Re: a new partner? and conf ? - Posted by Jim FL
Posted by Jim FL on March 04, 2002 at 13:37:33:
Robin,
This is a topic near and dear to my heart.
Having a supportive spouse is important, as you know.
It is not always easy to get them to come along, at the beginning.
Same with other relatives and friends.
Not one of my three wives, yes, I’m on my third and final wife now, was very supportive.
The first basically said, “You are nuts!”, and because of that and my own fears, I did not start til after she was gone.
My second wife became supportive AFTER we made a little money and she saw my efforts.
My third wife, well, she knew going in what I did for a living, probably because one of my tenants at the time was a friend of hers. (Found that out AFTER beginning to date my wife)
She watched, but did not really get too involved in the beginning.
Probably because I was starting over at the point, and the income was not where it had been previously.
However, when we started to make some nice money, she jumped on board completely.
Now that she enjoys not having a J.O.B. outside the home, she is convinced, and works with me on a few things, when she has time.
Her full time J.O.B., being a mom and taking care of the household does hamper what she can do with me in REI a bit, but she is there by my side, supporting me 100%.
The best way to convince someone close to you that this stuff works is to show them.
Do a deal or two, using techniques that minimize your risk, and when you get paid, show them the check.
(SHOW Him the MONEY!!)
Works like a charm, trust me!
This of course is easier with a spouse who gets to share in the use of the profits.
Others may be harder to convince.
To this day, my mother still when she calls askes me of I’ve given any thought to getting a J.O.B.?
And I’ve been full time supporting myself solely with REI for some time.
Not to mention the few investment properties I’ve helped my parents purchase over recent years.
Some people are just never convinced, no matter what.
Don’t let it stop you.
Take the bull by the horns and make yourself get it done.
As Nike says, “Just do it”.
Good luck to you,
Jim FL