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Capitalism.com with Ryan Daniel Moran

How This Surgeon Out-Earns His Salary With A Real Estate Side Hustle #TheOnePercent

Capitalism.com with Ryan Daniel Moran

Capitalism.com

Business, Entrepreneurship

4.8802 Ratings

🗓️ 10 February 2020

⏱️ 56 minutes

🧾️ Download transcript

Summary

Tom Burns is still an orthopedic surgeon in Austin, Texas but he made his REAL money in real estate.

He has over 20 years of real estate experience, both locally and internationally, involving acquisition, development, and management of multifamily property... but more importantly than all of that, he is happy.

He has found the work-life balance so many entrepreneurs are chasing and in this interview Ryan asks Tom how he has managed to have it all.

Reach out at:
tom@presarioventures.com

Transcript

Click on a timestamp to play from that location

0:00.0

So I was seeing patients in my office, saw a patient, said, I'll be right back, slipped out the back door,

0:06.4

drove down eight blocks, quick went through the place, made an offer, got it accepted, and came back

0:10.4

and kept seeing patients. So that's how we did it, mostly weekends, morning, weekends, early mornings,

0:17.2

in the evenings. And then as my real estate income started getting more prolific, I was

0:23.9

able to sort of cut back on days and that scale just kind of changed like this. And you're still

0:28.1

practicing today, correct? I am. I did surgery this morning. And spreadsheets this afternoon.

0:34.8

It takes one free person to create change. This is the show for them. We are the

0:42.2

creators of the free world. This is capitalism.com and we are the 1%. What's up everybody? Welcome to

0:52.6

capitalism.com. Hey, uh man, this is a really good one.

0:57.5

This is so good. It's, it's, is epical a word. Is see money is shaking his head? He's saying,

1:05.0

no, it is not a word. It is not a word. So it's not ethical. Well, this is really good. You see,

1:08.7

I think in today's fast ethical. Well, this is really good. You see, I think in today's fast-paced entrepreneurial world, we're so demoralized when we have a punch in the mouth, meaning like someone doesn't like us on the internet.

1:23.3

That's how thin-skinned we are.

1:26.3

And today is such an amazing reframe.

1:30.3

If you, like if success is your calling, if success is the thing you desire most, this might be one of the most valuable hour-ish of your life.

1:48.3

And the reason for that is we are, we're spending an hour with a friend of mine in Austin.

1:53.7

His name is Tom Burns.

1:55.2

He's sitting right here right now.

1:57.8

And what we talk about in this podcast is is just such an important framing of success,

2:08.2

of defining what it is that you want up front, playing for the long term, doing the right

2:14.0

things for a very long time, and not looking at the scoreboard, which is such

2:20.4

a difference from what we are fed in the media. And by media, I mean Facebook ads, YouTube,

...

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