Building a Fulfilling Lifestyle: How to Make Your Business Serve You w/ David Lecko

David Lecko is a dedicated entrepreneur and founder of DealMachine who exemplifies the value of persistence and long-term commitment. This mindset was instilled in him when he first had an interest in real estate while working tirelessly for a small company, noticing that he worked harder than the owner himself. Curiosity led him to inquire about the owner's rental properties, and he was enlightened on the advantages they offered in comparison to the stock market. The stability, monthly cash flow, and early retirement opportunities presented by real estate investments resonated with David, inspiring him to venture into the world of real estate investing. With his solid work ethic and unwavering persistence, David Lecko has become a respected figure in the entrepreneurial community.Connect with David Lecko: https://www.instagram.com/dlecko/Topics & BulletsIntroductionPodcast name and episode titleHost and guest namesGuest's Approach to Wealth and BusinessHaving multiple streams of income does not guarantee wealthFocusing on too many opportunities may lead to none of them workingGuest's goal of having his business serve him and live a fulfilling lifestyleCurrent work schedule of 6 hours a day with a staff of 30Hesitation to Start Another BusinessTime constraints and potential impact on current businessConcern for discouraging business partnerValue of partnership and equal ownershipLegal Considerations and Business DisputesOperating agreement and push-pull agreementInitial disagreement on hiring employeesImportance of communication and improved productivityMotivation and Market TrendsResponding to pain as motivationWholesaling specialization and market trendsMention of tech job market trendsPersonal Milestone and Starting in Real Estate InvestingGuest's purchase of Ferrari after reaching $1,000,000 milestoneAdvice on building up side hustle before quitting jobStarting in real estate with tax-delinquent propertiesMindset and Additional ResourcesImportance of mindset in starting a businessGuest's podcast invitationRecommended episode on quitting a job and starting wholesalingIntroduction to DealMachineDiscussion of DealMachine appFocus on simplicity and helping new real estate investorsIntegration of Chat GPT and real estate dataMarket Trends and Overcoming ChallengesTrends in interest rates and buyer demandGuest's successful deals meeting the 1% ruleEncouragement to participate in the 30-day challengeWholesaling as a low-capital entry into real estate investingFeatures and Strategies of DealMachineVirtual driving for dollars featureAvoiding analysis paralysis and quitting too soonBuilding a cash-generating wholesaling machineFinding buyers for properties under contractBuilding Credibility and Business GrowthImportance of transparency and honesty with sellersFinding buyers through various channelsSending contracts to title companiesBalancing finding opportunities and finding buyersPersonal Growth and Self-CareIncorporating humor in business conversationsGuest's favorite tool: weightlifting for anxiety and self-careOvercoming anxiety and...