700: How Rob Dyrdek Fits Family, Real Estate, and $100M Businesses into His Day

Podcast Notes Playlist: Business

English - December 22, 2022 00:00 - 1 hour - 69.3 MB - ★★★★★ - 2 ratings
Business podcast notes podcastnotes playlist Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: 20VC: Mailchimp's Ben Chestnut on The Biggest Leadership Lessons Scaling to a $12Bn Acquisition and $1BN+ ARR, The Secret to Happiness, Being a Great Husband and Father & Why 2021 was the Right Time To Sell to Intuit

Next Episode: Austin Rief: Building & Selling The Morning Brew For Millions In 5 Years, Side Hustle Ideas, & More

BiggerPockets Real Estate Podcast

Podcast Notes Key Takeaways Rob always believed that entrepreneurship was something that he would do in addition to his skating careerRob spread himself too thin in his early days as an entrepreneur and was barely breaking even across his businesses in aggregateAfter reading the book Start At The End, Rob changed everything about the way he did business; he got rid of all the 13 businesses he was operating and began to better channel his energy towards what he actually wanted out of the businessesIn less than five years of changing his personal operating model, Rob Dyrdek went from being broke and breaking even on his businesses to making several hundred million dollars Rob’s recession-proof portfolio: capital-draining personal real estate, has a core venture business, and “a ton” of cash Trying to get rich quick in real estate is not a sustainable operating model The fortunes made in real estate have not been made by flipping $80K houses; they have been made by compounding taking place over time Rob tracks every bit of his time, categorizes it, and then generates a dashboard of time spent so he can track where he is spending time now and over the yearsHe tracks both quantitative and qualitative aspects of his life Rob looks at his entire life as one large integrated system that exchanges time and energy for everything “Every single day, I track how I feel 0-10 about my life, my work, and my health.” – Rob Dyrdek The universe conspires to bring you more opportunities when you are more deliberate in your life “Having measurement and tracking in all aspects of your existence is the only way that you can grow into the ideal version of yourself that only you can design, divine, define, and then build the measurement to get there.” – Rob Dyrdek

Read the full notes @ podcastnotes.org

Rob Dyrdek is one of the most well-known pro skaters, entrepreneurs, and media figures of all time. He essentially owned the MTV lineup for years with hit shows such as Rob & Big, Rob Dyrdek's Fantasy Factory, and Ridiculousness. At first glance, Rob may look like a phenomenal skater who turned his passion into something profitable. But behind the half pipes is an almost unbelievable amount of discipline, wisdom, and time optimization that only a select few know about.

Rob, like many entrepreneurs, ditched school early on when he realized that his talents were best used elsewhere. He left high school at sixteen, went on to compete in the highest level of skateboarding, and started his first company at seventeen. He was bringing in millions of dollars a year at an age where money is almost incomprehensible. Rob was fueled by creation, starting dozens of businesses that were doing millions in revenue but weren’t making a financial difference in his life. So, he took a high-level view of what was worth keeping and cut out everything but that.

From then on Rob began investing down two major avenues—businesses and real estate. Most people who follow Rob know about the former, but very few know about the latter. Now, Rob’s on the show to help us celebrate the 700th episode of the BiggerPockets Real Estate Podcast and show us how we too can make millions of dollars by tracking every minute of our day as intelligently as possible.

In This Episode We Cover:

Becoming an entrepreneur and Rob’s earliest business ventures

Why quantity over quality is key when building businesses and brands

Real estate syndications and why Rob will only touch a certain type of property

The “soul-sucking” landlord life and why it is NOT for everyone

Rob’s recession-proof plan that will make him millions even as investing fear peaks

Tracking your life and how doing so will make you richer and happier almost automatically

Building your financial framework and how so many doors open after you do so

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

BiggerPockets Youtube Channel