1 00:00:00,000 --> 00:00:01,680 Welcome back to the Deep Dive. 2 00:00:01,680 --> 00:00:05,320 Today, we're gonna tackle a story that's, 3 00:00:05,320 --> 00:00:08,880 well, it's equal parts inspiring and intriguing. 4 00:00:08,880 --> 00:00:10,720 You know, you sent over this YouTube video 5 00:00:10,720 --> 00:00:13,760 about Anthony Vecino, and he went from 6 00:00:13,760 --> 00:00:18,760 like a staggering $80,000 in debt to a real estate empire. 7 00:00:19,600 --> 00:00:22,600 I mean, like a real empire worth $70 million. 8 00:00:22,600 --> 00:00:25,960 And get this, he did it all in just three years. 9 00:00:25,960 --> 00:00:28,320 That's right, and what's fascinating about Anthony's story 10 00:00:28,320 --> 00:00:30,600 is that it's not just about money, right? 11 00:00:30,600 --> 00:00:32,800 Like it's not just about, oh, look at all this money you made. 12 00:00:32,800 --> 00:00:35,360 It's a masterclass in personal transformation. 13 00:00:35,360 --> 00:00:36,480 It really is. 14 00:00:36,480 --> 00:00:40,440 And we're gonna kinda dissect how he combines self-improvement 15 00:00:40,440 --> 00:00:42,000 with smart financial strategies 16 00:00:42,000 --> 00:00:45,520 and just this relentless drive to completely change his life. 17 00:00:45,520 --> 00:00:47,480 $70 million in three years. 18 00:00:47,480 --> 00:00:48,480 Sign me up. 19 00:00:48,480 --> 00:00:50,440 But seriously, let's rewind to the beginning. 20 00:00:50,440 --> 00:00:51,680 Okay. 21 00:00:51,680 --> 00:00:55,120 Anthony starts his story at what he calls rock bottom. 22 00:00:55,120 --> 00:00:59,880 So picture this, living in a van, fresh off a breakup. 23 00:00:59,880 --> 00:01:01,560 And like drowning in debt. 24 00:01:01,560 --> 00:01:02,840 I mean, talk about a starting point 25 00:01:02,840 --> 00:01:04,560 that makes you sit up and pay attention. 26 00:01:04,560 --> 00:01:07,600 It's a stark contrast to where he ends up. 27 00:01:07,600 --> 00:01:09,720 And that's what makes it so captivating. 28 00:01:09,720 --> 00:01:11,360 It's in this moment of despair 29 00:01:11,360 --> 00:01:13,480 that he discovers the work of Abraham Bazlo. 30 00:01:13,480 --> 00:01:15,720 Now, you're probably already familiar with, you know, 31 00:01:15,720 --> 00:01:17,120 Bazlo's hierarchy of needs. 32 00:01:17,120 --> 00:01:17,960 Yeah, yeah. 33 00:01:17,960 --> 00:01:19,880 But what Anthony really latches onto 34 00:01:19,880 --> 00:01:21,560 is this lesser known quote, 35 00:01:21,560 --> 00:01:24,520 that which we can be, we must be. 36 00:01:24,520 --> 00:01:26,720 This becomes his driving force. 37 00:01:26,720 --> 00:01:29,760 So he's motivated to reach his full potential, 38 00:01:29,760 --> 00:01:32,000 but how does he even begin to tackle 39 00:01:32,000 --> 00:01:34,320 such a massive transformation? 40 00:01:34,320 --> 00:01:35,800 He breaks down his approach 41 00:01:35,800 --> 00:01:38,720 into what he calls the four spheres of influence. 42 00:01:38,720 --> 00:01:41,680 Mindset, health, wealth, and skills. 43 00:01:41,680 --> 00:01:43,600 And he saw these as the pillars he needed 44 00:01:43,600 --> 00:01:44,760 to really strengthen 45 00:01:44,760 --> 00:01:46,880 to become that best version of himself. 46 00:01:46,880 --> 00:01:48,520 Okay, let's start with mindset. 47 00:01:48,520 --> 00:01:50,080 I think we can all relate to the idea 48 00:01:50,080 --> 00:01:52,880 that our thoughts can shape our reality, right? 49 00:01:52,880 --> 00:01:54,600 So how did Anthony approach this? 50 00:01:54,600 --> 00:01:57,960 He credits the Stoic philosophy of Marcus Aurelius, 51 00:01:57,960 --> 00:02:00,640 specifically his book, Meditation, 52 00:02:00,640 --> 00:02:03,200 for helping him kind of shift his focus. 53 00:02:03,200 --> 00:02:05,560 So you see, instead of obsessing over results, 54 00:02:05,560 --> 00:02:07,800 he learns to find peace in the present moment 55 00:02:07,800 --> 00:02:09,480 and focusing on the process. 56 00:02:09,480 --> 00:02:12,280 Now, I've dabbled in Stoicism myself, 57 00:02:12,280 --> 00:02:13,480 but I'm curious, 58 00:02:13,480 --> 00:02:17,000 how did Anthony actually apply these principles 59 00:02:17,000 --> 00:02:18,680 in a practical way, 60 00:02:18,680 --> 00:02:20,800 especially when faced with, you know, 61 00:02:20,800 --> 00:02:23,680 the high stakes world of like business and investing? 