Ep #203: Paul Moore – How to Lose Money

Learning from mistakes and living with faith, generosity, and purpose is a big part of Paul Moore’s life, and he has found ways to mesh this mission with business. In this episode, he shares his rags-to-riches story, as well as how he found his way into real estate. You’ll learn a lot from his perspective on giving, the importance of having a bigger mission, and fighting back against human trafficking.

Paul discusses why we should all talk about struggle and failure—rather than just the highlight reel of our lives—in order to encourage improvement and learning. He also shares his interest in multi-family real estate and how he is operating and preparing for the future in the current market. When it comes to investing, Paul has some really great advice on vetting and making the best decisions.

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Minute Markers:

1:33 – Paul’s background and journey in business, real estate, and entrepreneurship.
3:00 – The importance of sharing failures as well as successes.
6:39 – Paul’s story of rags-to-riches gone wrong.
8:25 – The difference between investing and speculating—and why you don’t want to confuse the two.
10:50 – How Paul “gave” his way out of debt and where that led him.
16:49 – The importance of having a big ‘why’ and a team with a similar goal and mindset.
18:48 – How Paul started his real estate business and uses it to fight human trafficking.
22:20 – His view on the current markets and how he is preparing for the future.

Featured on the Show:

Connect with Paul: Website | LinkedIn | Facebook | Twitter
How To Lose Money Podcast
Bigger Pockets Blog
The Perfect Investment by Paul Moore
Ohio State University
Ford Motor Company
Ernst & Young
HGTV episode
Callaway Gardens
The ONE Thing by Gary Keller
George Muller
Warren Buffett
Howard Marks
Exodus Cry
Nefarious

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