Real estate investment

last piece of the puzzle

19- Review week 6 and 7 – Losing the final piece of the puzzle.

Everything bad that could’ve happen, actually happened in the last week.

I was losing the final piece of the puzzle.

My second meeting with my investor failed.

I had to let go of my deal.

My coach didn’t pull me up, she actually pulled me down.

See previous blog here.

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Hurricane of emotions

As I was driving away from my second meeting with my investor, heading back home, and was recollecting the meeting in my head.

I wasn’t ashamed, I was disappointed it didn’t’ work out.

I was also happy I had stepped out of the deal with him.  I could not see how it would’ve worked out.  My task would have been split into part and it would’ve been very complex.

Now I had to tell my realtor that I didn’t have the funds. My GC that I didn’t get the deal. My coach that I couldn’t convince my investor to contribute in my deal.

I also realized in that moment, that I had to start all over again.  The deal, the calls, the GC quotes, the inspections.  I had worked so hard to get all the pieces together, only to realize, it wasn’t going to work without the last piece of the puzzle.

My ego was hurting pretty badly.

Losing the final piece of the puzzle.

F.A.I.L.  = First Attempt In Learning

It didn’t feel like I failed.  It didn’t feel like it was a waist of time.  It just felt empty.

I had learned a lot with my first investor, Ray.

First, Ray and I  already new each other.  We are from the same small town of 500 people.  He knows my parents well.  I knew I would be somewhat comfortable having my first investors meeting with him.

I was comfortable asking Ray questions, and he knew the level of business I was in.  He had worked with many partners and could read me like a book I’m sure.  Ray made it, easy and honestly, he would be a great mentor for me.

He challenged me in my pitch.  He made me questions my own product in some way, and he made me realized, I wasn’t’ ready during our first meeting.

Although I cried for not getting my first deal, I left feeling confident about myself, and knowing I needed to push harder to get what I want.

After my one hour with my brain on the drive back home, I had accepted my defeat.

losing the final piece of the puzzle

My high of the day

During the last month, I have hired myself a trainer.

After getting on a scale at a metal recycling shop, I had hit 200lbs.  I was about 40lbs over weight. so I decided to get a trainer to lose weight.  He teaches me how to eat healthy and provide me with an exercise schedule I could do at home.

This type of training only works if you put the effort in.

I had asked him a particular question and we had schedule a call meeting in the evening.

I tent to eat my emotions away and discard my so call “diet” a few times during my training.

My trainer, Brad, is very educated, he works in construction and have read the book by Stefan Money People Deal.

He knows very well my journey with BlackcardU, I can talk to him about it.

I told him about my day with Ray, and he’s actually the one that picked me back up, telling me I was in the right direction with these flip and not to give up.

He encouraged me to continue eating healthy and to proceed with my training to keep my mind and body healthy.

I was on cloud 9 after Brad’s phone call, not only is he a great trainer, he’s also an awesome motivational speaker.

I’m proud to say within that 4 weeks with Brad, I have lost 5lbs. 

Putting the effort does show progress, and it helped me realize, I need to continue putting effort in my business too.

My low of the day

I was schedule for a call with my business coach that same day.  I felt like a zoom call with her would be what I needed.

She declined saying she was already on zoom calls all day and wanted to stick with a regular call.

She did offer to push our meeting by one day if I really needed the zoom call.

A little disappointed, for a moment I felt like I was a burden to her daily meetings.  Like I was just another call for her.

I shook that idea out of my head and replied that our phone call was going to be ok.

We started our weekly call by telling her my week and how it went.  I told her I didn’t get the investment for the deal and the reasons why.  I proceeded telling her I had let go of the deal due to financing.

She didn’t sound very impressed and that didn’t make me feel good.

She asked why I had let the deal go, but didn’t explain to me how I could’ve held on to it without investment.  The call got really irritated from there.

She told me to call mortgage brokers and gave me verbal script of what I would ask them. 

she asked me a  question and tried to reply as I was written down the script she had just told me.  I gave her an answer underneath my breath cause I was focused on the written, and she immediately said with an uncomfortable snappy tone,

“what wrong, why are you giving me that tone.”

and to that I honestly replied ,

“you gave me a script to follow, I was concentrate on writing it down as you asked me the question.”

Holy cheese on a cracker!  I just wanted to hang up on her right then and there.  Excuse me miss Coach if I cannot multi-task.  I just go annoyed.

There was definite tension over the phone from both sides. And I regretted not accepting to push our phone call for the following day.

Regardless, she told me what do to next during my week, which I respectfully listened to.

During our last 5-1o minutes of our unwanted phone call, she says

“You shouldn’t feel like a failure and you did everything right”

First of, I never said I had failed.  I said I was disappointed but never did I feel like a failure.  Never.

That was like pouring oil on the flame.

After talking to Brad, I was expecting the same encouragement from my coach.  Instead she pulled me down, lower that I had ever felt all day.

When we hang up, and I felt empty again.  I felt so down, I even skipped my workout that night.

 

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