62 00:02:23,680 --> 00:02:25,080 That's a great question. 63 00:02:25,080 --> 00:02:29,560 He used Stoic exercises like negative visualization 64 00:02:29,560 --> 00:02:31,720 and premeditatio malorum 65 00:02:31,720 --> 00:02:35,400 to prepare himself mentally for potential setbacks. 66 00:02:35,400 --> 00:02:37,800 He even talks about how Stoicism 67 00:02:37,800 --> 00:02:40,080 helped him stay calm and rational 68 00:02:40,080 --> 00:02:42,720 during like intense real estate negotiations. 69 00:02:42,720 --> 00:02:45,160 Wow, so he wasn't just reading about Stoicism. 70 00:02:45,160 --> 00:02:46,640 He was actively integrating it 71 00:02:46,640 --> 00:02:48,320 into his decision-making process. 72 00:02:48,320 --> 00:02:49,240 That's really impressive. 73 00:02:49,240 --> 00:02:51,280 Exactly, it wasn't just about like reading, 74 00:02:51,280 --> 00:02:53,080 you know, philosophical texts. 75 00:02:53,080 --> 00:02:54,960 It's about putting those principles into action. 76 00:02:54,960 --> 00:02:57,360 Okay, so mindset is a major focus. 77 00:02:57,360 --> 00:02:58,480 Next up is health. 78 00:02:58,480 --> 00:02:59,960 I'm guessing this is where his background 79 00:02:59,960 --> 00:03:01,800 is a professional rock climber comes in handy. 80 00:03:01,800 --> 00:03:02,920 You got it. 81 00:03:02,920 --> 00:03:04,800 He was already in great shape physically, 82 00:03:04,800 --> 00:03:06,320 but what's interesting is he goes 83 00:03:06,320 --> 00:03:08,800 beyond the typical advice of, you know, 84 00:03:08,800 --> 00:03:10,240 exercise and nutrition. 85 00:03:10,240 --> 00:03:13,280 He talks about the importance of sleep optimization. 86 00:03:13,280 --> 00:03:16,280 And even mentions using specific biohacking techniques 87 00:03:16,280 --> 00:03:18,920 to boost his energy levels and mental clarity. 88 00:03:18,920 --> 00:03:21,160 Biohacking, now that's taking things to another level. 89 00:03:21,160 --> 00:03:24,920 He clearly wasn't settling for just the basics. 90 00:03:24,920 --> 00:03:27,480 Right, he was looking for every advantage he could get 91 00:03:27,480 --> 00:03:29,080 and he saw optimizing his health 92 00:03:29,080 --> 00:03:30,880 as a critical part of that. 93 00:03:30,880 --> 00:03:32,920 All right, so we've got a strong mindset 94 00:03:32,920 --> 00:03:34,920 and a finely tuned body. 95 00:03:34,920 --> 00:03:38,280 But let's be honest, when you're $80,000 in debt, 96 00:03:38,280 --> 00:03:40,080 the wealth sphere probably feels 97 00:03:40,080 --> 00:03:42,360 like a pretty daunting mountain to climb. 98 00:03:42,360 --> 00:03:43,440 Absolutely. 99 00:03:43,440 --> 00:03:46,360 Anthony realized that before he could even think about 100 00:03:46,360 --> 00:03:48,000 achieving his higher goals, 101 00:03:48,000 --> 00:03:50,240 he needed to get his finances in order, right? 102 00:03:50,240 --> 00:03:52,720 He had to understand the rules of the money game. 103 00:03:52,720 --> 00:03:54,640 And how did he go about learning those rules? 104 00:03:54,640 --> 00:03:56,760 Did he hire a financial advisor? 105 00:03:56,760 --> 00:03:59,360 He actually cautions against blindly relying 106 00:03:59,360 --> 00:04:00,720 on financial advisors. 107 00:04:00,720 --> 00:04:01,560 Oh, yeah. 108 00:04:01,560 --> 00:04:04,040 He emphasizes the importance of educating yourself 109 00:04:04,040 --> 00:04:06,320 and becoming financially literate, right? 110 00:04:06,320 --> 00:04:08,800 So he devoured books on personal finance, 111 00:04:08,800 --> 00:04:10,400 budgeting and investing. 112 00:04:10,400 --> 00:04:13,040 He even mentions using specific budgeting apps 113 00:04:13,040 --> 00:04:15,720 to track his expenses and automate his savings. 114 00:04:15,720 --> 00:04:16,760 That's a great point. 115 00:04:16,760 --> 00:04:19,880 There's so many resources available to us these days. 116 00:04:19,880 --> 00:04:21,400 It's about taking that initiative 117 00:04:21,400 --> 00:04:23,520 to learn and manage your own money. 118 00:04:23,520 --> 00:04:24,360 Exactly. 