Jeremiah Boucher built a $400 Million portfolio of commercial assets (self-storage facilities, mobile home parks, industrial assets) from zero, through constant improvement, investing ahead of the curve, and hard work & execution.

In this episode:

• Evolution of an Investor: Jeremiah talks about the journey of being an investor and how evolution in business revolves around mastering your craft over time.
• Mentorship and Learning: He highlights the influence of his mentor, Matthew Ferry, and the importance of understanding language and communication skills in sales and real estate.
• Formulation Stage: This is where you start with an idea, explore the basics, and feel excitement despite not knowing everything. Jeremiah recalls his start in real estate with no money down deals as exciting but full of unknowns.
• Concentration Phase: A challenging phase where hard work might yield minimal immediate returns. Jeremiah references his cold calling efforts during tough financial times and the importance of dedication.
• Networking Value: Emphasis on the importance of human networks, compared to Metcalfe's Law, explaining that as networks grow, their value becomes exponential due to increased connections and intelligence.
• Momentum Phase: Once skills are honed, success begins to flow more naturally, offering more opportunities and a deeper, more valuable network.
• Avoiding the Pride Trap: Jeremiah warns against the dangers of pride during success, stressing continuous hard work and vigilance to prevent falling into complacency.
• Stabilization Phase: This involves building systems and having the right people to maintain business continuity. Jeremiah learns this through personal experience with employee challenges.
• Breakthrough Opportunities: Once stability is achieved, new opportunities can be explored. Jeremiah talks about rising above current operations to spot new initiatives and possibilities.
• Embracing Challenges: Jeremiah encourages embracing discomfort and persistence, learning from failures, and experimenting, rather than viewing challenges as a constant grind. He emphasizes the enjoyment and growth found in this journey.

Are you interested in investing in Commercial Real Estate? Learn more at www.patriotholdings.com