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Today we have an extraordinary guest joining us, Dr. Felecia Froe. She is a board-certified urologist, real estate investor, and founder of Money with Mission. Dr. Froe’s journey is a testament to the power of resilience and the importance of aligning financial endeavors with a larger purpose.
In this enlightening episode, Dr. Froe delves into the significance of understanding one’s “why” as a foundational component in staying motivated while pursuing life’s goals. She underscores the value of seeking mentorship and learning from those who have navigated financial challenges, thereby avoiding common pitfalls.
Dr. Froe’s story begins with her initial investment journey, overcoming fear with the support of a friend and purchasing her first property. This experience eventually led her to acquire 18 properties over two years and taught her invaluable lessons about financial management, especially in the wake of the 2008 financial crisis.
Throughout the conversation, Dr. Froe also touches upon the broader impact of investing with a purpose, seeking to improve the world while achieving financial freedom. She discusses transitioning investments toward mission-driven goals like supporting sober living communities and addressing food deserts.
In This Episode
- Understanding the “why” behind financial pursuits.
- Learning valuable lessons through financial challenges.
- Investing with a broader purpose beyond personal gain.
- Transitioning investments to align with mission-driven goals.
Figure out why you want to do it. It is about your mind is not about your first thing is not what do I want to invest in? It can be if the first thing you want to invest in is yourself because it is finding someone finding in you why you want to do that.
Welcome to the Wealth Strategy Secrets of the Ultra Wealthy podcast where we help entrepreneurs like you exponentially build wealth through passive income to live a life of freedom and prosperity. Are you tired of paying too much in taxes, gambling your future on stock market and want to learn about hidden strategies for making your money work for you? And now your host, Dave Wolcott, serial entrepreneur and author of the bestselling book the Holistic Wealth Strategy.
Hey everyone. Welcome to another episode on wealth Strategy Secrets of the Ultra Wealthy. Today we have an incredibly inspiring guest who blends purpose, mission and wealth building into one extraordinary journey. Joining us is Dr. Felicia Fro, a urologist, real estate investor and founder of money with mission. Dr. Fro has redefined what it means to achieve financial freedom by combining her medical expertise with her passion for creating impact driven investments. Her philosophy centers on building wealth in a way that not only generates returns, but also uplifts communities and addresses critical social needs.
In this episode, we’ll explore Dr. Fro’s transition from practicing medicine to building a thriving real estate portfolio. Her journey of turning financial losses into profound learning experiences. Why? Understanding your why is the key to successful investing. Her innovative ventures, including sustainable food supply solutions and real estate projects with a mission to create healthier, more equitable communities. Whether you’re a seasoned investor or just beginning your financial journey, Felicia’s insights on mindset, purpose and creating wealth that align with your values are sure to inspire you. If you’re finding value in the show, please be sure to subscribe so you don’t miss an episode and share it with a friend. And without further ado, Felicia, welcome to the show.
Thanks, Dave. Thank you for having me. I appreciate it.
It’s such a pleasure to have you on the show. I always enjoy our talks and I think the listeners are going to learn a lot from you. You have quite an interesting background and, you know, especially as it pertains to, you know, really building wealth and coming from the medical practice, right? And becoming a physician and transitioning into real estate and how you view wealth and things like that. So that’s probably a great place to start, right? You know, why don’t we peel back the layers and kind of start with a little bit of your origin story and you know, how you got into medicine and, you know, and into real estate from there.
Peeling layers. That’s always kind of scary, you never know what you’re going to find out on the inside of something, right? Like the skin looks good. Let’s get into that whole thing and see what it looks like in there. So I grew up, you know, in a pretty middle class family. Yes, we, I was born a long time ago.
I’m going to admit I was born in the 60s, so in our, and I don’t know if people aren’t watching, I am a black woman born in the 60s, born in Alabama. So my father, black man, he’s a veterinarian, educated. His family was also educated, but it was at a time in our country where there was a segregation. There was a lot of stuff going on. Our family’s motto, like not like so many other families, like not just black families, but it was, you have to get a great education. You have, so you have to go to school and then you’re going to work really hard and get a good job and then you’re going to make money and then you’re going to retire.
