In this episode of the Real Estate Wealth Podcast, host Ed Aloe continues his discussion with Brian Tracy, a pioneering figure in the realms of personal and professional development. Ed and Brian discuss the fundamentals of goal-setting and the significance of an abundance mindset for attaining financial freedom through real estate. Brian shares his expertise on common mistakes to avoid, the power of setbacks in learning valuable lessons, and the importance of adopting an optimistic outlook towards the future.Listen this week as Ed and Brian talk about common mistakes in business and real estate, the power of mindset, and the power of setting goals consistently.Quotes"The more confident you are that you're going to achieve a goal, the more relaxed you are about it, the faster it comes true." -Brian Tracy [30:20]“Clarity is so important. And the only way you have excellent, absolute clarity is to write it down. Some people write their goals down once a year. But what would happen if you wrote your goals down once a day? It is like slamming your foot on the accelerator of your own life. You start to make progress.” -Brian Tracy [38:30]TakeawaysGoal Setting: clear, advanced planning, and consistency Viewing setbacks not as failures but as valuable lessons for future success.The mentality of continuous improvement, both in personal development and in business.A positive mindset will shape your success and potential.Acting immediately upon decisions, especially when correcting a mistake is crucial to success. Timestamps(01:29) Learning from setbacks and difficulties(04:34) The value of keeping notes and records(08:25) Using zero-based thinking to evaluate what to continue or change(12:17) Once a decision is made, get on with it immediately(16:36) The mindset of successful people(23:00) Goal Setting(37:27) Cognitive dissonance and the clash between current reality and goal statements(43:40) Investing time and money for personal growth(50:39) Connect with Brian TracyConnectEd AloeCALCAPBrian Tracy

In this episode of the Real Estate Wealth Podcast, host Ed Aloe speaks with Brian Tracy, a pioneering figure in the realms of personal and professional development. With a career of over four decades, he has made his mark as a renowned consultant, author, and speaker. Brian talks about the journey of achieving success through persistence, the value of learning from mistakes, and the impact of developing success habits. Listen this week as Ed and Brian discuss the critical role of due diligence in real estate and actionable strategies for personal and financial growth, emphasizing the significance of effective goal-setting and time management. Quotes"Most people, unfortunately, are lazy, and they don't do anything that they don't have to do. But successful people are also lazy. However, they realize that if they can identify all the lessons that they learned, is that we will make all kinds of mistakes, but they will take the time to learn from each mistake." -Brian Tracy [14:06]“Treat everybody like a million-dollar customer. It's the most wonderful thing to treat people, starting with your family in the morning, with your staff, you treat everybody like they're valuable and important people. This has a double effect. First of all, it makes you feel good about yourself to treat others well. It makes others feel good about themselves and they're committed to you and helping you.” -Brian Tracy [38:30]TakeawaysPersonal development and an abundance mindset are keys to amassing real estate wealth.Selling more effectively and persistent action in pursuit of goals = more profit. Embracing your mistakes as learning opportunities can catalyze success in real estate investment and beyond.Brian’s "Seven-Step Method" to wealth: goal setting, planning, continuous learning, and consistent self-improvement.Fostering positive relationships results in personal and professional success.Timestamps(01:44) Brian Tracy’s passion for personal and professional success(04:40) Foundational principles of making money in any field(10:58) Learning from mistakes and turning them into valuable lessons(22:20) Habits for success(30:03) The value of reading and internalizing key ideas from books(35:01) Positive addiction and the importance of completing important tasks(40:04) Incremental improvement: using the method to increase income(47:44) Getting rich slowly and holding onto assets for long-term wealthConnectEd AloeCALCAPBrian Tracy

Host Ed Aloe, sits down with Charlie Engle, an ultramarathon runner and adventure athlete. Charlie is best known for running 4500 miles across the Sahara Desert in 111 consecutive days. Learn how applying the right mindset is critical to any endeavor in life.For more information about the host, Ed Aloe, please visit www.edaloe.comFor more information about CALCAP Advisors, visit us at www.calcap.comFollow us on Twitter @CALCAPAdvisors

Ed Aloe sits down with Lu Chen, Associate Director and Senior Economist at Moody’s Analytics. We will explore how the affordability crisis is affecting renters and impacting real estate investors. Join in on this relevant conversation.For more information about the host, Ed Aloe, please visit www.edaloe.com For more information about CALCAP Advisors, visit us at www.calcap.comFollow us on Twitter @CALCAPAdvisors

