In this episode of From Corporate to Cashflow, Andrea Cannon and Liz Schwab sit down with Adam Colburn to discuss his journey into entrepreneurship as a real estate investor and coffee shop owner. Adam started his career as a real estate photographer and doing specialized HVAC maintenance work in the pharmaceutical industry but realized that he wanted more to out of his life than what his his path was leading him towards. He started various side hustles - Uber/Lyft, day trading, and print-on-demand t-shirt companies with various success but nothing significiantly moving the needle. But then, Adam came across some videos about wholesaling real estate and that led him to try it for himself. Pretty quickly, he realized that there was more potential than he realized and started fix & flipping and even started his own coffee shop. He shares some of his big wins that he had during the beginning of his journey ($65,000 on his first flip!!) as well as some of the challenges that he experienced along the way including partnerships gone awry and flips that flopped. He talks about not getting too emotional about each individual deal and to let logic and the numbers lead the decision process about which projects to pursue. Because of his success, Adam has just left his full time W2 job to pursue his investing full-time. This episode is as relatable as it is informative and it's one that you don't want to miss.
Connect with Adam: Instagram.com/@theadamcolburn or YouTube.com/@theadamcolburn
Follow me on Instagram: https://www.instagram.com/theandreacannon
Subscribe to my YouTube Channel: https://www.youtube.com/@TheAndreaCannon
