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Written by on July 7, 2022
Josh Dorkin started BiggerPockets.com from scratch 10 years ago and now has over 435K members. We were thinking about picking it up and mailing it to you.\"\r\r At the time, Dorkin had just launched BiggerPockets, a then-nascent website about real estate investing. How do we make a change, change the way we operate the business so that we, so that Googles algorithm changes become less of a significant impact on who we are and what we do? I was in tears, I was just miserable. "I would get calls from my buddies who would literally call me. Family Over Everything: BP Founder Joshua Dorkin on - YouTube Star Wars: The High Republic: Light of the Jedi. 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. Originally from the Bay Area in California, she studied photojournalism at San . I wish it would touch more on farmland and syndications a little more but those could be considered more niches. . Dan Daugherty: Welcome to this episode of The Big exit. Josh Dorkin's Blog - Joshua Dorkin In my case, the two things most searched are my net worth and why I left BiggerPockets. You know, from a sheer depression, man in the year before my exit, in the year and a half before my exit I had Id never had this before, but I had three like full on panic attacks. And in that time, I realized that I wasnt as happy as I wanted to be running the business. Just at the time when things were starting to go from big to bigger, Joshua had to take time off to take care of his daughter's medical emergency. I mean, you know, super, super stressful periods. Came to be ready to quit and like told my wife, hey, Im ready to sell the business. Dan Daugherty: You know, this is, as you were talking, all of the significant life changing moments that occurred not just in your life, but just in our own individual lives, tends to be even if its really, really bad, or really, really good, it tends to be a catalyst for something even bigger, and not all the time, but even from listening to you, it sounds like different things that happened within your life, almost had a purpose or a reason that got you to where you are today. In 2006, Brandon Turner got married to Heather. When I started Bigger Pockets it was, I was teaching special ed. "Dorkin and Turner have really laid out a clear, straight-to-the-point guide to achieving success through real estate investing. But I got to this point where Id just run myself ragged, really, you know, stupidly worked way, way, way, way too hard. Welcome to the Big Exit, where we discuss startup acquisitions with the founders who lived it. Why I left BiggerPockets is a little more complicated. Twitter View on Twitter. I was making money. I had a budget and time crunch, and was not going to be able to get what I needed on budget or in time. And lifes too short, man. and they hold the #1 real estate podcast on iTunes. And Im excited to have you on board to really tell the story of how you went from zero to an exit without ever raising a single dime of outside capital. You Know What To Do | A Motivational Message To Entrepreneurs by Joshua Or just shut it down. I had time to wonder, time to wander, and time to contemplate my life and my happiness. And I didnt want, I just didnt want to do that. Knowing it wouldnt be wise to drive, I called 911 and a full squad of firemen and paramedics came to visit. But you know, we were living off the business and it was very scary to go and take on debt because Im very conservative financially, fiscally. You know, we cant ignore SEO, we cant ignore these things. Joshua Dorkin | BiggerPockets So, I looked at our total budget for the project, made some adjustments, grabbed some floor and wall tile for the newly conceptualized (on the fly in my head) shower and went on my way. And I immediately thought of you, because youve bootstrapped Bigger Pockets from I remember your Washington Park house where we met to really a multi-million dollar organization. The Local newsletter is your free, daily guide to life in Colorado. I remember the exact phone call that I made to the two of them to tell them what was going on. I mean, nights, weekends, you name it, seven days a week. How to Invest in Real Estate - Google Books And instead of working on the business, I was working in the business exclusively. Joshua Dorkin - BiggerPockets The list of accomplishments goes on and on, but with this growth came the need to hire, and that we did. How Life Forced BP Founder Joshua Dorkin to Reevaluate Choices It's time to stop just thinking, talking, or dreaming about the future real estate investing can give you. And lets dive in. You know, what are you doing and deal with that situation. And I had a lot of time and in that time realized that, you know, after 14 years of building this company, man I love, I love, love, love Bigger Pockets, but I was kind of burnt out. And after about two years, I quit my job teaching and I went full time. Instead, Joshua and I focus on the harsh realities of growing an digital empire.\r\r Enjoy!\r\r \u0026nbsp;\r\r You can find more information in the show notes at http://podcast.affordanything.com/episode99 I want to, I listened to experts on it. 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. Today, BiggerPockets is a thriving community of over 500,000 experienced and aspiring real estate investors with a wealth of content around buying, managing, and selling investment properties. 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. Your In-Depth Guide to the Best Golf Courses Around Denver, Six Bizarre Majors That Will Actually Get You A Job In Colorado, How Trumps Executive Orders Are Affecting Refugees In Lakewood, The Best Ski Run at (Almost) Every Mountain in Colorado, Advertising and Sponsorship Opportunities. Is that a good statement to say? 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. But I just got caught up in the details, I got caught up in every little detail. And, you know, so I take those moments when they come to me and I try and take bold steps when they come. As I sat there trying to relax, things didnt improve and I knew I needed to go in. In the early years, that was mostly strangers, as most of my friends thought I was nuts, but the coolest part is that today, many of those strangers are my closest friends.Finally, if youre dreaming about starting some crazy idea - whether it be a small business, a startup, a real estate investment, or anything else, I encourage you to take a chance.Life is too short to life without taking some risks.And no one wants to live a life full of regrets.Besides, youll never know if that hobby or idea can become a success if you never give it any real effort. The impact of the site, the podcasts, the dozens of books, the videos cant be measured in KPIs alone, but must be measured by lives changed for the better.As a result, BiggerPockets helped transform an industry. And not difficult. 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. 