Passive Wealth Principles

Passive Wealth Principles

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Passive Wealth Principles episodes

  • Nick Stageberg | The Epitome of Great Leadership

     Nick Stageberg |   Create Frameworks in Your Life to Unlock Success

    An industry leader in real estate investing and property management, Nick Stageberg, is the founder and principal of Black Swan Real Estate, a family real estate investment firm that owns and manages a rapidly expanding portfolio in Oklahoma City and Rochester homes.

    Nick is also a career technologist with over 15 years of experience in the software development, architecture, and management space, a passionate advocate for Lean and Agile management methodologies in software who applies these same cutting-edge practices to real estate in a unique way.

    In today's episode of the Passive Wealth Principles podcast, Nick will join Jake Harris for an insightful conversation about his journey to financial freedom and his first-order principles of understanding things.

    You will find out a little bit about Nick’s personal and professional background, his experience with his first start-up business and how a big failure actually led him to the ultimate success.

    Nick will talk about how the worst thing that happened to you can actually be the best thing that had ever happened.

    You will learn how Nick got into the real estate business and how a Tony Robisn seminar changed his mindset.

    You will also find out why you need to ask yourself higher-quality questions to become successful

    Nick will talk about the business model of his real estate company and will reveal how you can systematically create frameworks in your life to unlock unlimited amounts of success.

    You will learn how you can create both logical and psychological solutions and become an amazing leader in every area of your life.

    You will also find out what are queue depth and queue velocity and how Nick uses these metrics to manage every aspect of his life

    He will also reveal how he manages the happiness of his team, why it is important to do that and so much more.

    Listen now to get significant amounts of value from this new  Passive Wealth Principles podcast episode! 

    What You’ll Learn in this Show: 

    • Why you need to ask yourself higher quality questions to become successful
    • The business model of Nick’s real estate company
    • How to systematically create frameworks in your life to unlock unlimited amounts of success
    • How you can create both logical and psychological solutions and become an amazing leader in every area of your life
    • What are queue depth and queue velocity and how Nick uses these metrics to manage every aspect of his life
    • And so much more...


    Resources:

    Catchknives.com 

    Blackswanteam.com 

    Books:

    The Alchemist


    1 hr 8 min
  • What I Learned (Joe Wechsler)

    In this new “What I Learned...” episode of the Passive Wealth Principles Podcast, Jake Harris breaks down his interview with Joe Wechsler, the CEO of VirtuAlly, a rapidly growing telehealth company, and the Managing Director at Blueline Ventures, a middle-market business acquisition company he founded in 2020.

    In his short summary of Joe's interview, Jake shares some important nuggets he gained from their conversation.

    You will find out how travelling and living in different countries impacted Joe's career in a positive way.

    Jake will talk about Joe’s experience as a healthcare consultant and business strategist and he will discuss why using an hourly rate for management consulting can be problematic.

    You will learn why and how Joe transitioned from consulting to business acquisition, you will find out about some of the struggles and the achievements he had in this industry, why it took him 18 months to buy his first business, how buying more businesses can become a passive way to grow your passive wealth and so much more.

    Listen now and enjoy another What I Learned episode!

    What You’ll Learn in this Show: 

    • How traveling and living in different countries impacted Joe's career in a positive way
    • About Joe’s experience as a healthcare consultant and business strategist
    • Why using an hourly rate for management consulting can be problematic
    • Transitioning from consulting to business acquisition
    • Why it took Joe 18 months to buy his first business
    • How buying more businesses can become a passive way to grow your passive wealth
    • And so much more...


    Resources:

    Catchknives.com

    20 min
  • Joe Wechsler | Business Buying Practices

    Joe Wechsler is the CEO of VirtuAlly, a rapidly growing telehealth company, and the Managing Director at Blueline Ventures, a middle-market business acquisition company he founded in 2020.

    His experience includes large organizations and entrepreneurial settings, as well as leading and motivating worldwide teams and driving strategic initiatives at large scales.

    Joe is an accomplished advisory leader with experience in strategic planning, project management, organizational transformation, and M&A integration planning and management.

    In today's episode of the Passive Wealth Principles podcast, Joe will join Jake Harris for an insightful conversation about his journey to success and will also uncover some effective business buying practices.

    You will find out more details about Joe’s background and origin story and some of the experiences that shaped him into who he is today.

    You will also learn how Joe started a real estate development company in his mid-20s.

