Rx Investor Podcast

Rx Investor Podcast

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Rx Investor Podcast episodes

  • The Mindset Shift from Being a Risk-Averse Pharmacist to a Risk-Tolerant Investor with Quynh Vu

    Get your dose of inspiration today from Quynh Vu as she speaks on how to shift from being risk-averse to risk-tolerant in this episode! The biggest reason people hesitate to invest in real estate or any business is the fear of taking risks. After working as a retail and hospital pharmacist for 16 years, Quynh realized that her job was not secure and having just one source of income was also a big risk.

    As a pharmacist, Quynh was risk averse. But something changed her mindset. She decided to leave her job and focus her energy on achieving financial freedom and generational wealth through real estate. Find out what changed her mindset and how she became successful. Listen now!

    Key Points from This Episode:

    • Quynh’s experience working as a retail pharmacist at Walmart and in a hospital.
    • The pressure of being a pharmacist in a hospital.
    • What motivated Quynh to keep moving forward in her career as a pharmacist?
    • Quynh’s advice to those who feel stuck in their jobs or want to leave retail pharmacy to move to a hospital. 
    • The difference between retail and hospital pharmacists.
    • Why and how did Quynh get into real estate investing?
    • How long it took for Quynh to become convinced to start investing.
    • How to know if you are ready to invest.
    • Quynh’s first investment and how they got the deal.
    • Quynh’s coaching business.
    • The challenges she faced in her journey and what she would have done differently knowing what she knows now.
    • A smart way to know what action to take to achieve your end goal.

    Tweetables:
    “Having only one source of income is very risky too.” [00:25:06]
    “Starting with the end in mind is important. Once they know what they want then they also have to figure out how to get there.” [00:37:31]
    “There’s a lot of different ways that you can invest. People have to look inside of them and see what their risk tolerance is.” [00:38:32]

    Links Mentioned:
    The Wealth Building Agent website
    The Psychology of Money
    Our San Diego Home

    Follow Quynh Vu on:
    LinkedIn
    Facebook
    Instagram
    TikTok
    YouTube

    Connect with us!
    Claude Condo on LinkedIn
    Jeff Stark on LinkedIn

    About Quynh Vu
    Quynh and her husband purchased their first home at 23 while still in college and have always owned a home since then. In 2018, her husband started investing in real estate to help them find ways to create more passive income while she worked as a pharmacist. They now own numerous properties, including accessory dwelling units (ADUs), condos, duplexes, and single-family homes used as vacation homes and long-term r

    The main sponsor of our podcast is Rx Real Estate Investment. They make everything we do possible, and our conversations and interviews would not be available without their support. If you want to diversify your retirement portfolio and get into commercial real estate investing, working with Rx Real Estate Investment may be a great match for you. Check out the website at www.rxrei.com. 

    Connect with us!
    Jeff Stark
    Claude Condo
    Newsletter

    50 min
  • How to Realize Your Passion and Think Like an Entrepreneur with Blair Thielemier, PharmD

    Learn how to become a “Pharmapreneur” in today’s episode with Blair Thielemier! Blair’s passion is to level-up pharmacy into a value-based healthcare model, and is currently training and coaching pharmacists looking to invest or start their businesses. 

    Blair touches on the mindset and limiting beliefs that pharmacists and healthcare professionals must overcome so they can move towards achieving their goals and passion in life. She shares three “pharmapreneurial” paths that pharmacists can take as they begin their journey to becoming entrepreneurs. Blair believes that pharmacy practice is changing so she trains pharmacists to become ready to adapt to these changes in the industry through PharmapreneurAcademy.com. Listen now to learn more!

    Key Points from This Episode:

    • Blair worked in a clinical hospital pharmacy before she became an entrepreneur.
    • Losing her job led her to a new path.
    • The challenge she faced and how it brought her to work with independent pharmacies.
    • Blair’s passion for entrepreneurship and how she started pursuing it.
    • What is the first step to transition out of retail?
    • The three “pharmapreneurial” paths.
    • The physician’s office path.
    • The pharmacy-based path.
    • The patient-paid path. 
    • How do you find your passion?
    • The mindset or limiting beliefs that hinder pharmacists from pursuing their passion and how to overcome them.
    • Blair talks about PharmapreneurAcademy.com.
    • Blair’s vision and goals for PharmapreneurAcademy.com and how they help pharmacists and other healthcare professionals.

