Foreign.
Speaker BYou're listening to the Master Passive Income Podcast Network.
Speaker BWelcome to the Master Passive Income Show.
Speaker BMy name is Dustin Heiner, and I'm here to help you afford anything you want in life, create generational wealth by investing in real estate and having passive income.
Speaker BAnd in today's show, I'm bringing on an expert who's going to share with us how we can have purpose in our lives.
Speaker BAnd.
Speaker BAnd that purpose is going to help us to get even more accomplished, get more wealth, and accomplish more things in our lives to make our lives better.
Speaker BAll right, let's start the show.
Speaker AWelcome to the Master Passive Income Podcast, where we talk about investing in real estate with a special focus on making enough money so you can quit your job and live the dream life.
Speaker AAnd now here is your host, Dustin Heiner.
Speaker BHey, hey, hey.
Speaker BWhat's up?
Speaker BSuper blessed as always to have you here with me on the show.
Speaker BNow, we always look at the tactics and ways to make money in passive income, but we also need to focus on ourselves and.
Speaker BAnd how we can change our mindset, change who we are internally to get more and actually achieve more in life.
Speaker BBecause if you have the same limiting mindset where you're limiting your potential, you're limiting your growth because you think, well, maybe it's not for me or maybe it's for somebody else, like, they are the ones that can do it.
Speaker BLike, I what was me, I can't do it.
Speaker BWell, when you limit your own success by limiting your thoughts, you are actually setting yourself back so much further.
Speaker BI remember when I first started investing, it was very daunting because I was the only one that I knew of that was investing in real estate.
Speaker BI had to push through it.
Speaker BI had to muscle through it.
Speaker BAnd Honestly, back in 2006, there wasn't any podcast like this that was encouraging me or getting me to actually become better at investing, to have a mindset shift to where I'm reframing all the things that are negative or that I can't do into things that are going to help me potentially get better and better.
Speaker BNow, the talk of goals or New Year's resolutions or things like that, that really can hopefully get you going, I don't really think that that's the best way.
Speaker BLike, that's the goal in life, or if you create a goal, a New Year's resolution, or you create something for you to achieve.
Speaker BWell, there's a starting point.
Speaker BWell, I think there's something that's deeper that we need to, I guess, grab down deep inside of us that changes us that where instead of just saying, I have a goal, let me go after that goal.
Speaker BWell, eventually you might give up on your goal or you might veer or stray away from that goal.
Speaker BWhat we need instead is a purpose, a mission in life, something that's really driving you to achieve something that's bigger than yourself.
Speaker BNow I have the Real Estate Wealth Builders Conference.
Speaker BObviously, I have Master Passive income.
Speaker BThe coaching that we do, we coach thousands of students.
Speaker BNow we have so many students that are becoming financially independent, buying their first property.
Speaker BI mean, getting on my coaching calls every single month with the students is so encouraging.
Speaker BThey're buying properties, they're doing what they never thought was possible.
Speaker BBut now with the mindset shift that they've taken, that they've made themselves do, and also getting the education and being around people, they're being so successful.
Speaker BBut now for me, buying a property is really not that hard.
Speaker BI'll be completely honest.
Speaker BI just bought two properties, two properties up in Akron, One's in Maslin, one's in Akron.
Speaker BAnd this is about $250,000 we bought these properties for.
Speaker BWe're probably going to be cash flowing a total of seven or eight hundred dollars a month from both of these properties.
Speaker BAnd it was so simple.
Speaker BIt was easy because I've done it so many times before.
Speaker BNow if I just rested on just investing in real estate, which, don't get me wrong, it's so.
Speaker BIt's so simple and you can do it.
Speaker BBut I need to push myself just like you need to push yourself to your first property with me.
Speaker BThe Real Estate Wealth Builders Conference.
Speaker BThat is what is pushing me.
Speaker BI looked at my wife, I said, hey, you know, it'd be so much easier if I didn't do the Real Estate Wealth Builders Conference because it's so much work.
Speaker BBut at the same time, she reminded me, well, how many people are you helping with Rubecon with the Real Estate Wealth Business Conference?
Speaker BYou know, you're connecting them with great other investors to work with.
Speaker BThey're connecting them.
Speaker BSo.
Speaker BBut they now have friends that are investing with them and companies that are going to help them be better in their investing and all the expert speakers that are coming that changes their mindset.
Speaker BHow many people have changed their lives because of Rubecon?
Speaker BI'm like, but yes, but it's so much work on my end and like, it's just a labor of love.
Speaker BNow I realized that I need to put on Rubecon for myself to grow.
Speaker BI need Rubecon personally because of all the people that I get to help.
Speaker BAnd it goes back to that initial thought that I had was purpose.
Speaker BNow a goal, A goal.
Speaker BYou can kind of give up on your goal.
Speaker BIt just happens.
Speaker BThat's why people start a New Year's resolution and they go to the gym and within three or four weeks, they stop and they cancel their membership or they keep paying for the entire year and never go.
Speaker BWhich we don't need a goal.
Speaker BWhat we need is a purpose.
Speaker BWhat we need is a mission in life.
Speaker BAnd so for me, my mission in life, instead of just having a goal, create an event, a conference, and have, you know, 500 people, which is what we will have.
Speaker BI have a purpose.
Speaker BA purpose now is a mission that I'm striving for, is to help 1 million people to invest in real estate.
Speaker BAnd hopefully you are one of those 1 million people that I'm helping to invest in real estate by listening to this podcast.
Speaker BIf you want coaching, we have that for you as well.
Speaker BYou need to come to the Real Estate Wealth Builders Conference.
Speaker BThat is what's going to really catapult you into, like, honestly, literally a new, new trajectory, a stratosphere, because you're going to get around the right people and you're going to get the mindset shift and you're going to be connected with other amazing investors.
