Creative Capital Podcast 142: 3 Tips on How to Live a Full Life with Scott Krone

Creative Capital

Josh Ferrari

Investing, Business

5 • 1.1K Ratings

🗓️ 18 February 2022

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Did you know that you are one tweak away from turning your mundane living into a full life? In this episode, Scott Krone talks about the meaning of living a full life, a transformational life. According to Scott living transformationally happens in the macro and micro-decisions.

Scott is a Chicago native whose career in architecture began in 1991 by pursuing his Masters of Architecture from the Illinois Institute of Technology. In 2012, Krone founded Coda Management Group, he has authored High Performance Homes – Navigating the Green Road to Your Dream Home, a book for homeowner’s seeking to incorporate green technology into their home, and most recently Scott also founded a revolutionary storage business The One Stop Self Storage. It’s committed to making its members’ time of transition rewarding and strives to remove challenges and hurdles commonly found in the industry.

[00:01 - 13:41 ] Opening Segment

How this episode impacted Josh
Reminder: Follow us on social media via the links below
Scott shares his story and how he got involved in real estate
The lessons that Scott learned from his first deal
- How to think in terms of your options

[13:01 - 24:46 ] Pivoting Intro Self Storage from Architecture and Development

Leaving a successful corporate job for a start-up
Where the economy is headed in the next few years
- The major indicators of a recessionary market
When should you buy a property?
- It doesn’t matter if you’re in a recessionary or bull market

[24:47 - 46:15 ] Living a Full Life

What it means to live a full life
Living transformationally
- The difference between living a mundane life or living a transformation life is change
- Living transformationally is made in the macro and micro-decisions
Most people live lopsided lives; thriving in one area but failing in the others
Keys to living a transformational life
- Committing to long-term decisions
- Trying new things and setting new goals
Scott shares a story about how trying new things can lead to fun experiences

[46:16 - 58:27] Closing Up!

PodDecks
- What is your theme song and why?
- What is your recurring nightmare?
Core four
- Favorite real estate-related book?
  - The Road Back to You by Ian Morgan Cron
  - Storing Up Profits by Paul Moore
- A unique skill that helps you become successful
  - Inquisitiveness
- Something true about real estate that nobody believes
  - Success is easy
- One thing to succeed in real estate investing
  - Invest in yourself by getting mentors
Connect with Scott through the links below

Key Quote:

“Transformational [learning] is undergoing the process of being and growing in your abilities, in your thinking, and always learning in expanding your boundaries.” - Scott Krone

“A lot of times we are trying to treat the actual result of the pain, but not addressing the source of the pain.” - Scott Krone

Resources Mentioned

Connect with Scott

Linkedin: /in/scott-krone/

Facebook: @CodaManagementGroup

You can reach and connect with me on Facebook, LinkedIn, Instagram, and Youtube

You can also email me at [email protected]

For more information about Ferrari Capital visit us on our website https://www.ferraricapital.com

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Transcript

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0:00.0	You're listening to the Creative Capital Podcast.
0:08.1	You're dying to learn about how you can create wealth through real estate investing, then
0:11.4	you come to the right place.
0:13.7	Join in every week as we go over the ends and outs of real estate investing, and learn
0:18.2	how you too can become financially free.
0:23.4	And there's two things in life you can either do it informationally or transformational.
0:27.5	And our world has become so based upon information.
0:30.5	We can have information in the tips of our fingertips.
0:33.6	We can Google everything we want to see.
0:35.8	We can go anywhere in the world and see pictures of it, but yet we cannot know what it feels
0:41.4	like to experience it.
0:43.4	And I think that's the difference between information known, transformationals, transformationals,
0:47.9	undergoing the process of being growing in your abilities, in your thinking, and always
0:53.5	learning and expanding your boundaries.
0:57.7	What's going on, everybody?
0:58.7	This is Judge Ferrari, host of the Creative Capital Podcast, and we've got another phenomenal
1:05.8	cast on with none other than Scott Cronon.
1:09.5	I'd actually never heard of Scott until his team, actually, his marketing team reached
1:15.8	out to me to try and get him on the show.
1:18.8	And then, of course, they sent me his bio, and I was able to check out his website and some
1:22.7	of the things he's been doing.
1:24.2	And this dude is phenomenal, this dude's killing it.
	...

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