From Broke at 35 To $1.5B | Finding Your "Why" w/ JP Newman
Capitalism.com with Ryan Daniel Moran
Capitalism.com
4.8 • 793 Ratings
🗓️ 28 August 2023
⏱️ 56 minutes
🧾️ Download transcript
Summary
JP Newman completely started over at 35 and moved into a shabby rent-controlled apartment in Santa Monica at $400/month.
Today he has done over $1.5 billion in commercial real estate deals and runs Thrive FP, a real estate agency based in Austin, TX.
So what happened? In this podcast Ryan interviews JP around how finding his purpose, his big "Why" has been a guiding star in all of his success.
No matter where you are at in your own entrepreneurial journey, you will get there faster if you have a bigger purpose beyond the goals than just making money.
Beyond the tactics and formulas for business building, this episode will help you define what you want on the other side of achieving your goals so you can find clarity and dream bigger.
To learn more about creating your own path to $1 million sign up for our FREE 30 day mini series at:
http://www.Capitalism.com/Million
Timestamps
(0:00) - Episode Teaser
(0:50) - Ryan Episode Introduction
(3:00) - Interview With JP Newman Begins
(5:00) - How Entrepreneurs Can Discover Their "Why"
(9:30) - An Exercise For Visualizing Success
(15:15) - Rewriting Negative Money Beliefs
(20:45) - How Your Energy Creates Your Life
(26:30) - Setting Bigger Goals And Creating A Vivid Vision
(37:00) - What JP Would Tell His Younger 35 Year Old Self
(42:00) - Results & Status Vs. True Desire Goals
(46:30) - The New Goals Of Thrive FP
(51:20) - Freedom To Vs. Freedom From
(54:20) - Ryan Outro & Takeaways
Transcript
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| 0:00.0 | You started over completely at 35, right? |
| 0:04.0 | With like nothing. |
| 0:05.0 | Single broke, living in a rent control apartment in Santa Monica for 400 bucks a month. |
| 0:09.0 | Wow! |
| 0:10.0 | I think you've done over a billion dollars in transactions? |
| 0:13.0 | It's over a billion five now? |
| 0:15.0 | Yeah. |
| 0:16.0 | Well, good work. |
| 0:17.0 | Thank you. |
| 0:18.0 | I'd be more, I don't know, but something like that. |
| 0:19.0 | In hindsight, I did it, I suffered for a long time and it was unnecessary suffering. |
| 0:22.9 | If I could have gone back with what I know now, the older JP could have spoken to younger |
| 0:26.5 | JP, I would have said, trust me, your ship's gonna come in. |
| 0:30.0 | That investment right now into your why, it might be more important than your investment |
| 0:34.1 | in your business. |
| 0:35.1 | Wow, that's bold. If you go for the money first and don't |
| 0:38.3 | have your house in order on the other side, you're going to be vastly disappointed. Oh, do I get that? |
| 0:44.0 | Now that I know what I love and what I believe in, I can't go back to me in that person I was eight years ago. |
| 0:49.1 | Like, I can't talk my way out of this because I know it moves my heart. You're an entrepreneur because you want to |
| 0:54.2 | make a lot of money, but why do you want to make a lot of money? You want to have a great lifestyle. |
| 0:59.8 | You want to have awesome experiences. But why do you want those things? If you can answer that question, |
| 1:07.1 | I bet that you can have a really profitable business faster. |
... |
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