Unlocking the Insider Secrets to Investment and Leadership with Erik Smolinski

The Military Millionaire Podcast

Investing in stocks or venturing into any form of investment demands more than just capital; it requires the right skill set, risk appetite, and a disciplined mind. Podcast fans and ardent followers of Erik Smolinski have enjoyed numerous absolutely enlightening discussions over time, exploring the world of investment, entrepreneurship, leadership, and the tricks to achieving financial freedom.

Erik Smolinksi is a Marine vet, options trader, real estate and angel investor. Erik became a first-generation millionaire before 30 years old and a multi-millionaire in his early 30’s because of information and diligence. He started investing in 2007 on the advice of a teacher and has spent over 30,000 hours honing his skills. Erik embraces the Outlier mindset where he maintains higher standards, doesn’t conform to traditional approaches and pushes himself to radically think differently than the rest. Erik’s goal is to share authentic information and his experience creating wealth, without the typical finance BS. His aim is to encourage and empower people to affect their future and maximize their potential.

What You’ll Learn:

• The importance of finding a balance between risk aversion and smart investing, suggesting that individuals should seek knowledge from reputable investment books to build a solid foundation.
• The outlier mindset and focus on personal benchmarks rather than following the crowd.
• How being ready to seize opportunities sets successful investors apart.
• The importance of accountability in leadership, a trait instilled in service members, which contributes to their success as leaders and investors.
• And so much more!

Timestamp:

00:04:53 Eric's Military Experience

00:11:09 Eric's Approach to Investing

00:16:16 Avoiding Scams in Trading

00:24:30 Eric's Unique Mindset

00:26:35 Exploring the Concept of Outliers

00:29:05 Eric's Venture into Real Estate and Angel Investing

00:29:46 The Role of Luck and Preparedness in Success

00:30:12 Venturing into Angel Investing

00:30:47 Diving into Real Estate

00:31:16 Transitioning to Commercial Real Estate

00:31:37 Overcoming Financial Challenges

00:31:50 The Importance of Taking Risks

00:33:21 Learning from Financial Mistakes

00:33:35 Exploring the World of Stock Trading

00:35:25 The Balance Between Trading and Living

00:36:11 The Thrill of Discovering Investment Opportunities

00:37:04 The Joy of Learning Through Trading

00:41:50 The Power of Taking Calculated Risks

00:48:05 The Importance of Accountability in Investing

00:51:17 The Value of Smart Purchases

00:52:01 The Impact of Books and Podcasts on Investing

00:54:58 The Importance of Taking Action in Investing

How to Connect:

Connect with Erik Smolinski to explore the world of investments and financial insights.

Visit his website at https://www.esinvests.com/ for valuable resources and investment strategies.

Stay updated on his latest updates and content by following Erik on Facebook at https://www.facebook.com/esinvests/, Instagram at https://www.instagram.com/esinvests/, Twitter at https://twitter.com/esinvests, and YouTube at https://www.youtube.com/esinvests.

Whether you're a seasoned investor or just starting out, Erik's platforms offer a wealth of knowledge to help you navigate the world of finance. Join the community and embark on your journey towards financial success with Erik Smolinski!

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My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom!

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