But yeah, I mean, there were down periods, dark periods. Instead, Joshua and I focus on the harsh realities of growing an digital empire.\r\r Enjoy!\r\r \u0026nbsp;\r\r You can find more information in the show notes at http://podcast.affordanything.com/episode99 Like you cant find that and all that was out there were communities, forums, but they were all kind of tied to or in cahoots with I call them the gurus, the get rich quick crowd. Purchases from the BiggerPockets Bookstore can only ship within the United States. Amazon donates 0.5% of the price of your eligible AmazonSmile purchases to the charitable organization of your choice.. Dan Daugherty: Ah, I love that. It was excruciatingly slow and frustrating, but we never let up. Host Joshua Dorkin is an entrepreneur, most notably the Founder & former CEO of BiggerPockets. You know, not only are you raising money from people who now, you know, you dont want to lose anyones money, but also just in terms of mindset, you know, that theres the freedom that you think youre going to have may not necessarily be there. very much oversimplifying it. 95 0 obj <> endobj 100 0 obj <>/Filter/FlateDecode/ID[]/Index[95 7]/Info 94 0 R/Length 36/Prev 376417/Root 96 0 R/Size 102/Type/XRef/W[1 2 0]>>stream JOSH DORKIN: But it gave me the time to really think about life. http://biggerpockets.com/moneyshow42Real estate is a hot topic right now, and who better to talk about the subject than BiggerPockets founder Joshua Dorkin a. So we made the decision that we would start and hire one person who could lighten the load for me. All rights reserved. Originally from the Bay Area in California, she studied photojournalism at San . But I wanted to be healthier. Do I hire? You know, we were living pretty tight on what we were making, where we were, as you know, Denvers not inexpensive. The two of them promised me that they would take care of the company in my absense and they certainly did that and I am of course, eternally grateful. I move daily and if not for some nagging injuries, try to get in intensive workouts 5 days a week. I didnt do a lot of that, you know, I didnt want to share my feelings necessarily, in those early years, because I thought it was a sign of weakness. Not a magic formula. BiggerPockets has grown quite a lot since Ive left, and Ive enjoyed watching it take on a life of its own without me steering the ship. As always, I charged on despite my body and subconscious screaming as loud as possible to stop. 40.3K subscribers Thirteen years ago, Joshua Dorkin's friends teased him about starting a website that seemed to have no future. If you dont take the time to find moments for yourself - moments to be present with the world around you, you might be missing some of the best opportunities for personal happiness. And in that time, I realized that I wasnt as happy as I wanted to be running the business, that I went to my wife, year eight of the company, and I was in tears. He started BiggerPockets to help democratize the real estate investing landscape for himself and others, aiming to make it accessible for everyone, regardless of income or education. For returns, refunds, or the status of your order, you can contact. Knowing it wouldnt be wise to drive, I called 911 and a full squad of firemen and paramedics came to visit. Our friend had come over to help out and I was going to rest while she watched the girls. I mean, you know, super, super stressful periods. I take care of myself. $4%&'()*56789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz ? Joshua Dorkin is the founder of BiggerPockets, as well as a serial entrepreneur, investor, podcaster, publisher, educator, and co-author of How to Invest in Real Estate. . How do we make a change, change the way we operate the business so that we, so that Googles algorithm changes become less of a significant impact on who we are and what we do? Dont get me wrong - I used to stress about EVERYTHING. But he came in and was instrumental to advancing the business. The political upheaval, the COVID chaos. And my idea, you know, was one where, you know, VCs and angels thought it didnt have a chance. It's time to start doing And this book will show you exactly where to start! Is that true? Its fantastic. serendipitous mindset, but you also need to understand who you are. But Im not currently on it. But then I, you know, just went balls to the wall, so to speak, and, you know, was doing 80 to 100 hours, trying to build this thing out. Have you had additional clarity from just taking a step back? You know, Im not without stress, and headaches. Dan Daugherty: Welcome to this episode of The Big exit. Is it impressing other people? Joshua Dorkin Oct 2016 Mar 2021. You know, I want to learn how to be happy. A thought experiment My daughter posed the following question: It is raining outside at a constant rate. Read it!Ryan Harris, Super