Now that’s not just a black family’s story. That is so many stories in the country, right? So, but that is my background. That’s how I came up. My dad’s a veterinarian, my mother had a master’s in social work. You know, we weren’t poor, we grew up pretty well. But it was, money was a scarcity.
You know, you have to work hard for it and then when you have it, somebody’s gonna take it away or there’s never enough for what you want, that kind of thing. So I, my pathway in education was I didn’t go straight into medical school. I tried, I went to college, pre med, decided that I want more out of my life than just to be a doctor. And I couldn’t at that time see being a doctor and a mother and having that life. So I went to pharmacy school and did that for a couple of years and realized that was really boring. Nothing against pharmacists, but to me that was a lot of education. What you ended up doing. Then went back into pre med, took another, took another year and actually got into medical school.
That was a whole story. So that I’m thinking about the risks I’ve taken in my life, and my dad was so against me dropping out of pharmacy school and going into medicine, going to medical school, finish pharmacy school, be a pharmacist, then you can pay for medical school, if you decide what you want to do. No, I’m not doing that. I don’t want to be a pharmacist. I know that today I’m not finishing something I don’t want to do with. Took that risk and actually got accepted right away. Went to medical school and after residency I became a urologist.
Another risk where the majority of urologists in the country at that time were men. I was one of the first 100 female urologists in the United States. So my whole life has been about this has been about taking one risk after another. One is how I think about this. Did that, but actually got into it in about five years in I realized, “Oh my gosh, oh, this isn’t what I thought it was going to be. I don’t really like this.” I had to take loans to get there. I was married at the time.
I had one child with another one on the way and there was no out. This is the only thing I could do that I knew how to do to make money, to take care of our family and back up. My mother and father married, but a domestic violence relationship. My mother, in my opinion, should have left a long time before she did, but couldn’t, in my opinion, for financial reasons. So I say all that to say that I’m in this. She was stuck. I felt stuck in medicine and it was all about money.
We didn’t have the financial wherewithal, we didn’t have finances. Money coming from another place other than our jobs or our spouses to live a life that we felt like we probably were here to live. I was in medicine for a long time, still am part time, but met women along the way who showed me different things. One of the women was a woman in Kansas City. Had her own business, built a big insurance business for herself. Actually started it.
It was for truckers, a business, an insurance business for truckers that she started and built on her own. Introduced me to the purple book, Rich Dad, Poor dad, which was my introduction into money and thinking about it a completely different way. And from there I started reading so many things. I was already in this place, I was like seven years into medicine at that time, even five years, when I realized I didn’t want to do this anymore. Seven years in, still trying to figure that out. My first real estate investment was, which I didn’t even think about as a real estate investment until maybe two years ago, was this building that I bought with other women physicians that we were going to practice out of. Didn’t even think about it as a real estate investment at that time, I didn’t make any money on it.
As a matter of fact, I lost money just because I didn’t. I wasn’t thinking about it as an investment at the time, but learned a ton when I look back on it. Anyway, actually, in that building, I met a woman who was a patient who came in. She was relatively young, could come anytime, didn’t seem to be restricted in her time at all. And I asked her one day, “What do you do?” And she told me she was a real estate investor. I was like, “huh” and I already had read Rich dad, poor dad at the time. I understood about assets and liabilities and like, “huh, you do this?”
We’ve built a relationship over time outside of their practice, outside of medicine. And I was looking at real estate at the time, and there was a house that was for sale. And I called her and I said, hey, Jamie, come look at this with me. She went with me to look at it. We walked the place and she said, “Look, I think it’s a great house” and I think she could look at my face and tell I was scared. And she said, “Listen, if you don’t buy this house, I’m going to buy it, okay?” She kicked my competitive spirit right there. Like, “Okay, Jamie, if you buy it, I’ll let you use our crew to rehab it.”
