40.3K subscribers Thirteen years ago, Joshua Dorkin's friends teased him about starting a website that seemed to have no future. Last month I had the opportunity to speak at the Denver Founders event for Colorado entrepreneurs and had a fantastic Q&A with my friend Chris Franks. I recommend it to everyone. . Its fantastic. And so I think for a very long time I ran my life, you know, moment to moment and its through conversations with folks like Brandon, you know, lots of, Ive got some good friends who think real deeply, to reading a lot, reading a lot, listening to some, you know, thought leaders in various spaces, you know, my transformation really, I think began from the moment of that I went to my wife, year eight of the company, and I was in tears. If you dont take the time to find moments for yourself - moments to be present with the world around you, you might be missing some of the best opportunities for personal happiness. So I hired a consultant and he came in and we looked over the business. Looking back, Im reminded of the following from the incredible Hamilton. Joshua Dorkin BiggerPockets Founder Maui, HI 28K FOLLOWERS 5 FOLLOWING 346K CONNECTIONS I am the Founder, former CEO (2004 - 2018), former podcast host, and current board member of BiggerPockets. A few months back I had the blurry thing, but without the other stuff, and of course, went to visit Dr. Google. Is it all the hustle and grind? You know, you can work remote, you can do everything remote these days. Ive always followed the same mantra - work hard, hustle, grind. What are the things that I need to do to be better within all these personal domains? A life-long adventurer, Brandon (along with his wife and daughter) splits his time between his home in Hawaii and various other destinations around the globe. No, very few people do exactly what you just said and thats actually something that I do as well, I break it out. And what happens inevitably, and I think you and Ive seen this countless times, you know, you raise the money, and now you have bosses and those bosses are telling you how to run the business and now you dont get to run the business the way that you actually thought you were going to run the business, because you have bosses and youre not working for yourself anymore. But, yeah, no, its been a very, very long journey. 1065 episodes totalling 1002 hours, 17 minutes. . Joshua Dorkin, Brandon Turner. We came to Hawaii, weve been here since July. I need to move more, cool. He started BiggerPockets to help democratize the real estate investing landscape for himself and others, aiming to make it accessible for everyone, regardless of income or education. The site became so successful that in 2013, BiggerPockets, which had been a one-man show, began hiring employees to support a bevy of new products. Dan Daugherty: And well, first off, Im so happy that your daughter is healthy now. I kind of just glazed over it and just put my head down into work, so I didnt feel depressed anymore. Dan Daugherty: Welcome to this episode of The Big exit. So, without spending any more money or giving up any of your time (both of which I recommend you do in support of great charities around the world), you can be a philanthropist! They checked my blood, my heart, my eyes, and did a CT with contrast of my head and neck to check my brain and blood vessels. I remember the exact phone call that I made to the two of them to tell them what was going on. Today, BiggerPockets boasts more than 725,000 members, produces the top-rated real estate podcast on iTunes, and last year raked in $7 million in revenue through advertising, premium memberships, and partnerships with companies like credit-rating agency TransUnion. But thats OK. Hes still well on his way to becoming a mogul just less Donald Trump and more Rupert Murdoch. Josh Dorkin: Absolutely. There were books, but like, you know, the books were pretty general, they didnt really say, what do you do when your tenant is stealing electricity from the building next door? But, fast forward to where we are today and shes fully physically functional. https://www.biggerpockets.com/show421Many avid members of the BiggerPockets forum, listeners to the podcast, or readers of our articles may know our founder, Joshua Dorkin. [j:^h%m-dm0 \G/#f?IXv\I:$W2i|IO]K}3R+_D_P{_zZ`uu I\bY]_|[ J'|#W} t_g%=5+nnsN@ W ~xSf&+|r i44u{]Im|0S>gX}^jK9$m0BR8Y]?\fry5l |E~x7~'&xa PE""X WHr;.7=1k And so thats what I do in my book, and I literally will break all these mega tasks into little micro steps. And then I start knocking them out, hey, I got to get, you know, Ive been eating like crap, Im, you know, 20 pounds overweight, cool. Plus, he doesnt own any rental properties outright anymore, simply because BiggerPockets requires too much of his attention. Yeah. But its so easy for us to try and ignore things and hopefully itll go away. As I sat there trying to relax, things didnt improve and I knew I needed to go in. Dan Daugherty: Yeah, I mean, lets start from the very beginning. Josh Dorkin's Blog BiggerPockets Turns 18 Years Old! And so as we were going through this situation with my daughter, little by little she was getting better. FHA Guidelines: How to Qualify for a 3.5% Down Loan . We engaged an investment bank, initiated a process, and ultimately found ourselves at a successful deal with our aforementioned partners. Purchases from the BiggerPockets Bookstore can only ship within the United States. Dan Daugherty: You know, this is, as you were talking, all of the significant life changing moments that occurred not just in your life, but just in our own individual lives, tends to be even if its really, really bad, or really, really good, it tends to be a catalyst for something even bigger, and not all the time, but even from listening to you, it sounds like different things that happened within your life, almost had a purpose or a reason that got you to where you are today. BiggerPockets founder Joshua Dorkin and Brandon Turner from the BiggerPockets Real Estate Investing podcast. He started BiggerPockets to help democratize the real estate investing landscape for himself and others, aiming to make it accessible for everyone, regardless of income or education. We grew the community. Like, I