Oct 16 2020 44 mins 1
From Football to Multifamily! In today’s episode, we have with us, former NFL player, Willie Smith. Willie is now the Founder and CEO of Onyx Capital Investments and commercial advisor to The Overton Group. Willie strives to create superb returns on invested capital through acquiring value-add commercial real estate in emerging markets and looking for opportunities that provide excellent cash flow with strong backends. He is also the host of the Generational Wealth through Commercial Real Estate Podcast. Let’s dive in and learn how Willie created sustainable wealth by going into the market with his NFL mindset. [00:01 - 08:54 ] Opening Segment Let’s get to know Willie Smith Willie gives us some background on his story [08:55 - 15:21 ] Going in with the NFL Mindset Willie talks about the mindset you need to play in the NFL and how he uses it now Confidence, Work Ethic, and Perseverance Willie’s advice to entrepreneurs [15:22 - 20:05 ] Making Wealth Sustainable Willie gives some insight on how taxes look on a contract with the NFL Advice on managing a high income Issues with financial literacy [20:06 - 25:30 ] Making Smart Investments Willie talks about starting to invest on his own Strategies around taxable income [25:31 - 34:11 ] Getting Your First Deal Willie’s insights on best passive investing practices Knowing your tenant base - socioeconomic analyzation How to find the data and what to look for [34:12 - 44:20 ] Closing Segment Willie talks about the activity of Onyx Capital Investments Connect with Willie - links below Willie’s wisdom to new investors Final words of wisdom from Willie and Me Tweetable Quotes: “You gotta believe that you are the best player on the field… it’s that confidence that allows you to play better than you probably are.” - Willie Smith “Don’t discount the experiences from the jobs you’ve had… I learned a lot of sales techniques that I use till this day.” - Willie Smith Resources: The Overton Group Generational Wealth through Commercial Real Estate Podcast Rich Dad, Poor Dad Census Bureau City-Data What It Takes: Lessons in the Pursuit of Excellence by Stephen A. Schwarzman The Billion Dollar Secret by Rafael Badziag with Jack Canfield ------------------------------------------------------------------------------------------ Connect with Willie on LinkedIn and Facebook. Visit https://onyxcapitalinvestments.com/ to learn more. Guest Email: [email protected] Connect with me: https://www.5tcre.com/ Facebook LinkedIn Instagram Watch 5T CRE on YouTube Leave us a review and receive your Support the show (https://www.buymeacoffee.com/5Talents)
