5 • 831 Ratings
🗓️ 23 October 2024
⏱️ 16 minutes
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0:00.0 | Hello and welcome. My name is Gino Barbera, one of the co-founders of Jake and Gino. And in this |
0:05.4 | how-to video, we're going to be discussing how do you get or how do you create the proper |
0:12.9 | mindset to start investing it in multifamily. Now, if you want to learn how to create a powerful |
0:19.2 | mindset and how to really become an excellent |
0:21.6 | investor, I want you to listen to this show because it's not just specifically for multifamily |
0:26.3 | investors. That's who Jake and I like to talk to. That's who we resonate with. But this can be for |
0:30.9 | anybody. And I think mindset is so powerful. And I think the first thing that you need to do, |
0:37.0 | if you're investing right now, |
0:38.6 | you're considering investing, don't think about the return. One of the biggest mistakes that I |
0:45.8 | see beginning investors make is what is a good deal or what am I going to get if I put $10,000 |
0:51.0 | into this? The very first thing that we should all be doing if we haven't |
0:55.8 | is try to understand what our relationship with money is. Now, you may be saying to yourself, |
1:04.2 | what does that have to do with investing? It has everything to do with investing. You need to understand what type of persona |
1:15.4 | you have when it comes to money. Now let me explain real quick. There's several types of personas. |
1:21.0 | I'm going to go through them. And as I go through them, I want you to think to yourself, |
1:24.9 | well, who am I? You may be predominantly one type, but you also |
1:29.2 | may have other types. They may be overlapping. The first one is the saver. Now, I mentioned that one for |
1:35.0 | the first one because I was an M, the prototypical saver. As I grew up, I think you need to |
1:41.3 | understand this. You start creating your values and start creating your |
1:44.8 | personas in your life when you're younger. When you start hearing the people around you talking |
1:48.8 | about certain topics, your values are created from your family, from your friends, from what |
1:53.7 | you're listening to. When I was younger, both my parents, immigrants, they were constantly |
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