How to Take Action Now

I'm at a point right now where I've taken in a lot of information, consuming a lot of content, but more importantly, I will learn by doing, so now, it's time to put the books down, I still read all the time, but now it's time to move forward. And I think the problem is that people get caught up too much in what their action's supposed to look like.  And you don't even know, because you're not doing it, it's such an oxymoron. So, at the end of the day, imperfect action leads to great results, and by failing forward, you're going to get everything you need in life. If you're a young entrepreneur or a young real estate investor, just get with somebody that's already done it and learn in the process by doing. Everybody's so worried about their first deal, how they're going to get, how they're... Whatever.

My question to you is as simple as this, do you want $5,000 from the wholesale deal? Which is amazing, $5,000 is great and if you need the money, take it. But what if you took a thousand dollars and you got to learn alongside them? I think that is way more valuable, and not enough people put effort or thought into that concept. If this is a long game and you're in it for the long haul, sacrificing now to learn, and then going forward, is really where it's at.

And so, learn as much as you can, but you have to take action, you have to and it's not an option. It doesn't mean go buy a bad deal, it doesn't mean blow a bunch of money, but it means, by doing, by saying. There's a lot of people that claim they take action, but I love to look at their calendars. I would love to spend a day with them and see how much action they're taking because I guarantee you it's not that much. But your head would spin off your body if you saw how much happens in a day over here in this operation, but I love that, I love that part because my days are set with intention. I get on planes, and I go network with people, and I get on the phone with somebody, and I provide value where I can and that's all action. That's what has led me to where I'm at.

I implore you to get out of your comfort zone, get out of your head, and take action. And I guarantee you, lose, draw, whatever, you're going to win in the end, because you never lose money. You're either making a profit or you're learning and it's as simple as that. And the money I lost last year in business, it sucked, but still, the greatest lesson in my entire life was growing that business for six months and learning things about myself, that if not in that business, there's no way I would have learned about myself.

My buddy, Brad Johnson, said, "I am not my bio. I am my failures because my failures are what made me." And how you get to failures and become a better person the other side of that, is by taking action. It means go fast, it means that you have to get out of your comfort zone. This investing, this business, that you're in, is a mindset business. I spend a day with syndicators who have a thousand dollars in their bank account and they're looking at $30 million properties, $10 million properties. I don't know if he's qualified, but I'm just saying. Find the deal and the money will follow, everybody's so worried about all this stuff, how, why...just do it. Get out there, make mistakes, be better, go better.

I was talking to a friend of mine who sold my first investment property three months ago and I've been doing this for a while and it was the first time that I was like, oh yes, you did it. Proof of concept, you did it, you bought the house for 50, you put 50 in, the house grossed $32,000 on air Airbnb for two years, and then you sold it for $180,000. It took me nine months to buy that deal, seven months to remodel, and then run it for two years as an Airbnb. It's not quick money, but that money, regardless of the total amount that it was, told me more about myself than I ever needed to know, because it said, “You bought right, you did it, you made the remodel..." And don't get me wrong, I rebuilt that front of that house with my ex-father-in-law, and I was down in the floorboards, and I made 60 runs to the dump and the money that I made as a profit is a plus, but it's not what matters, it's the validation of, you did it.

And so, that's bigger than any dollar amount because if firms up the beliefs that you can do this. When I bought that house, I literally had bought a house two months before, I had been trying to buy the house for nine months and I had no money and then I figured it out, I found somebody to partner with me, because it was such a deal, that I knew I had to figure it out. I ran out of that meeting and then called whoever I could call and got the money and look at what happened, everybody made money, I learned a lot about flipping a house, remodeling a house. It's a beautiful 1930s house, that'll be the way for the rest of its life and we brought it back to life and the people that sold us to us are happy because it was in their family for 40 years. Everybody wins.

And the only way that happened was by taking action, taking action and moving forward. And there are so many people sitting on the sidelines, waiting for the moment, waiting for the market to change and I am here to tell you that the market doesn't change, it always changes, so you have to get out there, you have to be bold, you have to make mistakes, you have to fall forward. And I promise you, if you have the right mindset if you keep pushing forward, all the glory is on the other side of this. So, get out there, do a deal, partner with somebody, make the phone call, go to a networking event, because you never know what's going to happen. But I know what's not going to happen by sitting on the couch and not doing anything, you're going to stay exactly the same way that you are today and that's a crying shame. Look, mistakes are awesome, it means you learn, and guess what? If it's a money mistake, it only takes one time and you learned that mistake real quick. Trust me. I can let you know.