She went through something called conversion disorder, which basically the brain kind of shuts the body down. If thats the case, figure out what you need to do to change. But the problem is, none of this goes away. You got to deal with them. Dan Daugherty: Yeah, theres no shortage of chaos in the startup world and those that cannot adapt to change will inevitably fail and close shop. Unlike most traditional real estate books, this one wont tell you there is one secret path to real estate success. Im on the board. And I guess, you know, if you dont mind me throwing this in there, you know, if you raised money, or if you bootstrap, you know, its fighting for exit is, I think, one way to run a business, I think the other way to run a business is fighting to create an amazing business. Almost a lifetime ago - 18 years today - I officially marked the founding of BiggerPocketsStarting a hobby website while working as a full time teacher was one thing.Two years later taking the risk to quit my job to become a full time startup founder was the craziest and smartest thing I ever did. I kept this pace up for over 8 years . Lifes too short, man. Joshua Dorkin Oct 2016 Mar 2021. For two years I taught and in my free time I coded and built this budding hobby into something that trickled in tiny advertising checks. And, you know, the issue I had with those, which led me to founding Bigger Pockets was I, you know, I didnt like the idea of getting caught up in this funnel where, you know, its like, hey, come to our free course, and the free course is just an ad for a free boot camp, you know, some kind of boot camp, which is an ad for a course, which is an ad for, you know, training, and, you know, by the time youre done, and you look up, youve just spent $50, $75,000, to train with some, you know, self-anointed guru and, you know, youve got nothing to show for it a lot, you know, high failure rates and things like that. I felt trapped. He tried to solve his problems by reading real estate how-to manuals, but they made no mention of the real-life issues landlords facelike what to do when someone cuts a three-foot hole in the kitchen floor. Josh Dorkin and Brandon Turner longtime hosts of the world's #1 real estate podcast, The BiggerPockets Podcast - give you an insider's look at . Instead, it dives into dozens of unique, life-changing quests and is packed with more than forty real-life stories of how real estate investors are finding success in todays economy. All things Colorado delivered straight to your inbox. And lets dive in. Josh Dorkin: Absolutely. After two years, I quit my teaching job, got married, moved to Colorado and began working full time on BiggerPockets. You know, dont keep doing things that keep you super stressed out. You may fail, but at least you will have taken your shot.Good luck! Days and weeks of not knowing what was to come with my daughter eventually led to glimmers of hope that wed see a recovery. You know, theres just the, I mean, its everywhere, right? . I was already working 40 hours a week at least on Bigger Pockets in those first two years. And so thats what I do in my book, and I literally will break all these mega tasks into little micro steps. Why I left BiggerPockets is a little more complicated. As always, I charged on despite my body and subconscious screaming as loud as possible to stop. It is big enough that youre not doing everything, but small enough that you can still get your hands dirty when you want. The Local newsletter is your free, daily guide to life in Colorado. When the time came to pick out the shower, I realized that there werent any that matched the size we needed. . What you may not know is Joshua's journey in founding, building, scaling, and finally leaving BiggerPockets. So hired a guy named Brandon Turner, he, some of you listening may know him, hes still the co-host of the Bigger Pockets podcast. Originally from the Bay Area in California, she studied photojournalism at San . We build tools, our content, our social presence. 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. I dont know. As you can see in the image below, every time you shop while using the smile subdomain, Amazon will show you your charity of choice (in this case, you can see that we support Childrens Hospital Colorado Foundation). Mind you, in order to survive in business, the pivot is one of your most powerful tools. He started BiggerPockets to help democratize the real estate investing landscape for himself and others, aiming to make it accessible for everyone, regardless of income or education. And I had just swarms of competitors coming out of the woodwork trying to take me down and so there was threat everywhere, right, theres threat everywhere. Josh Dorkin: Yeah, yeah, I think for me, the book, The One Thing by Gary Keller and Jay Papasan, was one of the most impactful in just, you know, helping me kind of break things down. We launched amazing products like the podcast, which today is still one of the top 10 business shows in the world. In my case, the two things most searched are my net worth and why I left BiggerPockets. COVID you know, your kid gets sick. Just at the time when things were starting to go from big to bigger, Joshua had to take time off to take care of his daughter's medical emergency. Dan Daugherty interviews Josh Dorkin who founded BiggerPockets in his living room with $12 bucks. Youre operationalizing your life and that has allowed you to kind of be more open. And so I think for a very long time I ran my life, you know, moment to moment and its through conversations with folks like Brandon, you know, lots of, Ive got some good friends who think real deeply, to reading a lot, reading a lot, listening to some, you know, thought leaders in various spaces, you know, my transformation really, I think began from the moment of that I went to my wife, year eight of the company, and I was in tears. And what advice would he share with other aspiring online entrepreneurs?\r\r We don't talk about real estate investing in today's episode. But Ive broken kind of everything in my life down in these terms. Josh, thank you for coming on the show. 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. I was making money, but I was still ready, you know, that desperate to just get out. I mean, nights, weekends, you name it, seven days a week. But COVID hit, and we got sick in March and it was, you know, it was tough and I was very, very, very sick. Where am I good in each of these things? And so you can freak out and flip out, or you can say, all right, you know, what, they made this tweak, what could we do better? Thanks. Like you cant find that and all that was out there were communities, forums, but they were all kind of tied to or in cahoots with I call them the gurus, the get rich quick crowd. 