From US Diplomat in Beirut to Real Estate Investor: Nate Carter's Journey
In our recent episode, our guest, Nate Carter shared his life experiences and the lessons he learned along the way. He emphasized the importance of seeking jobs that offer opportunities to learn and grow, rather than those that only pay well. Carter draws from his time as a US diplomat in Beirut, Lebanon, where he witnessed the assassination of former Prime Minister Rafi Kiriri. The bombing changed the pace of his job and led to a series of other assassinations and car bombings. Despite the chaos, Carter explains how people pulled together, and he had a good relationship with the Lebanese people during that time.
Nate also reflects on his experience with small businesses and how he had to pivot when Blockbuster came out. He further discusses his time in college and how he earned his master's degree, which eventually led him to join the Peace Corps in Morocco. After his time with the Peace Corps, he faced financial difficulties and realized the importance of taking personal finance seriously. He eventually found his way to the company Medtronic, where he learned the importance of having a long-term plan.
Talking about his experience in the real estate market during the global financial crisis, he shared that he sold some properties before the market crashed and was cautious in buying more when the market was at its worst. However, he regrets not being more aggressive in buying properties during the downturn and not investing in multifamily properties. He advises listeners to have a plan for capital gains and to be more aggressive when there is a market dip. Nate stresses the importance of having a mentor in the real estate industry.
Nate believes in living life with intention and purpose. He encourages people to focus on what matters most to them and not waste time on materialistic things. He shares his experience of retirement and the benefits of being able to spend time with loved ones. He firmly believes that seizing opportunities and taking proactive steps towards the accomplishment of goals and dreams are integral to success.
Nate has found his work with the US government to be rewarding and illuminating. He reflects on being in rooms with presidents and prime ministers, which he initially found cool but later got used to. He believes that these people face the same challenges as any other human being, and the stakes are higher for them depending on the situation. Carter appreciated the people he worked with, and he knew that they could be making more money in other careers but chose to work for the government.
Finally, Carter believes that the United States is the best country in the world for entrepreneurs due to its reputation, hustle culture, and access to credit and property rights. He shares a story of an Egyptian man who came to the US and started a successful business. Carter advises people to open a line of credit and have cash on hand in case credit becomes tight and to prepare for opportunities when they arise.
Nate Carter's life experiences offer valuable lessons for anyone seeking to live life with intention and purpose. His emphasis on seeking out jobs that provide opportunities for growth, having a long-term plan, and being prepared for opportunities, are all important takeaways. Furthermore, his reflections on the real estate industry and his work for the US government provide unique insights into those areas. Overall, Nate's message is one of hope, encouragement, and action, urging people to seize opportunities and work towards their dreams.
Don’t Forget To Reach Out to Nate Carter
Website: www.loadedforlife.com
LinkedIn at www.linkedin.com/in/nathan-carter208/
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