How do I started and what are the excuses?
Where do you started in real estate? This is where I started. I started from 0
Landed on America and spoke broken English in 2003, all I knew back then is that I have to work and work harder to get myself a better life in the new land. However, the more I worked, the more I knew something is wrong. I could not bear the idea of study hard all your life, and then work hard all your life to make your life better? Does it make sense to you? It DID NOT make sense to me.
This is the period where I got lost and didn't know what to do. Like most investors, I landed on the Granddaddy book of real estate ; the "Rich Dad Poor Dad". This book fueled and excited me...only for a short period of time. I then failed back to my comfort zone and keep on chasing the cheese in the rat race until disaster strike: My dad passed away with cancer.
What is the last thing he did before he died? He WORKED.
Unfortunately that is what it took wake me up. Unfortunately that is what it took to finally transform the mind of a person from the E quadrant to the I quadrant. I promised myself that work will not be the last thing I do before I die, and I will make him proud. I will not waste any minute to get myself and the generation after me to the next level. He gave up his life working to get me here, I will make sure I will take every bit and byte of my life to make sure that his effort does not go to waste.
I could have steered my life in a different path. I could have excused myself for not being an investors because my father passed away, or I don't have support, or I don't have money, or this is too risky, or not having enough time, or this is not for me, or whatever you name it.
Instead, I licked my wound, use my unfair-advantage to keep pushing, saved every penny I had, seized every opportunities I could.The next thing I notice, the guy that spoke broken English, and mixed ice scream for 5.25$ per hour at Marble Slab 10 years ago, is currently managing $1,000,000 worth of Investment portfolio.
For those that have not yet started, what is your excuse for not starting in real estate? Write it down below and I will help you burn it.
For those that are already started, what motivate you to do what you do every day? Please share because it will inspire other people.
Thank you!
Comments (12)
@Huy Nguyen That is awesome! I had a house mate years ago from Viet Nam. Very industrious you man and not intimidated by what seemed to me like big hurdles. He ended up buying a house on a very meager income well before I became an investor. I'm still intimidated by some challenges so kudos to you for your hard work. Your dad must have set a great example for you and you can set a great example for all of us.
Work can be fun because success is fun.
Larry Turowski, over 9 years ago
Thanks @Larry T. !
Huy N., over 9 years ago
Thanks @Andrew Syrios . Now I need it well executed!
Huy N., over 9 years ago
Well said!
Andrew Syrios, over 9 years ago
@Huy Nguyen Nice! Keep on pushing. Is there a blog posted/upcoming on how you got there in 10 years? I'm sure it's an interesting read.
Cesar Quezada, over 9 years ago
Thanks Cesar! Please post the link and i will sure read and comment
Huy N., over 9 years ago
@Huy Nguyen
I feel the exact same way that you do about work. I can never accept the idea of working 5 days a week out of 7, and 50 weeks or so a year out of 52, and essentially have your whole life revolve around working (and usually for people who do not appreciate you) until the retirement age of 67, that's if one even lives to see 67. I want to use wealth to buy time - time with my loved ones instead of time at an office, time to travel and explore, and just enjoy my own company and the company of others. I also want to use wealth to buy choices and stability - because there such thing as job security - you can be fired at any time for reasons beyond your control. I want to provide for the next generation as well.
I am so happy for you and your current success and I know you will continue to have much success. I am so sorry that you have lost your father and that he did not get to experience all this life had to offer. Best wishes to you in everything.
Lyandrea Russell, over 9 years ago
Thanks Lyandrea! I'm glad to meet up with people who share the same principle and philosophy!
Huy N., over 9 years ago
Very inspirational Huy, I also came here a year and a half ago, broken English and working 40 hours a week and that's one of the reasons I'm here, looking to turn around the path of my life, looking to provide a better future to my next generation. I haven't close my first deal yet, I've been only 1 week in this community and so far a have found alot a valuable information and motivation to push myself more everyday and get this ship on movement. And is because people like you that a believe and feel so passionate about this whole world of the REI.
Thanks Huy, keep moving forward the sky is you limit.
Vladimir Gonzalez, almost 10 years ago
Thanks @Vladimir Gonzalez . have faith and you shall success!
Huy N., almost 10 years ago
@Huy Nguyen Great post! Reminder of why I need to start. I've listened to every podcast, read the books, read the forums and have a solid foundation of understanding, but I keep getting derailed. My focus is wholesaling and my excuse is that I live in a location that has a medium house price of over $500k, and it's difficult to find a wholesale deal and 70 cents on the dollar to buy.
Thanks for the reminder to keep pushing myself,
George
George Maka, almost 10 years ago
Thanks for the note George!! Let's keep pushing!
Huy N., almost 10 years ago