Today’s REI Classroom Lesson

Listen in as Tom Olson explains the right kind of success, which isn’t measured by how much money you have, but more so by working hard, having integrity, sharing, and believing in what you do.

REI Classroom Summary

As Tom Olson tells us, success is bigger than the individual and how your successes should be shared with others.

Listen to this REI Classroom Lesson

Real Estate Investing Classroom Show Transcripts:

Mike: Welcome back to the REI Classroom, where experts from across the real estate investing industry teach you quick lessons to take your business to the next level. And now, let’s meet today’s expert host.

Tom: This is Tom Wilson of Good Success and today I’ve been asked to host the REI classroom. Today, we are going to talk about success.

Mike: This REI Classroom real estate lesson is sponsored by

Tom: What is success? What is success to you? What is success to me? And I’m just going to kind of explain to you what success is to me. As I told you in the opening, my company’s name is Good Success So our company’s name is a Good Success and I’ve had people come up to me and asked me, “Why did you call it good success? What is good success? Why didn’t you call it great success or true success or just simply success?” There are so many things that people talk about when they talk about success and to me, it’s about having the right kind of success. It’s about having success, yes you do want to do a lot of stuff, you maybe want to make a lot of money. You might want to be able to do things that other people can’t do. You might have big goals and big dreams.

But to me, it’s about having the right goals and it’s about having the right dreams. It’s about being able to spend time with my family. It’s about being able to do things for others. Again, like I said, it’s about the right kind of success and to understand that having the right kind of success means that there’s a bigger meaning about what you do than just yourself. It’s a lot more than just making money.

Good success, to me, is having others involved in your success. It’s about putting your head on the pillow every night and knowing that you did what you were supposed to do that day and you’ve done everything that you could do in your power on that day to be able to do right by people and to have success that day. And sometimes, success is a lifetime, but some success really is in daily chunks of doing the right thing and doing all that you can do.

I believe that this kind of success has four main ingredients. I think the first one is belief. Believe in what you do and believe in why you do it. You’ve got to believe that what you’re doing is a good thing. If you don’t believe that, it’s really hard to kind of sell yourself even on doing and getting up in the morning and moving on even though when you might have a tough day. Believe that there is something bigger than yourself, something bigger than making a dollar. Having a purpose in your life and having a purpose for a reason why you were put on this earth. Having a mission and doing everything you can do to fulfill that mission.

I think the next thing is hard work. Giving it all you’ve got every single day. There’s something I just can’t deal with in my home, in my office and in my work it’s and it’s laziness. And I think sometimes Americans are really just lazy. I guess that I hate to say it that way, but hard work is such a key ingredient, in my opinion, in success.

The next thing is simply integrity. I don’t know how you can have success and be dishonest and cheat people and do things the wrong way and cut corners you’ve got to have integrity and be honest and not just with others but you’ve got to be honest with yourself. That’s something that sometimes is so hard to do.

The last thing I would say is to go and give. Using what you do to help others I think is such so huge for me and our company called Good Success. But I want to make what I do be a blessing to other people. I want the blessings that I get to work through me, not to me. I’m not just a bucket that I want blessings to just sit in my bucket. I want to be a conduit or a funnel that funnels blessings to other people. I encourage everyone out there to understand that success has to be shared in order to be good success.

I encourage everyone out there to share what you know today. Share the money that God`s given you. Sure the blessings that you’ve been given and just understand that in order to have what I consider good success is it has to be shared success. Thank you so much for being with us today in the REI Classroom. Have a wonderful day.

Mike: HomeVestors, the “We Buy Ugly Houses” folks, is a franchise system of hundreds of real estate investors that have purchased over 65 000 houses. If you’d like to learn more about the most powerful real estate investing system in existence, whether you’re a pro looking to take your business to the next level or whether you have no experience at all but a burning passion to be successful in real estate investing, please to learn more.

Please note, the views and opinions expressed by the individuals in this program do not necessarily reflect those of or any of its partners, advertisers or affiliates. Please consult professionals before making any investment or tax decisions, as real estate investing can be risky.

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Tom Olson
I am an investor working in the greater Chicagoland area. I have been in this business for over a decade, and have bought and sold over 1,000 houses. In addition to looking for deals, I offer real estate coaching for the new investor as well as a flip-management program for those looking for the profit but none of the hassle.