Most investment mistakes don't begin with bad spreadsheets. They begin with bad psychology.

Scott Corbett has spent decades working behind the scenes with real estate operators, capital raisers, and entrepreneurs. In this conversation with Dr. David Phelps, he shares what he's learned about evaluating trust, managing risk, and why the best investment decisions often have more to do with character than projections.

The discussion moves beyond investing into something every successful business owner eventually faces: identity.

Scott opens up about his own decision to step away from the business he spent twenty years building, the unexpected emotions that came with that transition, and why many entrepreneurs struggle to give themselves permission to imagine a different next chapter.

Whether you're evaluating investment opportunities, preparing for an eventual exit, or simply trying to build a life with more intentionality, this episode offers practical wisdom on making decisions that extend well beyond money.

EPISODE LINKS:
Connect with Scott Corbett: https://sunrisecapitalinvestors.com/|
Scott on LinkedIn: https://www.linkedin.com/in/scottcorbett/
Get David's book, The Exit Optional Playbook: https://exitoptional.com

Time Codes:
00:00 — Why Better Investors Ask Better Questions
04:11 — How Sophisticated LPs Have Changed
10:32 — Why Marketing Has Shifted from Returns to Risk
17:03 — What Great Operators Have in Common
21:01 — Can You Actually Measure Character?
26:40 — When Success Becomes an Identity Trap
30:32 — Giving Yourself Permission to Enter a New Season
33:10 — Breaking Through Major Life Decisions
36:02 — Why Every Entrepreneur Needs Trusted Advisors
37:48 — The Hidden Cost of Carrying All the Responsibility
40:08 — Writing the Story of Your Next Chapter

"On redefining success once you stop chasing a finish line"

Success isn't the finish line—it's the beginning of a more intentional life. David Phelps sits down with entrepreneur, author, and Dream Business Mastermind founder Jim Palmer to discuss purpose beyond business, redefining retirement, creating time freedom, and why the best chapter of life begins when you stop waiting for someday.

Connect with Jim
Website - https://www.getjimpalmer.com/
LinkedIn - https://www.linkedin.com/in/jim-palmer-dream-business-coach-900a75/

Get David Phelps’ Book - https://exitoptional.com
Join David Phelps' Workshop - https://www.freedomfounders.com/freedom-number-method-workshop/

Timecodes:
00:00 – Life After Success
02:09 – Redefining Retirement
09:15 – Finding Purpose Without Pressure
13:11 – Lessons From Slowing Down
20:50 – Identity Beyond Business
25:07 – Advice for Your Younger Self
27:49 – Stop Waiting for Someday
31:21 – Health, Energy & Longevity
35:14 – Money, Marriage & Meaning
39:54 – Today Is Someday

"A Wall Street insider on choosing temperament over intelligence — and how your best business instincts work against you"

Successful business owners often become poor investors for one simple reason—they bring the wrong mindset. David Phelps sits down with investor and author David Leiter to unpack timeless investing principles, avoid costly mistakes, manage emotions through market cycles, and build lasting wealth through productive assets instead of hype.

Episode Links:
David Leiter's website - https://www.theultimateinvestor.com/
Pre-order David Leiter's book - https://www.amazon.com/Stop-Making-Stupid-Investments-Wealth/dp/1394377657
Get David Phelps’ Book - https://exitoptional.com
Join David Phelps' Workshop - https://www.freedomfounders.com/freedom-number-method-workshop/

Timecodes:
00:00 – Why Smart People Make Bad Investments
03:16 – Business Success vs Investing Success
09:24 – Evaluating Private Investment Deals
15:12 – Hype, Ego & Investment Scams
19:48 – The Power of Long-Term Compounding
23:57 – Real Estate Lessons & Market Cycles
31:39 – Debt, Risk & Protecting Wealth
37:03 – Investing vs Speculating
40:22 – Today's Biggest Investment Mistakes
45:35 – Building Real Wealth That Lasts