Latest / Financial Survival Network / Entrepreneurial Wisdom: Vision, Patience, Success- Jose Berlanga #6257

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Entrepreneurial Wisdom: Vision, Patience, Success- Jose Berlanga #6257 · Financial Survival Network

• 0:00
  Speaker 1: It is very easy in the business world to get
• 0:02
  Speaker 1: discouraged because it's difficult. We tend to think that you
• 0:07
  Speaker 1: named it. You said something that is very common knowledge
• 0:13
  Speaker 1: for most early entrepreneurs. The game is rigged. It's not
• 0:17
  Speaker 1: meant to happen for me. It's too difficult. The game
• 0:22
  Speaker 1: is designed for others and the answers No, it is
• 0:26
  Speaker 1: difficult for all of us.
• 0:28
  Speaker 2: You're listening to Carrie. Let'sa's Financial Survival Network where you
• 0:32
  Speaker 2: get valuable information. You just can't find anywhere else to
• 0:36
  Speaker 2: thrive in today's trying times. You need the Financial Survival
• 0:40
  Speaker 2: Network now more than ever. Go to Financial Survivalnetwork dot
• 0:45
  Speaker 2: com and get your free newsletter and gift. Financial Survival
• 0:49
  Speaker 2: Network now more than ever.
• 0:55
  Speaker 3: And welcome. You are listening to and watching the Financial
• 0:59
  Speaker 3: Survival Network. I'm your host, Carrie LUTs Hey. We're almost
• 1:02
  Speaker 3: in mid March. If I didn't give you an entrepreneurial
• 1:06
  Speaker 3: tip idea at this point, listen to my next guest.
• 1:10
  Speaker 3: His name is Jose Berlanga. And Jose, you came to
• 1:15
  Speaker 3: this country kind of young, and now you know you've
• 1:22
  Speaker 3: been in a variety of businesses, but the real estate
• 1:25
  Speaker 3: building seems to be your thing. Now you're successful at it.
• 1:31
  Speaker 3: Could you have become successful in your home country or
• 1:34
  Speaker 3: in another country, or is it something about the United
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  Speaker 3: States that just kind of attracts the successful people.
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  Speaker 1: Well, Kerry, thank you for having me. Great to be here,
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  Speaker 1: And yes, yes, I came here when I was kind
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  Speaker 1: of young, looking for a better financial future, of course,
• 1:54
  Speaker 1: And that's that's that's a great question, because I still
• 1:58
  Speaker 1: believe I've traveled a lot, as we were talking about
• 2:01
  Speaker 1: a little bit ago, I've spent a lot of time
• 2:04
  Speaker 1: in different parts of the world, and I do believe
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  Speaker 1: that this is still the place where you have the
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  Speaker 1: best opportunities and when you act properly, when you focus,
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  Speaker 1: when you have a vision, when you understand where you're headed. Definitely,
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  Speaker 1: the United States is a place that provides the most
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  Speaker 1: opportunities and perhaps where you can make it the fastest.
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  Speaker 1: The environment is here, the capital is here, the financing
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  Speaker 1: is here, the economy for growth is all put together,
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  Speaker 1: All of the right ingredients I think are here. Not
• 2:45
  Speaker 1: to say that it's not possible to become successful in
• 2:48
  Speaker 1: any other country. A democratic of course, governments that allow
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  Speaker 1: you to start and build and operate your businesses but
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  Speaker 1: this is the place. This is where you can do
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  Speaker 1: it fastest, in the best way possible, where there are
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  Speaker 1: the most opportunities.
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  Speaker 3: No, it's nice to hear that because we here so
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  Speaker 3: much negativity in the news. The game is rigged, which
• 3:13
  Speaker 3: always has been. That's what I think you have to realize,
• 3:16
  Speaker 3: but that the opportunity still exists and the system can
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  Speaker 3: work for you if you make it work for you
• 3:24
  Speaker 3: what you obviously have. So, builder, developer, how'd you get
• 3:29
  Speaker 3: into that area?