If you buy it, rehab it, rent it and lose money, I’ll buy it from you. So you de risk the whole thing. We bought it when? Then we were all in. Bought 18 properties in the next two years. Forgot to talk to Jamie about some of those and that was in the 2005, 2006, 2007 time frame. Borrowed a ton of money, highly leveraged. Things were going, but not going well.
As far as buying. We could buy, we could buy fast. Rehabbing was a whole another thing, and we kind of forgot that part. So all the capital you needed for rehabbing 2008 came, and we know what happened then. People stopped lending money, people wanted their money back. It was just a mess.
And there came a time when we had to make a decision on what we were going to do. Borrowed another 50,000 to keep things going. That went, came and went like water. And it’s like, “Okay, we’re going to borrow some more.” I don’t think so, had to make that hard decision. This makes no sense. We’re getting nowhere except digging a deeper hole for the family.
So that was my first loss, and that was so hard, so tough and amazing learning experience. After it’s over, of course, while you’re in it, all you’re thinking about is how stupid you were and how icky that is and all the things like that. But it got me to really understand that real estate wasn’t the problem. Thinking about it, it’s like, “Okay, the problem wasn’t, well, there’s people out here that are doing well. So this real estate’s not the problem.” The problem is what I knew and didn’t know and how we approached that whole situation. So I know I gave you a really, really long answer to the question you asked. I’ll stop talking now and let you pick that apart or have me go forward.
Yeah, sure, no. Such an interesting background and I guess if we kind of go back to the beginning there, it’s very interesting how many people just, you know, you really begin your belief system with money actually at the age of seven. And you know, for a lot of us, you know, we all came from environments that were, you know, scarce. Yeah, right, and it was really tough. But once you can kind of figure that out and then try to use that to your advantage now by saying, hey, we what we didn’t have, you know, what was my weakness, I’ve now turned into my strength, right? And kind of shaping, you know, yourself now, you know, that can be really powerful and then really shifting over to that abundance side because, you know, more than half of this entire equation around wealth is just it’s mindset.
It’s how you think about it, you know, 100%. Which is why on this show we, we really love to kind of, you know, dive into this. So people, you know, I encourage people to do some deep thinking about what that wealth really means to you so that you can really set targets to really achieve that. Because real estate is really just an asset class, right. To be able to get you to a certain place and it’s funny because, right? Yes, a lot of people, you know, took the purple pill and read Kiyosaki and got really inspired. But you know, it could be just another job, right.
If you’re doing all of this active real estate and that’s not really what you’re passionate about and something that you uncovered, I think that’s really powerful about, you know, this entire really framework and methodology and space that we’re in, it’s really more about control as well. It’s about trying to control your financial future and your life. Right? Control your time, control how your income comes in versus conventional thinking. Right. Which says you’re working for someone Else in a time and effort economy. So you’re just trading time for money, you know, and you just put all of your investments into the stock market and just hope that it goes up. Yeah, right. But in this case, you actually have some control.
So I think that was a big insight that you kind of shared with people there that, you know, you were able to kind of have more control and then be more aligned with your purpose.
More than half of the entire equation around wealth is mindset, it’s how you think about it.
It’s really interesting that you talked about control because physicians, especially surgeons, are all about control. It is. We can control a situation, I can control this bleeder, I can control how this, how this surgery is going to go. I mean, some of us are outside of the, what we really can’t control. More godlike thinking, which is not good.
But we are about control. But so many of us, when it comes to our money, don’t think about that control. That’s. We let somebody else handle that, but don’t think about it that way. And don’t think about, “Oh yeah, I make money and then I put it in my suitcase and I give it to the person who’s managing my 401k, who. I don’t even know who that is.” And that’s my guess.
When I, when you talk about that, controls. Yes, I do want to control that and I realized that I could control that a lot more than I was when I was just handing it off and letting somebody else manage it. The other thing about controlling is we have to control our. And it comes to that mindset thing is controlling our mind in loss. Can I stand to lose? And part of investing is losing and when you’re controlling it and you don’t control it well or you control it the best you can and circumstances beyond what you could control happen, and that thing doesn’t do as well as you can as it could have or you thought it was going to.
