Larry English
Appearances
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
2009, I was drafted by the San Diego Chargers, 16th pick overall. I come into the first money I had ever seen. I looked at properties that I wanted to presumably invest in and rehab and what have you, but didn't invest, didn't buy anything. Fast forward two years, I saw what some of those deals and some of those properties had appreciated to. I was like, wow, that's what...
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Jay Rich tried to tell me and I just couldn't see it. But anyway, there's no investment that is more accretive and has more of an exponential return than an investment in yourself. So what are you doing in your off seasons? Take that opportunity to really invest in you from information perspective and the brand of you. You know what I mean?
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Because that is one thing that will never be taken away from you. I didn't quite understand that. I remember when I was a young player, they always talk about you have this opportunity to build a brand, right? And I didn't quite grasp at that time what that meant. But hindsight now being 2020, it is the one investment that's will, beyond a shadow of a doubt, it will create a positive return.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Now, it's just a matter of when. but it's something that no one can ever take away from you to the extent you don't tarnish your reputation, right? Those are the most accretive and the best investments that you can make. And the other thing that I would say is be cautious to the situations you get yourself into.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
So this is a moment for sure. Um, yeah, look, I'm, uh, grateful to be in this spot. Uh, two minute bio guys, uh, 2009, I was drafted by the San Diego chargers, 16 pick overall life changing moment, especially, uh, coming from rather, you know, modest, modest, uh, background, um, you know, middle-class Midwest blue collar, uh, family, middle-class family. And, uh, I just had big aspirations.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Watch where you sign your name on dotted lines and just understand that you need to control your own destiny. There were many times in many instances, like I had a couple very like, you know, fork in the road type moments in my investment career where I had incredible deal on paper, large deals and incredible team seemingly.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
But it matters like your equity stake and your control provisions within a deal, because sometimes you never know what, you know, improper decisions could from from folks outside yourself that might have more equity or more voting rights in a deal that steer you into. Right.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
So these are the things that you need to think about when you start to think about like actually investing in deals, whether it be whether it be private equity, real estate, venture deals, all of those things. Just know that when
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
To the extent you're not in full control of a deal, if you sign as a limited investor into something, just understand that whoever, you know, is controlling that you're giving them the keys to to your destiny. So make sure you make the right choice with that, you know.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
It's funny you say that. Like, you know... I, uh, I remember like my emotions in, in, in that year in my life. And it was like, I look back on it now and I was very much into like buying status and attempting to buy like taste. Do you know what I'm saying? And a perfect example of that is like, instead of buying one watch, I took on this like identity and,
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
that it seemed cool at the time, like, oh, I collect watches.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Right? People do say this, right? And I guess it's fine to agree, but to a certain extent, you know, like, when you just are touching the first money you've ever seen, it's kind of corny to get into that whole game. like let the money like season a little bit, get used to it, figure out what your real tastes are before you just say, Oh, I'm a wine collector.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
I'm a watch collector and all this stuff because it sounds tasteful. You know what I mean? And stylish. And then you look up, And you see, you just signed a 20, 30, 40, 50, even $100 million contract. But for me, for instance, I started to look around and this dude's worth nine figures next to me and multiple nine figures. This dude's a billionaire. Every time I see him, he got the same watch on.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
I've had the same watch for 14 years. And I'm a watch collector with this slew of watches thinking it's cool to wear different watches all the time, right? It's like something ain't adding up. And when I noticed that, I'm like, man, I'm selling all this stuff. I sold all the watches. I'm having one watch. You know what I'm saying? So I think it's so easy to fall victim.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Yeah, that is the Dunamis. I remember those. Jason and Jaime.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Yeah. Why? It's amazing. For what? Hey, I don't think everyone has that level of wisdom ingrained in themselves. I really do applaud young cats when I see that because there are some that have this level of kind of like calm amidst all of this noise, right? That don't kind of, they're in the environment, but not of it, right?