• 3:31
  Speaker 1: Most of the businesses that I've gotten into were by
• 3:34
  Speaker 1: accident opportunities. I talk a lot about building the right
• 3:39
  Speaker 1: partnerships or surrounding yourself with the right people that share
• 3:44
  Speaker 1: your vision, your personality within the business world, and little
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  Speaker 1: by little you start relating yourself with others that have
• 3:55
  Speaker 1: your saying desire to be in the business world. And
• 4:00
  Speaker 1: somehow I've been offered opportunities to either partner with others
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  Speaker 1: or to participate at some capacity. Sometimes I have the capital,
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  Speaker 1: so I join in as the investor. Sometimes I go
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  Speaker 1: in as helping put the deal together. This particular one,
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  Speaker 1: I was young enough, I had a very little capital,
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  Speaker 1: but a lot of time to invest in starting a
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  Speaker 1: construction company.
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  Speaker 3: So you had more time than money, right.
• 4:28
  Speaker 1: Yes, Yes, the younger you are, the more time. As
• 4:32
  Speaker 1: you get older, probably you have a little more capital
• 4:34
  Speaker 1: and less time to contribute to the business world. So
• 4:40
  Speaker 1: so yeah, it's been a it's been a ride where
• 4:43
  Speaker 1: I always have my eyes open and I'm always paying
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  Speaker 1: attention to what I love entrepreneurship and now one of
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  Speaker 1: the things that I understand the most construction, construction and development.
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  Speaker 1: So that's where I'm focusing and sticking to it to
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  Speaker 1: the most for the most part.
• 5:04
  Speaker 3: So looking back, you know, we all make mistakes, we
• 5:08
  Speaker 3: all do things that we wish we hadn't. What is
• 5:14
  Speaker 3: like one major thing you would change if you could
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  Speaker 3: change it, or put it this way, what is one
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  Speaker 3: thing that you would tell that younger version of you
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  Speaker 3: that you've learned to help it help that younger version
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  Speaker 3: of you grow.
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  Speaker 1: I love this question because if I had a I
• 5:33
  Speaker 1: do it, by the way, not just to myself, not
• 5:35
  Speaker 1: not just speaking to my younger self, but to others,
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  Speaker 1: and I wouldn't tell them one thing. I would just
• 5:41
  Speaker 1: overwhelm them with advice, because you need a lot of
• 5:45
  Speaker 1: things to succeed, not just one thing that works and
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  Speaker 1: one of them is just have faith, do what you
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  Speaker 1: need to do, focus, be responsible, wake up and be
• 5:58
  Speaker 1: there present. Understand that it doesn't happen in one day.
• 6:01
  Speaker 1: Don't lose your patience. Don't get discouraged when things go wrong.
• 6:08
  Speaker 1: It is very easy in the business world to get
• 6:10
  Speaker 1: discouraged because it's difficult. We tend to think that you
• 6:16
  Speaker 1: named it, you said something that is very common knowledge
• 6:21
  Speaker 1: for most early entrepreneurs. The game is rigged. It's not
• 6:25
  Speaker 1: meant to happen for me. It's too difficult. The game
• 6:30
  Speaker 1: is designed for others, and the answers no, it is
• 6:34
  Speaker 1: difficult for all of us. It's just when we're starting
• 6:39
  Speaker 1: to build a business and it gets extremely difficult, overwhelming.
• 6:44
  Speaker 1: We tend to think that it's just us and just
• 6:47
  Speaker 1: because we are not getting the support and the help
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  Speaker 1: from the right circumstances. But it is hard for anyone
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  Speaker 1: in everyone that's starting a business. So don't get discouraged.
• 7:02
  Speaker 1: Just it is supposed to be difficult. You're supposed to
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  Speaker 1: spend endless number of hours every day of every month
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  Speaker 1: for years until things begin to come together. So just
• 7:15
  Speaker 1: keep trucking, keep going.
