In this episode of "Know Your Why Podcast," Dr. Jason Balara interviews Jake Falcon, a seasoned financial advisor with nearly 20 years of experience in the financial services industry. They discuss the importance of financial planning, strategies for navigating uncertain markets, and practical steps for preparing for retirement.

Key Highlights:

- Background: Jake shares his journey from aspiring golf pro to financial advisor, highlighting his passion for finance and client service.

- Financial Services Model: Jake discusses Falcon Wealth Advisors’ unique in-house investment management approach, emphasizing personalized strategies for clients without product-based sales.

- Market Strategies: The episode addresses adapting financial strategies during uncertain times, including aligning assets with goals, building cash reserves, and balancing stocks and bonds.

- Retirement Planning: Jake emphasizes the significance of having a financial plan and discusses his book, "Retiring Right," which serves as a guide for individuals at any stage of retirement planning.

- Core Values: Jake reveals his personal "why" and the mission of his firm—to inspire clients to live happy and healthy lives by enhancing their financial literacy and overall well-being.

- Client Relationships: The importance of understanding clients’ motivations and goals is highlighted, along with the need for regular check-ins to adjust financial plans as life circumstances change.

Conclusion:

This episode provides valuable insights for anyone looking to enhance their financial knowledge and prepare for the future. Tune in to learn from Jake Falcon’s years of experience and gain practical advice to help you navigate your financial journey!

Get in touch with Jake:

https://falconwealthadvisors.com/index.html

https://geni.us/RetiringRight

https://www.youtube.com/@UpticksPodcast

https://www.instagram.com/jake_falcon_crpc/

https://www.facebook.com/jake.falcon.524 https://www.linkedin.com/in/jakefalconfalconwealthadvisors/

In this episode of "Know Your Why Podcast," Dr. Jason Balara interviews Shawn DiMartile, a former air traffic controller who transformed his life by diving into real estate investing. Shawn shares his journey, challenges faced, and insights gained through investing in multifamily properties and transitioning to development projects in California.

Dr. Jason Balara interviews Travis Watts on this new episode of the Know Your Why podcast, discussing the changing real estate landscape in 2024. Travis, a full-time limited partner investor, shares insights on the impact of rising interest rates on commercial real estate and the opportunities presented by discounted valuations.

He emphasizes the benefits of diversification, passive income, and cash flow investing. Travis also highlights the importance of operational efficiencies, such as vertical integration and cost-saving procurement strategies.

Key Highlights:

1. Interest rates have surged, impacting commercial real estate differently from residential real estate.

2. Opportunities exist to invest in commercial real estate at discounted prices, with potential for significant returns.

3. Supply and demand dynamics point to a future shortage of rental units, increasing the value of existing properties.

4. Emphasizing the benefits of dollar-cost averaging, diversification, and focusing on cash flow rather than mere speculation on appreciation.

5. Implementing operational efficiencies like vertical integration and custom procurement processes can enhance returns and investor value.

6. Timing is crucial, with a short-lived window to capitalize on market downturns and discounted opportunities for growth in the real estate sector.

Get in touch with Travis:

https://www.instagram.com/passiveinvestortips https://www.facebook.com/passiveinvestortips https://www.linkedin.com/in/traviswatts1234

In this special episode of the Know Your Why Podcast, Dr. Jason Balara welcomes back Jerome Myers for a second appearance. Jerome, the founder of Myers Methods and a multifaceted entrepreneur, discusses his journey through different ventures and his latest focus on helping business owners transition from their companies with purpose and fulfillment.

Key Highlights:

1. Career Path and Corporate America:

- Jerome shares his journey from studying engineering and playing football to working in the power industry as an entry-level engineer.

- Highlights his rapid career progression, ending up leading a large team and generating significant revenue, only to experience the harsh realities of corporate downsizing.

2. Transition to Real Estate:

- Describes his pivot to real estate investing, inspired by the allure of passive income and decoupling time from money.

- Chronicles his early challenges and successes in acquiring real estate, managing properties through the COVID-19 pandemic, and achieving high equity multiples.

3. The Search for Fulfillment:

- Discusses the void he felt despite financial success in real estate and his shift towards finding fulfillment.

- Highlights the importance of impact and helping others achieve their dreams.

4. Founders Exit Paradox:

- Introduces his new mission, the "Founders Exit Paradox," focused on helping business owners navigate the existential crisis often faced post-exit.

- Emphasizes the importance of preparing for an exit and finding purpose beyond financial success.

5. Nourish, Evaluate, Explore, Transcend (NEXT) Framework:

- Explains the four-step process to help individuals identify their next steps post-exit.

- The importance of self-awareness and understanding one's strengths to navigate transitions successfully.

