Ep. 93 - Capturing Success: The Road to Financial Freedom with Fritz Liedtke
Fritz Liedtke, a photographer, began his journey with a Kodak 110 Instamatic at the age of 14 during a US tour with his father. Now in his fifth decade, he continues to explore the world with his camera. Fritz holds a BFA in photography and printmaking and has received numerous awards and grants for his work. His images have been published in renowned magazines and blogs such as National Geographic, Lenswork, PDN, and LensCulture. His work is also found in notable collections, including the Museum of Fine Arts Houston and Yale University Library.
In addition to his artistic pursuits, Fritz creates unique images for commercial and editorial clients. He enjoys investing, traveling, and teaching photography workshops. He is always seeking new artistic perspectives to engage with the world. Fritz and his family reside in Portland, Oregon, surrounded by nature and wildlife on their spacious property. If you want to learn more about his work, be sure to check Fritz Photo!
In this episode, Ashton and Fritz discuss the power of surrounding yourself with the right people to accelerate your success. Fritz shares his incredible journey from being on Social Security Disability to achieving financial freedom through passive income. He talks about taking photography classes, graduating college debt-free with savings, flipping houses, and using websites to attract clients. They also explore the concept of living in your "zone of genius," investing in real estate early on, setting goals, and outsourcing tasks. They highlight the significance of quality time with family, customer care, and finding joy in what you do. Throughout the conversation, they emphasize the importance of creating bonding moments with your children and staying true to your family values while finding happiness in your endeavors.
[00:00 – 15:29] Unlocking Success: Passion, Passive Income, and Strategic Growth
- Fritz Liedtke overcame challenges on Social Security Disability to become a successful artist and photographer.
- Fritz experienced remarkable growth and mindset shifts by surrounding himself with the right people, including mastermind groups like GoBundance.
- Through real estate investments and business automation, Fritz achieved a fulfilling life, working only a few hours a week and focusing on his art.
- By leveraging home equity through a HELOC, Fritz made strategic real estate investments, leveraging existing assets for wealth creation.
- Fritz simplified his photography business by delegating tasks and outsourcing, allowing him to explore new opportunities and interests.
[15:29 - 28:51] Embracing Passion and Prioritizing Fulfillment
- Fritz discovers his passion for being an artist and realizes the importance of spending more time in his zone of genius, where he finds joy and excels.
- Fritz seeks ways to create more time for his zone of genius by generating passive income and delegating non-essential tasks.
- Fritz regrets not buying more real estate earlier and emphasizes the strategic acquisition of properties to achieve financial freedom.
- Fritz shifts his focus from chasing more money to finding contentment and gratitude in his current situation, prioritizing a fulfilling and joyful life over excessive wealth.
- Fritz and his wife engage in goal-setting exercises to clarify their desires and align their priorities, recognizing the importance of regularly reassessing and adapting their goals as they evolve.
[15:29 - 28:51] Nurturing Bonds and Expanding Potential
- Fritz emphasizes the value of individual trips with each child to strengthen their bond and create meaningful time together.
- Fritz recognizes the limited time left before his kids grow up and highlights the importance of making the most of it.
- Fritz discusses the benefits of participating in a meditation group, including sharing experiences, vulnerability, and accessing intuition.
- Fritz shares his practice of visualizing his future self in meditation to make inspired decisions and break free from past identities and limitations.
[42:17 – 47:49] Closing Segment
· What is the most impactful thing you did for your business that helped it grow financially or succeed?
o Fritz believes that caring for customers, loving what he does, and finding effective marketing strategies, particularly focusing on Google Ads, have been instrumental in his business's growth and success. Additionally, hiring the right person to handle smaller tasks and allowing him to focus on bigger-picture aspects has been a significant leap for his business.
· What advice would you give your younger self regarding his health?
o Fritz wishes he had known earlier about the importance of building muscle for health and longevity. Recognizing his own low testosterone levels, he started supplementing it and putting effort into exercise and protein consumption to build more muscle.
· What brings you the most joy right now?
o Currently, Fritz finds joy in three activities: being in his art studio creating new work, participating in improv classes, and playing ping pong. He also mentioned that long-distance hiking brings him a sense of joy and fulfillment.
· How would you know if he were winning in the game of life?
o For Fritz, winning in the game of life involves finding happiness and enjoyment in what he does, being faithful to his family and values, and practicing gratitude for his accomplishments and progress.
Connect with Fritz!
Website: fritzliedtke.com
LinkedIn: Fritz Liedtke
Instagram: @fritzphoto1
Want to learn more about creating multiple income streams, wealth protection, financial freedom, or real estate investing? Join our investor club, check out our blog, get our free ebook on investing, or join us for our monthly Real Estate Investing Made Simple virtual meetup. Take the first to your wins in life and head on to http://www.valkeregroup.com.
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Key Quotes
“Knowing what you want and including that in your life is super important. Faithfulness to your family and your values is super important.” – Fritz Liedtke
