaching and training space

[08:58 – 21:40] Learning from Big Mistakes

• Making the jump to the apartment business
• His thought process
• How Mike scaled his business so fast
• The importance of paying attention to details
• The story behind his federal imprisonment
• Mike talks about the 2008 financial crisis
• Why he was charged with fraud
• His thoughts on failure
• Getting back up
• Why paying attention to red flags is important

[21:41 – 36:32] Coming Back from Adversity

• Making the most out of his time inside the prison
• Working out
• Earning his Bachelor’s degree
• Writing his own books
• Teaching
• Sharing his story with the world
• How Mike realized that he needed to share his story
• Bringing hope and inspiration
• Mike talks about ‘My Core Intentions’

[36:33 – 42:10] The Current State of the Real Estate Market

• Underwriting a deal
• Be conservative
• Mike talks about Class-C properties

[42:11 – 44:30] Closing Segment

• A preview of the next episode
• How you can connect with Mike
• Mike’s e-book
• Closing words

Tweetable Quotes:

“I think in order for us to be successful, we have to master the mundane boredom, the basic fundamentals, do those same things over and over again. It's old school stuff.” - Mike Morawski

“Go help somebody else. Do something for somebody else, help somebody else achieve their goal, and you will achieve your goal.” - Mike Morawski

“Failure is only if you don't get back up. You could stub your toe, but what are you going to do? Are you going to just let it keep you down, or are you going to get back up?” - Mike Morawski

Resources Mentioned:

• Exit Plan by Mike Morawski

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Socials and Links

Connect with Mike on LinkedIn!

Mike’s email: [email protected]

Check out My Core Intentions on its website and Facebook page!

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