6. Legacy and Impact:

- Discusses the concept of work optional and the importance of creating a meaningful legacy.

- Shares personal insights on the significance of living a purpose-driven life and making a lasting impact on others.

Get to know Jerome:

www.theexitparadox.com/assessmenthttps://

www.instagram.com/coachjeromemyers/

https://www.linkedin.com/in/jeromemyers/

In this episode of the Know Your Why Podcast, Dr. Jason Balara interviews Jon Harp, a seasoned realtor leading a successful real estate team in Columbus, Ohio. Jon shares his journey from college to building a prominent real estate team, discussing the importance of mentorship, adaptability in changing markets, and his dedication to helping other agents succeed.

Key Highlights:

1. Journey into Real Estate:

- Jon started his real estate career in 2011, inspired by the popularity of HGTV flipping shows.

- Initially joined the real estate industry to understand investing better but found a passion for helping other agents grow.

2. Importance of Mentorship:

- Jon highlights the role of his mentor, Ryan, in shaping his career.

- Emphasizes the value of finding the right mentor and learning through an apprenticeship model to accelerate personal growth in the industry.

3. Adapting to Market Changes:

- Discusses how the real estate market can fluctuate and the importance of staying adaptable.

- Identifies the need for real estate agents to focus on clients who have compelling reasons to move, such as job relocations, family changes, or financial necessities.

4. Training and Supporting New Agents:

- As the leader of a 43-agent team, Jon focuses on training new agents.

- Believes in identifying the best lead generation methods for each agent based on their personality, hobbies, and interests to maximize their success.

5. Long-Term Vision:

- Jon and his team consistently think 10 years ahead, building their activities today to achieve future goals.

- Maintains a continuous growth mindset, aiming to expand and adapt to market conditions.

6. Personal Motivations and Interests:

- Shares his love for sports and his enjoyment in exploring the United States, particularly through camping and outdoor activities.

Get in touch with Jon:

https://www.instagram.com/jonharp_

https://www.facebook.com/harpjon

https://www.linkedin.com/in/harpjon/

Real Estate Cheat Code: https://www.facebook.com/realestatecheatcode

In this episode of the Know Your Why Podcast, Dr. Jason Balara sits down with Michael Cannivet, founder, president, and chief investment officer of Silverlight Asset Management. Michael discusses his journey from discovering the stock market in college to founding his own investment firm.

They delve into financial strategies, the importance of risk management, and the intriguing idea behind his book, "The Four Minute Retirement Plan".

Key Highlights:

1. Early Career and Lessons from the Tech Bubble:

- Michael’s introduction to the stock market during an internship at a venture capital firm during the tech bubble of 2000.

- Insight into risk management and the parallels between the tech bubble and subsequent market crashes.

2. Experience at Fisher Investments:

- Worked as a research analyst specializing in equities and gained firsthand experience of managing investments during the 2008 financial crisis.

3. Completion of Silverlight Asset Management and Entrepreneurial Journey:

- After significant growth at a registered investment advisory firm, Michael launched Silverlight Asset Management in 2017.

4. Passive vs. Active Investing:

- Discussion on the dramatic increase in passive investments from 2013 to 2023.

- Michael emphasizes the importance of mixing active investments with passive ones to mitigate risks and maximize returns.

5. Navigating Investment Trends and Market Cycles:

- Impact of social media on investor sentiment and stock values.

- Strategic approaches to trading big-cap stocks like NVIDIA and Apple, and the importance of valuation and market cycles.

6. Personalized Financial Planning Through Storytelling:

- Michael introduces a unique approach to financial planning by incorporating personal stories and values.

- Highlights the psychological and motivational benefits of viewing financial plans as part of a larger life narrative.

https://michaelcannivet.com/

www.silverlight.us

https://www.forbes.com/sites/michaelcannivet/

https://www.linkedin.com/in/michael-cannivet-1684bb111/

In this new episode of the Know Your Why Podcast, Dr. Jason Balara chats with Casey Gregerson, a serial entrepreneur who has successfully navigated industries from real estate to sports and fitness.

Casey shares his journey from his first property purchase in college to developing integrated real estate businesses across multiple regions.

Key Highlights:

1. Early Beginnings and First Property:

- Bought his first property in Laramie, Wyoming while in college, effectively house hacking with roommates.

- Inspired by "Rich Dad, Poor Dad," he started focusing on assets and liabilities, leading to further real estate investments.

2. Balancing W2 Job and Real Estate:

- Worked as a petroleum engineer for Shell, utilizing field assignments to manage and expand his rental property portfolio.

- Explains the challenges and strategies of managing properties remotely.

3. Building Integrated Real Estate Verticals:

- Developed a fully integrated company with specialized teams for marketing, construction, and property management.

