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John Schaub’s Making it Big on Little Deals

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Written by Eric Olson   
olson 62x68.jpgToday many Americans are experiencing failure for the first time in their lives. Whether it is foreclosure, catastrophic hospital bills, unemployment or the loss of their retirement holdings, many are facing some kind of challenge. The young woman’s story leaps out at me as an example: J.K. Rowling. At a young age she chose to work instead of pursuing her passion, writing. Nevertheless she found herself very poor and almost homeless in Britain. She concentrated on the things she did have, things that were valuable to her. First was a wonderful little daughter, the second an old typewriter and lastly, she still had the dream of becoming a writer. These were the building blocks to her book Harry Potter and the Sorcerer's Stone.


Hands-on Training
I believe this was the same principle John Schaub was trying to achieve during his seminar through a daily exercise he conducted with each class. John posted maps on the walls in the seminar auditorium of neighborhoods we would later be walking through. John broke us into teams for this after-class night adventure.

 

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The lesson unfolds like this: armed with the basic guidelines of what to look for in a purchase, you and your group will go out and seek real deals. Our designated group entered neighborhoods and started doing door-to-door cold calls seeking information about that targeted area. John provided some basic instructions on what to look for when searching for properties to purchase for less than their worth or properties that you could add value to. While the class received a manual, the Schaub philosophy was hands-on and practical.

Nothing can prepare you for the actual face-to-face conversation with potential sellers like going out and doing it!

 

 

         John Schaub 

 


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