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Gideon Spencer –  Upgrade Your Investor Mindset

Join Bronson and Nate on another episode of the Mailbox Money Show with Gideon Spencer, boutique hotel investor and host of The Hunt for Incredible. Gideon shares how mindset drives success, recounting his pivot to boutique hotels amid his wife’s illness and family health crises. Learn the WAVES method (Why, Authenticity, Values, Exploration, Statement) for decision-making, uprooting self-limiting beliefs through journaling, and leveraging high-leverage rooms for growth.

Discover why boutique hotels offer superior returns in a saturated multifamily market, and how habit stacking amplifies personal development. Tune in!

Get my new book: https://bronsonequity.com/fireyourself

Full Transcript:

Bronson Hill: All right. Welcome. Welcome to The Mailbox Money show. I’m your host Bronson Hill.

I am super excited today. I’m excited most days, but I’m especially excited today because we’ve got an amazing guest. We’ve got Gideon Spencer who I was on his show recently. He does boutique hotels and just an awesome guy. Just a really great networker, great mindset guys. 

We could relate on a lot of those things and just say, I just have some great values as well. But I want to welcome my co-host. I’ve got Nate Hambrick with me in the house. The two-time best-selling author of their especially the recent book the 18 laws of leverage.

How’s it going Nate?

Nate Hambrick: How it’s going? I’m excited to chat with Gideon today. It’s gonna be an awesome chat.

Bronson Hill: We’re gonna have a good time, you know. Let’s talk about this for a minute, Nate. I know we’ve had some really unique different assets on this show. And I think we had boat marinas recently. We’ve had and we did before, coffee farms in South America in the past. I guess when you look at a new asset that you haven’t invested in before, how do you kind of get comfortable with that?

Nate Hambrick: Ultimately, you know the old adage that you have to hear something seven times before you retain it. I would apply that to investing. You have to hear seven people talk about the asset in seven different ways to where you can fully have a grasp on it. Because even if you understand what they’re saying at the end of the day, you don’t really understand something until you’ve done it yourself. Or you’ve had enough conversations from enough different viewpoints that you understand at a baseline and can regurgitate it in your own words. So that’s why I love these conversations, because you don’t know what you don’t know until you hear somebody talk about it.

Bronson Hill: Then that really is. And some of us think, well, I guess I’m just a slow learner. It’s like, well, we’re all kind of that way. We all kind of need to hear some different things in different ways and different times. And Nate you’re one of the smartest guys I know, so for you to say that, thanks for being vulnerable. And you’re definitely not slow. You’re like the rest of us. That’s good to know.

Awesome Gideon. Welcome to the show super excited to have you, brother.

Gideon Spencer: Yeah. Thanks for having me on I’m stoked.

Bronson Hill: Awesome, man. Well, we had a great chat. One thing I wanted to talk to you about before we get into boutique hotels is that, I think you and I have a lot in common. Where we are, we love being in great rooms. We put together great rooms, put together great boutique events. You do boutique hotels and boutique events that are hand-selected with people to try to help grow. What is it about being in a room or at a high-ticket or some sort of event where, you kind of be a part of it? What really opens up when you’ve been a part of some of those events.

Gideon Spencer: So, I would say it really comes down to being effective with your time and resources, right? So, if you are trying to accomplish something brand new, like for me, it was buying boutique hotels. The best way to do that is to engage with people who have done the thing that you’re trying to do. So, the next question is, how do I engage with people who have done the thing that I’m trying to do? And the answer is to go to where there’s a high concentration of those people, right?

This goes for anything, whether you’re selling a product, you’re selling makeup. How do you go to a spot, find a high concentration of people who will consume that product? And so that’s really what these boutique rooms are. I would rather go to a room with only 30 people, and of those 30, 25 of them are exactly who I’m looking for, over going to a thousand people and 1% of them are who I’m going for, right? So, just being much more effective with time. I’m also not at all a fan of these big conferences for people who like them.That’s  great. Go for it. 

I would much rather be targeted about reaching out to specific people on social media. Or curating a room with a high concentration of people who I care about building meaningful relationships with. So, like, at the end of the day, we’re tribal social creatures, and we only have the capacity people in our minds at a time. So, making sure that those people are as high-quality as possible, and in as high-concentration a room as possible, is generally the most effective strategy I’ve found.

