✅ How Wang Turned His PhD into a Real Estate Career
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In this episode of the 'Skip the Lines Podcast,' host Jonathan Mitchell interviews Wangzhong Sheng, a PhD scientist who transitioned into a successful real estate investor. Wang shares his intriguing journey from earning his undergraduate degree at Cornell and PhD at UCSD to working in pharmaceutical research and eventually moving into real estate.
Wang discussed how he picked up Brandon Turner's book 'BiggerPockets,' which inspired his venture into real estate, leading him to own and flip multiple properties and currently syndicate a deal in Detroit. Wang recounts his immigration from China to the U.S., his educational pursuits influenced by his parents' aspirations, and his eventual pivot to real estate for a more fulfilling life.
Wang's experience with medical device and pharmaceutical industries, his entrepreneurially-driven mindset, and the importance of personal growth and giving back.
Tune in as Wang also emphasizes maintaining a positive mindset, the value of reading, and the role of serendipity and spirituality in navigating life's challenges and opportunities!
Highlights
00:00 Introduction and Guest Introduction
00:09 Wang's Background and Education
00:30 Early Career and Transition to Real Estate
01:34 Wang's Immigration Story
03:20 Life in New Jersey and New York
06:55 Higher Education and Career in Pharmaceuticals
07:35 Pharmaceutical Career and Entrepreneurial Shift
17:47 Real Estate Journey Begins
22:59 Specialization vs. Generalization
29:33 Networking and Masterminds
30:19 The Power of Sharing on Social Media
24:08 The Detroit Project and Business Partnership
32:28 Finding Your 'Why' and Higher Purpose
34:06 The Transformative Healing Retreat
37:44 Spirituality and Personal Growth
43:52 Lessons from Setbacks and Success
44:36 Skip the Line Hacks and Final Thoughts
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