Venture With Joe and Cody
Venture with Joe and Cody is a captivating journey into the lives and stories of business leaders, entrepreneurs, and pivotal community figures, revealing the essence of success through candid conversations. Tune in to discover the setbacks, triumphs, and invaluable lessons learned on the path to making a mark in the business world and beyond.
Venture With Joe and Cody
The $60,000 Question: Was College Worth It?
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We reflect on what we would have done differently in our twenties, sharing personal regrets and lessons learned that might help listeners avoid our mistakes.
• Investing in multiplex properties early creates lasting financial benefits
• Poor credit habits create barriers to homeownership and financial freedom
• The value of a college degree may not always justify the cost
• Student loans without financial literacy education create long-term burdens
• Maintaining physical fitness and athletic discipline creates lifelong advantages
• Early financial knowledge creates opportunities most young adults don't recognize
• Sports mindsets often translate to business success and competitive advantages
• Today's youth sports culture emphasizes specialization earlier than previous generations
If we've inspired you to rethink your financial habits or investment strategies, reach out to us on social media. We'd love to hear about the changes you're making based on our experiences!
Hey guys, welcome to another episode of Venture with Joe and Cody. How's it going? Man Doing good man, how?
Speaker 2about you.
Speaker 1I'm good. A couple things. One I have contacts in, so if we're doing this on video, people are going to see me blink like crazy, because I'm not used to dealing with contacts. I normally wear glasses. I like contacts, but they're just kind of annoying sometimes and this one in my left eye is a little annoying, yeah, and this one in my left eye is a little annoying.
Speaker 2Yeah, I couldn't handle it. I don't know how you people can do that.
Speaker 1All us blind people. Are you blind, do you?
Speaker 2need glasses? Yeah, but mine is. I never remember I can't see far away very well. So, like my normal day to day, it's not a huge detriment. Yeah, like when it gets darker or if I'm trying to see something small, yeah, it's a problem, but I have. I have glasses, I just don't wear them very often. Yeah.
Speaker 1That's the same Like I have an, an astigmatism, so one of my eyes is like misshaped. So I have pretty good vision, I can see mostly, but it just kind of is annoying. I'm always squinting and I noticed in my old age my squints are like squint lines are starting to like show and so I was like I need to start wearing the stuff that's prescribed to me, right?
Speaker 1so I'm trying to figure it out. I think if I got used to contacts I'd be okay. But um, yeah, yeah, anyways, and I accidentally ran over four miles this morning so I'm tired and I'm not doing that to brag, I'm doing it as a more of a shame of what happened. I wanted to run three. Like I'm not a huge runner, I do it as a supplement to other stuff, just to kind of do something different.
Speaker 1And I went out going around Wilsonville and I just misjudged how far I went out. I was like, okay, and I have my watch and it's telling me what I'm doing, but I was like I'm going to run out a certain distance and come back, and so I just ended up running too far out and then I had to run back. It's like I could walk back, but it's gonna take another hour to walk.
Speaker 2So I was like I gotta run, so I'm huffing this body across wilsonville to get back home, but anyways I did that on accident and, yeah, good for you.
Speaker 1Running, running can be addicting I don't know, I haven't hit that point. Man. Have you ever hit that point? Know, I haven't hit that point. Man, have you ever hit that point?
Speaker 2I have, I haven't hit it lately because I haven't been running for a while. But, when I lived in Florida I don't know if it was partly just because it's warm all the time and it's easier to run and just be active, yeah, but I got into it where it was like part of my daily life and I looked forward to it.
Speaker 2I just felt so good after and I wasn't doing, like you know, long distance runs it'd be two to three miles, but it still was just like. It just felt really good. You didn't, your body didn't have to take time to warm up because it was already muggy and warm out, and it just, yeah, it's. It's only happened that one time when I lived over there. Otherwise it's, you know, like back here, it's, it's, you know, not warm a lot of the time.
Speaker 2So it's like you're, you start out and you're cold and then you get hot and then you're sweating but it's still cold out and you're like in this weird in between do I want to wear layers so I stay warm, but then I'm too hot, but then I have. I don't know.
Speaker 1It's stupid and I think running. You know I don't agree with you in this addiction to running. I know people do it and everyone gets it Like there's people that get addicted and they're like that second high or whatever the hell you call it, when you run and you get past the initial stage and then you're like I love this.
Speaker 2I have never felt that I've run the hood to coast.
Speaker 1I've run. I just have never felt it and I don't know. It's just because I'm fat or whatever.
Speaker 2But it's like, it's just painful the whole time?
Speaker 1Okay, not at all.
Speaker 2Like I and I, I wait for those times.
Speaker 1Everyone's like, yeah, I get a couple of miles in. I'm like, no, a couple of miles in, I'm dead. I need oxygen and I need an ER.
Speaker 2So, but I.
Speaker 1I do it just because I know I have to be healthy so that I can live a long, prosperous life.
Speaker 2But I hate it. Good for you, mind over matter.
What We'd Change From Our 20s
Speaker 1Anyways, I did it. So, speaking of that, I wanted to talk, we wanted to talk today about what you would and wouldn't do in your 20s. Oh man, now that we had to go back to our 20s, what you, or things you wish you knew in your 20s, which may be relative to my run, I maybe I should have started running earlier in my life, I would be better off Get that runner's high early. It's terrible.
Speaker 2Yeah, that's a loaded question Things we wish we knew.
Speaker 1I kind of was researching this topic a little bit and it's tough. First off, I know I'm not old, but I feel like 20 was so far away 20s was so far away. I would say, if we have to associate it with the real estate world to get us started off, I would say I wish I would have invested in a multiplex sooner. I had no At 20s man. I was barely. I was getting through college but I didn't know what I wanted to do with my life in general to let alone say I want to buy a multiplex.
Speaker 1My nephew bought a multiplex in his 20s and I just really respect him for that. That he had the foresight to say this is a smart move. Did you ever look into that Like? Was that a thing in your head in your twenties?
Speaker 2No, I mean well, I shouldn't say no completely. No, I wish that I would have paid more attention to or realized how much an impact your credit had, because the first time that we that we looked at buying a house, it was kind of one of those like spur of the moment, we're tired of renting, we should buy a house. And I wasn't in the mortgage business. I had no clue how any of it worked, so it was just like all right, I guess we'll just reach out to somebody and see what happens. I was your typical young 20 year old that just thought, well, if I don't have the money to pay my credit card or so what if it's a late payment? Right?
Speaker 2And I realized very early on that that had a huge impact, because when we went to buy, it was, I mean, it was very early on and it was just like a quick credit check of you're not there yet. You need to work on your credit and maybe pay your bills on time. That was, that was a life lesson for me, and it wasn't like we weren't really expecting that we were going to be able to buy, but at that time it was probably 2012, 2011, 2012. So home prices were just really, really low. So that's one of those where I think, had I put myself in a better position and we were able to buy, we could have got something for one or two units, whatever it ended up being for, significantly cheaper than, obviously, what you can get it for now.
Speaker 2But that's one of those things if I knew better now or then it would be the importance of credit and it seems really meaningless to you know. Oh, whatever, it's just a late payment on a credit card. It's not that big of a deal, but it turns out that it is.
Speaker 1But I think you know we could go deep into this, but I and I'm not the type to blame other people for other stuff that you don't do. You know you do or don't do. I take responsibility for all the mistakes I made or the things that I've done, but we were never told that. And I'm not saying that we shouldn't have gone out and looked for it, but I think some of the pointless stuff that we did in high school and college, the pointless courses we took that had nothing to do with how we're going to do in real life now. It could have been taught right. It could have been like hey, here's a class that you're going to take on a term on investing in multiplexes or fixing your credit, because you don't know until you find out the hard way and it really sets you up. It doesn't set you up for anything good, I agree.
Speaker 1So, I think that, yeah, they should have done something different. There should be. It's not our fault in this case.