Bronson Hill: I think that’s huge. I mean, I think, one thing I’ve realized, I’m a people person. But I get peopled out. And if I have to go through ten people to get to one person who’s actually the person I want to talk to, I’m kind of done. You know, I got there’s three people, I got it done.

So, if you curate a room, it can create magic. And the way I can describe this is, somebody is there, you give a group of peers, you start kind of, you know, masterminding on a problem, which is just getting two or three or more together just kind of, how do I solve this? How do I… And for wealthy people it’s not just how do I make more money and how do I invest more? Those are definitely a part of it like the group, we do the Wealth Forum, which is high-net-worth people. But a lot of it’s, like we were talking it’s how do I raise my kids so they’re not spoiled? How do I…

What’s next for me in life? I’ve achieved all these things. What do I do?

How do I get back to the world? And so, I think it can be incredibly incredibly valuable. Nate, why don’t you talk for a minute, what you’ve gotten from being in amazing rooms, and how you determine what events you’re gonna be a part of. So, there’s things going on all the time, and you have two young kids now or you have one on the way, right? Is that you’ve got a good handful.

Nate Hambrick: My daughters due here in February

Gideon Spencer: Hey congrats, man. I have a one-month-old little girl, so I’m like and it’s my first so I’m I’m fresh into it All hands on deck man.

Bronson Hill: That’s like boot camp right there. It’s any time of day or night.

Nate Hambrick: I’m excited to be a girl dad and I’m you know this has been on my mind a lot, Bronson, because I just spoke at the residential assisted living conference on Friday so like three days ago and when I get in those rooms, and I need to get into more of them, I probably do it maybe 12 to 15 times a year. So about once a month, you meet one or two people that think about life differently than you, that have been either the same success or more successful than you but specifically people that think differently than you, that challenges your perspective on on the way that you view life.

And so I’ll give you this is kind of a random example but my wife and I were just talking about it. I was at a conference the whole entrepreneur summit about three four weeks ago, and I met a guy, and he does credit card points swapping. So he takes credit card points on one card, moves it over to Chase, moves it over to this card, moves over to this card and by the end of it, he has a $60,000 trip to Europe paid for an United Emirates in those private suites.

Now I’ve never been on a suite inside of an airplane, okay. But for the low low price of a grand you can hire this guy to take the credit card points you are swap them all around in a bazillion different ways and then give you these free trips. I did not know that was a thing.

Now is a free trip to Europe gonna absolutely change my life forever? Maybe for my wife actually, that’s actually. But no matter how successful you are, no matter how good you are at raising your kids, you’re gonna meet these people that know something that you did not, not only did you not know how to do it, you didn’t know it was a thing, right?

And so that’s what I love about the wealth forum that’s what I love about our Limitless. You meet these people that think about life from a completely different lens. And so I was just having multiple conversations with my wife about it, of like I am gonna prioritize those events. I’m gonna prioritize those rooms, and then I’m gonna stop work at 1 p.m. or 2 p.m. every single day.

And eventually I’m gonna stop work at 10 a.m. every single day. Because those events are so high leverage they put me in with the right people that consult different challenges at a much higher level that I don’t have to work like everybody else. And as a future girl dad, that means that I get to be present with my daughter and my son. I hope to have four or five kids maybe more, who knows I get to be present.

Bronson Hill: So when you’re done by 10 a.m., you got to, you know, fill your time somehow, right? 

So, Gideon, I know you your show is The Hunt for Incredible, and I was, talking about incredible. I was really impressed by the way that you really develop yourself. What are some ways that you are intentional on growing like what’s your idea about growth mindset, and how you try to improve just from a personal development standpoint?

Gideon Spencer: Oh Man, that is such a good question and I feel like that is such a fundamental and high leverage question. I always view questions in terms of their leverage. Like how many questions does this one question answer, right? It’s like how do you distill down to a single question, a way that you can level up your life across the board, right?

So that’s high leverage. Lower leverage might be like, oh, how do I improve my bicep, right? It’s like, okay the answer to that question only improves your bicep. Whereas the question of how do you level up your life as a whole is very high leverage. It spans across it might include the question of how to improve your bicep, how to improve your finances, etc.

So, I love how fundamental that question is. I would say it starts and we talked a lot about this on my show too. It starts with the mindset of how you approach any question. And the mindset that I prefer to approach is one where I am genuinely trying to discover the authentic version of myself.