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
So I learned at a very young age, at 23 years old, that big things are possible. I played a seven-year career in the NFL. And I began developing property in my off seasons around 2013, 2014. I was always up in LA. I was training here in my off season. So I began buying property. I wanted to get more active in my investment. of the capital that I was earning on the field.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Yeah. And what you just said right there, the reason why I didn't say any of that, because before you go and make those moves, you need to invest into your mind and you need to understand what you're doing before you go and invest in property. Right. And a perfect example is like one of the things that one of the things that I noticed in like after the fact is as an athlete.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
you get used to the whole work for five years for big massive contract that's an immediate shot in the arm what is like tens of millions or hundreds of millions of dollars these days now and so you get used to that kind of like explosive you know uh injections of capital or economic gain in your professional life and
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
I think that dynamic can kind of prompt one to overlook the actual cash flow minded benefit of having an actual long term consistency and predictability in actual cash flow. Forget about cash and forget about having money in the bank.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
I want cash flow that is perpetual, that I know that I got it into a secure investment that's kind of safe to a degree, and then it pays me income every month and it doesn't stop. Whereas you get the big pop and the big contract, and then you spend into that, that can dwindle very quickly over time.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Even if it's not quickly, it can dwindle at some point in the future, whereas if you only focus on putting out the cash flow, cash flow comes in and that's the only thing I spend, then that can go out into perpetuity, right? Well, I think that going into the investment space, And you have to be, especially as an athlete, right?
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
You have to be very wary to shake off this mindset of I need to go do this deal that's going to make me 10 million in two years or 20 million in five years or whatever it is. No. Take the base hit that's going to produce cash. I'll deploy however much money it is. Right. Everybody's at different scales of this. Right. But how much is that going to pay me?
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Like once I put the money in, what do I get paid next month? Right. And then what does that look like on a five year time span? What do those cash flows look like? That is the type of investment you really want to do and that you really want to make. Whereas I remember when I went into it early, I was looking for like, how do I do a deal that makes me $10 million in a few years, right?
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Where that's kind of the wrong mindset when you are talking about long-term time horizons. which the way that science and health is trending now, you just want to make sure that we don't want to run out of money before you've run out of life, right? And so that's really the name of the game. So I agree with you.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
So I had a eight year, eight, nine year journey in the property development and investment industry. So I really transitioned from professional athlete to entrepreneur and just really became super, super passionate about The entrepreneur space and just the archetype really of a founder is something that I think is roughly just embedded in me at the core.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Um, I think that here's the way that I look at, um, giving right is there's you get just as, if not more, being the giver as you do the receiver right so that's that's number one when we think about the spirit of giving and you think about longevity and fulfillment and things such as like as you said mental health there is some
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
very like beautiful uh degree of fulfillment knowing that you were able to positive positively impact another whether that was financially with your time With your information and wisdom and being able to bestow that upon somebody else that is maybe a little bit further behind you in their journey. And so I just kind of look at it as we need to have.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
We would be well advised to have those that we, as an example, mentee.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
we have those that we're on a level playing field with that we exchange like incredible ideas and give to one another in that way and then we have those that we mentor right um that are maybe you know behind us on that spectrum or that curve of growth and personal development it's the same thing as it relates to resources right so i know that there were so many people in and in and throughout my journey
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
that were responsible for me progressing to becoming the man that I was able to become in my adulthood. And so that was always where my passion lied as it relates to to this spirit of giving, if you will. I actually had a mentorship philanthropy that I ran.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
for all of my career down in San Diego, mentoring other, you know, young student athletes in the lower socioeconomic communities of San Diego. And I really just received so much fulfillment in being able to see kids that went all the way through our program from like eighth grade to graduate in high school, to where they started to graduate in high school and like getting scholarships and
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Frankly, just doing a complete 180 as it relates to how they dealt with people, how they approach their work in school and how they dealt with themselves out in the world. And so to see some of the successes that we had a part in facilitating back at that time, I think it really.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
And now I'm at this place in my life where I'm really focused on, you know, serving other founders with value. The value that I have in the health optimization arena, in the peak performance arena, because that's really my bread and butter, to be quite honest. It's been something that I've been focused around optimizing for the last probably... 25, close to 30 years of my life.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
even more deeply embedded um the spirit of importance around around giving and so that will be a pillar that's uh very critical within our household and my my two-year-old beautiful baby india she'll definitely grow up with that culture for sure
