Lets do it. You know, with. "I would get calls from my buddies who would literally call me. Denver, CO 80202. Its not money, its not success, but its something that matters even more: fulfillment and family.Be sure to give Joshua a follow on Twitter at @jrdorkinCheck the full show notes here: https://www.biggerpockets.com/show421 Zf|Gy}dN1,2,qY\ s#sK~?>#W]CYq~Z6btV37 g)v3[# kG:_jJ/0Cr[-I\7{\t_LkL,K'4'Mm+"Pd60|q!?jO7S9h,P-WwS/. But then I, you know, just went balls to the wall, so to speak, and, you know, was doing 80 to 100 hours, trying to build this thing out. No, very few people do exactly what you just said and thats actually something that I do as well, I break it out. Stop making excuses and focus on those things as your priority because in an instant it can all be over. And anything thats stressing me out, you absolutely have to dissect it, and then figure out what the root cause is and that opens up everything else because then you figure out ways, again, Ill use the term operationalize it, is because then it allows you to leverage different tools, maybe you have to delegate more, maybe you dont have to respond within an hour of every single email that comes in, whatever it might be. I was in tears, I was just miserable. Josh Dorkin and Brandon Turner longtime hosts of the world's #1 real estate podcast, The BiggerPockets Podcast - give you an insider's look at . Came to be ready to quit and like told my wife, hey, Im ready to sell the business. Cool. Here youll have a chance to follow me via this blog and to explore the ideas, products, services, books and many other things that influence me. I coasted through the store with the ease of a professional, choosing items that would look great together and which would stand the test of time. Josh Dorkin: Man, so Ive started and stopped the book probably 50 times. serendipitous mindset, but you also need to understand who you are. So, I thought there had to be a better way. +(((Bp3G' $('4 )GNh!NA< Do I hire? . Instead, it dives into dozens of unique, life-changing quests and is packed with more than forty real-life stories of how real estate investors are finding success in todays economy. w !1AQaq"2B #3Rbr COVID you know, your kid gets sick. Josh Dorkin: No, thanks, man, I appreciate it. We were all about trying to help people build wealth, learn how to build wealth through real estate investing. Weve cut down on meat, and work hard to avoid the tempting desserts and snacks I used to be addicted to. It was a blast, but by year 12, 13, 14 my job changed. Dont get me wrong - I used to stress about EVERYTHING. In 2006, Brandon Turner got married to Heather. k cG-t} I get to advise Scott and the current leadership team alongside some incredible partners. What you may not know is Joshua's journey in founding, building, scaling, and finally leaving BiggerPockets. With over 100 million prime members, theres about a 1 in 3 chance you are one and if you are, theres a close to 50% change youre shopping there once a week. You know, thats, surprisingly a significant boost to your health. I kept this pace up for over 8 years . Why do you write like youre running out of time?Write day and night like youre running out of time?Evry day you fight, like youre running out of time. %&'()*456789:CDEFGHIJSTUVWXYZcdefghijstuvwxyz And so, you know, its a serious decision to raise money or not to raise money. Whether its in business, you know, I want to be a better CEO, I want to learn how to become a CEO, so I went and read lots of books on it. Dan Daugherty: You know, Ive got a lot of feedback from the listeners that said, Hey, big exits are great, but I noticed that a lot of the founders that you have interviewed have raised significant amount of money. unit you let me know well do it whenever. But I, you know, theres so many books out there. JoshuaDorkin.com linktr.ee/jrdorkin Posts Reels Videos Tagged Show More Posts from jrdorkin As you know, Im like a scrawny dude. 1675 Larimer St. You need to change your diet, you need to do some exercise. The Local newsletter is your free, daily guide to life in Colorado. And its interesting, you know, as you and a stressor might be, I come in every day, and I look at emails for three or four hours, and Im stuck in email. And so thinking about the things you go through, look, we all go through good stuff and we all go through bad stuff. Originally from the Bay Area in California, she studied photojournalism at San . Josh Dorkin Bootstrapped BiggerPockets to a Big Exit October 13, 2020 00:00:00 Dan Daugherty interviews Josh Dorkin who founded BiggerPockets in his living room with $12 bucks. But, yeah, no, its been a very, very long journey. &i(y`ryG|29#4#Gj9F){(B;y@OJO,4f7Q$t8*>]SvC,:: Fr9BoQhF8E \lNr)#@ 4S9> HZ)9zve'qQE!Q@Q@Q@Q@Q@Q@JLQ_\h? 5o5IJStAmaMb ; +xWjoI:_g#r3/\)T Moi_9}/?i)me 6Oki!h(pf_ x_V{(n5[Y%{c-Iy,Y^a3{W ?5?m,|W"S*B'D]>V^1_7=|V~ Then I got a little nauseous and dizzy with a very minor headache. Star Wars: The High Republic: Light of the Jedi. Find which one works best for you, your resources, and your goals. C X" The Digital and eTextbook ISBNs for