119 00:04:24,360 --> 00:04:25,720 Anthony took full responsibility 120 00:04:25,720 --> 00:04:27,160 for his financial education. 121 00:04:27,160 --> 00:04:29,520 And that's a key part of his success story. 122 00:04:29,520 --> 00:04:31,600 Okay, so he's working on his mindset, 123 00:04:31,600 --> 00:04:34,120 his health and taking control of his wealth. 124 00:04:34,120 --> 00:04:38,720 That brings us to the final sphere, skills. 125 00:04:38,720 --> 00:04:40,520 I'm curious to hear what Anthony considered 126 00:04:40,520 --> 00:04:42,280 the most valuable skills to develop, 127 00:04:42,280 --> 00:04:45,280 especially in today's rapidly changing world. 128 00:04:45,280 --> 00:04:47,640 He highlights the importance of investing in skills 129 00:04:47,640 --> 00:04:51,240 that solve valuable problems, quoting Elon Musk. 130 00:04:51,240 --> 00:04:53,560 You're paid in proportion to the magnitude 131 00:04:53,560 --> 00:04:55,760 of the problems that you solve. 132 00:04:55,760 --> 00:04:57,800 So he knew he needed to develop skills 133 00:04:57,800 --> 00:04:59,040 that were in high demand. 134 00:04:59,040 --> 00:05:00,800 So which skills did he prioritize? 135 00:05:00,800 --> 00:05:04,880 He focused on two key areas, discipline and communication. 136 00:05:04,880 --> 00:05:05,720 Got it. 137 00:05:05,720 --> 00:05:07,800 For him, discipline wasn't just about willpower. 138 00:05:07,800 --> 00:05:10,120 It was about creating systems and habits 139 00:05:10,120 --> 00:05:11,560 that would help him stay on track. 140 00:05:11,560 --> 00:05:12,400 Right. 141 00:05:12,400 --> 00:05:14,040 He used techniques like time locking 142 00:05:14,040 --> 00:05:15,720 and accountability partners to make sure 143 00:05:15,720 --> 00:05:18,720 he was consistently taking action towards his goals. 144 00:05:18,720 --> 00:05:19,840 That makes sense. 145 00:05:19,840 --> 00:05:22,160 Systems and habits can be so much more effective 146 00:05:22,160 --> 00:05:24,920 than just relying on willpower alone. 147 00:05:24,920 --> 00:05:26,440 And what about communication? 148 00:05:26,440 --> 00:05:28,200 Why was that so important to him? 149 00:05:28,200 --> 00:05:31,840 He realized that being able to communicate effectively, 150 00:05:31,840 --> 00:05:34,600 that was essential for building relationships, 151 00:05:34,600 --> 00:05:36,800 networking, negotiating deals, 152 00:05:36,800 --> 00:05:39,880 and ultimately building a successful business. 153 00:05:39,880 --> 00:05:43,000 He even talks about taking public speaking courses 154 00:05:43,000 --> 00:05:46,400 and joining Toastmasters to improve his communication skills. 155 00:05:46,400 --> 00:05:47,920 It sounds like he was really committed 156 00:05:47,920 --> 00:05:50,320 to becoming a well-rounded individual, 157 00:05:50,320 --> 00:05:52,560 not just focusing on one specific area. 158 00:05:52,560 --> 00:05:53,400 Exactly. 159 00:05:53,400 --> 00:05:55,680 He saw personal development as an ongoing process, 160 00:05:55,680 --> 00:05:58,280 a journey of continuous improvement 161 00:05:58,280 --> 00:05:59,960 across all areas of his life. 162 00:05:59,960 --> 00:06:02,960 So he's got this solid foundation. 163 00:06:02,960 --> 00:06:04,840 But I'm guessing he didn't just sit around 164 00:06:04,840 --> 00:06:07,360 and wait for success to come knocking. 165 00:06:07,360 --> 00:06:09,160 What were his next steps? 166 00:06:09,160 --> 00:06:11,160 That's where things get really interesting. 167 00:06:11,160 --> 00:06:13,000 He knew he needed to take action 168 00:06:13,000 --> 00:06:14,800 and start generating income, 169 00:06:14,800 --> 00:06:18,760 but he also recognized the value of coaching and mentorship. 170 00:06:18,760 --> 00:06:21,240 He even mentions that while he couldn't afford 171 00:06:21,240 --> 00:06:24,120 a coach at the time, he sought out free resources, 172 00:06:24,120 --> 00:06:26,440 like YouTube videos and online courses 173 00:06:26,440 --> 00:06:28,720 to learn from successful entrepreneurs. 174 00:06:28,720 --> 00:06:31,000 So he was resourceful and proactive, 175 00:06:31,000 --> 00:06:33,280 even when he was starting with limited resources? 176 00:06:33,280 --> 00:06:34,120 Absolutely. 177 00:06:34,120 --> 00:06:34,960 That's inspiring. 