My Life & 1,000 Houses
Failing Forward to Financial Freedom
By: Mitch Stephen
Published: November 12, 2008
Format: Paperback, 406 pages
ISBN-10: 1419698540
ISBN-13: 978-1419698545
Publisher: Lone Horse Publishing
"You don't have to have a Harvard education to accomplish or even exceed your dreams", writes self-taught real estate entrepreneur Mitch Stephen, in his straight talking and inspirational book My Life & 1,000 Houses: Failing Forward to Financial Freedom. The author describes his extraordinary journey, through the purchase and sale of over one thousand homes, and the often hard lessons he learned along the way.
Mitch Stephen recognizes that having money is not the most important element in buying real estate. Instead, it's much more important to have integrity, a willingness to learn new ideas, and to be persistent. Instead of offering the dubious get rich quick advice presented in some books and in late night infomercials, the author stresses the need for hard work and a need to understand oneself. Instead of repeating bromides, Mitch Stephens shares his mistakes, as well as his successes, providing crucial insights into the life of an entrepreneur and the inner drive necessary to achieve one's goals. From humble beginnings, the author overcame the disadvantages of a lack of cash, and created his own opportunities through diligence and dogged perseverance.
Mitch Stephen (photo left) understands that real estate entrepreneurship is much more complex than simply buying and selling houses. Instead, the author's entrepreneurial journey was as much a lesson in understanding his own personal strengths and weaknesses, as it was learning the ropes of real estate transactions. Through creative thinking, and discovering workarounds for the numerous roadblocks he faced, Mitch Stephens was very often forced to reach deep within his own reserves of willpower, to avoid disaster. Along the way, the author provides important lessons, in what every real estate investor must known and understand, to achieve success in a very challenging industry. Throughout the book, Mitch Stephens offers words of wisdom, practical real estate knowledge, and his own personal struggles to put them all together.
For me, the power of the book is how Mitch Stephen combines critical information about profitable real estate investment with his own personal autobiography. The author is a fascinating storyteller, and each chapter offers not only advice for buying and selling homes, but also Mitch Stephen's personal experience with overcoming the obstacles in his path. Importantly, the author underlines the fact that becoming a real estate entrepreneur is not a fast road to overnight wealth.
Instead, Mitch Stephen provides a realistic portrayal of the emotional highs and lows, the often extreme difficulties in making a transaction work, and the need to be learning new information constantly. This book is not one of those get rich quick types, but rather a warts and all assessment of what is needed both personally and intellectually to succeed in the real estate entrepreneurial game. As an added bonus, the Mitch Stephens share a CD of his own songs to accompany the story, giving the book an unexpected and added delightful addition.
I highly recommend the realistic and motivational book My Life & 1,000 Houses: Failing Forward to Financial Freedom by Mitch Stephen, to anyone seeking to become a successful buyer and seller of homes. The author doesn't sugar coat the difficulties and challenges that the budding entrepreneur will face, but he does share his experiences in meeting and overcoming those seemingly insurmountable barriers.
Read the enjoyable and engaging book My Life & 1,000 Houses: Failing Forward to Financial Freedom by Mitch Stephen, and decide for yourself if you really want to become a real estate entrepreneur. Should you choose to embark on that business adventure, this book is the ideal guide to help you realize your dreams. You will never read one of those unrealistic overnight wealth books again.
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