Oct. 18, 2022

Using REI as a Springboard with Doug Meyers

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Property Profits Real Estate Podcast

If you’re into real estate but you’ve found yourself wanting to do business as well, this episode is perfect for you!

It can be shaky at first, considering the shift, but leveraging your real estate portfolio can help you dive into other careers and pursue your dreams.

But the question is how can you use real estate to create the life you want to live?

Join us as Doug Meyers answers that as he shares his own story in today’s podcast.

Doug Meyers is a former mining engineer who used real estate investing to provide the income to leave his previous full-time employment. This gave him the opportunity to pursue other passions and business interests with his full attention. He has a portfolio of condos, duplexes, and triplexes across Western Canada, and is a partner in an active flipping business in Saskatchewan.

An award-winning investor and Keyspire Success Story, Doug is the host of RevNYou’s very own RevNYou with Real Estate Podcast where he interviews real estate investors in all walks of life. He is also the host of The Grow Give Expand Podcast, where he speaks with entrepreneurs and business owners, uncovering the personal practices and systems that help them live successful, meaningful lives.

In this episode, Doug talks about his journey from doing real estate to learning sales and then starting a business. Here, he explains how he uses real estate as a springboard to live the life he wants to achieve as he stresses the importance of learning sales in business.

Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/

What you'll learn in just 17 minutes from today's episode:

  • Why it’s important that you learn sales in business and not skip the entire learning process;
  • Find out where you should go looking for people to help you as you get into a shift; and
  • How can you use real estate as a springboard to live the life you want, exploring and acing other careers?

Resources/Links:

Topics Covered:

00:49 – A brief overview of Doug’s real estate journey to date

02:15 – He liked real estate, but he also wanted to become a business owner

02:59 – What made him realize that sales is his weakness

04:44 – Creating a 10-year plan for himself

08:00 – Powerful takeaway – work your powerbase

10:01 – What Doug’s 10-year plan look like, and why you shouldn’t skip the entire learning curve

13:38 – Using real estate to create the life you want to live

15:45 – Connect with Doug Meyers

Key Takeaways:

“I realized that to get to my next level – and not only in real estate, but in life and in business – I actually needed to get around a team of A-players again and I also needed to learn some new skills.” – Doug Meyers

“I don’t necessarily want to continue to grow a portfolio by having lots of joint venture partners. I think that’s a great strategy, but I don’t think it’s the only way to do it.” – Doug Meyers

“If you can’t sell, you can’t be in business.” – Doug Meyers

“When we talk about partnering out with people and getting money, the first thing you do is look at the people who are most connected to you.” – Doug Meyers

Connect with Doug Meyers:

Connect with Dave Dubeau: