The LFG Mastermind represents a unique gathering of entrepreneurs with a shared commitment to growth, both personally and professionally.

In this episode, I provide insights into the mastermind's structure and its focus on high-level business operations, rather than basic self-storage or real estate principles.

Currently, the group comprises 18 members from diverse fields including self-storage, restaurants, landscaping, flipping, and wholesaling. The common thread among these individuals is their desire to scale their businesses and improve their personal growth.

Through monthly calls and biannual gatherings, members benefit from accountability and collaboration, fostering an environment where they can exchange ideas and strategies.

The recent retreat in Clearwater Beach, Florida, serves as a backdrop for discussions on growth strategies, where members not only network but also engage in workshops led by experienced facilitators like Ian Bishop. I share how the mastermind facilitates a powerful exchange of knowledge and how members can apply these insights to their own business challenges.

Takeaways:

• The LFG mastermind consists of a diverse group of business owners dedicated to personal and professional growth.
• We emphasize the importance of having a clear vision for the future in both business and personal life.
• Implementing an accountability loop can significantly enhance team efficiency and performance overall.
• Understanding the different personality types within your team aids in effective management and employee satisfaction.
• Identifying the impact of our work, no matter how small, can lead to greater awareness and motivation.
• The relationships built in mastermind groups can provide invaluable support and camaraderie among entrepreneurs.

Companies mentioned in this episode:

• LFG Mastermind
• Ian Horowitz
• Lindsay Self Storage Group
• Dan Martell

Thanks for following, subscribing and listening to this episode of The Do More podcast hosted by Jon Farling. To learn more or ask questions, go to l4investing.com.

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Bob Bush, the president and CEO of Mutumbo Coffee, shares his compelling story that blends his personal history of global culture and social impact.

From humble beginnings in a small Midwestern town, his journey to becoming a key player in the coffee industry is as much about self-discovery as it is about professional achievement. Bob reflects on how his early life experiences, combined with a passion for learning, propelled him into diverse academic and professional environments, ultimately leading him to work across various continents.

His insights uncover the importance of understanding diverse cultures through travel and exploration, emphasizing that true diversity is much more than surface-level characteristics.

This philosophy not only shapes his worldview but is also a driving force behind the mission of Mutumbo Coffee, which aims to use the rich heritage of African coffee to foster meaningful conversations and connections.

Key Takeaways:

• Bob Bush, the CEO of Mutombo Coffee, shares his journey from a small town to global business success.
• He emphasizes the importance of travel in broadening one's perspective and understanding diverse cultures.
• Dikembe Mutombo's philanthropic efforts are highlighted, showcasing his commitment to social impact in Africa.
• Bush discusses the challenges of navigating international trade, especially in the coffee industry, amidst global tariffs.
• The conversation touches on the need for resilience and adaptability in business during uncertain times.
• Mutombo Coffee aims to promote meaningful conversations and community engagement through its coffee products.

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Thanks for following, subscribing and listening to this episode of The Do More podcast hosted by Jon Farling. To learn more or ask questions, go to l4investing.com.

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In this conversation with Anthony Kusky, we talk about the key themes of adaptability and growth in the real estate industry. Anthony shares his inspiring journey from self-storage investor to skilled entrepreneur, highlighting how he is successfully navigating various investment fields, including wholesaling and mobile home parks.

He speaks openly about his experiences and stresses the importance of seizing opportunities and building strong relationships in business. Anthony also points out how crucial it is to stick to a routine and lean on community support when facing challenges.

As he reflects on his past while looking ahead to future projects, his insights offer valuable lessons for both seasoned investors and those just starting out. He reminds us that success often stems from consistent effort and thoughtful decision-making.

