In today’s episode, learn from Rod Khleif’s remarkable journey of success, failure, and resilience – from immigrating to the US as a child with next-to-nothing to building (and rebuilding!) a multi-million dollar real estate business! Rod shares invaluable lessons on the importance of setting goals and having a “burning desire” to achieve them, overcoming fear, self-doubt, and limiting beliefs through massive action, and harnessing the power of your mindset and psychology to transform your life and business.
EPISODE HIGHLIGHTS:
Rod’s Story of Failure, Resilience, and Success
As a Dutch immigrant, Rod faced struggles, including eating expired food and wearing secondhand clothes. However, his mother’s work ethic and entrepreneurial spirit inspired him. Witnessing her success in the stock market and real estate, Rod decided to pursue a career in real estate himself. Starting with modest earnings, he learned the importance of mindset and psychology from a mentor, which became a turning point in his life. Over the years, Rod built an impressive portfolio of rental properties and apartment units, experiencing significant wealth growth. However, in 2008, he suffered a devastating loss of $50 million during the financial crisis. Despite this setback, Rod’s focus on mindset and psychology played a crucial role in his recovery. Today, he shares his journey and emphasizes the vital role mindset plays in achieving success.
Setting Goals and Making the Decision to Create the Life You Deserve
In his book “Think and Grow Rich,” Napoleon Hill emphasizes the importance of having a burning desire to overcome fear, limiting beliefs, and the comfort zone. It all begins with setting goals and understanding the why behind those goals, which is even more significant than the goals themselves. When faced with adversity and losing everything, realigning with goals becomes crucial. Taking it a step further, making the decision to venture beyond the confines of a traditional job or explore a side hustle is vital for creating the life you truly deserve.
Leveraging Partnerships and Playing to Your Strengths
Focus on your strengths and find ways to complement your weaknesses. In the multifamily space, successful partnerships often involve pairing an analytical person with an outgoing person. This combination is a match made in heaven. While it’s important to address and improve upon your weaknesses, prioritize leveraging your strengths for success.
The Transformative Power of Affirmations
The power of affirmations and self-identification is profound. By consciously stating “I am” followed by positive attributes or goals, we reinforce our desired identity and internalize those qualities. Surrounding ourselves with visual reminders and shouting affirmations with conviction can transform our mindset and behavior. This practice helps overcome fear, boost confidence, and drives us towards achieving our goals. Affirmations have been used by successful individuals to enhance performance and create positive change. Embracing their potential as a tool for personal growth and transformation is key.