Speaker BBut here's the big thing.
Speaker BYou're going to get a purpose.
Speaker BYou're going to get a purpose in life.
Speaker BYour purpose could be your family.
Speaker BYour purpose could be becoming financially independent.
Speaker BWhatever your purpose is, we need to get you a strong purpose.
Speaker BYou need to develop that so that in the future, whenever things get tough, when life gets tough, goals are easy to give up on.
Speaker BWhen life gets tough for me, or the Real Estate Wealth Business Conference, putting on this event, who helps literally hundreds, if not thousands of people every single year to change their lives when it gets tough?
Speaker BIf I just go to my goal, and the goal is not that big of a deal, but what is a big deal?
Speaker BIt's the purpose.
Speaker BAnd you need to be at the Real Estate Wealth Builders Conference and I'm going to give you 20% off of your pass.
Speaker BGo to rubecon.com use a promo code.
Speaker BMPIPodcast master passive income.
Speaker BBut MPI podcast, I will give you 20% off.
Speaker BI just need you there so that you can change your life and help me fulfill my purpose of helping 1 million people to invest in real estate.
Speaker BAnd you are going to be one of those 1 million people.
Speaker BAnd I am going to be so excited when you come the second and third and fourth year because you grow so much and your investing gets so much better and you make so much more money because of coming to Rubecon, I have so many people, I literally have like hundreds of people returning every year because of the life changes that happen for them and the wealth that's created and the friends that they get when they're investing.
Speaker BSo you need to be here.
Speaker BGo to rubecon.com use the promo code MPIPODCAST.
Speaker BIt'll give you 20% off of your pass, whichever one you want to pick.
Speaker BI suggest obviously the VIP because you get a hangout with me even more.
Speaker BAnd all my amazing expert speakers, my friends, we're going to have 40 plus expert speakers there for you to help you become even better investor.
Speaker BNow I'm super pumped to share with you this episode where I interview a fantastic.
Speaker BHe's a MD medical doctor as well as a terrific guy.
Speaker BI have my friend Jordan Grimet coming on the show sharing with us the purpose code and how your purpose in life is going to help you achieve so much more.
Speaker BHere we go.
Speaker BJordan, thank you so much for being here, man.
Speaker ADustin is great to be back with you.
Speaker AI always have the best conversations, either on my podcast or yours.
Speaker ASo I'm excited to be together.
Speaker BLove it, love it, love it.
Speaker BNow talk to me briefly about why you.
Speaker BBecause I want to jump right in the book.
Speaker BBecause most people, we kind of understand that we should have a purpose in life, a mission or a vision or something for our lives, but we do it wrong.
Speaker BBut why did you write a book about purpose that would hopefully help people, Maybe to wake them up, maybe to get the new vision or anything like that.
Speaker ASo first and foremost, you know, I'm a money guy.
Speaker ASo why am I writing about purpose?
Speaker AIt actually starts when I was a kid.
Speaker AWhen I was seven years old, my father died unexpectedly.
Speaker AHe had a brain aneurysm, which means he had bleeding in his brain.
Speaker AHe died suddenly and he was a doct.
Speaker AAnd I convinced myself that I could make the world better by becoming a doctor just like him.
Speaker AI could fix this cosmic wrong by walking in his footsteps.
Speaker AAnd that's exactly what I did.
Speaker AIt became my purpose, my identity.
Speaker AIt became my everything.
Speaker AAnd I spent my childhood and my early adulthood doing just that.
Speaker AI became the doctor I wanted to be.
Speaker ABut something happened.
Speaker AI burned out.
Speaker AAnd when I burned out, I started looking at my finances and I started thinking, how do I get out of this?
Speaker AHow do I have enough money that I can live the life I want to live because I'm not loving being a doctor anymore.
Speaker AEventually, I discovered financial independence.
Speaker AI learned the vocabulary.
Speaker AI realized that I actually had enough money.
Speaker AMy parents had modeled this great behavior where I was buying real estate already and was a landlord.
Speaker AI owned stocks and bonds.
Speaker AI actually eventually owned my own medical business.
Speaker AAnd so I had enough money.
Speaker ABut instead of being excited and exhilarated when I realized I was financially independent, I actually had a panic attack because I had no idea who I wanted to be or what I wanted to do with my life.
Speaker AAnd so instead of throwing the baby out with the bathwater and leaving medicine completely, because there was no way I could step away from the only sense of purpose I actually knew, I started pulling back on medicine, getting rid of everything I didn't like.
Speaker AAnd what I was left with was hospice work, which was dealing with the dying and the terminally ill in the meantime.
Speaker AThat freed up my time to pursue things I was excited about, like personal finance and investing and real estate.
Speaker ASo I started the Earn and Invest podcast.
Speaker AAnd I had all these experts, these people like you, these thought leaders, these entrepreneurs, these financial independence people.
Speaker AAnd we get to a point where we're like, okay, you've explained to us how you make money and how you get a high net worth, but what do you do with that?
Speaker AHow do you know what enough looks like?
Speaker AWhat is your why?
Speaker AAnd I found that a lot of times, the people on my Hat podcast couldn't necessarily answer that question.
Speaker ABut you know who could?
Speaker AMy dying patients.
Speaker AMy dying patients, who I took care in hospice when they were dying.
Speaker AWe got to that point where they really started talking about their regrets.
Speaker AAnd I realized that a lot of us one day will get to our deathbed, and we'll really question whether we did those things that were most important to us.
Speaker AAnd so I took that knowledge and brought it to my podcast and all these business people, and I wrote a book called Taking Stock, which was all about what the dying can teach us about money and life.
