How to Lose $50 Million and Get It Back Through Mindset and Hard Work with Rod Khleif

22/08/2024 36 min

Listen "How to Lose $50 Million and Get It Back Through Mindset and Hard Work with Rod Khleif"

Episode Synopsis

Rod Khleif - A seasoned real estate investor and host of the world’s largest commercial real estate podcast. Rod has owned over 2,000 houses and built a real estate empire after immigrating to America with nothing. In this episode, Rod shares his journey, mindset, and strategies that helped him lose $50 million and then rebuild it all.Episode Highlights:Introduction and Rod’s Background:Immigrated from the Netherlands with nothing, facing financial struggles growing up. 🌍Built a successful real estate career after overcoming significant early failures. 🏠📉Known for his emphasis on mindset and psychology as key components of success. 🧠💡The Importance of Mindset and Psychology:How 80-90% of success is driven by mindset, not just technical knowledge. 💭📈The critical shift in mindset that took him from making $10,000 to over $100,000 in just one year. 🚀Building and Losing a $50 Million Net Worth:Rod’s experience of seeing his net worth skyrocket by $17 million in one year. 📊💸The humbling experience of losing $50 million during the 2008 crash and the lessons he learned. 💥🧠Recovering and Rebuilding After Financial Loss:The mindset strategies Rod used to recover from massive financial loss. 🔄💪The importance of setting clear goals and having a burning desire to succeed. 🎯🔥Balancing Life, Business, and Real Estate:How to maintain family priorities while pursuing business goals. 👨‍👩‍👧‍👦💼Using time-blocking and goal-setting to manage both personal and professional life. ⏰📅Real Estate Investment Tips:The importance of understanding the basics before investing in real estate syndications. 🏢💡Educate yourself and never invest in something you don’t fully understand. 📚🎓Moonlight Coaching Questions Asked and Answered:New Investor Tips: Start by educating yourself and ensuring any deal you consider cash flows from day one. 📊💡Balancing Business and Life: Prioritize your family, use time-blocking, and leverage mornings to get things done. 🌅👨‍👩‍👧‍👦Starting with Little Cash: Begin by finding deals and partnering with investors. 🏠💰Knowing Your Numbers: Understand every detail of your expenses and income in real estate. 📈🔍Book Recommendations:"Turning Pro" by Steven Pressfield 📚"The Slight Edge" by Jeff Olson 📖"The Miracle Morning" by Hal Elrod Website: https://ericlindseyml.com/Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversationClick On The Link Below For More Information About Eric Lindsey:https://linktr.ee/ericlindsey

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