Steven has reached a milestone that many don’t in podcasting, with this episode he is celebrating publishing 300 episodes!! With over 750,000 downloads and reaching 10s of thousands of people, Steven is very grateful for each and every one. In this episode, Steven delves into what having an Investor Mindset is all about and how you can develop it to make the impact you want in your life as well as the lives of others.
Steven has reached a milestone that many don’t in podcasting, with this episode he is celebrating publishing 300 episodes!! With over 750,000 downloads and reaching 10s of thousands of people, Steven is very grateful for each and every one.
In this episode, Steven delves into what having an Investor Mindset is all about and how you can develop it to make the impact you want in your life as well as the lives of others.
Key Takeaways
Resources Mentioned
Free Online Training: Investing to Hedge Against Inflation at http://investormindset.com/start
Steven Pesavento 00:05
This is the Investor Mindset podcasts And I'm Steven Pesavento. For as long as I can remember, I've been obsessed with understanding how we can think better, how we can be better, and how we can do better. And each episode we explore lessons on motivation and mindset for the most successful real estate investors and entrepreneurs in the nation.
Steven Pesavento 00:32
Welcome back to the Investor Mindset podcast. I'm your host, Stephen Pesavento. And each week, we share mindset tips, and real estate investing strategies to help you take your business and your passive investing portfolio to the next level. I'm excited because we've reached a major milestone majority of podcasts never reach. And I'm excited because of the amount of impact that we've been able to do it. We're at Episode 300, who would have thought back in in 2019, that we'd be able to get this far and stick in it for going on three years. And we've we've done nearly 750,000 views or downloads, we've reached 10s of 1000s of people who have subscribed on our email list who have dove in into the five success principles or the passive investor playbook, and worked with tons of people who have invested directly into the deals that we do at VonFinch, I am the utmost grateful for the opportunity to be here and to be able to serve. Because at the end of the day, what is most important to me, is being able to make an impact. Now making a great income is important. But what I found is that by focusing on impact first, the income seems to always follow.
Steven Pesavento 01:49
And what I want to talk to you about today is a recap and reminder about what the investor mindset is all about. The investor mindset is about training, and introducing you to this idea of thinking like an investor. It's about taking the income that you earn in your business or your career, and investing that into new assets, to investing that into new assets that create wealth and cash flow for you and your family and allow you to do the things that you actually want to do. You know, it's about planting those seeds that eventually are going to grow, to feed your family and fund your future. And to allow you again, to live the life that you want to live. Because I believe that life is all about creating options. It's all about having the ability to do what you want, when you want however you want. Now many of us go into careers, and we find a true passion and a love for the work that we're doing. And I don't encourage anyone to stop doing something that they absolutely love. However, what's amazing and incredible is that you can actually take that thing that you absolutely love, take the income that's out of it in place that into the right type of assets, to be able to create the option to build to do whatever you want, whenever you want. If that means continuing to work hard and create impact in your business or in your high professional career. Phenomenal, keep doing exactly that. But for some people out there, they're in positions where they don't love what they're doing. And they'd love to have the option to be able to say I want to take a little bit of time off and figure out what's right. But so many people that I meet every day are not job optional. They they are required to go to work, they're hoping for that future, that their career tells them that they're going to be and one of the best ways to ensure that your future is going to be going in the direction and end up creating that picture that you want is to take some control in the process. And one of the best ways to do that is through educating yourself. And that's why I'm so grateful that I've been able to be a part of going out and finding great answers, finding great mentors, being able to bring them on the show and be able to share that with each and every one of you
Steven Pesavento 04:08
Wanted to pause from today's conversation to share something that's been heavy on my mind, as I'm talking with investor after investor and I continuously hear this concern. It's the concern about inflation. We've seen some of the highest inflationary periods in the last 20 years up 7.5%. Some believe inflation is actually closer to 20%. But what does that mean for you? What the core means when money is sitting in your bank account, or it's not an assets that are hedging against inflation, that you're actually losing buying power? So what does that mean? It means other things around us are getting more expensive. And the dollars that are sitting in your bank account are becoming less valuable. So what do you do about it? Well, one of the best hedges against inflation is investing in real assets specifically, real assets like multifamily and why is multi Family is so powerful for hedging against inflation. Well, we've put together a phenomenal 30 minute purely educational webinar to be able to share with you why multifamily is such a powerful opportunity right now, why it makes sense to invest in a very hot market, because inflation is so much hotter, and exactly how you can get involved. Now, if you're interested in learning more and, and educating yourself and potentially having the opportunity to get involved and actually hedge against inflation yourself, then I encourage you head over investor mindset.com/start. That's investor mindset, calm slash start. And you can register for this 30 minute presentation, that's gonna be able to bring you through all of the reasons that you need to know and understand to avoid some of the biggest common pitfalls when it comes to investing, while also setting you up to invest to hedge against inflation, through and through, enjoy. And let's get back to the episode.