Speaker ABut the thing that happened, which I never expected, is when I went and marketed that book, and I'd go to conferences, and I'd give these long talks about money and life and what the dying people taught me.
Speaker AI would tell people that we need to put purpose before our finances and build a financial framework around it.
Speaker ABut I would get people coming up to me at the end of my conference, pissed off.
Speaker AThey'd be all angry, and they'd say, how dare you tell me to find my purpose?
Speaker AI've been Trying to find my purpose for my whole life.
Speaker AI can't find it.
Speaker AAnd I'm frankly really pissed off that people like you telling me to keep finding my purpose.
Speaker AThis happened once and I'm like, okay, that's a one off.
Speaker AIt's no big deal.
Speaker AIt kept happening.
Speaker AAnd so I did a deep dive and I found two pieces of data that didn't agree with each other.
Speaker AThey were a paradox, and it really sent me down the rabbit hole of understanding purpose.
Speaker AThe two pieces of data were simple.
Speaker BAnd I want to pause for a quick second and share that honestly.
Speaker BI really want you to invest in real estate.
Speaker BNow, my new goal is to help 1 million people invest in real estate.
Speaker BSo two things I would ask from you.
Speaker BNumber one, if you get anything out of this episode, please share it with somebody else.
Speaker BJust say, hey, you know, check out Dustin Master Passive Income.
Speaker BHe really wants to help a million people to invest in real estate.
Speaker BThat's number one.
Speaker BNumber two, I want to get you to invest in real estate.
Speaker BGet my real estate investing course, absolutely.
Speaker BFor free.
Speaker BText the word rental R E N T A L 233777 rental to 33777.
Speaker BI'll literally give you my course, show you how to find an area of the country to invest, how to build the business first.
Speaker BYou know, I always talk about that.
Speaker BAnd how to find the right properties, how to make sure you're getting experts do the work for you, and scale the business to where you're making $250 or more in passive income.
Speaker BScale it to quit your job.
Speaker BI'll literally get to you.
Speaker BOr go to masterpassiveincome.com freecourse obviously it'll be in the description, but I really, really want you to invest in real estate.
Speaker BBecause the more that actual normal, everyday people own real estate that are good landlords, the better everybody's life gets.
Speaker AAnd it really sent me down the rabbit hole of understanding purpose.
Speaker AThe two pieces of data were simple.
Speaker AOne was that there was study after study after study that showed that pursuing a sense of purpose in life increases our health, longevity, and happiness.
Speaker AI mean, there are tons of studies.
Speaker AThis is very clear.
Speaker AOn the other hand, I found other studies that show that up to 91% of people at some point in their life have something called purpose anxiety.
Speaker AIt means this idea of pursuing their purpose actually caused them to be anxious and depressed and feel terrible.
Speaker AAnd so the question was, how do you resolve that paradox?
Speaker AAnd what I realized is there's probably not one version of purpose, but two.
Speaker AAnd One of those forms of purpose is probably what leads to all the disappointment and anxiety.
Speaker AAnd the other version of purpose probably leads to health, longevity and happiness.
Speaker AAnd that's why I wrote this book.
Speaker AThe purpose code is describe the difference and how people understand and seek a version of purpose that actually serves them.
Speaker BWhat would you find as being a normal or run of the mill type of purpose that most people just shoot for?
Speaker BI mean, financial independence, that's easy.
Speaker BOkay, I just want to be financially independent.
Speaker BIs that something as run of the mill is like that?
Speaker BNot as purposeful as something else?
Speaker BI'll give you Mike quickly because I want you to answer the question.
Speaker BMy purpose in life now is to help 1 million people to invest in real estate.
Speaker BAnd that gives me so much joy because I have so much fun showing people how to invest.
Speaker BAnd when they change their life, I feel fulfilled.
Speaker BWhen I bought my first property, it was an accomplishment, it was great.
Speaker BWhen I quit my job, it was another accomplishment.
Speaker BBut I felt like I needed more.
Speaker BI needed more and more and more, but I needed fulfillment.
Speaker BAnd when I didn't have to worry about money anymore, then I could start focusing on helping other people.
Speaker BThat's when I got fulfillment.
Speaker BThat's when I have that purpose now of helping 1 million people to invest in real estate.
Speaker BBut what are your thoughts on something like that?
Speaker BLike run of the mill financial freedom and then how do we narrow it down?
Speaker AWell, strangely enough, part of the problem is that most of us are pretty much bred to have a version of purpose that probably doesn't serve us.
Speaker ASo most of us actually don't form our own vision of purpose.
Speaker AWe usually co opt it from someone else.
Speaker AAnd where we're generally co opting it from is all those voices and all that information that comes at us on a daily basis.
Speaker ASo usually the people we go to for purpose are the social media influencers.
Speaker ARight?
Speaker ASo we're always learning and they're, they're telling us that we have to have six pack abs and we have to wear the nicest clothes and we have to travel to the, you know, most beautiful cities and that we have to have a seven figure business.
Speaker AThat's what social media is telling us.
Speaker AAnd most of the time it's influencers are selling this to us because they want to actually make money off of us.
Speaker ABut then we have the marketing industry which is showing us commercials and things which also are trying to sell us something and they're showing a vision of us that feels good on the outside.
Speaker AIt feels simple, it makes us look Beautiful or strong or wealthy.
Speaker ABut often the problem with these versions of purpose is that a lot of times they're really, really hard to reach.
Speaker AAnd a lot of times we also don't have agency to get there.
Speaker ASo not everyone can have six pack abs.
Speaker AMost people will not spend their life traveling the world.
Speaker AAnd most people will not have seven figure entrepreneurship as part of their path.
Speaker ASo we've been sold this version of purpose that's usually out of reach.
Speaker AAnd so this is the kind of purpose that usually makes us feel yucky.
