loader image

DN237 – Salvatore Buscemi: How To Create Wealth On Your Own Terms

 

Here’s a snapshot of a few things we talked about…

  •         Introduction [00:00:00]
  •         Who is the Clark Kent, When It Comes to Salvatore Buscemi? [00:01:34]
  •         His Journey from Medical School to the World of Investments [00:04:11]
  •         What is Private Investing and How Does It Work? [00:06:09]
  •         How Did He First Get into Raising Capital [00:09:04]
  •         Three Things to Consider When Looking to Invest for the First Time [00:12:43]
  •         How He Learned About the Three Principles of Investment [00:15:43]
  •         What He Thinks About Bitcoin And Blockchain From An Investment Perspective [00:20:21]
  •         First Step of Investing Like the Uber Wealthy [00:23:12]
  •         The Project That He Considers is His Biggest Accomplishment [00:29:15]
  •         One Thing He Wishes He Had Implemented Sooner to Accelerate His Journey? [00:33:41]
  •         Where to Find Salvatore Buscemi [00:36:08]

In This Episode You’ll Learn:

In this episode, Casanova talks with Salvatore Buscemi. He shares his journey of becoming an investment expert. He talks about how private investing works, how he got into raising capital, the things you should consider when making your first investment, and much more. Have a listen.

Key Quotes:

  •         “Somebody asked me the other day at the health club, what a definition was for entrepreneurship, and I said that it was self-improvement in disguise…”
  •         You are really like, a Harvey Keitel, really, you’re the Wolf, you’re putting out problems because you can, and you’re empowered to, and that just makes every time you have a challenge or a circumstance, it’s like the Japanese say, when they put the swords of steel into the fire, many times it makes the steel stronger. That’s how I envision entrepreneurs.
  •         “It’s a lot easier to write the check than it is to actually wear the hard hat…”
  •         “At night, when you go to bed at night, if anything goes wrong, say a pandemic who knows what can happen next, you want to make sure that your tenants are richer than you are, and that’s what these people gravitate towards…”
  •         “The middle class is chasing, they’ve one investment theme, and that is to get rich quick, and in the middle-class, you’re starting to see a splinter of that, and that’s called the entrepreneurial class and that’s emerging. …”
  •         Before you write a check in any syndication ever at all, you got to ask three, you got to ask yourself these three questions. Number one, what is their track record? Have they been through at least two economic cycles? Second is I like to see an audit of the track record. Number three is you want to see a strong operator co-investment.
  •         “It’s better to save the capital and give it back rather than to waste it or give it to someone else who, you know, who knows what the hell they’re going to do with it…”
  •         “What you have to do is you have to figure out what your epitaph is going to read, and then back into that, and then once you know what that looks like, then you can start looking and seeing what you’re going to do with the hundred thousand…”
  •         I tell anyone if you want to be successful in real estate, there’s only one rule you need to know first, and you got to really believe this. Otherwise, you’re not going to be successful, and that is you always have to be raising capital.

Links/Resources:

  •         Investing Legacy by Salvatore Buscemi
  •         Making The Yield by Salvatore Buscemi
  •         Raising Real Money by Salvatore Buscemi
  •         salvatorebuscemi.com

Help us out?

If you enjoy our podcast, please head over to Apple Podcasts and leave us a 5-star review. By doing so, you enable us to reach more people.

SHARE THIS Post:

Facebook
Twitter
LinkedIn

CHECK OUT THESE PODCAST EPISODES

Enjoy A Full Experience of

DreamNation

Let's figure out what works for you + Free Stuff!

 DreamNation will never sell, rent or share any of your information to any outside party without any of your permission.

Reasons to Subscribe to the DN Email List: