The Most Important Skills And Strategies For Becoming Financially Wealthy | Andrew Cushman

In this episode of the Millionaire Mindcast, we have a wonderful guest, Andrew Cushman who shares knowledge and tips on how to mitigate your fear, the benefit of having a partner and a mentor and how to find it, the benefits of being in an amazing tribe or group, what are the most valuable skill sets to build wealth, tips for the beginners in real estate investing,  and how to effectively find deals!

Andrew Cushman is a chemical engineer, an entrepreneur, real estate investor, top multi-family syndicator, and manager and owner of Vantage Point Acquisitions, a real estate private equity firm focused on acquiring, repositioning, and operating B and C class multifamily communities throughout the Southeast. He provides passive real estate investment opportunities for investors and an educational community for Multifamily operators to help active investors scale their portfolios.

He was in college when he realized that he wanted to be in business but don’t know what it is. He finished a degree in engineering and got a well-paid job. Until one day he really found his calling. He read an article about flipping houses that influenced him to take courses on flipping. Luckily, he found a mentor that boosted his confidence. Although he was scared of quitting his well-paid cozy job, with courage and confidence, he did it and pursued flipping full-time. He bought his first property and got his first apartment deal. 

Andrew believes that in order to equip and grow yourself, you should not limit and control your limiting beliefs. Go and find people of all types that you can learn from because you can learn from anybody and hire them, but also grab the opportunity to educate yourself for free. It’s just a matter of finding like minded people in order to find your core values, and grow with them.

In addition, he admits that understanding your numbers, and having a great team have really helped him get to his position right now. Lastly, being relentless, committed, and having the patience to make repetitions. He was committed to getting one deal that took 4,576 phone calls before he got his very first deal!

Some Questions I Ask:

• What kind of lead you down to this path that now you’re one of the top multi-family syndicators in the country (01:44)
• What was it that gave you that permission to take the leap of faith and go into full-time entrepreneurship? (04:51)
• What the first door you walk through looks like, and how did you leverage that into the path that you’ve been on? (10:36)
• Who was on your team in the beginning that might tie into as well like how did you break into this space, find those mentors that give you the confidence to take those steps and swing for defenses? (13:56)
• What led you into this mastermind world? (19:22)
• How do you keep pushing and striving for new levels? What keeps you from being complaisant? (24:50)
• On your wealth journey, what has been either one or two of the most valuable skill sets that maybe you didn’t have right away but you know you needed to master or keep sharpening this on? (29:39)
• Tell us a little bit more about the Multi-family Accelerator. (44:33)

 In This Episode, You Will Learn:

• Why you should never get to the point where you haven’t “no fear” in entrepreneurship (07:00)
• Tips for the newbie in real estate field (11:45)
• The idea of Apprenticeship (17:46