In this episode, Gino Barbaro, former chef and now successful real estate investor, shares his journey from the kitchen to financial freedom. Gino discusses the mindset shift he experienced, realizing that he wanted more than just a job in the restaurant industry. He explains the importance of autonomy and the desire to have his money work hard for him. Gino emphasizes the power of compounding and the need to save and invest in assets that can generate passive income. He also highlights the similarities between being a chef and an entrepreneur, the importance of building a personal brand and the value of delaying gratification and make wise financial choices to create wealth and live a life well lived.
Now, Gino Barbaro together with his business partner, Jake own over 2,000 apartment units and $250,000,000 in assets under management. They also passionately teach others how to acquire real estate properties and achieve financial freedom.
Takeaways
- Shift your mindset from being an employee to becoming a wealth creator.
- Understand the power of compounding and save to buy income-generating assets.
- Build a personal brand and leverage your skills to create multiple streams of revenue.
- Delay gratification and make wise financial choices to create wealth.
- Overcome introversion and step out of your comfort zone to share your knowledge and help others.
Enjoy this episode on your favorite podcast platform
✅ Apple → https://podcasts.apple.com/gb/podcast/gino-barbaros-entrepreneurial-journey-from-restaurant/id1625806145?i=1000639429253
✅ Youtube → https://youtu.be/Jm3i6Hlnk5o
Let’s Stay Connected
✅ LinkedIn → https://www.linkedin.com/in/hannes-hennche/
Connect with Gino Barbaro
LinkedIn - https://www.linkedin.com/in/gino-barbaro-03973b4b/
Website - https://jakeandgino.com/
Facebook - https://www.facebook.com/jakeandgino/
Time Stamps
01:06 Shift from Chef to Real Estate Investor
04:32 The Desire for Autonomy and Financial Freedom
06:18 The Mindset Shift to Wealth Creation
09:08 Understanding the Power of Compounding
12:52 Building a Brand and Creating Multiple Streams of Revenue
15:12 Translating Chef Skills to Real Estate
19:35 Nurturing a Money Mindset
24:26 Delaying Gratification and Wise Financial Choices
Quotes
"The real key to financial freedom is the autonomy that it allows you."
"My mind shift completely changed in that first deal when I decided to save to buy an asset and I allow that asset to pay for the event."
"If you're working hard for your money, is your money working hard for you."
"What started as a hobby and a journal for himself is now serving his lifestyle."
"Let's delay that gratification. Let's put that money to work."
"If you only impact one person, you're still impacting the rest of the world, because that one person shows up completely different."
"Playing with house money. And what I mean by that is once you've attained the financial freedom, you can do whatever you want."
#thepathtowellth #realestateinvesting #realestate #realestateinvestor #passiveinvesting #multifamily #passiveincome #financialfreedom