• 7:19
  Speaker 3: One of my favorite little sayings is live life as
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  Speaker 3: if it's rigged in your favor.
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  Speaker 1: That's a good way to It never feels like it,
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  Speaker 1: but you should act on it and understand that, Yes,
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  Speaker 1: if you put the time in the effort, which is
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  Speaker 1: something I did, and I'm blessed I was lucky enough
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  Speaker 1: to do it early enough in my life because something
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  Speaker 1: else that we tend to neglect is that every business
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  Speaker 1: requires a learning curve. Takes time for us, even if
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  Speaker 1: we work for someone else in the same industry, and
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  Speaker 1: eventually when on our own, there are always different parts
• 8:02
  Speaker 1: ingredients of the business that we weren't exposed to. Maybe
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  Speaker 1: you were in the technical or in the design, or
• 8:08
  Speaker 1: in the on the number side and the financial financial side,
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  Speaker 1: but now you may have to learn management, you may
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  Speaker 1: have to learn how to deal with others. There's always
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  Speaker 1: so much to learn when you start a business and
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  Speaker 1: when you're trying to build something that it's going to
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  Speaker 1: take some time in a learning curve, and we have
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  Speaker 1: to allow that time to work. And the earlier you
• 8:30
  Speaker 1: get into the game, the better chances. Absolutely.
• 8:34
  Speaker 3: My father always used to say, anytime you go into
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  Speaker 3: a new business, you're going to pay for lessons.
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  Speaker 1: Yes, yes, and I do recommend and I think a
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  Speaker 1: lot of people do, is to learn under somebody else's direction.
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  Speaker 1: That's why if you're able to identify the type of business,
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  Speaker 1: the type of industry that you enjoy, and before jumping
• 9:01
  Speaker 1: head first in attempting to start a business, start working
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  Speaker 1: for someone and get to learn as much as possible
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  Speaker 1: about the business, and then go on your own with
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  Speaker 1: your own philosophies, with your own product or your own concept.
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  Speaker 1: But at least you've learned the fundamentals. Otherwise you may
• 9:19
  Speaker 1: end up making some costly mistakes. Yeah, right, right when
• 9:23
  Speaker 1: you begin. And that's normal too. I've been there, I've
• 9:28
  Speaker 1: made it every mistake possible in the business world.
• 9:32
  Speaker 3: Another of my favorite quotes is is a smart man
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  Speaker 3: will learn from his own mistakes, A truly wise man
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  Speaker 3: will learn from the mistakes of others.
• 9:46
  Speaker 1: I love that one, and it's very true. Some of
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  Speaker 1: us are are a little too stubborn to want to
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  Speaker 1: take the example in the advice of others. The Some
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  Speaker 1: people just neglect to understand that experience can be acquired
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  Speaker 1: through other people and not just from ourselves. And we
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  Speaker 1: tend to think that whatever decisions we make are always
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  Speaker 1: the right ones. That there's some to be said about
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  Speaker 1: that we need to try new things, but also take
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  Speaker 1: advantage of other people's experience that have traveled those difficult
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  Speaker 1: roads to building a business. And sometimes we're just not
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  Speaker 1: mature enough to want to learn from other people's mistakes.
• 10:35
  Speaker 3: So true, I could not agree with you more. Speaking
• 10:39
  Speaker 3: of mistakes, I see you like to mentor people. What
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  Speaker 3: are like some common mistakes that you see younger people,
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  Speaker 3: younger who want to be entrepreneurs making.
