Don't look down
“I've learned that everyone wants to live on top of the mountain, but all the happiness and growth occurs while you're climbing it.”
There is a lot to learn when one starts any new endeavor. depending on the desired outcome, consideration must be given to the obstacles that occur not only in reality, but also hypothetically. there are subtleties and nuance in every situation that demand attention lest one small detail be missed and the whole project derailed. this is the lesson i'm learning right now. as a naive 20 something i am swept up often by the glitz and glamour of the "successful". frustrated by my own perceived shortcomings, which are nothing more than the learning blocks, set in my path to help me grow. more and more, the emphasis of "making it" is drilled in to my sub-consious, until in frustration, i begin to flail striking out wildly and purposelessly simply trying to hit... anything.
the focus today is on patience. being confident that the things that i am working for will come to fruition. having pure belief. its difficult sometimes, on one of my projects, the house i've found is a steal. sure, its in a rougher part of the city, but all of the numbers are indication that this is a slam dunk. yesterday however, i found myself anxious over wether or not i would be able to get it under contract. i found myself pacing the hallway, unable to think about anything else and tingling with both the excitement of having found this amazing property and the feeling of dread that the deal will somehow fall apart on me. it could still happen as i haven't gotten back the contract i sent over (supposedly the one partner needs to show it to the other), but as i meditated this morning, i realized that even IF it doesnt work out with this property, there are literally thousands of similar properties out there that have motivated sellers.
the true goal here is acquisition of a raw set of skills: the ability to identify and negotiate with motivated sellers after performing a property analysis to figure the true value of the property and then market the property to end buyers. negotiation and marketing. these two are so important because i am not doing this to be a wholesaler for the rest of my life. but these two skills will help me out further on to grow and maintain my business.
after i realized that, it was as though i released a valve in my brain. all of the pressure to make this happen is gone. don't get me wrong, i still believe its going to happen, just now i'm going to focus on the next step, which is filling up my pipeline with similar deals.
had to get that off my chest as i've been mulling it over all day.
The multiplex is now a source of challenge as there is more value being added now that will make this an AMAZING deal for not only myself and the seller but also the end buyer. the great part about this deal is its forcing me to be creative. i am looking for a certain profit, and so is the seller, but the property is not quite enough to satisfy everyone involved. the solution? now i am looking to assist this seller move a couple things he has in inventory (namely a refurbished 66 mustang, a 1930 ratrod, 2 other properties, and a biplane) so that i can lock in a killer deal and wholesale it for a nice profit.
i keep thinking about where i want to go, and i keep feelin SO close, but i can't stop now. i'm going to make this happen and i'm going to accomplish the dreams i've set for myself.
as one of the smartest people i know used to tell me: the hard part (talking about it) is done. now i'm going to go do it
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