Wealth building doesn't have to be difficult and time-consuming. Knowing the effective modes of investment and approaching them with the correct mindset can surely set you towards passively accumulating wealth.In this episode, Paul Moore shares his knowledge about investing and how to ensure you aren't simply speculating. He discusses multiple aspects of real estate and whether or not they are a good investment. Paul also talks about his insights on business and entrepreneurship, along with the adversity one can expect in taking this path.Tune in to this podcast to learn more about real estate investing!3 Reasons to Listen:Learn about the challenges of being an entrepreneur and building your business from scratch.Figure out the differences between investing and speculating.Identify the advantages and disadvantages of various real estate investment types.ResourcesBigger Pockets blog by Paul MooreHow To Lose Money podcastThe Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing by Paul MooreHuman Trafficking & Real EstateReceive a 5-part free eCourse + two free eBooks (mobile home park investing and self-storage investing)About PaulPaul Moore is the founder and managing director at Wellings Capital. He is also an author, podcast host, and contributor to Bigger Pockets and Fox Business.Paul began investing in real estate in 2000, flipping over 50 homes and 25 high-end waterfront lots and rehabbing and managing dozens of rental properties. He also developed a subdivision and started two successful online real estate marketing firms.To know more about Paul and his work, you can visit his website. You may also reach him through LinkedIn.Episode Highlights[03:20] About Paul and Wellings CapitalHe’s been married for 33 years and has four children.He used to work in Ford Motor Company in Detroit.Wellings Capital walks alongside accredited investors to create more wealth and save on taxes.The company provides a way for interested individuals to get involved in recession-resistant commercial real estate.People can invest and own a fractional piece of dozens of commercial real estate assets through their funds.[07:44] Being an EntrepreneurAn entrepreneur creates something out of nothing.Entrepreneurs can take an idea of passion, find an underserved niche, and create something that serves mankind.Entrepreneurs must be wary of chasing shiny objects and giving up on projects as fast as they start new ones.[10:29] Experience in EngineeringPaul had a degree in petroleum engineering, which wasn’t as fruitful, so he decided to get an MBA.He feels like he was never meant to be an engineer, even with high grades in science and math.He realized that marketing, writing, and content

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