In this episode, Jake and Gino discuss how values-based decision making has impacted a tough choice they had to recently make in their real estate investing business. They recently sold a multifamily property in Louisville, KY, which is a rare occurrence as they typically like to hold assets for the long term.
“Life shrinks or expands in proportion to one’s courage.” – Anais Nin
There were some changes in the state of Kentucky that did not align with their values. George Washington said “Freedom and Property Rights and inseparable. You can’t have one without the other.” We value freedom and property rights and therefore, it was time for us to walk away.
We challenge you to begin creating core values for your business, if you haven’t already. If a situation arises that is not in alignment with your values, then you can act on it and continue to live by those values.
01:00 Why values-based decision making
02:01 Non-alignment with your core values can cost you dearly
03:42 How to figure out your core values
06:18 How Jake & Gino apply values-based decision making in their Multifamily deals/transactions
11:40 The 100 Year Mindset
14:38 “Life shrinks or expands in proportion to one’s courage.” – Anais Nin
19:15 Your happiness with your spouse is most important
21:10 You need clarity to design your life
23:20 “We see the world, not as it is, but as we are──or, as we are conditioned to see it.” – Stephen R. Covey
Check out the podcast to learn how values-based decisions can help you transform your life too.
Additional resource: Why Values-Based Decision Making with Rick Sapio: https://ytube.io/3M3a
Download our eBook on how you can leverage on our Dual Asset Strategy and become your own source of financing: https://100yearrei.com/ebook-download/
If you want to learn how 100 Year Mindset can help you create consistent cash flow income streams and long-term generational wealth, get in touch with our Team now: https://100yearrei.com/callnow/