Creative Capital Podcast 142: 3 Tips on How to Live a Full Life with Scott Krone

Feb 18, 2022

Did you know that you are one tweak away from turning your mundane living into a full life? In this episode, Scott Krone talks about the meaning of living a full life, a transformational life. According to Scott living transformationally happens in the macro and micro-decisions.

Scott is a Chicago native whose career in architecture began in 1991 by pursuing his Masters of Architecture from the Illinois Institute of Technology. In 2012, Krone founded Coda Management Group, he has authored High Performance Homes – Navigating the Green Road to Your Dream Home, a book for homeowner’s seeking to incorporate green technology into their home, and most recently Scott also founded a revolutionary storage business The One Stop Self Storage. It’s committed to making its members’ time of transition rewarding and strives to remove challenges and hurdles commonly found in the industry.

[00:01 - 13:41 ] Opening Segment

• How this episode impacted Josh
• Reminder: Follow us on social media via the links below
• Scott shares his story and how he got involved in real estate
• The lessons that Scott learned from his first deal
  • How to think in terms of your options 

[13:01 - 24:46 ] Pivoting Intro Self Storage from Architecture and Development

• Leaving a successful corporate job for a start-up
• Where the economy is headed in the next few years
  • The major indicators of a recessionary market
• When should you buy a property?
  • It doesn’t matter if you’re in a recessionary or bull market 

[24:47 - 46:15 ] Living a Full Life

• What it means to live a full life
• Living transformationally
  • The difference between living a mundane life or living a transformation life is change
  • Living transformationally is made in the macro and micro-decisions
• Most people live lopsided lives; thriving in one area but failing in the others
• Keys to living a transformational life
  • Committing to long-term decisions
  • Trying new things and setting new goals
• Scott shares a story about how trying new things can lead to fun experiences 

[46:16 - 58:27] Closing Up!

• PodDecks
  • What is your theme song and why?
  • What is your recurring nightmare?
• Core four
  • Favorite real estate-related book?
    • The Road Back to You by Ian Morgan Cron
    • Storing Up Profits by Paul Moore
  • A unique skill that helps you become successful
    • Inquisitiveness
  • Something true about real estate that nobody believes
    • Success is easy
  • One thing to succeed in real estate investing
    • Invest in yourself by getting mentors
• Connect with Scott through the links below 

Key Quote:

“Transformational [learning] is undergoing the process of being and growing in your abilities, in your thinking, and always learning in expanding your boundaries.” - Scott Krone

“A lot of times we are trying to treat the actual result of the pain, but not addressing the source of the pain.” - Scott Krone

Resources Mentioned

• The Road Back to You: An Enneagram Journey to Self-Discovery by Ian Morgan Cron
• Storing Up Profits: Capitalize on America's Obsession with STUFF by Investing in Self-Storage by Paul Moore 

Connect with Scott

Linkedin: /in/scott-krone/

Facebook: @CodaManagementGroup

You can reach and connect with me on Facebook, LinkedIn, Instagram, and Youtube

You can also email me at [e-mail]

For more information about Ferrari Capital visit us on our website https://www.ferraricapital.com

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