    Tweetables:

    “[Passion] begins to help you realize that you have more power over the way that you practice than maybe what you even realize.” [00:16:39]

    “If pharmacists and healthcare professionals in general can see themselves as healers, then the question can be, ‘Are patients getting better or worse in this intervention?’” [00:16:54]

    “The last thing that I want pharmacists to do is to go out and create a business around something that they are not passionate about. It’s like just creating another job for yourself that you don’t enjoy.” [00:12:27]

    Links Mentioned:

    PharmapreneurAcademy.com

    Free Resource!

    Blair on LinkedIn

    Blair on Facebook

    Blair on Instagram

    Blair on YouTube

    About Blair Thielemier, PharmD

    Blair Thielemier is a business development consultant specializing in pharmacist-led billing models. She consults on and produces e-learning programs for state and national organizations, pharmacy wholesalers, payers, and technology start-ups. Blair has books and online courses available for individuals looking to leverage their pharmacy knowledge into monetized clinical programs at PharmapreneurAcademy.com. She speaks internationally about trends in leveraging pharmacists to improve value-based care.


    Connect with us!

    Claude Condo on LinkedIn

    The main sponsor of our podcast is Rx Real Estate Investment. They make everything we do possible, and our conversations and interviews would not be available without their support. If you want to diversify your retirement portfolio and get into commercial real estate investing, working with Rx Real Estate Investment may be a great match for you. Check out the website at www.rxrei.com. 

    Connect with us!
    Jeff Stark
    Claude Condo
    Newsletter

    42 min
  • Finding Purpose and Success in Business Ownership and Helping Others Achieve The Same with Owen BonDurant

    Today’s guest, Owen BonDurant, shares his valuable perspective on the pharmacy industry. If you are an employee looking to become a business owner, this episode is for you!

    Owen’s father brought him up in the pharmacy industry and he has mastered every part of this business. Today, he’ll teach us about business ownership, how to find a business partner, effective strategies to implement in your pharmacy business, and his forecast for the pharmacy industry. Listen now!


    Key Points from This Episode:

    • How Owen was trained from a very young age to have a business management mindset in the pharmacy space.
    • How Owen gets pharmacists into the marketing mentality.
    • Owen talks about his businesses and Independent Rx.
    • Two biggest things that make a partnership work.
    • Owen’s opinion about the pharmacy industry's status and his predictions for this industry in the next three years.
    • Will independent pharmacies remain relevant in the next three to five years?
    • Three things that successful pharmacists do and focus on.
    • Owen’s investments and the lessons he has learned from them.
    • Owen shares his short-term and ultimate goals in life.
    • What’s the next step after achieving success?

    Tweetables:

    “It’s good to have a partner who offsets your skill set.” [00:21:27]

    “You don’t know everything and you can’t do everything.”  [00:34:57]

    “Wealth is when you leverage your time, you leverage your capital, you leverage your resources to get to where you want to be. – Claude Condo [00:41:35]


    Links Mentioned:

    Independent Rx website

    Owen BonDurant on LinkedIn

    Profit First by Mike Michalowicz

    The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It

    The New One Minute Manager by Ken Blanchard, PhD and Spencer Johnson MD

    Traction: Get a Grip on Your Business by Gino Wickman


    About Owen BonDurant

    Owen is 2nd generation entrepreneur (his father Mark BonDurant is Independent Rx Chief Consultant and was Tim Clark's partner in the 30 pharmacies they owned). He currently is an owner with Tim Clark in three pharmacies. He is the founder of Independent Rx which provides services for starting, buying and selling pharmacies as well as a leading accounting firm for independent pharmacies. His pharmacy experience includes almost every role a small pharmacy has to offer from cleaning the bathrooms, and working as a pharmacy technician, to starting, marketing, and running a durable medical equipment company to today helping over 100 people start or buy a pharmacy. He graduated from Miami University of Ohio with a degree in marketing and a minor in management information systems (MIS). 

    He is married, with two children, enjoys playing golf, and strives to travel often.


    Connect with us!

