Wednesday, 3 March 2010

Listen to these two guys if real estate is your thing

The first thing you will think about Tim Mai is that he has a quirky intelligence. He is very comfortable having fun. You can't help but laugh with him. The best part is that you know that what he has to offer is truly valuable.

I like it when people are not too serious about themselves. It's comfortable learning from Tim.

Tim Mai teaches wholesaling, short sale investing, foreclosure investing and much more. He guides his students on how to market real estate online.

The mindset lesson on this particular day in February was "Rich People are Decisive, Poor People are Indecisive".

He talked about the book 'The Power of Decision' by Raymond Charles Barker. It may remind you of how limiting our thoughts can be about what riches really are. Tim then stated that "a decision is a committed thought" so you have to decide to have abundance in your life.

Success minded people like Tim Mai do things out of the good nature of their hearts. They do things to provide the best for their family, and they are not fearful. They are sure of themselves. Tim states that one thing that will help you in the decision about investing is knowing how to act and when to act.

So he not only teaches real estate investing, but also helps his students learn the emotion behind investing. That's because the how-to is just a series of actions. But the why is the seed of motivation that causes you to act.

Lee Arnold was a guest on Tim Mai's show. Lee's company motto and blog is called "I'm The Solution". He models his life's philosophy from Zig Ziglar about getting what you want by helping others get what they want. Lee stated that you must be in this to help people and then you will have success.

Lee's work background was making $3.15 per hour as a grocery store bag boy while attending community college. He also worked at rent-a-car center on the weekends. He admitted that he too had fallen for the idea that going to college and earning a great job was the key to success before he became an entrepreneur.

After reading Rich Dad Poor Dad his eyes were opened to his surroundings. He had no mentors that were achieving things that he wanted. He took off time to attend Russ Whitney's seminar and wanted the books and tapes but had no money. Whitney's team was pretty flexible and they did allow him to float a check for a week.

The next 7 days were very stressful trying to make that $1600 check good. His family and friends could offer no assistance. Then off to the bank to ask for a signature loan. No deal.

The banker did tell him that he could refinance his truck for $3000. With that he paid for the program and used the rest to buy his first investment property for 35k. He put 15k into his investment on credit, and sold it a few months later for 79k. That's a 29k profit! A tad more than a bag boy makes.

Yet Lee realized that he still had no successful mentors around him. Therefore he asked the Whitney team for a job. However they informed him that they didn't hire students. Yet if he had ten transactions under his belt, that would consider meeting with him. So he took a sales job instead and closed 10 more real estate transactions.

Lee called the Russ Whitney team back to ask them for a job again. They had him fly down for an interview. He got the job and ended up spending a great deal of time with Russ Whitney. He sat in many trainings seminars with people who had a successful mindset. Amazing things began to happen as he traveled everywhere with them.

One seminar had a pretty girl in the audience that he couldn't keep his eyes off. She must have liked him too since she accepted his proposal. Long story short, had he not taken a chance and written that $1600 post dated check, he would not have experienced the life he has today. He stated that whatever you believe you can do, you can accomplish and the reverse is also true.

Tim says that Lee had a burning desire to succeed. That is his overall trait. Lee says that although he has several flat screen TV's in his home, if you ever stop by you will notice that the TV is rarely on. Television is not his favorite pass-time. He would rather study and learn from articles and blogs.

He likes to be engaged in activities involving people that he can learn from and grow along with. This get's him over the next hump.

It's pretty impressive that Lee tributes his successes and courage to his Godly devotion. Playing the piano in church made him nervous, but it pushed him and made him uncomfortable. It caused him to grow as a person.

Lee then made a very interesting yet intriguing statement. He stated that in every social setting, he wants to be the poorest, dumbest guy in the room. Then he has something to learn from everyone.

Today, Lee is a consultant on Donald Trump's team. He is able to teach us how to be successful because he is always around people more successful than he is. Since others have made the way before him, he reads their work and learns from them.

Tim Mai added that "you have to learn how to love discomfort". He quoted that "excellence is only one inch beyond mediocrity." He brought out statements from the book 'The 7 Habits Of Highly Effective People'. Namely, if you want to be wealthy you cannot focus on wealth. You must be focused on being well rounded. Spirituality gives him a greater purpose. Lee said that he is happier having spirituality than not having it.

Lee could not over emphasize the need to protect your belief system from hackers. Devotion to spiritual things was at the top of his list trumping his dedication to wealth creation. He showed a deep interest in the spiritual lives of his family.

Most do not believe they can have or deserve success. But you must refuse to tie yourself to people who don't believe in you. People who say things like"You can't do that" or "Oh, you're in another one of those MLM's"?, or "Oh, you saw another one of those infomercials? You're never gonna do anything with that."

Lee also emphasized that if you find yourself surrounded by people who don't believe in you, who aren't encouraging you, it will have a negative affect you.Do not allow negative and criticizing people into your life. Make sure they are the caliber of person that is going to benefit you and help you grow. Naysayers have a knack for destroying the hopes and plans of anyone in their wake.

You must learn to be careful with your time and energy by only contributing it to those who are not wasteful or cynical. Time is all we've got. Lee, like Tim, is very generous with his time when it comes to their students and people who appreciate their energy. You will really gain a wealth of knowledge and have tremendous respect for their dedication to serve people.

If you watch Tim's HDTV show, make sure you are committed to participate and get involved daily at 8:00am Central.

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