178 00:06:34,960 --> 00:06:37,200 He was determined to learn from the best, 179 00:06:37,200 --> 00:06:43,080 even if it meant starting with free or low-cost options. 180 00:06:43,080 --> 00:06:45,200 Welcome back to the Deep Dive. 181 00:06:45,200 --> 00:06:47,920 We're in the middle of unpacking Anthony Vachino's 182 00:06:47,920 --> 00:06:50,720 incredible journey from being buried in debt 183 00:06:50,720 --> 00:06:54,400 to building a multi-million dollar real estate portfolio. 184 00:06:54,400 --> 00:06:56,120 Last time we left off with Anthony 185 00:06:56,120 --> 00:06:58,840 kind of laying the groundwork for his transformation, 186 00:06:58,840 --> 00:07:01,720 strengthening his mindset, health, wealth and skills. 187 00:07:01,720 --> 00:07:04,000 He even mentioned seeking out free resources 188 00:07:04,000 --> 00:07:06,000 like YouTube and online courses 189 00:07:06,000 --> 00:07:08,080 because he couldn't afford a coach at the time. 190 00:07:08,080 --> 00:07:09,320 Talk about being resourceful. 191 00:07:09,320 --> 00:07:11,560 Resourcefulness was definitely one of his key strengths, 192 00:07:11,560 --> 00:07:13,520 but let's dive into how he actually 193 00:07:13,520 --> 00:07:14,920 started generating income. 194 00:07:14,920 --> 00:07:16,640 Remember, he was $80,000 in debt 195 00:07:16,640 --> 00:07:18,520 so he needed to make some serious moves. 196 00:07:18,520 --> 00:07:22,280 Right, he had all this knowledge and a rock solid mindset, 197 00:07:22,280 --> 00:07:24,440 but he still had to put it all into action. 198 00:07:24,440 --> 00:07:25,360 So what did he do? 199 00:07:25,360 --> 00:07:27,640 He decided to launch his own business 200 00:07:27,640 --> 00:07:30,320 and this is where things take an interesting turn. 201 00:07:31,240 --> 00:07:33,760 He chose to start a window washing business. 202 00:07:33,760 --> 00:07:35,360 Window washing. 203 00:07:35,360 --> 00:07:38,440 That doesn't exactly scream path to millions, does it? 204 00:07:38,440 --> 00:07:40,080 I mean, it's not exactly the most glamorous 205 00:07:40,080 --> 00:07:41,120 or high-tech industry. 206 00:07:41,120 --> 00:07:42,400 It might seem surprising, 207 00:07:42,400 --> 00:07:46,840 but he had a very specific reason for choosing this path. 208 00:07:46,840 --> 00:07:48,600 Remember those successful entrepreneurs 209 00:07:48,600 --> 00:07:50,880 he was studying, you know, Charlie Munger, 210 00:07:50,880 --> 00:07:52,520 Felix Dennis, Elon Musk. 211 00:07:52,520 --> 00:07:54,160 Oh yeah, the guys who stressed the importance 212 00:07:54,160 --> 00:07:57,240 of owning a business as a key to wealth creation. 213 00:07:57,240 --> 00:08:00,280 Exactly, Anthony realized that trading his time for money 214 00:08:00,280 --> 00:08:02,840 like he was doing as a professional rock climber 215 00:08:02,840 --> 00:08:05,160 wouldn't get him to where he wanted to be financially. 216 00:08:05,160 --> 00:08:08,360 He needed to create a system that could generate income 217 00:08:08,360 --> 00:08:10,000 even when he wasn't directly working. 218 00:08:10,000 --> 00:08:12,120 So it was less about the specific business 219 00:08:12,120 --> 00:08:13,920 and more of the principle of owning a business. 220 00:08:13,920 --> 00:08:17,120 Precisely, the window washing business was his testing ground. 221 00:08:17,120 --> 00:08:20,000 It was a way to learn the ropes of entrepreneurship, 222 00:08:20,000 --> 00:08:21,920 to build a system and to understand 223 00:08:21,920 --> 00:08:23,400 the dynamics of cash flow. 224 00:08:23,400 --> 00:08:26,440 Okay, so he's washing windows, learning about business, 225 00:08:26,440 --> 00:08:28,760 and hopefully starting to generate some income, 226 00:08:28,760 --> 00:08:31,000 but how does he go from window washing 227 00:08:31,000 --> 00:08:33,680 to a $70 million real estate portfolio? 228 00:08:33,680 --> 00:08:36,280 That's where his understanding of financial principles 229 00:08:36,280 --> 00:08:39,120 and his commitment to avoiding lifestyle creep 230 00:08:39,120 --> 00:08:40,040 come into play. 231 00:08:40,040 --> 00:08:41,640 Now you mentioned lifestyle creep before, 232 00:08:41,640 --> 00:08:43,360 but I think it's worth explaining it a bit more 233 00:08:43,360 --> 00:08:44,600 for our listeners. 