THIS IS WHY Elon Musk IS A GENIUS
PROBLEM: Raise money for producing the new Tesla CyberTruck.
SOLUTION: Elon spends a few million dollars and builds one visually POLARIZING prototype. (plus destroying a Porsche in a drag race and an F-150 in a towing tug-of-war going UPHILL along the way).
He then holds a press conference to show it off and “Accidentally” breaks two windows knowing that that's going to cause drama and get media coverage.
Then, he offers pre-orders for a $100 deposit.
Within a few weeks he will be claiming well over 200,000 pre-orders (already over 150K orders)
200,000 x $100 = $20,000,000 Pre-Orders
Elon can then go to the investors with all this data and rally them to gather their cash.
200,000 trucks x $40,000 each = $8 Billion Bucks
He should easily be able to raise 20% = $1.6 Billion
Total investment? One prototype truck & One unveiling party!
That's why Elon Musk is a genius.
12 Inspirational quotes about life by Tony Robbins
Having an “off” day? These 12 inspirational quotes by Tony Robbins are sure to lift your spirits – and help you achieve your goals.
1. “The power of positive thinking is the ability to generate a feeling of certainty in yourself when nothing in the environment supports you.” – Tony Robbins
2. “When you are grateful, fear disappears and abundance appears.” – Tony Robbins
3. “If you can’t, you must. If you must, you can.” – Tony Robbins
4. “Your past does not equal your future.” – Tony Robbins
5. “Identify your problems, but give your power and energy to solutions.” – Tony Robbins
6. “Any time you sincerely want to make a change, the first thing you must do is to raise your standards.” – Tony Robbins
7. “The path to success is to take massive, determined action.” – Tony Robbins
8. “Setting goals is the first step in turning the invisible into the visible.” – Tony Robbins
9. “Goals are like magnets. They’ll attract the things that make them come true.” – Tony Robbins
10. “People who fail focus on what they have to go through; people who succeed focus on what it will feel like at the end.” – Tony Robbins
11. “Persistence overshadows even talent as the most valuable resource shaping the quality of life.” – Tony Robbins
12. “The only thing that’s keeping you from getting what you want is the story you keep telling yourself.” – Tony Robbins
Success isn’t an accident, and it’s not about luck. It’s not even about talent. Success is about persistence. It’s about having the ultimate belief in yourself and finding your inner strength. It’s about getting up and getting back in the game. These inspirational quotes are a good start – but how will you put them into action?
Developing the Best Real Estate Investing Strategy for Yourself
1. Get Educated
I cannot stress this enough. Education—no matter what you do in life—is important. In fact, it is likely the most important factor in success. And whether it is “street smarts” or “book smarts,” education is paramount to one’s level of success in real estate investing.
The purpose of this phase is to allow you to “test” different methods or techniques, discover your comfort level, and figure out what type of real estate you believe will work in your situation. Take your education seriously. Because as with anything, preparation is the key to success.
2. Evaluate Yourself
Education may take weeks or months. But once you have done that then you are ready for the second step: Evaluate what you’ve learned.
What interested you? What did not? What are you financially prepared for? What risk level do you feel comfortable with? Don’t be afraid of what you know you can’t do. Instead, be afraid of what you don’t know you can’t do.
3. Refine Your Education
OK, you spent months reading and watching everything and anything about real estate. You did a hardcore self-evaluation, figured out your risk tolerance, and nailed down your situation as a whole.
Now what?
More education. Yep, you read that right. Education is also the third step in this plan.
This is the step where you refine your education. In step one, you educated yourself about real estate and (hopefully) a variety of options involving real estate investing. In step three, your going to educate yourself even more, focusing on no more than two or three options that appear to fit with your capabilities, financials, and all other aspects.
The purpose of this phase is to broaden your knowledge and dig deeper into the details.
4. Establish a Plan
Finally, it’s time to build a plan.
The first step of this phase (for us) was to develop a business plan centered around multifamily rentals. Your plan will likely be different. What the plan is does not matter; having a plan is what matters.
5. Take Action
Once you have established your plan, make sure you act upon it. Education without action is a detriment to your confidence and long-term goals.
Remember that without action, your education is like planting a garden, carefully tending to it all summer, and then never harvesting. It’s a lot of work with nothing to show for it.
If you have educated yourself and planned your strategy well, inaction should not be an issue.
6. Update as Necessary
After every property evaluation or purchase, review your plan. Tweak it if need be. Focus on what worked, what didn’t, and what you learned. This may cause you to adjust your plan.
Find what works for you, in your situation, in your area, and with your risk tolerance. You may fail a time or two. But when you find what works for YOU, repeat!
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