Wholesale Nation Podcast

Show #44: Average Vs Successful Wholesaler


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"The day you stop growing is the day you start dying." – Undrea King

 

The Wholesale Nation Podcast is targeted on giving away all the details needed to be a successful wholesaler, along with direct insights from wholesalers from across the nation. Our hosts, Undrea King, and Andy Speed are the owners of Drayco Properties, a real estate investment company located in Houston, Texas. Undrea has over two decades experience as a business operator and several years as a real estate investor. Andy has been in the real estate game since February 2015 and has a decade's worth of experience in supply chain management. In the podcast series, the two motivated men have thrown light on the importance of having faith in ourselves to be able to take risks and believe in what we're doing.

In another of their distinctive episodes, Undrea and Andy give away their ideas and experiences on the importance of setting set goals for oneself, and how it defines and shapes an individual. They also tell us how they differentiate average and wealthy people and how they've implemented the positives from the lives of wealthy people. As an episode highlight, Andy and Undrea discuss the need to keep learning and tell us how reading has aided their personal and professional growth. We also get to know about Andy's findings on how the real-estate business has helped him find new ideas for any situation and to develop a solution to a problem encountered, while Undrea offers his advice on how to set goals and have the bigger picture in mind always.

Andy says that reading books is like compressing time and that the amount of knowledge you gain from the authors is immense. Undrea too, recollecting his journey towards developing reading habits, tells us that it helps you stay on track. While they discuss their ideas on setting goals and learning, our minds at many points of the conversation would resonate with their long-term career and lifestyle goals.

The 5 factors that distinguish wealthy and average people as discussed are:

  1. Their ideas on Learning (21:52)
  2. Their ideas on Investment (26:42)
  3. Their Reading habits (27:00)
  4. Their topics of everyday Discussion (31:55)
  5. Their ideas on setting Goals (33:52)

The duo also tell us that it is "important to become a millionaire before actually becoming a millionaire". Want to know what they mean? Tune in to this episode for their encouraging and meaningful insights on wholesaling.

If you enjoyed this episode and want to learn even more about growing your real estate wholesaling business, subscribe to the show, comment and share with us your ideas!

 

Quotes:

"You're not risking your money but you're using your expertise." - 7:44

"You read an expert and they tell us at least 10,000 hours experience in what we feel they're writing on." - 9:43

"It reinforces that you're doing the right thing." - 14:22

"It's all about the small important things that you do every day." - 18:20

"Our DNA is not set to do more than we have to." - 20:06

"Wealthy people, they're always learning; average people think they know it all." - 21:52

"Wealthy people invest in their kids." - 26:42

"The day you stop growing is the day you start dying." - 29:39

"Wealthy people talk about ideas, average people talk about people." - 31:55

"Wealthy people are intentional, average people go with the flow." - 33:52

"I think you have to become wealthy before you become wealthy." - 37:54

 

Time-Stamps

[02:52] - Andy's personal learnings from a trip  

[08:15] - Andy's reading habits

[09:29] - How Andy feels books have helped him

[10:57] - Andy's shift to reading

[13:51] - Undrea on the book that influenced him the most and how

[15:10] - Undrea on what goes "off" in his mind when a day doesn't feel fulfilled

[16:42] - Undrea on the goals behind any plan of his

[19:27] - Undrea on the difference between wealthy people who set goals and those who don't

[19:39] - Andy on the difference between wealthy people who set goals and those who don't

[21:52] - Andy and Undrea talk about the differences between wealthy and average people

[27:12] - Undrea on his reading habits and how it changed over time

[37:54] - Andy's tip to all wholesalers listening to the podcast

 

Connect with Andy and Undrea

Facebook Group: Wholesale Nation

Instagram :  @undreaking , @andyspeed_

Website : https://wholesalenation.libsyn.com/

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Wholesale Nation PodcastBy Undrea King