Jerome "BONE" Maldonado a 9-figure Real Estate Investor and Equity Owner of Radioshack, Modell's, Pier 1 Imports and much, much more is a prime example of having a good work ethic trumps all.
Jerome Maldonado has built a super-successful career in the construction industry. Over the years, he’s founded multiple companies and amassed an eight-figure business empire. However, he’s also experienced plenty of setbacks along the way. So today, in his capacity as a coach, Jerome shares the lessons he’s learned from his decades of entrepreneurship and teaches others how to invest in commercial real estate.In this episode, you’ll hear from Jerome Maldonado on:(00:20:30) His dark night of the soul. Jerome recalls the moment when ridden with debt and despair, he prayed for divine intervention in an El Paso church. (00:27:04) His formula for financial success. He talks about the ethics that guide him in business and puts forward his belief that financial success only happens when you finally stop caring about what everybody else around you is thinking.(00:40:27) His winner’s mindset. Jerome describes how he got started in the construction industry and credits his rapid success to his phenomenal work ethic and his ‘nothing to lose and everything to gain’ mentality.(01:00:57) Good debt versus bad debt. He differentiates between good debt, which enables you to buy assets that produce income (such as rent or dividends), and bad debt, which does not contribute to your wealth.(01:12:13) Letting go of limiting beliefs. Jerome urges everyone to stop living scared and have the courage to live life and do business on their own terms without being crippled by the fear of failure or feeling anxious about being judged by others.