May 2, 2025

#14 - Building A Well Rounded Life & Business With James Michener

#14 - Building A Well Rounded Life & Business With James Michener

In this episode, James Mitchener shares his journey from a struggling real estate agent to making over $1 million annually for the past six years. He discusses how focus, discipline, and cold calling built his foundation. He expanded into flips, rentals, private lending, and seller financing. James also emphasizes the importance of marriage, time freedom, and building a purpose-driven life rather than chasing endless hustle. The conversation dives into real estate strategy, overcoming shiny object syndrome, creating passive income, and being present for your family.Chapter 1: From First Paycheck to Financial Freedom0:00 – 4:40James recounts earning his first $5,500 check, the excitement of early success, and how that momentum evolved into a multimillion-dollar business through persistence in real estate.Chapter 2: Growing the Business and Staying Grounded4:41 – 10:59He discusses scaling from agent to investor — flips, rentals, wholesaling, and lending — while living frugally. He shares how his wife’s support and focus on family kept him grounded.Chapter 3: The Cost of Entrepreneurship and Finding Balance11:00 – 16:11James and Daniel explore the emotional toll of entrepreneurship, social media FOMO, and the importance of stepping back to prioritize family, especially during early parenting years.Chapter 4: Mastering One Thing Before Scaling16:12 – 23:00James breaks down how he avoided shiny object syndrome by focusing on cold calling and listings. He then scaled into wholesaling, flipping, private lending, and explains his five-lane freeway analogy.Chapter 5: Notes, Seller Financing, and Passive Wealth Strategy23:01 – End (~32:34)They dive into seller financing, yields, foreclosure strategy, and building passive income through notes. James also talks about faith, legacy, and why he continues mentoring others despite financial freedom.Learn More nytfire.comText 📱 210-972-1842 Help support the show. https://podcasters.spotify.com/pod/show/nytfire/support