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. But, you know, Ive written a book before with Brandon on real estate. What do you do when somebody is ripping the copper piping out of your vacant unit? We needed to get this done and time was not on our side. The company, by the way, is the largest real estate investing media company and community out there. . As always, I charged on despite my body and subconscious screaming as loud as possible to stop. . I dont know, maybe, if I get some encouragement from my friends Ill do it. So I know how to do it, I just, I dont know, Im torn. I think its one of the top hundred podcasts in the world, give or take. Yeah. I thought I was having a heart attack. I had purchased a few rental properties and needed some help dealing with all the questions I had, but couldnt find a place where I could get answers without having to deal with solicitations and promotions of these self-proclaimed gurus who dominated the scene at the time. I didnt, you know, if there was emergencies, youd deal with it, but like, that was it, that was what that day was about. unit you let me know well do it whenever. I began to feel hopeful and knew at some point wed all be able to move on - no matter the outcome. How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Joshua Dorkin, Brandon Turner. It wasnt simple enough, and we, you know, we realized that I was doing everything, which I was, I was doing the job of, you know, 17 different people. 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. JOSH DORKIN: But it gave me the time to really think about life. Today I think its a sign of necessity and strength. And my idea, you know, was one where, you know, VCs and angels thought it didnt have a chance. For me, I realized that if Im going to run this company, Ive got these kids that I love and my wife and I had spent so long not taking vacations, not taking days off, I worked eight years without a single day off, which is incredibly stupid. But yeah, what else you got? In my case, the two things most searched are my net worth and why I left BiggerPockets. It became more than a website - it became a brand and an ideal. But did you, were you ever really depressed at all? 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. And, you know, I think theres a lot of people who are willing to. And you know, continue to love Bigger Pockets and love how its impacting peoples lives. Thank you for the stories and the insights and the tips. Joshua Dorkin (1843 - 1914) - Genealogy And most people, I didnt know really anyone who, I had very few friends, you, Scott Yates, and some other guys who, you know, were creating companies locally that I knew that I could talk to. This keynote speech goes deep into what really matters most. You know, how do I make it so I could either scale this, get to an exit or just, you know, sell it and quit and be done and find something else. Horrifyingly scary, where I was in my, in the office and I broke down and just I was in tears. How to Invest in Real Estate - BiggerPockets Bookstore Second phase was when I took it serious, quit my job and really spent all my time on it. Adventurer. We launched amazing products like the podcast, which today is still one of the top 10 business shows in the world. All you need to do is go to https://smile.amazon.com/ and youll have the option to select a non-profit of your choice to give to. Joshua, along with his wife and three daughters, make their home in Denver, Colorado, and spend any time they can traveling, exploring, and adventuring. Do what you need to do to take care of your health. 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. You know, dont keep doing things that keep you super stressed out. And so within the business itself, you know, hey, I mean, you used to work at Google, you know, as a media company, Google would change your, Google changes their algorithms all the time, as an example, right? 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. BiggerPockets has grown quite a lot since Ive left, and Ive enjoyed watching it take on a life of its own without me steering the ship. and what what happen if things went wrong. If you dont take the time to find moments for yourself - moments to be present with the world around you, you might be missing some of the best opportunities for personal happiness. I mean, the very first early years, you know, I had very little support outside of my wife, you know. I was kind of tired, I was kind of ready for the next thing. And then I go through and Im like, all right, where am I crappy in each one of these things? We are all faced with challenges as we go through our lives and they can either break us or just be another thing we deal with. I was happy to have three amazing children, food on the table, and a safe place to live. How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Fear of change or of taking risks by changing course has sunk far too many businesses. Joshua Dorkin didnt have to go to Trump University to learn a difficult lesson about real estate investing. 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. She went through something called conversion disorder, which basically the brain kind of shuts the body down. . And its made it so Im a hell of a lot happier. FHA Guidelines: How to Qualify for a 3.5% Down Loan . So, you know, the decision was, do I raise money? It was excruciatingly slow and frustrating, but we never let up. So I want the opposite. But, fast forward to where we are today and shes fully physically functional. But he came in and was instrumental to advancing the business. Dan Daugherty: That is, as you know, I have two little ones of my own and that is, that changes everything, and Im glad that you priorities that over anything else. And please share this article so more people can learn about this amazing program. Yeah. Brett Jurgens Talks About Building and Selling Notion to Comcast. Dan Daugherty: Ah, I love that. We build tools, our content, our social presence. Plus, he doesnt own any rental properties outright anymore, simply because BiggerPockets requires too much of his attention. Joshua Dorkin is the founder of BiggerPockets, as well as a serial entrepreneur, investor, podcaster, publisher, educator, and co-author of How to Invest in Real Estate. So the operating manual was how do I go from unhappy to happy. But time and life experience has taught me that doing so only makes my health, relationships, and happiness far worse. Josh Dorkin: Absolutely. Unlike most traditional real estate books, this one wont tell you there is one secret path to real estate success. Some people dont see that, its almost like when you get a new car, and then you start seeing other similar cars that are the same color that you never saw before. But, you know, if anybody who tries to grasp these things, theyre so big and scary, well then break it down into little steps. And hopefully, you know, hopefully, somebody listening takes something away from it, I, you know, entrepreneurship is challenging, its really, its really, really tough.
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