While we may have different definitions of success, we all want to be successful. However, the journey isn’t easy and is filled with challenges that make it hard to achieve our dreams. Learning from others helps us avoid some common pitfalls and encourages us to push on. Here’s what you can learn from business mogul Bobby Castro.
Castro is an award-winning entrepreneur and real estate investor. He’s also the founder of Bankers Healthcare Group. Starting the company in 2001, Bobby Castro single-handedly built the business without the help of investors and later sold the company at $1 billion. Today his story is a source of inspiration to many in the industry.
Here’s what you can borrow from him:
- Adopt a growth mindset.
Getting started, Castro struggled financially and didn’t have much experience running and operating a business, but that didn’t stop him. He started small and worked towards his dreams. Castro believes that while money is essential to succeed, without a growth mindset, scaling up a business is challenging.
To get to his goal of financial freedom, he started investing early on and taking full responsibility for his choices. Before making any decision, he notes he would weigh the options available and pick the most favorable for his business.
- Your past does not define your future.
In life, you encounter different challenges. While some you have control over, others you may not. Through his story Castro shows people that your current situation shouldn’t stop you from achieving your dreams; you can rise above it.
Although Castro had no money, through hard work, he has risen to become a self-made multi-millionaire. He currently owns an extensive portfolio of multi-family properties and has been featured in major publications such as Forbes, The Wall Street Journal, and CNBC.
- Learn from your mistakes.
The path to success is daunting, and you face various roadblocks along the way. “To get to your destination, you must learn to face obstacles head-on,” says Castro. According to Castro, while he has made tons of mistakes and failed several times, he has reached the top by choosing to rise after every challenge.
“Failure is not fatal unless you choose to make it,” says Castro. He adds what matters most are the lessons learned and how you apply them.
- Believe in yourself.
“At the start of your journey, very few people will believe in your idea,” says Castro. Many will try to bring you down and show you why you might fail. Castro notes that by believing in yourself, you become more confident and determined to live your dreams, which attracts more clients.
- Just do it!
“There’s never a perfect time to start anything, and the more you procrastinate, the more you derail your success,” notes Castro. Rather than living a life of regret, he advises that you take the first step. Unless you start, you will never know the outcome.
In conclusion, what separates winners from losers is their general approach to life. With only a 9th-grade education and a yearning for financial freedom, Bobby Castro made his wildest dreams come true. The above lessons from his journey to success are a good start and a perfect guide to help you attain your goals.