    Joe will share how he started working in management consulting and will talk about his experience as a healthcare consultant and business strategist, the struggles and the achievements he had in this industry. 

    He will also talk about how he transitioned from consulting to business acquisition, will share some of the lessons he learned when he acquired his first business, will discuss the importance of due diligence and so much more.

    Listen now and enjoy!

    What You’ll Learn in this Show: 

    • How Joe started working in management consulting 
    • Joe’s experience as a healthcare consultant and business strategist: struggles and achievements
    • When is the best time to exit a business?
    • Transitioning from consulting to business acquisition
    • Some of the lessons Joe learned when he acquired his first business
    • And so much more...


    Resources:

    Catchknives.com 

    Blueline-ventures.com

    Virtually.io

    Joe’s LinkedIn

    The Bigger Pockets Business Podcast


    Books:

    Built to Sell: Creating a Business That Can Thrive Without You

    Buy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Game

    HBR Guide to Buying a Small Business: Think Big, Buy Small, Own Your Own Company


    57 min
  • What I Learned (Devin Elder)

    In this new “What I Learned...” episode of the Passive Wealth Principles Podcast, Jake Harris breaks down his interview with Devin Elder, the principal of DJE Texas Management Group, a very big multifamily investing operation in San Antonio, Texas.

    In his short summary of Devin’'s interview, Jake shares some important nuggets he gained from their conversation.

    You will find out why Devin left his W2 job and what were some of his first steps to success.

    Jake will talk about some of the pain points and challenges Devin faced and lessons he learned along the way.

    You will learn more about Devin's journey into multifamily investing and the path he took to achieve financial freedom.

    Jake will share why entrepreneurship is the ultimate self development vehicle, will talk about some of Devin's goals and vision for the next three years, will share why delegating is important and how to do it effectively and so much more.

    Listen now and enjoy another What I Learned episode!

    What You’ll Learn in this Show: 

    • Why Devin left his W2 job and what were some of his first steps to success
    • The pain points and challenges Devin faced and lessons he learned along the way
    • The path Devin took to achieve financial freedom
    • Why entrepreneurship is the ultimate self development vehicle
    • Devin's goals and vision for the next three years
    • And so much more...

    Resources:

    Catchknives.com 

    Books:

    Oversubscribed: How To Get People Lining Up To Do Business With You

    19 min
  • Devin Elder | Pain is The Raw Material for Your Next Success

    Devin Elder is the principal of DJE Texas Management Group, a very big multifamily investing operation in San Antonio, Texas, that has managed all aspects of the acquisition, repositioning and disposition of over 250 real estate projects.

    Devin also has other avenues of business, he's done some land deals, he's doing some flex industrial and he's got a coaching program that teaches people how to buy multifamily assets.

    In today's episode of the Passive Wealth Principles podcast, Jake Harris will have an insightful conversation with Devin abo how he built his business, how he exited his W-2 income and how he started to systematize his success.

    You will learn more about how Jake and Devin first met at a GoBundance event and what were some of the action steps that Devin took away from this meeting.

    You will find out how and why Devin decided to leave his W2 job and what were some of the first steps that took him to a successful business.

    Devin will also talk about the importance of delegating and how to delegate effectively.

    He will share how he started his journey into the multifamily investing space and will reveal some of the pain points and challenges he encountered along the way and the lessons he learned from them.

    He will also talk about his Bitcoin near billionaire status, will share some of the systems that he has put in place to unlock more time freedom, his goals and vision for the next 3 years and so much more.

    Listen now and enjoy!


    What You’ll Learn in this Show: 

    • How Devin left his W2 job and what were some of the first steps that took him to a successful business
    • The importance of delegating and how to delegate effectively 
    • How Devin started his journey into the multifamily investing space
    • Devin's pain points and challenges along the way and the lessons he learned
    • About Devin’s Bitcoin near billionaire status 
    • What are Devin’s goals and vision for the next 3 years
    • And so much more...


    Resources:

    Catchknives.com 


    Books:

    The Bitcoin Standard: The Decentralized Alternative to Central Banking 

    The Fiat Standard: The Debt Slavery Alternative to Human Civilization

    Oversubscribed: How To Get People Lining Up To Do Business With You


    1 hr 4 min
  • What I Learned (Adrian Accay)

    In this new “What I Learned...” episode of the Passive Wealth Principles Podcast, Jake Harris breaks down his interview with Adrian Accay,  a successful entrepreneur and real estate investor who managed to leverage and free up his time so that he can spend more quality time with his family and do the things he loves to do.

