Recently I hired a full time mechanic to work on my jet to reduce the maintenance costs and improve its reliability. He was sitting in my office with my pilot, my CFO and myself and we carefully and slowly pointed out to him all the reasons he should incorporate to save money and provide more asset protection.
I told him I’d put him on a salary if he insisted, but it’d cost him a lot of money in lost deductions and other benefits and there was really no reason not to incorporate. Of course, that would mean he’d have to make tax deposits and file one more tax return each year to save at least $10,000 in taxes he’s currently paying. I even volunteered my CFO to handle the tax deposits for him.
The next morning, my pilot called and said he decided he’d rather be an employee. This corporation stuff was just too much to handle and it kept him awake at night. He just couldn’t deal with the idea of doing anything new or different to improve his financial position in life, which obviously sucked.
Actually, it didn’t surprise me at all and I expected his answer to be exactly what it was. When he gets too old to work and applies for social security, his net worth will be approximately what it was the day he was born.
Why?
Because He Won’t Accept Responsibility For His Own Actions and Do What It Takes To Effect Positive Change.
Unfortunately, that’s exactly how 95% of the population reacts and why only 5% are in the high income, high wealth bracket. I hope you’re one of the 5%.
The opposite of this story is my pilot, Don, whom I accidentally found because his wife works at Global Publishing. He works for Delta and has several thousand hours in the cockpit. I know he’ll be reading this, so I have to be careful what I say but I think he’ll agree with my assessment of his situation.
You see, he has one big problem – he’s a thinker brains. I’m glad he is. All pilots should be. The world needs thinker brains to keep us reptile brains in check. But his analytical personality tends to make him over analyze and spend more time on what can go wrong than what can go right. It takes him five times more facts and time to make a decision than it does me.
In spite of this handicap, he’s bought his first investment house with no money and over $50,000 in equity. He simply got the deed after a seller called him on an Ad. The house needed $15,000 in work which he finally got completed about 3 ½ months after buying the house. That’s right, 3 ½ months for a job that should take two weeks max.
But hey, it’s his first deal and first experience with contractors so, I’ll cut him some slack. He’ll still do well because he bought right. No money down, no personal liability, and a lot of equity on a well-located house. Give him a round of applause.
I’ll keep you posted when he sells the house…which will probably be about a year from now.
Just kidding Don. I know it won’t take a day over six months to move that house.
I’m told there’s two people you shouldn’t insult – your cook and your pilot, who has your life in his hands.
Seriously, kudos to Don for being bold enough to make that first move. In his world of thinker brain pilots he gets criticized for even trying. In spite of that, he’s slowly overcoming his fears and pushing forward to his first real estate success, then his second and his third until one day, not too far off, he’ll be making more money than the CEO of Delta and maybe even hiring his own pilot.
The difference between Don and the mechanic is Don is moving forward and the mechanic has his head in the sand.
Don has accepted the responsibility and the reality that everything that happens to him, good or bad, is his fault.
I’m presently twenty pounds overweight. I don’t like it. My pants don’t fit right. My belt’s too tight. It drains my energy and causes back pain sometimes if I stay in bed too long – not to mention it distorts my manly physique and puts a strain on my heart.
Then, you might ask, why are you overweight?
The answer!
I Eat Too Much Crap And Won’t Exercise My Fat Ass.
Actually, I think I should sue the fast food restaurants for serving me that crap. They should know that food makes people fat and the harm they’re causing to society. It’s all their fault…or not!
I know why I’m fat and how to fix it. Its simple…eat less, move more. When I want to bad enough, you may consider me skinny.
I also know that every business problem I incur is also my fault and if I contract a disease of some sort, it’s also my fault, most likely from the crap I eat. No one to blame but myself.
Ok Ron, what’s the point?
If your business is not going the way you like, there’s a reason.
It Ain’t Lack Of Opportunity.
If you are not in the financial position you’d like to be, it is NOT because of a shortage of opportunity.
You need to get that out of your head.
Opportunity is all around you, and my world is fully populated with people who started from scratch, from zero, or worse than zero, and quickly created large income, successful businesses and wealth in a dizzying short time to real estate investing to sales to speaking to direct marketing to you name it. In fact, there are so many ways to start from zero and do well financially, the only real reasons to stay poor are ignorance, laziness, or habit.
That’ll sound harsh to anyone reading this who is poor.
I mean it too.
This is not to suggest I have no empathy for people in financial trouble or who are poor. I’ve been both. And I recognize there are people who legitimately have never had exposure to the very idea of possibilities to do better, and that is a societal problem we ought to address differently than we do. But I doubt you’re in that category. If you’re reading this article, odds are, you aren’t that deprived and ignorant. You aren’t an illiterate third generation welfare dependent who has never been outside the ghetto. You know better. And if you know it, it is possible to do well, then doing poorly and being disappointed about it, demands action. Not acceptance of failure.
