Pivoting from Real Estate to Educate Children on Entrepreneurship with Pongee Barnes

Teaching financial literacy to children is important. On today’s episode, we talk with Pongee Barnes, investor and entrepreneur, about including your children in your business and the importance of teaching entrepreneurial skills at a young age. Most people say that they want to give their kids a better life than they had growing up. But most just say it without putting action behind those words. Not this guest. We discuss with Pongee how she got started in real estate in college, the lessons she learned from that first unsuccessful deal, the importance of niching down and focusing on one area of business, and the power of partnerships. Pongee also shares with us her new entrepreneurial endeavor, publishing children’s books to educate them at young ages on entrepreneurship and ownership.   Pongee has been investing in real estate in the Chicago area for nearly two decades, and she's only 35. But her strategy for building wealth is straightforward and can be replicated by anyone that has patience. She has accumulated most of her rental properties without bank financing, which has enabled her to achieve financial freedom with only a few properties. Now she's focusing on scaling her monthly income and setting her kids up for a huge financial head start. Pongee recently founded Little Owners, a company dedicated to educating kids on the various paths to career and entrepreneurial success. Her book series, co-written with her children, breaks down the ins and outs of various careers. On today’s episode, we discuss a ton with Pongee including: The power of staying focused The lessons Pongee learned from her first failed flip How to make sure someone will be a good partner Ways to maintain a business to start building another one Why it’s important to include children in your business and let them know that ownership is an option Books/Resources Rich Dad Poor Dad by Robert Kiyosaki Contact Information Instagram - @realestateandchill Instagram - @little_owners Littleowners.com Are you ready to Level Up? In 2020, we overcame challenges, pivoted multiple times, and became stronger together. Now, it is time to “Level UP”, continue breaking the glass ceiling and taking our business and most importantly our life to the next level.  Join the Co-Founders of The Real Estate Investher® Liz Faircloth and Andresa Guidelli and a bunch of amazing speakers LIVE on June 12th for their 2nd Annual InvestHER Summit! Learn how to turn fear into fuel, strategies to grow your Real Estate Business while you also take care of the most important person in the world…YOU!  Buy your ticket today: https://www.therealestateinvesther.com/LEVELUP    InvestHER Community Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms. How To Join the InvestHER Movement   1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves.  Subscribe via Itunes Subscribe via Android Subscribe via Stitcher 2)  InvestHER Community on Facebook  We have 2k+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!  3) InvestHER Meetups Around the Globe We have over 4k+ meetup members attending close to 25 InvestHER Meetups across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther Learn more about your ad choices. Visit megaphone.fm/adchoices

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The Real Estate InvestHER Show delivers straight talk and inspiration for current and aspiring female real estate investors to live both balanced and financially free lives. Co-hosts Liz Faircloth and Andresa Guidelli bring on rockstar women investors who open up their lives and share practical tools for growing a rental portfolio, flipping houses, and developing the mindset that allows them to run successful businesses while taking care of their families and – most importantly – taking care of themselves.