199 - Things Got Dog-Sh*t Messy... Literally - Rock Thomas

Are you owning up to your mistakes and milkin’ the lessons out of
them? Rock Thomas, a farm boy turned investor, entrepreneur, and
self-made millionaire sure has, and he’s here to share why nobody
cares more about your money than you do. In the past, he has let
his emotions and ego run the show, and when they did, things got
dog-shit messy — literally. Listen in to hear why Rock sees his
mistakes as investments in himself - and learn about the massive
opportunities he’s creating amidst the coronavirus pandemic.


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Time Stamped Show Notes:


00:40 – Introducing Rock, a farm boy turned podcast host,
bestselling author, motivational speaker, investor, entrepreneur,
and millionaire

02:10 - He invests in student housing; he’s in a
mastermind of people dedicated to passive income vehicles and
a man had broken the strategy down to a science

03:10 - The guy figured out how to renovate places
quickly and efficiently; Rock gave him resources to scale his
business from $8M/year to $120/M/year in 4 years



04:00 – Rock’s CSIRE 

04:50 - Usually people say not to wait to buy real
estate, but in this case, he recommends waiting to see how
this pandemic shakes out

05:15 - Rock got good in real estate, then he got cocky;
he ended up getting burnt and having to repossess a property
that had 26 dogs

06:00 - There was poop everywhere and she had an indoor
pool that wasn’t taken care of so there was mold everywhere;
his emotions led to more bad decisions to try and make up the
money



06:20 - The lesson

06:30 - Respect your rules and principles; do your due
diligence and don’t get greedy or careless

07:00 - Nobody cares about your money more than you do

08:50 - He’s made some mistakes along the way and has
learned to be resilient and careful

10:30 - When you don’t win, you can still learn and get
equipped with wisdom

11:12 - Pause and determine how you respond; don’t just
respond

13:30 - Own and pay for your mistakes; learn from them
and make better decisions down the road

14:40 - Don’t be afraid to fail, be afraid to not be in
the game



15:10 - What he’s doing now during the coronavirus
outbreak

15:15 - He’s picking oranges, bought an industrial
machine, and has freshly squeezed juice daily

16:05 - He’s playing golf, meeting professionals on the
course, and choosing to thrive

16:40 - He’s doubling down on his rituals, healthy
habits, and stock play



17:30 - How to reach Rock: the #IAMMovement podcast, his
website, Instagram, Facebook, and YouTube



3 Key Points:
As emotion goes up, intelligence goes down. Respect your rules
and principles. Nobody cares about your money more than you
do.