Thinking about changing the game? Cool. Just know reinvention charges admission.

You’ve heard the ads: “no risk, guaranteed.” That’s cute. Real life has costs. In this episode, Kristi and Erik get painfully honest about the price of reinvention with money, time, ego, identity, and how to decide if the pivot you’re itching to make is strategy or self-sabotage.

We walk through the gut checks, the math, and the mindset so you can move forward in uncertainty without lighting your portfolio on fire.

What we cover:

• Counting the cost: cash runway, time, energy, ego

• Fear vs. prudence: how to tell the difference before you jump

• Sunk cost traps and why “holding” can be the riskiest move

• Using old skills in a new lane so you’re not starting from zero

• The 10–10–10 check: days, months, years (and legacy)

• Building a circle that tells you hard truths early

• Habits that keep you steady when everything else changes

• Being the newbie again without nuking your confidence
  

Bold Truth: The pivot isn’t the problem. Pretending it’s free is.

🎧 Listen now: https://www.youtube.com/@TheRealEstatePessimist/videos

📍 Find us on all platforms:

YouTube: https://www.youtube.com/@TheRealEstatePessimist/videos Spotify: https://open.spotify.com/show/30iW9NGVaPVqIBZqf8iNd5?si=aa41afe7b90b4315

Apple: https://podcasts.apple.com/us/podcast/the-real-estate-pessimist/id1785003692

🎧 Want more from Kristi? Hear how she’s helping locals become developers in their own communities by removing the gatekeeping.

→ Listen to the Local Real Estate Developer Podcast: https://www.youtube.com/@LocalRealEstateDeveloper/podcasts

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