Empathetic Leadership and Building Generational Wealth with Michael Kramer

In this episode of Empathy Inbound, I am joined by by Michael Kramer, CEO and founder of Freed by Real Estate. Michael is just an awesome human being, I loved every second of our conversation!Michael shares his inspiring journey from financial hardship following a family tragedy to building wealth and focusing on creating passive income after a life-changing accident in 2016. Our conversation covers Michael's dedication to helping others achieve financial independence through real estate, the challenges and successes of involving family in his business, and his approach to empathy and genuine connection in leadership. Michael also discusses the importance of a long-term vision and legacy planning, emphasizing family values and permanent relationships with clients. The episode delves into effective methods of balancing work and personal life, with Michael sharing his routines for self-care and staying present for his team and family.00:00 Introduction and Guest Introduction00:51 Living in Courage: The Path to Confidence02:29 Michael Kramer's Background and Family Influence06:43 Building Wealth and Family Harmony23:54 Empathy and Leadership: Lessons from Chris Voss35:29 Family Business Dynamics and Permanent Relationships40:25 Succession Planning and Family Constitution42:26 Balancing Work and Family Life43:01 The Importance of Family Legacy45:16 Challenges of Modern Family Dynamics51:08 The Role of Real Estate in Family Wealth54:29 Unique Approach to Real Estate Investment01:08:59 Market Trends and Future Outlook01:14:33 Self-Care and Leadership01:21:21 Conclusion and Final Thoughtshttps://freedbyrealestate.com/ https://www.youtube.com/@freedbyrealestatehttps://www.linkedin.com/in/michaelkramerfbre/https://www.instagram.com/mtkramer_/https://www.facebook.com/GetFreedByRealEstate/Bio: Mike Kramer is the CEO and founder of Freed By Real Estate, a private equity real estate investment firm specializing in value-add multifamily properties. His business journey began at a young age after a family tragedy left his family in a financial crisis, sparking his determination to build wealth. Over the years, Mike bought and sold several businesses, gaining valuable insights. Michael believes that failing is part of the process and he has much to share on how that has shaped the systems and processes that he uses today. In 2016, a life-altering accident caused Mike to lose vision in one eye. This experience shifted his focus from merely building wealth to creating passive income. With over 20 years of real estate investing experience, Mike has built a portfolio valued at over $40 million. He is fully committed to helping others achieve financial independence through real estate, offering investors the opportunity to build generational wealth. Additionally, Mike's entrepreneurial background has shaped him into a thoughtful and effective leader. He co-authored the Amazon best-selling book Empathetic Leadership: How to Build Trust and Drive Results with world-renowned hostage negotiator Chris Voss, blending his business expertise with powerful insights on leadership, communication, and negotiation.