“People like to give without expecting anything in return. You can only do that if your cup is full. And so what I see a lot of people do is they'll try to give, but there's nothing filling their cup... And so you've got to make sure that you've got the ecosystem established that gives you that opportunity to be generous, because if you don't, then you're going to destroy everything that's around you. And it's just collateral damage. Not because you're a bad person.” - Jerome Myers
On this episode of The Engineering Passive Income Show, Joseph is joined by a special guest, Jerome Myers. He shares his story about leaving the W-2, discovering real estate, and the struggles of getting into the game and playing in it. Turns out, it’s not all unicorns and rainbows in this realm. Discover how he navigated the transitions exploring the matrix and the levels of it that lead to transcendence.
Are you stuck in the Matrix? Many of us are silently asking ourselves, is there more to life? Jerome Myers (a/k/a "J") is a developer of people and places. He is the founder and Chief Inspiration Officer of two ventures. DreamCatchers is a boutique coaching firm that supports first and second generation wealth creators self actualize and attain transcendence, and The Myers Development Group, where we help ordinary people invest in multifamily real estate in a way that creates generational wealth. Through these entities he gets to live out his childhood dreams of helping people manifest the things they imagine and he is the evidence that dreams should be real. Since leaving corporate America after building a 20MM division, J has become one of the most sought after thought leaders in the multifamily development space. His company, The Myers Development Group, built a multi-million-dollar portfolio following the principles of Myers Methods.
[00:01 - 09:18] Rainbows and Unicorns? Do the Math and Know the Reality
[09:19 - 24:47] Stepping Out of the Illusion of the American Dream
[24:48 - 44:57] Making a Soft Landing for a ‘Bad Jump’
[44:58 - 59:15] Jump in and Ride into Real Estate
[59:16 - 01:02:59] Wrapping Up!
Key Quotes
“To go out into entrepreneurship with no income is the recipe for disaster because you start to do desperate things.” - Jerome Myers
“If you don't produce income from the business that you run, you can't point the finger at anybody. I guess you could point it out [to] the market conditions or customers, but at the end of the day, it's your fault.” - Jerome Myers
“If you can't put how you truly feel into words, and have that conversation with the person, they're probably not the right partner for you.” - Jerome Myers
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