You gotta write a check for freedom
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- Born and raised in Milwaukee
- Sales and entrepreneurship has been in his blood
- Made a little business in 4th grade
- Ran all the gambling pools in school
- Was cutting deals on fireworks in 7th grade (drove 7 hours to Indiana for the buy-one-get-one free deals)
- Built a multi-million dollar real esate empire but went into bankruptcy and has built it back
- Now he has dissected how he did it and is helping others create success from scratch
- Success and opportunity is happening all around us but most of us don't speak the language
- If you keep going you're going to get there
- 1999-2000 Nick really got going into real estate
- Money was loose
- Credit was easy
- He borrowed a ton of money and played the leverage game
- Built a huge portfolio
- Did the "traditional real estate investing route"
- Even used his credit cards
- It's nice to get punched in the face every once it a while...it makes you review things
- Why his bankruptcy was his best business experience
- Went liquid
- Now he teaches the "single family triad"
- Flip homes
- Rehab
- Rentals—he pays cash so there is no leverage
- Leverage is not bad. It can help you grow and scale
- He solves the problems of people looking for real estate
- How to handle the dark days
- He's been listening to Tony Robbins since his stuff was on cassette tapes
- But it's never a true prep for the dark days
- He had poisonous thoughts
- He became a jerk
- He was a big shot entrepreneur and it was all gone
- His ego was more important than his bank account
- He was depressed
- Understand that the tough times are shaping you for something bigger but you don't see the shaping until you get through it
- He didn't just get "punched in the face" he got "shot in the face"
- Forced him to evolve and look around
- There are so many opportunities out there that are outside your plan
- If you keep running you win
- Real estate is the #1 wealth creator on earth, historically, which is why Nick loves it
- It's just there
- It exists
- It's a shortcut to entrepreneurship. Buy low and sell high
- Be flexible and evolve organically with your business plan
- He exhausted every contact in his effort to rebuild. He HOUNDED them!
- He was AGGRESSIVE
- He had a forced sense of urgency
- He moved faster, quicker, now
- Success is about what you do with your earnings
- He makes deals and negotiates and sells, he doesn't do the actual work
- It's not smart to pull up and be too flashy in his industry
- Work hard! Keep going.
- He loves the education business, which is why he is showing people how to grow
- Prince in Texas is one of his great students who is succeeding and he stays in touch with
- He solves problems for people like divorce, death, moves, distressed properties, etc.
- He makes "rough draft moves" in his marketing...but he does it aggressively
- Analyze stuff that actually happens
- Big white boards only matter based on what happens
- Why motion beats meditation
- He learns and applies what he learns
- It takes a lot of work to succeed
- There are no guarantees
- Do the work
- "You gotta write a check for freedom"
- Evolve or get eliminated
Market like you mean it.
Now go sell something.