Half Way Through 2009 … Are You Where You Want To Be?
Posted by Patrick_Riddle
Filed under Private Money Monthly
I was just on the phone yesterday with my brother (my much older brother) wishing him a happy 33rd birthday. We couldn’t help but talk about how fast time seems to fly.
Have you ever woken up one day and thought to yourself, “Where did all the time go?”
I had a moment like that earlier today when I suddenly realized that we’re half way through 2009! It seems like just yesterday I was writing down my goals and formulating my plan for the year.
Just like in a football game, now is the perfect time to take a “half time” so that you can rest, think about what you’ve done well and what you’ve done poorly, and invest everything you’ve learned into your game plan for the remainder of the year.
Check out the video below . . .
With that said, it’s time to reflect on the first half of this year. Are you where you want to be? Is 2009 turning out to be the kind of year that you know it could be . . . or are you still just doing what you’ve always done and getting the same old lousy results?
What’s holding you back? Why aren’t you achieving what you know you should be?
Here’s what I want you to do . . . in the comment section below, tell us what one major roadblock or obstacle is holding you back? If you’re not sure, just imagine that you are sure and know what one thing is blocking your road to success, what would it be? And tell us why you think that is?
We’re here to help. We want to help you formulate a game plan for the 2nd half.
We’ll be checking back here regularly to respond to your comments.
Get ready to put your game face back on . . . 2nd half is about to start.
- Patrick & Trevor
Want more private money videos? Check out our YouTube channel by clicking below (subscribe to our channel while you’re over there so you don’t miss out on any new videos) . . .
I seem to be an information junkie. I’m assembling a lot of knowledge, but I guess I need a kick in the a$$ to get going. I sign up for every webinar, I’ve bought several courses(sorry, I know it was cheap, but at the time, I couldn’t afford yours), I’ve been to the courthouse and even sent out some letters. Didn’t get any responses. I just need to make it happen once, and I know I can do it again. Hopin’ for better days, Bob.
Patrick and Trevor,
I have to be honest with you, and actually myself, I have not been able to move from planning to action. I have developed the foundations but now need to move forward and implement them. I know that I have what it takes, just need the confidence to DO IT!
Debt. Mine and others.
Cannot sell a house.
Staying focused on one particular niche, and being the best I can be at it, before moving on to the next area of RE investing. FOCUS!! and FAITH! Just getting over that “hump”……thats a dose I could use more of.
just getting going with real estate investments so I can’t say what my roadblocks are yet.
but wanted you guys to know I appreciate the freebies you have done and look forward to using your systems and consulting in the future when I can afford it…
Cheers!
See, there’s the problem – I don’t have a Website! (so I didn’t fill in that box).
Actually, no excuses. The biggest thing holding me back is not networking with everyone I come into contact with. I am still shy to tell people I am a real estate investor. It’s not that I’m not a confident person. I am very private though – I prefer to keep my personal life very separate from business. But I know I need to network more about the opportunities I can provide to the passive investor. I need to memorize a real kick-ass elevator speech and say it to everyone. (Why am I not doing it?). I’m getting private money but how much more would I be getting if I would network better. Actually, I need about $200k for smokin’ hot deals I just found last weekend 2000 miles away from my house!
Thanks,
Tim
I’m liking the messages you guys give out. First half of the year (2009) is behind us and no need to dwell on it if it didn’t go your way (or as planned). I’ve been planning and implementing a business plan that I know well get me a much better result for the second half of this year. Keep the positivity going…
Like many others, going from education/information to ACTION! I sure know a lot for having such mediocre results!
I’m having a hard time funding aquisitions let alone finding private money lenders.
Hey guys and gals!
Thanks for the great comments!
Robert, it’s a shame… but too darn many people get wrapped up in the whole “information coupled with no action” circle. Information and courses in of themselves isn’t a bad thing. It’s what you do with the information you’re learning. You need to make a mindshift rather than trying to learn everything and do “just in case” learning (learning everything “just in case” you’ll need it sometime)… you need to start doing “just in time” learning (learning what you need ONLY right now to move to the very next step in the process.). Only learn what you need to learn right now to learn to the next specific step.
If you have no seller leads coming in… the only thing you should be learning right this second is how to market to get leads (which our private money blueprint course has detailed bonus modules on that)… if you have seller leads but don’t have money to close the deals… you NEED to learn ONLY about how to fund those deals (i.e. – private money).
Also, just sending out 1 round of letters isn’t enough. I often don’t get responses until the 4th or 5th time i’ve contacted someone. So, send at least 4 or 5 letters to the same person about a few weeks apart each. The fortune is in the follow up.
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Jim, same thing as Robert. Start to do “just in time” learning… and more than anything… you need to really figure out in your inner core what it is that you want out of life. I was in the circle of not taking action but pretty much knowing all there was to know about real estate for over a year… and it wasn’t until I really figured out what I wanted out of life (specifically… very specifically) that I had the emotion behind me to compel me to take action. I can tell you that you’ll never take action until you yourself decide that it’s important enough to you and your life (and your family’s life) that you get out of your rut and live your dreams with real estate.
I don’t think it’s a confidence thing… if you want something bad enough you’ll find a way to do it. You just need to figure out what you want and why… and that will drive you to action (it did me).
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Justin and Warren, you said it my man! FOCUS!
That’s one of the biggest things that separate successful people from the unsuccessful.
Like I said to Jim… figure out what you really want out of life… figure out what you want your “ideal average day” to be like… and pick a real estate strategy that fits it. It looks like you’ve got “shiny object syndrome” (S.O.S). And… you know what ships say when they’re sinking??? Yep… S.O.S. Stop looking for the latest and greatest… and look inside yourself for what you want in your life… and focus on ONLY the strategy that will get you there… and forget the rest.
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Evan… great on getting that biz plan going!
That’s a first step. But, make sure you put hard deadlines on when that biz plan is going to be 100% finished… because the best business plan in the world won’t make anyone any money unless it’s put to action.
So, set a date within the next 14 days when it’ll be done. And, set a date within the next 21 days when you’ll have implemented at least 1 strategy to generate seller leads.
Keep pushing forward!
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Thanks for the comments everyone! Keep them coming!
– Trevor
Today I am putting together my first private money deal. I have two private money lenders and searching for more. The goal is to find a million in private money and then spend it on sf homes in my area for rent and rent to own. I will also then turn it over every two years and do it again. It really is all about personal relationships. I just did not understand what that meant until now. Thanks a bunch for the info.
Hey Dennis,
Congrats!
You’re 100% right…. it’s all about personal relationships. You have to build trust with a private lender prospect before they’ll be willing to write you a big fat private money check.
Let Patrick and I know how the transaction goes!
Thanks for all the input guys!
Looks like Trevor has beat me to the punch over here to get back to everyone … keep the comments coming guys.
Let us know how we can help.
- Patrick