    Claude Condo on LinkedIn

    Jeff Stark o

    The main sponsor of our podcast is Rx Real Estate Investment. They make everything we do possible, and our conversations and interviews would not be available without their support. If you want to diversify your retirement portfolio and get into commercial real estate investing, working with Rx Real Estate Investment may be a great match for you. Check out the website at www.rxrei.com. 

    Connect with us!
    Jeff Stark
    Claude Condo
    Newsletter

    47 min
  • How to Grow a Successful Business and Diversify in Real Estate with Kyle Klitzke

    Kyle Klitzke is not a pharmacist, but he successfully runs a pharmacy! What is his secret sauce for growing his business? In this episode, Kyle will speak on how to start and grow a successful business, the challenges he faced in the first year of his business, and the mindset that helped him overcome every struggle. 

    Our conversation also zeroes in on how to diversify in real estate. Kyle learned that most pharmacists and healthcare professionals find it hard to invest or start a business because they can’t get up from behind the counter to explore other opportunities. Listen now and glean from Kyle’s entrepreneurial journey! 


    Key Points from This Episode:

    • Kyle Klitzke’s childhood and educational background. 
    • How Kyle was able to buy a business at 24 years old with no assets and a huge student loan debt.
    • Hard lessons Kyle learned in business acquisition.
    • Kyle’s mindset that got him through the challenges he faced in running a pharmacy business although he was not a pharmacist.
    • Not being a pharmacist was a drawback, but Kyle saw it as a benefit and opportunity to focus more on growing his business while he hired a pharmacist to stay behind the counter.
    • If you want to diversify, don’t abandon your main business that generates money.
    • Find out your value per hour and prioritize the things that yield a higher return on your time.
    • In real estate investing, you don’t have to learn everything. You can do syndications and earn passively.
    • Kyle learned about investing in syndications through Dr. Jeff Anzalone (Link below on our episode with Dr. Anzalone).
    • Books and podcasts that have educated Kyle about business and investing.


    Tweetables:

    “There’s tons of opportunities in pharmacy, you just got to get up from behind the counter and go get them.” [00:22:50]

    “When you don’t have a plan B, plan A has got to work. You just have to keep working on plan A until something changes.” [00:28:41]

    “Don’t quit letting the main thing be the main thing.” [00:38:17]


    Links Mentioned:

    Community Pharmacy website

    Email Kyle Klitzke

    Episode 7 - Ways to Achieve Wealth and Financial Freedom with Dr. Jeff Anzalone

    The Millionaire Next Door (book)

    Profit First (book)

    Craig Groeschel Leadership Podcast


    About Kyle Klitzke

    Kyle Klitzke is the founder and owner of Community Pharmacy. They currently have 2 retail locations and a long term care division. Unlike most pharmacy owners, Kyle is not a pharmacist. He has a degree in Chemical Engineering from Louisiana Tech University and also pursued his MBA from Auburn University. 


    Kyle's goal has always been to be an entrepreneur and that goal was achieved in 2005 when he acquired Tri-Care Home Medical, a medical equipment supply company and pharmacy. Since 2005, he has acquired and sold Tri-Care Home Medical, started and sold MedNurse, a nurse staffing company, started and sold SanoCare, a wound care company, and started Community Pharmacy.  He devotes mor

    The main sponsor of our podcast is Rx Real Estate Investment. They make everything we do possible, and our conversations and interviews would not be available without their support. If you want to diversify your retirement portfolio and get into commercial real estate investing, working with Rx Real Estate Investment may be a great match for you. Check out the website at www.rxrei.com. 

    Connect with us!
    Jeff Stark
    Claude Condo
    Newsletter

    1 hr 1 min
  • Three Things You Need to Do to Begin Your Investing Journey with Dr. Drew Wiard

    If you’re at the beginning of your investing journey and trying to figure out how to get going, there are three things you have to do – network, educate yourself, and take action. This is how Dr. Drew Wiard started, and we’ll hear about his journey from being a pharmacist to a successful real estate investor in this episode! 

    Listen and be inspired as Dr. Wiard talks about how he scaled from his first house rental to multiple real estate investments! He also shares his mindset shift from being a pharmacist to an investor, what he would have done to scale faster, and tips on doing your due diligence to find the best operator or syndicator. Enjoy the show!


