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Monday, March 23, 2009

Cash Flow Note Business Success - The Lone Wolf

By Dean Engle

The Cash Flow Note Business, An Insight

My friend Heather, flew in this weekend to celebrate her 40th birthday.

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.

I had the best time.

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

Heather is a very talented artist, and in her line of work she tell storeies though different types of media. This is very different from my speciality for buying notes.

Her current project involves a Native American woman from Washington. She is a member of the Sakgit Indians, and Heather has been documenting the life and wisdom of this woman.

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".

This when Heather brought up the 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.

Success in the Cash Flow Note Business, Words of Wisdom

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."

How Does This Relate To The Cash Flow Note Business

This is how it applies to your note buying business.

a) The river flowing fast resembles you, and the unknown world of investing in nonperforming notes. It must terrify you.

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

c) If you flow with the river, and trust it, you will reach your destination. (same goes for notes when figuring out the multiple exit strategies in your 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) You are learning how to swim in a river that is probably moving faster that what you are used to. It's not a "struggle". Because once you are able to stay afloat in you cash flow note business, you will master the lingo, master what a trade looks like, master the process and close your first deal! Let the river guide you.

A Tip on Your Cash Flow Note Business

"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."

Remember, it's YOU that you've been waiting for.

Get out of that river now and make use of all the other wolves out there. - 23221

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