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E263: The Importance of  a Sponsor Going Through a Recession - Steven Pesavento

E263: The Importance of a Sponsor Going Through a Recession - Steven Pesavento

FromThe Investor Mindset - Name Your Number Show [$]


E263: The Importance of a Sponsor Going Through a Recession - Steven Pesavento

FromThe Investor Mindset - Name Your Number Show [$]

ratings:
Length:
10 minutes
Released:
Oct 25, 2021
Format:
Podcast episode

Description

Have you been through a recession or unpredictable market change and economic environment?  In this episode, Steven talks about the importance of understanding the past, understanding the experiences of some of the operators that you're investing with, and why having a track record for 20 years isn't always necessary.Key Takeaways:Look for an operator and for a team that has been through market changes and navigated them wellSteven shares a partner story that led to some strategies that have been used in Von Finch to be in a phenomenal position to preserve capitalThere is importance in reconnecting to those past experiences and studying the history in order to move forward when it happens againEnsure you have preservation of capital and then create a phenomenal return in the long run Resources MentionedInterested in connecting with other like-minded individuals? Then join our VonFinch Private Capital Network.  Learn more at http://www.vonfinch.com/network 
Released:
Oct 25, 2021
Format:
Podcast episode

Titles in the series (100)

What does it take to succeed when others fail? We explore the stories on Investing that you don’t often hear: The trials and challenges that lead to success and the Mindset it takes to make it. We’ll learn from some of the best investors and entrepreneurs, learning through fire-walking their experiences so we can each setup up our game and be our best self. We focus 80% on the motivation & mindset that leads to success, and 20% on the investing strategies & tactics that get us there. About The Host: Steven Pesavento Real Estate Investors & Entrepreneur has always been obsessed with understanding how we can think better, how we can be better and how we can do better. He fought against those limiting beliefs, that held him back and jumped in to Real Estate with no experience. By modeling the mindset & actions of leaders he looked up to, his Real Estate investing his business exploded, buying 150 houses in his first two years, over $22 Million in real estate transactions. Personal development for real estate investors. Model the top real estate investors, house flippers, multifamily syndicators, wholesalers and landlords. We invite guests from all industries to share their mindset with our incredible community. Join the insider club at: https://TheInvestorMindset.com IG @Investormindset https://Facebook.com/theinvestormindset