339: Rod Khleif | How to Bounce Back from Losing $50 million

Rod Khleif is a multiple business owner and philanthropist who has owned over 2,000 apartment buildings. He has experienced his net worth dropping from $50 million to zero and then rebuilding. Rod shares     Episode Highlights:  Rod’s family immigrated from Holland when he was 6 years old and they didn’t have much money. Rod learned that most of your success comes back to mindset. Build relationships with people who think that what you do is easy when you think it’s hard so you can glean tips from them. If you’re willing to do what other people won’t do, you’ll find success because you’ll be getting results no one else is. Find a moment where you’re energized, awake, and well-hydrated to sit down and write every goal, from the practical to the seemingly insane, that you want to achieve in your lifetime, and who you want to help. Set a timeline for each of those goals, or else it isn’t a goal, and then identify your top goals and write a paragraph about why that goal is absolutely essential and non-negotiable. Also identify the pain points and consequences of not achieving those goals, because we will do more to avoid pain than we will to achieve pleasure. The most successful and happiest people start giving back as soon as possible and shift the focus away from their own egos. To build a brand, you have to add value to people’s lives. By giving away content for free, you learn what resonates with people and therefore what to monetize. Who you know allows you to free up brain space because you don’t have to learn and know everything when you have people you can ask and use as resources. The Random Round: a quick series of random questions to get to know Rod.   3 Key Points: Never achieve a big goal without having more goals lined up for the future. Success is defined by giving back once you achieve. The biggest non-negotiable skills for success are sales, marketing, and curiosity.   Tweetable Quotes:  “There are people that think that what you think is hard is so freaking easy.” –Rod Khleif “As human beings, we will overestimate what we can do in a year, and massively underestimate what we can do in ten years.” –Rod Khleif “Your network is your net worth.” –Rod Khleif Resources Mentioned: Rod Khleif: https://rodkhleif.com/ (Website), https://rodkhleif.com/lifetime-cashflow-podcast/ (Podcast) https://www.5lovelanguages.com/ (The Five Love Languages) https://www.amazon.com/Slight-Edge-Turning-Disciplines-Happiness/dp/1626340463 (The Slight Edge) https://www.amazon.com/Turning-Pro-Inner-Power-Create/dp/1936891034 (Turning Pro) https://www.amazon.com/ONE-Thing-Surprisingly-Extraordinary-Results/dp/1885167776 (The One Thing) by Gary Keller Visit Travis’ website at http://www.buildyournetwork.co/ (Buildyournetwork.co) Join the Build Your Network Facebook group http://www.buildyournetwork.co/fb/ (BYN.media/fb) Join the Build Your Network University Facebook group here https://www.facebook.com/groups/bynuniversity (byn.university). If you want to amplify your network through podcasting apply at https://travischappell.typeform.com/to/Lm38Rt (travischappell.com/coaching) Download the Himalaya App in the https://apps.apple.com/us/app/podcast-audio-player-himalaya/id1275493456 (App Store) or https://play.google.com/store/apps/details?id=com.ximalaya.ting.himalaya&hl=en_US (Google Play) Leave a rating and review for the Build Your... For information regarding your data privacy, visit https://www.acast.com/privacy (acast.com/privacy) Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy