And in that time, I realized that I wasnt as happy as I wanted to be running the business. I was kind of tired, I was kind of ready for the next thing. Suite 675 And particularly, I think the most stressful part was, I was by myself, to your point. His vision for the site and its future brought national press attention to both Mr. Dorkin and to BiggerPockets. You know, these little things allowed me to continue to work, do my job and stay healthy at the exact same time. 1065 episodes totalling 1002 hours, 17 minutes. Six years later and a full eight years after I founded the company, I hired my first full-time employee, Brandon Turner, who helped me create our podcast and was crucial in the next stage of growth of the business from lifestyle business to full fledged company. . And after about two years, I quit my job teaching and I went full time. Knowing it wouldnt be wise to drive, I called 911 and a full squad of firemen and paramedics came to visit. Sarahbeth Maney is a Washington, D.C.-based photojournalist and a photography fellow for The New York Times. And I did it without freaking out or getting stressed because doing so doesnt help. Bye. Josh Dorkin: So it must have been 07 maybe that that we connected and you and I were talking about, you know, you were thinking about buying different companies, and we were just chatting about that, and that didnt go well for me. Dan Daugherty: That is, as you know, I have two little ones of my own and that is, that changes everything, and Im glad that you priorities that over anything else. As a father, this is what Im excited to see happen for my kids soon, and as an entrepreneur, I cant imagine being more proud than building something amazing that can live on beyond me like BiggerPockets has done. The real estate industry is huge, and often complicated, but this book clears away the fog and uncertainty in a fun, easy-to-read manner. In 2006, Brandon Turner got married to Heather. Thanks, Josh. It is always interesting to see what kind of things come up when you search for yourself online. Touch device users, explore by touch or with swipe gestures. And so thinking about the things you go through, look, we all go through good stuff and we all go through bad stuff. You know, I felt like, something needed to change for me personally. Today, BiggerPockets is a thriving community of over 500,000 experienced and aspiring real estate investors with a wealth of content around buying, managing, and selling investment properties. I wasnt, however, happy with what I had spent my time doing. I mean, whatever it is. You know, you can work remote, you can do everything remote these days. And so I think that mindset is exceptionally important. Just work, keep working, be dynamic, pivot and you know, a lot of luck out there. So you know, whether its that or, hey, Im stressed about money, well, you know, you got to then go and break down your budget, and you got to figure out why youre stressed about money. And Ive given two examples of bad things Ive been through, Ive been through a lot, you know, some pretty bad things on top of that. So, you know, the decision was, do I raise money? After coming up short, Joshua decided to take matters into his own hands and start his own website. Where am I good in each of these things? Came to be ready to quit and like told my wife, hey, Im ready to sell the business. Weve climbed mountains, traveled, explored and journeyed, surfed, skied and have never stopped seeking out a full and rich life. Like, I mean, you wouldnt know the difference between her and any other kid. And the platform itself, your business, whatever it is, is not going to be able to blossom. ). I had purchased a few rental properties and needed some help dealing with all the questions I had, but couldnt find a place where I could get answers without having to deal with solicitations and promotions of these self-proclaimed gurus who dominated the scene at the time. Choosing a selection results in a full page refresh. 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. 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. 27 quotes from Joshua Dorkin: 'Today I get 100 times more done with 100 times less effort. Joshua Dorkin's Podcast Credits & Interviews | Podchaser And so as we were going through this situation with my daughter, little by little she was getting better. So that hire, I really believe the business went from hobby to kind of this you know, call it Mom and Pop, you know, sole operator business and then it became a company and very quickly I had to learn how to deal with employees, how to scale and spent the next number of years doing that with Brandon as kind of my copilot. Or just shut it down. His wife and three daughters wouldnt take too kindly to sharing their space. Julie was in California and I was home alone with the girls. I bought a bunch of property as a result of my brother encouraging me to do so, and you know, I thought I was a smart guy. A life-long adventurer, Brandon (along with his wife and daughter) splits his time between his home in Hawaii and various other destinations around the globe. How One of the Largest Real Estate Communities was Built? with Joshua Brandon Turner is an author, entrepreneur, and active real estate investor with more than 1,000 rental units under his belt. My strategy was to first pick out the easy items like toilet, vanity, towel bars and hooks, followed by choosing flooring, and finally finding a pre-fab shower that we could just drop in. Dan Daugherty: Thats right. Host Joshua Dorkin is an entrepreneur, most notably the Founder & former CEO of BiggerPockets. BiggerPockets Real Estate Podcast - 421: