Mandy and I dove into a captivating conversation on the Life and Listings podcast. She recounted her journey from a farm kid with a volleyball scholarship to chasing economic success in Chicago. Her realization that a life on call, despite avoiding medical school, led her to pivot towards real estate investments, a math problem offering a life of choice. We bonded over the concept of doing it all, not all at once, and the importance of seeing others like us thriving in our desired fields before feeling capable ourselves. Mandy shared her initial hesitation at real estate investing groups, acknowledging imposter syndrome and how overcoming it led to her success. Her approach to time management, leveraging "deep work" principles, and involving her kids in the investment process resonated deeply. She emphasized the significance of clarity in investment goals and the big three: population, job, and GDP growth in selecting markets. We discussed the power of knowing precisely what you're looking for and how it accelerates investment decisions. Mandy's passion for guiding others in finding their investment focus shone through, directing those interested to her website or email for further guidance. Overall, the conversation highlighted empowerment, overcoming hurdles, and the joy of helping others along their investment journey.
Episode Highlights
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Clarity in Investment Goals: Being clear about investment goals leads to better investment choices.
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Big Three Criteria for Markets: Choose markets based on population, job, and GDP growth for successful investment alignment.
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Overcoming Imposter Syndrome: Pushing through self-doubt is crucial; taking the first step despite feeling inadequate leads to progress.
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Deep Work and Time Management: Implementing deep work principles and time blocking enhances productivity and focus.
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Guidance for New Investors: Practice clarity in location and property type selection; hone judgment through deal evaluation for confident investment decisions.
“This idea of people think that they can multitask, you're not multitasking, you're task switching. So what you're doing is making your brain go from deep work back up to the surface to figure out how to get concentrated again, and go back up. If you just get into concentrated mode and can focus for even 20, 30, 40 minutes, then you get so much more done than if you were having to come up for air 142 times.”
Connect with Jennifer Staats:
Website: staatssolutions.com
Instagram - Staats Solution: https://www.instagram.com/staatssolutions/
Instagram - Jennifer Staats:https://www.instagram.com/jennifertherealtor
LinkedIn: https://www.linkedin.com/company/staatssolutions/
Connect with Mandy McAllister:
www.Mandymcallister.com
[email protected]
Facebook https://www.facebook.com/Officialmandymcallister/
Instagram https://www.instagram.com/officialmandymcallister/
TikTok
LinkedIn: https://www.linkedin.com/in/mandymcallister/
YouTube: https://www.youtube.com/MandyMcAllister
GoBundance Women: https://www.gobundancewomen.com/
GoBundance Women Instagram: https://www.instagram.com/gobundancewomen/
Links to frequently discussed items:
Time blocking: https://www.mandymcallister.com/post/the-cure-to-overwhelm-time-blocking