Host, Ed Aloe, sits down with John Pappalardo, Director of Business Development of CALCAP Strategic Opportunities. Understand how  different components of the capital stack can be  used to enhance investor returns. For more information about the host, Ed Aloe, please visit www.edaloe.com For more information about CALCAP Advisors, visit us at www.calcap.comFollow us on Twitter @CALCAPAdvisors

Host, Ed Aloe, interviews Chris Porter, SVP and Chief Demographer at John Burns Research and Consulting Group, to talk about the different trends today shaping the current housing market.For more information about the host, Ed Aloe, please visit www.edaloe.com For more information about CALCAP Advisors, visit us at www.calcap.comFollow us on Twitter @CALCAPAdvisors

Host, Ed Aloe, sits down with Lani Porter, EVP and managing director of CALCAP Properties to get a better understanding of the property management side of the business and how critical professional  property management is for any real estate investor to grow their wealth.For more information about the host, Ed Aloe, please visit www.edaloe.com For more information about CALCAP Advisors, visit us at www.calcap.comFollow us on Twitter @CALCAPAdvisors

Host Ed Aloe is back for season 2 as he sits down with Trevor Koskovich, President of NorthMarq Multifamily. Listen as they take a deep dive into the transitioning apartment market and what we will see moving forward. For more information about the host, Ed Aloe, please visit www.edaloe.comFor more information about CALCAP Advisors, visit us at www.calcap.comFollow us on Twitter @CALCAPAdvisorsFor more information about the host, Ed Aloe, please visit www.edaloe.com For more information about CALCAP Advisors, visit us at www.calcap.comFollow us on Twitter @CALCAPAdvisors

Host, Ed Aloe, sits down with Anthony Geraci, CEO and Partner at Geraci Law Firm to talk about the past, present, and future of the Private Money Lending Business!For more information about the host, Ed Aloe, please visit www.edaloe.com For more information about CALCAP Advisors, visit us at www.calcap.comFollow us on Twitter @CALCAPAdvisors

Angelo Mozilo, founder of Countrywide Financial sits down with Ed Aloe to reflect on business, life, and the future of America. For more information about the host, Ed Aloe, please visit www.edaloe.com For more information about CALCAP Advisors, visit us at www.calcap.comFollow us on Twitter @CALCAPAdvisors

Ed Aloe interviews nationally recognized tax law and 1031 exchange expert Skip Kessler from Greenberg Glusker. Learn the secret of making the IRS your “silent partner” and exponentially building real estate wealth.For more information about the host, Ed Aloe, please visit www.edaloe.com For more information about CALCAP Advisors, visit us at www.calcap.comFollow us on Twitter @CALCAPAdvisors

Host, Ed Aloe, sits down with Josh Holman, EVP of CALCAP Asset Management to discuss all things Workforce Housing and why CALCAP loves investing in it!For more information about the host, Ed Aloe, please visit www.edaloe.com For more information about CALCAP Advisors, visit us at www.calcap.comFollow us on Twitter @CALCAPAdvisors

Host, Ed Aloe, sits down with Malcolm Davies, founder and Senior Managing Partner of WAY Capital, to talk about the different layers of capital stack, joint venture structures, and rising interest rates.For more information about the host, Ed Aloe, please visit www.edaloe.com For more information about CALCAP Advisors, visit us at www.calcap.comFollow us on Twitter @CALCAPAdvisors

Host, Ed Aloe, sits down with his business partners — Mark Mozilo and Pat Wakeman — to share stories and insights that came out of the financial crisis of 2007–2008.  What did these three men decide to do at the height of the economic crisis?They founded CALCAP Advisors.  Equipped with mental toughness and 20 years of experience in financial and real estate services, Ed believed that the disrupted environment presented incredible opportunities for those who could recognized them. He was keenly aware of the risks, but was convinced the potential rewards far outweighed them, especially with Mark and Pat by his side. With the backdrop of financial chaos, Ed carefully plotted his vision to build CALCAP and change the course of his future. Listen to episode one of The Real Estate Wealth Podcast to find out how. For more information about the host, Ed Aloe, please visit www.edaloe.com For more information about CALCAP Advisors, visit us at www.calcap.comFollow us on Twitter @CALCAPAdvisors