Nothing suddenly changed… it was very gradual.
I took my whole family to dinner the night that I realized I was a millionaire. Only my wife and I knew why I was celebrating… she, rightfully, wasn’t impressed with the million dollar mark.
I thought it was pretty cool at the time. I thought highly of myself for a few hours, but then it was back to work the next morning just like nothing ever happened.
We have made many millions since then and it’s even less of a big deal than it was the first time.
I still go to my office five days a week, and likely will for life. I enjoy working. It’s like a relaxing mini-vacation almost every day.
This is Wednesday. So far this week, I’ve made an offer to purchase two properties, helped a Quora reader/real estate investor in New York, dealt with two foundation repairs for approximately $28,000, closed on one property that I sold, received and accepted offers on two more properties from separate buyers that I had listed for sale. Those will close before the end of the month. I’ve been to court on a property zoning issue (I won the case, but it still cost me $4,500 for a new site plan, so it was more of a semi-win).
Tomorrow I’m in meetings much of the day, but am helping a very active Quora writer/real estate investor via a phone call in the morning and in the afternoon I plan to invest six-figures in a start-up business that I anticipate receiving a large percentage of ownership in, if negotiations go as everyone plans.
Then I’m off to play poker until early Friday morning. I’ll go to sleep for a few hours, then go to my office for a few hours before my wife drives me to the airport for a business trip in Florida from Friday evening through late Monday night when I finally get back home and can start a new week.
The thing that I’ve noticed with me is the more funding that I have available, the more deals that I look at. If I don’t have available funding, there is no use in wasting anyone’s time, so no urgent need to have a meeting. Lately it seems that I’m always meeting with people. Lunch is almost always a business lunch, to conserve time, and give me a chance to relax just a bit and get to know the person that I’m meeting with.
The volume of opportunities is about the largest change that I can think of. The more funding you have, the more opportunities you are able to take advantage of.
If you’re doing $10,000,000 minimum deals, up to one Billion dollar deals, right now I have a pipeline to funding. The larger the deal, the more they are interested in funding it. So, I guess that’s something that I didn’t have prior to becoming a millionaire also… a lot of contacts, with a lot of available funding.
Other than that, not much else has changed.