Bowl 50 Champion and real estate investor. Check it out below and hopefully you learn not only a little more about me, but you also pick up some tidbits about business, entrepreneurship, work-life balance, family, and important time-management habits. I hope to share that journey with you all via this blog, and perhaps through other forms like video or a podcast. Make sure youre doing everything you can to live your best life. \"I was working a full-time job making no money as a teacher,\" Dorkin says, \" and then [I] quit that job, reliable income, to blindly create this platform for other people. This caused a shift in Joshuas reality, so he dropped everything. I had time to wonder, time to wander, and time to contemplate my life and my happiness. (BTW - Ill certainly talk more about working on a business at another time). But, you know, I now have a formula on how do I get rid of them. In the early 2000s, Dorkin bought rental property in St. Louis andafter adding up what he could charge for rent and subtracting his expected expensespredicted hed make a tidy profit. But, yeah, no, its been a very, very long journey. What do I do? We're confident in the quality of our books. There are few things worse than seeing your child suffer and this period was easily the worst of my life. Where are you spending all of your money? +TYKqXLfsid| So the operating manual was how do I go from unhappy to happy. Copyright 2019 Joshua Dorkin. and they hold the #1 real estate podcast on iTunes. Yeah, yeah. But, you know, Ive written a book before with Brandon on real estate. You know, dont keep doing things that keep you super stressed out. I felt trapped. Lets just do it. Oh, and were living on a rock in the middle of the ocean during a pandemic, which means that getting your hands on materials that arent here in Maui, is a game of patience. Why I left BiggerPockets is a little more complicated. This keynote speech goes deep into what really matters most. And you are in Hawaii now, right? They checked my blood, my heart, my eyes, and did a CT with contrast of my head and neck to check my brain and blood vessels. This terrifying situation broke us, but didnt defeat us. I mean, whatever it is. It was time for me to step down, bring in partners, and move on from the day to day running BiggerPockets. . And so what I tell my friends and just people that you know if I ever am speaking is, you know, you got to take care of your first, yourself first. Over the months and months that I spent caring for her, I had something I had never previously had in my adult life - time. You know, I was in an industry where there were entrenched interests that wanted me destroyed from the get go. hbbd`b`ab`gb`\ '11d; Z endstream endobj startxref 0 %%EOF 101 0 obj <>stream Josh talks about what he did to get to a place of happiness and how big changes in his life became catalysts that helped him, his family, and the business grow. And you know, continue to love Bigger Pockets and love how its impacting peoples lives. I think its one of the top hundred podcasts in the world, give or take. And so yeah, that becomes stressful. Most people do what they can to help others out, and I wanted to share a little tip along those lines that I dont think a lot of people are familiar with. Like, dont do, keep doing things that make you miserable. The impact of the site, the podcasts, the dozens of books, the videos cant be measured in KPIs alone, but must be measured by lives changed for the better.As a result, BiggerPockets helped transform an industry. For those of you who don't know Josh, Josh is the founder of BiggerPockets.com. For locals, by locals. I get to advise Scott and the current leadership team alongside some incredible partners. But I just got caught up in the details, I got caught up in every little detail. Dan Daugherty: Well said. I want to, I listened to experts on it. Im 43 and I know Im not a kid anymore. Is it all the material stuff? And I guess, you know, if you dont mind me throwing this in there, you know, if you raised money, or if you bootstrap, you know, its fighting for exit is, I think, one way to run a business, I think the other way to run a business is fighting to create an amazing business. Josh Dorkin and Brandon Turner - longtime hosts of the world's number-one real estate podcast, The BiggerPockets Podcast - give you an insider's look at the many different niches and strategies that exist. Josh Dorkin's Blog BiggerPockets Turns 18 Years Old! You are also, obviously Bigger Pockets continues to grow, still the top everything, the community, the podcast. Denver, Colorado, United States. The Digital and eTextbook ISBNs for How to Invest in Real Estate are 9781947200050, 1947200054 and the print ISBNs are 9780997584707, 099758470X. So, I thought there had to be a better way. I put on my headset and Id walk around the neighborhood