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  Speaker 1: They focus the younger generation of entrepreneurs, I would say
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  Speaker 1: some of the top ones is uh. They they want
• 11:03
  Speaker 1: to focus on the money. They want to make money,
• 11:05
  Speaker 1: they want to make it now, immediate gratification, don't have
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  Speaker 1: everything figured out, They just want to jump into an
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  Speaker 1: opportunity for the sake of making money rather and then
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  Speaker 1: you have the other extreme, they only get rich quick right. Yes, yes,
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  Speaker 1: I've seen two spectrums. Either jump in because I want
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  Speaker 1: to make a quick buck or I want to be
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  Speaker 1: fully passionate and interested in what I'm doing, and if
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  Speaker 1: everything is not perfect the way I like it, the
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  Speaker 1: way I enjoy it, I'm not gonna do it. My
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  Speaker 1: recommendation is there's got to be a happy medium where
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  Speaker 1: you have to you need money to start a business,
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  Speaker 1: you need a profit in order to grow and build
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  Speaker 1: your business, but it doesn't have to be all about money.
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  Speaker 1: And on the other hand, you have to enjoy what
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  Speaker 1: you're doing. You have to like the industry that you're joining.
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  Speaker 1: But it's not always going to be pretty and roasty
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  Speaker 1: and fun and exciting. There are going to be tough days,
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  Speaker 1: gibbeties that are not joyful. So meet somewhere in the middle.
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  Speaker 3: You know that old saying, it's not the destination, it's
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  Speaker 3: the journey, correct, And that means that to me internally,
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  Speaker 3: I've been happiest when I love what I'm doing, and
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  Speaker 3: I know that if I do it well, and I
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  Speaker 3: keep doing it and getting as good as I can
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  Speaker 3: at it, like podcasting like this, that eventually the money
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  Speaker 3: is just going to come to me. But you know
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  Speaker 3: that's that's me talking as an almost sixty eight year
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  Speaker 3: old telling myself that as twenty at a twenty year old,
• 12:51
  Speaker 3: I wouldn't believed myself. You know, you know that old
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  Speaker 3: cliche do what you love and you'll never work a
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  Speaker 3: day in your life. And because and somebody explained to
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  Speaker 3: me what that really meant recently, which is that if
• 13:08
  Speaker 3: you're doing something you love, then you know, yeah, you
• 13:11
  Speaker 3: got to make money, but you would do it even
• 13:14
  Speaker 3: if you weren't getting paid for it. And once you
• 13:18
  Speaker 3: start doing something getting paid for it, trading time or money,
• 13:26
  Speaker 3: you know, then you're doing something you wouldn't do but
• 13:29
  Speaker 3: for the money. And yeah, yeah, it's kind of a
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  Speaker 3: logical progression. But I didn't really understand that till recently.
• 13:38
  Speaker 3: And I've been very fortunate in my life doing things
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  Speaker 3: that I loved. When I stopped loving them, I stopped
• 13:44
  Speaker 3: doing them, sometimes to my financial detriment.
• 13:48
  Speaker 1: So this is a very very interesting and difficult subject
• 13:54
  Speaker 1: finding that balance, because ultimately all we have is our time,
• 13:59
  Speaker 1: and you are so right when you begin to sell
• 14:01
  Speaker 1: your time in exchange for activities that you dislike or
• 14:07
  Speaker 1: hate or dread and getting up in the morning. We
• 14:11
  Speaker 1: all there's we're so full of cliches in the world
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  Speaker 1: that are true. I mean, you only live once. The
• 14:19
  Speaker 1: life is short. You don't want to wasteed doing these things.
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  Speaker 1: I do believe that there's a period of time in
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  Speaker 1: which you have to pay your dues and do some
• 14:28
  Speaker 1: things that are not fun for the sake of having
• 14:31
  Speaker 1: a better life. Down the road, and you need to
• 14:34
  Speaker 1: have a little bit of that, but know when it's
• 14:36
  Speaker 1: time to move on. You do need to make money
• 14:39
  Speaker 1: otherwise you cannot continue doing something that you love. That's
• 14:44
  Speaker 1: the typical part. And in the moment you find that, yes,
• 14:47
  Speaker 1: things get funner and easier and there since there's always
• 14:52
  Speaker 1: a probability that things are not all is going to
• 14:56
  Speaker 1: go well in the business world, it's less painful when
• 14:59
  Speaker 1: you're your day something that is pleasant. Then if you
• 15:05
  Speaker 1: end up doing something that you highly dislike and fail
• 15:09
  Speaker 1: eventually or not get what you thought you were going
• 15:12
  Speaker 1: to get, now you perhaps wasted years of your life
• 15:16
  Speaker 1: and got nowhere. So at the very least, when you're
• 15:18
  Speaker 1: finding activities that you enjoy, you're not wasting your life altogether.