How to Invest in Real Estate are 9781947200050, 1947200054 and the print ISBNs are 9780997584707, 099758470X. Colorado, working ridiculous hours in my basement, I ended up meeting you, of course, and just kept going and going for six more years, until I was ready to throw in the towel. Josh Dorkin: Absolutely. And, you know, my goal was to figure out how do I get myself, how do I change things? Find which one works best for you, your resources, and your goals. There were books, but like, you know, the books were pretty general, they didnt really say, what do you do when your tenant is stealing electricity from the building next door? Verified account Protected Tweets @; Suggested users Josh Dorkin started BiggerPockets.com from scratch 10 years ago and now has over 435K members. Josh Dorkin: Yeah, yeah, I think for me, the book, The One Thing by Gary Keller and Jay Papasan, was one of the most impactful in just, you know, helping me kind of break things down. I know far too many people who live the non-stop life and many, if not most, are unhappy. Wednesday was about thinking, networking and not doing. Beyond that, weve helped transform neighborhoods, built communities and so much more.It has been almost 4 years since exiting the day to day and stepping away. I mean, we were able to do that in Colorado, but you know, youre on a trail youre, you know, running across people without masks, you know, its just the, you know, the whole debate, were not going to get into it, but either way, it you know, it presented an opportunity for us to find some kind of, to find some peace and to find a place where everybody just could feel good. He was wrong. JFIF ,, C It was brutal. Most people do what they can to help others out, and I wanted to share a little tip along those lines that I dont think a lot of people are familiar with. And so, back in 04 I was living in Los Angeles, I was teaching special ED high school. Its fantastic. If thats the case, figure out what you need to do to change and the big challenge I think most people have is thats so big and tenuous, like, what do I do? His wife and three daughters wouldn't take too kindly to sharing their space. Right? But instead of sitting in my office talking on the phone, every phone call that I had was a walking call. But that's OK. very much oversimplifying it. many things and create so many threats, and theres got to be a better way. What do you do when somebody is ripping the copper piping out of your vacant unit? be helpful, you know, seek out advisors in your field and you know, work towards it. Life is short, you know, you dont know what can happen tomorrow. And from a bootstrap perspective, you know, bootstrapping, you have a lot less support than you do when you raise money. https://www.biggerpockets.com/show421Many avid members of the BiggerPockets forum, listeners to the podcast, or readers of our articles may know our founder, Joshua Dorkin. All things Colorado delivered straight to your inbox. Ive always followed the same mantra - work hard, hustle, grind. I choose to deal with them as they come using logic and working through like I would any game or problem. I learned to stop being a cadet and start being a general.', 'life is too short to be stuck in a job you hate. So you know, whether its that or, hey, Im stressed about money, well, you know, you got to then go and break down your budget, and you got to figure out why youre stressed about money. I had never, I hadnt invested another penny in. A few months back I had the blurry thing, but without the other stuff, and of course, went to visit Dr. Google. I LOVED the first few years of hiring and scaling. You know, I was in an industry where there were entrenched interests that wanted me destroyed from the get go. And really, quite frankly, I did not do a good job of understanding when Im depressed, or who to call, if Im depressed. . They really wanted to take me, but without Julie around, I worried about the girls, and passed the initial neurological tests, so I decided to play it by ear. I mean, I literally started this company with the, you know, like 12 bucks a month that it cost me to host and the whatever four or five bucks it cost to register the domain name back then, and that was it. . We engaged an investment bank, initiated a process, and ultimately found ourselves at a successful deal with our aforementioned partners. Shipping rates vary depending on location. He tried to solve his problems by reading real estate how-to manuals, but they made no mention of the real-life issues landlords facelike what to do when someone cuts a three-foot hole in the kitchen floor. Josh tells his story of wanting to quit, having 3 nervous breakdowns, and eventually selling to a private equity company. I still get a lot of my great information from the community and the network. I spent countless hours caring for her full time - feeding, moving, and working with her to accomplish tiny wins like the movement of a single finger or opening an eye. and what what happen if things went wrong. Whether it is the struggle to communicate at checkout