How do you deal with that? So that’s a whole. There’s so many different aspects in the mindset of money and investing that I think make a lot of people shy away from investing outside of Wall street, where they actually have to pay attention to what’s going on.
Yeah, absolutely. Yeah. You hit a great point there in terms of losing, right? And all investing has risk, even putting your money in the banks actually has risk.
Yes.
You know, in these days, right? I’ve had blue chip stocks that were supposedly the safest and, you know, went to zero over a night and there was no recourse. So I think the quicker you realize that all investing has some degree of risk, but then how can you, you know, mitigate that in certain ways? And a lot of that is with and this is why we talk about financial IQ and you know, why, you know, I applaud what you do and your show and what we’re trying to do is trying to help educate people because, you know, that’s Warren Buffett’s. One of his number one rules, right? Is don’t invest in something that you don’t understand, right? But real estate, I think we all can get our heads around that because most of us are living inside of a piece of a real estate.
It’s quite a simple business. We kind of know how it works. So then just taking it to a larger scale where, you know, you can drive the benefits from it, you know, with depreciation, with passive income, forced appreciation, right? It can be, you know, quite a successful business.
Yes, all of those things you just talked about, especially the depreciation, the tax benefits that you can have, that’s all controllable. And those are, that’s the part about money. I think most of us think about just the appreciation side that happens, whether, you know, not nest outside of forced appreciation, just time appreciation. That’s not really something we can control. Sometimes things go up, sometimes they don’t. But all the parts that we can, we don’t have the ability to do outside of real estate.
Let me change that way. So you’re, when you’re investing in other things, you’re counting on it to go up. You can’t control it, you have no way to control that at all, you just, it’s a hope and a prayer. And statistics show that over time it’s going up. It also shows that at times it goes down and hopefully that’s not the place you’re ready to retire, because then you’re down.
So it, Investing is about being able to control things. Whether it’s you controlling it yourself because you’re the one actively investing, or you’re talking to somebody, an operator, who is controlling that for you and helping you with that investment, which is for people who have stressful jobs and are doing things that way. I highly recommend that you talk to somebody else who can do that. And the difference to me between investing in, with an operator and investing on Wall street is that you have an operator’s name in your phone. I was going to say Rolodex. I’m dating myself in your phone. So you can call them when something’s not going the way you don’t, that you want or you don’t understand or you haven’t got a communication you can call and you know who to talk to.
Your stock market people don’t communicate with you on a regular basis. The only way you talk to them is you call them or think like you got to call them and you have to have a specific question, otherwise they’re talking all over your. It’s like going to the doctor saying, “I just don’t feel good. What am I going to do with that? I don’t know what to do with, I don’t feel good.” I’ve got to get some specifics into what you’re don’t feel good about or what doesn’t feel good on you. And same thing with talking to your stock guys. Like, “I don’t feel good about the stock market. What does that mean?” And if you don’t have the time to actually get into it, they don’t.
They’re going to answer your question in a very general way, which isn’t going to help you. Whereas if you’re invested in an apartment complex or you’re invested in a house or you’re invested in a business and you’ve done it through an operator, you get to call them and go, hey, I don’t understand. And if that person is really good and you’ve built that relationship with them, they’re going to help you say, okay, what don’t you understand? I don’t know what I don’t understand, but I don’t get what’s happening. They spend the time with you on the phone to get to the bottom line. Just like if you were at your doctor’s office, it is their job to stay on the phone with you, sit in a meeting with you until you, until they understand what you don’t understand and then help you understand. Does that make, I hope that makes sense.
Yeah, makes sense and I think just to highlight another point for the listeners that’s really interesting versus conventional theory, right? Which is this accumulation theory that Wall Street, right? Talks about, which is we’re going to save up all of these assets in your qualified plans and we’re going to save this big nest egg until retirement and then we’re going to withdraw 4% a year.
