Manage episode 297638379 series 1324962
What do all the millionaires and billionaires in the world have one thing in common? They focus on that ‘One Thing’ they feel most passionate about and develop their core competence, skills and expertise to the highest-possible levels. That’s a secret sauce for success.
In this episode, Jake and Gino talk with Paul Moore. Paul is the managing partner of Wellings Capital, a private equity real estate firm. Paul is the author of The Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing (2016); co-hosts a wealth-building podcast called ‘How to Lose Money’ and he’s been a featured guest on 150+ podcasts.
Here are some of the key takeaways from this podcast:
- Three questions you need to think about yourself while raising capital: Can you help that person? Can they trust you? Do they know you?
- Begin talking to your potential clients consistently. It can be done through podcasts, articles, social media content, books, etc.
- Paul recommends ‘The One Thing’ by Gary Keller. The book talks about focussing on that one thing you are most passionate about and become an authority in that space. This is something that is common in super achievers.
- 85% of the Mobile Home Parks and Self Storage real estate market is managed by Mom and Pop operators, and there is a huge opportunity for professional players in this space.
Listen to the Podcast to learn more.
Learn more about Paul Moore: https://www.wellingscapital.com/
Learn more about Jake & Gino: www.jakeandgino.com
Apply for limited time, complimentary multifamily investing training: https://bityl.co/6v71
Attend our flagship conference to be held in October: https://jakeandgino.com/mm4/