Speaker AAnd so I call it big P purpose.
Speaker ASo I said there are two types of purpose.
Speaker AOne is bad and one is good.
Speaker ABig P purpose tends to be very, very goal oriented, right?
Speaker AAnd it's usually very hard to reach.
Speaker AAnd so it's a little bit scarcity mindset oriented.
Speaker ABecause a lot of the times people don't.
Speaker AYou aren't the right person at the right time, doing the right thing with the right skill set or have the right genetics and luck, right?
Speaker ASo if your big audacious purpose is to become president or to travel to Mars or to cure cancer, most likely you don't actually have the tool set you need to do that.
Speaker AAnd so you're much more likely to end up disappointed.
Speaker AWhereas I think the kind of purpose we really need to look towards is what I call little P purpose.
Speaker AThis is purpose that's not goal oriented, it's actually process oriented.
Speaker ASo what are the kind of things you could do on a daily basis that fill you up?
Speaker AWhat I like about this is, as opposed to being very scarcity mindset oriented, it actually is very abundant.
Speaker ALike there are a million things you could do that could light you up and that could be exciting to you.
Speaker ASo instead of all or nothing, it's kind of all or all.
Speaker AIt's really hard to fail.
Speaker AAnd so when we talk about what you're talking about as a version of purpose, I think that's something that you deeply enjoy the process of doing.
Speaker ASo I do think you have this goal.
Speaker ABut my suspicion is even if you don't reach a million people, if you reach a hundred thousand or two hundred thousand, you're still going to be pretty darn happy.
Speaker AAnd the reason is, is every day you show up and you help people, and it's the process of doing this that actually makes you the person you want to be.
Speaker AIt's not whether you reach the million.
Speaker ADustin Heiner is already the guy who does this because this is important to him.
Speaker ASo what I say often is that we should be a Little bit more goal agnostic.
Speaker ASo it's great to have these big goals, but if it's a good use of your time, you're going to enjoy it whether you reach the goal or not.
Speaker AAnd so I think again, you're a great example, because my bet is whether you hit that goal or not, this is deeply, profoundly important to you.
Speaker AAnd you show up every day because of that.
Speaker BYou know what, that's interesting how you say that.
Speaker BBecause I first had a goal when I was younger, quit my job when I was 37 years old.
Speaker BIt's a goal, it's a purpose.
Speaker BI purpose to get financial independence, but it's definitely a tangible goal to reach.
Speaker BThen I reached that, which was great.
Speaker BI didn't really feel fulfilled, but I felt like it was a great accomplishment.
Speaker BThen I said, after about a year and a half, two years of not doing anything, not have any goal, not pushing for anything, I said, you know what?
Speaker BI need a different goal.
Speaker BI need something that's going to help me get out of bed.
Speaker BAnd I created a goal.
Speaker BAnd you're going to laugh at this.
Speaker BIt was to make a million dollars a year in profit from all my businesses.
Speaker BAnd it wasn't that I wanted the money.
Speaker BIt was like I needed a quantitative number that I can hit, a goal to hit.
Speaker BBut I kid you not, Jordan, I was so bored and I didn't even care.
Speaker BI would just go to the movies, go to the gym, and it would not make me want to reach that goal of a million dollars in profit.
Speaker BBut what happened was I realized that this was the worst goal ever because I'm not driven by money.
Speaker BSome people might be and that might help them, but I'm not driven by money.
Speaker BBut for me, the biggest thing that helped me was I switched it to now making a million people or helping a million people to invest in real estate.
Speaker BThat new goal is so much better because you're right.
Speaker BNow that you've explained it, now I understand exactly why this goal, quote, unquote, goal, you know, a million people, because more than likely we'll never get there.
Speaker BBut at least it's something that says I'm going to get out of it helps me to get out of bed at night or in the morning to get up every single day to try to help more and more people.
Speaker BBut it's that process.
Speaker BWhen one of my students invests in real estate and they buy their first property, I feel like I am successful.
Speaker BI feel like I'm fulfilled.
Speaker BI feel like just I won the lottery and especially when they get what they want, like financial freedom, quit their job, whatever it might be, it just makes me feel so much more alive.
Speaker BSo fully, fully behind you.
Speaker BNow I'm going to jump into how do we, if somebody is scratching their head like, okay, Jordan, Dustin, I don't have a purpose, how do I come up with a purpose?
Speaker BYou kind of scratch the surface a little bit, but talk us a little more through that.
Speaker ASo this is what I love because you started to say, how do I find my purpose?
Speaker AAnd so this is a big point with me.
Speaker AYou don't find purpose, you create it.
Speaker AAnd this is really important because purpose is about present and future and it's action oriented.
Speaker ASo I talk about the difference between meaning and purpose.
Speaker AMeaning is about the past and it's the stories you tell yourself about yourself and it's all about thoughts.
Speaker ABut purpose is about the present and future and it's all about actions.
Speaker AAnd so you people ask me, how do I find my purpose?
Speaker AWell, you don't find your purpose, you build or create it.
Speaker AIt's a very active process, but it is true.
Speaker AYou have to find these inklings or beckonings of things that you want to build purpose around.
Speaker AAnd I call those purpose anchors.
Speaker AAnd so there's some really good ways to actually find purpose anchors to then build a life of purpose around.
Speaker AAnd I talk about them in my book and I actually give a bunch of exercises.
Speaker ABut let me give you a few examples of some ways to find purpose anchors.
Speaker ASo first and foremost, there's the way I talked about in my book, Taking Stock, my first book, it's the Life Review process.
Speaker ASo when we have hospice patients and they're dying, they're on their deathbeds, and we make them comfortable, we get their pain controlled, we get them to a safe place, the social worker or chaplain or sometimes the doctor nurse or sit them down and take them through a series of questions that are called Life Review.
