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The Freedom Formula: Trading Hours for Legacy with Phil Duke Jr.

As an employee, your hours are not your own— they are sold to someone else’s vision in exchange for a paycheck. But what will be left when those hours run out? 

But as an entrepreneur, your hours can be invested in building something truly yours—not just a job but a business that serves your purpose and outlives you. Your destiny is not found by passively punching a clock but by actively sculpting your own path. 

This week, we are joined by Phil Duke Jr., an entrepreneur and business coach. After achieving success as a top real estate agent, he transitioned to owning multiple brokerages which he scales through training new agents, allowing him greater freedom and impact.

Listen in and gain insights from Phil Duke on his journey from small-town hardware store employee to multimillionaire entrepreneur through his real estate brokerage. Daniel and Phil also discuss effective strategies for overcoming the solopreneur mindset, how to escape the “freedom trap” when success doesn’t satisfy, how strategic risk-taking can help us gain clarity on our ideal future and fully commit to change, how to build a nest egg for inevitable challenges, and a sneak peek into Phil’s upcoming book, Unstuck

“If you can figure out how to get clients and make money. Everything else will sort itself out. Create leads, turn those leads into appointments, turn those appointments into customers, and turn those customers into closed sales. Never leave the office today without an appointment set for tomorrow.” —Phil Duke Jr

Episode Highlights
  • 01:34 At 37 
  • 05:43 The Trap: Chasing Freedom  
  • 09:20 The Importance of Delegation
  • 13:42 Shifting the Employee Mindset
  • 20:07 Scaling Business: What Works
  • 23:35 Business Sacrifices: Living Big While Living Small  
  • 28:02 Finding Mentors and Earning Freedom
  • 31:55 Be a Bison
  • 39:35 Faith-Based Business

 

Resources: 

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Connect with Phil:

Phil Duke Jr. is an entrepreneur, business coach, and author. He started his career working in a small-town hardware store before getting into real estate. As a top-producing real estate agent, Phil achieved significant success but felt unfulfilled. He realized he didn’t truly have his own business and was stuck in a job.

Phil made the transition to becoming a business owner by recruiting agents, training them using his proven systems, and focusing on coaching instead of individual deals. This allowed him to scale his real estate brokerage while gaining more freedom. Phil has since expanded his business interests and now helps other entrepreneurs break free from being solopreneurs through his coaching, speaking, and upcoming book “Unstuck.”

Despite being only 37 years old, Phil has developed considerable wisdom around building sustainable businesses through mentorship, strategic risk-taking, and living below his means. He shares his knowledge to inspire and equip others to design their own destinies through entrepreneurship.

 
Quotes:

03:10 “You got to be careful who you take advice from.” —Phil Duke Jr

04:21 “You can only learn so much in a textbook. Having a coach and a mentor is a massive, massive cheat code in life.” —Phil Duke Jr 

09:11 “Most business owners don’t own businesses, they own jobs. Because if they stopped showing up to those jobs, those businesses don’t last very long.” —Phil Duke Jr

12:22 “Business is something that can run and operate and grow without you.” —Phil Duke Jr

17:51 “When reality meets the road, most people don’t push it to the other side.” —Daniel Gomez 

24:09 “Living below your means is always a smart way no matter if the economy is good or bad.” —Phil Duke Jr

28:13 “If I’m going to drive to the country club and I want to attract that high-end client, I need to speak their language.” —Daniel Gomez

28:30 “You might have to go backward a little bit before you go forward again.” —Phil Duke Jr

30:30 “Take some time to figure out exactly what you want. And then find somebody who’s done that or is currently doing that, and figure out how to learn from them.” —Phil Duke Jr 

34:04 “If you can figure out how to get clients and make money. Everything else will sort itself out. Create leads, turn those leads into appointments, turn those appointments into customers, and turn those customers into closed sales.” —Phil Duke Jr

35:31 “Never leave the office today without an appointment set for tomorrow.” —Phil Duke Jr

42:19 “Stop trying to live life alone.” —Daniel Gomez