But then I, you know, just went balls to the wall, so to speak, and, you know, was doing 80 to 100 hours, trying to build this thing out. Dorkin failed to account for costly evictions, irresponsible tenants, inattentive property managers, and unforeseen repairs, such as mending a three-foot-wide hole cut through a kitchen floor. 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. Dorkin, 41, wont be hacking houses anytime soon. Nearly 30 people work out of the companys RiNo office. Dan Daugherty: You know, this is, as you were talking, all of the significant life changing moments that occurred not just in your life, but just in our own individual lives, tends to be even if its really, really bad, or really, really good, it tends to be a catalyst for something even bigger, and not all the time, but even from listening to you, it sounds like different things that happened within your life, almost had a purpose or a reason that got you to where you are today. &i(y`ryG|29#4#Gj9F){(B;y@OJO,4f7Q$t8*>]SvC,:: Fr9BoQhF8E \lNr)#@ 4S9> HZ)9zve'qQE!Q@Q@Q@Q@Q@Q@JLQ_\h? 5o5IJStAmaMb ; +xWjoI:_g#r3/\)T Moi_9}/?i)me 6Oki!h(pf_ x_V{(n5[Y%{c-Iy,Y^a3{W ?5?m,|W"S*B'D]>V^1_7=|V~ All rights reserved. We just wanted to find a place where we can go, where we could just normalize our lives, where my kids could, you know, get up and not be all stressed out where, you know, we knew that the government was doing a lot to mitigate the situation. It was excruciatingly slow and frustrating, but we never let up. And but yeah, thats what Ive been up to. Why do you write like youre running out of time?Write day and night like youre running out of time?Evry day you fight, like youre running out of time. 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 daughters medical emergency. You know, I got a standing desk instead of a sitting desk, you know, then I started to add one on one meetings, you know, when I had one on one meetings, instead of doing it at a restaurant or coffee, or sitting down in the office, they would be walking meetings. It was a very unpleasant experience, very scary again, you know, I was fairly uncertain I would get through it. I began to feel hopeful and knew at some point wed all be able to move on - no matter the outcome. I you know, I think another way of saying is, you know, putting yourself in a position to dot dot dot. But you know, looking to make that a little more official. And, you know, Ive, you know, when I get back into it, you know, occasionally I give it a kick start. I mean, I literally started this company with the, you know, like 12 bucks a month that it cost me to host and the whatever four or five bucks it cost to register the domain name back then, and that was it. And in order to do that, we were going to have to penny pinch at home because my wife was not working. \"I was working a full-time job making no money as a teacher,\" Dorkin says, \" and then [I] quit that job, reliable income, to blindly create this platform for other people. I mean, you know, super, super stressful periods. The blur lasted a little less than 10 minutes, but after that, my eyes just felt funny. And I did it without freaking out or getting stressed because doing so doesnt help. Josh Dorkin - Board Member - BiggerPockets | LinkedIn I think its one of the top hundred podcasts in the world, give or take. But, you know, if anybody who tries to grasp these things, theyre so big and scary, well then break it down into little steps. 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. And so as we were going through this situation with my daughter, little by little she was getting better. Today I think its a sign of necessity and strength. Josh, thank you for coming on the show. I was kind of tired, I was kind of ready for the next thing. I mean, I went up against tremendous opposition. I choose to deal with them as they come using logic and working through like I would any game or problem. Brett Jurgens Talks About Building and Selling Notion to Comcast. So I read about happiness, right? 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. You know, how do I make it so I could either scale this, get to an exit or just, you know, sell it and quit and be done and find something else. Josh Dorkin and Brandon Turnerlongtime hosts of the world's #1 real estate podcast, The BiggerPockets Podcastgive you an insider's look at the many different niches and strategies that exist. 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. They cleared me, but my very high blood pressure of 160/100 and other symptoms had them concerned, so they stayed to make sure it went down, and before leaving, strongly recommended I go to the hospital if after a little bit things didnt get better. And I had a lot of time and in that time realized that, you know, after 14 years of building this company, man I love, I love, love, love Bigger Pockets, but I was kind of burnt out. Explorer. Like, I mean, you wouldnt know the difference between her and any other kid. And lifes too short, man. Oct 2004 - Nov 201814 years 2 months. And so we said, hey. x337R0 B],s@(PH(Y Dan Daugherty: Well said. And yeah, so were here. Yeah. These facts can either break you or teach you that you simply have no control of things beyond yourself. ). Came to be ready to quit and like told my wife, hey, Im ready to sell the business. +(((Bp3G' $('4 )GNh!NA< 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. Thirteen years ago, Joshua Dorkin's friends teased him about starting a website that seemed to have no future.\r\r \"I would get calls from my buddies who would literally call me on my cell phone [and say] 'Hey Josh, we just walked past a penny on the ground. As always, I charged on despite my body and subconscious screaming as loud as possible to stop. Joshua Dorkin is the founder and former CEO of BiggerPockets, launched on October 22, 2004. Turn a Hobby Into a Booming Business | Real Estate Investing | Blog Make sure youre doing everything you can to live your best life. . I love being an entrepreneur, but I simply prefer working at a smaller company - the sweet spot for me is probably up to 15 employees or so. COVID you know, your kid gets sick. Today, BiggerPockets has grown to more than 870,000 members. What lessons did he learn along the way? 