Speaker AWhat you do is you ask them about their biggest achievements, biggest failures, the important moments in their life, the important people, and also, especially at the end, their biggest regrets.
Speaker AThis helps them come to terms with the dying process.
Speaker ABut what I really love is to take that Life Review and actually have young people who are not dying going through it.
Speaker AAnd this is the reason the Life review can be 10, 15, 20 questions.
Speaker AIf you Google hospice Life Review, you can come up with a huge list of questions.
Speaker ABut what I always tell people is I like the short one sentence, life Review.
Speaker AIf you found out that you were going to die in a week.
Speaker AWhat would you regret?
Speaker ANever having the energy, courage or time to do so.
Speaker AIt's focusing on regret.
Speaker AAnd here's the thing.
Speaker ARegret in a dying person is disappointment because you don't have agency to accomplish all the things you want to do.
Speaker ABut regret in a young person who has tons of time, that's another word for purpose.
Speaker AOr it's a purpose anchor we can build of life of.
Speaker AIt's a purpose anchor in which we can build a life of purpose around.
Speaker AAnd so I think regret is a great way to start thinking about finding these purpose anchors.
Speaker AThat's way one.
Speaker AThe next way is to look at your childhood.
Speaker AOften kids, before they're programmed to believe they have to become adults and professionals before they're told who they should be, actually find purpose really easy.
Speaker AKids go out and play all day and feel connected to the world.
Speaker ASo if you go back to your childhood room, what were the trophies you had?
Speaker AWhat were the posters that were up?
Speaker AWhat were the drawings?
Speaker AA lot of times if we go back to childhood, we actually could connect with things we really loved.
Speaker AWhen I was a kid, I loved collecting baseball cards.
Speaker AI happen to be really busy now and I have tons of versions of purpose.
Speaker ABut if I was really lacking for something purposeful, I'd love to go back and reinvest in collecting baseball cards and get involved in those communities and watch the games and really get up to date with that.
Speaker AThat could be a version of purpose for me.
Speaker ASo the question for all of you out there is what did you love as a child and could that be a purpose anchor you could build purpose around?
Speaker ANow, I've talked about two different methods of finding your purpose anchors, but you'll notice already purpose doesn't have to be big or small.
Speaker AYou can have one purpose or many purposes.
Speaker AIs purpose.
Speaker AIs purpose I.
Speaker AYou can have many versions of purpose.
Speaker AYour purpose can be short term or long term.
Speaker AIt can change the world, but it certainly doesn't have to.
Speaker ASo there are no real rules about purpose, especially when we talk about this little p purpose, which is all process oriented.
Speaker ASo a few other ways to find purpose anchors.
Speaker AAnother big one is what I call the art of subtraction.
Speaker AI also talked about this in my first book.
Speaker AIf you look at your job and let's say you hate your job, you're in your 9 to 5, you totally don't like it.
Speaker AWhat is the one task you really do like doing?
Speaker AOr what is the morning that you show up and you're excited about someone will be like, I love doing inventory I don't know what it is.
Speaker AI'm organized.
Speaker AI really like that piece.
Speaker AI do it one hour out of my 40 hour workweek every week.
Speaker AWell, at least then there's like something there you love that can be a purpose anchor and you can start building purpose around that.
Speaker ASo for me, I didn't like being a doctor at all.
Speaker ABut the one piece I really loved still was doing hospice work.
Speaker AAnd it's the only piece I still do now because that was a purpose anchor for me.
Speaker ASo I built a practice around that.
Speaker AAnd last but not least, the fourth way I'll talk about finding your purpose anchors is you throw a bunch of spaghetti against the wall and see what sticks.
Speaker AWhat that means is you say yes to things you normally don't say yes to.
Speaker AYou hang out with people you normally don't hang out with.
Speaker AYou try things that maybe make you feel a little anxious inside.
Speaker AAnd if you find that that was a day well spent when you do one of these things, that could be the beginning of a purpose anchor.
Speaker ASo finding purpose anchors actually isn't that hard.
Speaker AAnd most people I know, if you get them to a quiet place, like if you ask them right before you fall asleep every night, what is your like dream of dreams, a lot of times there's something there.
Speaker AThey're just too scared to give themselves permission to admit it and to put it into words.
Speaker ASo a lot of times people really do know what feels like purpose in their life.
Speaker BSo is purpose.
Speaker BBecause I love the four different ways, especially like as you went through it, regret you're looking back and seeing, well, I wish I would done that.
Speaker BI wish I would have done this.
Speaker BAnd man, that's a very, very sad, you know, to look at back at your life.
Speaker BAnd then people immediately jump to, what do I enjoy doing?
Speaker BLike, that's what purpose do I have?
Speaker BWhat do I enjoy doing?
Speaker BNow let's say that if somebody has a purpose for they think this and just work with me, like let's brainstorm this.
Speaker BThey say, you know what I want have more money to be able to afford, not worry about my mortgage, you know, be able to afford things that I need and have more time in my life.
Speaker BAnd it sounds like I want financial freedom.
Speaker BIf it sounds like financial freedom.
Speaker BWe're not to worry about money, worry about a job, be successful, unemployed.
Speaker BThat's the direction I want to go.
Speaker BAnd right now I think real estate is the route to get there.
Speaker BIs that a decent way to frame it or view it?
Speaker BAnd then if.
Speaker BHow so?
Speaker BIf not?
Speaker BBut Then at the same time, how do we get those purpose anchors, those things that get us up day after day to do it?
Speaker AWell, I guess the real question is this.
Speaker AWhen people always talk about money and purpose, a lot of times I ask, well, is that a tool or is that a goal?
