The Options and Opportunities of the IDEAL GROWER system

The O in the IDEAL Grower system actually covers aspects of duality. On the one side is the O for options and opportunities. On the other is the O for Obstacles. Today we will focus on options and opportunities.

The first aspect to look at is the strategy that leads to the goal we set in the mentoring session around the G in GROWER. Part of this mentoring program is to apply steps that lead to investments in residential real estate (single-family home - 4-plex) meeting certain criteria, like the 1% rule. Form the IDEAL part of the system we know that we want to use leverage to increase our results and the performance of our investments.

When we look at opportunities and options there are the ones that directly impact our ability to invest. At the same time, there are also issues of mindset, drive, energy, passion, etc. It is one thing to want to become economically independent and ultimately financially independent. The other is to take the proper actions to get to that goal and beyond.

When we are faced with options and opportunities, good intentions can turn into unintended results. Let me tell you a quick story I first heard from Aviad Goz, the inventor of the NEWS coaching system. He uses it when speaking about the limiting believes many of us have.

The Story of the Butterfly

A man saw a butterfly in a cocoon. The butterfly struggled for a long time to get out of the cocoon. The man felt compassionate and wanted to help. He took a little knife and opened the cocoon. The butterfly emerged, tried to move around and open its wings. This went on for hours. In the end, the butterfly died. The man was sad and consulted a butterfly expert. The expert explained that in its struggle to go through a narrow crack in the cocoon the butterfly squeezes the liquids from its body to veins in the wings. These liquids filled veins form the skeleton of the wings and allow them to dry and open up.

"In your wish to eliminate the struggle for the butterfly you did not allow it to complete this process, so he could not fly and eventually died," said the expert to the man.

If you are the captain of your ship and think in positive ways, you will see yourself as a creator. A statement you will hear often in our mentoring program is:

“To be a creator, I create my life with my own choices”

For anybody who likes to dig deeper into the approach of a creator and getting into what some people call “Your Soul Purpose”, Kris Krohn wrote a wonderful book, actually a story with a lot of deep meaning called “The Conscious Creator”. If you have heard about “The law of attraction” and sometimes wondered why it is not working as easy as it sounds or if there is more to it, I recommend to read this book. It actually provides the 5 missing parts that need to be in place to make the law of attraction really work for you. In the IDEAL GROWER mentoring program, every member gets the Conscious Creator audiobook and a worksheet that shows all 6 parts to becoming a successful Conscious Creator.

On the investment strategy side, we have to look at the starting position you find yourself in. The questions to explore are as follows:

1. Do you currently have free capital to invest and how much?

2. Do you have existing investments that you like to exchange and use for your IDEAL GROWER strategy? If yes, how long will it take, how much is it, will you use 100% or less, and what kind of assets are we talking about

3. Do you have existing retirement savings, i.e. 401K, Roth IRS, or others that you might want to use to implement your IDEAL GROWER strategy? If so how much and what potential penalties are you looking at.

4. Do you already have cash flow insurance? If not, how do we need to adjust your insurance situation?

5. Do you have real estate assets that are not performing well (compared to the IDEAL GROWER criteria) and can you exchange them for better-performing assets

6. Are you interested in developing a legacy that preserves the economic and financial independence you will reach in the IDEAL GROWER system for many future generations? If so, what have you done so far to make sure that your assets are secure long term?

7. Have you explored the option of being/having your own bank and any combinations with home equity lines of credit, business credit lines, etc? If so, how much of what’s available to you have you already established and what do we still need to put in place for you to become a full-fledged IDEAL GROWER?

8. Do you own one or more businesses? Are they investing or provide retirement planning? In that same category, do you hold any of your investments in a business structure for liability protection and tax advantages? (This is part of a derivative of the “family office” very wealthy people can afford). If not, I will introduce you to a partner whose company specializes in setting up your LLC structure for maximum protection and tax benefits.

There are more questions to answer along these lines and each will fill in the overall puzzle of options and opportunities.

Finally, Options and opportunities include an outlook into the mid-term future. This outlook takes into consideration that you haven’t fully reached your economic or financial independence, but you have made some strategic investments following the IDEAL GROWER model.

There comes a pivot-point when you exceed 5 investment properties in your portfolio that will allow you an accelerated approach towards your goals.

When reviewing the O in IDEAL GROWER we will illuminate this pivot point, both as a means for motivation as well as a gauge for progress towards the longer-term goal of financial independence.

As you can tell, the options and opportunities part of the O in IDEAL GROWER is a substantial component of the model and the obstacle-part that belongs to this same category will be equally important. Let’s look at that part in the next article.

I hope to hear your feedback and comments and if you feel you are ready to explore the IDEAL GROWER program by signing up for a free strategy call, let me know and we find a good time on the calendar.