Summary

In this episode, Mike Dauphinee interviews Nate Cadieux, a developer and founder of Purpose Real Estate Group. They discuss Nate's journey in real estate, the challenges of decision-making, the burden of expectations, and the importance of communication and vulnerability in both personal and professional relationships. Nate shares insights on resilience, the cost of success, and the courage to change paths, emphasizing the need to find purpose beyond professional achievements. The conversation highlights the significance of self-discovery and maintaining connection in relationships as they navigate the complexities of life and work.

About Nate Cadieux

(Strategic, Futuristic, Activator, Ideation, Connectedness)

Nate Cadieux is a San Diego-based developer, investor, and community builder. He founded Purpose Real Estate Group in 2017 with a mission to activate underutilized spaces and help neighborhoods come alive. Nate's portfolio includes projects like The Waldorf in North Park, the restoration of LightChurch in Bankers Hill, and various mixed-use developments along University Avenue. Prior to launching his own firm, Nate worked with the Corky McMillin Companies on iconic projects like Liberty Station and helped launch Moniker General and Moniker Commons. His work centers on creating places that bring people together, with intentionality, risk, and a deep sense of purpose.

Takeaways

Nate's journey in real estate began with a desire to create vibrant communities.
The importance of making tough decisions in entrepreneurship.
Navigating the burden of expectations from investors and community.
The transition from vision to execution is often the hardest part of development.
Building resilience through challenges is crucial for personal and professional growth.
Effective communication is key in managing development projects and relationships.
Overcoming regulatory hurdles requires creativity and persistence.
Success comes with a cost, and it's important to reflect on what that means personally.
Finding purpose beyond professional success is essential for fulfillment.
The courage to change paths can lead to greater personal satisfaction.

Sound bites

"There's no turning back."
"It was super humbling."
"We get paid to solve problems."

Chapters

00:00 Introduction to Purpose Real Estate and Nate's Journey
03:01 Navigating Risk and Decision-Making in Real Estate
05:42 The Burden of Expectations in Development
08:26 The Transition from Vision to Execution
11:02 Building Resilience Through Challenges
13:51 The Importance of Communication in Development
16:56 Overcoming Regulatory Hurdles
19:54 The Cost of Success and Personal Growth
22:37 Finding Purpose Beyond Professional Success
25:37 The Courage to Change Paths
28:30 The Role of Vulnerability in Relationships
31:23 Supporting Each Other in Personal Growth
34:11 The Power of Vulnerability in Leadership
36:57 Radical Self-Forgiveness and Presence
39:56 Defining Success on Your Own Terms
42:41 The Importance of Asking for Help
45:42 Maintaining Connection in Relationships
48:48 The Journey of Self-Discovery and Growth
51:23 Conclusion and Final Thoughts