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Okay.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Yeah. You know, it's actually... It's funny that you asked that question because I don't necessarily know the percentage that I'm leaving to my children. I just saw a number that I'm leaving to my children. That's 168 million.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
the higher power spoke to me and told me that that was what I was leaving to them and that was like I don't know it was a couple years ago a year or two ago that I that that kind of like revelation came to me and I even have that I snapped the picture in my because it was in my calculator I must have like did some math somehow and that's where the number like came from and so I snapped it and saved it
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
And there was a verse that I had read in the Bible and forgive me that I forget. I think it's in the book of Proverbs. I think it was something that Solomon said where he more or less said, a good man leaveth an inheritance to his children's children. And so I really like took that to heart. I feel as though that is an area of supreme importance for,
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
um to be productive in our lives and to provide options and resources that for those that come after us so when i looked at that 168 million dollar number uh more recently there was a part of me that said my my my aspiration
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
And my vision is that that is a lower percentage that I give to them than what I pass on to others amidst the world, wherever those folks or those causes or those charities may be.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
And I feel like this is something that is very critical for high-level founders and entrepreneurs. So it's a passion project that I get to spend my time working on every day.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Everybody was trying to tell me, but I'm not missing out on the opportunity this time. And so 2013 was when I began to invest in property and flip seven figure homes. I mean, I'm playing football and in my off season, I'm doing deals. There were a few years towards the end of my career where I was earning more in the real estate space than on the field.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Yes, sir.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Um, so I think there's, there's a, there's a couple of reasons. Um, I think that when you take a, uh, professional sport per se, you take a professional sport. Um, I think maybe like the entertainment industry, actors, things of this nature, you move those to one side of the line, if you will.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Yeah.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
99% of everyone else that makes it to millionaire status, multimillionaire status, even billionaire status, they do it in the realm, in the arena of business in some form or fashion. whether it's as an employee or whether it's as a founder and entrepreneur building something that they have explicit control over themselves. But long story short, it is a very iterative process.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
And especially when you look at a business, for instance, you won't be able to build and scale a successful business that doesn't implode without at some point throughout that journey,
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
figuring out at a very deep level how to manage capital um income expenses the finance realm is a critical part of any business um just as is marketing right and so to be a professional athlete it's not that case at all um so you couple that with someone that's very young And add on top of that, the timeframe for which they have to create those earnings is such a short window.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Yeah.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
300.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
As a business person, we can play this game into our 80s, 90s. I mean, look at Buffett, right? So I would probably make the argument that just as many entrepreneurs and business people have gone broke as well, right? For sure. But what's the one key difference, right? They can go right back up to the plate and simply do the same thing they did before.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
I think Gronk did that. Gronk did that. Hey, I was just kidding about that retirement. Let me come back for a couple more years, and I'm going to leave again on y'all.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Forget about cash and forget about having money in the bank. I want cash flows.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
taking over the uh the economic needs of others then it gets very uh dicey and hard to at some point just cut him off and kick him to the street especially like when it's someone that you uh care about and love you know what i mean um so so that's that's that's the thing to also remember is like when you take on these commitments
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
these commitments oftentimes tend to be a perpetuity commitment that you just made, right? Whereas you put a perpetuity commitment against a finite income source, a finite time horizon on
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
generating those millions right uh it gets it gets a little dicey so i think there's so many variables at play i think that you bringing up nil that's the beauty of nil right that's one of the reasons why i just think it's so incredible not only do the players deserve to participate in all the value they're creating but they also now have this opportunity of kind of taking those lumps on the chin before they actually get to the real generational money if you will um having said that
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
I think there would have been some really tough decisions had I had to play college ball in a world whereas, you know, with me for instance, so I went to a mid-major college, right? I went to Northern Illinois. Northern Illinois is not USC, right? Of course.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
And what tends to happen, right, what we've been seeing a lot with the NIL and this portal, if you will, is when you have the kid that was chip on his shoulder, maybe not quite the top-tier recruit, mid-tier recruit, but just develops into a very nice player at a mid-major program and does that very early in his career, call it his second, third year playing, he's a sophomore or junior, what's happening is
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
SC, you know, LSU, the big power five juggernaut schools are going to the guys at these mid majors and throwing half a mil, here's a mil, right? That would have been a tough decision for me to make had I had to make that at that time. And I would have never known like what was actually in my cards.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
The fact that I would materialize as the first ever first round draft pick to come out of my university, right? And when you look at a potential or like an alternate universe where I had to transfer middle of my career and go to SC, UCLA, maybe not be like the debut top tier star, maybe that...
