Dean Scarlett @dean_of_trades
Pivoting to CRE. Follow my progress. https://t.co/Ja4EVjaU72 Tampa, FL Joined March 2023-
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You’ll never hear me say I’m busy. Here’s why: Years ago I had coffee with a mentor, Dave, and he asked how I was doing. As people tend to do, I responded, “I’m SUPER BUSY… work, family, travel, hobbies. How about you?” I’ll never forget Dave’s terse response: “I’m not busy…
There are two types of people in this world: 1. Those who celebrate wins and spend their time and energy trying to win more. 2. Those who tend to get really down about the losses and spend their time and energy trying to lose less. Which group do you think is more…
One thing I’ve learned: The self doubt never goes away. You just get a little bit better at moving forward in spite of it.
If you're the smartest person on your team, you built a bad team.
You have to have the mindset of a Millionaire before you are a Millionaire.
If you want to be more successful than average, you're going to have to learn to work for free. It'll pay off eventually.
Be a rebel, go to church, get married, start a family, pray. @JackPosobiec
I agree with this (I do something very similar) but the internet and social media can make this a very unhealthy exercise for you if you take this too far. This can quickly become keeping up with the Jones, and those Jones may be presenting an entirely false life online.
I agree with this (I do something very similar) but the internet and social media can make this a very unhealthy exercise for you if you take this too far. This can quickly become keeping up with the Jones, and those Jones may be presenting an entirely false life online.
If you’re successful at a job you hate, imagine how well you’d do at a job you love.
🤣😂 … for real though.
🤣😂 … for real though.
A lot of apparently super successful people over indexed on success to get where they are. Family, friends, health, etc. were neglected. Seriously ask yourself whether you would actually trade your life for theirs before you get down on yourself for not being at their level.…
How many more books or podcasts will it take before you actually make your next move?
The ~most important concept in business (& the one least understood by civilians): Cashflowing assets are valued by investors at a multiple of the cashflow they generate, such that adding $1 of extra cashflow adds $3, $5, $10 or whatever of extra asset value.
The more success you see, the smaller your circle becomes. 💯
No more imposter syndrome. You got where you are for a reason. Act like it.
2019 I nearly went bankrupt. 2020- 2021 regained it all back, more than tripled my prior networth. 2022 lost half a million in equities. It hurt. 2023 on track to gain it all back, tripled my income, started 4 businesses. Don’t stay down, each loss makes you stronger. 🚀
Same. I got much farther when I realized education and mentorship were worth paying for. And that it is good to enjoy some fruits of your labor from time to time (just don’t over do it).
Same. I got much farther when I realized education and mentorship were worth paying for. And that it is good to enjoy some fruits of your labor from time to time (just don’t over do it).
No one said growth was easy; have good time management. Prioritize.
No one said growth was easy; have good time management. Prioritize.
Penuret @penuret66304
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28K Followers 496 Following Insights, news and lessons from Family Offices. 20+ years working with high-net-worth individuals and families. Sign up for the newsletter 👨👩👧👦📈🚀This is a serious question for my friends on X: What does being wealthy mean to you? Get up an hour early tomorrow morning or go in a quiet place with a glass of wine later tonight and just write. Write some bullet points that outline what you want your life to look like.…
You must avoid analysis paralysis at all costs. You have to realize that many decisions in both life and business are simply educated guesses. You don't have all of the info, you can't get all of the info, and you will never have all of the info needed to make the "right" call…
An idea I can't stop thinking about... Solomon's Paradox (and how to escape it): In the Old Testament, King Solomon was known for his incredible wisdom. He was considered one of the wisest men who ever lived. But King Solomon's life was quite a mess: • Hundreds of wives and…
A while back a tenant of ours stopped paying rent. It was a 50k sqft building and the lease was 20% below market. We reached out to the tenant to talk and they had a broker call us back. He told us they would start paying again on a new 5 year lease, this time at market rate.…
There are jobs I’d be really good at and I’d enjoy immensely. The problem is I didn’t know what those were when I picked my major at 18.
If you only know a very narrow subset of an industry you are going to be very boring to talk to for 95% of people. And relationships are everything!
Your employer will tell you to specialize and become an expert. I remember being a first-year at a big law firm and being encouraged to choose a niche quickly. This is helpful to the employer, who wants to use you for a specific purpose. 🔨 🪄 But venturing outside of your…
If you’re successful at a job you hate, imagine how well you’d do at a job you love.
The biggest reason you fail is because you're just not serious. You found a hot industry. Trending business model. Checks all the boxes on paper. You tinker around, but it perpetually feels like a grind. One barrier, you kill your momentum. One frustration, you complain. Not the…
This post is for the limited few who have tried to use the SBA program, but learned they were not eligible because they had too much cash or wealth. That rule is going away as of August 1st. Investors and exited searchers who want to do a deal with an SBA loan will be able to…
My life hasn't always been sunshine and rainbows. I have bad days, just like everyone else. I've had days where I've thought about quitting, just like you. The difference is, I've mastered the art of never giving up and doubling down on myself. No matter how hard life gets...…
When I bought my first business the broker asked me a question that I blew off at the time but it’s stuck with me for 20 years: “Do you want to launch rockets or drive trains?” It’s a pretty good analogy for two types of business owners. Rocket launchers love the thrill…
Adulting Is Easy now has 30,000 followers!🙏 Hi! I'm Lauren: - Age: 33😁 - Married💍 - Podcaster🎤 - Sports fan🏒 - Index funds📈 - Sales career ☎ - Tampa Bay, FL🌴 - Honda Accord🚘 - Multi-millionaire💵 - Real estate investing: 14 doors🏡
My dad said once you’re in your late twenties/early 30s you really start to see a separation in people’s lives visibly
Getting paid for your time is the least profitable path Getting paid for who you know and what you know is the most profitable path
The more success you see, the smaller your circle becomes. 💯
No more imposter syndrome. You got where you are for a reason. Act like it.
In 2004 I was 22 years old and talked my way into dinner in NYC with a billionaire. I had no idea what I was doing and had no right to be there. This guy owned a massive portfolio of real estate, including more than 40,000 apartments across the US, and I had never met him or…
Look - I know I’ve been a jerk today… But I am super proud of my wife. She has 3 calls today This is all new to her - she’s been a stay at home mom for 20+ years It’s hard to reinvent yourself at 42 This is what courage looks like
@dean_of_trades @MrFamilyOffice This. Why do we have to ask this question? What happened to just being a decent human being?