    Key Points from This Episode:

    • Dr. Wiard’s growing up years in Indiana.
    • What led Dr. Wiard to pharmacy? 
    • How he managed to do his residency in the morning, his MBA at night, and buy his first house.
    • Dr. Wiard’s advice to pharmacists who are planning to purchase their first property.
    • What was his mindset when he made his first real estate investment?
    • How has his mindset on investing evolved through the years?
    • What helped him shift from a healthcare professional mindset to an investor mindset?
    • Getting around people who are willing to take risks was pivotal for him.
    • How to organize your time.
    • How to educate yourself about investing.
    • How to create your network.
    • How to take action.
    • Beginning with the end in mind.
    • The highest return on investment will require more of your time.
    • How Dr. Wiard does his due diligence and finds the best operator or syndicator.
    • How he scaled to where he is at today.
    • What he would have done differently to scale faster.


    Tweetables:

    “Networking is the single most important thing because if you’re the average of the five people you hang out with the most, then you probably need to shift whom you hang out with.” [00:17:04]

    “If you’re trying to find time, you’re never going to find it. You have to create it. [00:18:13]

    “You don’t find deals in this market. Good deals are created in this market.” [00:18:19]

    “If you’re at the beginning and you’re trying to figure out how to get going, there are three things you’ve got to do – network, educate yourself, and take action.” [00:18:23]


    Links Mentioned:

    Dr. Drew Wiard on Facebook

    Dr. Drew Wiard on Instagram

    Dr. Drew Wiard on YouTube

    All In Podcast


    About Dr. Drew Wiard

    Born and raised in Indiana, Drew earned his Pharm.D from Purdue University in '05 and went immediately into Residency and MBA. He has been in Hospital Pharmacy Leadership in various roles until retiring from medicine in June of 2022. 

    On the side, Drew has been investing in MULTIPLE real estate investment strategies (rentals, commercial, industrial, NNN, Apartment Syndications, etc...) for the past seven years, allowing him to exit his W2 fully. He can now be found across all social media sharing his love of flying paramotors and his investment journey a

    The main sponsor of our podcast is Rx Real Estate Investment. They make everything we do possible, and our conversations and interviews would not be available without their support. If you want to diversify your retirement portfolio and get into commercial real estate investing, working with Rx Real Estate Investment may be a great match for you. Check out the website at www.rxrei.com. 

    Connect with us!
    Jeff Stark
    Claude Condo
    Newsletter

    47 min
  • Using Real Estate Investing to Serve His Healthcare Purpose with Bryce Platt, PharmD

    Bryce Platt is super focused on his pharmacist career but also invests in real estate. His real estate portfolio allows him to serve his healthcare purpose and take risks in his career.

    In this episode, Bryce talks about the disastrous beginnings of his house hacking journey and the lessons that came out of it. He also explains the house hacking strategy and gives tips for pharmacists who want to try it out. Listen and be inspired by his story!


    Key Points from This Episode:

    • Bryce talks about his life in Kansas City.
    • Why Bryce picked pharmacy and how his career started.
    • His advice for younger pharmacists: invest in your education and network.
    • Bryce has found a way to get real estate investing to serve his healthcare purpose.
    • How his house hacking journey began and the lessons he has learned.
    • Bryce explains the house hacking strategy for pharmacists and other healthcare professionals.
    • Where should pharmacists who want to house hack start?
    • What is Bryce’s goal in the future and what are other areas of real estate or investing that he would like to venture into?


    Tweetables:

    “I see reading as a bigger mentor than anybody I ever had.” [00:10:29]

    “There are all those kinds of things that are risks in your business and if you only have that one income source, you don’t have control of that. [00:20:22]

    “I could see commercial investing as the way to make it even more passive. [00:35:20]


    Links Mentioned:

    Bryce Platt on LinkedIn

    The Two-Hour Job Search

    The House Hacking Strategy


    About Bryce Platt, PharmD

    Bryce Platt, PharmD is a consultant pharmacist at MakoRx and a real estate investor. He earned his Doctor of Pharmacy degree from the University of Kansas. He is a disciplined, growth-minded pharmacist who implements time-saving procedures and process improvements and constructs patient health programs. He used a concierge service to land a 4-by-4 condo in North Carolina, where he plans to take on 3 rent-paying tenants to live for FREE! 

    Bryce is experienced in Medicare, Medicaid, commercial programs, quality improvement efforts such as HEDIS and Star measures, and interprofessional group collaboration. His expertise includes designing and implementing new programs and products that enhance patient health and lower healthcare costs. 

