Creative Capital Podcast 129: Turning Down Opportunities That Don't Directly Line Up With Your Goals

Creative Capital

Josh Ferrari

Investing, Business

5 • 1.1K Ratings

🗓️ 4 January 2022

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Welcome back to this week's segment of the No Limit Minute for the Creative Capital Podcast. Today, I will be sharing my experience and my ultimate takeaway from being able to try having to work full time on real estate. To those who have been around for a while, you would know that the ultimate dream was to eventually do real estate full time, and so I am so thrilled to let you in on what it was like to live out the dream for a day. Listen in as I talk about the importance of knowing your strengths, outsourcing your weaknesses, and knowing when to turn down opportunities. Let’s dive in!

[00:01 - 10:45] Turning Down Opportunities That Are Not Aligned

Preview of the topic for this episode
Had the preview of going full time with real estate
Having the courage to turn down opportunities that are not aligned with my goals
Focusing on my strength and outsourcing my weakness
Choosing the road less traveled at the most rapid pace
Advice for the listeners

Key Quotes:

“I want to hyperfocus and spend the majority of my time on what I'm already really great at, and I want to get even better, because that's what's really, truly going to grow our company to where we need it to be.” - Josh Ferrari

“Make sure that the goals that you have for your life for your business, you are putting first and foremost.” - Josh Ferrari

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Transcript

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0:00.0	Let's go on home everybody. Welcome back to this week's segment of the No Limit Minute. I'm so
0:06.2	excited to be here. This podcast has been a very, very fun, entertaining, educational, and really
0:17.0	adventurous journey here that we've been on with the podcast and all the different guests I get to
0:21.8	talk to you. It's been without a doubt something that I will, of course, never regret, but be ever
0:29.3	grateful that I decided to take the leap and do because it's been nothing but nothing shy of
0:37.6	a great motivator, a great booster, and if nothing else, just the networking. The people I get to
0:43.9	meet, they are life-changing, and they continue to push me to be better, and then I continue to
0:50.0	hopefully push you guys to be better. And it's just an enversicle here of greatness. So now that I've
0:56.9	got my lunch be a lot the way, what we wanted to talk about today is something very interesting
1:02.0	actually. So recently I had the opportunity to go full-time in my real estate business. Now for
1:10.7	those of you that know me or that have listened to this podcast for any length of time or if you
1:15.1	follow me on social media, you know that the goal has always been to go full-time, and it's still
1:20.1	listed go full-time in real estate. But this particular opportunity wasn't exactly what I wanted.
1:28.7	It didn't exactly meet my end goal, even though it satisfied the near goal of going full-time.
1:36.4	And I'll explain a little more now. So I had an opportunity to go full-time and I was going to be the
1:40.9	first employee of Three Beach Capital. And I was basically going to get paid a salary from the
1:48.4	company. And because I was going to get paid a salary, the company currently can't afford a salary,
1:57.2	which is why none of us have gone full-time. That's why we still all work our debuts. But my two
2:02.0	business partners were basically going to front the money to put it into a business account,
2:06.6	and then pay me a salary to go full-time. So we can really grow this year. Well, I decided and
2:14.5	if that was to happen, then I would have a salary. But they, them too, would then split the equity,
2:20.9	50, 50. I would then lose my equity until they got all of their cash back from the money that they
	...

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