If you’re not doing well in real estate, or any business, here’s a list of reasons why. Of course, you may be saying, “I couldn’t possibly know why you’re not doing well and it’s none of my business.”
You’d be wrong on both accounts – your problems are no different than those I’ve helped students solve for eighteen years now and helping you get rich – is my business.
You wanna know a secret?
It’s not really that hard!
You’re half way there now because you’ve already cracked the code to success.
If You Want To Get Rich, You Must First Put Yourself In A Position To Do So.
You’ve done that. You’re a real estate entrepreneur, or about to be. You’ve found your vehicle. Now all you have to do is put it in drive and give it gas and let no S.O.B. stop you. Back to the list of reasons that will stop you from doing well.
- Not Generating Enough Leads. Do the yellow letter campaign exactly like I laid it out on your FFN Intranet site and see what happens. Matters not where you live.
- Wasting Leads. This is a training problem easily fixed by attending Ugly, Pretty and Massive Income Strategic Boot Camps. Don’t attend, waste leads. Do attend, make a fortune. One half of one deal pays for all this. You’ve lost that much this week. Check your trash can. The art of prescreening is critical. You must learn it quickly or face extinction. Once you learn it, one hour a week’s prescreening leads will drive a million-dollar business. Until you learn it a million-dollar business will drive you twenty hours a week or more, wasting production time.
- Simply Won’t Go Get The Deed Even When You Can. This is a fear problem that can be fixed with persistence and a little grit. Don did it…you can too. Get off your ass and go see the sellers you’ve prescreened and get the deed. The paperwork will be wrong, you’ll say the wrong things, talk too much, make a mess…and then discover nobody cares about you.
- You’re Getting Deals But Having Trouble Selling Fast Enough. Again, a training problem. Get to our classes and learn how to sell on autopilot. Get the biggest problem out of the way…YOU. Let our system work. Quit fighting it because you think you can do it better. Maybe you can but if the roof is leaking, you don’t wait until it caves in to fix it. Put my system in place first, then make it better. Then you’ll discover you don’t need to improve on a system that sells houses faster than you can ever can.
If you’re talking to buyers before they’ve seen the house and been prescreened, you’re an idiot. It’s Your Fault.
If you’re showing houses you need therapy. It’s Your Fault.
If you’re not getting enough leads, you’re lazy. It’s Your Fault.
Fix the part of your business and the biggest time waster of all has been slain.
Take a trip and analyze what the real problem is and go to work on the solutions. They’re really not hard to find and implement.
Ask yourself this…
Has Anyone Else In My Area Ever Had The Same Problems And Overcome Them?
Of course you know the answer, don’t you?
By the way, FFN is working on a Concierge Level that will really make life easier for you. Picture this…
- We set up your PatLive account for you.
- We mail the yellow letters for you to drive leads to them.
- We take your leads from PatLive and run them through our screening system that tells you if it’s a dead suspect, a live suspect, what to do next and your possible exit strategic.
- You go to your FFN site and print out a Get The Deed Package or purchase agreement for cash deals.
- We set up your voice mail to capture buyers, prescreen them and send to your house when they apply for the house we prescreen and tell you the next step.
- When you sell, you send us a copy of the closing package so we can install it in electronic format on your personal web site to retrieve any time and create a paperless filing system.
If that doesn’t excite you, have someone take your pulse.
By the way, this ain’t one of those gazillion dollar up front deals only the rich can afford. It’ll be a very tolerable monthly fee you will be glad to pay to achieve instant success.
Not much left for you to do but get the deed and deposit the money.
Oh, heck! We might as well go get the deed for you too!
Don’t laugh! We’re teaming up with a company who gets 100 plus deeds a month nationwide and you can buy them for $3995 each, regardless of the equity, do your due diligence before you buy and have sixty days after you buy to back out.
Guess who gets first shot at these deals? You guessed it…it’s you. You’re so lucky to have stumbled upon FFN. Tell those you love about us. Soon you’ll get paid to bring in new members and wait until you hear about our upcoming affiliate program. Stay Tuned. If you don’t………..
It’s All Your Fault.
To Your Quantum Leap,
Ron LeGrand
Millionaire Maker
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November 10th, 2011 at 5:11 pm
I am extremely inspired with your writing skills and also with the format to your blog. Is this a paid theme or did you customize it your self? Either way stay up the nice quality writing, it’s rare to peer a nice weblog like this one nowadays..