234 00:08:44,600 --> 00:08:46,520 What exactly is lifestyle creep 235 00:08:46,520 --> 00:08:48,400 and how did Anthony manage to avoid it? 236 00:08:48,400 --> 00:08:52,320 Lifestyle creep is this sneaky tendency 237 00:08:52,320 --> 00:08:55,240 to increase your spending as your income rises. 238 00:08:55,240 --> 00:08:57,080 You get a raise, you buy a nicer car, 239 00:08:57,080 --> 00:08:59,160 a bigger apartment, more expensive clothes. 240 00:08:59,160 --> 00:09:01,200 Suddenly you're back to living paycheck to paycheck 241 00:09:01,200 --> 00:09:02,840 just by earning more. 242 00:09:02,840 --> 00:09:04,840 It's a trap that catches a lot of people. 243 00:09:04,840 --> 00:09:07,000 Oh, I think we've all been tempted by that trap 244 00:09:07,000 --> 00:09:08,360 at some point. 245 00:09:08,360 --> 00:09:11,440 So how did Anthony resist the urge to upgrade his lifestyle 246 00:09:11,440 --> 00:09:13,120 when he started making more money? 247 00:09:13,120 --> 00:09:14,840 He was incredibly disciplined. 248 00:09:14,840 --> 00:09:16,840 He had a clear vision of his financial goals 249 00:09:16,840 --> 00:09:19,760 and knew that every dollar he spent on unnecessary luxuries 250 00:09:19,760 --> 00:09:22,520 was a dollar that couldn't be invested in his future. 251 00:09:22,520 --> 00:09:25,720 He continued to live frugally, even as his income grew. 252 00:09:25,720 --> 00:09:28,520 So he's washing windows, avoiding lifestyle creep, 253 00:09:28,520 --> 00:09:30,960 and presumably saving like crazy. 254 00:09:30,960 --> 00:09:33,160 What did he do with all that hard earned cash? 255 00:09:33,160 --> 00:09:35,560 This is where his real estate journey begins. 256 00:09:35,560 --> 00:09:37,120 He had been carefully researching 257 00:09:37,120 --> 00:09:38,440 different investment options, 258 00:09:38,440 --> 00:09:41,400 but he kept coming back to multifamily real estate. 259 00:09:41,400 --> 00:09:43,640 Why multifamily properties specifically 260 00:09:43,640 --> 00:09:45,280 what made them so appealing to him? 261 00:09:45,280 --> 00:09:47,400 He saw them as a powerful way to build 262 00:09:47,400 --> 00:09:50,080 both cash flow and long-term wealth. 263 00:09:50,080 --> 00:09:53,240 He could generate rental income from multiple tenants 264 00:09:53,240 --> 00:09:56,000 while also benefiting from the property's appreciation 265 00:09:56,000 --> 00:09:56,840 over time. 266 00:09:56,840 --> 00:10:00,360 Ah, so he was playing the long game looking for investments 267 00:10:00,360 --> 00:10:03,440 that would generate passive income and grow in value. 268 00:10:03,440 --> 00:10:04,280 That's smart. 269 00:10:04,280 --> 00:10:05,120 Exactly. 270 00:10:05,120 --> 00:10:07,200 He understood that true wealth wasn't about 271 00:10:07,200 --> 00:10:08,200 getting rich quick. 272 00:10:08,200 --> 00:10:11,320 It was about creating sustainable income streams 273 00:10:11,320 --> 00:10:14,240 and building assets that would appreciate over time. 274 00:10:14,240 --> 00:10:16,560 Okay, so he's ready to dive into real estate, 275 00:10:16,560 --> 00:10:18,560 but I imagine it's not as simple as just going out 276 00:10:18,560 --> 00:10:19,720 and buying a property. 277 00:10:19,720 --> 00:10:21,040 What were some of the challenges he faced 278 00:10:21,040 --> 00:10:22,440 in this new world of investing? 279 00:10:22,440 --> 00:10:24,120 He had to learn a whole new set of skills 280 00:10:24,120 --> 00:10:26,160 he had to understand property management, 281 00:10:26,160 --> 00:10:30,320 tenant relations, financing options, and market dynamics. 282 00:10:30,320 --> 00:10:32,120 It was a steep learning curve, 283 00:10:32,120 --> 00:10:34,360 but he was determined to master it. 284 00:10:34,360 --> 00:10:36,720 So he didn't let his lack of experience hold him back? 285 00:10:36,720 --> 00:10:37,560 Not at all. 286 00:10:37,560 --> 00:10:39,720 He embraced the challenge and sought out knowledge 287 00:10:39,720 --> 00:10:41,880 from every possible source he attended, 288 00:10:41,880 --> 00:10:44,240 real estate seminars, red books connected 289 00:10:44,240 --> 00:10:45,720 with experienced investors, 290 00:10:45,720 --> 00:10:48,720 and even took online courses to sharpen his skills. 