Inspiring Young Minds :A Journey of Entrepreneurship and Impact with Deven Wohlwend | Know your why #238

EPISODE SUMMARY:

Discover the fascinating journey of Deven Wohlwend, who started investing in Legos at the tender age of five. Deven's story takes us from his earliest lessons in investing, sparked by an unexpected suggestion from his father, through his trials and tribulations in Lego investing. His early lessons around understanding 'why' became a crucial aspect of his success and led him to become a real estate investor by the age of seven. You'll be captivated by his ingenuity and determination, proving that age is just a number when it comes to investing.

Listen in as we explore Deven's remarkable venture into real estate investing, negotiating deals with sellers and turning flippers' properties into profitable investments. This conversation highlights the significance of mentorship and solving problems for people, not just in real estate but also in life. We'll also explore how millionaires and billionaires solve bigger problems than the average person and the importance of aligning your investments with your passions and expertise.

DEVEN'S BIO:

Deven found a way to invest in what he knew when he was only 5 years old. By the time he was 7, he started a company and started purchasing real estate. Within 3 years, he had bought 20% of a 60-unit complex. At 11 years old, he published his first book: If I Can Do It, So Can You! Last year, he published his second book, The Garage, with Mark Victor Hansen. He currently runs a group for teens & young adults called Millionaires in Training.

GET IN TOOUCH WITH DEVEN:

www.ClearSkyTrainer.com

EPISODE CHAPTERS:

(0:00:00) - Investing in Legos Deven invested in Legos, learning from mistakes and applying lessons to futures investments; importance of acting quickly emphasized.

(0:09:17) - Real Estate Investing Journey and Strategy Deven invested in real estate at seven, negotiating a great deal, highlighting mentorship and problem-solving for profit.

(0:17:51) - The Power of Real Estate Investing Deven shares strategies for financial freedom, his books, and his online group to help young people succeed in business and real estate.

(0:24:29) - Driving Towards Success Deven teaches financial education to make the world better, learned from his parents' Cash Flow game, and encourages learning and taking action.

(0:31:17) - The Importance of Knowing Your Why Deven shares his journey to financial freedom, discussing his parents' investing lessons, his first house, and his transition to teaching financial education.

If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara

Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/

Artist: http://audionautix.com/