So we live through life we go through life with these false narratives that we believe about ourselves. So, like, oh, I’m, you know, I’m not very social, people don’t like me. I’m unattractive and these are all built off of experiences that we’ve had in our lives that create these false narratives. Like, maybe I think I’m ugly because Sally in second grade told me I had a funny nose. And so since then, I’ve been self-conscious about my nose, thinking I’m ugly. But Sally doesn’t know anything about noses.

Like why is she the one who determines my beauty.

Bronson Hill: Quick question, have you ever taken the Landmark Forum?

Gideon Spencer: No, I haven’t.

Bronson Hill: If you heard this so there’s a group called Landmark Education I want to mention one sec, because I just went through it for the third time. It’s a three-day kind of transformational event. It’s very different. Nate, he’s gonna come tonight there’s an info webinar on it. And it’s like it gets into this, like, the story that Sally made about my nose, about my life, whatever and we live out of those stories as an adult.

So, for example, I was seven years old. My parents are divorced, my mom came in, and so that your dad and I get into divorce. I felt like the story, I mean as a seven-year-old, was if I were more important, my mom would still be here, right?

And so I just felt like I have to be important. I’ve got to be exceptional. I’ve got to be an achiever. 

So a lot of my achieving comes in that place, which is not a healthy place, right? It’s not an authentic place. It’s a place that’s a hustle but it came from a seven-year-old who made up a story. 

And as a 40-year-old, I’m still living out of that story. As I realized, oh this was never true in the first place all kinds of options open up.

So you sounds like you’ve been able to create a more authentic way of living out of kind of breaking down those stories.

Gideon Spencer: Yeah, 100%. So the first step is knowing and accepting that 90% of what you believe about yourself is fabricated and built off of these external factors or experiences that can be…

First acknowledging that these are false narratives. Second is accepting that they can be rewritten with the same level of efficacy that they were originally written with. And then the third step identifying those things and adjusting them. By the way, I’m getting some… some static.  I don’t know if that’s just me.

Bronson Hill: Maybe we can mute if we’re not talking, maybe we just kind of mute ourselves there.

Gideon Spencer: Okay, yeah. So that’s the first part is, you know, really questioning and challenging these narratives that we believe about ourselves.

Number two is realizing that we can rewrite them with the same level of efficacy that they were originally written with, with the same speed. So, when we’re born, we’re born with two fears and two fears only. The first is the fear of falling, and the second is the fear of loud noises. Everything after that is fabricated based on experiences.

So, with that, we lead to the third step which is identifying those things. And what I like to do is I write out I am statements, right? So everybody’s like, oh, affirmations. I do that too. I take it a step further, and I identify the affirmations that I don’t believe with my full heart. And then I break down why I don’t believe them.

So, perfect example I’ve been playing with the idea of starting a mastermind for about a year and a half. And when I was listing out the affirmations, one of them was like I have a community with X number of people, and I’m changing people’s lives. And I looked at that, and I realized, like, oh I don’t believe that I can actually do that. Like, I don’t believe that I can build and scale a community that changes people’s lives.

So, the next step was I wrote out all of the reasons why I didn’t believe it was true. In other words, I was writing out my self-limiting beliefs the things that were holding me back that exclusively lived in between my ears. And once I wrote it out, I wrote out I don’t believe that I can maintain high-quality relationships with a large group of people over a prolonged period of time. Like, that was the core of what I realized I didn’t believe. I didn’t believe I could effectively maintain good friendships with this skilled group for a prolonged period of time. And when I broke that down and I asked myself why I didn’t believe it, I realized that it was a lie.

I have no idea where in my life that was introduced, but I love public speaking. I love hopping on podcasts and chatting with great people like you, and I have friends that I’ve had for decades so I can maintain relationships for prolonged periods of time. So why wouldn’t I be able to maintain scaled relationships for prolonged periods of time?

And it was in that moment literally just from writing it out and looking at that self-limiting belief and realizing there’s no evidence as to why that should exist that, in the snap of a finger, that self-limiting belief was removed. And I was able to move forward with kicking off the community and changing people’s lives.

But it all started with identifying this. And I I had been wanting to start a community for over a year. It was an idea that I was like, I would love to do this, but I was just busy doing other things. And I I didn’t believe in myself that I could do it until I identified the lie that I had been living, that had been planted somewhere in my life, that didn’t belong there at all.

Nate Hambrick: So I’m loving this Gideon, this is amazing. I was gonna ask you so it’s a two-parter. I’ve realized, as you were just mentioning this, one of my limiting beliefs is I believe one of the things I struggled to believe is that I struggle to believe I can change multiple things at once, right? I’m really good at the I am statements to some extent probably not as good as you are, Gideon.

