May 4, 2022
Something I’m Reading
I just finished a book called The Surrender Experiment by Michael Singer. I listened to the whole book in one day during a long drive. Overall, I like the theme of the book. It’s focused on the idea of not being so forceful about where you're headed and being open to what the world/universe has in store for you. It was a bit too “woo woo” for me but I liked the message. Ironically, the next morning at a church I was visiting in Minnesota, the theme of the sermon was on surrendering - a very similar idea but from a Christian perspective. It was interesting to have the same message two days.
Something I Teach
To expand on the idea from the book above, it's not about having no plans but rather being open to different possibilities and things that are presented to you. For example, I’ve been on this long road trip and the truck broke down when I was in New Mexico. It’s would’ve been easy to react and get upset because that wasn't a part of my plan or I could just recognize that this is an adventure and I can look at it with curiosity and see where it takes me. And, in fact, this situation actually lead me to connect with a friend who I hadn't talked to in almost 20 years who lived in the area. We ended up hanging out for a night and had a great time. So what could’ve been a negative experience ended up being really positive because I decided to surrender to the experience versus trying to control everything. This is really the theme of the book above.
In reality, we have control over very little. The things we can control are very important like waking up early, being kind, or reading and learning. But most of life is things that happen to us. If we are constantly frustrated because life doesn’t perfectly match our plans, we are going to be upset. My encouragement to you is this: yes, plan but then go with the flow a little and see what the universe/God has in store for you!
Something I Photographed*
I was in ATL this week visiting one of the apartments we have under contract for our newest opportunity - the Sunbelt Diversified Portfolio! As of today, we’re live to all accredited investors, and here are a few reasons why I’m excited about this deal:
All deals are in rapidly growing markets (Austin TX, Daytona FL, Atlanta, GA), and also produce attractive cash flow from day one.
We’re targeting 7-9%+ average annual cash-on-cash and 13-18%+ average annual return over the life of the investment, providing strong and stabilized returns to investors.
We believe in this offering so much our GPs have committed $1.5M+ of their personal funds to invest alongside the LPs.
Something I’m Excited About*
Just wired my personal investment into the deal above so I’m fired up! If you, or someone you know, need to put capital to work, protecting it against inflation, join me. Here’s the link to invest now.
Something I Can Answer
Every week, I answer one question asked by a BTB subscriber. Have a question you want me to answer? Reply to this text with your question!
Question: “How many goals are optimal to pursue at once? What tools do you use to reach your goals?”
I like to have one goal in each category and I try to pick no more than three categories (like business, fitness, relationship, etc). I typically have three goals and I don't want more than one goal in any category. For example, I don't want to have two goals related to business or three goals all related to my fitness. For me, I have one goal for fitness, one goal for business and one goal for my relationship with my wife. Anything more than that, I start to lose focus on the goals and then they become less important and I tend to not hit them.
As for tools, I use EOS for my business which is the Entrepreneurial Operating System from the book Traction by Gino Wickman. We implement that pretty strictly and we track everything within Asana as a team.
I also use the Intention Journal when I wake up every morning. Once a week, I do a “date” with myself where I sit down, review my goals, and work backwards to make sure that I'm going to hit them the way I had planned. The most important thing is to find tools and a system that are sustainable and that work for you.
Your Friend,
P.S. Comment below and let me know your thoughts on this week’s BTB! Please be friendly :)
*This is not an offer, or a solicitation of an offer, to buy or sell securities. This is not tax or financial advice. Past performance is not an indication of future results. Investing involves risk and may result in partial or total loss. Prospective investors should consider carefully investment objectives, risks, charges and expenses, and should consult with a tax or legal adviser before making any investment decision. For additional information, visit www.ODCfund.com.