TGCI 132: From CTO of a tech-company in Boston to being financially independent!

The Gold Collar Investor

In today’s show, Pancham interviews Ike Mutabanna - commercial real estate investor, syndicator, and founder of WealthChakra.

Ike immigrated to the U.S. with the goal of continuing his studies and pursuing engineering. After his efforts paid off, became a CTO at a tech-company, and worked with top-notch ventures, he realized that there’s more to building his legacy for his children and moving from Boston to Dallas is the perfect timing to start it.

Today, he has found financial freedom through commercial real estate investments and has been teaching his children the value of investing and personal finance to help them apply those principles. In this episode, he will share how his engineering career helped with his investing skills, why continuously learning is an important factor, and overcoming mental challenges that lead him to where he is today!

Listen and enjoy the show!

Quote:

“It’s all about coming up with creative solutions and innovative solutions.”

Timestamped Shownotes:

• 0:39 - Pancham introduces Ike to the show
• 3:00 - His background and how he transitioned into real estate investing
• 5:53 - How building a legacy to his children pushed him to pursue investing
• 12:44 - How gut feelings helped with his decision on investing full-time
• 15:57 - His three steps to kick-start your investing career (without leaving your job!)
• 21:09 - Connecting with his kids as his proudest yet challenging goal
• 27:48 - How his morning routine helped him with his works
• 31:04 - Taking the Leap Round
• 31:04 - His first investment outside of Wall Street
• 31:36 - How being fearless led him to an investment that didn’t work out
• 33:07 - Why rookie investors should invest as a team
• 35:11 - Ike’s contact information

3 Key Points:

1. You may have quit your last job, but the skills and learnings that you have acquired will help you in the long run.
2. Keep your relationship with others as these will always help along the way. Additionally, having side hustles also helps with generating income when you’re just starting to invest.
3. Passive investing helps with generating wealth and at the same time can be a gateway for you to start learning about investing.

Get in Touch:

• WealthChakra Website - https://wealthchakra.com/
• The Gold Collar Investor Club - https://thegoldcollarinvestor.com/club/
• Pancham Gupta Email - [e-mail]