Takeaways:

• Anthony Kusky attributes his strong drive and business acumen to early experiences working at his father's bowling centers, instilling a profound sense of responsibility and work ethic.
• His trajectory from traditional sales roles to real estate investing illustrates the necessity of adaptability and continuous learning in the evolving market.
• Kusky emphasizes the importance of building a supportive community among investors, as collaborative discussions can alleviate self-doubt and enhance decision-making processes.
• He advises prospective investors to take massive and imperfect action, highlighting that progress often requires stepping outside comfort zones and confronting uncertainties head-on.
• The transition to self-storage investing represents a strategic pivot for Kusky, showcasing how diversification can mitigate risks and capitalize on emerging market opportunities.
• Kusky's approach underscores the significance of maintaining a routine and prioritizing personal values, suggesting that a balance between family, work, and community engagement is essential for sustained success.

The Do More Podcast

Thanks for following, subscribing and listening to this episode of The Do More podcast hosted by Jon Farling. To learn more or ask questions, go to l4investing.com.

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I take a closer look at some of the popular trends and terms that have emerged in the world of real estate investing, especially those championed by various educators and self-proclaimed gurus.

One term that stands out is "mastermind."

Its meaning has changed quite a bit over the years and is now often used to describe almost any group gathering.

In addition, I’ll talk about the rise of coaching, the growing need for executive assistants, and the hot topic of relationship capital. As I navigate these themes, my goal is to clarify what they really mean and share insights that can help aspiring investors evaluate the validity of these ideas.

Ultimately, I encourage everyone to critically assess the information these figures share and focus on what truly adds value to their individual journeys.

Takeaways:

• The term 'mastermind' has gained significant popularity in recent years, yet its true meaning often remains misunderstood, leading to misapplication in various contexts.
• Many gurus advocate for widespread coaching, yet it is crucial to recognize that not every successful investor is suited to teach others effectively.
• The concept of 'relationship capital' emphasizes the importance of one's network, which has become a prevalent term among real estate professionals in recent years.
• Not everyone requires an executive assistant; the decision should depend on individual circumstances and workload rather than following popular trends blindly.
• The cyclical journey of real estate investors often begins with wholesaling, progresses through flipping, and ultimately leads to commercial investments and coaching.
• The notion that not syndicating investments equates to selfishness is a flawed perspective; there are numerous ways to support friends and family without involving them in investment deals.

The Do More Podcast

Thanks for following, subscribing and listening to this episode of The Do More podcast hosted by Jon Farling. To learn more or ask questions, go to l4investing.com.

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Eric Burns, the founder of Flowers Capital, breaks down the world of commercial real estate capital raising. He talks about how he brings together investor funds to help acquire large apartment complexes.

We talk about Eric's unique career journey, which has taken him from studying finance to serving as a firefighter, and finally to becoming a successful entrepreneur in real estate investment.

Eric shares how he made a significant shift from managing single-family rentals to exploring the bigger opportunities in commercial properties. This change was inspired by his goal of creating scalable, passive income. He also offers valuable insights into the current real estate market, highlighting the importance of understanding what drives investors, especially during uncertain economic times.

Whether you're looking to break into real estate investing or want to refine your strategies for raising capital and building partnerships, this episode is a valuable resource filled with practical advice and rich experiences from Eric's career.

Takeaways:

• Eric Burns transitioned from a career in firefighting to real estate investing, illustrating the potential for career pivots in pursuit of personal passion.
• He emphasizes the importance of accountability in personal growth, a trait honed during his years in the fire department.
• Burns highlights the benefits of commercial real estate, particularly in passive income generation, contrasting it with the challenges of residential property management.
• Investors are currently skittish due to market volatility, making it crucial to provide clear and defensible business plans when raising capital.
• The recent purchase of a 71-unit property in Phoenix illustrates strategic investment based on local economic drivers, such as a major semiconductor plant.
• Networking through masterminds has been pivotal in Burns's success, allowing him to connect with capable operating partners and refine his investment strategies.

Thanks for following, subscribing and listening to this episode of The Do More podcast hosted by Jon Farling. To learn more or ask questions, go to l4investing.com.

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We live in a world overflowing with things that can pull our attention away—from binge-watching our favorite shows to getting lost in the endless scroll of social media. These distractions can seriously derail our ability to achieve both personal and professional success.

