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Finding Joy in the Journey

August 14, 2022 by  
Filed under blog

I don’t really like the saying, “No pain, no gain.” It’s not that I don’t believe the struggle can be worthwhile—the struggle is what makes most gains so very fulfilling—but the idea that in order for us to reach a goal it must be painful seems, to me, to say that enjoying yourself means you’re goofing off and not trying hard enough. Our society glamorizes the painful struggle in popular media and, although it makes great drama, it does not give us a realistic view of how we could, or should, live our lives and achieve our goals.

Chances are you will spend many hours and days, if not weeks, months, or years, working towards the big goals in your life. So, the question becomes, why would you choose to spend so much of your life suffering to reach a future goal? The path you walk to achieve your goal should have some level of enjoyment in it. It might not be a constant joy, but joy should be a consistent enough part of it to keep you going.

For instance, if you are flipping houses to build your wealth but hate every minute you spend searching for the right property, fixing it up, and talking to buyers, why do it? If what you really enjoy is entertaining people, you can work towards amassing wealth by going big in the entertainment world. It might take longer or be harder to build wealth that way (but then again, it might not) but no matter how long it takes or what trials you go through, you will probably enjoy getting your name out and searching for those big gigs. When you’re spending so much time and energy on something that it becomes what your life is about, you really ought to enjoy it!

Our society tends to focus too much on the end goal itself, even to the point of drilling into us that happiness is something that we reach in the future, or even in the next life. But happiness can, and should, be yours now. You can find great enjoyment and satisfaction in pushing yourself and being challenged in almost anything—it’s really up to you and how you look at a situation. But it’s also wise to find something that keeps your interest and makes you jump out of bed every morning, excited to get back into the life you’ve made for yourself.

So, save your “no pain, no gain” moments for those little jobs we must do to continue doing what we love. Like those few hours you need to prepare your taxes correctly or those last few reps at the gym. But don’t let it be about large chunks of your life and what you do every day. Be happy now. Enjoy the whole of your life including the journeys you take, not just what your life will be when you reach your goals.

A Darling Little House

July 15, 2017 by  
Filed under blog

Many years ago, I wrote a book called The Courage to be Rich. This week, I re-read some of that book and, in particular, a chapter entitled “How Yuks Can Create Big Bucks”. It reminded me again that making money by acquiring beat up, old, dirt bag properties and adding your own sweat equity can make a person rich today in the exact same way it did 30 and 40 years ago. In fact, right now, with many properties selling for top dollar, it makes even more sense to lower your financial risk by investing in these kinds of properties. Here is an excerpt from that section of the book.

Changing a Tacky Dump into a Swiss Chalet

I really couldn’t believe what I saw. A few years ago, while driving down a street in Salt Lake City, I glanced over at a little white house, maybe a thousand square feet at the most, and I just about drove off the road. The formerly grungy house had been completely transformed. Instead of a tacky little house complete with cluttered yard, worn grass, and garbage cans by the porch, I saw a cute, Swiss chalet cottage. The change was so stunning that I pulled over to stop and stare.

At first glance, it seemed that someone had spent a ton of dough making the property shine. Upon closer inspection, I found that the changes made on the outside of the property were quite inexpensive. The dirty sides of the house had been covered up by a fresh coat of paint, and Swiss style shutters with decorative patterns had been placed on either side of the windows. The garbage cans had been moved from the front yard to the back. For extra frosting, a white picket fence had been put along the front of the yard. One other conspicuous difference was a FOR SALE sign prominently displayed.

I was totally amazed at the change, but even more amazed at my reaction to the changes! I had, for years, been in the business of buying properties that needed fixing up and, after some work, would resell or refinance them at substantial profits.

Prior to stopping at this house, I considered myself very smart and successful at what I did. But here is the huge shocking part of this experience. My first reaction was: “What a cute little house! It’s absolutely darling. I should buy it!”

Talk about dumb–really dumb. Here I am in the business of buying dirt bag properties, fixing them up and making big money selling them and this little house almost fooled me into buying it. But now as I think about it, that experience is teaching me a big lesson.

Almost everybody would rather buy a property that looks nice and new and pretty. That’s just normal in us human beings. That’s why people are making money by fixing and fancying up beat up houses and apartments. And now in today’s market where a lot of properties are at top prices, these types of properties are the safer investment. You can greatly increase your chance of making money by doing the simple fixes that stand out and grab people’s attention!

That darling Swiss looking house certainly did it for me and needs to be duplicated. Or should I say, “Hey, here is another way showing how you can make big bucks from yuks.”