As Founder and CEO of BiggerPockets, I created the vision and strategy for the business and bootstrapped the company until . I realized that over the past fourteen years as CEO and sole founder of BiggerPockets, I sought out success, fame, fortune and accolades, as most people do, but despite achieving all of those things, I just wasnt fully happy. 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. Dan Daugherty interviews Josh Dorkin who founded BiggerPockets in his living room with $12 bucks. And, you know, Ive, you know, when I get back into it, you know, occasionally I give it a kick start. Life is short, you know, you dont know what can happen tomorrow. This ultimately led to me having several panic attacks which really should have been a sign to step back. You know, I want to learn how to be happy. . I kind of just glazed over it and just put my head down into work, so I didnt feel depressed anymore. But time and life experience has taught me that doing so only makes my health, relationships, and happiness far worse. The real estate industry is huge, and often complicated, but this book clears away the fog and uncertainty in a fun, easy-to-read manner. Nearly 30 people work out of the companys RiNo office. x337R0 B],s@(PH(Y The Local newsletter is your free, daily guide to life in Colorado. Thank you for the stories and the insights and the tips. But just know that theres guys out there like me and Dan and, you know, countless other people whove tried it, whove been through it. I believe the program is available for all Amazon users, so even if you arent Prime, you can partake. very much oversimplifying it. 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. Today, BiggerPockets has grown to more than 870,000 members. In 2006, Brandon Turner got married to Heather. The two of them promised me that they would take care of the company in my absense and they certainly did that and I am of course, eternally grateful. COVID you know, your kid gets sick. Josh Dorkin: Absolutely. Today, BiggerPockets boasts more than 725,000 members, produces the top-rated real estate podcast on iTunes, and last year raked in $7 million in revenue through advertising, premium memberships, and partnerships with companies like credit-rating agency TransUnion. Oct 2004 - Nov 201814 years 2 months. Save up to 80% versus print by going digital with VitalSource. So we made the decision that we would start and hire one person who could lighten the load for me. I was, I went to college, you know, all these things, and bought property thousands of miles away, which would normally be a challenge, but I didnt really do my homework. This led to massive burnout and I came very close to quitting and shutting everything down. And but yeah, thats what Ive been up to. 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. It was a hard decision for Joshua to leave, but thanks to his amazing team, he was able to (even during a time of tribulation in his personal life . Is it impressing other people? Find which one works best for you, your resources, and your goals. What lessons did he learn along the way? And you know, continue to love Bigger Pockets and love how its impacting peoples lives. Plus, he doesn't own any rental properties outright anymore, simply because BiggerPockets requires too much of his attention. And in that stage, I moved to. It was time for me to step down, bring in partners, and move on from the day to day running BiggerPockets. 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. But I wanted to be healthier. And what happens inevitably, and I think you and Ive seen this countless times, you know, you raise the money, and now you have bosses and those bosses are telling you how to run the business and now you dont get to run the business the way that you actually thought you were going to run the business, because you have bosses and youre not working for yourself anymore. Weve cut down on meat, and work hard to avoid the tempting desserts and snacks I used to be addicted to. October 22, 2022 Almost a lifetime ago - 18 years today - I officially marked the founding of BiggerPockets Starting a hobby website while working as a full time teacher was one thing. Bye. And particularly, I think the most stressful part was, I was by myself, to your point. And so what I tell my friends and just people that you know if I ever am speaking is, you know, you got to take care of your first, yourself first. So Ive got a book journal where Ive literally broken my life down into segments, physical fitness, health, I separate them, physical fitness and health, business and work, wife and love, my kids and you know, some people may put faith in there, whatever it is. 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. Joshua Dorkin, Brandon Turner. 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. Brandon Turner & Joshua Dorkin. And Im, you know, Im trying to figure out whats next, you know, looking at ideas. . Dorkin, 41, wont be hacking houses anytime soon. 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. Where previously competitors were weary of one another, we helped people learn that coopetition was a better model - one where people could compete AND cooperate for mutual benefit. Thinker. He was wrong. I didnt have a co-founder, I didnt have any partners. 