Greater Younger Podcast Episode 19 Summary: "Living A Life With Intention Equals Freedom Ft. Brody Fausett"
Host: Seth Williams
Guest: Brody Fausett
Release Date: January 24, 2022
Duration: Approximately 55 minutes
Introduction and Guest Background
In Episode 19 of the Greater Younger Podcast, host Seth Williams welcomes Brody Fausett, who he describes as one of his top influences. Seth lauds Brody as an inspiring role model passionate about creating freedom for himself and others through intentional living and entrepreneurship.
Seth Williams [00:43]: "We got Brody Fausett, who's confidently been probably one of the top three, maybe top two biggest influences in my life impacted me the most."
Brody's Early Influences and Childhood
Brody delves into his upbringing as the oldest of six children, emphasizing the responsibilities and leadership roles he naturally assumed. He shares experiences from his childhood, including moving frequently and the impact of his parents—particularly his entrepreneurial mother and hardworking father.
Brody Fausett [14:29]: "I'm the oldest of six kids... My mom was always a hustler as well. She's always kind of like an entrepreneur."
He recounts moving from Utah to Las Vegas during fifth grade, which he describes as a "wake-up call" due to the drastic change in environment and culture. This period instilled in him resilience and adaptability.
Transition into Entrepreneurship and Real Estate
Brody discusses his early forays into sales and entrepreneurship, including door-to-door sales and involvement in Boy Scouts, where he learned valuable lessons about perseverance and leadership. These experiences laid the foundation for his later success in real estate investing.
Brody Fausett [00:00]: "You do not need money to make money. Once you learn it and you figure out those strategies... you can go out of nothing, just out of knowledge, and create passive income."
Mindset and Overcoming Limiting Beliefs
A significant portion of the discussion centers on the 80/20 principle—20% skill and 80% psychology—as articulated by Tony Robbins. Brody emphasizes that mindset is crucial for success in real estate and entrepreneurship.
Brody Fausett [33:51]: "The skill set of investing in real estate is important, but the 80% psychology—mindset—is equally vital. Money's not in the equation. If you have the mindset, you can do it."
He addresses common limiting beliefs, such as the misconception that substantial capital is required to enter real estate, debunking the myth that “you need money to make money.”
Importance of Surrounding Oneself with the Right People
Brody highlights the influence of relationships on personal growth and success. Citing Jim Rohn’s quote, "You're the average of the five people you spend the most time with," he underscores the necessity of surrounding oneself with like-minded, driven individuals.
Brody Fausett [37:09]: "If you can't find those people physically, go add podcasts, go add books. Spend time around people who inspire you, even if it's virtually."
Living with Intention and Current Lifestyle
Brody shares insights into his current life, describing how intentional living has afforded him and his family freedom and fulfillment. At 29, he balances family life with his business ventures, ensuring that his actions align with his long-term visions.
Brody Fausett [09:41]: "I wake up every morning and pretty much do what I want to do, when I want to do it, with who I want to do it. I love it. I'm super blessed to be able to do that."
He discusses the concept of "seasons" in life—recognizing when to build and when to enjoy the fruits of one’s labor.
Brody Fausett [46:30]: "Dream it, build it, live it. Know what you want and write it down. The build-it phase is crucial because it's the reason you can enjoy what you have later."
Advice for Aspiring Entrepreneurs and Real Estate Investors
Brody offers actionable advice for those looking to enter real estate or entrepreneurship. He stresses the importance of clarity in goals, continuous learning, and the willingness to take action despite discomfort.
Brody Fausett [36:17]: "Get crystal clear on what you want. Then take steps toward it. Surround yourself with resources and people that align with your goals."
He advises against procrastinating and encourages listeners to focus on the present season, emphasizing that consistent effort now leads to greater freedom and success in the future.
Brody Fausett [49:37]: "99% of people have intentions of investing in real estate, but intentions mean nothing without action. You need to put in the work now to reap the benefits later."
Conclusion and Where to Follow Brody
In closing, Seth and Brody reinforce the episode’s key themes: intentional living, the power of mindset, and the importance of taking deliberate actions towards one's goals. Brody shares his platforms for continued learning and engagement.
Brody Fausett [52:10]: "You can find me on Instagram at brodyfawcett or visit realestateinvestingschool.com for more resources."
Seth encourages listeners to connect with Brody and his real estate investing school, highlighting the value Brody provides through his teachings and personal experiences.
Seth Williams [53:31]: "Check out Brody’s page—he provides a ton of value. I’m in his 12-month real estate investing program and it's been fantastic."
Notable Quotes
- Brody Fausett [00:00]: "You do not need money to make money."
- Brody Fausett [14:29]: "My mom was always a hustler as well. She's always kind of like an entrepreneur."
- Brody Fausett [33:51]: "The skill set of investing in real estate is important, but the 80% psychology—mindset—is equally vital."
- Brody Fausett [37:09]: "Spend time around people who inspire you, even if it's virtually."
- Brody Fausett [49:37]: "99% of people have intentions of investing in real estate, but intentions mean nothing without action."
Key Takeaways:
- Mindset Over Money: Success in real estate and entrepreneurship hinges more on psychological resilience and determination than on initial capital.
- Intentional Living: Defining and aligning daily actions with long-term goals leads to greater freedom and fulfillment.
- Influence of Upbringing: Early responsibilities and observing hardworking role models can shape one's approach to business and life.
- Active Networking: Surrounding oneself with motivated and like-minded individuals is crucial for personal and professional growth.
- Action-Oriented Approach: Moving beyond intentions to take consistent, deliberate actions is essential for achieving financial freedom through real estate.
For those interested in learning more about real estate investing or seeking inspiration to live a life with intention, Brody Fausett's insights and strategies offer valuable guidance.