Speaker AAnd so a lot of people say, my.
Speaker AMy purpose is to be financially independent.
Speaker ALike, not really.
Speaker AWhat you're really saying is I want to have the freedom and space and not have to worry about money so I can do something else.
Speaker AAnd so that's a big question is, what is that something else?
Speaker AAnd then we can decide to build a financial framework around it.
Speaker ANow, there are people who love real estate, and real estate, for them, is part of their purpose.
Speaker AIn other words, they would do it even if they weren't being paid for it, because they like gamifying it.
Speaker AThey like fixing houses up, they like renting houses, for instance, to people who can't afford it, or helping other people.
Speaker AThey like helping friends and family make deals and make other money.
Speaker AThat all can be a version of purpose.
Speaker ABut what I always tell people is we need to be clear on purpose first, and then we can decide the financial pathway to get there.
Speaker ASo you can find a version of purpose.
Speaker AOr I should say, you could create a version of purpose that feels good to you.
Speaker AAnd then you have to decide what are the tools you're going to use in order to live that life of purpose.
Speaker AMoney is one of them.
Speaker AAnd so real estate, for instance, could play a role.
Speaker AThat could be one of your funding mechanisms.
Speaker AYou could love real estate, so it could be part of that purpose, or you could be kind of mediocre on real estate, but realize it's a great way to make money and do it, therefore, in order to fund other things.
Speaker AEither of them is okay as long as you're intentional about it.
Speaker AWhat I don't like is when people say real estate is my purpose and actually don't like doing most of it, and they get to financial independence, and then they kind of keep buying more and more and more, and they go from 20 doors to 50 doors to 100 doors to a thousand doors.
Speaker ABut they're not really using the money that they're making this to do things that fill them up, and the real estate itself isn't filling them up.
Speaker AAnd so it's fine if you don't love real estate to build a real estate empire to fund doing things you love.
Speaker ABut you got to be real thoughtful, intentional.
Speaker AA lot of people I know who actually do real estate that way actually end up loving the practice of owning, renovating and renting out real estate.
Speaker AAnd so I found a lot of people do find some real purpose in it.
Speaker BYeah, totally.
Speaker BAnd if you ask me, well, Dustin, if you didn't have to think about money and you didn't have any real estate and meaning you had plenty of money and you didn't have any real estate, would you jump right into real estate?
Speaker BNo, honestly, I wouldn't.
Speaker BI wouldn't jump right into real estate because it's not, that's not what excites me.
Speaker BIt's not what like makes me.
Speaker BThe small little wins or like the, the purpose anchors like you're talking about.
Speaker BThe real estate itself is like the buying of a property.
Speaker BAnd I mean it's great, don't get me wrong, it's, it's fun.
Speaker BI have 30 plus properties, hotels and apartment complex.
Speaker BI have plenty of real estate.
Speaker BBut that's not what excites me.
Speaker BIt gives me a means to an end.
Speaker BAnd that end is to have more time in my life to do whatever as I want.
Speaker BAnd now I fill that time with my family and with helping others.
Speaker BThat is if you're going to say, if you're going to do anything without having to worry about money or time, I'm going to be with my family and help others.
Speaker BThose are the two main things that I would do.
Speaker AAnd that's a very reasonable thing to do.
Speaker ASo again, what you did, whether you thought about it or not, or whether you did it in order or not, what you did is you defined in your life what purpose looks like and then you built the financial framework that would support that.
Speaker AAnd that's the point of our finances.
Speaker AThe point of our finances is to support these other things to help us live the life we want to live.
Speaker AAnd so conversely, money is a tool, but it's not the only tool.
Speaker ASo even if you don't have money, that doesn't mean you can't pursue a life of purpose because you also have other tools.
Speaker AYou have your family, your friends, your skills, your youth, your energy, your passions.
Speaker AAll of those are also tools.
Speaker AAnd if you happen to be in a place where you don't have a lot of money, you can utilize some of those other tools to still bring purpose into your life today.
Speaker AYou don't have to wait until some ill defined moment when you get to a certain net worth or life stabilizes to a certain point.
Speaker BSo is purpose, is it like correlated or is it very, very similar to like being fulfilled?
Speaker BBecause it seems like when somebody's fulfilled in life, like I feel fulfilled when I help somebody to get what they most want in life, let's say, buy real estate, get financially independent, make money, whatever it might be, that's how I start feeling really fulfilled.
Speaker BI feel like, man, this is such an amazing ability that I'm now able to help people.
Speaker BIs fulfillment and purpose very, very related.
Speaker ASo I think what you're asking is really, is happiness and purpose related?
Speaker AAnd so let me answer that question, because I have a little bit more data on that.
Speaker ASo in my opinion, meaning and purpose together equal happiness.
Speaker ASo meaning, as I said before, is how we cognitively think about our past.
Speaker AIt's the stories we tell about our.
Speaker ATell ourselves about ourselves.
Speaker AAnd happy people tend to tell themselves heroic stories where they went through really hard things, but they came out ahead and ended up being in a better place today.
Speaker AWhereas unhappy people tend to tell themselves victim stories where they were a victim in the past and they feel like they've always been let down today.
Speaker AAnd so you have to first get a sense of meaning where you feel heroic about your life.
Speaker AAnd then the second part is purpose, which is the activities of the present and future that you engage in.
Speaker ASo that's what I think happiness is.
Speaker ASo let's talk about some of the data.
Speaker ASo there is really good data about happiness.
Speaker AThere's something called the Harvard Adult Developmental Study.
Speaker AIt started, I think, in the early 1900s.
Speaker AIt tracked originally hundreds of people, then thousands of people, then it grew from even there.
Speaker AAnd what they did is they took people.
Speaker AIt started as men, then eventually women, started as Harvard graduates.
