I started in 2007 and made millions. Here’s what I wish I knew in my 20s during a recession
I started in 2007 and made millions. Here is a flow of what I wish I knew in my 20’s going through a recession.
I’m an investor, founder, syndicator and coach. I invest in businesses, people and guide startups through recessions. If you watch this till the end it might change your life - like it did mine.
Mistake: I started buying cheap condos. I thought because they were cheap, they were good. They were cheap for a reason. No one wanted them. Ever. So here I lost a bunch of money.
Corrective Action: Later I realized that flipping was the key, so I started fixing old properties and reselling them. Here I made a bunch of money.
But, after doing a few, I wasn’t earning enough
Scale and Growth: After talking to some friends who were smarter than me, I started doing short term rentals. I had a bunch of properties waiting to be flipped and I got in early. My properties started filling up quickly and I made a lot of money.
Then, I sold those properties when the market became insanely hot.
If you understand this and can relate, please comment if you want to learn more lessons like this on how to change your life in times of recession.
#economicrecession
#recessioncoming
#founders
#businessfounder
#foundertips
-
26:38
Destene and Brandon
18 hours agoBrunch to celebrate the new baby! | Putting together care packages | Game Night | Pool Update &MORE
10.4K3 -
9:37
scoutthedoggie
22 hours agoAirsoft Sniper on Your 12
18.7K1 -
10:56
ryanhoguepassiveincome
14 hours agoTOP 5 NICHES 🔥 Print on Demand Niche Research # 213 — (6/23/2024)
18.3K1 -
7:01
intheblues
23 hours agoMy Fender Telecasters - The Same, But Different?
9.52K2 -
51:39
Kimberly Guilfoyle
3 days agoNO BORDERS BIDEN, Where We Go from Here, Live with Monica Crowley & Jaime Florez | Ep. 135
75.2K145 -
6:29:49
Akademiks
12 hours agoBreaking: Foolio Shot and Killed while Celebrating 26th Birthday. Kendrick 'Not Like Us' video
103K46 -
34:27
Candace Owens
3 days agoWhat REALLY happened on 9/11? | Candace Ep 9
56.8K289 -
2:17:00
Fed Reacts
13 hours agoFed Explains Foolio Shot After Celebrating Birthday
41.4K49 -
3:54:46
Due Dissidence
1 day agoBowman, AOC, Bernie a BUST at Bronx Rally, Jose Vega DENIED Entry, Teamsters Prez to SPEAK at RNC
66.7K55 -
4:37:52
SonnyFaz
17 hours agoSONNY X SHANNEY RICH
54.7K4