In this episode of The Wealth Vibe Show, host Vinki Loomba speaks with Nick Prefontaine, motivational speaker, bestselling author, and founder of Common Goal. At 14, Nick survived a life changing snowboarding accident that doctors said would leave him unable to walk or talk. Instead, he turned it into the beginning of his greatest transformation.
Nick shares how his STEP system Support, Trust, Energy, and Persistence helped him recover and build a thriving life. He also talks about the mindset shift from saving to investing, and how small consistent steps can create lasting momentum in life, business, and wealth.
In This Episode, You’ll Learn:
- Why trauma can become a turning point for growth rather than a stopping point
- How the STEP system helped Nick overcome unimaginable challenges and how it can work for you
- The critical mindset shift every first-generation wealth builder must make to go from saving money to investing money wisely
- Why trust and support systems are non-negotiable in both personal recovery and financial growth
- How persistence and small daily actions build momentum that lasts a lifetime
- Nick’s perspective on real estate investing, including why mobile home parks aligned with his values
- Practical advice for new investors who want to step into syndications and wealth building with confidence
Timestamps:
01:02 – Introduction to Nick Prefontaine and his inspiring recovery journey
02:30 – Leaving a high-performing career at Tesla to pursue real estate and motivational speaking
06:15 – Why mobile home parks are an overlooked but powerful vehicle for building wealth
09:50 – The development of the STEP system and how it continues to transform lives
14:00 – The shift from a savings mindset to an investment mindset for first-generation wealth builders
18:10 – The importance of a strong support system during difficult times
22:30 – Trust and energy management as keys to growth and success
26:00 – How Nick applied risk-mitigation strategies from recovery into business and life
30:15 – Advice for new investors stepping into syndications and personal growth
33:00 – Final thoughts on persistence, perspective, and the power of smart investing
Connect with Nick Prefontaine:
Website: https://nickprefontaine.com/
LinkedIn: https://www.linkedin.com/in/nickprefontaine/
🎧 Subscribe & Tune In:
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#realestate #realstateinvesting #multifamilyinvesting #passiveinvesting
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