The financial world we live in is just as wild, if not more, than the mountains and woods we walk through. We are told that the fundamentals of our economy are strong, but we can feel that something is wrong. My unique financial background and survival passion make Financial Survivalist and excellent place to learn and share.

Thursday, February 9, 2012

Am I Doing Everything Wrong?

My Thoughts Thursday
Will I Mess It Up?

As I sit on the precipice of cutting the egress windows for a flip I am doing, I ask myself, "Am I doing it right? Am I going to mess everything up?" My mentor, Greg Clevery, told me about how he had to redo egress windows once because he had the wrong code requirements. I looked up the codes and found the minimum requirements for egress windows and ordered my windows accordingly.

Now, I don't have the chainsaw with a diamond blade to cut the foundation, and I can't find a place to rent it. I figure I'll have to use the circular saw to cut the concrete on both sides, then hammar it out, and finish by cutting the rebar. It's going to be a mess. I'm not excited to do it, and if I had to do it twice I would cry.

So, the time comes for me to gird my loins, suck it up and do it. In business, investing and survival, there are risks. The only way to succeed is to learn how to mitigate your risk, not eliminate it. If you never take risks, you'll never succeed. You miss 100% of the shots your never take.

Therefore, tomorrow, as the rain subsides and the tool rentals begin, I will start destroying my foundation and cutting a huge hole into the side of my house. I'm sure all will be well, but until then my message to all is HAVE COURAGE. There is no other way.

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