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  1. WJK

    Cause & Effect [Progress Thread]

    HOT! EXECUTION 
    Good idea!
  2. WJK

    Cause & Effect [Progress Thread]

    HOT! EXECUTION 
    I've already had a couple of cold calls this morning. I hung up on them. I was busy. Your face is your best business card. Talk to everyone! As I've said before, use your mouth and your ears in the ratio God gave them to you. Listen twice as much as you talk. When you talk, ask open-ended...
  3. WJK

    I believe in magic, and why you should too.

    GOLD! MINDSET 
    I thought about this thread over the weekend... you getting beat up by the pack of boys. When I was 19 and I moved to downtown Los Angeles, I had a similar beat down, although it wasn't physical. I went to a private fashion/business college with a bunch of privileged girls. I was a poor...
  4. WJK

    You get rich owning things you control...

    GOLD! NEWSLETTER 
    Your concern is valid down the road. I'd rather have the grape rather than a piece of the melon. As you become more successful, more money and assets really don't mean much to your personal happiness. Your freedom of time and direction means a lot more.
  5. WJK

    You get rich owning things you control...

    GOLD! NEWSLETTER 
    In RE it's all about the choice between leverage, using OPM (other people's money), and doing projects with personal cash. Your success at creatively using debt depends on where you are in the business and debt cycle. Debt can work in your favor when the property values are increasing at a...
  6. WJK

    Cause & Effect [Progress Thread]

    HOT! EXECUTION 
    The reason for possibly working for free is to set up a trade with that owner. My idea is for you to make your relationship very successful for that business. Then your future prospects could call that owner for your personal reference. That would be powerful. It only must work to get you up...
  7. WJK

    Scared shitless to quit my job

    MINDSET EXECUTION FEEDBACK 
    Learning to create leads and then closing the sale is quite a trick. IF you're gonna do this, you'd better do a full self-education program. If you are going to go independent, you'd better be ready to drop the hammer. The alternative of owning part of an agency might be attractive IF you can...
  8. WJK

    Cause & Effect [Progress Thread]

    HOT! EXECUTION 
    Find one business owner and help them regardless if you get paid or not. You must create a track record to show what you can do. Have you thought about going around to gyms and doing a guest workout? You could work out a couple of times per day to get your nose under the tent.
  9. WJK

    You get rich owning things you control...

    GOLD! NEWSLETTER 
    You are asking an excellent question. How do you expand while paying yourself? Expanding a business costs big bucks and it takes time to get the rewards. I've had the same challenges in my RE business. I hate debt. I run from having partners. I do have a crew that I pay. And I have learned...
  10. WJK

    I believe in magic, and why you should too.

    GOLD! MINDSET 
    I had a very rough beginning. Like you, it's taught me to step up front and center, do what I know is right, tell the truth the way I see it, and take my licks. Most of the time they don't come. People are really impressed with courage and conviction. Those qualities put you into a different...
  11. WJK

    How Do You Spend Your Freedom Coupons?

    OFF-TOPIC 
    What's most important in my life is the people. I have a whole bunch that I mentor or who I have helped. I provide the only group of affordable housing in my community and the only self-service Laundromat. At times it's very stressful. There is a balance between helping enough to make a...
  12. WJK

    How Do You Spend Your Freedom Coupons?

    OFF-TOPIC 
    How do you define "freedom tickets"? I just commented on your other post. You sound a lot more hopeful. I assume you are asking about the privilege of being financially independent. I'll answer based upon that assumption. I invest in my personal education every day by listening to books and...
  13. WJK

    My Journey

    EXECUTION 
    That's the key. You've taken the first step. You sound like you are doing better.
  14. WJK

    The war against your self esteem

    NOTABLE! HOT! MINDSET 
    Being equally yoked with your wife will bring you a strength you can never find with a subservient mate. The synergism it creates is priceless. It multiplies your joint efforts. My husband and I have been together for 19 years. He is my best friend and together we have, and are, moving...
  15. WJK

    Raising money vs Bootstrapping -

    IDEA SCALING EXECUTION 
    I am against debt and taking on partners. I'm all about bootstrapping. And I LOVE my equity positions. I've had to borrow in the past since I'm in the RE business. But I retire that debt as quickly as possible and try to do projects out of pocket. I'm very good at cutting my costs and...
  16. WJK

    Lack of focus and distractions

    MINDSET 
    You get out and do new activities that involve people. Changed out your workout routines. Go to some community runs or events. Take a hike on a busy trail. Go to community activities where there are people. Join a group that builds websites. Change jobs. Go to the local youth center and...
  17. WJK

    I have a problem with MJ DeMarco (Follow your passion gets a beatdown)

    GOLD! HOT! 
    I have found that work itself many times doesn't matter. The subject of the business is toward the bottom of the list. It's the ultimate results and the influences that count. It's like throwing that stone into the pond and watching the ripples fanning out to the far reaches of the shore. The...
  18. WJK

    I have a problem with MJ DeMarco (Follow your passion gets a beatdown)

    GOLD! HOT! 
    I'm not sure that I equate my passions with my identity. I believe that passions are malleable and reflective. They drastically change over our lifetimes. The part that is more immutable is our basic core values and belief systems. I've developed several passions from that moral center that...
  19. WJK

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    You're right. The value of RE depends on supply and demand. The problems and the rules of the game haven't changed since humans organized into groups who live together. So what now? I think that the problems that you have conflated are mostly distinctive. I don't think that the "bosses" are...
  20. WJK

    Married with a Child, now what?

    How about a situation where you live with your wife and daughter? You know -- like a real family. You talk about wanting time with your daughter, but you don't seem to be as passionate about time with your wife. Uh? You might even want more children. It sounds like a change of employment or a...

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