Building a Business Around Freedom, Family, and Flexibility w/Josh Wollaston Co-founder at SPG Capital
Josh Wollaston is co-founder of SPG Capital, focused on private lending and rental properties. He reveals how W-2 income helped fund the first rental, how a BRRRR-style strategy changed the capital equation, what happened when rising interest rates dried up deal flow after he left Citibank, and why the real entrepreneurial shift starts when we move from owning assets to solving market problems. Josh Wollaston is co-founder of SPG Capital, a private lending company operating alongside a multifamily rental portfolio. Beginning with a single rental property purchased in 2016 while working a W-2 role at Citibank, he spent seven years scaling to a 50-plus unit portfolio using a BRRRR-style approach that recycled private capital through distressed assets. After leaving corporate life in 2022, he pivoted into private lending when rising interest rates collapsed the deal pipeline and now focuses on connecting the firm's investor base with other local operators. Josh approaches entrepreneurship as an internal shift from employee to builder, solving market problems creatively and scaling through partnership and investor relationships. Josh explains: ◼ Why did seven years of a W-2 grind become the only path to going full-time? ◼ How did a college soccer teammate end up doing 70% of the work? ◼ What made a boss promise a $50,000 raise if things fell apart? ◼ Why did the deal pipeline collapse from eight projects to one in three months? ◼ How did a shrinking market accidentally birth a private lending company? ◼ What separates a real estate investor from an actual entrepreneur? ◼ Why does Josh stop working at 3:30 every single day? ◼ How do twins on the way change the math on quitting?