Speaker 2Maybe no. It's not our fault in this case. Maybe no. Maybe this is an inspiration right here to try to teach classes like that to high schoolers, college age kids.
Speaker 1That's actually a good point, maybe that's what we should be doing. Then this stupid podcast. Let's just start. Let's start. Well, it sounds a little creepy, but start going to high schools and teaching courses. Yeah, Like we, I don't think they're going to let us in the door, but no, but if they listen to our podcast, they might.
Speaker 2That's true, these guys are great, these guys know what they're doing.
Speaker 1They were learning from their mistakes, but I do, yeah, I never. I didn't know what a credit report was. I didn't know what a credit was. I racked up debt just because I was paying for my college all through loans, like all my stuff through college loans, and it was imaginary money, like in my mind. You know like I ended up with 60, this is nothing now nowadays, but 60 something thousand in college debt, like which is a lot, but nowadays it's nothing. No, that's like the standard. So I just spent, cause I got the loan to do it and I didn't even think. I didn't even think much of it.
Speaker 2So I think that's where a lot of people end up being yeah. I don't know. I don't know the process. I'm not a college edumacated person, but from what I understand, I don't think there's a whole lot of qualifying or even explaining, like what it takes to get the college loans and you can defer them for so long too.
Speaker 1It's silly. And we had to go private, like we got my parents on paper made money and not in real life, like they couldn't afford to pay me, you know, to pay for me to go to college, but on paper they could, and so we didn't get any financial aid, or very little financial aid. So I just had to take out they're just private loans, private college loans and it was like how much do you want, you know? And I, as a young kid, I'm just spending, spending, spending.
Speaker 2Yeah, keep the max.
Speaker 1But it's crazy that thinking back on that and thinking of your credit thing and thinking of investing, there's so many stupid things in high school and college that are hot. So many stupid things Right open to an investment or open to paying your credit card on time, and what it means when you're old and you're stupid. You're old and you're not as popular and cool, you just want a nice house. It's like it all comes back to bite you.
Speaker 2Yeah Well, and you hear about it all the time, especially from financial planners like start investing early, create a retirement plan.
Speaker 1You don't hear that until you're 25, 26, 27. Yeah, at the earliest.
Speaker 2Yeah, you feel so far away from your 60s that it's like okay yeah that's a great idea, but I'm just trying to make enough money to pay my bills right now. I can't even think about putting more money towards retirement.
Speaker 1And if I have more, I'm just going to buy a jet ski.
Speaker 2Exactly why would I invest?
Speaker 1when I'm 65?
Speaker 2Like give me a break. Yeah, when I get to that point, I'll be fine.
College Loans and Credit Mistakes
Speaker 1Right yeah, so you said you did not go to college.
Speaker 2What's your?
Speaker 1thoughts on in your 20s. Would you do it again or are you glad you didn't go?
Speaker 2I'm glad I didn't go, and the main reason I'm glad is just because I didn't have a clue on what I wanted to do. So I feel like I would have been one of those people that went and got a degree in something but it was just me getting a degree Because I really had. No, I sound kind of pathetic when I say this. I had no passion for or desire for like a field of work. So for me I would have been like oh, I'll try this out and try this out, and I probably, more than likely, maybe I would have stumbled into something different. But I have a feeling that I would have just walked away from there Like that was a lot of fun and now I have a degree.
Speaker 2But what do I do now, unless, maybe you know, throughout that process it pointed me in a direction that I didn't know, that I liked. That process it pointed me in a direction that I didn't know that I liked. But otherwise, for me, no, I mean, I, I will always I think we've talked about it before I always kind of just gravitated towards construction related work and just kind of assumed that was what I was going to do. I enjoyed it, but no, I think I think I would have. Probably I don't know. It's hard to say but no, I wouldn't. I wouldn't change it because I don't know that I would have. I I'm really happy with with where I'm at and the, the mortgage business and that career path and I probably wouldn't be here if I would have changed things and gone to college.
Speaker 1I'm assuming I probably would have gone a different direction and maybe I would have loved it Like a CEO of a large fortune 500 company.