I’ll share some of my own experiences and observations and emphasize the importance of recognizing and tackling these distractions head-on. It’s crucial to understand how external influences can take control of our focus and shape our priorities. I encourage you to take a moment for some honest self-reflection on your daily habits.

This episode is a rallying cry to prioritize focus and intentionality in everything we do. By honing in on what truly matters, we can strengthen our commitment to rise above mediocrity and truly strive for greatness.

Takeaways

• Distractions serve as formidable obstacles that hinder individuals from achieving their aspirations and objectives.
• To reach one’s goals, it is imperative to identify and eliminate distractions that detract from one's focus.
• Engaging excessively in entertainment such as sports can lead one to neglect personal ambitions and responsibilities.
• Consistent evaluation of one's daily activities is crucial in determining whether they contribute positively towards goal attainment.

Key Moments

00:05 - Starting Solo: The Pressure of Providing Value

01:56 - Understanding Distractions on the Path to Your Goals

08:37 - Understanding Distractions and Personal Responsibility

11:38 - Navigating Pressure and Distractions in Life

17:13 - Understanding and Overcoming Distractions

Thanks for following, subscribing and listening to this episode of The Do More podcast hosted by Jon Farling. To learn more or ask questions, go to l4investing.com.

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Let me introduce you to Mitchell Pater, who embodies the entrepreneurial spirit. His journey has been nothing short of transformative, as he's moved from various retail roles to building a strong real estate portfolio.

In our discussion, we focus on his latest endeavor: self-storage development. Mitchell has a keen eye for identifying profitable locations and is committed to creating high-quality facilities that are attractive to larger buyers.

We get into the details of his career, starting from his early days in real estate to how his strategies have evolved over the years. A key point he highlights is the idea of leveraging other people’s capital to fuel his investments. He makes it clear that continuous learning and adaptability are crucial in today’s real estate market. Plus, building relationships with industry experts is something he considers essential.

Ultimately, Mitchell has ambitious goals. He aims to grow a significant portfolio, all while having a solid exit strategy that aligns with his long-term financial plans. It’s an insightful conversation that sheds light on his journey and the lessons he’s learned along the way.

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Takeaways

• Mitch Pater emphasizes the significance of self-storage development as a profitable avenue in real estate investments, underscoring his strategic focus on acquiring prime locations.
• The journey of self-improvement and financial independence is crucial for individuals dissatisfied with traditional employment, as illustrated by Mitch's personal experiences.
• In real estate, understanding the importance of buyer demographics and market demand is essential for successful development and investment.
• Mitch advocates for leveraging relationships and resources to navigate the complexities of real estate, emphasizing the value of networking and continuous learning.

Key Moments

09:11 - The Journey of Self-Discovery and Skill Building

17:49 - Transitioning to Real Estate Investment

39:10 - Navigating Development Challenges

45:01 - The Vision for Development and Growth

Thanks for following, subscribing and listening to this episode of The Do More podcast hosted by Jon Farling. To learn more or ask questions, go to l4investing.com.

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I've gotten a few questions about my team lately, so I wanted to share some thoughts on what makes it so special.

When I think about my journey in real estate investing, it really started with just me focused on one thing. But over time, that has transformed into a more complex operation, thanks to the incredible people I’ve brought on board.

I want to highlight the key roles that my team members play. We’ve got an attorney, a CPA, a district manager, a maintenance technician, and an executive assistant, and each of them brings something essential to the table that keeps our business running smoothly.

It's so important to invest in talent that fits our overall vision and company culture. I believe that cutting corners on this can hurt our long-term success, and I’d really advise against it. This is not just a look back at my growth but also a reminder of how vital a strong team is in real estate entrepreneurship.

Takeaways

• The importance of building a strong team culture cannot be overstated in any business endeavor.
• Investing in high-quality employees is crucial; cutting corners can lead to long-term repercussions.
• A real estate attorney and a competent CPA are essential assets for successful real estate investment.
• The role of district managers has evolved significantly, reflecting the growth and complexity of operations.
• Having a full-time maintenance personnel streamlines operations and ensures consistency across multiple sites.
• Continual investment in employee development fosters a productive and motivated workforce.

