Fernando Valenzuela was one of the best pitchers in Dodger history. He won Rookie of the Year, a Gold Glove Award, a couple Silver Sluggers and the most coveted of all for pitchers, a Cy Young Award.
As icing on the cake, he also threw a no-hitter. The guy could flat out pitch. Like so many great pitchers with superior baseball minds, he knew when to take the road less traveled.
How I Bought, Rehabbed, Rented, Refinanced, and Repeated for 14 Rental Properties
This is the dream right? Going from zero to 10+ rental properties, providing stable cash flow and long-term wealth for you and your family, and building a scalable business model to boot! Learn how this investor did just that, in this exclusive story featured on BiggerPockets!
Here’s an Example
One night at Dodger Stadium, he’d found himself in a jam while protecting a one-run lead.
With two outs in the ninth inning, his last pitch had gotten too much of the plate, resulting in a triple. He’s not walked a batter all game, as his usually stellar control was even impressive for him that evening. Anywho, he quickly proceeded to walk the next two hitters on eight consecutive pitches, appearing to have suddenly lost all control.
He then struck out the next batter with four pitches, the last of which was with his patented screwball, ending the game. The usual post game interview was conducted by the legendary Vin Scully. Now Vinny KNOWS baseball, period. He’d put 2 ‘n 2 together and suspected Fernando hadn’t issued those couple of walks on accident. His thinkin’ being that after eight-plus innings of pinpoint control and no walks, he hadn’t suddenly lost it, then miraculously regained it just in time to record the dramatic final out.
After the usual congrats for a complete game win and the last inning heroics, Vinny asked about the walks.
Fernando demonstrated his brilliance with the answer. He knew he needed but one more out to get the win, as long as no runner scored. He also knew the next two hitters had been doin’ well against him the whole game, something he could ill afford with the tying run perched on third. He also knew that he “owned” the batter in the lineup hittin’ right after those two.
He simply walked the two guys in order to get to what he “knew” was a virtually guaranteed last out.
Trust me on this: “The Book” preaches you simply don’t purposefully put the winning run on base in the last inning of a one run game. Unless, that is, you see the actual scenario that allows you to escape with a win, even though precious few share the ability to actually execute the escape. Fernando was one of those rarities.
He not only spotted what he considered his only way out, but he considered it a gift from the baseball gods. 🙂
Fernando Valenzuela was a bona fide expert in a field populated by the world’s best in his industry.
What he did was see the situation for what it really was, dire. But unlike most of his peers, he also saw the solution as the “gift” it was, executing it flawlessly and with maximum confidence.
Your Own “Team”
When an investor sets out to create their own team, each position should be filled by a Major Leaguer. Think about it for awhile.
There are countries whose combined populations of roughly over 2 billion people view baseball as one of their sports. Yet in all of baseball around the world, there are a measly 750 Major League jobs available. It becomes far more impressive when we break those jobs down by position. With the lone exception of pitcher, there are just 32 starting jobs available for each of the 8 defensive positions — just 32 — in the whole world.
Frankly, from where I sit, anyone on an active MLB roster is a world class expert.
To experience vastly superior success in the creation of a magnificently abundant retirement using real estate, notes and other vehicles, your team members don’t need to be as rare and elite as MLB ballplayers. But you get the drift, right?
Your Team’s “Position Players”
- Real estate/note expert
- Tax expert
- Self-directed retirement plan expert
- Insurance expert
- A slam dunk expert lender
- Pro management expert (often the most difficult to find)
There are more than those six, but I’m sure you get the gist. If you want the results experts get, you must have an all-star team of your own — and BEFORE you get started, if possible.
Already in the fifth inning? Press the pause button, and put a team in place. I’ve always loved this Charles Darwin quote.
“Even people who aren’t geniuses can outthink the rest of mankind if they develop certain thinking habits.” – Charles Darwin
In my experience I’ve noticed something that tends to get lost in the weeds when it comes to “experts” in a given field. Using the NFL as an example, teams rarely “miss” when drafting in the first five picks of the first round. Sure, it happens, Ryan Leaf and JaMarcus Russell being prime examples.
But the teams who win more than they lose over many years are the ones who find gold from the third round on. Surefire Hall of Famer Tom Brady wasn’t drafted ’til the sixth round. That means 31 teams passed on a slam-dunk hall of famer at least five or six times, on purpose. Dan Fouts was ignored ’til the third round. There are experts, and there are experts, right? Not sure about you, but I measure the worth of an expert by the results their judgments produce.
Choose your experts carefully. Captain Obvious, you say? Alright, I’ll give ya that one. But when you’re bettin’ your retirement income on these folks, maybe Captain Obvious should be part of your search team. 🙂
Have you “drafted” your real estate team yet? If so, what criteria did you use?
Leave me a comment below!