If I lost all my wealth, what would I do?
So basically, if I lost everything, the first thing I would probably do is cry
and then I would get really depressed and probably go see a doctor after a
couple months for some antidepressants then I would probably just mope and
become more like an Eeyore like that donkey in Winnie the Pooh that just
complains about everything and I'd probably let that ruin my life forever.
Or not! Like, that would be totally crazy. Why would you do that? Some of us live in
a world where our circumstances and our results determine our happiness. I think
that's kind of crazy talk. I think that's kind of crazy. Because the reality is
emotions, if you want you can just let the circumstances of life determine the
way that you feel. Or you can realize the truth which is that you're always the
one choosing your emotions. It's just that some of you have a pattern that
it's like, when crap happens, you have a pattern to feel crappy and you feel bad.
But dude, when crap happens, is it possible to feel happy? Yes, it is. So, if I
lost everything, I think the first thing I would do is I would choose to be happy.
I would choose to do something fun, I would choose to find something that I
could celebrate because whether I have money or not, whether I have wealth or
not, I just like feeling good and I think feeling good is one of the things that
we're really after in life is doing the things that create happiness, fulfillment.
So that's the first step. And if you ever have ever had something crappy happen to
you, maybe you know personally what it's like, I do, to create a story of
victimhood and then you enroll other people and to start complaining and
whining and all of a sudden you start having bad days. Dude, those are personal
choices. Crap happens to everybody. But some people let it define them and some
people move past it. So, step 1, I would move past it. Second of all, I would build
wealth really, really wicked fast. Faster than I ever had before.
Not because I would be motivated to catch up but because I'm simply capable
of making a lot of money, fast. So, here are the specific things that I would
actually do. The first thing I would do is if I lost everything is I would
put together a document of all my past results before I lost everything.
I actually already have this document and it would show all the houses I've
done, all my successful deals, all the money that I've made and what I would do
is I would probably go and find people that have lots of money and I would say,
"Check out my track record, check out my results and I'm going do it
again. And I want to know if you want to join me for the journey. We can be
partners. We can partner in some way. 50/50 or whatever it's going to be." And what I
would do is I basically, recruit a bunch of people with money that believe in my
results and then I would go find opportunities, I would present it to them
and boom! We'd be back in business doing deals again. Here's a reality, I don't
know how to not be a millionaire. I hope someday I know how to not be like a
hundred million or a deca millionaire or a billionaire, maybe
whatever that is. Because the reality is, right now, I certainly know how to be a
multimillionaire and it has nothing to do with money. It it has to do with the
first thing that I shared which is just, How do you process life? How do you feel
about life when it happens to you. Are you in charge, are you letting life
dictate your emotions. Because I'm going tell you that, people that feel crappy
emotions, they have problems, they can't find solutions. So, step number one is to
always be positive. Only because I like being happy. Not because, really
honestly for any other reason is I like the way that I feel but also, positive
people find solutions, they solve problems, they create big answers, they
create big why's, they create big results. So, I'm going to keep my attitude together,
keep my stuff together and then step 2 is I'm going to go find people that have
money and I'm going to go find the opportunity, I'm going to marry the two of
them together and boom, guess what?We're out doing something.
Take what's going on in my life right now. I just finished completing and
signing on one of the biggest real estate deals in my life. It's this big
convention center and let's say I lost all my wealth and that was the only deal
on the table. I would other people, put their money in
and I would sell them on the goodwill of my results. Now, how this can be useful
for you, is you have to have results to sell in the first place.
So, you should check out some of my videos that deal with "oh, this is how you
buy a home with less than five thousand dollars". And this is how you buy real
estate, not necessarily with your money or maybe
with other people's money. Because in time, if you keep your nose clean and
have a few successful transactions, what's more important than the money you
make in the beginning, your first million, for me that doesn't matter. "Who I am?"
matters, the track record I create matters, the results of my deals matter.
So, what I would recommend is find a way to get your next deal or your next five
deals under your belt, clean. With good results and good outcome. If you have
that good track record, you'll find other people with money that value that, that
will say, "You put in the work, you find the opportunities, we'll split it 50/50.
We're off to the races." So, I guess in summary if I lost
everything I would throw a party and then I would just get back to it and go
make it happen again. You know the cool thing the reason why if a millionaire
loses their money, if they were the one that truly created it. They'll make it
right back because they know how they did it. And frankly, that is why I've
created this channel for you. I'm sharing with you everything I've learned about
creating wealth and my hope is that one of these videos, one of these ideas or
even many more will be useful to help you live the life of your dreams. Make
sure you subscribe to check you out on the next video
and we'll see you then.