Multifamily Investor Student Case Study with Neil Schoepp

This episode of the Movers and Shakers podcast features Neil Schoepp, a former police officer, firefighter, and pizza guy who transformed himself into a successful multifamily investor and life coach. Gino Barbaro, the show’s co-host, narrates Neil’s journey and highlights key takeaways for listeners seeking similar growth.

Early Life and Career Shift:

• Neil initially joined the police force for the salary and benefits, but the experience shaped him into someone who wanted to help people.
• He transitioned to the fire department, serving for 14 years.
• Leaving firefighting was a difficult decision, but Neil desired more control over his time and a career path focused on growth.

Skepticism and Self-Doubt:

• When Neil first encountered Gino and the Jake and Gino community, he was hesitant. He questioned the legitimacy of multifamily investing and whether it was something he could achieve.
• Despite initial skepticism, Neil joined the community, a decision Gino attributes to Neil’s willingness to be coachable and put himself out there.

Planting Seeds and Growth Mindset:

• Gino emphasizes the importance of planting seeds and creating a supportive environment for growth. He highlights how Neil’s initial investment of $3,000 blossomed into a thriving career.
• Neil acknowledges how Gino saw potential in him that he didn’t see in himself. He credits the community and mindset shift for his success.

Breaking Through Limiting Beliefs:

• Neil reveals his past negative perception of business, viewing it as exploitative. This stemmed from his blue-collar background and limited exposure to positive business role models.
• He advises his younger self to pursue a side business while maintaining the W-2 job’s stability and benefits.

Identity Shift and Taking Action:

• Neil discusses how changing his self-image from “pizza guy” to “multifamily investor” was crucial. This shift motivated him to take action, such as contacting brokers and learning the ropes of the industry.
• Gino highlights the power of identity and how acting “as if” can lead to becoming. Through consistent action, the desired identity becomes a reality.

The Importance of Community:

• Neil emphasizes the invaluable support and positive reinforcement he received from the Jake and Gino community. Surrounding himself with like-minded individuals fueled his success.

Key Takeaways:

• Our behaviors and beliefs are learned. We can choose to rewrite our limiting narratives and create a new path.
• Money and wealth are not inherently bad. Our perception shapes our relationship with money.
• Building a strong foundation in mindset through tools like the “Energy Leadership” book can significantly impact your life.
• Journaling daily helps track progress, identify limiting beliefs, and celebrate wins. Surround yourself with a supportive community that fosters growth and accountability.
• Identity shift is powerful. By acting “as if” you are already who you want to be, you can make that identity a reality.

This episode is a testament to the power of self-belief, community, and taking action. It encourages listeners to overcome limiting beliefs and pursue their dreams through mindset shifts and consistent effort.