Pushing through A Very Bad Day
Thursday was A Very Bad Day. This week has been tough as well. Unfortunately I’m having to become an expert in virtually every single thing I’m doing because the ‘experts’ who I hire are completely incompetent in business. Welcome to construction / construction financing / engineering in California. Flakes run the show.
In fact, I’m catching up on my blogging is because since this April Fools Day I’ve been on hiatus while ‘other people’ decide to pull the trigger on my next round of financing.
Whatever.
April Fools Day. What a day to get the final sign-off from the county office for the project.
All of my issues seemed to gain perspective when I watched this guy’s story and listened to the Rich Dad - Poor Dad series creator talk about the resilience it takes in order to make it when, first you’ve made colossal mistakes and second, when everyone around you is criticizing you.
So at least I’m better off than this guy. In a lot of ways, but mainly because I didn’t make the colossal mistakes.
If all I have to do is weather this current storm of boredom and the potential of financial death by attrition, that’s doable. Bring it on…
Saving us from ourselves…
And then there’s this… Bailout backlash - Apr. 23, 2008
“There’s a huge segment of the country saying, ‘We don’t want our money used for a bailout,’” said Brandon.
“A third of the American public rents,” Brandon pointed out. “They’re saying ‘I’ve been saving for a mortgage for years. I could have jumped in on a subprime loan too. Now I’m going to have to pay for a government bailout.”
I happen to be one of those renters who saw this market correction coming, and I’ve been trying to position myself properly for the opportunity.
No, I didn’t go into flipping homes. Although one of my contractor advisors is a guy who did have three or four homes he was in the middle of flipping when the music stopped and everybody grabbed a chair in the California housing bomb.
I wanted to keep on renting when everyone else was buying homes higher and higher. As Kiyosaki said in the clip, the concept of buying in a high market is looking to make money on the ‘bigger fool’. After all, if all your friends are talking about it at the cocktail parties, you’ve just gotta get into it, right?!? Meh.
Thinking of it as a sabbatical from my software, training, and wireless background I decided to work on my strategic side of business in early 2005.
It started with a family project.
Back in 2004 when gas was $2 a gallon, I was researching the soon to be sudden Hubbert’s Peak which we now seem to have slam-danced into. The best part of this construction was that it would be energy efficient, and be an example of a rural wind farm done under $10k.
Below the fold I’ve just got more to say, so don’t go there unless you just have to have the real scoop on how tough the past 18 months have been.
Posted by Charles in 21st Century Farm Project, California, Family | 2 Comments »