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. I know far too many people who live the non-stop life and many, if not most, are unhappy. She went through something called conversion disorder, which basically the brain kind of shuts the body down. Theres a lot of, you know, Colorado just, you know, still a lot of chaos. And look, we get to go and you know, go out on the beach and not be near people. How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started is written by Brandon Turner; Joshua Dorkin and published by BiggerPockets. And so thats what I do in my book, and I literally will break all these mega tasks into little micro steps. There were books, but like, you know, the books were pretty general, they didnt really say, what do you do when your tenant is stealing electricity from the building next door? 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. 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. The Hobby that Turned into a Lifestyle Business When I founded the company I was teaching full time at a special ed high school in the Los Angeles area. Proud parenting moment: Tonight while eating dinner, my daughter started to sing Freewill by @rushtheband and followed it up with her rendition of The Trees. Find which one works best for you, your resources, and your goals. be helpful, you know, seek out advisors in your field and you know, work towards it. I had never, I hadnt invested another penny in. 1065 episodes totalling 1002 hours, 17 minutes. 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. Joshua Dorkin is a serial entrepreneur, investor, podcaster, publisher, and educator. Separating the job from the company took a lot of time for me to do, but the realization set me on a path to where I am today. This tip will teach you how to be a philanthropist (for free) every time you shop on Amazon. While teaching, I began to build a directory of resources and a forum which were the roots of todays community and platform. Be there for your families. In 2006, Brandon Turner got married to Heather. Almost everyone that builds a business wants some kind of growth, but as much as I loved seeing my brainchild thrive and grow, I was having less and less fun doing it. And I didnt want, I just didnt want to do that. And so I, you know, on the side, nights and weekends, while teaching, for the first two years, just started building this platform. But, you know, Ive written a book before with Brandon on real estate. Last month I had the opportunity to speak at the Denver Founders event for Colorado entrepreneurs and had a fantastic Q&A with my friend Chris Franks. This was not like, something that everybodys like, Oh, this is going to be the greatest thing since sliced bread. 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. And so that ultimately led to diversification of the business. I learned to stop being a cadet and start being a general.', 'life is too short to be stuck in a job you hate. But Ive broken kind of everything in my life down in these terms. I didnt do a lot of that, you know, I didnt want to share my feelings necessarily, in those early years, because I thought it was a sign of weakness. 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. I want to, I listened to experts on it. It sounds like you said okay, what am I going to do next? So give me give me the motivation and Ill get out there and do it. And if you want to grow and thrive, you have to become seriously adept at it. Growing BiggerPockets From 0 to 870k Members, with Joshua Dorkin Joshua Dorkin - BiggerPockets But yeah, what else you got? 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. It was a hard decision for Joshua to leave, but thanks to his amazing team, he was able to (even during a time of tribulation in his personal life). And that had to stop too. 5280 Publishing, Inc. Of course, this was an extremely difficult transition for me, but I believe that several years later, I have become a highly valued board member that contributes immensely to the business and Im hopeful that I can find other opportunities to do the same for other companies. I was already working 40 hours a week at least on Bigger Pockets in those first two years. Today, I think its a sign of necessity and strength, to be self-aware enough to know. So there you go. I eat well - seriously cutting back on sugars, eating lots of fruits and vegetables. And I realized that I was unhappy. But I look at the cycle as a multi stage cycle. Accept the New Rules of Life or Suffer in Misery. Verified account Protected Tweets @; Suggested users They really wanted to take me, but without Julie around, I worried about the girls, and passed the initial neurological tests, so I decided to play it by ear. Thats why two of the biggest names in the real estate world teamed up to write the most comprehensive manual ever written on getting started in the lucrative business of real estate investing. If thats the case, figure out what you need to do to change and the big challenge I think most people have is thats so big and tenuous, like, what do I do? But I think from a mindset perspective, you really, I think, if you have a learning mindset, a mindset where Hey, I always want to learn, I always want to get better. Wed launched the publishing business, I mean, you know, the company grew and grew, he will allowed me to think about the business from a holistic standpoint, strategic, and over time, we grew, we scaled, we hired dozens of people.
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