Network Equals Net worth:
After being told by my governmental coordinator that I was better suited for the private sector, I was quick to draft my resignation letter (see ‘Greatest Advice I Ever Received’), yet wondered what was next.
I knew I had to learn more about real estate investment in order to become a real estate investor. So I started reading books, watching YouTube videos, and listening to podcasts from the comfort of my own home. We live in the information age, so all the knowledge I needed was readily available at the stroke of a finger. I began to learn on my own; however, I wasn’t making much progress. That is when I decided to start networking.
I realized that in order to have something, I need to find, and learn from, someone who has it. If I wanted to do something, I needed to find someone who was doing it. If I wanted to be someone, I needed to find someone who was the person I wanted to become. I wanted to have that, “wake-up-whenever-I-feel-like-it” career. I wanted to invest passively in real estate, full-time. I wanted to be financially free.
I went to church and ran into a brother named Joko. We immediately kicked it off. He was an aspiring entrepreneur just like me. Isn’t it interesting how like-minded individuals tend to just find each other? When I told him I wanted to start a career in real estate, he told me of a group in Harlem that teaches the Rich Dad principles. I went to the website, signed up, and attended the first group orientation.
By attending these events on a regular basis, I learned how to invest out of state, and how to use creative financing. I also interacted with active investors who were doing the things I wanted to do with my life and formed accountability groups with folks who were getting started, just like I was.
In hindsight, I realized a very simple truth: not everyone who is a successful real estate investor in my market is a published author, a YouTube star, or the leading man or lady on any other social media platform, providing information on investing. There are many people who, even though they are experts in their field, like to stay away from the limelight. I realized that they do however have a ton of information about my market, and can share contacts which I cannot find in a book.
If you want to network, and to potentially increase your net worth, join our mailing list at 100percentfinanced and visit 100percentfinanced.com/events to join an event in a city near you.