Hey there — so, if you’re reading this, you’re most likely the entrepreneurial type. I sure am. I wasn’t always… I mean, I guess I always wanted to be, but I used to have a regular J.O.B. I can’t tell you how grateful I am to be my own boss now. That’s what the real estate industry has provided for me. I work for myself. It’s a beautiful blessing. So, the reason I’m bringing this up is because I heard about a guy who owns a company. Long story short, he was able to buy a brand-new sports car because his company is successful. How is his company successful? Because his employees work their butts off. Do they benefit? Not so much. The owner does. Why am I sharing this story with you? My point is: Be the boss. Actually, be your own boss. Let’s go back in time for a minute… See, way back when, I had that office job… I was punching a clock. Working 50–60 hours per week. In a cubicle. (Sound familiar?) And no matter how many hours I put in or how hard I worked or how much I pushed to get it all done… I got paid the same every 2 weeks. :-/ But wait, there’s more… If I was lucky, at the end of the year I’d get a 3% raise. 3% on a $50,000 salary is a $1,500 raise per year (not per month!). A 5% raise is an additional $2,500/year. Divide that by 12 months = $200 extra a month. And, there’s usually 2 weeks of vacation and some personal or sick days. But remember, you have to ask permission to use those days. Again, :-/ So, that’s certainly not terrible, but is it so great? When I got out of the corporate world rat race… I never looked back. Look, there is definitely value in hard work. It’s important to learn the ropes and to put in the time and effort. But for cryin’ out loud — do all of that in your own company. Perhaps, as a real estate investor. I can’t say it loudly or more clearly or often enough: It’s so much better to be your own boss. Freedom of time… the lifestyle you want… and the profits — are all right here.
Are you on the X? Do you have any idea what that means? Well, I didn’t either. I heard it from a guy giving an