and I easily got my 10,000 steps. So, you know, the decision was, do I raise money? So I hired a consultant and he came in and we looked over the business. The Hobby that Turned into a Lifestyle Business When I founded the company I was teaching full time at a special ed high school in the Los Angeles area. You know, with. I didnt, you know, if there was emergencies, youd deal with it, but like, that was it, that was what that day was about. I remember the exact phone call that I made to the two of them to tell them what was going on. And the platform itself, your business, whatever it is, is not going to be able to blossom. Joshua Dorkin Public figure Father. And, you know, were in a position where we have an opportunity to do something like this, like, do it. BiggerPockets has also added a publishing arm, which released Set For Life on April 23just in time for the height of house-hunting season. Instead of getting my hands dirty building product or testing some new landing page or campaign, I was overssing someone else that was. With over 100 million prime members, theres about a 1 in 3 chance you are one and if you are, theres a close to 50% change youre shopping there once a week. If thats the case, figure out what you need to do to change and the big challenge I think most people have is thats so big and tenuous, like, what do I do? I mean, nights, weekends, you name it, seven days a week. There were books, but like, you know, the books were pretty general, they didnt really say, what do you do when your tenant is stealing electricity from the building next door? Dan Daugherty: And you have that almost daily and you have to have that type of growth mindset. Of course, this was an extremely difficult transition for me, but I believe that several years later, I have become a highly valued board member that contributes immensely to the business and Im hopeful that I can find other opportunities to do the same for other companies. You know, I didnt know if I needed to take an ambulance to the hospital. Weve replaced iced teas, sodas and juices with water in the last decade, and rarely, if ever will I drink alcohol. Here youll have a chance to follow me via this blog and to explore the ideas, products, services, books and many other things that influence me. Is it all the hustle and grind? Highly recommended!" Nat Borchers, retired pro athlete, I began to feel hopeful and knew at some point wed all be able to move on - no matter the outcome. And, you know, Ive been investing, you know, since my exit, in different things, looking for, you know, startups to get involved with, looking for boards to become a part of, looking to advise, Ive been advising some small companies kind of off the books. |8{'t o`7p\2K`0rS%O|>. Z|\ ~kqCi\hPmskwJLP5|/(X.T We had kids at that point. Heres your host, Dan Daugherty. And in that time, I realized that I wasnt as happy as I wanted to be running the business. But, you know, I didnt do a lot of that, you know, I didnt want to share my feelings necessarily in those early years, because I thought it was a sign of weakness. This happens so often where and you mentioned it, its at the SEO algorithm, is it, its almost like youre manic because one day you just closed a really large client, youre all celebrating, and then the next day, all of your servers crash. Absolutely. You know, we cant ignore SEO, we cant ignore these things. Many of you already know my story, but it is always a privilege to have the opportunity to share it with other entrepreneurs in person, at events, and of course, via podcast conversations. In my case, the two things most searched are my net worth and why I left BiggerPockets. And so I think that mindset is exceptionally important. Horrifyingly scary, where I was in my, in the office and I broke down and just I was in tears. What are you waiting for? I know far too many people who live the non-stop life and many, if not most, are unhappy. In 2006, Brandon Turner got married to Heather. Joshua Dorkin, Brandon Turner. As I sat there trying to relax, things didnt improve and I knew I needed to go in. My excitement for the company and brand never waned, but I really stopped loving going in to work, but didnt know it. Whether it is the struggle to communicate at checkout while you and the cashier are donning masks, or the untrusting looks from everyone around you, the entire experience is less pleasurable for all of us. Joshua Dorkin is the founder and former CEO of BiggerPockets, launched on October 22, 2004. Twitter View on Twitter. But yeah, what else you got? He was the longtime co-host of The BiggerPockets Podcast, and he's the author of seven books that have sold more than a million copies combined. Shipping rates vary depending on location. Of course I was happy to have an amazing loving family and a successful business. We grew the platform and its offerings.