From Side Hustle To Serious Business (Long Island, NY)

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Heart of the City

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OUR CONTACT INFO:IG: @hoc_podcast, @investorvinceFacebook PageMore about James Scrugg's businesses:-Unlimited Possibilities Senior Care Homes- JS and Sons ConstructionTo contact James directly email James@upfch.comMore on the organization James supports with his philanthropyYBLA KEY TIME STAMPS:(06:10)  James' first hustle saves him from having to drop out of college(08:45) The power of a decision(13:10)  James risks all his savings in the stock market. Loses it all.(15:30)  The book that changed James life(21:05)  James decides to level up. Buys first apt building(27:01)   He goes full time as an investor...at the start of Great Recession(31:50)   Stress of entrepreneurship begins to weigh on James' marriage(40:30)  Breakdown of real estate's enormous tax benefits(42:50)  -Interlude- "Capital vs Labor"(48:00)  James breaks down 'building' vs 'development'(50:07)   James gives away a house to YBLASONG PLAYLIST:Paid In Full - Eric B. and RakimBreakadawn - De La SoulLord Intended - De La SoulDrawn - De La SoulWhat U Got - Prince Paul**The excerpt about entrepreneur burnout and the strain that entrepreneurship can place on families is courtesy of The Kaufman Foundation, the leading research and grant making organization dedicated to studying and supporting entrepreneurs. The speaker is Steve Blank, serial tech entrepreneur and the creator of the 'Lean Startup' framework. You can view his full remarks on this topic by clicking here.About our sponsors:www.reirail.comwww.reiskip.com (Text HEART to 81257 to take advantage of the promo mentioned in this episode. Offer good through March 6th)