Speaker ABut eventually they took people from the general Boston area.
Speaker AAnd every two years they interviewed them.
Speaker AAnd as technology improved, they eventually did MRIs, EEGs, blood tests.
Speaker AThey looked at their income, they looked at their geography, they looked at everything.
Speaker AAnd they studied these people for 80 years.
Speaker AAnd at the end of 80 years, they came to some conclusions about what makes people happy.
Speaker ASo what doesn't make people happy?
Speaker AThey found that money doesn't make people happy, career doesn't make people happy, achievements doesn't make people happy, and not even purpose.
Speaker AWhich sounds like it goes against all of what I've written my book about.
Speaker ABut we'll get to that in a moment.
Speaker AWhat they found truly makes people happy is interpersonal connections.
Speaker ASo interpersonal connections are what truly makes people happy.
Speaker ASo how do I.
Speaker AWhy did I write this whole book about purpose if it's interpersonal connections?
Speaker AWell, here's why.
Speaker AI also mentioned that studies clearly show that purpose is related to health, happiness and longevity.
Speaker AStudy after study after study shows this.
Speaker AWell, here's what I believe.
Speaker AI think if you engage in little P purpose, you will spend most of your time doing things that light you up almost in a flow state.
Speaker AAnd when you're in a flow state and you're lit up and you're doing things that you're really intentional and excited about, it attracts other people to you and you collaborate, you end up forming communities.
Speaker AYou teach people and they learn from you.
Speaker AOther people teach and you learn and you end up forming relationships.
Speaker AAnd I think little P purpose is a perfect conduit to these communities and interpersonal connection.
Speaker AAnd we know that is probably what truly makes people happy.
Speaker ASo your initial question is, does purpose equal contentedness?
Speaker AI think little P purpose is a great conduit towards happiness.
Speaker BI love it.
Speaker BAnd there's something there to go right along with that.
Speaker BAnd that Harvard study is just really eye opening too.
Speaker B80 years.
Speaker BI mean, my goodness, that is that.
Speaker BThat's life.
Speaker AReal Data.
Speaker AI mean, MRIs and EEG is not just questionnaires.
Speaker BYeah, that's so amazing.
Speaker BSo in real estate, and I try to say this as often as I can because people take their eye off the ball in real estate.
Speaker BReal estate is not about properties.
Speaker BSame thing about business.
Speaker BBusiness is not about products.
Speaker BLife is not just about experiences.
Speaker BReal estate is about people.
Speaker BBusiness is about people.
Speaker BAnd life is about people.
Speaker BWhen you find out how to serve more people, when you figure out that when you put your whole purpose around other people, then you'll be so much more fulfilled and more happy in life and stop looking at yourself maybe either as a victim or something like that.
Speaker BBecause when you start becoming a victim, then everything's bad.
Speaker BHow about instead of thinking that the world is against you because a lot of people wake up, oh, the world's against me.
Speaker BIt's so hard.
Speaker BX, Y and Z is so bad.
Speaker BInstead, think, man.
Speaker BThe world is out to help me.
Speaker BThere's so many great things out there.
Speaker BBeing an abundance mindset.
Speaker ASo let me tell you something that you're either going to strongly disagree with or will blow your mind.
Speaker ASo you don't even have to find a sense of purpose about other people.
Speaker AIf you do something that truly lights you up, it's going to connect you to other people and you're going to serve them whether you plan to or not.
Speaker AAnd so here's a story that I tell very often, and it's from my book and it's about my maternal grandfather.
Speaker ASo my maternal grandfather who I never met.
Speaker AHe died in the 1960s, and I was born in the 1970s.
Speaker AMy maternal grandfather loved math.
Speaker AIn fact, he loved math so much, he became an accountant.
Speaker AAnd when my mom was little in the 1950s, she would sit on his lap, and he would sit in front of his desk with his spreadsheet out there, because back in the 1950s, they didn't have these complex computers and things.
Speaker AAnd he would explain to her all the numbers he was putting in a spreadsheet.
Speaker AMy mom saw her father, my maternal grandfather, lit up and excited.
Speaker AThat was his little P purpose.
Speaker AHe loved math because she saw that modeled for her.
Speaker AShe tried on that identity as a little kid, and you know what?
Speaker AShe decided she loved math, too.
Speaker ASo she grew up, and she became a cpa.
Speaker AAnd when I was a little kid, I had a learning disability, and I couldn't read.
Speaker AAnd so when all my friends were learning how to read, they had me coloring, coloring books.
Speaker AI would have thought I was the dumbest kid around, except for one thing.
Speaker ASee, I had taken on my mom's identity of math because she had modeled it for me, and I was really good at math.
Speaker ASo I was at the bottom of the reading curve, but I was at the top of the math curve.
Speaker AAnd it was the one thing that convinced me that I was smart enough to move on.
Speaker AAnd I did move on and eventually went to a highly mathematical field, which was being a doctor.
Speaker AAnd one day, early in my career, I was rounding in the hospital, and I went and I saw this guy, and he kept on getting admitted to the hospital for dehydration.
Speaker AHe was, like, right on death's doorstep.
Speaker AAnd I saw his lab results, and I noticed a mathematical connection between two of his lab results because I loved math.
Speaker AThat was part of my little p purpose.
Speaker AAnd we diagnosed him with a rare disease.
Speaker AAnd the rare disease, believe it or not, it was easy to treat with a simple medicine.
Speaker AHis dehydration went away.
Speaker AHe went off on his merry life.
Speaker AAnd he was a pastor at a local church.
Speaker AAnd at that church, he would bring in runaways who had no connection to social services.
Speaker ANo food, no jobs.
Speaker AAnd he would connect them to social services.