I am good at uprooting some of those lies that are holding me back. But one of the lies that just came up is I’ve got 12 lies I need to defeat, I can only do one at a time. And so I’m curious in your experience, because you’re obviously really good at this. Has that sped up your ability to overcome those lives? Like, do you feel like you’re at a point where you can just uproot them really, really quickly? What are some tips on just moving through this process at a faster pace?

Gideon Spencer: Yeah, so I would say two things. Number one is back to the back to the leverage. These high-leverage adjustments that tackle multiple lies, right? So, like, let’s say you have the lie that you don’t believe you can be fit, right? Like, oh I’m overweight. I’ve tried to lose weight multiple times. I don’t think that I can be disciplined, and I don’t think that I can be healthier, right? And so that’s what’s holding me down.

But if you make the adjustment where you set out your running clothes and your shoes next to the bed every single morning you wake up and, like, without even thinking, you hop in your shoes, you run out the door before you even think about whether you should do it or not you start running. Now, suddenly, you’re making two adjustments at once. You’re changing your health, and you’re impacting your discipline, right?

So that’s higher leverage than just choosing one or the other. So that’s the first thing I would say is, like, it is oftentimes most effective to just choose one thing at a time. But there are opportunities for higher-leverage things. Like, for example, me saying, like, oh I don’t believe I can maintain scaled relationships over a prolonged period of time. I was, in my mind, saying, like, I can’t do these three things that stack up on top of each other that would enable me to do this thing. And it was by removing that lie that literally in a snap just vanished.

So, there are multiple things that I changed just from identifying that one high-leverage lie that was holding me. 

Bronson Hill: Yeah wait, wait reminds me. Well, quite just to interrupt you the idea of, like, you will know the truth, and the truth will set you free. There’s some things that we like I shared on my story that if I’m believing something that’s not true, it’s a lie. It has so many impacts.

And then what you talked about too it reminded me of what James Clear talks about the idea of habit stacking. Yeah, you’re like, oh when I brush my teeth, I do my affirmations, and I do ten push-ups, and I do whatever. But, like, there are certain things that it’s not just stacking it’s like one activity can be stacking, right?

So, it’s like I go to a high-level mastermind, and by doing that, I personally develop myself. I get in the room with amazing people. Develop a business network, I can learn something.

I actually have an opportunity to give back to other people. Also find a way to, like, reflect on how my life is working, right? So, there’s multiple things one thing can do and I’m a big fan of that too.

So, one of my goals is audiobooks. I have, like, a stupid goal each year.

So, this year, I think I’m at 90-97 books. And so, I listen to audiobooks, I read them, and… but it’s a goal.

So, I started playing some longer books now toward the end of the year, because I’m like I have a little space here. But but I realized, like, when I’m working out I went for a run this morning I can listen to an audiobook while I’m doing it, right? So, I’m kind of getting a two-in-one. I’m listening to something.

I’m growing my mind while I’m growing my body. So, it’s really fun. I want to talk all day and night about personal growth, because, like, this is my jam and I know it’s Nate’s jam.

But I also want to talk about hotels, and we’re gonna get into the podcast area of the show. So, I want to make sure we get to that. Because you’re killing it you’re crushing it in boutique hotels. Talk to us about how you got started in boutique hotels.

And then, I think you have some things about creative financing and how you, like like, how did you get going in this? Kind of just from a high level you have a mastermind that teaches people this. But, how did you get going in it? And what’s what do most people not know about this?

Gideon Spencer: Yeah, so I’ll give the brief overview of my journey and how I pivoted to it and then I’ll break down exactly how I dove in.

My background is in tech, and my wife and I were both from San Antonio, but we didn’t live there at the time. We wanted to buy a short-term rental as an investment and then also it’d give us a place to stay when we were in town for the holidays in San Antonio. So, we knew we wanted to buy an asset. And then, with my tech background, I’m constantly thinking of economies of scale. So I thought, if we’re gonna buy something, might as well fit as many doors under one roof as possible.

So, we looked for a four-plex. We bought it, we ended up renovating the units, and automated about 95% of it. So, the thing was ripping cash, and I was looking at this thing, I was like, dude this is a fantastic vehicle. I want to scale it up. During that same period of time, however, my wife was becoming incredibly ill.

