Eugene Nilus emigrated with his family from Ukraine to San Francisco in 1997 at age 19. He started college but didn’t finish. He spent more than 20 years in tech as an engineer and then marketer. He got involved in Real Estate 3 years ago. After being laid off, he decided to devote time to grow the hard money lending business. He has been married for 14 years to his wife and raising two great kids.

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Guest Resource

Y2 Lending – Schedule an appointment with Eugene to learn how you can get double digit returns with low-risk investments backed by real estate!

3 Value Bombs

1) Do not be afraid to fail. Do not get stuck in education mode and analysis paralysis. Educate yourself a little bit, take action, and surround yourself with people who have already achieved what you want to achieve.

2) There are so many beliefs we hold from childhood; so many of these are false perceptions of what’s possible and what’s not.

3) If you’re thinking about getting into private money lending, #1 is education, #2 is product, #3 clients, #4 capital, and #5 education.

Sponsors

Podopolo: The best podcast listening app in the world is here! Visit Podopolo.com, download the app for free, mention John Lee Dumas (my Podopolo username) when you sign up, and start listening now!

HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!

Show Notes

**Click the time stamp to jump directly to that point in the episode.

Today’s Audio MASTERCLASS: From Engineer to Marketer to Bank Operator with Eugene Nilus

[1:37] – Eugene shares something that he believes about becoming successful that most people disagree with.

• The law of attraction is not really a scientific law, it’s more of a philosophy. What you focus on is what you attract into your life.
• In order to change the vibration we are in, we need to change the paradigm.

[3:30] – Eugene’s backstory: from engineer to marketer to bank operator.

• 20 years in tech. He started out as a web developer and found himself doing sales, then got his license in real estate and went to work for a mortgage company.
• He loved the face-to-face interactions.
• He joined various different free and paid groups to learn more about commercial multifamily apartments

[7:07] – What is private money lending and what is its role?

• It’s not your traditional bank where you go to get a loan. It is a group of people or an individual who can lend you money at a higher percent rate than a traditional bank.
• In terms of capital, you can leverage your good credit score and your business score to open a credit line, or use money from private investors and use their capital.

[13:13] – A timeout to thank our sponsors!

• Podopolo: The best podcast listening app in the world is here! Visit Podopolo.com, download the app for free, mention John Lee Dumas (my Podopolo username) when you sign up, and start listening now!
• HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!

[15:45] – How can private money lending create a stable income?

• On the front end, he charges a little bit more than what the investors’ APR on their money is.
• We help our clients get the loan, and we help our investors earn money on their money.

[16:45] – 10 things to work on in order to keep the dream alive.

• Keep your brain and body healthy through exercise and working out.
• There are so many beliefs that got placed in our brains when we were kids; many are false perceptions of what’s possible and what’s not.
• Surround yourself with people who already have achieved what you wanted to achieve.
• Invest in self-development.
• Push yourself every day to do uncomfortable things.
• Focus. Block time to work on priorities.
• Balance work and home.
• It’s important that your partner understands your goals, gives you support, and believe in you.
• You are the product of your environment. Surround yourself with successful people.
• Create high goals so your brain starts to think a little bit differently.

[24:23] – Eugene’s key take away and call to action.

• Do not be afraid to fail. Do not get stuck in education mode and analysis paralysis. Educate yourself a little bit, take action, and surround yourself with people who have already achieved what you want to achieve.
• Y2 Lending – Schedule an appointment with Eugene to learn how you can get double digit returns with low-risk investments backed by real estate!

[28:11] – Thank you to our Sponsors!

• Podopolo: The best podcast listening app in the world is here! Visit Podopolo.com, download the app for free, mention John Lee Dumas (my Podopolo username) when you sign up, and start listening now!
• HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!

Killer Resources!

1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!

2) Free Podcast Course: Learn from JLD how to create and launch your podcast!

3) Podcasters’ Paradise: The #1 podcasting community in the world!

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