Daniel Kwak — Co-Founder & CEO at Stealth | How To Become A Real Estate Millionaire By 24
Like The Show? Leave A Rating: https://ratethispodcast.com/successstory
Like The Show? Leave A Rating: https://ratethispodcast.com/successstory
About The Guest
Daniel Kwak first immigrated to the United States with his family at the age of 5. Due to a financially disadvantaged upbringing, at the age of 20, he had a negative amount of $187.65 in his bank account. Motivated by continued financial hardship throughout his life, he started learning about Real Estate Investing.
For the first two years, he learned everything he could, and at the age of 22, he did his first deal. By age 23 he had 83 rental units, along with having raised millions of dollars in capital and also having done a variety of different deals and strategies. At age 26, Daniel founded Miotti Partners Capital, a core-satellite fund that has introduced the equities fund management model into the Real Estate space for the first time. He has also traveled across the country training and mentoring hundreds and thousands of aspiring real estate investors.
Daniel and his brother currently run an online financial education company, along with a Youtube channel (The Kwak Brothers) that currently has around 200k subscribers. Overall, Daniel aspires to be a great husband, leader, and friend by being more aware of God’s love today than the day before.
Talking Points
00:00 — Intro
03:19 — Daniel Kwak’s origin story
13:19 — How does Daniel use his childhood story to action what he learns?
17:24 — What are some of the action steps that Daniel Kwak takes to grow his business?
20:20 — What were some learnings of Daniel Kwak from 87 doors?
24:10 — Did religion help Daniel Kwak in growing his business?
27:26 — Why does Daniel Kwak think that it is important to speak about religion?
29:46 — Is money regarded as good or evil in religion and how does Daniel Kwak wrestle with that?
35:53 — How does Daniel Kwak ground himself?
37:35 — Does Daniel Kwak find more value in investing profit doing charity or reinvesting into business?
40:21 — How did Daniel Kwak raise money for his book?
44:44 — What is the reason for people pivoting into real estate?
46:40 — What is a real estate perspective on hedging against inflation?
51:52 — What differentiates Daniel Kwak from other entrepreneurs working in real estate investment?
1:01:33 — How does Daniel Kwak protect himself in the business deals he is doing?
1:02:34 — Why did Daniel Kwak build his own personal brand?
1:04:41 — Building a virtual relationship or community building; which one is more important?
1:08:10 — Closing thoughts from Daniel Kwak
1:10:16 — What was the biggest challenge Daniel Kwak had in his personal life and how does he overcome it
1:10:32 — Who has been a mentor to Daniel Kwak?
1:10:58 — A book or a podcast recommended by Daniel Kwak
1:11:24 — What would Daniel Kwak tell his 20-year-old self?
1:11:39 — What does success mean to Daniel Kwak?
Show Links
Podcast & Newsletter Sponsors
HUBSPOT — https://hubspot.com/
SWAG — https://swag.com/success (Promo Code: Success10)
Watch on YouTube
What is the Success Story Podcast?
Success Story Podcast Welcome to the Success Story Podcast, hosted by entrepreneur, business executive, author, educator & speaker, Scott D. Clary. On this podcast, you’ll find interviews, Q&A, keynote presentations & conversations on sales, marketing, business, startups, and entrepreneurship.
Scott will discuss some of the lessons he’s learned over his own career, as well as have candid interviews with execs, celebrities, notable figures, and politicians. All who have achieved success through both wins and losses, to learn more about their life, their ideas, and insights. He sits down with leaders and mentors and unpacks their stories to help pass those lessons on to others through both experiences and tactical strategies for business professionals, entrepreneurs, and everyone in between.
Website: https://www.scottdclary.com
Podcast: https://www.successstorypodcast.com
YouTube: https://www.youtube.com/scottdclary
Instagram: https://www.instagram.com/scottdclary
Twitter: https://twitter.com/scottdclary
Facebook: https://facebook.com/scottdclarypage
LinkedIn: https://https//www.linkedin.com/in/scottdclary