Speaker 2Yeah, so maybe I should have gone to college. No, it of a large fortune 500 company.
Speaker 1Yeah, so maybe I should have gone to college. No, it's, uh, I it was. It's funny you say that because I was going to ask you. So yamhill carlton's, where cody and I both went, and small at the time yamhill carlton was like og, small town, yeah, that did not have the wine industry, did not have anything.
Speaker 1So we were like the podunk, you know, like the country school, which I loved, but it also we had that delineation of the kids that were going to college and the kids that were going to either stay home and farm or stay home and do with their family, you know, whatever the family business was or those sort of things, and I didn't have a connection to the family farm or any you know. So it was assumed I was going to college and I don't know if that was my parents or the friends I hung out with or a combination of both. But I was lost, like I had no idea I was just going to college, like I didn't know what I was going to be. I think I started in business, was terrible at like accounting, and I was like no, and then just went floundered around until I got an exercise science degree, but I was like no, and then just went floundered around until I got an exercise science degree.
Speaker 1But yeah, it's interesting that you decided to go the other route. Was that? Did you have influence from your friends or your parents, or was it just whatever?
Speaker 2No, it was really kind of just. I think I had made up my mind early on in high school that I just wasn't going to go to college. I just didn't have any desire for it. I liked school for the social side of it, but I didn't. I didn't apply myself. I was that kid that your parents look at and you're like man, if you only just tried, you could do so much better. And I just didn't care enough to get good grades to apply myself in school. So for me I'm like I don't want to go through another four years of this Like this is.
Speaker 2I'm barely making it by in high school and I'm taking like okay, funny thing here. I took pre-algebra my freshman year and algebra my sophomore year to fulfill my two years of math. Our son, who's in eighth grade, he's doing algebra right now and I'm like dude, you know more about math and it's easier for him than it ever was for me.
Speaker 1But no.
Speaker 2I think my parents were very. They were like neutral about it. Really If you want to go great. If you don't want to go great, kind of just do your thing.
Speaker 1So I think that, yeah, but that's like I think you had the insight to do that. I think I didn't think I wasted $60,000, but looking back Christina always argues with me about this Looking back, I was like I should have gone to community college the first couple of years. Having said that, christina's like the socialist of college the interactions, the friends, the blah, blah, blah, and I get it to a point, but I'm very, I'm skeptical. I'm more skeptical of college now than I have, than I had been. I don't think it's an automatic Back. When I was getting in high school, it was like you had to get your degree if you wanted to do anything like if you wanted to do and I didn't have the construction skills that you do.
Speaker 1So I needed, I needed something, and it was just like go for it. That's all I had. Yeah, it's interesting how the different and Yamhill Carlton, I don't think really promoted it.
Speaker 2I don't remember them really pushing it.
Speaker 1I don't know if it was just my age, my group particularly, as you know, some of the people in our group were just smart people the Kelsey, the Jackie, the girls, not the guys, like yeah, like, let me be clear. Let me be clear, the guys were idiots, no, including myself. No, I think the girls were just a smarter class, the Lindsay, you know, lindsay Sticca and all that stuff. So yeah, I don't know, it's just interesting and I do think.
Speaker 2I do think it was. It was like kind of a clear cut, I don't. It didn't seem like there were a lot of people that were like, ah, I'm not sure I might, it was, I'm going to college and part of their high school was I want to get good grades so that I can get into a better school or get some scholarships. And others were just like I'm never going to be able to make it for sure in college.
Speaker 1So yeah, and they knew it like it wasn't like the dabbling in it or thinking about it, it was you had the group that was going and they had the group that was not.
Speaker 2And there's no in between. Yeah, I think the one thing that I I don't regret but I miss the opportunity to kind of have the college experience yeah, because that that's always looked like fun and just kind of a're like a, you're like an adult in a way you know you're out on your own and you get the school, because I did enjoy school, the social kind of the camaraderie.
Speaker 2you're seeing the same people all the time. So that part I think would have been fun, but I don't know if it would have been worth it for me.
