Building Wealth the Smart Way with Louis Omar | Everyday Is Friday 365 EP. #137

🔗LUIS OMARaskluisomar | Instagram, Facebook | LinktreeThe H in Hard Money Bookhttps://motiapp.com/profile/askluisomarhttps://www.instagram.com/askluisomar?igsh=dGl4ZDc1bDc3dXFw@everydayisfriday365(Shopify) - https://everydayisfridaypodcast365.myshopify.com/(Esty) - https://www.etsy.com/shop/everydayisfriday365/?etsrc=sdt(Everyday is Friday 365) - https://dot.cards/everyday_is_friday?e=ZGV2aWNlLXlwbHNxZGNzdnJyaXNwd2dmOGs1ZWw4ZDgtYy1ibA(Matty B43)Host of The Everyday is Friday 365 - https://dot.cards/matty_b43Join the community and keep up with the latest episodes, behind-the-scenes content, and more!“This podcast is produced and managed by Organized Confusion LLC.”Disclaimer: Everyday Is Friday Podcast 365 is for entertainment and informational purposes only. The views and opinions expressed by guests and hosts are their own and do not necessarily reflect those of the podcast. This content is not financial, legal, medical, or professional advice. Always do your own research and consult with a qualified professional before making any decisions. Listener discretion is advised, as topics may include strong language, controversial discussions, or opinions that challenge conventional thinking.Show Noteskeywordswealth building, real estate, financial literacy, mentorship, generational wealth, hard money loans, investment strategies, business mindset, accountability, discipline, financial planning, media branding, family relationships, personal growth, education, spirituality, fatherhood, success, motivation, resiliencesummaryIn this episode of the Every Day is Friday podcast, host Matthew speaks with Louis Omar, a seasoned mortgage lending expert and real estate professional. They discuss the importance of financial literacy, the impact of upbringing on wealth-building perspectives, and the significance of mentorship. Louis shares his journey from growing up in the Bronx to becoming a successful loan officer, emphasizing the value of relationships in business. The conversation also covers practical advice for beginners in real estate, the role of discipline and accountability in achieving success, and the future of the real estate market. In this conversation, Omar shares his journey from humble beginnings to becoming a successful entrepreneur. He emphasizes the importance of financial planning, the power of media and personal branding, and the significance of family and relationships. Omar discusses the value of embracing failure as a learning opportunity, the role of education and attitude in achieving success, and the impact of faith and spirituality in his life. He also reflects on the lessons learned from fatherhood and the drive for success, while highlighting the importance of giving more than you take in life.takeawaysFinancial literacy is crucial for building wealth.Mentorship can significantly impact one's financial journey.Growing up in a challenging environment can teach valuable lessons about hard work.Building relationships in business is essential for success.Transitioning careers can lead to greater opportunities.Real estate is a powerful tool for wealth building.Understanding tax benefits is key to maximizing income.Discipline and accountability are vital for long-term success.Sports can teach valuable lessons about competition and teamwork.Planning for generational wealth is important for leaving a legacy. Financial planning is crucial for peace of mind.Media presence helps in personal branding and business growth.Family relationships are foundational to personal success.Embracing failure is essential for growth and learning.Education goes beyond school; it's about life experiences.Building strong relationships leads to more opportunities.Faith provides strength and perspective in challenging times.Fatherhood brings responsibility and purpose to life.Success is driven by a desire to improve one's circumstances.Fridays symbolize family time and connection.titlesBuilding Wealth the Smart Way with Louis OmarFrom the Bronx to Business Success: Louis Omar's JourneySound Bites""You can't fake that."""Moments create momentum.""You gotta move with purpose."Chapters00:00Introduction to Wealth Building with Louis Omar03:09Generational Wealth and Parenting Perspectives06:22Lessons from the Bronx: Hard Work and Opportunity09:09The Journey into Real Estate and Mortgage Lending12:28Building Relationships and Community in Business15:21The Importance of Integrity in Real Estate18:12Real Estate as a Wealth-Building Strategy21:18Navigating Challenges and Building Resilience24:11Starting in Real Estate: Tips for Beginners27:26The Role of Competition and Teamwork in Success30:05Making Clear Decisions in Life and Business34:32The Nature of Competition and Brotherhood35:03Understanding Hard Money Loans38:01The Importance of Exit Strategies in Real Estate42:13Navigating the Real Estate Market45:15Lessons on Generational Wealth52:17The Role of Media in Business57:07Personal Growth Through Discipline and ...