291 00:10:48,720 --> 00:10:51,160 It's amazing how he consistently applied 292 00:10:51,160 --> 00:10:54,400 that growth mindset to every aspect of his journey. 293 00:10:54,400 --> 00:10:57,960 He never stopped learning and never let fear 294 00:10:57,960 --> 00:10:59,880 stop him from taking action. 295 00:10:59,880 --> 00:11:00,880 You're absolutely right, 296 00:11:00,880 --> 00:11:03,160 and that's a key takeaway for anyone listening. 297 00:11:03,160 --> 00:11:06,480 The willingness to learn and adapt is crucial for success 298 00:11:06,480 --> 00:11:08,800 in any field, especially in the ever-evolving 299 00:11:08,800 --> 00:11:09,760 world of investing. 300 00:11:09,760 --> 00:11:11,480 So he's armed with knowledge, 301 00:11:11,480 --> 00:11:13,040 he's avoiding lifestyle creep, 302 00:11:13,040 --> 00:11:14,320 he's saving diligently, 303 00:11:14,320 --> 00:11:15,920 what was his first real estate investment? 304 00:11:15,920 --> 00:11:17,720 His first purchase was a triplex, 305 00:11:17,720 --> 00:11:21,480 which he snagged for $246,500. 306 00:11:21,480 --> 00:11:22,520 Think about that for a second. 307 00:11:22,520 --> 00:11:25,600 This guy was living in a van just a short time ago, 308 00:11:25,600 --> 00:11:28,200 and now he's buying a multifamily property. 309 00:11:28,200 --> 00:11:29,960 That's a remarkable turnaround, 310 00:11:29,960 --> 00:11:32,000 but I'm sure it wasn't all smooth sailing. 311 00:11:32,000 --> 00:11:33,800 What were some of the obstacles he encountered 312 00:11:33,800 --> 00:11:35,200 as a new real estate investor? 313 00:11:35,200 --> 00:11:37,200 He faced his fair share of challenges 314 00:11:37,200 --> 00:11:40,600 dealing with difficult tenants, unexpected repairs, 315 00:11:40,600 --> 00:11:43,800 navigating the complexities of financing. 316 00:11:43,800 --> 00:11:45,000 Wasn't always easy. 317 00:11:45,000 --> 00:11:47,840 So how did he handle those tough moments? 318 00:11:47,840 --> 00:11:49,480 Did he ever feel like giving up? 319 00:11:49,480 --> 00:11:51,360 He talks about the importance of resilience 320 00:11:51,360 --> 00:11:52,520 and perseverance. 321 00:11:52,520 --> 00:11:55,120 He knew that setbacks were inevitable, 322 00:11:55,120 --> 00:11:57,000 but he didn't let them derail him. 323 00:11:57,000 --> 00:12:00,200 He used his stoic principles to stay calm, 324 00:12:00,200 --> 00:12:02,040 focus on what he could control, 325 00:12:02,040 --> 00:12:03,640 and learn from his mistakes. 326 00:12:03,640 --> 00:12:04,560 That's so important. 327 00:12:04,560 --> 00:12:07,240 It's easy to get discouraged when things get tough, 328 00:12:07,240 --> 00:12:09,280 but it's the ability to bounce back 329 00:12:09,280 --> 00:12:11,520 that really separates successful people from the rest. 330 00:12:11,520 --> 00:12:12,400 Absolutely. 331 00:12:12,400 --> 00:12:14,080 And Anthony's story is a testament 332 00:12:14,080 --> 00:12:16,000 to the power of resilience he kept learning, 333 00:12:16,000 --> 00:12:17,760 kept adapting, and kept pushing forward, 334 00:12:17,760 --> 00:12:18,880 even when things got tough. 335 00:12:18,880 --> 00:12:21,080 And that triplex was just the beginning, right? 336 00:12:21,080 --> 00:12:21,920 Yeah. 337 00:12:21,920 --> 00:12:23,000 How did he go from that first investment 338 00:12:23,000 --> 00:12:25,000 to a $70 million portfolio? 339 00:12:25,000 --> 00:12:26,360 That's a story for our next segment, 340 00:12:26,360 --> 00:12:27,800 but let me just say, 341 00:12:27,800 --> 00:12:30,240 his success wasn't about luck or timing. 342 00:12:30,240 --> 00:12:33,640 It was about a combination of smart strategies, 343 00:12:33,640 --> 00:12:36,800 disciplined execution, and an unwavering belief 344 00:12:36,800 --> 00:12:38,880 in his ability to achieve his goals. 345 00:12:38,880 --> 00:12:40,440 Welcome back to the deep dive. 346 00:12:40,440 --> 00:12:41,280 Yeah. 347 00:12:41,280 --> 00:12:42,320 We're wrapping up our exploration 348 00:12:42,320 --> 00:12:44,480 of Anthony Viscino's incredible journey 349 00:12:44,480 --> 00:12:47,440 from $80,000 in debt 350 00:12:47,440 --> 00:12:49,640 to a $70 million real estate empire. 