Daily Entrepreneur
Daily Entrepreneur

MDTM Entrepreneur Daily – 9.20.16

The Entrepreneur Daily series are blog posts that I write when I am working on my side business. My goal is to write a post every day when I am in “entrepreneur mode” and actively working on my business, talking about what I’m grateful for and what I’m working on. In a perfect world, that would be every single day, but in my reality, I work on my business in spurts. I’ve accepted this as my reality for now and hope to improve going forward. This is my entrepreneur journal, to document where I am today.

What I’m Grateful For

Today I’m grateful for sitcoms, aka situational comedies. Those half-hour laugh fests where our favorite goofball characters get involved in some of the stupidest or silliest situations…all for our entertainment.

I’m thankful for sitcoms because they helped to get me through a down day yesterday. I was tired and worn out…I’m still tired and worn out…but I feel much better today.

I clicked over to Netflix and put on a few episodes of Archer and It’s Always Sunny in Philadelphia. They are certainly acquired taste kind of shows, but they are some of my favorite sitcoms. Watching them let me put all my troubles on hold while I laughed at the ridiculous things the characters did.

I was able to shut off my brain, take a mental break from thinking, and just laugh at ridiculous jokes. Sitcoms are in heavy rotation for me lately as I can use the laughter.

What I’m Working On

I’m back at it today, working towards financial freedom!

My focus this week is on real estate investing. I read a couple real estate articles this morning and cracked open a real estate book last night. I’m beginning to get the focus back. Working on generating that obsessive nature that permeates life for everything outside of my 9 to 5 work.

Then this morning I got on YouTube for some reason. I was drawn to this video, a commercial for the game Boom Beach

This is one of my favorite, warped pep talks…

“We’ve stormed this beach 17 times. 17 times we’ve been defeated. A lot of those times, horrifically.

But a new plan just came down from HQ, and it’s a show stopper!”

This is exactly how I feel on many days as an entrepreneur/side gig hustler…full of optimism despite the many, many failures.

This is the sarcastic humor that brings me around, gets me going again.

Goals For the Day

The goal today is simple…stay engaged with the side gig. That means that I need to pick up a real estate book and learn something today…or…read an article and learn something today.

I will learn something about buy and hold investing for real estate today. Simple.

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  • Piggybanknomics

    I like how you are keeping yourself accountable! Awesome! I have recently started researching real estate. Do you currently invest in it now? What do you think your overall plan will be with it?

    • Thanks for the comment…the accountability comes mostly from pressing the “publish” button here.

      For real estate, I started last year in wholesaling, trying to build up cash reserves. That was very tough for me, turned into another job, and drained my bank account. More recently, I have turned my focus back to buy and hold investing, to buy rental properties. I’m working on fixing my own finances first (need a stable foundation) and saving as much as possible for buying properties. While I’m doing that, I’m educating myself (books, BiggerPockets, etc). Then I plan to buy two properties a year for investing, as soon as I can figure out funding and find good deals. Hope that helps. What are your plans?

      • Piggybanknomics

        I’ve been just starting to look into real estate. I’ve been trying to find someone to partner with initially for financial purposes. However, it seems like everyone is interested but when it comes to it, they back out. Every one is afraid of the risk

        • Partners are tough, from what I’ve seen and heard. You need to be very like-minded with similar goals and work ethics…again, from what I’ve seen and heard. Partners are certainly possible, though.

          If you are looking for financing help, you might want to look at private funding. There is a great book called Getting the Money by Susan Lassiter-Lyons about private money and how to get it. I have read through it once quickly, but need to go back and apply the principles. The basic idea is that you get investors who become the bank for your rental property loans. They put up the money and you put up the work to find and acquire the properties. They get a consistent return (if they are debt investors) and you get the property, cash flow, etc.

          • Piggybanknomics

            Thank you for the book recommendation! I’m always looking for something new to read.

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About Brian Stephens

Brian is on a journey from massive debt to real estate mogul. Join him as he stumbles and fails on his way towards long term success. Debt isn't pretty and turning it around won't be either. His primary goal here is to tell the story and network with like minded people who want financial independence through real estate investing.

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