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 taught myself how to code a number of years before back in college, and just started to run with it. Let me know what you think and please share this if you find it valuable! Yeah. . But, you know, I think the key was just persevering through those in order to come out at the end. And that had to stop too. The political upheaval, the COVID chaos. In my case, the two things most searched are my net worth and why I left BiggerPockets. Ill argue that all of that stuff is bullshit. Star Wars: Thrawn. I was kind of tired, I was kind of ready for the next thing. Josh Dorkin started BiggerPockets.com from scratch 10 years ago and now has over 435K members. hbbd`b`ab`gb`\ '11d; Z
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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. I need to move more, cool. Yesterday that reality came a little too close for comfort for me. All that really matters is our families, our health, and our happiness. 1065 episodes totalling 1002 hours, 17 minutes. I move daily and if not for some nagging injuries, try to get in intensive workouts 5 days a week. First, for those who arent sure how to do the math, in order to determine someones net worth, you need to take into consideration all assets and liabilities and put together a balance sheet.. Weve replaced iced teas, sodas and juices with water in the last decade, and rarely, if ever will I drink alcohol. Is it all the material stuff? Dan Daugherty: Yeah, I mean, lets start from the very beginning. But yeah, just finding different ways to tweak the way youre doing things, right, if what youre doing personally with your family, and Ive also done that. I really enjoyed the conversation. And I think the way you live your life, and your happiness is going to be determined by your outlook on that. And so I, you know, on the side, nights and weekends, while teaching, for the first two years, just started building this platform. Like any 18 year old, it has continued to mature and to life a life of its own.While my personal contributions to the business are today marked by occasional phone calls and quarterly board meetings, I hope my personal stamp will continue to last for the next 18 years and beyond.Thank you to everyone who believed in me. So I hired a consultant and he came in and we looked over the business. Josh Dorkin: Well, if you put it that way, it sounds pretty good. Josh tells his story of wanting to quit, having 3 nervous breakdowns, and eventually selling to a private equity company. Life is short, you know, you dont know what can happen tomorrow. 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. I wasnt, however, happy with what I had spent my time doing. And but yeah, thats what Ive been up to. And, you know, were in a position where we have an opportunity to do something like this, like, do it. Many of you already know my story, but it is always a privilege to have the opportunity to share it with other entrepreneurs in person, at events, and of course, via podcast conversations. $4%&'()*56789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz ? And so, for example, one of the core values of Bigger Pockets is family above all else. Find which one works best for you, your resources . Of course, it took many more months of work and ultimately several years for her to get back to 100%, but with time, energy, an amazing team, and unlimited love, she has since fully recovered from the incident. I got to be my own boss and although I worked absolutely crazy hours, I never felt the stress of a crappy boss or pressure to act under some artificial timeline. And my quick advice on that is this, this has absolutely worked for me over and again, it may not work for you, but its definitely worked for me. What do I do? If you dont take the time to find moments for yourself - moments to be present with the world around you, you might be missing some of the best opportunities for personal happiness. Or just shut it down. Podcaster. Second phase was when I took it serious, quit my job and really spent all my time on it. Mr. Dorkin's vision for BiggerPockets helped to propel it into becoming one of the top real estate destinations online. Denver, CO 80202. That was all I was allowed to do on Wednesday. All rights reserved. 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. Josh Dorkin's Blog BiggerPockets Turns 18 Years Old! And then I go through and Im like, all right, where am I crappy in each one of these things? Joshua Dorkin is the founder of BiggerPockets, as well as a serial entrepreneur, investor, podcaster, publisher, and educator. Explorer. And really, quite frankly, I did not do a good job of understanding when Im depressed, or who to call, if Im depressed. I put on my headset and Id walk around the neighborhood and I easily got my 10,000 steps. Thats a really weird thing to say, especially since I loved the company. This led to massive burnout and I came very close to quitting and shutting everything down. And that goes into to do lists. 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. Lets just do it. Dan Daugherty: All right. And I mean, even when Brandon was hired, it sounds like you were able to take a step back, look at a much bigger strategic view from a business perspective that accelerated growth. +TYKqXLfsid| Joshua Dorkin BiggerPockets Founder Maui, HI 28K FOLLOWERS 5 FOLLOWING 346K CONNECTIONS I am the Founder, former CEO (2004 - 2018), former podcast host, and current board member of BiggerPockets. Dan Daugherty: And well, first off, Im so happy that your daughter is healthy now. Everyone knows real estate investing can be a powerful way to build wealth and achieve true financial freedombut because each persons journey is different, knowing the first steps to take can be challenging. (BTW - Ill certainly talk more about working on a business at another time). And so what I tell my friends and just people that you know if I ever am speaking is, you know, you got to take care of your first, yourself first. But Im not currently on it. I kind of just glazed over it and just put my head down into work, so I didnt feel depressed anymore.
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