Episode 8

Building a Legacy of Wealth with Brian Tracy: Part 2

In this episode of the Real Estate Wealth Podcast, host Ed Aloe continues his discussion with Brian Tracy, a pioneering figure in the realms of personal and professional development. Ed and Brian discuss the fundamentals of goal-setting and the significance of an abundance mindset for attaining financial freedom through real estate. Brian shares his expertise on common mistakes to avoid, the power of setbacks in learning valuable lessons, and the importance of adopting an optimistic outlook towards the future.

Listen this week as Ed and Brian talk about common mistakes in business and real estate, the power of mindset, and the power of setting goals consistently.


"The more confident you are that you're going to achieve a goal, the more relaxed you are about it, the faster it comes true." -Brian Tracy [30:20]

“Clarity is so important. And the only way you have excellent, absolute clarity is to write it down. Some people write their goals down once a year. But what would happen if you wrote your goals down once a day? It is like slamming your foot on the accelerator of your own life. You start to make progress.” -Brian Tracy [38:30]


  • Goal Setting: clear, advanced planning, and consistency 
  • Viewing setbacks not as failures but as valuable lessons for future success.
  • The mentality of continuous improvement, both in personal development and in business.
  • A positive mindset will shape your success and potential.
  • Acting immediately upon decisions, especially when correcting a mistake is crucial to success. 


(01:29) Learning from setbacks and difficulties

(04:34) The value of keeping notes and records

(08:25) Using zero-based thinking to evaluate what to continue or change

(12:17) Once a decision is made, get on with it immediately

(16:36) The mindset of successful people

(23:00) Goal Setting

(37:27) Cognitive dissonance and the clash between current reality and goal statements

(43:40) Investing time and money for personal growth

(50:39) Connect with Brian Tracy


Ed Aloe


Brian Tracy

About the Podcast

Show artwork for The Real Estate Wealth Podcast with Edward Aloe
The Real Estate Wealth Podcast with Edward Aloe

About your host

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Edward Aloe

Ed founded CALCAP Advisors in May 2008, at the height of the economic crisis. He believed that the disrupted environment presented incredible opportunities for those who could recognize them.

Since founding CALCAP, Ed has been involved in over $1.5B worth of transactions. The Company currently manages over 5,000 units and 65 properties. CALCAP operates in 16 states and has over 140 employees and over $700 million in assets.

Ed graduated from the University of San Diego with a B.B.A. degree in Business. He has served on the Board of Foothill Family Services, a Non Profit, and has actively raised money for Children's Hospital Los Angeles, and the UC San Diego Foundation He also served on the Real Estate Committee for the University of San Diego Burnham-Moores Program, and is currently a founding Board Member of Bridge21 Park City. Ed resides in San Marino, CA with his wife and three children.