Summary
Justin Donald shares his journey from making mistakes early in his investment and entrepreneurship career to becoming a successful entrepreneur and investor. He emphasizes the importance of learning from mistakes and developing systems and processes to scale a business. Justin also discusses the mindset shift he had to make to prioritize his family and create a life of financial freedom. He shares his strategies for finding and attracting the best people and the importance of building passive income streams. In this conversation, Justin Donald discusses the importance of having the right mindset and taking action to achieve financial independence. He shares his journey of transitioning from entrepreneurship to investing and teaching others to do the same. Justin emphasizes the need to diversify investments and protect against downside risk. He also highlights the upcoming wealth transfer from baby boomers to millennials and the opportunities it presents. Justin's book, 'The Lifestyle Investor,' provides 10 commandments for cashflow investing and financial freedom.
Takeaways
Learn from mistakes and use them to define and create a path for success.
Develop systems and processes to scale a business and create more freedom.
Prioritize family and create a life of financial freedom.
Invest in the best people and build a team that can operate at a high level.
Create passive income streams to have more control over your time and pursue your passions. Having the right mindset is crucial for achieving financial independence.
Diversifying investments and protecting against downside risk is important.
The upcoming wealth transfer from baby boomers to millennials presents opportunities for investors.
Justin Donald's book, 'The Lifestyle Investor,' provides valuable insights and strategies for cashflow investing and financial freedom.
Links
www.norhart.com
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What is Zero to Unicorn?
A unicorn is a magical creature shrouded in mystery known for its ability to make the impossible possible. In modern times, the word “unicorn” has come to mean something intrinsically valuable and difficult to obtain, whether that be a business with a $1 billion dollar valuation, or the love of a special someone.
On Zero to Unicorn, we’ll hear directly from the Kaeding family as they recount their history of founding and operating Norhart, a unicorn-level business in the construction industry with a mission to positively impact the way people live.
But this isn’t a story of how to grow a business to a billion-dollar valuation. This tale is centered around a special group of people who are coming together to create something bigger than themselves. Despite several trials, the people of Norhart seek to make a positive impact on the world—and, ultimately, to do what every unicorn is born to do: make the impossible possible.
Join us weekly for this limited series chronicling the Kaeding family’s journey, from starting a family-owned business to becoming a unicorn with a business determined to do good.