351 00:12:49,640 --> 00:12:50,960 It's been quite a ride. 352 00:12:50,960 --> 00:12:52,960 We've seen how he transformed his mindset, 353 00:12:52,960 --> 00:12:55,760 honed his spills, embraced frugality, 354 00:12:55,760 --> 00:12:58,240 and took that leap into entrepreneurship 355 00:12:58,240 --> 00:12:59,760 with his window washing business. 356 00:12:59,760 --> 00:13:02,400 And let's not forget that first real estate investment, 357 00:13:02,400 --> 00:13:04,400 that triplex he purchased, 358 00:13:04,400 --> 00:13:06,760 for $246,500. 359 00:13:06,760 --> 00:13:07,600 Right. 360 00:13:07,600 --> 00:13:08,840 It's amazing to think that was just 361 00:13:08,840 --> 00:13:10,280 the beginning of his real estate journey. 362 00:13:10,280 --> 00:13:11,280 It really is. 363 00:13:11,280 --> 00:13:14,160 But before we dive into how he scaled his portfolio, 364 00:13:14,160 --> 00:13:15,360 I think it's important to revisit 365 00:13:15,360 --> 00:13:17,880 the personal development aspect of his story. 366 00:13:17,880 --> 00:13:19,360 Remember, Anthony emphasized 367 00:13:19,360 --> 00:13:21,960 that personal growth was his most important job. 368 00:13:21,960 --> 00:13:22,800 Right. 369 00:13:22,800 --> 00:13:24,120 He approached self-improvement 370 00:13:24,120 --> 00:13:26,960 with the same level of dedication and discipline 371 00:13:26,960 --> 00:13:29,680 that he applied to his business and investments. 372 00:13:29,680 --> 00:13:31,640 He was constantly learning, growing, 373 00:13:31,640 --> 00:13:33,360 and pushing himself to become better. 374 00:13:33,360 --> 00:13:34,200 Exactly. 375 00:13:34,200 --> 00:13:36,080 And one of the key principles he embraced 376 00:13:36,080 --> 00:13:37,840 was the stoic philosophy, 377 00:13:37,840 --> 00:13:40,720 particularly the teachings of Marcus Aurelius. 378 00:13:40,720 --> 00:13:41,840 We touched on this earlier, 379 00:13:41,840 --> 00:13:44,160 but I think it's worth exploring further. 380 00:13:44,160 --> 00:13:45,000 Yeah, I agree. 381 00:13:45,000 --> 00:13:47,240 I'm fascinated by how he actually applied stoicism 382 00:13:47,240 --> 00:13:48,520 in his daily life, 383 00:13:48,520 --> 00:13:51,280 especially when faced with the inevitable challenges 384 00:13:51,280 --> 00:13:53,280 of entrepreneurship and investing. 385 00:13:53,280 --> 00:13:55,920 Well, he talks about using specific stoic practices 386 00:13:55,920 --> 00:13:57,880 to manage his emotions and stay focused 387 00:13:57,880 --> 00:13:59,560 on what he could control. 388 00:13:59,560 --> 00:14:01,600 For example, he used negative visualization 389 00:14:01,600 --> 00:14:04,600 to mentally prepare himself for potential setbacks. 390 00:14:04,600 --> 00:14:06,640 You know, he would imagine the worst case scenario 391 00:14:06,640 --> 00:14:09,200 so that if they did happen, he wouldn't be caught off guard. 392 00:14:09,200 --> 00:14:10,040 That's interesting. 393 00:14:10,040 --> 00:14:11,360 It's almost like he was training his mind 394 00:14:11,360 --> 00:14:14,560 to be resilient, to not be thrown off course 395 00:14:14,560 --> 00:14:15,920 by unexpected events. 396 00:14:15,920 --> 00:14:16,760 Exactly. 397 00:14:16,760 --> 00:14:18,040 He was building mental toughness. 398 00:14:18,040 --> 00:14:21,040 He also used a technique called premeditatio malorum, 399 00:14:21,040 --> 00:14:24,000 which is basically anticipating potential obstacles 400 00:14:24,000 --> 00:14:26,040 and planning how you'll respond to them. 401 00:14:26,040 --> 00:14:28,280 So instead of letting fear paralyze him, 402 00:14:28,280 --> 00:14:30,280 he was proactively addressing it 403 00:14:30,280 --> 00:14:33,040 and developing strategies to overcome challenges. 404 00:14:33,040 --> 00:14:34,080 Precisely. 405 00:14:34,080 --> 00:14:36,520 And this stoic approach helped him navigate 406 00:14:36,520 --> 00:14:37,880 the ups and downs of his journey 407 00:14:37,880 --> 00:14:39,920 with a sense of calm and clarity. 408 00:14:39,920 --> 00:14:42,640 He wasn't ruled by his emotions, he was in control. 409 00:14:42,640 --> 00:14:44,400 That's such a powerful concept. 410 00:14:44,400 --> 00:14:46,760 It's a reminder that we can't always control 411 00:14:46,760 --> 00:14:49,520 what happens to us, but we can control how we respond. 