Jan 26, 2024
Have you ever wondered how the relentless pursuit of professional success can transform not just your career but your entire life's trajectory?
In this engaging episode, our host Suja converses with Justin Moy, a seasoned expert in commercial real estate syndication. Justin shares his journey from a humble beginning in retail jobs to becoming a dominant figure in the real estate industry. His story is a blend of resilience, strategic investment, and a deep understanding of the sales and real estate domains. Justin also delves into his philosophy of building a work-optional life, emphasizing the importance of creating passive income streams for long-term financial freedom.
At the age of 18, Justin Moy found himself engaged in the challenging world of real estate sales in the highly competitive Bay Area of Carolina, recognized then as the third most competitive market. For six relentless months, Justin dedicated himself to cold calling owners, a task that proved to be arduous, with not a single success in sight. Confronted by this string of disappointments, Justin reached a pivotal moment where he decided to quit his sales job, planning to leave the real estate industry for good. However, as fate would have it, just as he was on the brink of walking away, one more lead surfaced on his dashboard. With a sense of finality, Justin decided to give it "ONE LAST CALL" before completely abandoning the industry. Astonishingly, this last-ditch effort turned into his first listing and purchase, a breakthrough that not only redefined his career trajectory but also earned him a substantial commission of $60,000, marking the beginning of his remarkable journey in real estate.
[00:00:00 - 00:06:00] The Early Years: Retail Struggles to Real Estate Insights
The importance of exploring career options from an early age.
How early career choices can shape future success.
The value of internships in gaining industry insight
[00:06:00 - 00:12:00] Breaking into Real Estate: Hardships and Breakthroughs
Overcoming challenges through perseverance in sales.
The pivotal role of a single successful deal in boosting confidence.
The impact of persistence and resilience in achieving breakthroughs.
[00:12:00 - 00:24:00] The Journey Towards Financial Abundance
Shifting focus from short-term gains to long-term wealth creation.
The significance of investing in real estate for passive income.
Understanding the balance between cash flow and equity growth.
[00:24:00 - 00:30:00] A Roadmap for Sales Professionals
The feasibility of the 'Retire Within 10' plan for high earners.
Balancing risk and returns in real estate investments.
Practical steps for building a diversified investment portfolio.
Quotes:
"I always thought it would be so cool to own apartments and own strip centers." - Justin Moy
"The universe makes you pay for what you want." - Justin Moy
Connect with Justin Moy:
LinkedIn: https://www.linkedin.com/in/the-presidents-club-investor/
Website: Retirewithin10bundle.com
WANT TO LEARN MORE?
Connect with me through LinkedIn.
Or send me an email at sujata@luxe-cap.com
Visit my website, www.luxe-cap.com, or my YouTube channel.
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