• Jimmy J Tran - FIRE Advocate, Entrepreneur, Civic Leadership, Real Estate Investor

  • Jun 10 2020
  • Length: 39 mins
  • Podcast

Jimmy J Tran - FIRE Advocate, Entrepreneur, Civic Leadership, Real Estate Investor

  • Summary

  • Resources Mentioned:

    • Rich Dad Poor Dad
    • Million Next Door

    Show Notes:
    0:41 Jimmy J Tran Introduces himself
    1:13 Jimmy talks about his LinkedIn Article "I Got laid off and I'm done sugar coating it!"
    1:40 Jimmy talk about his Vietnamese roots
    2:!5 Jimmy talks about his education
    3:04 Jimmy talks about his early career in Strategy Consulting
    4:50 Jimmy talks about Graduate School and moving to an in-house consulting role
    4:42 Jimmy talks about getting laid off on April 30th
    5:30 Jimmy talks about the significance of the date he got laid off in history
    6:20 We talk about "doing more" and how that looks for Jimmy
    9:30 Jimmy talks about how doing more has led to a pre-existing Plan-B
    10:12 Financial Independence and the FIRE movement
    15:40 Let's talk about the journey to reinvent yourself
    18:15 Opening his first broker account at 16 years old
    19:20 Following his dad around as he buys foreclosures
    22:00 Talking about mentorship and people who have inspired Jimmy
    23:30 It's Not just big icons, but also the people who are around me
    24:10 How would you guide and advise someone just starting to go down the FIRE path?
    25:55 Compounding interest is the 8th wonder of the world
    28:08 Talking about the lack of financial education in the US Education system
    29:21 Does anyone out there have financial literacy figured out?
    31:14 What's next for Jimmy? What are your next steps?
    31:32 Highest and Best Use for my time and family life
    32:33 Investing and growing his investment company Oaklawn Investments LLC
    33:13 Starting a small business via franchise license for Code Ninja
    34:03 Civic Involvement is also a big driver
    34:28 A key observation Jimmy make around FIRE opportunities
    35:38 Talking about the risk of entrepreneurship or going out and trying something new.
    36:08 Don't put all your eggs in one basket
    36:55 What was the last thing Jimmy bought on Amazon?
    37:23 Getting a hold of Jimmy
    38:18 Closing

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