Thanks for following, subscribing and listening to this episode of The Do More podcast hosted by Jon Farling. To learn more or ask questions, go to l4investing.com.

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Tim Bratz, Owner of Legacy Wealth Holdings, a multifamily investor currently based in Charleston, South Carolina, shares profound insights into the evolving landscape of commercial real estate investment.

Within this conversation, he highlights the significant depreciation in property values that has transpired since 2022, a consequence of rising interest rates and escalating operational costs, which has largely evaded mainstream discourse.

Bratz talks about the necessity for investors to adopt a focused approach, emphasizing that diversification into unfamiliar asset classes can hinder one's progress rather than facilitate it. He also elucidates the importance of maintaining a streamlined portfolio, advocating for the sale of underperforming properties to concentrate efforts on more lucrative, manageable investments.

You'll hear a refreshing perspective on the intersection of investment acumen and personal well-being, underscoring that true success encompasses more than just financial gain.The Do More Podcast

Key Takeaways

• Tim Bratz emphasizes the importance of focusing on multifamily real estate investment and the need for a clear strategy in the current market environment.
• The rising costs in construction, labor, and materials have significantly impacted the values of commercial real estate, necessitating careful investment decisions.
• Bratz discusses the value of mentorship and mastermind groups in enhancing business acumen and avoiding common pitfalls faced by investors in real estate.
• The speaker underscores the critical nature of maintaining a long-term vision and commitment, especially in the cyclical nature of real estate markets and investment strategies.

Key Moments

Chapters:

08:14 - The Cyclical Nature of Markets

14:45 - The Future of Housing: Trends and Predictions

16:57 - Refining Investment Strategies

25:52 - Transitioning to Commercial Real Estate

29:00 - The Transition to Leadership in Entrepreneurship

36:40 - Building a Cohesive Team Culture

44:30 - Reflections on Business and Life Choices

45:12 - The Journey of Growth: From 20s to 30s

55:00 - The Power of Vision in Leadership

56:41 - Embracing Simplicity: A New Approach to Life

Thanks for following, subscribing and listening to this episode of The Do More podcast hosted by Jon Farling. To learn more or ask questions, go to l4investing.com.

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Brent Bowers, a renowned land investor and entrepreneur, shares his transformative journey into the world of land investing, shedding light on the potential for financial freedom through passive income.

He reflects on his early experiences in real estate and the pivotal moment in 2016 when the birth of his son ignited a deep desire to reclaim his time and pursue a more rewarding career.

Throughout our conversation, Brent highlights the strategies he used to navigate the complexities of land acquisition and sales, including seller financing, which opens up a variety of exit strategies. His insights illuminate the numerous opportunities available in land investing, especially for those ready to take action and commit to the learning process.

You are going to learn a powerful story that stresses the value of perseverance, adaptability, and proactive engagement in the pursuit of one's ambitions.

Key Takeaways

• Brent Bowers illustrates the transformative journey from military life to real estate investment, emphasizing the significance of proactive decision-making.
• He highlights the importance of taking decisive actions and learning from mistakes, asserting that speed in execution can lead to financial success.
• Bowers shares insights on land investing, revealing how strategic marketing and targeted outreach can yield profitable deals and opportunities.
• The episode emphasizes the value of surrounding oneself with knowledgeable individuals, advocating for a collaborative approach in the realm of business and investment.
• Brent discusses his unique strategy of seller financing in land deals, which allows for flexibility and accessibility for a broader range of buyers.
• He underscores the necessity of continuous learning and adaptation in the real estate sector, encouraging listeners to embrace challenges and seize opportunities.

The Do More Podcast

Thanks for following, subscribing and listening to this episode of The Do More podcast hosted by Jon Farling. To learn more or ask questions, go to l4investing.com.