    Bryce is a pharmacist that has created multiple programs that utilize pharmacists to enhance patient health and lower healthcare costs. He completed a post-doctoral fellowship in Population Health Management with Omnicell and Campbell University College of Pharmacy and Health Sciences in July 2019. 


    The main sponsor of our podcast is Rx Real Estate Investment. They make everything we do possible, and our conversations and interviews would not be available without their support. If you want to diversify your retirement portfolio and get into commercial real estate investing, working with Rx Real Estate Investment may be a great match for you. Check out the website at www.rxrei.com. 

    Connect with us!
    Jeff Stark
    Claude Condo
    Newsletter

    41 min
  • Developing the Right Money Mindset with Dr. Adam Broussard

    Dr. Adam Broussard speaks on how to break free from a pharmacist/physician mindset of being afraid to make mistakes to an investor/entrepreneur mindset of being willing to take risks. Dr. Broussard is a practicing Pediatric Anesthesiologist and the founder of Dads Before Doctors, a mastermind group for physicians and other high-achieving fathers. He’ll share some steps in developing the right money mindset.

    Dr. Broussard shares what changed his mindset and how his real estate investing journey began. He explains the benefits of building a passive income through real estate and how to invest in larger deals as a passive investor or limited partner while working as a physician or pharmacist. If you’re a pharmacist or healthcare worker who wants to be in the healthcare field to help people and not just because you need to be there to make a living, then it’s time to shift to the right money mindset! 


    Key Points from This Episode:

    • Dr. Adam Broussard completed medical school and residency at Louisiana State University Health Science Center in New Orleans.
    • During the Covid-19 pandemic, his second son was born, he made his first passive investment in syndication, bought a short-term rental property, and became a life coach.
    • Why does he prefer to build passive income rather than go up the corporate ladder?
    • Who mentored and changed Dr. Broussard’s mindset?
    • Syndications allow investors to purchase a larger property they would not be able to buy on their own.
    • How can a physician or pharmacist build passive income and enjoy all the benefits of investing in real estate without managing the property?
    • The benefits of real estate professional status and how to achieve it.
    • How to shift from a pharmacist to an investor mindset.
    • The steps to have the right money mindset and start building passive income.


    Links Mentioned:

    Dr. Adam Broussard’s website

    Dr. Adam Broussard on Facebook

    Dr. Adam Broussard on Instagram

    Dr Adam Broussard on LinkedIn

    Dads Before Doctors Podcast

    The Life Coach School podcast

    Who Not How

    The Miracle Morning

    Investing for Freedom

    Millonaire Mindcast

    Real Estate CPA Podcast


    About Dr. Adam Broussard

    Adam Broussard is a father of two young boys, Grant (4) and Harrison (2), and married to Nikki. They live in New Orleans, LA where Adam is a practicing Pediatric Anesthesiologist. Adam is the founder of The Five Freedoms Investment Club, a group of accredited investors learning together and sharing knowledge to expand their passive income, and Dads Before Doctors, a mastermind group for physicians and other high-achieving fathers, and a podcast by the same name. In addition, Adam is

    The main sponsor of our podcast is Rx Real Estate Investment. They make everything we do possible, and our conversations and interviews would not be available without their support. If you want to diversify your retirement portfolio and get into commercial real estate investing, working with Rx Real Estate Investment may be a great match for you. Check out the website at www.rxrei.com. 

    Connect with us!
    Jeff Stark
    Claude Condo
    Newsletter

    58 min
  • Starting a Successful Business and Laying Down Actionable Steps to Achieve the Life of Your Dreams with Lindsay McLaughlin, RN

    Lindsay McLaughlin works hard to achieve her goals and is passionate about helping other women achieve their biggest dreams, too. When working as a nurse, she dreamed of having the time freedom to raise her kids and do what she wanted. She wrote down her goals for the next five years and designed actionable steps to achieve the life of her dreams. 

    After seven years, Lindsay decided to quit her job as a nurse and dive into the world of real estate. Although her first deal was a failure, and she made more mistakes along the way, Lindsay learned to turn those mistakes into successes. She also talks about writing her life script and how she got into the real estate assisted living niche. Listen now to Lindsay’s pearls of wisdom in achieving dreams and investing in real estate!

