Altitude Adjustment

Bootstrapped Unicorns: Entrepreneurship with Josh Pies

Bootstrapped Unicorns Podcast | EP 30 | Barry Botwin's Altitude Adjustment: From Flights to Home Financing

Original publish date: June 2024

Link to video podcast episode: https://youtu.be/SDIeml9K3pU

Welcome to the Bootstrapped Unicorns Podcast!

In this episode of Bootstrapped Unicorns, host Josh Pies interviews his friend Barry Botwin, a former commercial airline pilot for Northwest Airlines who transitioned into a successful career in the mortgage industry.

They explore Barry's journey from flying aircraft like the Boeing 727 and Airbus A320 to helping families achieve homeownership. Barry discusses the similarities between aviation and the mortgage industry, highlighting the importance of structure, diligence, and dedication. The conversation covers the impact of the 2008 financial crisis, current mortgage market trends, and refinancing strategies. Viewers will also learn about the financial preparation required for home purchases, the significance of timing, and the benefits of having a reliable advisor. Personal anecdotes, challenges of entrepreneurship, and the value of family and presence in life are also shared. From cockpits to closing costs, Barry's story is one you won't want to miss.

To connect with Barry:

Call or text the office 7 days a week, 7am–7pm at 407.768.3242

Email: [email protected]

Website: https://crosscountrymortgage.com/Team-Botwin/Barry-Botwin/

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For more about our podcast, or to become a guest, visit:

https://www.C47Films.com

https://BootstrappedUnicorns.com

00:00 Introduction and Episode Kickoff

00:43 Meet Barry: From Airline Pilot to Mortgage Guy

01:27 Sponsor Shout-outs

03:04 Barry's Journey in Aviation

05:21 The Life of a Commercial Pilot

18:35 Transitioning to Mortgages

24:50 Balancing Career and Family

34:11 Transitioning from Airlines to Mortgages

34:33 Facing the Challenges of a Commission-Only Industry

36:49 Navigating the Aftermath of 9/11

39:01 Learning the Mortgage Business

41:40 The Impact of the 2008 Financial Crisis

44:22 Back to Basics: Adapting to Market Changes

49:02 The Importance of Consistency in Real Estate

59:50 Current Market Trends and Predictions

01:06:03 Advice for Entrepreneurs and Homebuyers

01:09:48 Conclusion and Final Thoughts

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