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Get Rich Education

419: How To Quit Your Job with GoBundance Founder Tim Rhode

Get Rich Education

Keith Weinhold

Realestateinvesting, Income, Passiveincome, Money, Business, Wealth, Investing, Careers, Realestate, Kiyosaki, Real, Rich, Creatingwealth

4.3602 Ratings

🗓️ 17 October 2022

⏱️ 47 minutes

🧾️ Download transcript

Summary

Are you a quitter? Today’s show can make that feel aspirational. Quit a job you hate for the work you love.

Author of “The Quitter’s Manifesto” and GoBundance Founder, Tim Rhode, joins me today.

For context on quitting your job, start with the I/O Quotient.

The Soul Sucking Meter: Are you being paid enough? Are you respected? Are you a good cultural fit at your workplace? How does it feel when you wake up to go to work? Could you do your job for decades? 

I quit my job for two main reasons: 1) Try it. 2) Be irreplaceable.

Tim describes that quitting your job is like catching the next trapeze. 

Want growth? Try something new and scary. You did this as a kid. For example, when you were 11 years old, you swam in water over your head. 

Take out a home equity loan before quitting your job. Put those funds into another bank. This builds your financial cushion during a lifestyle change.

Resources mentioned:

Show Notes:

www.GetRichEducation.com/419

Tim Rhode’s book, The Quitter’s Manifesto:

QuittersManifestoBook.com

Get mortgage loans for investment property:

RidgeLendingGroup.com or call 855-74-RIDGE 

or e-mail: [email protected]

JWB’s available Florida income property:

www.jwbrealestate.com/gre or (904) 677-6777

To learn more about eQRPs: text “GRE” to 307-213-3475 or:

eQRP.co

Available Central Florida new-build income properties:

www.b2rdirect.com

Analyze your RE portfolio at (use code “GRE” for 10% off):

MyPropertyStats.com 

Memphis property that cash flows from Day 1:

www.MidSouthHomeBuyers.com

I’d be grateful if you search “how to leave an Apple Podcasts review” and do that for this show.

Best Financial Education:

GetRichEducation.com

Get our free, wealth-building “Don’t Quit Your Daydream Letter”:

www.GetRichEducation.com/Letter

Our YouTube Channel:

www.youtube.com/c/GetRichEducation

Top Properties & Providers:

GREmarketplace.com

Follow us on Instagram:

@getricheducation

Keith’s personal Instagram:

@keithweinhold

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to GRE. I'm your host Keith Wyandhold. It's the episode that your boss does not want you to listen to.

0:06.5

It sounds good to quit your day job and start your daydream, but how do you actually face the fear and do it?

0:12.7

Get insight and tactics on this from both I and the co-founder of one of America's most influential mastermind groups today on Get Rich Education.

0:24.6

Mid-South homebuyers with over two decades as the nation's highest rated turnkey provider,

0:29.9

their empathetic property managers use your return on investment as their North Star.

0:35.9

It's no wonder smart investors line up to get their completely

0:39.7

renovated income properties like it's the newest iPhone. Headquartered in Memphis with their

0:44.8

globally attractive cash flows, Mid South has an A-plus rating with the Better Business Bureau

0:49.3

and 4,000 houses renovated. There is zero markup on maintenance. Let that sink in. And they average a

0:57.2

98.9% occupancy rate with an industry leading three and a half year average renter term. Every

1:03.8

home they offer you will have brand new components, a bumper to bumper one year warranty,

1:08.5

new 30 year roofs, and wait for it, a high quality renter

1:12.7

in an astounding price range, 100 to 150k. Get to know Mid-South. Enjoy cash flow from day one at

1:20.5

midsouth homebuyers.com. That's midsouth homebuyers.com. If you're looking to grow your

1:27.0

passive income from real estate, pay attention.

1:29.8

My Property Stats is a deal analysis tool developed by an active investor to cut the time it

1:34.9

takes to analyze any deal by over 90%. For any real estate class, you can calculate the exact

1:42.1

price to pay to hit your cash flow and IRL goals. Build a world-class

1:46.8

pro forma. Calculate the most you should pay for a renovation. Run multiple scenarios with a

1:52.2

comparison tool and more. My Property Stats is the all-in-one toolkit for real estate investors.

1:58.4

That means more deals, more cash flow, and more returns.

2:02.9

Go to MyPropityStats.com slash gRE now and use the coupon code GRE to get 10% off your first

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