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From Actor to Full-Time Real Estate Investor with Matt Picheny
Episode Summary –
Finding your happy place is the best decision you can make in your life.
Sometimes it will involve pursuing entrepreneurship. It can be a bumpy journey with many ups and downs, and it’s easy to get bogged down by challenges. We need to remember that those challenging times happen for a reason. They are teaching us life lessons and preparing us for life's challenges. It’s during these times when we are faced with our deepest, darkest fears that we have to find the courage to believe in ourselves and our dreams.
The most successful people have learned how to embrace challenges and navigate their way through them. They find a lucrative, scalable passion and learn through the mistakes they make. Once they stabilize, they leave their 9-5 job and continue to grow their new business. In other words, they do not quit what they are currently doing to start something new. They quit once their side hustle is stable enough on its own. One of the ways to navigate your journey to your happy place is through passive investing.
In this episode, Matt Picheny, a real estate investor, Tony Award Winner, and author of the #1 best-selling book, Backstage Guide to Real Estate, shares his entrepreneurial story and the wisdom he learned along the way.. He tells us about his journey from actor to full-time investor & operator of thousands of apartment units and what he’s learned about what goes on behind the scenes of a deal.
Listen carefully as Matt shares his insider's knowledge of passive investing with you, helping you make informed decisions about investing your hard-earned cash, putting your money to work where it can make a positive impact, and writing your own story.
Snapshot of the Key Points from the Episode:
[02:26] Matt’s backstory and what he has been doing to make a difference in the world.
[05:10] Don’t quit to start. Quit scaling up what is already working
[06:58] What has Matt found to be his two greatest skill sets in his entrepreneurship journey?
[08:28] How has Matt shown persistence in his endeavors?
[13:26] Tips to start creating passive income through real estate.
[17:15] Matt as the Tony Award Winner and what it means.
[23:11] What were Matt’s greatest accomplishments in life and business?
[25:41] A challenging moment in Matt’s life and how he overcame it.
[27:26] Matt's three power tips to effectively engage with his fan base.
[31:32] How to actively network effectively.
[35:16] What does working from your happy place mean to Matt?
[36:41] Advice for young people starting on the entrepreneurial path on how to find their great success.
About Matt Picheny –
Matt Picheny is a real estate investor, Tony award winner, and author of the #1 best-selling book, Backstage Guide to Real Estate.
He is focused on developing passive income streams that enable investors to write their own story and choose how they want to spend their time.
Backstage Guide to Real Estate by Matt Picheny: https://www.amazon.com/gp/product/B09MGJ39TW/
About the Host –
Belinda Ellsworth is a Speaker, Trainer, Best-Selling Author, and Podcaster
She has been a professional speaker, mover, and shaker for more than 25 years. Having built three successful companies, she has helped thousands of entrepreneurs make better decisions, create successful systems, and build business strategies using her “Four Pillars of Success” system.
Belinda has always had a passion and zest for life with the skill for turning dreams into reality.
Over the last 20 years, she has been expertly building her speaking and consulting business, Step Into Success.