And start to kill your golden goose. Well, why not create income now in your life, whatever age you are? So even if you have some passive income coming in, maybe you start with paying off the mortgage. And you have enough income to pay that off, right? And then the next thing maybe you start to have like some lifestyle or something so you could actually start living some of that freedom right now. And the other thing is we’re always having, our asset base actually continue to grow in value. Because you can add value to it over time rather than killing your golden goose, you know, which that’s actually how you build legacy wealth.
So I was always very much opposed to conventional thinking of this, you know, accumulation theory, which I think is completely wrong. But so many docs out there, entrepreneurs, you name it, you know, everyone’s inundated by this, you know, multi-trillion dollar financial services industry that makes you think that’s the only way to invest.
I agree, 100% agree. It is about again, the accumulation is controlling, but it’s controlling what you’re buying and somebody else is actually controlling that and making the money off of it and then you get to withdraw it. When you retire at whatever age the government says you can retire. And to me retirement is doing what you want, when you want, with whomever you want. And that can happen. It’s not an age thing, it shouldn’t be an age thing. It’s a money thing and waiting till you get to be, what’s the retirement age now?
I don’t even know. Maybe by the time many of these, many of us are ready to retire, retire in the government’s eyes, it’ll be 70 or 75 because we all know the Social Security is having some problems and who knows what our 401ks are going to be doing at that point in the stock market that you don’t control that if you’re 70 and they say, well, you got to retire and you got to start taking your money out of that thing and the stock market’s down, you just kind of saved your money for the last 30, 40 years to live a much lesser lifestyle than you planned. Yeah, and that’s the other weird thing to me about retirement and putting your Money in your 401k. You have your pre tax money, you put money away now that saves you taxes now so that you can pay the taxes later, but you’ll pay less taxes because you live less.
Right.
You have a lower standard like who wants that?
Who wants that? Right? It’s assuming that you’re retiring poor. Like I don’t know, I, my standard of living to continually be increasing.
And I think most people think when I retire I get to go do this and I get to do that and I get to do all these things that you didn’t do while you were working. But that’s not what the industry is telling you. When we don’t listen to that part, it’s not. You’re going to be in a lower tax bracket, which means you have less money, which means you cannot do the things that you think you’re going to want to do.
Yeah.
So it’s just. It’s the whole thing. Just what you and I are both doing is like putting out that message that this is. Is this what’s. What we’re being told. We’re being fed a load of not good stuff.
Yeah. Felicia, what do you think has been one of your most impactful learning lessons over the years?
The one of the biggest things is and it comes with loss. The losing a lot of money teaches you a lot. And I don’t know that everybody needs to lose a lot of money to learn a lot, but that’s what I’ve learned the most and it’s learned a lot about myself, my resilience, and how I can take that and come back and then realize going forward. When I start, When I start thinking about investing in something, one of the first things I think when I look at an investment is like, okay, can I afford to lose that? If that happens, if this goes completely the wrong way, what will happen to me? I’ll be okay.
All right, let’s look at it a little harder and see what’s the likelihood that that’s going to happen. And then it really is to me, about that whole loss thing, can I stand to lose it? And if I can, then let’s look at it harder and see if that really would happen. And can I move forward with this whole investment thing or that person. It really is to me, about investing in people who’s running a thing and not necessarily the thing itself. Does that make sense? So, yes, apartment complexes are beautiful, and we want to invest. I want to own part of that or the mall or whatever, but I don’t want to run the investment. I don’t want to make sure that everybody’s paying their rent. I don’t want to do that.
So I want to invest with Dave because Dave’s doing that, or Dave’s got a team that’s doing that and Dave’s managing that. And I know Dave, and I know that day I can trust Dave, and I know that he’s going to take care of it. I know he’s going to treat my money like it’s his money and make sure I get my money back with as many babies as I, as he can get me.
It’s about understanding that losing is part of investing. The key is resilience and learning from those losses.
Yeah, totally concur. Understanding that again, you are going to lose at some point. If you haven’t, you will lose some money in your investing career. And learning about that experience should always be more powerful. So trying to take that forward into how can you become a better investor? And I think at the end of the day, we’re all trying to become better investors. We want to increase our financial IQ, be smarter, so that we’re taking less risks, being prudent in judicial, ambitious. And you know, it’s tough out there, right? It’s a tough market.
