RTBL 03 | Why the W-2 Grind Will Never Make You Wealthy with Jamie Bateman

Title: Why the W-2 Grind Will Never Make You Wealthy with Jamie Bateman

Summary

In this engaging podcast episode, Jamie shares his journey from being a competitive athlete and military officer to becoming a successful entrepreneur in the field of real estate and mortgage note investing. He emphasizes the importance of discipline, teamwork, and taking ownership of one’s financial situation in achieving success. Jamie discusses his transition from a W2 job to entrepreneurship, highlighting how he leveraged his experiences and strengths to build multiple streams of income. He shares insights about his current business model centered around mortgage note investing, explaining the differences between performing and non-performing notes, and elucidates the challenges and opportunities present in this field. The discussion also emphasizes the importance of long-term planning and learning continuously, making the case that discipline ultimately leads to freedom and flexibility in life.

Links to Listen and Subscribe:

https://podcasts.apple.com/us/podcast/from-military-officer-to-mortgage-note-master-one-mans/id1618672867?i=1000643495099

Links to Watch and Subscribe:

https://www.youtube.com/watch?v=t6nU0TtMAFc

Bullet Point Highlights:

• Athlete to Entrepreneur: Jamie shares how his background in competitive sports instilled a sense of discipline and teamwork.
• Financial Ownership: Jamie discusses the importance of taking ownership of your financial situation and actively seeking improvement.
• W2 Quitter: The transition from a stable government job to entrepreneurship reflects Jamie’s journey of self-discovery and ambition.
• Mortgage Note Investing: Jamie provides insights into both performing and non-performing notes, illustrating how to generate passive income through debt investing.
• Value of Networking: He emphasizes the necessity of building a strong network for finding investment opportunities in mortgage notes.
• Continuous Learning: Jamie advocates for lifelong learning, suggesting that successful people always seek new knowledge and skills.
• Long-Term Vision: He stresses the importance of setting long-term goals and reverse planning to maintain focus on achieving one’s aspirations.

Transcript:

Jamie what's going on brother welcome to the show thanks Seth this is this is awesome um I'm excited to be here and I'm hoping to add some value absolutely man third time's a charm we've been trying to get this scheduled after I was on your show which was fantastic had a really good time uh on that show and I think it turned out pretty good so I know we're gonna absolutely we're gonna deliver on this one as well yeah we're GNA try to try to I'll try to do as good a job as you did so yeah that was that

 

was uh yeah no I that was a very very good episode from adversity to abundance I would highly recommend your your listeners check that one out to your episode on that show so thanks for thanks for doing that absolutely man you're an incredible interviewer I've I've that's the only uh I've been on dozens of podcasts and you know you pulled out a lot of things for me that I've I've never talked about on the air so it's pretty pretty awesome pretty awesome show man appreciate that cool man well let's just jump right into your

 

background man what's your story um take it back as far as you'd like to brother yeah um man uh I'd like to think that life has phases so I've had a few different phases in in my life um you I come from a a large uh family I'm I'm the oldest of seven kids and we always had a competitive uh background as far as team sports and things like that so um I played lacrosse in college that was always a foundational piece of of uh my life and just kind of I think from there learned how to be a part of something

 

bigger than myself and how to work toward a common goal with a with a team so that's been something that's been a a kind of a thread through my life and then um got married and uh joined the military and um actually joined the military technically before I got married but seemed like I got married and then ran off and and uh ran away from my wife but it's not exactly what happened but uh joined the military was an officer in the in the US Army did I did miss my first three wedding anniversaries through deployment and

 

things like that um and again it was a matter of trying to be plugged into something you know to serve and be a part of something bigger t