Nobody knew it was going on with her. It started off with some mild brain fog, some migraines and so we took her to the doctor. They ran blood panels, and they all came back as nothing being wrong. And so we didn’t know what was going on. This continued to progress until it got so bad that she was bedridden for weeks at a time. Her brain fog was so bad that she had a hard time stringing sentences together. And we were basically like we took her, I want to say, to about nine doctors overall specialists, generalists ran every single test you can imagine, and everything came back as normal.

And so I had to have a lot of, like, really, really hard conversations long walks with a cup of tea just, like, talking to God, saying, like, I accept whatever you choose to do. Like, I literally laid everything out on the table, ran out of every single option I could think of. Just like I will say though, like, the valleys are where things grow. Everybody wants to be on the peak of the mountain, because that has the best view but life grows in the valleys. And so I really leaned into it and retrieved some of the most incredible nuggets of wisdom that I wouldn’t trade for anything in the world. So I’m very thankful for that season.

Within that season, however my mom, within a four-month period, my mom got a form of cancer that has a 20% survival rate, and my dad was rushed to the ER with heart failure, and they said he needs a heart transplant or he’s gonna die. He had about a 5% survival rate. And so the three most important people in my life were seemingly at death’s door. And I was hit with an experiential realization that there’s no reason as to why I should live a full life like, life can happen to anybody. We all have this, like, okay mid 70s.

That’s average life expectancy do the math. I have whatever, 45 years left. But the reality is that we could go at any moment, and there’s no reason as to why we should make it that long. And of course, everybody has the expression of, like, oh you could go tomorrow, and life isn’t life isn’t guaranteed, etc. But I was hit with the experiential realization, like oh, this like, actually, literally there’s no reason as to why I should wake up tomorrow, ’cuz life just happens.

And so with that, I was looking at my investment portfolio. I was seeing that my wife was bedridden. I realized that if anything happened to me, her quality of life would plummet, because I was the only one making money she couldn’t work. And so it forced me to choose a different investment vehicle. Like, I could not just scale a short-term rental portfolio I needed to get into commercial real estate to scale quickly. And so I needed a different vehicle.

Bronson Hill: While your wife was sick. So your wife’s literally been you’re like, I gotta do this yesterday.

Gideon Spencer: Yeah, my wife’s bed bound. I thought, like I need to I can’t just buy real estate. I need to build a company that buys real estate. Like, I need to get this ball rolling as quickly as possible, so if I get hit by a bus, she’s still okay like, planting seeds that the future is okay.

And so I pivoted to boutique hotels just scaling the model that I had just seen work so well. And again, I didn’t know a single person who even worked at a hotel, let alone owned a hotel.

So, back to what we were talking about before I looked for a high concentration of individuals who had done the thing that I was trying to do. So, I joined a group with multiple people who owned hotels. And to them, the way that they talked about buying hotels it was, you know, the way we talked about going and grabbing a bite to eat. It was just why wouldn’t I buy a hotel? What’s so crazy about buying a hotel.

Yeah, and just to, just really hit this thing home is, when we bought the hotel, there were people friends that I called and I’d let them know, like, oh, yeah, we just bought a hotel. And they’d say, oh my gosh that’s insane. You bought a hotel. I’d say, yeah about a hotel. Like, oh my gosh that’s like one of the craziest things I’ve ever heard. Never heard of anybody buying a hotel.

And then there were other people who I met through the process, and I called and said, yeah I bought a boutique hotel. And they’d say, oh, how many units? I’d say 24. And they’d say, oh, wow that really is boutique.

Bronson Hill: The crazy thing too and this is the thing once you start being about something big in your life, a lot of people just, like, they don’t know how to relate, because they’re not people that are creating a bigger future for themselves.

And so, like you said, oh my gosh that’s absolutely crazy. And it does sound crazy especially if you’re, like, starting, like you’re listening, you’re like, I want to do this for myself. It’s like, well, that’s crazy. Nobody’s done this, whatever.

But then you get in, and then, like I’ve raised 50 million dollars now. And that happened just from, like, putting one foot in front of the other and continuing to try to create the brighter future. But it still sounds crazy, right?

But but it’s only crazy until you you do it and you actually get some experience and then once you got the first one done You’re like, oh, okay. Yeah, it’s like buying a hamburger

Gideon Spencer: Yeah, and it’s not crazy to people who have raised 500 million dollars. It’s like, okay whatever you have to pay to get into the room where what you’ve done, like, feels small.

