Summary

Liz Faircloth shares her journey from growing up in a middle-class family to becoming a successful real estate investor and co-founder of an investor community for women. She discusses the importance of selling and the lessons she learned from the book "Rich Dad Poor Dad."

Liz emphasizes the misconception of measuring success by the number of doors owned and highlights the need for focus and specialization in real estate investing. She also talks about the transition to motherhood and the mission of empowering women to achieve financial freedom.

In this conversation, Liz discusses the challenges faced by women in real estate investing, including caution and risk-taking, as well as the systemic limitations and discrimination that have historically affected women's access to financial opportunities. She emphasizes the importance of community and mentorship in overcoming these challenges and highlights the impact of InvestHER in providing resources and support for women in real estate. Liz also shares her personal goals for family, her favorite book 'Awaken the Giant Within,' and her dream of buying a business. She hopes to be remembered for her kindness and the positive impact she has made in the lives of others.

Takeaways

• Success in real estate investing is not determined by the number of doors owned.

• The ability to sell is crucial for success as an entrepreneur or business owner.

• The four quadrants of business ownership (employee, self-employed, business owner, investor) can guide decision-making and growth.

• Building a team and delegating tasks is essential for scaling a real estate business.

• Women have the potential to control trillions of dollars in assets and should be empowered to become financially free.

Chapters

00:00 – Introduction and Background

01:36 – Early Exposure to Real Estate

05:25 – Lessons from Rich Dad Poor Dad

08:13 – The Importance of Selling

09:18 – The Four Quadrants of Business Ownership

10:19 – Transitioning from Employee to Business Owner

11:03 – Building a Team and Delegating

13:33 – The Misconception of Number of Doors

21:58 – Transition to Building an Investor Community

28:23 – Transitioning to Motherhood and Focusing on the Investor Community

32:13 – Empowering Women to Become Financially Free

33:37 – Challenges Faced by Women in Real Estate Investing

36:19 – Systemic Limitations and Discrimination

38:16 – The Impact of Community

39:11 – Access and Speed in Real Estate Investing

42:24 – The Mentorship Program

47:36 – The Importance of Purpose and Impact

53:26 – Setting Goals for Family

56:01 – The Book 'Awaken the Giant Within'

57:26 – Goal of Buying a Business

58:34 – Being Remembered for Kindness and Impact

01:00:14 – InvestHER Conference and Community

Links
InvestHer: https://www.therealestateinvesther.com/
Conference: https://investhercon.therealestateinvesther.com/
Mentorship: https://mentorship.therealestateinvesther.com/

Socials
LinkedIn: https://www.linkedin.com/in/liz-faircloth-36783/
Instagram: https://www.instagram.com/therealestateinvesther/?hl=en