Steven Pesavento 06:02
At the core of the idea of investing is about creating a return on your investment, creating a return on the time that you're putting in soaking up great material and lessons learned from episodes and teachers and mentors. And people were sharing very prolific amounts of information, but simplifying in a way that you can actually run with, as well as return on the dollars that you're placing into your investments, you know, so oftentimes, when I meet people, and they're just getting into this space, they've got all their money tied up in Wall Street. And although I definitely believe in equities in Wall Street and playing a role in your portfolio, for most people, that's the only option that they have that the only thing that they believe will actually work for them. And it's astounding, but it's exciting to be a part of this movement of people really sharing that there's other options, and that the private markets in particular, ie for us are, we're heavily focused on real estate, the private markets in particular, are so powerful and be able to not only create a higher return, a more secure return with less fees, and more upside for you as the investor, but to be able to be close to the action and actually see and have an influence and impact over what those dollars are going towards. You know, when you invest in Apple, you can maybe make a phenomenal return. But you sure in the heck can't call up Tim Cook, or back in the day couldn't call up Steve Jobs and be able to make an impact or influence the decision of where that company is going to go.
Steven Pesavento 07:39
As you invest as a passive investor, you're in a position to be passive, and you're looking to invest with true experts in the field. However, you absolutely have an impact every time you talk with a great sponsor every time. Personally, I talk with investors, and our team talks with investors, we're taking in new information. What do you like? What are you looking for? Do you like cashflow? Are you looking for wealth or equity growth? is important for you to have income now? Or are you looking at what that income or that growth is going to be over the long term. All of those answers end up directing the types of deals that we do and bring to the table. Because as we get to know who our partners, our limited partners, people are investing in deals, just like hundreds of people invested with VonFinch just in this last year alone, even each of those people, they may be passive, but they absolutely have an impact, and they absolutely have influence.
Steven Pesavento 08:37
And so what I want you to take away from today's conversation is the reminder of the concept of the investor mindset. What is this really about, it's about putting the tools in your hand, to be able to live a better life to live the life that you want to live the life that I'm living the life that I'm looking to inspire people live. And part of that process is earning great income, finding a skill, something that you love doing and putting your time passion energy into it. And then taking the winnings of those earnings, carving off a portion of it. Maybe for some of you that's 10% Maybe for some of you that's 50 to 80%, depending on what your income level is. And then placing those seeds into investments that will be able to feed your family and create the future that you absolutely know you deserve. And, frankly, by learning this stuff that you're going to earn. And so I appreciate all of you for helping to contribute to those 750,000 downloads and views for all of you who've subscribed for all of the reviews that have been written hundreds of reviews, sharing the message and the impact helping to promote that impact that we're making in the world. And I just want you guys to know that I'm here because I really believe in the stuff that we share on the investor mindset. I really believe in The investments that we do I put my own hard work and money into every single deal that we bring across the table.
Steven Pesavento 10:07
And what for what's the purpose? Well, there's a lot of ways to make money. But I really absolutely at the core believe the most important part of building and growing a phenomenal business is by knowing who you're looking to serve. Who is your ideal client, Who's your ideal customer, who's the the person or people that you think of every single day that is going to end up leading you towards making an impact on their lives. Maybe for some of you, that's your family. Maybe for some of you, that's a friend, maybe for some of you, that's somebody in your life that you know, that you can inspire, to go off and do something great. For me, it's a lot of those things. But at the core, we've built this business around you, around successful entrepreneurs and professionals, people who are interested in growing not only in their pocketbook, through investment, but also in their mind, and they're looking to create a better life. And so that's the kind of people that we attract. That's the kind of people we serve. And what's so powerful about that is it makes life that much more fun when you're interacting in the business every day. So thank you for being a part of that community. Thank you for being a part of that impact. And thank you for being a part of helping me improve and impact the lives of millions of people. We appreciate you listening. If you've been listening for any amount of time and you like what we're doing, I really encourage you click over to Apple click over to your favorite podcasting app and write a review. If you love what we're doing five stars would be great, but write something up and share that we'll be looking to share some of these phenomenal reviews that we have in future episodes. So I really appreciate each and every one of you you guys have a beautiful day and take some action because who knows what's gonna happen the next 300 episodes
Steven Pesavento 11:59
Thank you for listening to the Investor Mindset podcast. If you like what you heard, make sure to rate review, subscribe and share with a friend. Head over to the investormindset.com to join the insider Club, where we share tools and strategies from the top investors and entrepreneurs and how to take it to the next level.