Apr 17, 2023
Financial freedom is a goal that many people aspire to achieve. It means having enough money to support your lifestyle without relying on a paycheck or anyone else for financial support. Achieving financial freedom is a challenging feat. It may lead us to step outside the comfort of our profession and allow ourselves to enter into a different realm of learning. For instance, in Medicine, gaining knowledge and understanding about real estate investments could bring professional growth for them and a sense of security for their families.
Moreover, achieving financial freedom through real estate investment requires a long-term, strategic approach. Building our knowledge, starting small, and focusing on cash flow can all contribute to our success. Remember that we must stay committed to our goals and remain adaptable to changing market conditions. We can achieve financial freedom through real estate investment with diligence and patience. Thus, financial freedom is not a one-time achievement but a lifelong journey requiring continuous effort and commitment.
Dr. Gulshan Oberoi is the Founder and Managing Partner at Vertical Mind Ventures. His primary focus includes capital market analysis, investment strategy, and investor relations. Gulshan has more than six years of commercial real estate experience and has personally invested both actively as well as a limited partner in over 20,000 residential units and 3 million square feet of self-storage, industrial and office space. Gulshan was born and raised in India. Today he is successful practicing Neurologist in the USA specializing in Seizure disorders/ Epilepsy. He has been very active in the field of Medicine for over 20 years. In his spare time, he loves to travel, play basketball, try various cuisines, and spend time with his wife, Jaspreet, and two daughters. He likes to talk about and create awareness about the importance of financial independence through real estate for busy professionals.
In this special episode with Dr. Gulshan Oberoi, we will learn about the journey of an empowered man passionate about sports, Medicine, and business. He will be sharing with us how he built a company outside of being a neurologist and how the idea of financial freedom developed his courage to get into the real estate game. Be inspired by the life of Dr. Oberoi, who was always passionate about assisting people in achieving independence in both their business and personal lives.
"Success is on the other side of fear and comfort, and the other way to put it is comfort kills. You have to gain knowledge about it, and what leads to it is progress." – Dr. Gulshan Oberoi
Topics Covered:
(00:00:00) Introduction + Episode Snippet
(00:00:36) Introducing our special guest, Dr. Gulshan Oberoi.
(00:01:31) Basketball: Dr. Gulshan's Sports Journey
(00:03:32) Neurology: A passion for seizures and epilepsy
(00:04:39) How long will it take to become a neurologist?
(00:05:51) Decide what you want and get on the path.
(00:06:40) Financial Freedom: Why do we need an extra source of income?
(00:08:53) The Uncertainty in Medicine: A waking call for Physicians
(00:09:48) Freedom: Dr. Oberoi's Philosophy in Real Estate
(00:11:43) Investing in Cashflow Real Estate
(00:13:42) The Birth of Vertical Mind Ventures
(00:14:00) Quick Reminder: Are you enjoying this episode? Please share it, leave a five-star review, and give feedback. Go to TimeOut with the SportsDr website.
(00:14:58) Developing knowledge about Real Estate
(00:16:18) Success is on the other side of comfort.
(00:16:51) Working with friends and family.
(00:17:38) Earth is the best investment in the earth.
(00:17:55) What is cash flow?
(00:19:03) Everything starts with simple steps.
(00:20:20) Where to connect with Dr. Gulshan Oberoi.
(00:21:02) Final TimeOut with Dr. Gulshan Oberoi: How does seeing a different way of living creates a hunger in his heart to become financially free?
(00:22:00) Abundance Mindset: Have a place to serve others.
Key Takeaways:
"If you love what you do, then the sacrifices don't come." – Dr. Gulshan Oberoi
"Decide what you want to do and get on the path. You can't listen to what all the naysayers have to say because many people that tell you such things haven't been down that road anyway." – Dr. Derrick Burgess
"The idea of financial freedom took place not out of necessity but out of circumstances." – Dr. Gulshan Oberoi
"I started thinking, how can I be financially free so that even if I lose my job, my kids are fed and, I still have a good source of income to fall back on if the time comes to that." – Dr. Gulshan Oberoi
"There was a lot of uncertainty, and it was a waking call for many physicians and health care workers to say this profession that we've held so tightly to has changed already.” – Dr. Derrick Burgess
"Real Estate gives geographical freedom, financial freedom, and time freedom. To put it in perspective, I considered a person financially free when their passive income from their investment exceeds their monthly expenses." – Dr. Gulshan Oberoi
"Don't wait to buy real estate. Buy real estate and wait." – Dr. Gulshan Oberoi
"The mission of our company is basically to help physicians, and other busy professionals generate tax efficient passive income and build generational wealth, not only for themselves but also for their family." – Dr. Gulshan Oberoi
"Once you gain knowledge, that's when you become more confident in investing because the more you learn, the less risk it is involved." – Dr. Derrick Burgess
"I don't buy an asset just so that it will appreciate later on. As long as its cash flows, appreciation will take care of itself. And as I say, the best investment on earth is earth." – Dr. Gulshan Oberoi
"Neurology has its language. Orthopedics has its language. Real estate has its language. To study it was like taking a vocabulary test, the more you see it, the more you read about it, the more you understand." – Dr. Derrick Burgess
"When you set your heart and mind to something, you can do whatever you want. It's a mindset, and I want to keep that mindset." – Dr. Gulshan Oberoi
"But always keep in mind that you should always have a place to serve others." – Dr. Gulshan Oberoi
Connect with Dr. Gulshan Oberoi:
Website: https://verticalmindventures.com/
LinkedIn: https://www.linkedin.com/in/gulshan-oberoi-5b149411a/
Connect with Dr. Derrick Burgess:
Website: https://www.drderrickthesportsdr.com/
Instagram: https://www.instagram.com/drderrickthesportsdr/
Facebook: https://www.facebook.com/TimeOut.SportsDr
LinkedIn: https://www.linkedin.com/in/derrick-burgess-72047b246/
YouTube: https://www.youtube.com/channel/UCHGDu1zT4K_X6PnYELu8weg
Email: thesportsdoctr@gmail.com
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