356. At 16, Deven Wohlwend Owns 46 Units: Secrets to Early Success
Absolutely everything is possible, and it can genuinely happen at any stage of life. Can an average individual, when exposed to sports, entrepreneurship, or business education, grasp these concepts? If one finds pleasure in these pursuits, they can craft an exciting future. Age should never be a barrier; you're never too young to start.
At just 16 years old, Deven Wohlwend is not your average teenager. He's already an accomplished author of three books, a savvy real estate investor owning 46 units and running a management company than runs 450, and has a deep passion for educating his peers on business and investing.
Deven's journey began with early lessons in stock investments influenced by his parents, and fun games like Lego investing, which taught him as much about losses as gains. Despite his business acumen, Deven knows the value of enjoying youth, balancing professionalism with times to just be a kid.
In this episode, we talk about how Deven juggles high-level investing with homework, sports, and lifeguarding.
We'll explore the challenges of teaching financial wisdom to the TikTok generation, Deven's take on AI in content creation, and the impact of family values on building a real estate empire. Plus, Deven shares a humorous take on Chat GPT endorsements and gives us a sneak peek into his future plans.
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Head over to our YouTube channel for special episodes. Now, let's connect the generations and get ready to be amazed by the young yet prodigious Deven Wohlwend. It's time to Better Call Daddy!
The Wohlwend’s, after starting with nothing, used millions of dollars of private money from more than 100 private lenders to finance their real estate deals. As their two boys grew up they were taught the business. By 5 each son started investing; by 7 years old they had each bought their 1st piece of real estate using only creative financing; the lessons they learned.
Their kids, Deven, now 16 controls over 46 units; Ethan, who is currently 13, has almost 40 units. Neither used any money or credit from their parents. They did what the whole family teaches. They were creative and took action. In addition to working in the business and investing, Deven published his first book when he was 11. He has been interviewed on many podcasts that have been listened to in more than 190 countries; has spoken to live audiences in more than half a dozen states. Deven is the #1 Best-Selling Author of The Garage and If I Can Do It So Can You-How I Started Buying Real Estate at Age 7. The 2nd Book in his Garage series The Fall And Rise of Atlas is now available on Amazon.
Key Takeaways:
- Age is just a number: Deven's story proves it's never too early to start learning and investing in your future.
- The power of family: A supportive and educational family environment can be a tremendous asset on the road to success.
- Balance is crucial: Even when you're ambitiously pursuing success, it's important to remember the value of fun and personal fulfillment in your life and work.
Connect with Deven
https://www.instagram.com/devenwohlwend/
https://www.clearskytrainer.com/
Connect with Reena
linkedin.com/in/reenafriedmanwatts
instagram.com/reenafriedmanwatts
instagram.com/bettercalldaddypodcast
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