Forbes.com just posted an article where I was interviewed about my mid-life (late life?) career change to real estate.
I met Caroline Ceniza-Levine at an International Franchise Expo in New York City recently and she became interested in what I was doing and why.
One of the quotes used describes how I stumbled upon real estate as an income option:
When deciding to make a career change, I read and researched the wealthy. I was fascinated by how they acquired their wealth and, later, by how to keep it. Over and over I ran into real estate as the way to create, not just wealth for today, but generational wealth. In fact, until the age of technology, I’d say it was the primary way. I have very little interest in the tech world so real estate was the obvious path to pursue.
If real estate isn’t something that interests you, no worries! I give the same advice to anyone making a career choice:
I was in my mid-forties and felt that I had the time and the health needed to try one more thing, but not the time for a failure. So I determined to put my head down for 3 years to see how much I could accomplish with 100 percent focus. At the end of 3 years, I would determine whether to quit or to go back to the w2 world…. An absolute must is 100 percent focus. I have watched many try this or any business and, before they had time to become skillful, jump to something else that seemed faster and easier. Nothing worthwhile is fast or easy. Decide what you want to do and focus on that one thing until you’re successful or convinced you have made the wrong decision. Whatever you do, give yourself the necessary time to gain the needed skills.
Please read the entire Forbes.com article (it’s very short) and let me know your comments here on my blog. I look forward to hearing from you!