How can you start your generosity journey now with the budget you currently have?

In this episode, Jeff, Jeff, and Ivan discuss:

• Learning from all work experiences.
• Lessons from living upside down.
• Navigating partnerships.
• Starting your generosity path early - and bringing your family into your giving at all levels.

Key Takeaways:

• There is no need to go into debt to fund your lifestyle.
• When working with others, the sum of the whole is greater than the individual parts. But recognize there will be challenges and debates, and see the blessings in each other’s strengths.
• Give before you’re ready. Start small and increase incrementally, even if only 1% annually.
• Sharpen your iron around those who are also doing great things around you. Build a community of strong individuals around you to raise and strengthen one another.

"I would be an evangelist for peer groups, whether they are faith-based or not. Of course, faith-based is a plus, but getting around some like-minded individuals that are going through the same thing I am, and having a group that I can talk to and be vulnerable with, and then mirroring that with some sort of coaching or mentorship or advising. Those two aspects have been rocket fuel for my trajectory." — Ivan Barratt

Episode References:

• Firefly IN: https://fireflyin.org/

About Ivan Barratt: Ivan Barratt is a 20-year veteran of the real estate industry and currently serves as founder and CEO of The BAM Companies (BAM Capital, BAM Management, and BAM Construction). Ivan is a multifamily owner, fund manager, and syndicator who specializes in large apartment communities in the Midwest. Since 2015, he has raised over $250 million in equity, acquired well over 5,900 units, and grown The BAM Companies to a best-in-class, four-time Inc5000, private equity, and management firm. Today, Ivan focuses his time on equity finance, acquisitions, and company strategy. Currently, his firm manages $700 million in assets. Ivan is an active member of the Young Presidents Organization (YPO), the National Multifamily Housing Council (NMHC), serves on the executive board of the Indiana Apartment Association, and is a member of The Penrod Society, a not-for-profit arts organization. He enjoys public speaking and has been on countless podcasts discussing real estate, entrepreneurship, and personal growth. Ivan lives in Carmel, Indiana, with his wife and three children.

Connect with Ivan Barratt:

Website: https://thebamcompanies.com/

YouTube: https://www.youtube.com/c/BAMCapital

LinkedIn: https://www.linkedin.com/company/thebamcompanies/

Facebook: https://www.facebook.com/BAMCapitalGroup

Instagram: https://www.instagram.com/bamcapitalgroup

Connect with Jeff Thomas:

Website: https://www.arkosglobal.com/

Podcast: https://www.generousbusinessowner.com/

Book: https://www.arkosglobal.com/trading-up

Email: jeff.thomas@arkosglobal.com

Twitter: https://twitter.com/ArkosGlobalAdv

Facebook: https://www.facebook.com/arkosglobal/

LinkedIn: https://www.linkedin.com/company/arkosglobaladvisors

Instagram: https://www.instagram.com/arkosglobaladvisors/

YouTube: https://www.youtube.com/channel/UCLUYpPwkHH7JrP6PrbHeBxw