• 15:23
  Speaker 1: Even if the money is not coming as fast as
• 15:26
  Speaker 1: you expected and it's not going to come as fast
• 15:29
  Speaker 1: just for doing something that you dislike.
• 15:32
  Speaker 3: That's so true, all right. As how do we find
• 15:36
  Speaker 3: out more about you? How do we connect with you
• 15:38
  Speaker 3: on the web and where do we find you well?
• 15:41
  Speaker 1: Jose Berlanga dot com. My book is out on Amazon,
• 15:47
  Speaker 1: The Business of Home Building. It's more about entrepreneurship by
• 15:51
  Speaker 1: the way, how to start and build businesses, but focusing
• 15:54
  Speaker 1: using the example of the construction industry, the residential construction industry.
• 15:59
  Speaker 1: Dirt Rich is my next book that's coming out in
• 16:02
  Speaker 1: the next time. I love it. That's a great title
• 16:05
  Speaker 1: on that. Yeah, yeah, and all sounds like it. It's
• 16:10
  Speaker 1: not just about money, it's about the philosophy of how
• 16:14
  Speaker 1: to invest the value that lend represents in the world
• 16:18
  Speaker 1: of real estate. So you can find those on Amazon
• 16:22
  Speaker 1: and uh and josebra Langa dot com. I'm I'm very
• 16:25
  Speaker 1: easy to find Google joseber Langa and and I'm there.
• 16:30
  Speaker 1: Hopefully there'll be much more material soon as I'm starting
• 16:34
  Speaker 1: to join the program and do a little more social
• 16:38
  Speaker 1: media since I'm in the age group where I've been
• 16:41
  Speaker 1: avoiding it.
• 16:42
  Speaker 3: But no, you got to do it, man. Like we're
• 16:44
  Speaker 3: both probably inherently at heart private people who don't really
• 16:50
  Speaker 3: want to air our successes or our failures out to
• 16:52
  Speaker 3: the public. But this is a new world. You get
• 16:57
  Speaker 3: compensated for this, and you get reward words that you
• 17:00
  Speaker 3: can't even imagine. So never never feel embarrassed. I mean,
• 17:04
  Speaker 3: I won't tell somebody how much money I make. It's
• 17:07
  Speaker 3: none of their damn business. There are the millennials. They
• 17:10
  Speaker 3: don't care. They'll tell you down to the last the
• 17:13
  Speaker 3: decimal of making. But point being, you're giving from the
• 17:17
  Speaker 3: heart and that is the most important thing. Hey, I've
• 17:20
  Speaker 3: got a question for Jose myself. Go to shoot me
• 17:23
  Speaker 3: an email at klatcarrielots dot com and we'll answer it quickly.
• 17:29
  Speaker 3: You can find a link to Jose's site in the
• 17:32
  Speaker 3: show notes to this interview on Financial Survival Network dot com.
• 17:36
  Speaker 3: Well we ask is when you visit, please sign up
• 17:38
  Speaker 3: for your free newsletter. Like over seventy five thousand other
• 17:41
  Speaker 3: FSN community members have. Jose appreciate you coming on. Good luck,
• 17:46
  Speaker 3: talk to you again soon.
• 17:47
  Speaker 2: Thank you, Kerry, thanks for listening to Carrie Letz's Financial
• 17:51
  Speaker 2: Survival Network your solution to today's trying times. For the latest,
• 17:56
  Speaker 2: go to Financial Survivalnetwork dot com. Financial service vival Network
• 18:01
  Speaker 2: now more than ever,