Thursday May 23, 2024
The Secrets of Private Money with Jay Conner: A Real Estate Investor's Journey
In this episode of The Return on Life Podcast, Randy Dyck welcomes Jay Conner, a seasoned real estate investor with over two decades of experience. Jay shares his incredible journey from the early days of seeking traditional bank financing to becoming a master of raising private money.
Jay shares his pivotal moment in 2009 that transformed his business approach and reveals the powerful question that can help you solve any problem in life. We explore the concept of "Return on Life" (ROL) and how focusing on life’s value can lead to greater personal and financial fulfillment.
This episode is packed with invaluable insights, especially for those in real estate or anyone looking to maximize their return on life.
Timeline Summary:
[0:00] - Introduction to Jay Conner and his background in real estate investing.
[2:50] - The shift from focusing on ROI (Return on Investment) to ROL (Return on Life).
[5:15] - Jay shares his pivotal moment during the 2009 financial crisis.
[10:45] - The powerful question that can solve any problem.
[15:10] - Introduction to private money and how it transformed Jay’s business.
[22:30] - The importance of teaching others about private money.
[28:50] - Handling market shifts and the formula for success in real estate.
[34:20] - The impact of mindset and resilience on overcoming challenges.
[41:00] - Jay’s thoughts on trust, hope, and the power of a supportive network.
Notable Quotes:
"This question will help you solve any problem you've got in your life. I don't care if it's personal, financial, health, relationship, or career. This question will help you quickly solve your problem."
"Who do I know that can help me with my problem?"
"It's all about mindset. People ask me all the time, 'How do I get started raising private money?' Here's the answer: own the real estate between your ears first."
"The formula is E plus R equals O. Event plus Response equals Outcome. Your response to the event determines your outcome."
"It's not about reaping; it's all about sowing. One of my favorite books is 'The Go-Giver.' It really makes an impact on your life when you lead with a servant's heart."
Connect with Jay
https://www.instagram.com/jay_conner_private_money/
https://www.linkedin.com/in/privatemoneyauthority
Connect with Randy: Website https://www.randydyck.com/
Instagram: https://www.instagram.com/randycdyck/
More ways to listen
Apple: https://podcasts.apple.com/us/podcast/return-on-life-podcast/id1693542807
Spotify: https://open.spotify.com/show/5UXsDNAUkD92BB7HFR6uNE
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