412 00:14:49,520 --> 00:14:51,440 And that's where true resilience lies. 413 00:14:51,440 --> 00:14:52,320 Absolutely. 414 00:14:52,320 --> 00:14:53,640 Anthony's story is a testament 415 00:14:53,640 --> 00:14:55,640 to the power of a resilient mindset. 416 00:14:55,640 --> 00:14:59,000 He faced setbacks, he made mistakes, but he never gave up. 417 00:14:59,000 --> 00:15:01,520 He used those experiences as learning opportunities 418 00:15:01,520 --> 00:15:02,720 and kept moving forward. 419 00:15:02,720 --> 00:15:05,160 So he's got this solid foundation of personal development. 420 00:15:05,160 --> 00:15:08,160 He's mastered his finances, he's launched a business, 421 00:15:08,160 --> 00:15:10,640 and he's made his first real estate investment. 422 00:15:10,640 --> 00:15:12,120 How does he go from that triplex 423 00:15:12,120 --> 00:15:14,720 to a portfolio worth $70 million? 424 00:15:14,720 --> 00:15:17,320 Well, it wasn't a sudden windfall or a lucky break. 425 00:15:17,320 --> 00:15:20,880 It was a process of strategic growth and disciplined execution. 426 00:15:20,880 --> 00:15:23,360 He took the profits from his window washing business 427 00:15:23,360 --> 00:15:25,080 and reinvested them wisely. 428 00:15:25,080 --> 00:15:28,200 He acquired more properties focusing on multifamily units 429 00:15:28,200 --> 00:15:30,240 that generated consistent rental income. 430 00:15:30,240 --> 00:15:32,840 So he was leveraging the power of compounding. 431 00:15:32,840 --> 00:15:35,760 He was using the income from his existing assets 432 00:15:35,760 --> 00:15:39,360 to acquire more assets, which generated even more income. 433 00:15:39,360 --> 00:15:40,440 It's like a snowball effect. 434 00:15:40,440 --> 00:15:43,480 Exactly, and he wasn't afraid to take calculated risks. 435 00:15:43,480 --> 00:15:45,280 He understood that leveraging debt 436 00:15:45,280 --> 00:15:46,920 could accelerate his growth, 437 00:15:46,920 --> 00:15:50,000 but he was always careful to manage his debt responsibly. 438 00:15:50,000 --> 00:15:52,880 So it wasn't just about working hard and saving money. 439 00:15:52,880 --> 00:15:55,680 It was about understanding financial principles 440 00:15:55,680 --> 00:15:57,960 and using them strategically to build wealth. 441 00:15:57,960 --> 00:16:00,160 Precisely, he was playing the long game. 442 00:16:00,160 --> 00:16:03,240 He wasn't looking for quick flips or get rich quick schemes. 443 00:16:03,240 --> 00:16:05,240 He was building a sustainable portfolio 444 00:16:05,240 --> 00:16:06,840 of income-generating assets. 445 00:16:06,840 --> 00:16:08,040 That's a really important lesson. 446 00:16:08,040 --> 00:16:11,120 True wealth is built over time through smart decisions 447 00:16:11,120 --> 00:16:12,360 and consistent effort. 448 00:16:12,360 --> 00:16:14,960 Absolutely, and Anthony's story demonstrates 449 00:16:14,960 --> 00:16:17,720 that it's possible for anyone to achieve financial freedom 450 00:16:17,720 --> 00:16:19,360 even if you start with nothing. 451 00:16:19,360 --> 00:16:21,800 His journey is incredibly inspiring. 452 00:16:21,800 --> 00:16:24,600 He took control of his life, faced his fears, 453 00:16:24,600 --> 00:16:27,040 embraced challenges, and ultimately achieved 454 00:16:27,040 --> 00:16:30,200 a level of success that most people only dream of. 455 00:16:30,200 --> 00:16:32,920 It's a powerful reminder that we all have the potential 456 00:16:32,920 --> 00:16:34,480 for greatness within us. 457 00:16:34,480 --> 00:16:37,120 It's up to each of us to cultivate that potential, 458 00:16:37,120 --> 00:16:39,800 to develop our skills, to adopt a growth mindset, 459 00:16:39,800 --> 00:16:42,040 and to take action towards our goals. 460 00:16:42,040 --> 00:16:43,360 So for our listeners out there, 461 00:16:43,360 --> 00:16:45,520 we hope this deep dive has sparked some ideas 462 00:16:45,520 --> 00:16:48,720 and inspired you to take action towards your own goals, 463 00:16:48,720 --> 00:16:49,960 whatever they may be. 464 00:16:49,960 --> 00:16:51,840 Remember, transformation is within reach. 465 00:16:51,840 --> 00:17:13,840 Start today, embrace the journey, and never stop growing.