Firstly, I'd like to say I appreciate the recognition and opportunity. I am honestly a behind-the-scenes guy but let's talk about it. My inspiration was/is my family. It was always about making my Grandmother and Mother proud. Nothing can compare and it's just that simple.
As a social entrepreneur, my business is designed to make a positive impact on the community in several ways. I want the generation under me to know that all things are possible. I do this by investing in areas where "we" aren't present.
I could write a book called "Significant Risk". All jokes aside, I'll talk about the one I can be the shortest about. One was my first multi-family purchase. What made it a significant risk was I was all in. I had a few properties before that I went through a lender to acquire so the process was very familiar. This was different for me because I put up my own money. I leveraged my entire prior portfolio for this one purchase. Without going into too many details, it was definitely a gut-check moment but it paid off. What did I learn? BET ON YOURSELF.
Success to me is measured by the amount of people you have helped. Once you have positioned yourself to be an asset to others without the expectation of reciprocation; that's a success.
My "Why" now is to create a foundation that my descendants can build upon. From the beginning, it was more of the thought of not wanting to be capped. Although I've worked for some great companies and held some great positions I've always felt like I had more to offer. My motivation now is the endless amount of possibilities. With any entrepreneur, you are in control of your outcome so that itself is fuel.
Upward and onward. Along with continuing to acquire single and multi-family properties, the plan is to make more of an impact in the community. We are in talks with another group currently about a big project aimed towards the housing of homeless teens in the near future. I'm not necessarily focused on rapidly scaling as of now. It is more about the impact that can be made on the next generation.
The first thing I would say is, "Don't Overanalyze." Now, I'm not saying don't do your due diligence. Any good business professional definitely should before you make any investment. What I'm saying is, you can become your worst enemy by over studying anything. There's a term for that and it's called "Paralysis By Analysis." Digest enough information to make a confident decision. At the end of the day, we are all investors who take risks. We just minimize our risk through calculations. Lastly keep in mind that it rains, just like the sun shines.
For me, they easily conflate so it's not necessarily a balance needed. A lot of people I do business with, I also have personal relationships with. I believe being "overwhelmed" is the current mind frame you are in. There are ways to prevent yourself from ever getting to that point. For me I'd like to think I have a firm grasp on reality. It's either I can or I can't. First you separate those tasks, then you can put them in the order that best coincides with your time/effectiveness.