while you and the cashier are donning masks, or the untrusting looks from everyone around you, the entire experience is less pleasurable for all of us. Im on the board. Dorkin, 41, won't be hacking houses anytime soon. And not difficult. But I wanted to be healthier. Did you feel, I mean, Im sure you had lots of times where you just wanted to quit or push through. They cleared me, but my very high blood pressure of 160/100 and other symptoms had them concerned, so they stayed to make sure it went down, and before leaving, strongly recommended I go to the hospital if after a little bit things didnt get better. Thanks, Josh. But yeah, what else you got? So what I started doing, I was spending hours and hours on the phone every day, constantly and thats part of my job, right? Why I left BiggerPockets is a little more complicated. That was all I was allowed to do on Wednesday. After coming up short, Joshua decided to take matters into his own hands and start his own website. And lets dive in. Choose a career that makes you excited to wake up in the morning, energized through the day, and content when you fall asleep at night.', and 'remember: provide value.' Like any 18 year old, it has continued to mature and to life a life of its own.While my personal contributions to the business are today marked by occasional phone calls and quarterly board meetings, I hope my personal stamp will continue to last for the next 18 years and beyond.Thank you to everyone who believed in me. What's my secret? Genealogy profile for Joshua Dorkin Joshua Dorkin (1843 - 1914) - Genealogy Genealogy for Joshua Dorkin (1843 - 1914) family tree on Geni, with over 230 million profiles of ancestors and living relatives. Almost a lifetime ago - 18 years today - I officially marked the founding of BiggerPocketsStarting a hobby website while working as a full time teacher was one thing.Two years later taking the risk to quit my job to become a full time startup founder was the craziest and smartest thing I ever did. Many avid members of the BiggerPockets forum, listeners to the podcast, or readers of our articles may know our founder, Joshua Dorkin. I could still make things out, but barely. This ultimately led to me having several panic attacks which really should have been a sign to step back. And, you know, between Brandon and Scott Trench, who was my second in command at the business at the time, and my management team, you know, I tasked those guys and gals to run the business and I had to focus on my family. I mean, nights, weekends, you name it, seven days a week. I was making money. Knowing it wouldnt be wise to drive, I called 911 and a full squad of firemen and paramedics came to visit. And for me, the outlook is Im not going to let these things dominate me, theyre not going to define me, Im going to allow them to, like you say, to become some kind of catalyst. You know, you can work remote, you can do everything remote these days. He started BiggerPockets to help democratize the real estate investing landscape for himself and others, aiming to make it accessible for everyone, regardless of income or education. Dan Daugherty: Thats right. Do what you need to do to find your happiness. Adventurer. Thirteen years ago, Joshua Dorkin's friends teased him about starting a website that seemed to have no future.\r\r \"I would get calls from my buddies who would literally call me on my cell phone [and say] 'Hey Josh, we just walked past a penny on the ground. Why I left BiggerPockets is a little more complicated. Joshua, along with his wife and three daughters, make their home in Denver, Colorado, and spend any time they can traveling, exploring, and adventuring. I make a list of everything thats stressing me out, all the stressors, from big to small, and then I start to knock them off. They checked my blood, my heart, my eyes, and did a CT with contrast of my head and neck to check my brain and blood vessels. My strategy was to first pick out the easy items like toilet, vanity, towel bars and hooks, followed by choosing flooring, and finally finding a pre-fab shower that we could just drop in. Thanks. If Squarespace had an autosave function and you didnt lose almost an hour of work on a great blog post when your iPad shuts down. Where are you spending all of your money? This happens so often where and you mentioned it, its at the SEO algorithm, is it, its almost like youre manic because one day you just closed a really large client, youre all celebrating, and then the next day, all of your servers crash. Lifes too short, man. And that goes into to do lists. Dorkin, 41, wont be hacking houses anytime soon. For two years I taught and in my free time I coded and built this budding hobby into something that trickled in tiny advertising checks. But he came in and was instrumental to advancing the business. Mind you, in order to survive in business, the pivot is one of your most powerful tools. The company is one that I founded almost 18 years ago and left back in November 2018 after undertaking a recapitalization via McCarthy Capital, a private equity shop out of Omaha.