The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

The Rich (article)

Remove ads while supporting the Unscripted philosophy...become an INSIDER.

SteveO

Legendary Contributor
EPIC CONTRIBUTOR
FASTLANE INSIDER
Summit Attendee
Speedway Pass
Jul 24, 2007
3,880
16,603
3,254
I'm sure that most of you have seen this:

http://articles.moneycentral.msn.co...apeTheRatRace/TheRichHaveMoneyAndPassion.aspx

Although it is nice to see that I fell into the top 1%, the mold isn't something I can squeeze into.

It turns out that in some cases money is the motivator. The thought of going to work to make something better is not everyone's cup of tea. Sometimes people would rather do other things once given the chance.

I had a plan to expand my real estate holdings. I can still do this with minimal work at this time (processes in place) and that is all the attention it is going to get for now. That doesn't mean that passion wasn't a big part of it. I lived, dreamed, and breathed RE for the first few years. This is necessary for anyone to get started.

Willingness to take calculated risks are crucial. Planning is key here but fear can stop a process before it can begin to roll. My ex used to tell me frequently that I was going to bankrupt us. She lived in fear of this even after we had over 100 units.

Sometimes plans do fail. Hopefully, there is a willingness to take the learnings and start again.
 

Don't like ads? Remove them while supporting the forum. Subscribe.

Last edited:

Sponsored Offers

  • Sticky
FEATURED! Introducing... WEALTH EXPO$ED, A Short Story By MJ DeMarco
Hi Mj, I just bought it. And reading it. I think is a great idea to write using the stories to...
  • Sticky
MARKETPLACE Fox Web School "Legend" Group Coaching Program 2020
Great post @Fox, very much appreciated! How can I reach out to you? I sent you a PM a while...
  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
Hey @Lex DeVille ! Having some issues with the NOREGRETS code? Udemy thinks it has expired...
  • Sticky
MARKETPLACE Grow Your Business With a Book (An Unorthodox Marketing Strategy That Built One of the Largest...
Are you looking for a new, lesser-known but potentially very lucrative source of leads to your...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Just got off the phone with @LightHouse. Having just a 45 minute conversation with him has...
  • Sticky
MARKETPLACE Kill Bigger Incubator
@Kak Thanks for the reply. Whats interesting is that I have an idea that's been cooking which...



Forum Sponsor

sponsor

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom