REI076: Paralyzed NFL Player to Serial Real Estate Entrepreneur w/ Terrence Murphy

Millennial Investing - The Investor’s Podcast Network

IN THIS EPISODE, YOU’LL LEARN:

4:07 - Lessons Terrence learned from having a dream he worked his entire life for ripped away right after it was achieved5:42 - What mindsets to cultivate and actions to take in order to persevere in hard times6:28 - How adaptability and being “smart enough to know what one doesn’t know” can help propel one’s career 9:00 - How to avoid struggling financially or going broke (as an NFL player) after retirement 12:49 - Why real estate is a good backup career and where to begin/what to focus on once you’ve decided to go full time 14:26 - How to scale your company and best manage multiple real estate businesses (i.e. real estate brokerage, a property management company, a mortgage company, an insurance company, etc.) 21:59 - Which real estate business is the most profitable 26:31 - Why hiring candidates with little to no experience may be the best strategy for entrepreneurs29:59 - Whether to focus on one business or juggle multiple businesses at the same time37:36 - How to set up a personal portfolio outside of one’s business 41:22 - Terrence’s financial worries for the next one to five years and how he is making preparations to protect his investments 43:17 - Which habits or principles to incorporate into your life that will help lead to your successAnd much, much more!

EPISODE RESOURCES