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Updated over 9 years ago on . Most recent reply

User Stats

455
Posts
182
Votes
Austin Hughes
  • Rental Property Investor
  • Lubbock, TX
182
Votes |
455
Posts

Zero deals & wildly successful.

Austin Hughes
  • Rental Property Investor
  • Lubbock, TX
Posted

I consider myself a huge success.

&Yep, I still haven't done my first deal yet.

Did any of you listen to the BP Podcast with Grant Cardone? In it, he said something profound. He said, "Success is not measured by comparing yourself to others. Success is the distance between where you are, and where your potential is."

That statement is huge. We shouldn't compare ourselves to the average joes, because even if we beat them, we are barely above average.

I know for myself, I have huge potential. When applied, and ceteris paribus,  I almost always become one of the best at whatever endeavor I undertake. This is not to brag, but to say that my work ethic and determination are matched by few.

That being said, why would I consider myself a success in real estate? Because I have been studying my market, reading everything I can, and grinding for the past 8 months, and haven't done my first deal yet. Most people would call 8 months of impotence failure. But in my eyes, when you pursue something so viciously for a time period like that, and see ZERO RESULTS, 99.99% of people would give up. But REMEMBER, we don't compare ourselves to others. Let me rephrase. 99.99% of the time, I WOULD probably give up and say it wasn't meant to be.

But I see the light at the end of the 50 year tunnel, and that light is the Sun.

I'll let you guys know as soon as my first deal is done. I won't even tell my family until I tell my fellow investors and motivators on BP. You have my word!

God bless all who read this.

Most Popular Reply

User Stats

455
Posts
182
Votes
Austin Hughes
  • Rental Property Investor
  • Lubbock, TX
182
Votes |
455
Posts
Austin Hughes
  • Rental Property Investor
  • Lubbock, TX
Replied

@JD Martin

I wish more people had a positive outlook!

Yes, I don't take that as criticism. And I've been learning a lot of Drucker in my management courses.

I don't see the knowledge as what makes me successful, because I still have a LOT to learn. What I was saying is that I have hit many walls, and I haven't given up. THAT is my lone accomplishment. The fact that I have and will stick this out to the end. I know that because I am still at it.

And it's not like I haven't been trying. I have had a screwed up situation with my credit when I had a deal, and couldn't pull the trigger. Now it's fixed and I'm making offers. I've had "motivated sellers" who wouldn't even consider the offer I submitted, which wasn't even a low ball. I'm in the middle of a mail campaign. I've built my network to include realtors, investors, financial partners, contractors, handymen, lawyers, and a tax accountant.

So I've definitely been doing things and applying what I've learned. But I have also been through some trying times and tested my staying power. It held up. I feel it will be much more easy to stick out the tough times when I actually have properties too!

Thanks for expanding my thinking JD.

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