Speaker AThey are old enough, he'd give them jobs, et cetera.
Speaker ASo think about this.
Speaker AWe can track one man, my maternal grandfather, pursuing his sense of little p purpose, just doing what he loved, which was math, his love of math.
Speaker ALike a stone dropped in the ocean displaced a little bit of water.
Speaker AAnd that little bit of water, that little wave traveled for miles and miles.
Speaker AAnd at Times it joined other waves and got really big.
Speaker AAnd at other times, it dissipated to a small, small, tiny wave and eventually came up on the sand 60 years later, after he died, hundreds of miles away from where he lived and died and is still affecting people's lives 60 years later.
Speaker AThat's impact, that's legacy.
Speaker AThat's the power of little P.
Speaker APurpose.
Speaker AAnd so I don't think we have to specifically plan on helping other people, although I think that does fill people up.
Speaker AAnd other people are very important.
Speaker ABut even if you just pursue things that really feel like a good use of your time, that excite you, you're gonna affect other people, you're gonna change the world.
Speaker AAnd that's what's so exciting to me.
Speaker BI guess I'll push back just a little bit because when you said you're either gonna love it or not or hate it, I'm not saying I'm against it at all.
Speaker BWhat I'm looking at is when I say life's about people, real estate's about people, business about people, it's not saying that you like.
Speaker BYour main goal should be serving as many people as possible.
Speaker BThat's my.
Speaker BThat's.
Speaker BThat's something that.
Speaker BHow I get filled up.
Speaker BNot saying that.
Speaker BWhat I'm saying is even though there are people that are different than me, I'm very extroverted.
Speaker BI'm probably on the far extrovert side.
Speaker BThere are other people who are the far introvert side.
Speaker BThey're much more introverted.
Speaker BThe people that have meaningful relationships doesn't have to be lots and lots and lots of people, but if they have meaningful relationships with other people, they're going to have a better life.
Speaker BThey're going to be more.
Speaker BWhen you're solely focused on yourself, it's doesn't feel good.
Speaker BIt actually makes you much more, more.
Speaker BMore grumpy.
Speaker BWhen you focus on other people, either helping, serving, whatever, or even just communicating with other people, then you take the focus of yourself and then you can stop thinking about what you don't have and be grateful for things that you have.
Speaker BSo the little pushback would be where I would say that the.
Speaker BI love the story about how your grandfather and then mom and then as well as you and then leads into this same thing.
Speaker BLike my vision now is to help a million people to invest in real estate.
Speaker BAnd what is so amazing, I never thought this would happen, but because that's my sole focus, my sole mission now in life, it comes across to everybody that I talk to.
Speaker BAnd now at Master Passive Income, We've got three coaches now that say, dustin, I want to be a part of your vision.
Speaker BI'm not paying.
Speaker BThey're not employees that come in and they just want to coach.
Speaker BWe have five different podcast hosts that just.
Speaker BI want to be a part of Master Passive Income.
Speaker BI just want to give and serve.
Speaker BI want to help you reach your goal.
Speaker BI've got countless people that help help me at my conferences.
Speaker BAnd it.
Speaker BIt's because I have solely focused, like your grandfather.
Speaker BI'm so focused on what brings me joy that anybody who else has that joy as well, they're going to immediately come around me because they want to be a part of.
Speaker AOh, yeah, because you're lit up and excited about it.
Speaker AYeah, for sure.
Speaker BYes, absolutely.
Speaker AYeah.
Speaker AAnd it's not that I don't think it has to be one or the other.
Speaker AI think that what happens is when you get into things, when you discover your little p purpose, it leads you to connect to other people and you create those bigger plans, you create those collaborations.
Speaker AAnd I think it's a very natural thing.
Speaker ASo I think you can start by saying what lights me up?
Speaker AAnd that's that personal, internal thing.
Speaker AAnd then as you build a life of purpose around it, you spread it out, you open it up, you bring other people in, and that's that happiness, that connection, the.
Speaker AThe community that you're building.
Speaker BAbsolutely.
Speaker BMatt.
Speaker BJordan, you and I could talk, talk forever, but we're definitely out of time.
Speaker BBut I want everybody to be able to find your book and find you.
Speaker BSo we know the purpose code.
Speaker BThey got to get out there and get that.
Speaker BBut how can they make sure that they either connect with online, find you on Instagram or whatever it might be.
Speaker ASo the easiest way is to go to jordangrummet.com that's J O R-A N G R U M E T.com and there you can a both buy both of my books taking stock as well as the purpose code, as well as learn about all the places I create content.
Speaker AThe main one is Earn and Invest.
Speaker AThat's my podcast, earninvest.com but you get connections and links there jordangrum.com to basically the podcast to the purpose code substack to Diversify, which is a financial blog as well as I wrote a medical blog for years and all the links are there.
Speaker ASo that's the easiest way to go.
Speaker BLove it.
Speaker BJordan, hey, thank you so much.
Speaker BI really appreciate you coming on.
Speaker BAnd then all these different insights that you get from what you do in life and then putting it out there for everybody.
Speaker BI think it's fantastic.
Speaker BEspecially, I mean, most people wouldn't even think, well, let's talk to people who are dying and see and learn what we can from them.
Speaker BYour first book, phenomenal.
Speaker BI know.
Speaker BYour second book's awesome as well, so thank you so much for being on the show, man.
Speaker AThanks for having me, man.
Speaker AA blast.
Speaker BAnd that is it for today.
Speaker BGo ahead and get my free real estate investing course, Texas word rental to 33777.
Speaker BR E N T A L to 33777.
Speaker BYou can also join my Real Estate Wealth Builders Group coaching.
Speaker BGet all my courses.
Speaker BAll right, guys, we'll see you in the next show.
Speaker ASee ya.