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The Rich Somers Report

Certain Doors Won’t Open For You Until You Become the Version of Yourself that Can Walk Through Them | E304

The Rich Somers Report

Rich Somers

Business, Entrepreneurship, Investing

5910 Ratings

🗓️ 6 February 2025

⏱️ 12 minutes

🧾️ Download transcript

Summary

Success isn’t just about finding the right opportunities—it’s about becoming the person who’s ready for them. In this solo episode of The Rich Somers Report, Rich breaks down the mindset shifts, habits, and lessons that helped him level up from working a W-2 job to building an $80 million boutique hotel portfolio. Rich shares: The sacrifices and tough decisions that helped him break through limiting beliefs.How he struggled with raising capital early on—and the strategies that changed everyth...

Transcript

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0:00.0

Hey guys, real quick, before we get started, I am hosting a free two-day boutique hotel investment

0:05.1

training Saturday, Sunday, February 8th and 9th, outlining exactly how you can get started

0:10.1

investing into boutique hotels and taking advantage of the tightening Airbnb regulations

0:13.8

and the 40 million retiring baby boomers. To register, simply go to hotelinvesting.com slash

0:19.7

podcast to save receipt. Again, that's hotelinvesting.com slash podcast to save your seat. Again, that's hotelinvesting.com

0:23.0

slash podcast to save a receipt. Now let's jump into the show. Every time you become a new version of

0:27.4

yourself, a new door gets unlocked. Become that person first and new doors will open up for you.

0:33.2

I promise you. It's happened to me. It's freaking changed my life. And as I look forward,

0:37.4

you know, I know this is just the beginning. You know, I look back and I'm like, at 33, I knew

0:43.3

nothing about business. I knew nothing about real estate investing. I thought I peaked. At 39,

0:47.5

I know this is just the beginning. Welcome to the Rich Strummers Report where we talk real estate, business, and wealth building, all while keeping it real.

0:54.9

No fluff, no BS.

0:56.5

I hope that you enjoy the show.

1:01.7

All right, guys, welcome to another episode of The Report today.

1:05.8

We are going to talk about why the right doors won't open for you until you become the

1:10.4

version of yourself that's supposed to walk through for you until you become the version of yourself

1:11.3

that's supposed to walk through them. Every time you become a new version of yourself, a new

1:16.2

door gets unlocked. When I think about six years ago, I knew nothing about business. I knew

1:21.7

nothing about real estate investing. And I was not that person that could attract the same

1:26.0

quality of opportunities that I could attract today. I didn't have the ability to go out there and attract deal flow, good quality

1:33.5

hotels to buy, good quality acquisitions. I didn't have the ability to go out there and have

1:38.2

access to the same lending options that I do today. I didn't have the ability to go out there

...

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