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The Story of My First Flip – How So Many Small Failures Tuned into a Massive Win
Entrepreneurship is rife with unexpected challenges, and my first property flip was no exception. What began with a harrowing struggle for financing became one of my most educational experiences and ultimately, a tale of resilience and redemption. Hopefully, my struggle will help you avoid some of the rookie mistakes I made if its your first flip! Don’t worry, I’ll add a few lessons and take away here, so you’re not lost! Lol
The Bumpy Road
The journey started with a staggering 202 calls to secure 100% financing. Well, almost 100%. I needed $600.00 to close the deal. So, Scotty, my brother let me borrow it! When the approval finally came, I felt exhilarated but naive to the trials ahead.
My Daughter Wanted Me to Build An Escape Room – So I did. The Story of Texas's Largest Escape Room – The Great Escape
Imagine this: it's my daughter’s 12th birthday, and we're at an escape room. I thought it would be nothing more than puzzles taped on walls, but boy, was I wrong. We had a blast! When we exited the room, my daughter casually suggested, "Mom, you should open an escape room."
Now, anyone else might have brushed it off, but I remembered something crucial. By turning the word “can’t” into “how,” anything becomes possible. It's like unlocking a superpower. So, why not build an escape room? Hmm How can I build an escape room?
Embracing Accountability: A Key to Entrepreneurial Success
Accountability can be intimidating, yet it's one of the most powerful assets for an entrepreneur. Taking responsibility for your actions grants you control and empowers you to enact meaningful change.
The Story of My First 201 Failures
When I began my adventure in flipping houses, I had no money, no credit, and almost no knowledge of real estate. It was an uphill battle from the start. I started with nothing but a burning desire to succeed.
✨ The Truth About Being Rich vs Being Wealthy ✨
Ever noticed how some people are covered in name brands, flaunting their designer bags and flashy cars? It often seems like these folks want to feel rich or have others think they're rich. But there's a subtle difference between being rich and being wealthy.
Here's the thing: Truly wealthy individuals don’t waste their money on keeping up with the Joneses. They understand that real wealth doesn’t scream for attention. It’s not about constantly buying the latest trends or stacking up purses in their rooms.
The 24 Hour Rule: Balancing Emotions as an Entrepreneur
One crucial habit I've adopted is the 24-hour rule. Whenever I'm faced with a big decision, I give myself a full day to sleep on it. This practice ensures that I make choices with a clear head, free from the immediate rush of fear or excitement.
