CI - S2 - 160 - He Became a Multimillionaire in Real Estate and Still Almost Had to Get a Job with Wyatt Simon
In this episode, Wyatt Simon shares how he built a multimillion-dollar real estate portfolio, completed more than 65 BRRRR deals, and learned an important lesson about the difference between building wealth and generating cash flow. Wyatt talks about how rising insurance costs, taxes, and operating expenses forced him to rethink his business in 2024. He also shares why he shifted toward flipping houses and hard-money lending, and how he built a coaching business by sharing his real estate journey on social media. You’ll Learn How To: Use real estate strategies to build long-term assets Turn your experience into a coaching business Use YouTube to attract clients and grow your audience Learn from successful creators by copying what already works What You’ll Learn in This Episode: (02:48) How Wyatt went from basketball to real estate (04:35) Getting into the coaching business (06:07) The coaches who helped Wyatt grow in real estate and business (09:30) Being a multimillionaire didn't mean Wyatt had enough cash flow (12:55) Alex Hormozi's money models (15:03) Formula of lifetime value divided by cost to acquire customer (17:08) Finding clients through YouTube and social media (17:35) Turning real estate walkthroughs into weekly content (20:34) How coaching clients become hard money lending clients (21:54) YouTube tips for coaches who want more views and subscribers (23:16) Copying what already works can be smarter than reinventing the wheel (24:26) Creating YouTube content without expensive equipment (25:10) Raw, simple videos can work better than heavily edited content (26:33) The coaching resource Wyatt recommends for building a coaching business Who This Episode Is For: Real estate investors who want to improve cash flow Coaches who want to turn their experience into a business Coaches looking to grow through YouTube and social media Why You Should Listen: He shares practical lessons on building better money models, choosing the right business opportunities, and using content to attract clients. Resources: Apply now for Coaching Inc.’s private mastermind at coachinginc.com