Alright. So, this is kind of cool. We're going to go into a time machine.
I'm actually turning 40 years old later this year. Which I can't even believe.
like what would happen if I could go back to when I was 20 years old ?20 years
ago. Like what would I do different? I mean don't get me wrong. The journeys
been amazing. It got me here. But I kind of want to know if I could do it faster,
what would I do different? There are 3 things. There are 3 moments
that would have changed everything. And if I can keep you from making these
mistakes, then maybe you'll go even faster than I did. So, when I got my first
mentor, one of the things that he told me was, "Okay, Kris. This is where you're at.
You've been at your job for a year. You need to be there for another 14 months
to create the two years." So, my first mentor basically told me to wait 14
months. And during that time he said, "Hey, traditionally get yourself into a
primary residence." You need two years at your job.
He said, "You only have 2 credit cards. You should get another one. So, you should
have 2 to 3 credit cards." And then he said, make sure you keep your credit
clean. So, I was making good choices with my credit. And then the last one was,
"Kris, save up $5,000." Now, want to pause for a moment. This game plan did allow me
to buy my first house that kicked off my entire investment career. And honestly,
it's amazing looking back and seeing that that work. But you know I'm more
amazed at? I'm more amazed that I stuck with that game plan for 14 months. I mean,
can you imagine? 14 months of doing this and that's how you're going to make money
in real estate? Man, talk about the slow path. Talk about the patient path. I'm so
glad that when I work with young people these days, I'm not like, "Okay. I want you
to do nothing for 1 or 2 years." Like drive me nuts. If I could go back to the
beginning and I knew what I knew now, I'm telling you right now, that would not be
my game plan. These are good things to do but should you allow these things to get
in your way of investing now? No. Friends, waiting means that you're believing in
some excuses keeping you from taking action today. I don't care how young you
are. For those either like 18, 90, 20. And your parents are telling you that
you're too young. Or for somebody they're feeling like it's too late, you're too
old. Listen up. Bullcrap. It's garbage. Lesson number 1. Don't
wait. The second thing is that once I did get on a roll, couple years later, I
started finding deals left and right. And if I didn't have the money to do the
deal, I just let the deal pass by. So, I was finding good deals and I wasn't
taking action on them. I only took action on some of them. Knowing what I know
today, if there's a really good deal and you can't do it, do you realize that you
can give it to somebody else (It's called wholesaling) and they can
write you a fiver a $10,000 check saying, "Dude you did the legwork. I get that you
can't buy it. Thank you." But better yet, don't wholesale it. Bring a partner on.
Say, "You know what? I got this deal. I've done other deals. Will you do the deal
with me?" Partnering was actually something that I stumbled into. It was my
father-in-law that believed in me. And he actually offered to go in 50/50 and we bought
homes. And it was only a couple years after that that I realized that I could
actually bring on multiple partners. So, I did figure it out. Didn't pick it up in a
seminar, didn't learn it and of course. Didn't read in a book. I had to discover
it. If I could go back then I would take these good deals and I would start
partnering sooner. If you have a good deal, there's always money. That's the
lesson. So, before we move on to number 3, lesson number one, don't wait.
Lesson number 2, if you have a good deal, there's always money for a good
deal. And the third lesson is like the most brutal lesson. Like, I hate even
opening my mouth and saying this to you. Because I'm like... Listen, as well as off
as I am. I'm telling you right now, I've lost out on tens of millions of dollars
because of this one right here. Which is when I was finding all of these good
deals and I had more and more partners, I got to a point where I got so much
contentment that I didn't duplicate my results. I don't know what it is but
people do this sometimes. It's painful. It's like everything's working for you
and then you get distracted on something different. How many of you know what I'm
talking about. You get engaged with something. You're getting fruit, you're
getting results. And then you don't maximize it. You don't
optimize it. Dude, my world today revolves around optimization. And I feel like I'm
going back and I'm repenting for some really bad mistakes. Because you know
what? I wasn't duplicating my results that
we're successfully working. And now, I've put them on steroids so that I can be
duplicating as fast and as much as I possibly can. So, if this lesson says, "Don't
wait." This one says, "There's always money."
Here's what this last one is. This one is always continue doing what works. Friends,
if I could come back. Time machine popped back 20 years, those are 3
things that only I myself could teach myself today.
Hey, it's not too late for me because I did figure it out. I could have been more
effective or more efficient. But I'm inviting you to be faster than me. I'm
inviting you to create wealth more meaningful than me. I'm inviting you
to do something and surpass what my previous results are. And friends, these
are the 3 biggest lessons that I have learned. You know, I am... Worked with
the mentor once who had gone bankrupt twice. And I was hanging out with a
friend that said, "Why are you mentoring with that guy?" Like, "He's been bankrupt.
He's failed." And I looked at him I said, "I would rather mentor with someone that
has been on top of the mountain repeatedly and then has made decisions
that put them back down." Because they can teach you what works and they can also
teach you what? What didn't work? Today, I'm teaching my three biggest failings
from my past. But I'm also telling you that I'm standing today victorious on
top of the mountain. And I'm inviting you to join me on that mountain. Click the
link below in the description. Learn how you can mentor with me. This is just the
beginning of the journey. The reality is I can help you get where you want to go
way faster than I ever did. As long as you're open minded and teachable. It is a
screening process. My team is going to interview you. But hey, if you pass, then
it means I get to mentor you and I get to help transport you to the top of that
mountain. You do your part I do my part. And it's going to look awesome. Hey guys,
make sure you subscribe. Ring that bell so I can let you know about tomorrow's
video when it comes out. And for the rest of you, click the link below. Get my free
book. Get with me and my team and let's start making some real estate happen
today.
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