Partnerships are never easy, especially when your partner is your spouse – especially when you have kids. Jason Yarusi and his wife Pili have developed a strong partnership on their path to building their multifamily portfolio. And they do it all with three kids that are 5 years or younger. Jason is the co-founder of Yarusi Holdings and co-host of the Jason and Pili Project, which focuses on building wealth and improving health.
Jason is an avid runner, competing in various marathons and ran over 400 miles in April 2020 alone! Jason shares how running extends beyond physical health and helps him with the business. In this episode, he talks about how he and his partner approach conflict, how they balance duties as a couple and business partners, why health is critical, and how he approaches investing during and following COVID-19.
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Key Insight
Why Jason rebranded Multifamily Foundation Podcast to The Jason & Pili Project which focuses on mental fortitude building wealth and improving health
Lack of communication is the biggest obstacle in any partnership that can be easily remedied with implementing processes and consistent check-in
How to handle conflicting priorities when working with your spouse as a partner
Focusing on the solution vs. the problem will make life easier to solve
Why health is so important to Jason and his wife and how it impacts their life and business
Recognize and celebrate small wins; your mind tracks every win, no matter the size
Why Jason sold a multifamily property 2.5 years into a 7-year hold
As an opportunistic owner, Jason capitalizes on market demand
How a conservative business plan allows Jason to be flexible despite the crazy market
How COVID-19 has changed his business practices and property management
Strategies on how to build a strong and positive mindset
What can you implement right now, to ensure your business will be moving forward in 2020 and beyond
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Bullseye Tips:
Apparent Failure:
When partnering with friends be sure to set clear goals, because friendships are more important than business.
Digital/Mobile Resource:
Asana (project management)
Most Recommended Book:
The Go-Giver by Bob Burg
Daily Habit:
4:13 am meditate, brain games, affirmations and running
Wish I Knew When I Was Starting Out:
It’s never as bad as you think it is
Advice for Smart, Driven College Student:
It’s a long game
Current Curiosity:
How social media driving the landscape of society
When will people reenter the world?
Best Place to Grab a Bite in New Jersey
Ferraro’s
Connect with Jason
The Jason & Pili Project Podcast
Instagram: @jasonyarusi