    In his short summary of Adrian's interview, Jake shares some important nuggets he gained from their conversation.

    You will find out who Adrian is and how his background influenced the man he is today.

    Jake will talk about Adrian’s experience visiting Damascus, his parent's origin country, and how it helped him in his career.

    You will learn how being exposed to different cultures also created an opportunity to think in a different mindset.

    You will also learn how working within an existing business can help you identify opportunities.

    Jake will also talk about how Adrian leveraged his high income earning position to start investing in real estate, as well as about  Adrian’s passion for Brazilian jujitsu and some important lessons he took from practising it and so much more.

    Listen now and enjoy another What I Learned episode!

    What You’ll Learn in this Show: 

    • How being exposed to different cultures also created an opportunity to think with a different mindset
    • About Adrian’s experience in the retail side of the pharmacy business
    • How working within an existing business can help you identify opportunities
    • How Adrian leveraged his high-income earning position to start investing in real estate
    • About Adrian’s passion for Brazilian jujitsu and some important lessons he took from practicing it
    • And so much more...


    Resources:

    Adrian Accay | Passion and Perseverance: The Keys to Success

    Catchknives.com


    15 min
  • Adrian Accay | Passion and Perseverance: The Keys to Success

    Adrian Accay is a successful entrepreneur and real estate investor who managed to leverage and free up his time so that he can spend more quality time with his family and do the things he loves to do.

    A pharmacist himself, Adrian founded, in 2013, RiteChoice Pharmacy, with the mission to bring friendly, affordable, and accessible pharmacy services to Philadelphia and the surrounding area, by simplifying the pharmacy process for their patients, partners, and providers. 

    He is also the Chief Executive Officer of AMA Capital Holdings and the owner of Gracie Jiu-Jitsu Boca Raton.

    In today's episode of the Passive Wealth Principles podcast, Jake Harris will have an insightful conversation with Adrian about his incredible journey and the way he managed to achieve the lifestyle he always dreamed about.

    You will find out a little bit about Adrian’s backstory, his experience visiting Damascus, his parent's origin country, every summer as a kid and how it gave him a new perspective on a different way of life.

    Adrian will talk about how his Damascus experience helped Adrian in his career and why he believes it is important to introduce your kids to different cultures.

    You will find out why Adrian decided to go to pharmacy school rather than becoming a doctor like his parents wanted him to be.

    He will talk about the problems he identified in the pharmacy system and the solutions he gave to these problems with his pharmacy business.

    You will also find out how to change your mindset and what you need to do to be able to free up your time when you are a business owner.

    Adrian will also share some of the systems he created to be able to move to Florida, will talk about his passion for Brazilian jujitsu and some important lessons he took from practising it and so much more.

    Listen now and enjoy!

    What You’ll Learn in this Show: 

    • Why it is important to introduce your kids to different cultures.
    • How his Damascus experience helped Adrian in his career 
    • The problems Adrian identified in the pharmacy system and the solutions he gave to these problems with his pharmacy business
    • How to change your mindset to be able to free up your time when you are a business owner
    • About Adrian’s passion for Brazilian jujitsu and some important lessons he took from practising it
    • And so much more...

    Resources:

    Catchknives.com 

    Books:

    E-Myth Mastery: The Seven Essential Disciplines for Building a World-Class Company

    Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not

    Rich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom

    Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones

    54 min
  • What I Learned (Pasha Esfandiary)

    In this new “What I Learned...” episode of the Passive Wealth Principles Podcast, Jake Harris will break down his interview with Pasha Esfandiary, a professional poker player turn into a successful real estate investor.

    In this summary of Pasha's interview, Jake shares some insights he gained from their conversation.

    You will find out how Pasha became a real estate investor and turned into a developer, as well as how he managed to build his passive wealth machine.

    Jake will share some of the most important lessons Pasha learned from his experience as a poker player and how is he still applying them in real estate. 

    You will also learn some details about Pasha’s health routine and his work around emotional intelligence,  why and how you should prepare for living another 100 years and so much more...

    Listen now and enjoy another What I Learned episode!

    What You’ll Learn in this Show: 

    • How poker playing can make you a better investor.
    • How Pasha managed to build his passive wealth machine
    • Why and how you should prepare for living another 100 years
    • About Pasha’s health routine and his work around emotional intelligence 
    • And so much more...


