Entrepreneur Stories

The Pursuit of Certainty is Hell

Like a drug addict searching for more of his narcotic of choice, the pursuit of certainty is my vice and the source of nearly every anxious moment I have… As an entrepreneur and someone who routinely takes on sizeable risks, I crave certainty. And I …

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Turning a Basement Into a Rental Unit

The latest real estate renovation for investment purposes we completed was a basement suite. More specifically, it was the basement suite for a half-duplex (built in the 1960s) in the inner city. The premise behind the reno was to turn a single unit investment property …

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What is Your Wealth Model?

Nathan Bedford Forrest was a conflicted man, and a brutal general for the Confederate Army during the American Civil War. He was a ruthless tactician and a racist. Federalist William Tecumseh Sherman (another infamous general from the Civil War) famously dubbed him ‘that Devil Forrest.’ …

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Finding the Silver Lining Amidst Chaos

Anxiety seeped through their voices. I heard devastating stories while speaking with many fellow entrepreneurs this past week. Some are left in precarious positions requiring a big dip into their personal savings to keep their employees paid and business afloat… Although a cash call to …

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Invest in the Efficiency-Obsessed Entrepreneur

The market is shifting from aggressive growth-focused companies (scale before profit) to ones who actually generate profit… right from the commencement of commercialization.  The renewed focus on the bottom line, I think, was brought about by WeWork’s failed IPO. Or perhaps that was the straw …

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What I Learned After Reading Bitcoin Billionaires

After reading “Ugly Americans” (a personal top 50 book), and “Rigged” many years ago, I became a fan of author Ben Mezrich. He has a penchant for writing fascinating entrepreneurial stories, typically based on real-life events. So when Bitcoin Billionaires was released over the summer, …

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Get Ready to Pay When a Tenant Leaves

This year has served as a good reminder. 2019 has been one of high tenant turnover, and managing rental properties has been time-consuming. Almost every rental property we manage has had a transition from one tenant to the next, which reminded me of just how …

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The Buyer Shouldn’t Address The Elephant in the Room – That’s Your Job

A friend of mine and fellow entrepreneur is a ‘sensei of the sales process.’ The guy is a natural closer. He does it in such a casual yet skillful manner that when describing how he closes tough deals, you get the urge to pull out …

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How Real Estate Investors Spot a Motivated Seller

Every buyer or real estate investor wants a motivated seller because it often results in getting a pretty good deal on the property… however, it’s not always easy to spot a motivated seller, at least not before negotiations begin.  Over the years, I’ve figured out …

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