Episode 27: The Entrepreneur's Resilience Handbook
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Episode 27: The Entrepreneur's Resilience Handbook
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Narrated by:
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About this listen
Nate and Cole share personal stories of their most challenging real estate moments and how they transformed these potential disasters into opportunities that strengthened their businesses and mindsets.
• Nate recounts managing a duplex that caught fire when a child found a lighter and toilet paper
• The catastrophe led Nate to purchase the property, get his GC license, and transform it into a profitable investment
• Cole details a $150,000 mistake on a 7-unit portfolio caused by misunderstanding commercial appraisal processes
• Despite the refinance failure, the resulting high cash flow became the foundation supporting Cole's entire portfolio
• Both hosts emphasize the importance of having experienced mentors to help catch potential mistakes
• Real estate success requires resilience, adaptability, and viewing obstacles as opportunities for growth
• Learning to pivot when things go wrong is what separates successful entrepreneurs from those who give up
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