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b'What would you do if you suddenly lost your job before reaching financial freedom?\\n\\xa0\\nThis episode of The Passive Wealth Strategy Show features host Taylor Loht interviewing real estate investor Paul David Thompson. Paul shares his journey to financial freedom through real estate investing, and how he accelerated his path when he unexpectedly lost his high-earning corporate job. He provides advice for busy professionals on getting started with real estate investing while working full-time, and the key steps to take if you find yourself laid off before reaching your financial goals.\\n\\xa0\\nPaul is a Full-Time Real Estate Investor, top-selling author, coach, and someone who lends money for real estate projects. He helps both new and experienced investors understand how to make deals in real estate. But his bigger mission is to help people who want to escape boring jobs and find success in their own businesses.\\n\\xa0\\n\\xa0\\n(00:03:05 - 00:05:50) Opening Segment\\nStart small to gain competence and confidence\\nYou can make progress while working full-time by putting in extra hours on nights and weekends\\nAttend conferences and seminars to accelerate your real estate education\\n\\xa0\\n(00:07:12 - 00:09:56) Dealing with an Unexpected Layoff\\nHave an alternative income stream in case you lose your job\\nBuild assets that generate residual income, not just trading time for money\\nCommit fully once you choose real estate as your path\\n\\xa0\\n(00:14:00 - 00:16:49) Accelerating Financial Freedom\\nUse extra time to find and close more deals\\nInvest retirement accounts in real estate\\nEarn money from multiple strategies like flipping, rentals, and education\\n\\xa0\\n(00:16:49 - 00:19:27) Running Your Real Estate Business\\nHire experienced professionals to handle important tasks\\nFocus your time on the highest-value activities\\nGet feedback from your team to improve decisions\\n\\xa0\\n(00:21:49 - 00:29:26) Tips for Busy Professionals\\nMake use of lunch breaks, nights, and weekends to work on deals\\nAttend conferences and seminars to accelerate learning\\nGet family support for the time commitment\\nBest deal: His first investment\\nWorst deal: Due to overconfidence, Paul overpaid for a property in his hometown.\\nTop lesson learned:\\xa0Owning equity and creating not linear exchanges of value, but parabolic exchanges of value.\\n\\xa0\\nQuotes\\n\\xa0\\n"The first deal broke the seal and got me started. It gave me the confidence boost I needed." - Paul David Thompson\\n\\xa0\\n"Think exponentially and create parabolic exchanges of value, not linear ones." - Paul David Thompson\\n\\xa0\\nConnect with Paul:\\nWebsite: https://pauldavidthompson.com/\\n\\xa0\\nApply to Invest with Taylor at\\xa0www.investwithtaylor.com\\n\\xa0\\nTrack your wealth for free with Personal Capital, go to\\xa0www.escapingwallstreet.com\\n\\xa0\\nPlease leave a review and help others escape Wall Street and build wealth on Main Street!'