S5E38: The Secret to Building Wealth and Financial Freedom with Diego Corzo

The Mentee Podcast

So many of us keep on chasing success. We scramble frantically and hustle hard just so we can get a taste of financial freedom. But the more you chase success, the more it could elude you. Success is not something to be pursued; it’s something you attract.

Diego Corzo, a realtor at Keller Williams Realty, joins me to talk about his journey to becoming a millionaire. I personally think you would tremendously benefit from the lessons he learned—from experience and mentors alike—on how to build wealth and achieve financial freedom.

Here are some power takeaways from today’s conversation:

• Learn how to manage wealth
• Build passive income through real estate
• Determine your superpower
• Find and leverage market opportunities

Episode Highlights:

[12:19] Achieving Success

Success is something you attract by the person you become. Before you become successful, you must first become someone who knows how to handle wealth.

[16:58] Diego’s Mastermind

Rat Race to FI helps people achieve financial freedom. What they do is walk them through the amount of cash flow they need to do what they truly want. Then, they teach them how to build passive income through real estate investing.

[26:35] Finding Your Superpower

Find your unfair advantage. Then, partner with someone with a different unfair advantage that can help you. Your unfair advantage in real estate can be time, knowledge, expertise, or money.

[29:35] What the Future Holds

Diego told me that wants to keep growing his brand and collaborate with other people. Collaboration allows him to reach and connect with more people. He also wants to build his team and automate their systems.

Find opportunities through off-market deals. You could also consider dealing with foreclosure properties. Know how to negotiate the right deals. Finally, get lines of credit to leverage equity.

[40:52] The Keys to the Vault

Remember the six keys to becoming the person who achieves financial freedom: managing your personal finances, scheduling personal development, understanding the power of your peer group, setting goals with accountability, building a money machine, and investing in passive income.

Notable quotes from the Episode:

[08:34] “Knowing that I started from zero, the only way is up.”

[17:28] “A lot of people feel like they’re stuck in their job or whatever they’re doing and they have to do it. But there’s a difference if you go from having to do something to you having the opportunity to do it.”

[45:53] “Work on the internal part first because life outside is hard, but you have to take responsibility no matter what your circumstances are.”

Resources Mentioned:

Rich Dad, Poor Dad by Robert Kiyosaki

Think and Grow Rich by Napoleon Hill

Keller Williams

Connect with Diego Corzo: LinkedIn | Website

Connect with Wyatt Graves: LinkedIn | Website

The Mentee Podcast: Website | Apple | Spotify