Real Estate Options & Exit Strategy

Ok, folks. Now I need to say something about leverage. The fact is that at this moment, my "complete" business is a sleeping giant...I have more potential income at my fingertips than I could ever possibly use. It's so big after two years of effort, that not even I know the full extent of everything I am involved in.

The learning curve toward my first deal is almost complete...and it only cost me a little more than $10,000. Within three or four weeks, my first real estate deal will be in process and accellerating toward closing.

Two major mistakes I made during all of 2004 and 2005 were...

1) Not having an EXIT STRATEGY.
I am now convinced that this is why 90% or more of all startups fail.
Remember: the money for ANY job, product or service, anywhere, is NOT in the hourly trades.
It's in the CONTRACTS. I can make a millionaire for $20 if I want to. If I know how to structure the right deal, I can make my own million for just $1.00...the problem is in simplifying the build of that contract so that others can understand it...and I might not want to do that, because it increases my competition. :-)

2) Confusing FREE information with WORTHLESS information. Free information need not be WORTHLESS if you get enough of it, nor is it ever worthless if you know how to use it practically.