Family Over - Stitcher And that ended up it was probably like eight years of grind, that is not healthy at all. It is always interesting to see what kind of things come up when you search for yourself online. Whether its in business, you know, I want to be a better CEO, I want to learn how to become a CEO, so I went and read lots of books on it. . +(((Bp3G' $('4 )GNh!NA< I put on my headset and Id walk around the neighborhood and I easily got my 10,000 steps. I kept this pace up for over 8 years . But the problem is, none of this goes away. Joshua Dorkin is the author of The Book on Investing In Real Estate with No (and Low) Money Down (4.20 avg rating, 1854 ratings, 108 reviews, published 2. Meet Denver's New Real Estate Mogul, The Creator of BiggerPockets After about six months since transitioning out of the role of CEO of BiggerPockets to advisor, I thought it was time to kick off my own personal platform, this site. x337R0 B],s@(PH(Y So I want the opposite. Every purchase comes with free bonus content: How to Invest in Real Estatewill catapult you 510 years ahead of where you are now. But I wanted to be healthier. And for me in that period, you know, when I realized I wanted to be healthier for example, and by the way, I didnt have to lose weight. Dan Daugherty: And well, first off, Im so happy that your daughter is healthy now. How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Where else can we dive into this? We came to Hawaii, weve been here since July. I learned that the sudden eye blur thing could be a sign of a stroke, but I believed it needed to come along with other symptoms. 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. I created this site in 2004 to create a place where investors could learn, network, market and make deals in a safe online environment. I kind of just glazed over it and just put my head down into work, so I didnt feel depressed anymore. I realized that over the past fourteen years as CEO and sole founder of BiggerPockets, I sought out success, fame, fortune and accolades, as most people do, but despite achieving all of those things, I just wasnt fully happy. Founder BiggerPockets. And lifes too short, man. Accept the New Rules of Life or Suffer in Misery. Because, man 2020, nobody feels good anymore, man, we dont feel good anymore. I know far too many people who live the non-stop life and many, if not most, are unhappy. I you know, I think another way of saying is, you know, putting yourself in a position to dot dot dot. Is it all the hustle and grind? You got to deal with them. Problems dont go away. The site became so successful that in 2013, BiggerPockets, which had been a one-man show, began hiring employees to support a bevy of new products. The list of accomplishments goes on and on, but with this growth came the need to hire, and that we did. Josh tells his story of wanting to quit, having 3 nervous breakdowns, and eventually selling to a private equity company. Our friend had come over to help out and I was going to rest while she watched the girls. Wed launched the publishing business, I mean, you know, the company grew and grew, he will allowed me to think about the business from a holistic standpoint, strategic, and over time, we grew, we scaled, we hired dozens of people. Im your host, Dan Daugherty and today I have a good friend, Josh Dorkin, who is the founder and former CEO of Bigger Pockets. We always wanted to be, you know, in Hawaii and Colorado. Joshua Dorkin is the founder of BiggerPockets, as well as a serial entrepreneur, investor, podcaster, publisher, and educator. Joshua Dorkin Oct 2016 Mar 2021. \"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. And in order to do that, we were going to have to penny pinch at home because my wife was not working. And most people, I didnt know really anyone who, I had very few friends, you, Scott Yates, and some other guys who, you know, were creating companies locally that I knew that I could talk to. And its interesting, you know, as you and a stressor might be, I come in every day, and I look at emails for three or four hours, and Im stuck in email. I mean, I went up against tremendous opposition. Highly recommended!" Nat Borchers, retired pro athlete, It was a lot to manage and with it came all the headaches that come with growth. While they sat in shocked silence, I wept for what seems like an hour as I tried to explain what we were dealing with - barely getting the words out mostly just crying out loud uncontrollably. But this was awesome Josh, thank you so much for your time. In November 2017 one of my daughters went through a terrible trauma that was initiated by a surgery - something called conversion disorder. In my case, the two things most searched are my net worth and why I left BiggerPockets. So give me give me the motivation and Ill get out there and do it. There had been ups, there had been downs. Josh Dorkin: I thought I was having a heart attack. And I had a lot of time and in that time realized that, you know, after 14 years of building this company, man I love, I love, love, love Bigger Pockets, but I was kind of burnt out. And that had to stop too. and what what happen if things went wrong. And Im excited to have you on board to really tell the story of how you went from zero to an exit without ever raising a single dime of outside capital. be helpful, you know, seek out advisors in your field and you know, work towards it. hb```b``"Y@9YY0sp(AnD$x}9QZuI>'vM`VyU'7>hAUf+-U]Y&-:+5+!Ab` 2:;4:J s `NzxSSgp80/ulk8 so9e1TX @6{c4# ] endstream endobj 96 0 obj <> endobj 97 0 obj <>>>/Rotate 0/Type/Page>> endobj 98 0 obj <>stream

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