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Abundant Journey Podcast

Liz Faircloth Is On a Mission to Empower Women Investors | Ep. 61

28 Mar 2024

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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

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