Speaker 1I know how much is it worth financially and that's why I tell Christina I said you can always act. Like you know, christina and I met in college. Like my some of my good friends, I have still good friends within college. So you know I see both sides of the argument. She's more on the lines of like you should just go to college. But I'm like now, college costs a hundred something thousand dollars. Right, I'm not just letting my kid go, just to experience, you know, parties and girls and like I get it.
Speaker 1I had a lot of fun doing that, but it's like as a parent, I'm like it's not cheap anymore to to just wing it, you know. No, and we were lucky that we, you know we met each other. We had good, steady jobs when I got out of school and we were able to pay off the loans. But man, a lot of people don't have that same luxury no, in college I see that does college even mean anything anymore, like in the sense?
Speaker 2of?
Speaker 1I don't know you had to get to get a higher paying job. It had you had to get a degree back when you were younger. But it was like now, now you need a master's, now you need a doctorate to get that like it's. It's just the bar keeps raising and raising. And I just said, if my rory's like, hey, I want to be an engineer, I need to go to college, that's great. But if he's like I don't know dad, like I just want to be a business major, I'm like no, that's not happening just so you can drink and party, but but it was.
Speaker 1Having said that, it was fun and I met a lot of people and did a lot of things that you, I, wouldn't have gotten to do, so yeah, I mean, you wouldn't your.
Speaker 2Your story too, is a little maybe not unique necessarily, because I'm sure there's probably a lot of people that met in college and got married but like yours isn't. Just you walked away with a degree that you didn't you.
Speaker 1You, you met your wife yeah, so true, true, don't give her that much credit. Don't like was. Was it worth $60,000? Yes, hopefully she doesn't watch these podcasts, she won't care about what I say but she's like yeah, you have a podcast. I didn't even know.
Speaker 2Yeah, tell me more about this.
College vs No College Debate
Speaker 1Yeah, On a personal level though, like in the 20s, I want to tap on like anything you would have done differently and you might feel the same way. And I think we've talked a little bit about this is I regret the lack of effort, not regret, but I wish I would have put more effort into sports. I think I was naturally talented but I didn't let that talent go. I didn't push it. I don't and I'm not saying again to brag I don't think I was like some all-star athlete. I, just looking back, I kind of just cruised, I didn't work. I like. I was like, yeah, I'm an all-star athlete. I, just looking back, I kind of just cruised, I didn't work. I was like, eh, I'm good at it, I don't need to get any better at it. You know, you didn't have that.
Speaker 1Our kids now are like, in these modes of like. I think there's extreme both ways, but I think our kids are in this mode of like, doing better, Like, yeah, we never had. Like. We were rec league playing, whatever you know doing, whatever you get into high school, you've made varsity. You didn't. But it wasn't like man, I got to train on my off time, I got to work out on my off time. It was like I could have been so much better if I just would have put the effort that I'm telling him to put in.
Speaker 2Oh, a hundred percent, yeah, and and sports for sure with that, because I feel like sports for me and sounds like maybe for you too it was. It was a fun thing. I've always loved sports. I love the competition, I love everything about it, but it was just a fun thing that I just grew up loving sports and so for me it wasn't like I want to be the best athlete and I want to take this as far as I can. I loved it and you know, I think once you mix in a little bit of natural talent, you don't have have as much drive, and I've heard this a lot with with professional athletes and and athletes in general, like those ones that don't have as much natural talent, tend to work harder and be better than the people that are just naturally gifted, because for them it's like oh, this is fun, Absolutely.
Speaker 2I enjoy this, I can. I don't really have to work super hard and I can be just close to as good as everybody else, but yeah, I'm with you. I think if I would have and my dad was always not pushing me hard, but pushing me like you should work out some more like work on this stuff.
Speaker 1Work on this stuff, and I'm like I don't know, I'm not really. Yeah, I know, I know and I keep, I kick myself a little bit. Again, I don't regret it, it's just what happens in life, you know, and the point you're in in life. But I harp on Rory with that and same sort of thing. I'm like look, if you want to be media and I'm not saying this in a derogatory if you want to be mediocre, that's totally fine, you're good, you're a good athlete. You'll rest on that. But if you want to be dominant, you will take very little effort.
