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Lifetime Cash Flow Through Real Estate Investing

The Power That Comes From Failure | Ep. 1,242

Lifetime Cash Flow Through Real Estate Investing

Rod Khleif

Investing, Education, Business

4.61.4K Ratings

🗓️ 30 April 2026

⏱️ 6 minutes

🧾️ Download transcript

Summary

This episode of Own Your Power dives into the true power of failure, revealing how setbacks are not endings but essential stepping stones to growth, resilience, and long-term success. It challenges the fear that keeps people stuck in comfort by reframing failure as a learning experience, not an identity, and highlights how every successful person has failed repeatedly on their path. Through powerful stories and practical strategies, listeners are encouraged to take ownership, stay curious, surround themselves with empowering people, and keep moving forward, understanding that each failure brings them closer to their goals and ultimately shapes the life they truly want.  Own your power with this Success Tip.  


For more about Rod and his real estate investing journey go to www.rodkhleif.com

Transcript

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0:00.0

So have you ever wondered how you could partner with my team and I and how you can be directly involved in the investing process and actually really learn this business in the inside while you're invested? Well, if you're an accredited investor, here you go. See, if you're an accredited investor, you should listen up. We've got an unbelievable deal on six assisted living facilities that we have under contract in Texas, and we're buying them for a fraction of

0:21.2

what they cost to build. We're paying about $40,000 a unit, and you can't build them for less

0:25.8

than about $250,000 a unit. So I don't know if you're aware. There's about 8,000 people a day

0:31.5

turning 80 in this country, and there's going to be a huge shortage of beds for seniors.

0:35.9

The returns on these deals look fantastic. So if you're interested, text the word partner to 7-2-3-4-5 and talk to my team. Again, that's partner to 7-2-3-4-5. All right, let's get to it. Today we want to talk about the power that comes from failure. Yes, I know, I said it, failure. Now, if you know my story, you know, I'm the poster child for that particular topic, and I'm very familiar with that particular topic. You see, I lost $50 million in 2008 in that crash. Now, I like to call it a seminar. Now, it's a very freaking expensive seminar, but it's a seminar nonetheless. Now, here's what you may not realize. Incredible power came from that seminar. I wouldn't be

1:12.2

here with you right now if that hadn't happened. My students now own, I believe around 300,000 units.

1:17.3

That wouldn't have happened. So many people fear failure and as a result, very often that fear

1:22.3

paralyzes them so they don't take any action whatsoever. They stay in a mediocre or comfort-based existence their

1:28.2

entire lives just by getting by because of that fear of failure. What they don't realize is that

1:33.7

every successful person on this planet has failed many times on their journey to success. Failure

1:39.4

is part of your journey towards success. Failing shouldn't be something you fear, but something you look at as a learning or growth opportunity. Again, that's why I call them seminars. Well, people don't realize is that when you fail, it's just an event. It's not who you are. You know, I had the distinct pleasure of meeting Sarah Blakely. So she's the billionaire owner of Spanx. And I met her at a mastermind that I was attending. And she started with

2:01.3

$5,000 and, you know, I've seen her in Forbes on the billionaire list. Now, she told me that she never had a fear of failure because of her father. You see, at dinner with her brother on a weekly basis, her father would ask them, what have you failed out that week? And he'd be disappointed if they didn't have anything to share. And if they did fail at something, he was excited and he'd high

2:18.9

five them. And then when they failed at something, he'd have

2:21.7

him explore it and reframe it and identify what they learned. And she considered that attitude

2:26.9

around failing as the biggest reason for success. Albert Einstein said, anyone who's never made a mistake

2:32.2

has candidly never tried anything new. You see, failure doesn't mean you're done.

2:36.0

Failure just means you get to try again with a lot more experience.

2:40.0

Don't ever fear failure.

2:42.0

Fear being in the same freaking place next year that you are today unless you absolutely

2:46.0

freaking love where you are today.

2:48.0

Instead of worrying about failing, worry about the incredible chances you can miss if you don't even attempt something. The only real failure is when you stop trying. The only failure is when you give up. You see mistakes and setbacks and failures are all a part of life. If they don't happen to you, you'll never learn and you'll never change. For example, what would happen if Oprah Winfrey had quit when she was fired on her first TV job

3:08.4

because the people told her she was unfit for TV?

...

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