Summary
Emma Powell, founder and chief investment officer of Rise Capital Investments, shares her journey from being a stay-at-home mom to becoming a real estate investor and entrepreneur. She discusses the challenges of finding fulfilling work after achieving a goal and the frustration of job offers that didn't match her qualifications. Emma explains how she started investing in smaller rentals and eventually formed a capital raising company. She also talks about the importance of finding purpose and positive drama in retirement and the value of joining mastermind groups. In this conversation, Emma Powell discusses the value of investing in high-priced masterminds and the alternative options available. She shares her experience of investing in joint ventures and hard money loans as a way to network and learn from experienced individuals. Emma emphasizes the importance of finding specialized masterminds that focus on specific skills and the value of learning from failures. She also discusses the current state of the real estate market and the need for a process and long-term perspective when investing.
Takeaways
Retirement doesn't mean losing purpose; it's important to find fulfilling work or activities to stay engaged.
Seek out non-mainstream support and surround yourself with like-minded individuals who share your values and goals.
Take the time to think about what you want to do in retirement and plan for it, both financially and in terms of lifestyle.
Consider joining mastermind groups or clubs with low entry fees to connect with others who are on a similar journey.
Find positive drama and challenges to keep yourself motivated and avoid getting caught up in negative drama. Consider investing in joint ventures or hard money loans as an alternative to high-priced masterminds to network and learn from experienced individuals.
Look for specialized masterminds that focus on specific skills you want to develop.
Learn from failures and view them as valuable lessons.
Have a process and long-term perspective when investing in real estate.
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