mean, you wouldnt know the difference between her and any other kid. It was a lot to manage and with it came all the headaches that come with growth. Oct 2004 - Nov 201814 years 2 months. It's time to start doing And this book will show you exactly where to start! I move daily and if not for some nagging injuries, try to get in intensive workouts 5 days a week. But Joshua Dorkin is creating an online empire. Well, the reality is, we are all running out of time. And so, for example, one of the core values of Bigger Pockets is family above all else. Highly recommended!" Nat Borchers, retired pro athlete, Joshua Dorkin Oct 2016 Mar 2021. Julie was in California and I was home alone with the girls. Why do you write like youre running out of time?Write day and night like youre running out of time?Evry day you fight, like youre running out of time. This terrifying situation broke us, but didnt defeat us. Where previously competitors were weary of one another, we helped people learn that coopetition was a better model - one where people could compete AND cooperate for mutual benefit. And the platform itself, your business, whatever it is, is not going to be able to blossom. Im on the board. Joshua Dorkin is the founder of BiggerPockets, as well as a serial entrepreneur, investor, podcaster, publisher, and educator. Let me know what you think and please share this if you find it valuable! Just Released: Two NEW BiggerPockets Books to Help You Build Wealth Through Rental Investing . . And hopefully, you know, hopefully, somebody listening takes something away from it, I, you know, entrepreneurship is challenging, its really, its really, really tough. Doing so otherwise would leave me a nervous wreck. Joshua Dorkin is the founder of BiggerPockets, as well as a serial entrepreneur, investor, podcaster, publisher, educator, and co-author of How to Invest in Real Estate. Yeah, yeah. But I got to this point where Id just run myself ragged, really, you know, stupidly worked way, way, way, way too hard. And if you want to grow and thrive, you have to become seriously adept at it. I easily felt better. And for me in that period, you know, when I realized I wanted to be healthier for example, and by the way, I didnt have to lose weight. Why I left BiggerPockets is a little more complicated. And Im excited to have you on board to really tell the story of how you went from zero to an exit without ever raising a single dime of outside capital. How do we do this better than everybody else? So, in 2004, Dorkin launched BiggerPockets, a website for real estate investors to ask and answer each others questionslike a Reddit for property owners. Denver, Colorado, United States. . For returns, refunds, or the status of your order, you can contact. This keynote speech goes deep into what really matters most. I mean, I literally started this company with the, you know, like 12 bucks a month that it cost me to host and the whatever four or five bucks it cost to register the domain name back then, and that was it. When I founded the company I was teaching full time at a special ed high school in the Los Angeles area. I wish it would touch more on farmland and syndications a little more but those could be considered more niches. Our friend had come over to help out and I was going to rest while she watched the girls. And that ended up it was probably like eight years of grind, that is not healthy at all. Many avid members of the BiggerPockets forum, listeners to the podcast, or readers of our articles may know our founder, Joshua Dorkin. His vision for the site and its future brought national press attention to both Mr. Dorkin and to BiggerPockets. So give me give me the motivation and Ill get out there and do it. \"I was working a full-time job making no money as a teacher,\" Dorkin says, \" and then [I] quit that job, reliable income, to blindly create this platform for other people. And look, we get to go and you know, go out on the beach and not be near people. This caused a shift in Joshuas reality, so he dropped everything. Find which one works best for you, your resources, and your goals. I began to feel hopeful and knew at some point wed all be able to move on - no matter the outcome. Today, BiggerPockets is the premier real estate investing website online with . Nearly 30 people work out of the companys RiNo office. Once I realized this, I instantly knew what I had to do. I dont know, you know, I certainly have my own unique and distinct perspective, like anyone else. You know, we cant ignore SEO, we cant ignore these things. What are you waiting for? And I think far too many people get caught up in that, well, you know, Im going to build a business to get to an exit. How do we make a change, change the way we operate the business so that we, so that Googles algorithm changes become less of a significant impact on who we are and what we do? Mr. Dorkin's vision for BiggerPockets helped to propel it into becoming one of the top real estate destinations online. because I felt that I had to succeed, and because in reality, I was STUCK IN MY BUSINESS instead of working ON MY BUSINESS. Find which one works best for you, your resources, and your goals. Thirteen years ago, Joshua Dorkin's friends teased him about starting a website that seemed to have no future.\r\r \"I would get calls from my buddies who would literally call me on my cell phone [and say] 'Hey Josh, we just walked past a penny on the ground. But instead of sitting in my office talking on the phone, every phone call that I had was a walking call. I was happy to have three amazing children, food on the table, and a safe place to live. Its not money, its not success, but its something that matters even more: fulfillment and family.Be sure to give Joshua a follow on Twitter at @jrdorkinCheck the full show notes here: https://www.biggerpockets.com/show421 Copyright 2019 Joshua Dorkin. "I would get calls from my buddies who would literally call me. This happens so often where and you mentioned it, its at the SEO algorithm, is it, its almost like youre manic because one day you just closed a really large client, youre all celebrating, and then the next day, all of your servers crash.

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