    Resources:

    Catchknives.com

    16 min
  • Pasha Esfandiary | From Poker to Real Estate

    Pasha Esfandiary, co-founder and CEO of Evoke Capital, started his investing career in real estate in 2011 by flipping homes found at auctions. 

    Since then, he has been involved in over $250 million in transactions across multiple asset types. Residential homes, boutique motels, large multifamily properties, and housing programs in vulnerable areas are just some of them.

    He founded Evoke Capital in early 2021 with the goal of helping others achieve financial freedom through real estate investing.

    But what is so unique, interesting and inspirational about Pasha is his amazing background story. 

    Coming from an immigrant family from Iran, Pasha learned some really important lessons from his challenging childhood. Then, at 20 years old he discovered poker and became a professional player, another experience he learned a lot from.

    In today's episode of the Passive Wealth Principles podcast, Jake Harris will have an insightful conversation with Pasha about his interesting journey from being a professional poker player to becoming a successful real estate investor.

    Pasha will talk about emotional intelligence and overcoming adversity in his childhood and will also discuss the power of being responsible for everything in your life.

    You will find out how Pasha’s health journey started and where it is today and why he thinks it is important to live your life as if you’re going to live another 100 years.

    You will learn how Pasha got into the real estate space and what were some of the most important lessons he learned from poker that are helping him today.

    Pasha will also talk about the difference between the poker world and the real estate world, his journey from development to multifamily and so much more.

    Listen now and enjoy!

    What You’ll Learn in this Show: 

    • About Pasha’s background and how he became a poker payer
    • The importance of living your life as if you’re going to live another 100 years
    • How Pasha got into the real estate space
    • The power of making the decision to be happy
    • Some lessons Pasha learned from poker that are helping him in real estate investing
    • Pasha’s secret formula to success in all areas of life
    • And so much more...


    Resources:

    Catchknives.com 

    Evokecapital.net 

    Pasha’s LinkedIn

    Pasha’s Facebook


    Books:

    Die With Zero: Getting All You Can from Your Money and Your Life 

    The Price of Tomorrow: Why Deflation Is the Key to an Abundant Future

    Think and Grow Rich


    1 hr 6 min
  • Litan Yahav | The Best Way to Reach Financial Independence

    A former officer in the Israeli Navy, Litan Yahav founded and successfully sold "Segoma", a revolutionary technology that changed the global diamond industry forever. 

    After his exit, Litan became a passive RE/PE investor with complex & diverse portfolios. 

    As there was no existing technology solution to manage, track, and monitor his wealth, he decided to create a startup to plan and control his wealth and the wealth of others like him. 

    Therefore, he founded Vyser, a company that simplifies complex finances, builds endless automation, adds valuable insights, and empowers investors to manage and control their wealth.

    In today's episode of the Passive Wealth principles podcast, Jake Harris will have an insightful conversation with Litan about his very interesting journey and the invaluable lessons he learned on the way.

    You will find out a little bit about Litan’s background and how he became an investor.

    He will talk about how he got into the diamond industry and what he did to change it forever.

    You will find out what is a Kimberley Certificate and how it works in the diamond industry.

    You will also learn what Litan does with his business to help people be more organised in their passive investments.

    Litan will share how he started evolving as a passive investor, the main reason he joined GoBundance, the best way to reach that financial independence and so much more.

    Listen now and enjoy!

    What You’ll Learn in this Show: 

    • How Litan got into the diamond industry and what he did to change it forever
    • How Litan started evolving as a passive investor
    • The main reason Litan joined GoBundance
    • The best way to reach that financial independence
    • What Litan does with his business to help people be more organized in their passive investments
    • And so much more...


    Resources:

    Catchknives.com 

    Litan’s LinkedIn

    Litan’s Facebook

    Litan’s Twitter


    Books:

    Never Split the Difference: Negotiating as if Your Life Depended on It 

    Thinking, Fast and Slow



    1 hr 15 min

About Passive Wealth Principles

From the publisher's feed

You are listening to the Passive Wealth Principles Podcast. Your host; Jake Harris is the founder of an award-winning real estate investment firm and actively investing in commercial real estate all over the country. This show allows you to tune into interviews, dive deeper and deconstruction many passive wealth principles not just from investing but tactics, strategies, and many fascinating ways in which people have achieved levels of passive wealth.