The Hoan Zone: Strategies for Calculated Risk-Taking in Real Estate Investing
In our recent episode, Hoan Thai, a mechanical and financial engineer turned entrepreneur, discusses his journey to financial freedom through real estate investing. Hoan’s background in engineering has helped him develop a constant focus on ratios and accuracy, but it was his desire to control his time, life, and income that led him to leave the corporate world and start his own business.
Hoan emphasizes the importance of developing public speaking, marketing, and sales skills, as these skills can apply to any industry and give individuals an advantage over others. Despite not having any knowledge of IT, Hoan was able to sell an IT job and start a successful business around it. He also worked at a juice bar and learned the importance of delegation and building a strong team.
In discussing his passion for personal growth, Hoan emphasizes the importance of doing the work to see results. He dismisses the notion that training programs and audiobooks are scams and instead encourages individuals to say yes to many opportunities and live a dynamic life. Hoan believes that the most valuable skill is to live a full life with stories, be authentic, and know how to present oneself in different media channels. With AI becoming more prevalent in writing and marketing, it is important to be an attractive person and not just a product of AI.
Hoan’s real estate investing journey began with his desire for passive income and financial freedom. He emphasizes the importance of trying and failing in business, and not losing enthusiasm. Thai shares the story of an intern who ended up working for Google and experienced the taste of freedom through passive income from his six-unit apartment building.
In conclusion, Hoan Thai's journey from engineering to real estate investing highlights the importance of taking risks and pursuing what aligns with one's personal values. Thai's emphasis on personal growth, storytelling, and developing a diverse skill set can provide individuals with an advantage in any industry. Hoan's story serves as a reminder that financial freedom and success can be achieved through passion, hard work, and a willingness to learn and grow.
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Don't forget to reach out to Hoan Thai
Linkedin: https://www.linkedin.com/in/hoanthai/
IG: https://www.instagram.com/hoanzone/
Website: https://hoanthai.com/
Twitter: https://twitter.com/hoanzone @hoanzone
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