Saturday, April 11, 2009

Cash Flow Note Business Success - Are You a Lone Wolf?

By Dean Engle

An Insight on The Cash Flow Note Business

A friend of mine, Heather, flew in for her 40th birthday this weekend.

We spent hours catching up with one another a nice cup of white tea and a salmon salad at this local tea lounge by my house.

It was blissful.

She told me about a current project that she was working on, and it really left an impression on me.

I was stunned at how much her story related to my cash flow note business. The story simply had a direct impact on your life and your interactions with other individuals within you community.

How Heather's Story and The Cash Flow Note Business are Related

I specialize in buying notes which is very different from Heather's. She is a talented artist who specializes in story telling through different media.

The project that she is working on now, documents the life of a member of the Skagit Indians in the state of Washington.

What she told me was that this woman was a community builder - a wise woman in her tribe. And when Heather interviewed this woman in 2001 before 9/11 - she told Heather that people were no longer "fulfilled". They were "emptier and emptier".

Heather proceeded to bring a Hopi poem about the Lone Wolf.

I just read it, and it struck me that I needed to share this with you to point out how it can serve as wisdom to all of us, especially for those of you starting a new cash flow note business, a new venture explored, and striking out on your own.

Words of Wisdom, Gaining Success in the Cash Flow Note Business

Here is the poem...

"There is a river flowing now very fast. It is so great and swift that there are those who will be afraid. They will try to hold on to the shore. They will feel they are torn apart and will suffer greatly. Know the river has its destination. The elders say we must let go of the shore, push off into the middle of the river, keep our eyes open, and our heads above water. And I say, see who is in there with you and celebrate. At this time in history, we are to take nothing personally, Least of all ourselves. For the moment that we do, our spiritual growth and journey comes to a halt. The time for the lone wolf is over. Gather yourselves! Banish the word struggle from you attitude and your vocabulary. All that we do now must be done in a sacred manner and in celebration. The poem ends with the words: "We are the ones we've been waiting for."

The Poem's Relation to the Cash Flow Note Business?

Here's how this applies to you directly in your (and my) Note Buying Business.

a) Your new world of investing in non performing notes is like the river flowing very fast.

b) The less adventureous will "hold onto the shore" while you you push forward.

c) Trust in the river - and that it has a destination - one that you'll be able to reach if you allow yourself to "flow" with it. (example: multiple exit strategies for you defaulted mortgage business)

d) The lone wolfs time is over. Look at it this way, in order to succeed in your cash flow note business, you need to reach out. Reach out to people, who are these people? Investors, title officers, bankers or real estate agents.

e) Don't ever think about this as a "struggle" - this is you learning how to swim in a river that moves faster than you're used to - but once you learn how to float (in regards to the cash flow note business - you learn the lingo, you learn what a trade looks like, you study the process and you eventually close your first deal), you learn to let the river carry you along.

Cash Flow Note Business Tip

"We are the ones we've been waiting for". That is the most important lesson of all.

Write that last line down. Print it out and put it on your bedside table. Put it on your desk. Tape it to your wall. Let it be the motto for your new Non Performing Note Business.

Don't wait for anyone. You can achieve anything that you put your mind to.

Imagine this conversation..."Me, meet Me".

A little realization shouldn't be underestimated.

In Heather's words..."the most powerfully creative moments for an artist are when we get out of our way, and just let our creative energy flow."

You are what you have been waiting for. Remember that.

Make use of all the wolves out there and get out of the river.

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