    Key Points from This Episode:

    • Lindsay was a nurse but had the vision to be completely self-employed because she wanted to raise her kids and decide what she wanted to do for that day.
    • She had many side hustles, including direct sales and a car washing business.
    • Lindsay’s first step to achieving her goals was writing a life script.
    • Write down your goals/vision and how you want your future to look.
    • How did Lindsay overcome the fear of taking that first step?
    • Lindsay’s first deal in real estate ended up being a bad investment, but she learned to turn her failures into successes.
    • Don’t get cold feet if you make a mistake or lose money on a deal. Jump into another one or find another opportunity.
    • How did Lindsay start in the assisted living facility? What prompted her to start in that niche?
    • Lindsay shares her plans for the next five years and dreams for herself. 


    Tweetables:

    “Just take steps. One step leads to the next step. Activity leads to more activity.” [00:13:26]

    “Don’t think too small. Think big. There’s plenty of money out there. There’s plenty of opportunity. There’s not plenty of time. Your time is limited, everything else is abundant. ” [00:13:52]


    Links Mentioned:

    Lindsay Mclaughlin on LinkedIn

    Lindsay Mclaughlin on Facebook

    Lindsay Mclaughlin on Instagram

    Optimized Senior Living website

    RAL Optimized Consulting and Real Estate

    RAL Optimized on YouTube

    Vivid Vision: A Remarkable Tool For Aligning Your Business Around a Shared Vision of the Future by Cameron Herold


    About Lindsay McLaughlin, RN

    Lindsay McLaughlin was a nurse for over seven years. She is currently the CEO of Optimized Senior Living, a family-owned, faith-based residential assisted living home in Lebanon, OH. She is also the Founder of The Mompreneur Life and Director of Client Relations for RAL Optimized. Her passion is helping women understand their goals, working with them to identify the steps of starting a successful small business and laying out actionable steps to achieve the life of their dreams. She is dedicated to assisti

    The main sponsor of our podcast is Rx Real Estate Investment. They make everything we do possible, and our conversations and interviews would not be available without their support. If you want to diversify your retirement portfolio and get into commercial real estate investing, working with Rx Real Estate Investment may be a great match for you. Check out the website at www.rxrei.com. 

    Connect with us!
    Jeff Stark
    Claude Condo
    Newsletter

    36 min
  • Smashing Mindsets, Moving Forward, and Becoming an Expert at the Next Thing with Maurice Cyrus, RN

    Today’s episode is all about smashing mindsets. We’ll hear about our guest, Maurice Cyrus’ evolution as a person, professional and investor. Maurice came from an interesting family background and had to overcome many challenges growing up to get to where he is now. He will share the pearls of wisdom he has gained in his journey. 


    Mindset is so powerful. It can either bring you down or push you to accomplish what you were born to do. It is essential to identify the limiting mindsets and smash them so you can move forward. If Maurice didn’t smash those limiting beliefs, he wouldn’t have overcome the obstacles of lack of education and acceptance as a child and become a successful nurse anesthetist and commercial real estate investor. 


    Key Points from This Episode:

    • Maurice grew up in an uneducated family. Education wasn’t a part of their culture at home.
    • A judge helped Maurice become a nurse anesthetist.
    • Maurice went through a lack of acceptance when he was a child.
    • First mindset smash: “I wasn’t invited here, so I had to find my tribe.”
    • Second mindset smash: “This is where I am. I’m not where I want to be.”
    • How did Maurice get into the healthcare space?
    • What mindset did he have to smash to shift from healthcare to real estate?
    • Maurice wanted to be someone who understood and could impact the community’s infrastructure.
    • Maurice shares the mindset that got him from starting as a nursing assistant to becoming a nurse anesthesiologist to entering commercial real estate. 
    • How does he distinguish which mindset needs to be smashed now?
    • How did Maurice divide his time between being a nurse anesthesiologist and a commercial real estate investor?
    • Maurice’s pearl of wisdom for healthcare professionals on how to get into real estate investing.