Like, when I saw those different conversations, I was like I need to be hanging out more with a guy who’s like, oh, wow that really is boutique. Like, those are the people who are going to shift my mindset and my perspective around how to engage the world.

So, I will engage it differently like, buying a 20 million dollar hotel doesn’t sound crazy.

It used to sound crazy. Now, it sounds like, oh, yeah I’d go. Like, I’m interested in going and buying a burger.

It’s just the only difference is the number of zeros, and the mindset, and how you approach it. That’s literally the only difference. It doesn’t matter.

It’s not about, like, oh do you know the right people? Do you know this and that? Like, yeah, that’s helpful.

But you pick those things up along the way after you’ve shifted your mindset, after you’ve stepped into rooms where people’s reality is your dream because then it stops being a dream. Now it becomes something that you live.

Instead of changing into, instead of, like, doing different things to get an outcome, you become the different person that can achieve those outcomes. And the best way to do that is to step into rooms where people have done it.

Nate Hambrick: So, walk us through, like the next level, because you’ve been very successful Gideon, right? You just shared what you did in the past. What are some of those next rooms that you’re trying to get into?

What are some of those current belief limiting beliefs that you have? Walk us through the process of how are you currently conquering some of those limiting beliefs? What are some of the new rooms that you’re trying to get into? What’s next on the horizon that you’re still figuring out?

And how do you go through that process?

Gideon Spencer: That’s really good question. So number one is doing the journaling exercise. Like I mentioned before. Listing out my goals in explicit detail.

I should be able to describe my vision in as crystal clear details. I can describe my present moment like, I’m sitting here, sitting on this chair, I’m talking to this mic, I’m talking to you guys. Like, I can describe this in excruciating detail. And that’s the level of detail that I need to be able to describe my goals and my vision.

The second step is then, so that’s that’s the lag measure. I’ll say the lead measure is listing out the individual goals that will take me to that further future. As I list out those individual goals, I ask myself which ones kind of freak me out now? Which ones don’t freak me out? And the ones that don’t freak me out need to be bigger so they freak me out. The ones that freak me out, I need to ask myself why do they freak me out?

So, it’s this process of it’s like working out at the gym. Like, you lift weights that are really heavy and hard, and it should hurt, and you should ask yourself why does it hurt? And it hurts because it’s stretching you, which is good. It’s tearing your muscle. And if you lift weights and it’s not hard, you should think about why you’re lifting such lightweight.

So, I’ll go through that exercise listing everything out and identify my self-limiting beliefs. I describe it to my friend as I’m looking for these layers of lies that I’ve layered on top of myself from what people have said, and I’m trying to find the biggest sledgehammer that I can find to shatter those to find out who, at the core of me, is Gideon.

Like, people walk around thinking that they know who they are, and that they’re them but they’re not. They’re this culmination of experiences and lies that they’ve lived. And if they just find a freaking big enough sledgehammer to smash it and to find out who they actually are, and what they actually want, what they’re actually capable of. People would have a lot more of what they’re going for.

Bronson Hill: Yeah, I want to go speed round here. This is awesome, and I love it. And you had a lot to say, and we got a lot to say as well.

So, if I’m new to hotel investing as a passive investor, how is it different than investing in apartments? And if you can give it just kind of short answers, that would be great kind of, this is what it is. And we kind of just want people to have an understanding of that like, as an investor, why would I do this?

Gideon Spencer: Yeah, so generally speaking, the return profile tends to be really strong boutique hotels, specifically. A lot of that is because they’re just they’re very cash flow heavy.

The other reason is because it’s a less saturated space but it’s becoming more saturated. So, over the last five years, for example, self-storage really popped off became very saturated. So the cap rates got really low, got really aggressive. Same thing happened to multifamily post-COVID. There’s a lot of big money that was just looking to preserve their wealth, and they parked it in multifamily.

Boutique hotels is the next wave that’s coming along with assisted living. So, Nate, what you’re getting into that’s another massive way from the silver tsunami. Also… Route Group is that with Alex slow?

Nate Hambrick: No, I believe it’s a different one

Gideon Spencer: Okay, okay, buddy Alex has a group as well, the RAL. I thought I thought it was the same group. But but anyway, yeah.

So, it just has less demand right now but the wave is coming for more demand. And so, generally speaking, investors can find a better return on that investment.