Speaker 1you know very little put in a little bit more than everyone else does and you will be a good athlete. You know better than he is, but he has that resting Like right now. He's just. You know, he's a good athlete. He's naturally taller than everyone. He's naturally, and I'm just like that's going to change. There's people working harder every day. So, anyways, yeah, I was thinking in my 20s I would have done something like that. Yeah, I would have worked out more in my 20s. I feel like I worked out more than I've ever ever have. I feel like, honestly, I'm probably in better shape than I was in my 20s if you went with just overall health, because I went from a strict Catholic background to partying in college and not working out and it was like I made that well known, and so it hit pretty hard to me.
Speaker 2I stayed pretty consistent with it with exercise throughout my 20s I think that was just and and part of it too. Especially early 20s, before being married and starting a family or anything. It was like go to work and I'm just going to go home anyway, so I might as well go to the gym, and yeah, and it was just kind of part of it.
Speaker 2I think through sports you just kind of you get in that habit and then that's just part of it and it's really been the last handful of years where I've kind of I've been much more inconsistent, because now it's like really prioritizing that, that window of time.
Speaker 1But yeah, it's so interesting, like how our that happens, because you went from athletics to keeping athletic, I went from athletics to not and then now I'm back like heavier in it than I probably have been, but I think it's also. It's also a drive to, like you know, be there for the kids. I know it sounds cheesy, but like be a set an example, sure, for the kids, but yeah, yeah, interesting, I know. So you're dropping off man and I'm just becoming like a triathlete I go through waves, yeah right with my four mile run that I almost had a stroke.
Speaker 2A stroke on the, no kidding I know we're going to the beach. We're going to the beach tomorrow and eli, he's like in, he's in kind of like what you're talking about with rory. We're like he wants to be the best right now. His goal in life is to be a professional soccer player. Like he's locked in on that he's, he's working on it on his own, he's pushing himself.
Speaker 2He's to this point now where his coach is a really good, firm, hard coach and he loves it. Yeah, like I want to be pushed, I want to be challenged. So he tells me he's like hey, if I go run on the beach, will you go running with me?
Speaker 1I was like okay, I will. I don't want to, but I will.
Speaker 2Maybe you might have to carry me, but sure.
Speaker 1I'll run for a part of the time. No, cora asked Christina today she wants to run with Christina today. It's weird, nice like. Do you think we would have done that at 12?
Sports and Missed Opportunities
Speaker 2like no no, I know, I know what my parents answer would have been. I was like I would have done that myself, but yeah, if I absolutely have, to sure I'll do it to stay on the team.
Speaker 1If not, nope, man, it just bothers me sometimes, like football for sure. I came in as such a random story and now I don't care, but it was like I was super self-conscious, nope, different. So my mom said if you want to do soccer? And so we did competitive soccer my whole life and got pissed at the coach my junior year at Yamhill Carlton, I forget his name so and decided, oh, I'm gonna do football like football. And you know what I did?
Speaker 1I did it with Brett Miller, like dominant athlete, completely dominant athlete, and I thought, well, brett's my best friend, like I must be just as good as he is and I go join football. And knowing football. Now I was like that was the dumbest decision I've ever made in my life, cause football is something you don't just jump into, like Brett jumped into it, cause he's a star and he's an athlete, but Joe Skipper did not jump into it knowing anything and with my work ethic, as you know we just talked about, I was like, eh, I'll just do, I'll just hang out, I'll do the minimum workout, blah, blah, blah. And so, oh man, dumb, dumb decisions you make when you're, when you're young.
Speaker 2Right, yeah, but that's the thing now is I feel like then you you could do that, you could just kind of jump in and and you weren't going to be the best. But now kids start out at such a young age and it seems like it's more of a specialty thing. Crazy. It's crazy and it seems like it's more of a specialty thing. Crazy. They'll play one sport or maybe two sports, but it's they start it so young that you know where we grew up. There wasn't there, wasn't. That I'm aware of, like youth football not that I would have football started out at seventh grade.