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. Absolutely. And so I think that mindset is exceptionally important. Star Wars: The High Republic: Light of the Jedi. And so what happened was little by little, I found myself running into some problems and I didnt quite know how to deal with those problems. But he came in and was instrumental to advancing the business. many things and create so many threats, and theres got to be a better way. Have you had additional clarity from just taking a step back? We grew the platform and its offerings. I was kind of tired, I was kind of ready for the next thing. And, you know, so I take those moments when they come to me and I try and take bold steps when they come. I always wanted to kind of be here, be oh, I used to call bi-coastal, would be like New York and Cali. But did you, were you ever really depressed at all? I dont wish it on anyone to go through what we all went through, but it gave me the time to really think about life. We build tools, our content, our social presence. Joshua Dorkin didnt have to go to Trump University to learn a difficult lesson about real estate investing. I didnt, you know, if there was emergencies, youd deal with it, but like, that was it, that was what that day was about. We're confident in the quality of our books. But instead of sitting in my office talking on the phone, every phone call that I had was a walking call. Of course, this was an extremely difficult transition for me, but I believe that several years later, I have become a highly valued board member that contributes immensely to the business and Im hopeful that I can find other opportunities to do the same for other companies. Dan Daugherty: Yeah, theres no shortage of chaos in the startup world and those that cannot adapt to change will inevitably fail and close shop. Welcome to the Big Exit, where we discuss startup acquisitions with the founders who lived it. Join us today to talk about real estate investing and specifically how to get started. And the platform itself, your business, whatever it is, is not going to be able to blossom. Instead of getting my hands dirty building product or testing some new landing page or campaign, I was overssing someone else that was. For locals, by locals. Josh Dorkin: No, thanks, man, I appreciate it. Days and weeks of not knowing what was to come with my daughter eventually led to glimmers of hope that wed see a recovery. This caused a shift in Joshuas reality, so he dropped everything. I taught myself how to code a number of years before back in college, and just started to run with it. And, you know, were in a position where we have an opportunity to do something like this, like, do it. She drove me and dropped me at the door of the ER and I spent the next 4+ hours getting tested. That was all I was allowed to do on Wednesday. Thats why two of the biggest names in the real estate world teamed up to write the most comprehensive manual ever written on getting started in the lucrative business of real estate investing. Because, man 2020, nobody feels good anymore, man, we dont feel good anymore. 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. 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. Sitting alone in my hospital bed, all I could think about was my girls, Julie, and the rest of my family . And if you want to grow and thrive, you have to become seriously adept at it. Just work, keep working, be dynamic, pivot and you know, a lot of luck out there. BiggerPockets founder Joshua Dorkin and Brandon Turner from the BiggerPockets Real Estate Investing podcast. And my quick advice on that is this, this has absolutely worked for me over and again, it may not work for you, but its definitely worked for me. Well, what do you need to do to change it? I dont know. Dont get me wrong - I used to stress about EVERYTHING. Thanks. While they sat in shocked silence, I wept for what seems like an hour as I tried to explain what we were dealing with - barely getting the words out mostly just crying out loud uncontrollably. And I realized that I was unhappy. But yeah, I mean, there were down periods, dark periods. 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. You know, what are you doing and deal with that situation. Originally from the Bay Area in California, she studied photojournalism at San . Ive always followed the same mantra - work hard, hustle, grind. They have got a new book coming out this Thursday called How To Invest In Real Estate. Just Released: Two NEW BiggerPockets Books to Help You Build Wealth Through Rental Investing . I need to move more, cool. What do I do? And then I start knocking them out, hey, I got to get, you know, Ive been eating like crap, Im, you know, 20 pounds overweight, cool. 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 realized that like, thats not healthy, you know, its healthy to be balanced, its healthy to spend time with downtime and so, you know, tried to create operating manuals around that, you know, eventually that became like, my Wednesdays, you know, in the year, call it year and a half leading to the exit, my Wednesdays, I didnt go into work. I dont know, you know, I certainly have my own unique and distinct perspective, like anyone else. Do what you need to do to take care of your health. and what what happen if things went wrong. If you're not satisfied with your purchase, you can return your book for a full refund within 30 days. The couple also has a son named Wilder. But, you know, I didnt do a lot of that, you know, I didnt want to share my feelings necessarily in those early years, because I thought it was a sign of weakness. 1675 Larimer St. Brett Jurgens Talks About Building and Selling Notion to Comcast. We just wanted to find a place where we can go, where we could just normalize our lives, where my kids could, you know, get up and not be all stressed out where, you know, we knew that the government was doing a lot to mitigate the situation. After two years, I quit my teaching job, got married, moved to Colorado and began working full time on BiggerPockets. Of course, it took many more months of work and ultimately several years for her to get back to 100%, but with time, energy, an amazing team, and unlimited love, she has since fully recovered from the incident.

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