It always has been. But that’s kind of the state of it and, I think once you realize that, then you can manage, you know, your risk tolerance better. And I think people should really look at, you know, in our mastermind, for instance, we actually walk through investor DNA, and really trying to get people to understand their risk tolerance, how their, their preferences and how they’re aligned, you know, to what asset class. And then you can make decisions again that align to control and, and are more bespoke for you.
Yeah, I had one, just another story about that. I had one of my members of our community, Jessica, had a deal. She was looking at, it was buying a lien. Buying just a lien on a property was 2, $500. Jessica’s a physician. And we spent, I don’t know, half hour, 45 minutes on the phone talking about it, what she was going to do with it, if she actually got it, and all these. There was a whole, a lot of stuff. And bottom, we got to the end, I was like, “Okay, Jessica, we keep talking about this, but could you stand to lose $2,500 if that whole thing went south?”
Go, just do it. Yeah, it was like one of our first investments. So I get it, when you’re first in, when you’re first putting your toe in and any, it’s just scary. Any amount of money is scary. I could lose it, I could do something stupid.
If you could afford to lose it and your life’s not going to change and you’ve got a plan, go, guess what? Six months later, she made $30,000.
Yep, and that comes back to the mindset piece too, as well. So, Felicia, what type of assets do you really focus on?
The ones that make money.
Well said. Love it.
I currently invested in, we have real estate and I right now, I’m actually divesting of my single family. I had a single family portfolio that I’m selling off right now because I’m just kind of tired of dealing with those. No, I didn’t deal with it on my own. I have a lot of physician friends who, when they think about real estate, they think about buying a house, managing the thing, getting the renters. Like you don’t want to do that. I had a management company and I still don’t want to do that anymore. That was 10 years of that, selling those all off and now getting money into actually, believe it or not, other single family houses, but renting them to an organization, a sober living community.
Our income is more, our profit is more and those. And we give these folks a place to put their residents who are working hard to stay sober. Whatever drug, alcohol, whatever drug they were on, they are working hard to stay sober. So that’s where we are now. I’ve also am investing in some businesses, investing in my community and helping people learn to invest more. So those are just the ripples of getting more people to invest is. That’s the biggest thing for me.
Yeah. Interesting. We’ve actually, when, you know, speaking of medical, we’ve been looking pretty closely at the asset class of Medtail, which is quite interesting. So basically having dental practices or doctors offices that are anchored with some real estate. And they have long term leases, you can kind of bring up the rents. For you know, it attracts nicer clients in some of those regions.
So I think that’s kind of an interesting area we’re exploring. Right now.
Another big one for me is I’m really interested, in our food supply and our food chain supply. So working with some folks here in Oklahoma and where there’s a lot of food deserts in Oklahoma and I’m working with, I’m on the board of an organization in Tulsa where we’re building. It’s called a food box, but it’s looks like a container, but it’s not a container train container. One of those things that we’re actively working to franchise this model where we’re building these so they can go in neighborhoods so that folks that live in those neighborhoods don’t necessarily have to get on a bus to go buy good groceries. So we started in Tulsa because Tulsa had done this diversity study or I don’t think that’s what they called it, but a study that showed that the people in one portion of Tulsa, North Tulsa lived 11 years less than people in the rest of Tulsa. That portion of Tulsa didn’t have a grocery store.
It had in the neighborhood I lived in, because I lived in North Tulsa had 15 fast food restaurants in a two block area, but not one grocery store. We could get fresh food. So one organization I was working with put a grocery store there. This other organization that I’m working with is now working to put grocery stores, smaller stores in neighborhoods so that the folks that live there, who may not have a car but are very deserving of having fresh food. And then we’re shortening the supply chain by working with farmers to get more food grown locally so that we can get more nutrition and more nutrition, dense food in neighborhoods so that we can improve the health. Again, my thing, health and food, two things go together. In these neighborhoods where their life expectancy was already really low. We did a study.
