Interview on the Everyday Millionaire with Patrick Francey, CEO of REIN

Show Notes

[02:08] Patrick introduces his next guest in the REIN Member Series: Shane Melanson

[03:56] Shane and Patrick get going on today’s conversation and what Shane’s been up to most recently.

[5:58] In addition to podcast host, Shane is a two-time author. He talks about the purpose behind them, the process and the unexpected gifts in writing his second book Evolve.

[10:52] Shane explains his beginnings in real estate in Whitecourt, Alberta, his early “genius”, his lessons, and getting started in commercial real estate

[13:31] Although it wasn’t a noticeable difference for him until this conversation, Shane shares what he feels was the difference for him as a commercial lender surrounded by highly successful investors, that made him take the extra step to put his learnings into real action.

[16:46] Shane delves into his background, where his entrepreneurial spirit stemmed from, and by losing trust (and money) through a failed investment he was fueled to take charge of his own future.

[22:22] As a father now himself, Shane shares how his relationship with his father has evolved and the great support from his mother.

[23:57] An unlikely introduction to real estate through a city job.

[25:05] Shane explains who and what lit a fire under him to get on the investment property train and purchase his first properties in Calgary.

[27:30] Shane describes his start with commercial real estate and the learning opportunities that came with a scattering of investment deals and strategies.

[29:51] What Shane is currently working on, where he invests and the type of development he and his partner undertake.

[33:22] Shane talks about how he raises capital and the way in which he approaches his development deals with investors.

[35:30] In working to their inherent strengths, Shane and partner find success with complementary skillsets.

[38:31] From his own experience, Shane feels mentorship can’t be about the pursuit or a one-way street it’s more of an unquenchable curiosity that unfolds.

[42:34] Shane discusses his morning routine and how he approaches professional development.

[44:55] Patrick and Shane have a robust conversation about intentional friendships, cleaning up relationships, and distinguishing anchors vs. accelerators.

[50:53] Self-care: what Shane does, and what it does for him.

[52:19] Shane talks about the investments he makes in himself and the commitment he has to his life and goals.

[55:33] Getting clear and committed was the game changer for Shane in living life on his own terms.

[59:32] Shane digs into his own focus and how he has taken responsibility for that.

[62:07] Shane’s intentionality and decision making are also deeply rooted in what’s best for his relationship with his wife Kelly and their kids.

[66:12] Shane shares a story that illustrates both how aligned he and Kelly are and why he is so committed to decision making that centres around his family.

[67:36] How Shane and Kelly do (and don’t) work together.