REI In Your Car 171: My Workshop and Thoughts about Taking Risk
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My head is whirling with thoughts, because I\\u2019m driving home from my most recent Wholesaling Lease Options workshop. It was held right here in St. Louis and, if the feedback is any indication, it was a big success.
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I enjoy these workshops because I keep them small. People get to know one another, and they have opportunities to share and exchange ideas. One of the ladies in attendance told us about her strategy of holding a \\u201cround robin\\u201d auction for option deposits for her lease options deals. I was impressed with her success.
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Aside from my workshop report in this episode, I get into the subject of risk taking. This came to me for two reasons. The first is that at the workshop, my wife and I were reminiscing about how scary it was when I first decided to quit my engineering job and go full time with real estate investing. (She seems to remember it better than I do.)
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The other thing that precipitated the thoughts on risk taking is that I\\u2019m in an academic setting taking the last class for my MBA. I\\u2019m amazed at how many in the academic field are \\u201cstuck in school.\\u201d I talk about the difference between \\u201cstreet smarts\\u201d and \\u201cbook smarts.\\u201d
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Why do people choose to stay in a comfort zone and avoid taking risks? I offer a few ideas.
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Also, take note of my new Implementation Coaching program that I\\u2019m launching. For now, I\\u2019ll take only two clients. I\\u2019m giving all the details.
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