Speaker 2Outside of that, everybody seemed like they were starting at the same time.
Speaker 1There was no six-year-old teams and it's eight-year-old teams I know, and I I was telling rory it just like I find times to just to like let him know the concept of all this stuff and it's maybe bad parenting, but we were, I was, we were watching duke uh play uh the other day and I was like, think about these players, dominant athletes there's 10 on the court right now. How many do you think are going to go to the NBA? Very few like if not any like and he's like wow, I was like just think about that.
Speaker 1Like it's not an automatic, like they're playing for Duke like the best team in the country, arguably and not all of them are going to the NBA Like it's kind of because there's so much pressure at their young age, at 12, of like, if you do this stuff, you will be. You will be there, you can get there.
Speaker 1And I don't want to downplay his you know his dreams and goals, but I'm like bro it's gonna be hard enough to do any college to play a sport, let alone a d1 college, and then after that a d1 college. You have to do excellent at that d1 college and then then whatever group you're going to make, but we just have this false sense. I think we've influenced our kids.
Speaker 1I think the sports world has made our kids just think that you have to do this, you have to play year-round X to be successful, and it's like you're probably not going to be, and I hate. Someone needs to tell these kids that you can tell like you've been on the field, you've seen kids and it's very rare but you see that one kid and you're like that kid will be a dominator in this sport. Like you just know it, like that's more.
Speaker 1You see it rarely, like I do not see it very often and I just think we hype our kids up so much that think this is going to happen and it's just not.
Speaker 2Well, and it's hard too, because you go from those stages. You start out at, say, a younger age and you're always one of the better kids. And then you get to high school and if you're still one of those better kids.
Speaker 2Then you've got to go to college and it's like each time that competition level jumps up, and then if you do make it to the pros, they're even better, and so that's got to be hard. I would imagine I was never that elite of an athlete. But I can only imagine when you're like, yeah, I, I'm going, I got all these offers to go to these big schools, I'm a, I'm kind of a top dog. And then you get to college and now you're like, wow, I'm kind of just, I kind of just blend in here.
Speaker 2I sure, for sure I got to make it through this, and then I got to make it to the professional ranks and still be that good.
Speaker 1Well, and we're getting like you're 12 years old, I'm like dude, put the Cotton City t-shirt on with your number on the back and play the sport. Like you know, we get into this like we've got to play all the time and all the time to develop your skills To do what Like I the time and all that to develop their skills to do what, like I, get it like I enjoy. Sports is a very important part of our life. But yeah, man, to do what like I know kids are running around. My 12 year old is doing way more work on his sports than I ever even thought of, like probably more if you think about the time input. Probably more than we did in high school, like he's doing?
Speaker 1oh yeah, for sure like, and I'm just like that's's insane, it's absolutely insane.
Speaker 2So well and they have a different mindset because, again, I feel like when we did that if we played that sport outside of the regular season, it was, it was just fun, like you you meet a couple of guys for sure in town and it's like, hey, you want to go play some basketball and it's just a fun, like, yeah, you're technically working on your game, but at the same time.
Speaker 2It's just, it's for fun, it's not like yeah, it is yeah, and now I feel like it's it's very intentional with kids and I've never been, I've never been one. That's like you should stick to this sport and and do it, and we're gonna travel everywhere and we're gonna it it's all year long.
Speaker 2Because I mean, if, if my kid has that desire and that drive and the want and they show that, they, I will do whatever it takes to be the best and and I want this that would be a little different story. Like Eli's just getting to that stage right now, but prior to that I'm like I don't want to be taking him everywhere for something that I'm not even really sure that he wants to do for sure. But it's hard because it's kind of encouraged anymore where it's just you know almost travel all over the place.
Speaker 2It is yeah, like that's just what, what?
Speaker 1you do.
Speaker 1The only thing I tell Rory is and I think that you know, I think I said because he's not interested in certain sports, like certain sports he's kind of done and then he's like I don't know if I'm going to do it this year and I'm like, just has it, I hesitate to tell you to stop at 12.
