How do you recover from a big challenge, like a recession? How does your mental health affect your business decision-making?\xa0 In this first episode of our two-part series with successful real estate entrepreneur Joel Friedland, he answers these questions and more! Joel uncovers the secret of how to do deals with zero debt and describes this as how the rich do business.
Joel kickstarts the show by sharing that he\u2019s been in the industrial real estate industry for over four decades now. He then shares the lessons he learned from his mentors in the industry, the reason why he only does real estate deals with zero debt, and how he can do that. He also discusses how relationships matter most to him, how knowing the details of your offering book can spell a difference, and even his mental health scale. Listen now to this very informative and inspiring episode!
Key Points From This Episode:\xa0
Tweetables:
\u201cIndustrial is a closed community, pretty much. It's people who get in and get trained by people already in the business, which is what happened with me.\u201d
\u201cMental health really affects how people make decisions. If you're mentally healthy. I think you think through what the consequences are going to be of your decisions. But if you're not mentally healthy, and you're elevated, and you think you're really hot, you might go make some decisions that have very dire consequences, because you're not thinking clearly.\u201d
\u201cWhat matters most to me are the relationships. The money is really important, but I love it when I can pick up the phone and call someone who's got a connection or is in a business and I can help somebody by knowing somebody.\u201d
\u201cI believe, with solid mental health, not being high on life, not making decisions impulsively, I have a thi
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