Nischal Ram - Freedom 40 Real Estate Investments Inc. - November 2016 Edition # 17

Unleash The Power Within with Tony Robbins

Zaveena and I recently spent a week helping Tony Robbins at Unleash The Power Within event in San Jose. This was my fifth time crewing. Apart from giving back to the community. we learn so much from a super charged event like this.

This was one of the largest events in North America  at SAP Centre (Sharks Home Ice). We were grateful for the opportunity to help transform 10,500 lives from 54 different countries.

Lot of people ask me how it is done or if it is the actual fire. Well, here is a video of OPRAH doing the Firewalk few years ago with Tony Robbins.

As a crew, it is a very unique experience working in these fire lanes and closely observe the transformation in people and  see how they overcome their fear in a matter of minutes by changing their state. Imagine implementing the tactics learnt during the firewalk and applying those  in our daily lives. If you can walk on fire, you can face any fear in life and storm through it.

Personal note for myself from years of firewalking is - "I walk on fire, I can do anything."

Lesson Learnt from Pitbull at a Tony Robbins Event

I learnt a great lesson two weeks ago while crewing for Tony Robbins at one of his events in San Jose. I was always judgmental about the musicians and the negative influence they had on people. After being up and close with Pitbull, I received a great life  lesson. NEVER BE JUDGMENTAL. 

Pitbull has gone through tons of trials and tribulations in life to be where he is today. He was influenced by three women in his life; his mom, aunt and grandma who actually taught him to be strategic in life and how to play chess and not checkers.

Here is a brief summary of the keynotes from Pitbull.

The key in life is not to forget where you are from. If you don't know where you are from, you won't know where you are going. In life, you have to stand up for something or you will fall for anything. Wow!!! Isn't that so true about life.

Pitbull's rule for success is - Passion, Patience and Perseverance = Success. Sometimes in life we just give up as soon as we face some resistance. Perseverance is the path everyone has to face before getting to the next level. There is no losing, only learning. There is no failure, only opportunities. There are no problems, only solutions,

Pitbull's take on the importance of money - It is not about the money, it is about the journey. Money does buy Happiness. You just have to give it away.

Here is the LINK to his live performance at UPW in San Jose. You might see me in the video in the very front of the stage recording on my I Phone. If you don't like his music, just scroll to the 7 minute mark in the video to hear Pitbull's inspiring message.

Armando is definitely amazing and he ROCKS!!!

12 Warren Buffett Quotes for Better Investing

Since it is unlikely Mr. Buffett himself will be sitting at your dinner table anytime soon offering you advice on your real estate investing career, here is a compiled list of what I deem to be some of the best pieces of advice from him.

Take them or leave them as you wish. Maybe they apply to your situation and may be they don't, but they are certainly worth a quick consideration.

Here you go:

1. Be fearful when others are greedy, and be greedy when others are fearful. 

2. A public opinion poll is no substitution for thought. (Don't just listen to everyone and their moms  ranting off about stuff and take it for gold)

3. Think in terms of income, not appreciation. (Always be cautious when speculating)

4. You ought to be able to explain why you're taking the job you are taking, why you're making the investment you are making, or whatever it may be. And if it can't stand applying pencil to paper, you'd better think it through some more. And if you can't write an intelligent answer to those questions, don't do it.

5. Use partnerships to fill your gap in expertise. (Be willing to admit your weaknesses and be willing to bring in team members to fill those)

6. Minimize your mistakes and learn from those you make. (Literally the key to real estate investing)

7. I really like my life. I have arranged my life so that I can do what I want. (The difference between investing and a job)

8. When you plan to buy, plan to hold. (Buffett is huge on the idea of holding. Remember the importance of long term plays)

9. The macro view is more important than the micro view. (Look at the big picture)

10. Risk comes from not knowing what you are doing. (Be educated)

11. Embrace the boring. (Sometimes the boring long-term plays are the most successful)

12. I'd buy up a couple thousand single-family homes if it were practical to do so. Houses are better than stocks. (Maybe a little biased on my part since I invest in real estate, but he has a point!)