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Updated over 12 years ago on . Most recent reply
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Regaining Confidence/Credibility
I'm not a new investor, but I'm feeling like one all over again. After raising money for various deals only to see it lost due to scams and inexperience a few years back, I'm working to regain credibility with private investors and do deals again. Its an understatement to say its been tough to get over the fact that I let down my investors early on.
I've recently completed paying back several thousand to a friend that invested with me early on, and I plan to make right with all of my past investors. If there's anyone here that's dealt with a situation similar to regaining confidence and/or credibility after losing investor's money in the past, I'd like to hear what actions assisted you back into full fledged investing without the timidity after leading previous investors to disappointment.
Most Popular Reply
I think you are correct, a lot of investors including moi, took serious hits on their investments, credit over the past few years, most investors do not want to talk about this, they would rather paint a rosy picture about real estate investing, but I think that is part of life, in terms of credibility, if your investors lost money with you, the only think you can do is what you are doing right now which is to try and make them whole, I think your credibilty will remain intact as long as you are doing the right thing(easier said than done) keep your head up, this too shall pass.