Eric Medemar here,
A few weeks ago I decided to celebrate the finale of the Hunt for Bin Laden in my own special way… by playing hooky from real estate wholesaling stuff so I can just hang out with my grumpy, hungry and often angry pregnant wife and my “Growing up way to fast” 5 year old.
Just for the record, hooky is drastically more fun as a grown-up than it was in elementary school. To some of you this may sound strange… and hell, I am pretty strange. But, over the past 8 years or so, I’ve discovered it’s things like playing hooky on a moments notice… without having to call in sick… that have proven far more rewarding than all the fun toys, vacations, and money real estate has brought me.
Even though I could go on and on about all the fun I’ve had playing hooky, that’s really not what I’m here to talk to you about (Real Quick Hooky Tip: if you’re a dad or angry woman and you’ve got boy’s or even girls who like to fight… YOU MUST… run to Walmart and buy the Nerf Battle Axe and Samurai sword… you might also wanna buy a jock strap too)
By a show of hands, how many of you reading this right now are 100% confident that terrorism will now come to a screeching halt now that we’ve sent Bin Laden to swim with the fishes?
It’s really not much to ask, is it?
After all we’ve spent the better part of the last decade chasing this dude around the desert, there had to be a point right?
So what’s this got to do with wholesaling? What’s this got to do with you? Would you believe me if I told you it’s got EVERYTHING to do with wholesaling and everything to do with YOU?
Here’s how: I don’t know about you, but looking back, I’ve had plenty of Bin Laden’s in my life. No Bin Laden’s not a distant relative or anything (though I was a bit suspicious of Uncle Joe), by “Bin Laden’s” I mean to say, imaginary ties between people, events or circumstances and my desired outcomes.
(Desired Outcome) The U.S want’s to end terrorism ? (foolsih action) We hunt the supposed king of terrorism in the desert for 10 years ? (likely outcome) A new probably crazier Bin Laden steps into power and keeps “Terroring” (My own word).
(Desired Outcome) Make a ton of money in real estate ? (typical action) wait till the market straightens because then it will be SAFE and EASY to get rich ? (likely outcome) Years will pass, the market will get better and you’ll find a new Bin Laden to chase around rather than just closing some damn deals.
Can you spot the distinction? Hunting Bin Laden and ending terrorism are not mutually exclusive events… just as waiting for the “perfect real estate market” and you getting rich are not mutually exclusive events. One CAN happen without the other. Or as the always clever Dr. Phil might say “Son, you’re barking up the wrong tree”.
I’m not saying, “If you wanna get rich, you gotta start investing today”… What I am saying is “If you wanna get rich you gotta get real” (wow, that also sounded remarkably like a Dr. Philism)
“You’ll never discover the right solutions by chasing the wrong problems”, that’s exactly what I tell my private clients. Except they happily fork over $10k/yr to hear me say it… and now your getting it free.
In other words, if you’re not making a fortune in real estate right now, it’s not the “Markets fault”, it’s your fault for not learning the skills required to close deals in this market. It’s just that simple.
Crazy isn’t it? How simple things get once you get honest with yourself.
And now I’m honestly sick of typing and ready to resume playing hooky.
CEO The Unemployed Investor Inc.
P.S. Seriously this whole honesty thing will work miracles in every area of your life… So get over yourself, get honest, get happy, get healthy then get wealthy… and do it all wholesaling real estate if you want