Bouncing Back from an Investing Failure & The Most Valuable Asset an Investor Can Have w/ Olivier LePage
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Any successful real estate investor will tell you that they’ve had their fair share of failures. It’s an inevitable part of the journey. How did my guest get back on his feet after his investing business crashed? What are some of the necessary actions and decisions that will help you bounce back from failure? On this episode, I continue my conversation with Canadian investor Olivier LePage as he shares the most challenging time he went through as an investor, the lessons he learned, and how his business came back better than before.
3 Things You'll Learn
- Why failure isn’t something we can avoid in business
- Why you need to be careful about hard money
- The most valuable skill set you have as an investor has nothing to do with money
People tend to see money in a very limited and narrow-minded way, and that feeds into how they approach investing deals. The truth about investing is: you don’t need money to get started, you just need to take action to find the deals. If you don’t have money, you can still create the value of selling the offer. The real value you bring to the table is finding good deals, demonstrating how good they are with data, and putting deals under contract.