Sept. 27, 2021

MB285: Success Starts with Purpose – With David Osborn

MB285: Success Starts with Purpose – With David Osborn

The most successful people are also the most purposeful. They create a vision for the future and take steps to get a little better every day. They take the time to ask: Is my life working for me? If not, how would I like it to look different? is the...

The most successful people are also the most purposeful. They create a vision for the future and take steps to get a little better every day.

They take the time to ask: Is my life working for me? If not, how would I like it to look different?

David Osborn is the principal owner of the sixth largest real estate company in the US with 4,500-plus agents and $11B in annual sales. David also runs a real estate investing private equity firm and operates 35 other profitable real estate related businesses in the US and Canada. He is well-known for being one of the cofounders of GoBundance, a community of healthy, wealthy, generous men who choose to lead EPIC lives.

On this episode of Financial Freedom with Real Estate Investing, David joins cohost Garrett Lynch and me to explain his tagline, ‘Who you become on your journey is far more important than what you achieve.’ He offers insight on the value of connecting with the right people and growing into the best version of yourself. Listen in to understand why David’s definition of wealth involves more than just money and find out how the most successful people get clear on where they’re going and walk in purpose.

Key Takeaways 

How David became a real estate investor

  • Got start as agent, opened KW franchises in TX, NM
  • All-in on investing in 2011 but ran out of own capital
  • Mission to meet wealthy people and raise money
  • Establish fund to invest in single family rentals

What investments David is bullish on right now

  • Dwelling spaces and rentals (single and multifamily)
  • Real estate in Sunbelt states with fewer regulations

Why who you become is more important than what you achieve

  • Controlling every decision makes you the bottleneck
  • Leadership means delegating trust (world gets bigger)
  • External world = reflection of who you are as human

The areas of his life David is working on right now

  • More present with wife and children
  • Working with coach on conscious leadership
  • Meditate on regular basis
  • Health including workouts
  • Learning (40 books/year and podcasts)

How David thinks about finding work-life balance

  • Worked 12-hour days to achieve financial freedom
  • Work smarter now, better relationships at home

David’s well-rounded definition of wealth

  • More than just money and financial freedom
  • Being good human, finding ways to contribute
  • Having adventures and being well-learned

Why it’s crucial to surround yourself with the right people

  • Genius of humans = sharing and connectivity
  • Find peers who push and inspire you to get better

The GoBundance origin story

  • Accountability partners with Pat Hiban, Tim Rhode
  • Invite others to join in bucket-list adventures
  • Growth comes from authenticity and transparency

David’s top lessons learned as an entrepreneur

  • Know where you’re going (purposeful vision for life)
  • Invest in marriage and make time for kids

Connect with David Osborn

David’s Website

David on Instagram

GoBundance

Resources

Be a Part of Michael’s Deal Maker Mastermind

Join the Nighthawk Equity Investor Club

Entrepreneurs’ Organization

TIGER 21

Conscious Loving: The Journey to Co-Commitment by Gay & Kathlyn Hendricks

The 15 Commitments of Conscious Leadership: A New Paradigm for Sustainable Success by Jim Dethmer, Diana Chapman & Kaley Klemp

The Almanack of Naval Ravikant: A Guide to Wealth and Happiness by Eric Jorgenson

Huberman Lab Podcast

Wealth Can’t Wait: Avoid the 7 Wealth Traps, Implement the 7 Business Pillars, and Complete a Life Audit Today! by David Osborn & Paul Morris

Diego Corzo

The Family Board Meeting: You Have 18 Summers to Create Lasting Connection with Your Children by Jim Sheils

Lifespan: Why We Age—and Why We Don’t Have To by David A. Sinclair

Black Belt of the Mind by Fred Grosse

Pat Hiban

Tim Rhode

Scott Harrison of Charity Water

Gary Keller

The Miracle Morning: The Not-So-Obvious Secret Guaranteed to Transform Your Life (Before 8AM) by Hal Elrod

Richard Branson

Tribe of Millionaires: What If One Choice Could Change Everything? by David Osborn & Pat Hiban

Michael’s Website 

Michael on Facebook 

Michael on Instagram 

Michael on YouTube 

Apartment Investor Network Facebook Group

Podcast Show Notes