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Tuesday, April 7, 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 went to the Samovar Tea Lounge near my house, and over some white tea and salmon salad, we spent hours catching up.

It was blissful.

The think that impressed me was what she shared with me about a current project of hers.

I automatically thought about how it related to my Cash Flow Note Business. Because of the simple fact that the story had a direct impact on you, your life, and the way you interact with people in your community.

Heather's Relation to The Cash Flow Note Business

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.

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

The wise woman was considered a community builder within her tribe. And during a pre 9/11 interview, this woman told Heather that people were empty. They were no longer fulfilled.

This when Heather brought up the Hopi poem about the Lone Wolf.

The poem was something that I wanted to share with you. So you can read it and take from it the wisdom that it speaks. This is especially beneficial for those of you starting a new cash flow note business.

Success in the Cash Flow Note Business, Words of Wisdom

Read the poem that i'm sharing with you...

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

b) Others less adventuresome than you will "hold onto the shore" while you push on.

c) The river has a destination, a destination that you can reach if you flow with the river. Trust it. (like the multiple exit strategies for 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) In your process of learning how to swim in a river moving at speeds you aren't used to. You won't be struggling. You will learn how to float. As you learn the lingo of your cash flow note business, learn the process, learn what the trade looks like, eventually your first deal will close. All of this happening while you let the river carry you through it.

Tip on the Cash Flow Note Business

The important lesson learned? "We are the ones we've been waiting for."

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.

You can do anything you put your mind to. There is no one else you need to wait for.

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

The power of this simple realization should not 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 - you're the one you've been waiting for.

Now get out into that river, make use of all the other wolves out there. - 23222

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