The real estate investor's journey requires uncomfortable sacrifices, especially in the beginning. We have to sacrifice time, money and our own comfort to create a business worth having. The most successful people who came from nothing have faced the tough choice between their immediate financial needs, and the money required to keep the business going for the foreseeable future. For my guest today, that choice was between paying for electricity or paying his assistant. He chose to ke...
The real estate investor's journey requires uncomfortable sacrifices, especially in the beginning. We have to sacrifice time, money and our own comfort to create a business worth having.
The most successful people who came from nothing have faced the tough choice between their immediate financial needs, and the money required to keep the business going for the foreseeable future.
For my guest today, that choice was between paying for electricity or paying his assistant.
He chose to keep his business running while dealing with discomfort in his own lifestyle. In one year, that sacrifice paid off, taking him from a struggling new investor to a budding commercial empire.
What are some of the biggest things aspiring entrepreneurs don't take into account at the start of the journey? How does Tyler build relationships and generate business?
In this episode, I'm joined by commercial investor, Tyler Cauble. He shares the hurdles he overcame to become a successful entrepreneur at 28.
Three Things You'll Learn In This Episode
How to navigate the uncertainty of today's market
Real estate is always going to have cycles and what determines our outcome is our mindset, not the external circumstances. Instead of panicking and pulling back, learn from history, and create a strategy to take advantage of down cycles. You can either have an abundance mentality, or fall apart and miss out on opportunity.
Why age shouldn't hold us back in commercial investing
Commercial real estate runs on relationships and generally who has been around the longest. In order to break through and start getting deals, boost your credibility by sharing what you do and building relationships through social media. Even if you don't have the relationships and a long track record, young investors can still leverage their social media experience to win.
The key mentality that sets successful entrepreneurs apart
Discomfort and sacrifice are a huge part of starting a business. Many people don't succeed because they choose instant gratification over the long-term positive outcome. If we're willing to sacrifice our comfort right now, and focus on what benefits the business, we nurture the mindset that leads to high returns.
Guest Bio-
Tyler Cauble is Founding Principal and President of The Cauble Group, an East Nashville-based commercial real estate brokerage serving the Greater Nashville Area. He's a native Nashvillian that has not only been a witness to the city's tremendous growth, but is also involved in it through his developments, renovation projects, and volunteer work.
As President of The Cauble Group, Tyler helps bring together buyers, sellers, landlords, and tenants in retail, office, industrial, and multi-family real estate. He's committed to helping business owners understand the market so that they can grow their business and be part of Nashville's future.
Tyler currently owns 4 office buildings of around 50,000 square feet. For more information, visit https://www.tylercauble.com and follow or DM @commercial_in_nashville.
