The Psychology of Wealth: Building a Purpose-Driven Real Estate Investment Career with Phil Restivo | E35

Phil went from not being able to get a job, to owning his own plumbing business, flipping houses, and owning 7 rental properties. In this episode I sat down with my friend Phil Restivo.  A resilient and motivated person who doesn't take no for an answer.  He is a plumber by trade but as you will find out in this episode, he is truly someone with a deep thirst for learning.  Not knowing how to do something has never stopped him, and propelled him to owning his own business and multiple properties which he uses to rent out. Phil shares how he overcame personal and professional hurdles, from battling severe sleep apnea to navigating life with ADD. Phil's story is filled with invaluable insights and inspiration from someone who is determined to get what he wants. Join us as we uncover the transformative moments and pivotal decisions that have shaped Phil's unique path towards fulfillment and purpose. Bio: Phil Restivo is a hands-on kind of guy who found his passion for craftsmanship at a young age. He decided to attend a technical school that offered hands-on training for half the year and academics for the other half. Although he initially saw it as a way to "get out of work free," he found that the school provided him with valuable trade skills. He graduated with a focus in plumbing, but struggled with the idea of not going to college.  After not being able to find a plumbing job because of a bad driving record, he started working on cars for money.  He worked at various body shops for a few years before returning to plumbing.  After getting his license, and inspired by believing he could run a company better than the people he worked for, he opened up his own plumbing business.  As someone who gets board easily, he then moved his interest into real estate and began to research it obsessively, while at the same time picking up work in home remodeling.  Years later he finally had a down payment for his first home that he flipped in a few months.  He was hooked after that and today Phil has 7 rental properties while still running his plumbing business.   ✨ FREE GUIDE: Soften Your Inner Critic in 7 Days: A Guide to Stop Getting In Your Own Way📍 Timestamps:00:00 – Introduction00:53 – Early Life & Schooling02:00 – Lessons from Tech School04:25 – Early Career Path Choices06:11 – Learning Through Setbacks08:11 – Plumbing & The Apprenticeship Challenge11:31 – Gaining Experience & Getting Licensed13:06 – Real Estate Aspirations & Starting Side Hustles16:21 – Cross-Country Travel: A Pivotal Moment22:13 – Starting a Plumbing Business from Scratch24:30 – Taking Any Work & Finding a Mentor30:10 – Business Growth & When to Hire Help31:06 – Diving into Real Estate: First House Flip37:10 – Learning from Flips & Shifting to Rentals44:07 – Expanding Business: Rehab Work & Real Estate Strategy51:55 – Managing Multiple Properties & Work-Life Balance53:43 – Pushing Through Setbacks & Staying Motivated57:59 – Learning Styles and Personal Development61:16 – Self-Limitation, ADD, and Building Self-Confidence67:23 – Purpose vs. Happiness: What Really Matters?73:10 - Closing 💡Key TakeawaysIn this episode you'll learn:How to take a nontraditional pathHow to become a plumber How to overcome self doubtHow to navigate real estate investing How to flip a house and become a landlord How to learn how you learnHow to overcome ADHD How to use your ADHD as a strength How to learn through failureHow to manage multiple properties and a businessHow to shift from chasing money to seeking personal purpose  🚀 Start Here If You’re New1. Overcoming Imposter Syndrome: How to Trust Your Success as a High-Achiever | EP 452. Overcoming Others' Expectations: 3 Stages to Living an Authentic Life | EP 483. Should You Quit Your Job? How to Know When it’s Time for a Career Pivot | EP 39 👥How To ConnectWorkingtowardsourpurpose.comWatch on YouTubeSubstackInstagramLinkedInWTOP MerchFeedback Form WTOP.comConnect with Phil Restivo:PR Mechanical Systems