Ep 61 - Top 3 Takeaways From Orlando Mastermind

Multifamily mastermind Orlando, Florida, October 2021.

Hey, everyone. Flip and Danny here with our series Freedom Through Passive Income. We are in the car heading to Orlando and let's see if I can. I don't think I'm gonna. I'm gonna do it this way, so I'm gonna do it this way and I'm gonna try and look and see if you can see the time. You might be able to. It's 4:26. If you can see it. I don't know if you can see it here. Yeah, that was hard. I'm gonna have to figure that one out whenever we're doing these. Anyways, we just wanted to record a short video here on our way to the airport early, early this morning. We are headed to Orlando to a mastermind. And it's a multifamily mastermind because addiction, whatever you want to call it, we are in love with multifamily and anything commercial where we can syndicate and bring in other people to be able to create some passive income. So we're super excited. This is Tim Braatz's group, the Legacy Boardroom. We joined it, I don't know, about six months ago. Yeah, about six months ago. We really, really love this group. Fantastic people. We can jump on a. A call every day at noon. I'm not an affiliate, so I'm not trying to advertise them for them or anything, but we just thought there's some great value there. So this is the. That we get to go to, and we're super, super excited about it. So what we're going to do for this video is we're going to just record this to share where we're going, but then on the way home, we're going to give you the takeaways so that you can learn while we learn anything else. Flip.

I think that's going to do it.

Did you finish your.

My breakfast of champions? My blueberry pop tart? No, I'm still working on that Pop.

Tarts in the morning. All right, we will see you when we return from this trip with great takeaways.

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Yeah. So, again.

Hey, everyone, we are back in Dayton. It's cold here, by the way.

Yes, it is very cold here.

Oh, my goodness. We were in Orlando for the week.

Yeah. It was 70 degrees this morning. It is not 70 degrees now.

We want to move. But we are there for a Mastermind, as you guys already know, because we talked to you and filmed or recorded a quick video when we were on our way to the airport. And so we just briefly ran down our top three takeaways from this week that we were gone. And it's really from the first few days that we were in the Mastermind. And the very first one is the importance.

The importance of masterminds. Sorry. Driving. All of a sudden, I had a blank in my head.

I put you on the spot. I'm sorry.

No, no. But the importance of Masterminds, and I know one would think the importance of Masterminds is because you get to places like Orlando. That's not actually one of the importance of Masterminds. Just being around everyone else that's doing the same thing, you know, or for the most part. I mean, we met one kid that was 19 years old. I mean, I don't. I. It blows my mind to think that he's working on multifamily deals at the age of 19. I mean, I, I don't even want to tell you what I was doing when I was 19, but it wasn't multifamily. That's for sure.

That is for sure. Okay, so. And then number two was crypto. And so that we're. We're getting into this in the. The reason we're bringing this up is because we went to a multifamily event and thought we were going to be masterminding about multifamily only. But that's the great thing about Masterminding is you're going to be talking about many different things because there's many different types of people in there and they're learning new things and they're wanting to share new things. So crypto is big. Yep.

Spent a whole morning on it, actually. I was very surprised.

Yeah. And our key takeaway from that is they said, number one, just get started. Stop. Like, don't pick a dollar amount that you're comfortable with and just get started. That was key. Takeaway number one. And during that event. What'd you do, flip?

I started an account and actually Danny and I are proud owners of 000-000-00007 of a Bitcoin.

I don't know that there's that many zeros on it, but there is a lot of zeros because we, we decided we were going to start and we started small. I think we only did like a hundred dollars in the airport because we want to talk some more before we start investing. We're going to set a in crypto and it's money that we don't care about. Right. We're going to leave it there. It's just going to sit and it's going to go up and down and it's going to be these huge roller coaster that I'll never check. You'll probably.

I'm going to watch it every 10 minutes.

He's going to watch it all the time. He actually said, okay, we just invested in bitcoin and we already lost money.

Five minutes later we lost 45 cents.

Anyway, so the big takeaway for the crypto session was number one, just fiercely learning something new from very big people in the space. And they said the number one thing that you can do right now is just get started no matter how small it is. So we chose a number and we got started and we're gonna invest some more this week. So we're really excited about that. And then our number three is actually here on my iPad. Let me just see if I can look it up real quick. Okay, so Mark Evans is one of the speakers and when he was up there talking, I think you said that there's enough content from Mark that, yeah.

We learned so much from his session alone. And it's Mark Evans dm, which stands.

For dumb and actually deal maker. But that's fine.

But we learned so much from him that we'll probably just do whole recording just on the takeaways that we learned from Mark Evans because, you know, he tells it how it is. You know, he doesn't sugarcoat anything. And we definitely learned a lot from him. But one of the things we learned.

From him was, was this. He said, hard work isn't how you get wealthy. Otherwise coal miners would be the richest people in the world. Yeah, and we thought that was super, super powerful because Flip and I are hard. We're very dedicated, tenacious. We built six companies. I mean, of course we work hard, but that' you know, always the right mindset, surrounding yourself with the right people. So that you can learn ways for your money to be working for you instead of you working to gain more money. So we are continually trying to grow and go down that path. That's why we're doing this podcast, because we're building more and more passive income streams through, you know, many, many different, you know, ideas and opportunities. So those were our top three. We had a ton more, but we said we were only picking three, so we can keep this short. So anything else, Flip?

I think that's gonna do it.

O. Hi, Dayton. And bye, everybody.

Bye. We always like to end with invest smart, live happy.

Bye, everybody.

Bye. All right, we're halfway to our destination, and we're in an airport that we don't normally have a lot of time at. We're usually running from gate to gate. This time we had two seconds, and so we're taking a break, and you see we're in some rocking chairs. So if you don't, you'll know what airport we're in.

You might be making people dizzy, though. We were rocking back.

That's true.

That's true. I'll stop.

Okay. I'll stop. Okay. I guess we should get off to our next gate.

Let's go.

Bye.

Bye.

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