Speaker 1Because I said when you do stop at a sport, I said even for the purposes I know this sounds far out for you, rory, but like when you're a dad, or when you're a dad, or when you're to be able to coach your kids and know something about the sport, I said hold off on quitting. You know, like just because it doesn't sound interesting to you, and I get it. Like he's at an age where he can kind of determine. I think he's smart enough to determine this isn't the sport for me. But I'm like, just hold off, just enjoy it, just do what you can. And then you know, just to give yourself some experience so that down the road you, you know you can have the opportunity to do something you know with sports in the future and maybe it's not the sport that you were in, you know, but anyway, yeah, it's crazy.
Speaker 2One thing that I think is is good though, especially with, with sports, and I mean, I think you learn a ton, you gain a lot from it. We're we're big sports people, but I do think it translates well to the business side of things too. Like a lot of times, at least, I've noticed that athletes tend to be really, you know, obviously they're competitive, they like competition, they don't shy away from the struggle of things, so you do get, I think you gain a lot from the business side of it too, especially on the sales side. I mean, there's there's a ton of people in the sales industry that were ex former athletes, college athletes, maybe professional athletes, and it's just that competition Cause. The cool thing about the sales side of business is most of them you can create. However much income you want to make is determined on on the output that you have with your business.
Speaker 2And so for them. They're used to putting in that extra time and that drive rather than just like the clock in, do my job, clock out, yeah, yeah.
Speaker 2Same thing over and over I think there's a lot of people that are like that competition feel of like I want to be the best and by me being the best in this position I can make the most For sure, and it's a motivator rather than like project based, where it's like I don't need the competition side of it, I don't need the big numbers, I just want to complete this project or put this thing together or whatever it might be.
Speaker 1But yeah, translates it does. But so, to recap, I would in my 20s, I would have invested in a property, would have put more effort into athletics. Yeah, those are the two main things.
Speaker 2Hey.
Speaker 1And you would have done better on your credit report. I would have done better.
Speaker 2I would have maybe tried to care a little bit more about what that impact was, because it's like you know, when money's tight you're going all right if I don't make the payment on this, from what I understand, nothing's really going to happen other than make my credit scores a little worse. But I don't really have the money, so I'm not going to.
Speaker 2So I think just prioritizing the finances and realizing that that that takes so long to get that caught back up and and like you said, you don't know until you find out when you try to finance something. But if you're able to get credit cards and you're able to get other things, you just assume that all right.
Speaker 1well, I guess whatever I'm doing is working fine, so for sure it's a yeah, it's an interesting thing, I would say, you know. But also we got to where we got based on what we did or didn't do. So a part of it is life experience I'm not saying just be laissez-faire about it, but part of it is life experience and things. But I think you know, having that, especially real estate and financial knowledge, you know the colleges need to get on that and the high schools need to get on that like ASAP, because it is like doing our kids a detriment to not teach them the open, that just at least being open to that financial ability to start your financial freedom earlier than later ability to start your financial freedom earlier than later.
Speaker 2Totally, Because that's, I mean, that's everybody's. One of people's big goals in life is to maybe have a family, own a home, build some wealth over the course of their life. And it's like, do you want?
Speaker 1to travel. Everyone, all, every 20 year old. I want to travel. I want to travel the world. I want to do this and it's like all these dreams get accomplished by being smart financially from the very beginning. Right and with how little investment it would take, as a 20 something year old, to buy a fourplex and live in one of them and rent the other three If you only knew, like if you only knew.
Speaker 2Absolutely. So anyways Well it was a good talk man.
Financial Lessons and Final Thoughts
Speaker 1Well, let's yeah. Well, it was a good talk man. Well, let's, yeah, let's, until next time. We had a couple of people that want to be on the show, so we'll see if we can get some recordings done and get them on there. But yeah, it was good to talk to you and we'll get on to the next topic next time. Yes, sounds good. See you, man. All right, man Bye.