Bronson Hill: Yeah Gideon, I love it, man. I love what you’re creating for yourself. And the stuff that I think is the most impactful is the mindset piece and just… continue creating a brighter future, because that’s what actually shows up.

And anybody listening, and they’re like, “I don’t know what you guys are talking about what is this whole mindset stuff?” Books like Think and Grow Rich are huge. You know books that really help you see yourself differently. Activities that help you get there are huge. So I encourage you to take a look at that.

Gideon this has been a real pleasure, man. And how can people first of all, let me acknowledge you. You’re someone who’s creating big things in your life. You’re creating a brighter future for your family, for yourself. And just you know the story is really vivid to me about how you… your wife is sick, and you’re like, “I’m gonna do this now.”

And so, for a lot of us, we have that moment where things like it gets real. Okay this is gonna happen. It’s got to be me, and it’s got to be now.
And then, out of necessity, we do it. And then we create some phenomenal results.

Like the mom who lifts a car to get her you know her kid who’s stuck under the car. It’s like… that’s impossible. But she did it. And so I love that. And I love what you’re creating for your investors as well and for your team, and your mastermind.

How can people reach out to you, connect with you, figure out you know find out what you’re doing and follow your show?

Gideon Spencer: Yeah so the best place to find me is on Instagram. It’s Gideon Spencer underscore that’s g-i-d-e-o-n-s-p-e-n-c-e-r underscore.

And my podcast that Bronson was just on as a great episode is The Hunt for Incredible, where we break down the mindsets and actions that people did to accomplish incredible things, that the listeners can apply to their own lives.

Bronson Hill: Awesome. Thanks, brother. I’m just following you on Instagram here now with many other followers. It’s great.

Well, thanks everybody for being a part of this. Nate, I want to just wrap with you for a minute here. I think I really loved this interview especially around, what does it actually take to be someone who’s building a successful future?

It’s got to be that you’re creating something bigger and better for yourself than where you’re currently at. Otherwise, you’re just going to get the same results. That’s the definition of insanity, right? Doing the same thing and expecting different results.

And so many of us do that for years and years and years. Then we also blame ourselves, like, “Why didn’t I get this sooner?”

So I think that’s my biggest takeaway What about for you? What’s your biggest takeaway Nate from this?

Nate Hambrick: So, I am literally implementing this right now because if I don’t do it now, I’ll never do it.

But I am going to this week, today, starting today write down the affirmations I don’t really believe, and every single reason I don’t believe them. And really, you know, ask myself which of these lies really freak me out? Because chances are, those are the lies I need to spend the bulk of my energy on.

So, Gideon thank you for encouraging me to do that. I think this conversation is really going to make a meaningful difference in my life.

Gideon Spencer: Awesome. Yeah, shoot me a text afterwards. Love to hear how it goes.

Bronson Hill: Awesome. Well, you guys are listeners you’ve been spending time with Nate Hambrick, Gideon Spencer, and Bronson Hill. And really, how you get better is getting in the rooms of amazing people.

So, if you haven’t heard about our upcoming Wealth Forum meeting on December 12th in Pasadena it’s gonna be phenomenal. We’ve got… actually, we’re almost sold out. But we do this periodically. We’ve got just amazing people flying in from all around the world, including Mikey Taylor, who’s a famous professional skateboarder. We’ve got Jason Hartman, Russ Gray, and Brian Burke as some of our speakers and just amazing, amazing people in the room.

So, whatever you’re doing get yourself in a room where you are the least smart person in the room, right?

You just you get in a place where you’re gonna grow, and it’s gonna open up so much for you.

So, first everybody, thanks for taking the time. We look forward to seeing you on the next episode of The Mailbox Money Show. 

Outro: You’ve been listening to the Mailbox Money podcast.

For more free resources articles and videos go to bronsonequity.com. There you can download your copy of the special report on the single best investment strategy during and after a pandemic. None of the information shared here is an offer to buy a specific investment, and this is for educational purposes only.

Consult your financial legal and tax professionals and use your own common sense before making any investment decisions.

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Bronson Hill

Bronson used to work as a consultant for a medical device company but switched to investing in apartment buildings to make his money work for him. He started with a single rental property that made good money and, after some advice from a family member, moved into bigger real estate projects. Now, he's all about helping others get into this kind of investment to earn money without having to work all the time. When he's not dealing with investments, Bronson loves to travel, write songs, stay active, and help fight modern slavery through his work with Dressember. He believes in working smarter, not harder, and wants to share how that's possible with everyone.

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