Fired Twice to Building a $7 Million Real Estate Empire
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概要
We’ve got a great episode of Give It A Nudge today as Steve sits down with Nima Kermani, the founder of Kermani Capital. Nima’s business has seen exponential growth over the last year, but the road to building a $7 million property portfolio wasn't exactly a straight line.
Nima shares the story of how getting fired from his last job was the final push he needed to go all-in on his own business. We dive into his history as a hyper-productive paperboy at age 13, and the brutal life lesson he learned at 17 when he lost $10,000, his entire life savings at the time, to an online scam.
The conversation also touches on the patterns in Nima's career, including the time he tried to work two full-time finance jobs simultaneously, his brief stint as a model, and the terrifying transition from being a solo operator to hiring his first staff members. To wrap things up, Nima puts Steve in the hot seat to talk about the hardest lessons he’s learned about ego and leadership.
Timestamps
00:00 - Intro and the exponential growth of Kermani Capital
01:14 - Getting fired and why Nima finally decided to give it a shot
05:24 - The wealthy parents banter and the guarantor loan shortcut
07:15 - The 13-year-old paperboy hustle and losing his savings to a scam
14:53 - The secret to landing jobs: Applying for 1,000 positions at a time
16:46 - The pattern of getting fired and working two jobs at once
18:54 - Addressing the rumors: Nima’s history in modeling
23:18 - The fear of the first hire and the reality of founder responsibility
27:02 - Future plans for Kermani Capital and launching a property fund
30:35 - Renting by the room: Solving the housing shortage while boosting yield
32:29 - Steve's hardest lesson: Dealing with internal turmoil and ego