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Ends up being, you know, still making it to the league, but second, third round and a fraction of the contract size out the gate. Right. So I think that while it is amazing, there's also all these other variables that make it a really complex situation for teenagers now to deal with. You know what I mean? 18, 19, 20 years old. So.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
we cover three core topics here how to make money how to invest money how to give away to charity on the investing side how did you decide that you want to invest into the real estate game when you left the league um i think that it was it was something that i understood um and actually you know it's funny you asked that now that i'm really like thinking back to
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
that whole like story arc in my emotions that were going on in this period of time. Right. So we all know most of us know that are old enough having intimate awareness around what the world was like in 2008, 2009. You know what I mean? Like the middle of the global financial crisis. Right. And so being a collegiate athlete on scholarship in 2008,
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
When all of that occurred, I'm in my senior season heading into, you know, I'm starting to look at my draft stock and all this stuff. So it's, you know, the writing on the wall is that I'm going to the league. So. Everything is sunshine and rose petals in my eyes.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
So I wasn't kind of fully in touch with what was going on from an economic standpoint, despite the fact that, you know, my mother ended up she was one of those folks that was ended up laid off right after I got drafted, ironically. But so that was like the context for which I come into the first money I had ever seen. And I remember at that time it was, oh, do we buy property? Do we buy a house?
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
And so I remember I'm looking all over San Diego for a home that I didn't quite find when I liked. But I bought my mother a house. And about a year or two later, 2010, 2011, I'm spending a lot of offseason time in Los Angeles. And so I'm looking at the housing prices in L.A., which for me, coming from the greater Chicago area, looked very expensive.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
These look like some high sticker prices on homes, right? Well, so obviously I looked at houses, I looked at properties that I wanted to presumably invest in and rehab and what have you, but didn't invest, didn't buy anything. And then fast forward two years, I saw what some of those deals and some of those properties had appreciated to. I was like, wow, that's what...
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Everybody was trying to tell me, but I couldn't see it, right? So I said to myself, you know what? I'm jumping off the stoop. I'm not missing out on the opportunity this time. And so 2013 was when I began to invest in property and to rehab and flip seven-figure homes. So that was how I organically...
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
landed into the real estate industry right and once you do a couple of those and see success i started to feel like oh i could do this i'm from i'm pretty smart i mean i'm playing football and in my off season i'm doing deals right that it got to the point where i had earned there were a few years towards the end of my career where i was earning more in the real estate space than wow on the field at the time because my you know i was my there were miles on my legs and so
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
my career as a player was starting to to sunset and so you know i was like this is going to be the what the what the second chapter looks like for me and so that's how it started and it just grew from there you know so look at this camera real quick yes sir and talk to that 21 year old football player that just got eight million dollar contract they're coming out of college in chicago
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Here's what I would say. I would love to talk to that. You know, to the 21-year-old cat that's getting drafted that has a signing bonus and a guaranteed contract day one, please understand how what you have in front of you is not – A guaranteed career. It is an opportunity. It's a moment in time.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
Now, it's a blessing nonetheless, but it's an opportunity with which you don't necessarily know when that window is going to close. And so what you need to do is you need to make some very important investments. The first investment that you make is a time investment.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
It's a time and a passion and a commitment type investment where you invest all of what you are exactly where you are at in that career, in that moment, in that opportunity to become and materialize and manifest the highest version of yourself as an athlete, as a player. That's number one, because that is the opportunity that God has blessed you with in that moment.
The Money Mondays
NFL Player Turned Real Estate Investor & CEO of RepeatMD w/ Larry English & Phil Sitter 💵 EP 110
And then following that, there's going to be another very, very super critical investment that you need to make. You need to take that cash and you need to invest that cash into your mind because investing into yourself, there is no crypto. It's a better return than Bitcoin. And investing in Bitcoin in 2013, 14 or whatever, like I had the opportunity to do and didn't do.