EP 10 - Do Not Quit Your Full-Time Job to Be an Investor With Joseph Oliver Reed IV
“I would say success is measured by the amount of time that I can give to serve other people. And the offshoot of that is, you know, am I worried about my expenses because if I'm not worried about my expenses, then that means I've built up the income streams that I need to be able to have the time to focus on other people.” - Joseph Oliver Reed IV
To get additional cash flow, people take on additional jobs or work extra hours. This however leads to physical and mental exhaustion which could compromise other important aspects of one’s life. Joseph Oliver Reed IV, on the other hand, started a business part-time, while continuing to work full-time at a regular job. He followed his passion as an entrepreneur and pursued real estate investing.
Joseph Oliver Reed IV is a husband and father of two. Joseph works in the financial industry and in his "free time" invests in real estate on the side. Joseph loves discussing alternative investment strategies, playing games with his children, and serving in his church. He currently resides in Mesa, Arizona.
[00:01 - 07:34] Opening Segment
- Welcoming Joseph to the show
- Balancing A Full-Time Job With a Real Estate Investing
[07:35 - 33:31]
- Joseph’s goal: Abundant cash supply to protect himself from unwanted circumstances
- Investing in Africa
- Leveraging on his current assets to build more assets
- Generational wealth through religion
- The biggest investment you could make right now
[33:32 - 40:43] Closing Segment
- Fun four questions
- What inspires him
- How Joseph measures his success
Key Quotes
“You can use debt to leverage into other opportunities to grow your cash flow to grow your wealth.” - Ashton Levarek
“If I want to be successful, I have to work outside of my nine to five job and look at investment properties, look at stocks, you know, assess my debt situation.” - Joseph Reed
“It's really what you do after the clock, what you're doing on your own accord when you're living purposefully and investing in your own education. That's what's going to take you to the next level.” - Joseph Reed
Connect with Joseph on LinkedIn!
Resources Mentioned
What Would the Rockefellers Do?
Man's Search for Meaning Viktor Frankl
Leave a REVIEW and SHARE this episode with someone who wants to unlock the secrets to success. Listen to other episodes on Apple, Spotify, Libsyn or wherever you get your podcasts!
