014 - Developing the Right Money Mindset with Dr. Adam Broussard
Dr. Adam Broussard speaks on how to break free from a pharmacist/physician mindset of being afraid to make mistakes to an investor/entrepreneur mindset of being willing to take risks. Dr. Broussard is a practicing Pediatric Anesthesiologist and the founder of Dads Before Doctors, a mastermind group for physicians and other high-achieving fathers. He’ll share some steps in developing the right money mindset.Dr. Broussard shares what changed his mindset and how his real estate investing journey began. He explains the benefits of building a passive income through real estate and how to invest in larger deals as a passive investor or limited partner while working as a physician or pharmacist. If you’re a pharmacist or healthcare worker who wants to be in the healthcare field to help people and not just because you need to be there to make a living, then it’s time to shift to the right money mindset! Key Points from This Episode:Dr. Adam Broussard completed medical school and residency at Louisiana State University Health Science Center in New Orleans.During the Covid-19 pandemic, his second son was born, he made his first passive investment in syndication, bought a short-term rental property, and became a life coach.Why does he prefer to build passive income rather than go up the corporate ladder?Who mentored and changed Dr. Broussard’s mindset?Syndications allow investors to purchase a larger property they would not be able to buy on their own.How can a physician or pharmacist build passive income and enjoy all the benefits of investing in real estate without managing the property?The benefits of real estate professional status and how to achieve it.How to shift from a pharmacist to an investor mindset.The steps to have the right money mindset and start building passive income.Links Mentioned:Dr. Adam Broussard’s websiteDr. Adam Broussard on FacebookDr. Adam Broussard on InstagramDr Adam Broussard on LinkedInDads Before Doctors PodcastThe Life Coach School podcastWho Not HowThe Miracle MorningInvesting for FreedomMillonaire MindcastReal Estate CPA PodcastAbout Dr. Adam BroussardAdam Broussard is a father of two young boys, Grant (4) and Harrison (2), and married to Nikki. They live in New Orleans, LA where Adam is a practicing Pediatric Anesthesiologist. Adam is the founder of The Five Freedoms Investment Club, a group of accredited investors learning together and sharing knowledge to expand their passive income, and Dads Before Doctors, a mastermind group for physicians and other high-achieving fathers, and a podcast by the same name. In addition, Adam is a certified Life Coach.Adam is also an active short-term rental and passive real estate and business investor and always looking for new deals.The main sponsor of our podcast is Rx Real Estate Investment. They make everything we do possible, and our conversations and interviews would not be available without their support. If you want to diversify your retirement portfolio and get into commercial real estate investing, working with Rx Real Estate Investment may be a great match for you. Check out the website at www.rxrei.com.