    Tweetables:

    “There are some mindsets that will hinder you from anything that you want in your life. There are some that you have to deal with, and you kind of work through those. But there are some that you have to be ruthless and smash.” [00:14:59]

    “If my self-image isn’t congruent with the God I know and love, it’s got to go.” [00:24:02]

    “Failure is learning.” [00:31:27]

    “Leave your ego at the door and serve.” [00:49:25]


    Links Mentioned:

    Cyrus Capital on Facebook

    Cyrus Capital on Instagram

    Cyrus Capital on Twitter

    Cyrus Capital on LinkedIn

    Cyrus Capital Investments website

    Udemy website

    Udemy – Commercial Real Estate Investing 101 by Justin Kivel


    About Maurice Cyrus, RN

    Maurice Cyrus studied at Kaiser Permanente School of Anesthesia and is a part-time Certified Registered Nurse Anesthetists (CRNA). He is also the CEO at Cyrus Capital LLC, and now a full-time commercial real estate investor. He used to be an inexperienced investor, but now he owns an 11-door property in Elkhart, Indiana, and a 63,000-square-foot commercial-industrial proper

    The main sponsor of our podcast is Rx Real Estate Investment. They make everything we do possible, and our conversations and interviews would not be available without their support. If you want to diversify your retirement portfolio and get into commercial real estate investing, working with Rx Real Estate Investment may be a great match for you. Check out the website at www.rxrei.com. 

    Connect with us!
    Jeff Stark
    Claude Condo
    Newsletter

    59 min
  • About "Why Doctors Don't Get Rich" and More Investing Wisdom with Dr Tom Burns

    Dr. Tom Burns is passionate about teaching people, especially those in the healthcare space, how to get rich through passive income. In this episode, he discusses the solutions to the common challenges doctors, pharmacists, and other healthcare professionals have when starting businesses or creating passive income through real estate. 

    One of the challenges is shifting from the healthcare professional mindset of avoiding mistakes to the investor mindset of being willing to take risks. Listen now and learn how Dr. Burns overcame this and the lessons he learned along his investing journey that have helped him succeed.


    Key Points from This Episode:

    • Why Dr. Burns looked for other income streams despite being a doctor and what led him to real estate.
    • Dr. Burns' advice to healthcare professionals with busy schedules who want to start a business or invest in real estate.
    • Lessons in real estate that Dr. Burns learned from his mistakes in the past.
    • Balancing the healthcare professional mindset and the entrepreneur or investor mindset.
    • Why having a delegation mindset is crucial.
    • Why Dr. Burns spends around $250,000 a year on mentors and masterminds.
    • Ways to grow your money while spending 70 hours in practice.
    • Learn about Dr. Burns’ book, “Why Doctors Don’t Get Rich.”
    • How Dr. Burns started his real estate investing journey.
    • How to find the perfect investing partner.


    Tweetables:

    “One of the best successes in real estate hacks in the world is time and persistence.” [00:08:45]

    “If you try to derive the perfect strategy and wait until you have the perfect strategy, nothing will happen. Action is the first thing. So, just do something.” [00:08:57]


    Links Mentioned:

    Dr. Tom Burns on Facebook

    Dr. Tom Burns on LinkedIn

    Email Dr. Tom Burns

    Rich.Life Toolkit

    Why Doctors Don't Get Rich: How YOU Can Create Freedom with Passive Income Investing by Tom Burns

    Presario Ventures website

    Rich Dad Poor Dad

    Rich Dad's Cashflow Quadrant

    The ABCs of Real Estate Investing

    Who Not How

    The Gap and The Gain

    Be Your Future Self Now

    The Power of Now

    The Miracle Morning

    The Real Estate Guys

    Achieve Your Goals

    Real Estate Strategies

    The Rebel Capitalist

    The Ed Mylett Show


    About Dr. Tom Burns

    Dr. Tom Burns is an entrepreneur, retired orthopedic surgeon, and a United States Ski Team physician. He is the co-founder and principal of Presario Ventures, a private real estate company focused on ap

    The main sponsor of our podcast is Rx Real Estate Investment. They make everything we do possible, and our conversations and interviews would not be available without their support. If you want to diversify your retirement portfolio and get into commercial real estate investing, working with Rx Real Estate Investment may be a great match for you. Check out the website at www.rxrei.com. 

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About Rx Investor Podcast

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On the Rx Investor Podcast we interview healthcare professionals and business owners who have inspiring wealth-building stories. Our goal is to lift the veil on the most effective strategies in…