Mar 07 2023 37 mins 64
With a break from the regular programming, in this episode I share parts of my story as Josh Kalinowski, former pro baseball player and now CEO, interviews me. We talk about what it’s like for me to raise an autistic son, the growth of my mortgage note business and loan servicing business, what I do to prepare myself for life’s inevitable challenges, and my goals for 2023 - all in light of some of the most important lessons I learned from interviewing more than # people on their journey from adversity to abundance. “I think of Jocko Willink and extreme ownership - people will ask him, well, it's my fault I got cancer or something like that, and what he says is no, it is not necessarily your fault, but it's your, problem.” “Trying to focus on others, I truly believe, will give you the most purpose and the most value in your own life.” This episode will also air on the Leading and Living with Impact and Influence podcast. Tune in as Josh and Jamie talk about: (00:00 ) Do sports make you a better entrepreneur? (04:45 ) Why I joined (and left) the military (07:45 ) How the economy affected my mortgage business (10:02 ) Performing notes vs. non performing notes (12:52 ) Parenting an autistic son (17:21 ) How to get closer to your spouse in tough times (23:16 ) What if vs. even if (mindset hack) (26:44 ) How to have extreme ownership (31:43 ) Why I stopped watching the news (34:27 ) Why focus on others 3 nuggets from the episode: Non-performing notes are notes where you’re buying the debt on a mortgage in which the borrower isn’t making payments. After buying the debt, you would add value so that the note reperforms and you can resell it at a higher price than you bought it to another investor. Performing notes are cash flow plays. Nonperforming notes are exit plays. Focusing on others is a critical part of getting through adversity. It’s not enough to just focus on yourself, at some point you have to shift your focus to serving others. Instead of asking yourself “what if” so and so happens, calmly tell yourself that “even if” something you’re dreading happens, you’ll find a way through. Links Josh Kalinowski: How a Professional Baseball Player Overcame a Crushing End to His Career to Become a Purpose-Driven Leader and CEO Connect with Josh Kalinowski: PODCAST: https://www.joshkalinowski.com/podcast LINKEDIN: https://www.linkedin.com/in/joshkalinowski/ INSTAGRAM: https://www.instagram.com/joshuadkalinowski/ Follow Labrador Lending WEBSITE: https://labradorlending.com/ LINKEDIN: https://www.linkedin.com/company/71512077/ FACEBOOK: https://www.facebook.com/labradorlending INSTAGRAM: https://www.instagram.com/labradorlendingllc/ YOUTUBE: https://www.youtube.com/channel/UChYrpCUlqFYLy4HngRrmU9Q Connect with Jamie LINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/ TWITTER: https://twitter.com/batemanjames INSTAGRAM: https://www.instagram.com/batemanjames11/ Investment Opportunity Are you an accredited investor interested in monthly cash flow from an investment backed by physical real estate? Our income fund--which is uncorrelated to publicly traded stocks and bonds--invests in first-lien mortgage notes diversified by geography, property value and borrower type. The fund aims to pay its investors monthly distributions at a preferred rate of return of 8% annually. And possibly the best part? The fund showcases a short, 12-month commitment. Check it out today! https://investors.appfolioim.com/labradorlending/investor/public_opportunities/5
