This morning at the gym I had a really brief talk with one of the owners about the importance of spending time to just “think”.
The times in our lives with we’ve accomplished the most we’ve followed a pretty regular routine:
1. Get up early.
2. Spend about thirty minutes thinking and dreaming.
Thinking about our lives.
What we want to accomplish.
What to change.
What to add into our lives.
What we’d like to remove.
What’s going right and what’s going wrong.
3. And then spend about 30-60 minutesRead More
It’s very seldom we get the opportunity to peak into the mind of a true master.
And when the opportunity presents itself … we pounce.
That was the case with Georges St-Pierre’s new book, The Way of the Fight.
If you’re not familiar with Georges St-Pierre (GSP) he’s the current UFC Welterweight Mixed Martial Arts Champion.
He’s considered one of the pound-for-pound best fighters in the world.
And perhaps more importantly, he’s a thoughtful, articulate and a well spoken ambassador of the sport … a true “martial artist”.
Definitely not your typicalRead More
I was SO pissed at Robert Kiyosaki … you know, the Rich Dad Poor Dad dude.
After reading what I think was every other book in his series and generally loving them … I came across his “Business Plan” book.
And in there he mentioned that you shouldn’t quit your job until you had enough cash flow from your new business to support yourself.
I wanted to quit my job …. like yesterday.
And this guy, my hero, was telling me to hold off.
Didn’t he understand that my mindset was right … I was ready to doRead More
The other day someone we know got offered a 5-year fixed mortgage for 2.79%.
In the 1980′s our parent’s had a mortgage on their Mississauga, ON home for 16.5%.
How times have changed.
I bought my first “family home” for $279K.
It was 4-bedrooms with a two car garage.
This was about ten years ago.
Today that same home sells for approximately $600K.
About 8 years ago we bought our current home for $408K.
At the time I thought we were crazy.
Today the same home would sell for approximately $850K.
It’s more than doubled in 8 years.
If you’re thinking of aggressively growing your real estate portfolio or want to leave your 9-5 gig for the world of entrepreneurship we’ve got some advice for you…
Better grow yourself some thick skin.
The amount of problems you’ll have to face is NOTHING in comparison to the amount of crap you’ll have to deal with from other people.
Luckily, as you grow your portfolio and your business you’ll pick up some real friends along the way.
Both Nick and I have managed to develop some real relationships with good people that will last a long time.
Many moons ago alchemists were best known for the attemptsto turn lead into gold.
Quite a feat – that was never quite accomplished!
But every single day you and I are turning the “non-valuable” into”valuable”.
You’re picking up real estate properties that other people are getting rid of and transforming them into profitable incomegenerating assets.
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Warning: Stranger than usual rant ahead…
We lost a real estate deal this week.
A big one.
One that we really wanted.
And it hurts.
I mean, we’ll live, but it was a good deal and we hesitated… only for a moment… and we lost it.
There’s something funny we’ve observed about our own lives.
Each time we’ve waited until “we’re ready” to act, to do that new project, to take that next step… we lose.
And we think we’ve figured out why.
We’re aboutRead More