There was a group I was working with and we worked with diabetics. Fresh food, fresh Rx is what it was called. So they would get a prescription for fresh food. We had grants to help diabetics who had out of control numbers. A1C is the number that’s looked at. And for a year they were in this program where we taught them how to use fresh food, eat fresh food, prepare fresh food and the statistics were amazing at how much better these folks did, how much weight they lost, how their A1Cs came into control. So we know that food is the basis of our health.
And in our country that’s not how we look at things. We think medicine is the basis of our health and people go to the doctor to get their medicine and don’t necessarily eat well. So those things are important to me. And we’re that franchise model that we’re working on to get those grocery boxes. And by box, I mean a store in these neighborhoods is something that we’re hoping to roll out over the next several years into different communities.
Wow, that’s amazing, that’s great, great work. So I commend you for that for sure. We certainly need it. It all starts with food and trying to be proactive about health. We’re huge health advocates as well. Because you’ve also got to have physical capital, not only financial capital.
Yes and when you can do things that are going to improve your bottom line, but improve the world or improve the lives of other people, that, that’s money with mission. That is putting your money out there for not just you, but for everybody. And I don’t want people to think that I think that you shouldn’t get a bottom. You shouldn’t get a return. You 100% should get a return. Because if you can’t take care of yourself, you can’t take care of anybody. So you get your return and what you’ve invested in is helping the greater good.
Yeah, awesome. What would you suggest to listeners? Let’s say they have not invested in real estate or any alternative assets so far, like what. What would you suggest is like a first step that people could take?
Figure out why you want to do it. Step one, It is about your mind, is not about your first thing, is not what do I want to invest in? It can be if the first thing you want to invest in is yourself, because it is finding someone, finding in you why you want to do that. So that every single time something happens, you’re like, okay, why am I doing this? Why am I putting myself through this? Because you will put yourself through some things. It is because, for me, it is because I believe, and my company believes every woman should have the financial ability to walk away from any job or relationship that’s not in her best interest. It makes me get up every day when I don’t even want to deal with the world. But this has got to change.
It took me a while to get there. It took a long time for me to get to be able to say those words that succinctly. When I go back and look at things I’ve written and read over time and how I put things together in my life, it’s been my thing. It’s been my mission all along. So figuring out your why, why you want to do whatever it is you want to do in your life will keep you going. Then once you got that and if you think you already have that’s great, find somebody to help you. It is not about going out there and doing it on your own. You can, I promise you will lose way more than if you actually invest in having somebody help you.
And someone who’s already made those big mistakes has learned those financial lessons, you’ll learn your own. You don’t have to learn the ones that somebody else can help you not have to live through.
Yeah, awesome. Completely love that. This has been a fantastic discussion, Felicia. Really appreciate you coming on the show and sharing your insights and wisdom with everyone. If people would like to connect with you or follow you?
Best place we’re on all the. All the platforms, Instagram. I might even have a TikTok. I’m not 100% sure. Facebook money with Mission is the name of the at Money with Mission or Money with Mission on Facebook. You can go to the website moneywithmission.com you can email me [email protected] I’ll respond to you, I promise. And when you get it, you’ll get my phone number and you can call me, text me. Texting is better because you know how people don’t answer the phone with numbers they don’t recognize.
I don’t either. So send a quick text. Let’s have a conversation. I love to type, love talking about what people are looking to accomplish in the world. And I think that what what gets missed as so many real estate investors or so many investors are looking to make the world better and not just themselves. It is when you really got to your why, you’ll see that it is about something outside of you. It really is. And that’s what, that’s what helps everything get better.
Let’s leave it there.
Awesome. Really appreciate it. Thanks again.
Thanks, Dave.
Thanks for listening to this episode of Wealth Strategy Secrets. If you’d like to get a free copy of the book, go to holisticwealthstrategy.com that’s holisticwealthstrategy.com if you’d like to learn more about upcoming opportunities at Pantheon, please visit pantheoninvest.com that’s pantheoninvest.com.