In this powerful episode, guest Joe McCall shares his story of how he went from being buried in debt, on the verge of losing his home and getting put in prison, to living the life of his dreams–while running his multi-million dollar business from a laptop. He shares how he did it by making a crucial life plan, facing financial struggles head on, and revising his perception of how much money you truly need to be financially free today on What’s Working Now.
3 Key Takeaways
- Make a plan: know what you want and reverse engineer it. Start by sitting down and thinking about your ideal life.
- Create a system for tracking your expenses and income. If you’re not good at it; find someone who is–don’t stick your head in the sand.
- It’s NOT about making more money to gain financial freedom. Instead, determine how much money you need to make in order to live the lifestyle you want.
Listen to the Full Episode
Show Notes
[00:00:00] – Joe McCall is a real estate investor, podcaster, and coach. He travels the world with his family for months at a time. He runs his multi-million dollar business from a laptop.
[00:01:16] – After college, he became a professional student of real estate. He quit his job in cubic hell and started designing a business that allows him to work from home and travel with his family. Joe shares how he almost went into bankruptcy when the real estate market crashed and how he paid all of his private investors and the nearly insurmountable sums owed to the IRS back.
[00:25:22] – Entrepreneurs and CEOs take on a lot of responsibility; they think they need to be the expert in all of the things in their business, but they don’t. Everybody has a genius zone. What is their unique ability? What energizes them? Hire people to do the things that they love.
[00:32:02] – Ask others where they think your genius lies so you can focus on helping others with the things that light you up.
[00:36:40] – Joe has the courage to ask difficult questions and from those difficult questions become extremely intentional in his life. In business, the more money you make, the smaller your profit margins get. What brings you satisfaction is what’s in your vision.
[00:49:31] – Joe talks about the things he’s doing today in the business and with his sons.
[00:52:37] – Joe is a grounded, stable entrepreneur who’s not getting caught up in the vanity of entrepreneurship. He shares his story with everybody who is listening today in the hopes of inspiring others to find real financial freedom.
Resources
Rich Dad, Poor Dad by by Robert T. Kiyosaki, Tom Parks, et al.
Real Estate Investing Mastery Podcast
Profit First by Mike Michalowicz
The Big Leap and The Genius Zone by Gay Hendricks
Webinar: simplelandclass.com
About Joe McCall
Joe is an entrepreneur, investor, and coach who is best known for his work in the real estate industry. He is also a podcaster and author, and is passionate about helping others achieve their goals and live their best life. Joe has an incredible story and unique perspective, which he shares in order to help others achieve their own dreams.
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