Ep. 65 - Leveraging Skills to Achieve Success with Tim Gurule and Tyrel Rose The Art of Winning

Timothy Gurule grew up in the Colorado Mountains at 10,000 feet of elevation. His childhood was filled with love, but he also experienced many nights spent sleeping in cars and storage units. This experience fuels his drive today. After graduating from high school, he joined the Army and became a member of an elite special operations unit, where he deployed four times. Timothy later attended Colorado State University and served as an intern in the Colorado House of Representatives. Tyrel Rose is a Real Estate Acquisition Manager at Ambick Nextgen Properties Corp. He is also currently a Business Director of Russ' Century Farm. He attended college at the University of Washington.
 
In this episode, Tim Gurule and Tyrel Rose share how through their partnership, they have been able to be opportunistic investors and create a successful real estate business. This conversation dives deep into how a strong partnership can lead to success, the importance of having a strong "why" to pursue any goal, and how to build wealth. They discuss their wealth-building strategy, which involves buying and holding real estate, strategic dollar cost averaging, and staying committed to the fundamentals. Additionally, they share their daily routines for both physical and mental health, which include working out, journaling, meditating, praying, reading the Bible, and practicing gratitude. Finally, they explore the balance between family and self-improvement and how to measure success in life.
 
[00:00 - 18:56] Forming a Partnership Set for Success
●        Tim Gurule and Tyrel Rose are introduced to the show.
●        Tim and Tyrel are both veterans who became entrepreneurs and best friends.
●        Tim and Tyrel used their experiences in the army to build wealth and their businesses.
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[18:56 - 44:57] Leveraging Skills to Grow Their Businesses
●        Tyrel moved to Austin and has been working remotely for a while, fixing up a house he bought at an auction.
●        He listened to several investing podcasts while working on the house.
●        He stumbled upon a book on buying houses at auctions and realized there was a system to it.
●        Tyrel attended a small business buying conference with a friend to look into purchasing a shipping company.
●        Tim found an expert in the loan origination field with a strong social media presence.
●        Tim went to work for the loan originator to learn branding, marketing, and systems, which would be useful for his future acquisition company.
●        Tyrel and Tim are both individually putting the pieces together to prepare for managing multiple flips and making offers on multiple properties.
●        They are going direct to the seller by looking off-market, doing mailer campaigns after pulling niche lists, cold calling, voice dropping, and more.
●        The experience in the military was a form of tuition to enter the real estate investing game.
●        Doing hard things consistently, with a level of ignorance, can build confidence.
●        Having an optimistic outlook and not giving up, regardless of the challenges, can lead to success.
 
 
[44:57 - 01:13:00] Overcoming Adversity and Never Quitting
●        Tim shares his experiences of what he learned in Ranger School and how he used those experiences to achieve his life objectives.
●        Instead of going all out, rationalizing your pace is important.
●        Knowing exactly what numbers you need to hit to pass each week is beneficial.
●        Ashton shares how he grew up with a strong meditation background, yoga, and martial arts.
●        Writing down his goals and breaking them down was an intentional process for Ashton, and he has a checklist to this day.
●        Tim talks about the importance of sh