5 • 831 Ratings
🗓️ 26 February 2025
⏱️ 16 minutes
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0:00.0 | Hello and welcome. |
0:12.1 | My name is Gino Barbera, one of the co-founders of Jake in Gino. |
0:15.8 | And in this how to lesson, I really want to dive into how you can start healing your relationship with money. |
0:24.6 | Now, that may seem like a weird topic or a topic that has nothing to do with investing in |
0:30.5 | real estate and investing with apartments. But what I've found over the last 15 years or so of coaching and being part of the Jake |
0:40.7 | and Geno community and seeing some members just crushing it and other members not. |
0:47.9 | You can take two members, have the same skill set, have the same amount of money, have the |
0:53.8 | same goals, have the same talents. |
0:57.5 | One does really well and one doesn't. And why is that? Or where can you trace that back? |
1:06.1 | To me, it has a lot to do with mindset. It really does. Having a fixed mindset versus the growth |
1:10.4 | mindset. But more importantly, it has to do with mindset. It really does. Having a fixed mindset versus the growth mindset. But more |
1:11.6 | importantly, it has to do, in my opinion, and especially in my story as well, to the relationship |
1:20.0 | that you have with money. I've heard a lot of people when they talk about apartments, they say, |
1:26.6 | oh, I can't afford that. It's too big. That's |
1:29.0 | just for rich people. I need to start with single families. I need to start with something |
1:33.3 | smaller. Now, there's nothing wrong with that mindset. In fact, that's where I started, because |
1:38.7 | that's what I thought is where you needed to start. That was my relationship with money, |
1:43.3 | with scarcity, maybe a little |
1:46.1 | bit of fear, maybe not knowing what money really was, not having enough value to be able to |
1:53.8 | attract money or to attract those deals. That's the problem. People, when they join a lot of times in our community, they've got that mindset that who owns these apartments? How do I get the money for the apartments? They're asking the wrong questions. If you have a healthy relationship with money, money is not the problem. The problem really is you don't know what you're doing when you're |
2:18.6 | starting to buy apartments. It's not buying a single family home. There are certain skill sets you need |
2:23.1 | to learn. So if you have a terrible relationship with money, you're saying to yourself, |
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