- Emphasized the importance of hiring and training virtual assistants (VAs) for property management tasks.

4. Overcoming Market Challenges:

- Adapted to competitive markets by establishing a direct-to-seller approach, utilizing direct mail, cold calling, and online ads.

- Successfully scaled to managing multiple properties and teams in Wyoming, Montana, and other regions.

5. Raising Capital and Expanding:

- Recently started Bighorn Capital Fund to raise capital, allowing more flexibility and growth opportunities in real estate investments.

- Aims to help others, especially oil and gas professionals, to invest in real estate without having to manage properties directly.

6. Personal Motivation and Future Goals:

- Left his W2 job to gain more control over his time and prioritize family, specifically coaching his children's sports teams.

- Plans to continue growing vertically integrated real estate operations and expand his capital fund to involve more investors.

Get in touch with Casey:

https://caseygregersen.com/

In this inspiring episode of the Know Your Why Podcast, Dr. Jason Balara sits down with Vlad Arakcheyev, a New Jersey-based multifamily investor and real estate agent. Vlad shares his journey from being a graphic designer to establishing Zontik Ventures, a company focused on achieving financial independence for his family and investors.

Key Highlights:

1. Journey to Real Estate:

- Transitioned from graphic design to real estate after being furloughed during COVID-19.

- Faced initial challenges but persevered to establish himself in multifamily investments.

2. The Power of Networking:

- Importance of attending meetups and networking events despite the challenges posed by the pandemic.

- Built connections that led to significant opportunities in multifamily investments.

3. Embracing Multifamily Investments:

- Moved from single-family flips to multifamily properties for better scalability and security.

- Joined a multifamily mentorship program to gain education and credibility.

4. Initial Success and Scaling:

- Achieved the goal of acquiring 200 units in the first year.

- Raised over a million dollars for the first deal, marking the start of many successful ventures.

5. Mindset and Determination:

- Discussion on overcoming fear and maintaining a driven mindset, using examples from successful athletes.

- Emphasis on starting now and consistently pushing forward, regardless of market conditions.

6. Balancing Life and Work:

- Talks about his goal to balance work and family time, aiming to finish work by noon each day.

- Highlights the importance of being present for his children and achieving a high-quality life.

7. Advice for Aspiring Investors:

- Encourages passive investments for those unable to commit full-time to active investing.

Get in touch with Vlad:

https://zontikventures.com/ http://youtube.com/@vladarakcheyev https://www.youtube.com/@vlada1088 https://www.linkedin.com/in/vladarakcheyev/ https://www.facebook.com/Vlad.Arakcheyev1/ https://www.instagram.com/vlad_arakcheyev/ https://www.tiktok.com/@best_apartment_advice

In this episode of the Know Your Why Podcast Dr. Jason Balara welcomes seasoned real estate investor Dan Lewkowicz . They discuss the evolution of the real estate market over the past few years. They delve into market trends, investment strategies, asset management techniques, tenant scenarios, and personal motivations in the real estate industry. Dan emphasizes the importance of family, legacy building, giving back, financial responsibility, and financial freedom as driving forces behind his success in real estate.

Key Highlights:

1. Dan's transition from house flipping to commercial real estate brokerage.Impact of interest rate changes on cap rates and borrowing costs in commercial properties.

2. Focus on shopping centers, short-term deals, and vacant properties for higher cap rates and forced appreciation.

3. Benefits of triple net leases for landlords and strategies like the "blend and extend" method for equity-building opportunities.

4. Contractual obligations of national tenants with triple net leases to continue paying rent even if they close a location.

5. Dan's personal motivations including family, legacy building, giving back, financial responsibility, and financial freedom.

Get in touch with Dan:

https://www.linkedin.com/in/dan-lewkowicz/

On this episode on the Know Your Why Podcast Dr. Jason Balara and guest Kayla Donovan focus on discussing the M&A landscape in veterinary medicine. Kayla shares her journey from aspiring equine vet to business development in veterinary corporate operations and the importance of strategic transitions in the industry.

The discussion touches on the evolving market dynamics, impact of private equity in veterinary practices, challenges faced by practice owners during transitions, and the significance of planning for practice transitions.

Key Highlights:

1. Kayla's shift from veterinary medicine to business development in veterinary corporate operations.

2. Her experience in the M&A space, helping veterinary practices transition and plan for their futures.

3. Insights into the changing landscape of veterinary practice ownership and the importance of business acumen.

4. Strategies for practice owners to increase the value of their practices before selling.

5. The emotional and strategic considerations involved in transitioning ownership of a practice.

https://evotransitionpartners.com/

https://www.linkedin.com/in/kayla-donovan-73a88436/