Episode 62 - Building Castles from the Deep: Real Estate to Real Connection - Brett Snodgrass
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Brett Snodgrass, a full-time real estate investor and founder of Iron Deep ministry, shares his journey and insights on real estate investing, entrepreneurship, and the challenges faced by business owners. He discusses various real estate strategies such as wholesaling, whole-tailing, and creative financing. Brett also highlights the tax benefits of investing in rental properties. He emphasizes the pressures and stresses of entrepreneurship, including the loneliness and sacrifices involved.
Finally, he explains how his own struggles and experiences led to the creation of Iron Deep, a ministry for Christian men in business. In this part of the conversation, Brett Snodgrass discusses the importance of building deep relationships and finding a supportive community in entrepreneurship. They also explore the pressure and responsibility of being an entrepreneur and the impact it has on relationships, particularly with spouses.
The conversation delves into the challenges of balancing risk and security, as well as the identity crisis that men often face. They also discuss the importance of finding common ground and celebrating each other's strengths in relationships. Finally, they touch on the significance of changing perspectives and finding meaning and purpose in life. In this conversation, Brett Snodgrass discusses his transition from being an entrepreneur to leading men in ministry through Iron Deep. He emphasizes the importance of delegating and finding balance in life. Brett shares his heart for creating a deeper brotherhood among men and the impact of the Iron Deep retreats. He also addresses the struggle of finding like-minded men in church and the need for intentional community. Brett encourages men to reflect on their desires and goals and to be honest with themselves. He concludes by offering advice for men who are struggling in various areas of life.
Takeaways
- Real estate investing offers various strategies such as wholesaling, whole-tailing, and rental properties.
- Investing in rental properties can provide tax benefits through cost segregation and forced depreciation.
- Entrepreneurship comes with pressures, stresses, and sacrifices, including the need to constantly lead and fulfill promises to employees, lenders, and family.
- The journey of entrepreneurship can be lonely, and many successful business owners privately struggle with personal and family issues.
- Brett Snodgrass founded Iron Deep ministry to support Christian men in business and help them navigate their internal battles. Building deep relationships and finding a supportive community is crucial in entrepreneurship.
- Entrepreneurs often face pressure and responsibility for the livelihood of their families and employees.
- Balancing risk and security is a challenge in relationships, particularly when one partner is more risk-averse.
- Finding common ground and celebrating each other's strengths is essential for a healthy relationship.
- Changing perspectives and finding meaning and purpose can help navigate identity shifts in entrepreneurship.
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