Seven Figure Decisions: Nick Vertucci




Author Hour with Charlie Hoehn show

Summary: Nick Vertucci, author of <a href="https://www.amazon.com/Seven-Figure-Decisions-Having-Succeed-ebook/dp/B07C2JLPD6/&amp;tag=authorhour-20" target="_blank" rel="noopener">Seven Figure Decisions</a>, believes you don’t strike it rich by playing it safe. It’s the seven figure decisions that lift you out of the middle class and into the millionaire’s circle.<br> Nick achieved this success by taking bold, calculated risks to reinvent himself after he lost everything.<br> In this episode, he starts off with that story of how he lost everything. Stick through that story, because then he outlines the fundamental building blocks that form the foundation that changed his life. Nick is an inspirational guy, and he will help you push past your fears and alter your mindset so that you can actually pursue your goals with meaning and passion again.<br> By the end of this episode, you won’t be focused on small changes in your life anymore, you’ll be focused on going big in both your business and your life.<br> <br> <a href="https://www.amazon.com/Seven-Figure-Decisions-Having-Succeed-ebook/dp/B07C2JLPD6/&amp;tag=authorhour-20" target="_blank" rel="noopener noreferrer"></a>Get Nick’s new book <a href="https://www.amazon.com/Seven-Figure-Decisions-Having-Succeed-ebook/dp/B07C2JLPD6/&amp;tag=authorhour-20" target="_blank" rel="noopener noreferrer">Seven Figure Decisions</a> on Amazon.<br> Find out more at <a href="nvrealestateacademy.com/" target="_blank" rel="noopener noreferrer">NV Real Estate Academy</a>.<br> <br> Nick Vertucci: Back when I was on my real estate journey of investing, I had created a cash flow system. Which means I had a partner who I brought in to my business, and we put renters in foreclosures after we rehab these properties. We provided a turnkey system.<br> At some point in my investing career, I met another gentleman who owned and ran a real estate training company. That relationship was made, and I and my partner were teaching a three-day cash flow class. We were providing properties for students, for new investors.<br> A lot of people don’t know until you read my book or get to know me, I was a product of the real estate training company. I was a student, which had actually saved me in a really tough financial time. I worked really hard for about 10 years, pulling myself out of millions of dollars in debt and paying off everything, then creating some massive wealth.<br> <br> Integrity Matters<br> In this process, I built two really close friendships. One, with my business partner and his wife and then the owner of this training company who I had kind of had a joint venture agreement with. I got to tell you man, these two guys were two of my closest friends.<br> We were having a ball doing this, and we were providing a great product for these students. We were having wild success.<br> <br> A key to your business is this: integrity is longevity. <br> <br> I will tell you that possibly on the training side of that company, things wouldn’t be done how they should have been done. The company started to struggle, the company started to have some bad times.<br> Charlie Hoehn: What do you mean by bad times?<br> Nick Vertucci: Well, what I mean by that is, because their brand wasn’t protected and their name wasn’t protected, business started going down significantly. Less people were showing up to the training, less revenue was being brought into the company, and he was losing money.<br> I’ve been there before too in different businesses, so I understand that. You know, there’s a tough road ahead of him. But to be honest with you, he created himself because of ego and pride and a lot of other things.<br> But the one good thing about that movement was my partner and I’s cash flow training and the properties that we were selling to the students.<br> It was very profitable. It was a win/win for the student and it was a win/win for us.