I have Dr. David Phelps on the podcast today. Dr. Phelps is a former dentist that found financial freedom in real estate investing. He left his practice for personal reasons and soon found that others were curious about his passive income method. This prompted Dr. Phelps to start the Freedom Founders mastermind group. The mastermind is for professionals who want to make serious connections in the world of real estate investing.
Today, Dr. Phelps and I discuss the importance of surrounding yourself with the right people. Dr. Phelps’ personal story is very touching and inspirational. He explains why he began the mastermind group and how the group has taught him to be a better leader. He also gives his two cents on cryptocurrency and the upcoming tax cuts.
00:00 — Introduction to the Big Mike Fund Podcast.
00:23 — Welcome Dr. David Phelps to the podcast.
01:16 — How great the Freedom Founders mastermind group really is!
02:52 — Why Dr. Phelps’ mastermind is for professionals.
04:00 — Why people have a need to find wise people.
04:38 — How masterminds work.
05:46 — Why Dr. Phelps left his practice.
08:22 — How Dr. Phelps began in real estate.
09:12 — The beginnings of Freedom Founders.
10:22 — My glowing endorsement of Freedom Founders.
11:35 — What does it mean to be “free?”
13:14 — There is no freedom in being a “lone wolf.”
14:01 — The qualities of a great leader.
17:20 — How vetting helps a mastermind group’s reputation.
18:57 — Dr. Phelps’ views on cryptocurrency.
20:22 — The value of differing opinions.
21:08 — Invest in what you know really well.
21:50 — Why you can’t build a financial portfolio on cryptocurrency.
22:40 — Dr. Phelps’ views on the tax cuts and “The Trump Effect.”
26:24 — How to find Freedom Founders and Dr. David Phelps.
27:30 — Who is eligible for the Freedom Founders mastermind group.
28:38 — A special thank you to Dr. David Phelps for joining the podcast.
28:49 — Outro to the Big Mike Fund Podcast.