Hello- My name is Court and I am a father, physician, investor, entrepreneur and optimist. I just found this forum today and find it interesting and potentially hugely beneficial to me! I look forward to hearing from like-minded individuals that can share their experience and opportunities with the community.
My story starts as a poor kid growing up in a rural American trailer park... born to a single mom into a relatively poor but hardworking family. I was blessed/lucky enough to have an amazing mother, grandmother, and (later) step father to teach me about hard work and the power of believing in your dreams and the American dream/opportunity.
We were so poor growing up that I assumed everyone was as poor as we were, so I was happy. I was loved and made to feel special and in some ways invincible. As early as first grade I had wonderful teachers and mentors sharing the belief that I was smart and a natural leader. I am not sure now if this was true, or if their belief in me transformed me into a self-fulfilling prophecy. Regardless, something worked and I became determined to become a doctor at a very young age. This seemed pretty improbable now in retrospect (as none of my family had ever attended college, we had no money and no connections). Luckily, I didn't know better and continued down the path of college, medical school and ultimately a successful medical career. To some and maybe to @MJ DeMarco this was a dumb path to take, but it got me out of the trailer park!
The investor/entrepreneur side of my story started in college also... I realized in college that I had aspirations that were beyond medicine and the "job" feeling that goes with being a doctor, even if one owns and runs their own practice. So at 18 I bought my first rental property and rented out rooms in a townhouse to my college friends. I have since gone on to buy and sell about 15-20 more properties and currently have 8 rental properties and one more in process.
The entrepreneurially side of things in me also has attempted (and failed) at several MLM type companies. But my wife and I did get the bug to utilize the distribution methods of MLM to start our own MLM company a couple of years ago. This proved to be much more satisfying (and rewarding), but was incredibly labor intensive and stressful. We ended up divorcing the business partners and selling our share of the MLM business last year. We now hope to someday again create another MLM type of company.
We are now working on a cookie delivery business that is also labor intensive, but working on ideas and plans to expand it nationally via shipping and/or franchise the model to others.
Lastly working on an app and idea that involves gaming and some fun and creative new ideas. I have never done much as far as programming or app development, but after reading The Millionaire Fastlane I am more inspired to focus my post medicine energy on this business and idea.
I am currently working on the sale of my medical practice and then will be free to use some of those sale proceeds to fund future expansion of my other businesses, real estate, ideas and money trees.
I can personally agree with the theory in the book that in todays dollars 5 million = 1 million in most peoples perceptions of what it is to be a millionaire. We are just reaching the 5 million net worth point in our life, and we still feel like we are poor when it comes to cashflow. Hoping this group, along with hard work and time will allow us to change the feeling of being poor (even with a $5 million net worth). We do realize this is all relative, but its probably also partially due to our lack of discipline as consumers and my hunger to always be maxing out our investment dollars with each opportunity I can....
Appreciate any thoughts or feedback on where to focus our energy and how to improve in our process. Look forward to getting to know you all... and thanks in advance for your experiences and input.
My story starts as a poor kid growing up in a rural American trailer park... born to a single mom into a relatively poor but hardworking family. I was blessed/lucky enough to have an amazing mother, grandmother, and (later) step father to teach me about hard work and the power of believing in your dreams and the American dream/opportunity.
We were so poor growing up that I assumed everyone was as poor as we were, so I was happy. I was loved and made to feel special and in some ways invincible. As early as first grade I had wonderful teachers and mentors sharing the belief that I was smart and a natural leader. I am not sure now if this was true, or if their belief in me transformed me into a self-fulfilling prophecy. Regardless, something worked and I became determined to become a doctor at a very young age. This seemed pretty improbable now in retrospect (as none of my family had ever attended college, we had no money and no connections). Luckily, I didn't know better and continued down the path of college, medical school and ultimately a successful medical career. To some and maybe to @MJ DeMarco this was a dumb path to take, but it got me out of the trailer park!
The investor/entrepreneur side of my story started in college also... I realized in college that I had aspirations that were beyond medicine and the "job" feeling that goes with being a doctor, even if one owns and runs their own practice. So at 18 I bought my first rental property and rented out rooms in a townhouse to my college friends. I have since gone on to buy and sell about 15-20 more properties and currently have 8 rental properties and one more in process.
The entrepreneurially side of things in me also has attempted (and failed) at several MLM type companies. But my wife and I did get the bug to utilize the distribution methods of MLM to start our own MLM company a couple of years ago. This proved to be much more satisfying (and rewarding), but was incredibly labor intensive and stressful. We ended up divorcing the business partners and selling our share of the MLM business last year. We now hope to someday again create another MLM type of company.
We are now working on a cookie delivery business that is also labor intensive, but working on ideas and plans to expand it nationally via shipping and/or franchise the model to others.
Lastly working on an app and idea that involves gaming and some fun and creative new ideas. I have never done much as far as programming or app development, but after reading The Millionaire Fastlane I am more inspired to focus my post medicine energy on this business and idea.
I am currently working on the sale of my medical practice and then will be free to use some of those sale proceeds to fund future expansion of my other businesses, real estate, ideas and money trees.
I can personally agree with the theory in the book that in todays dollars 5 million = 1 million in most peoples perceptions of what it is to be a millionaire. We are just reaching the 5 million net worth point in our life, and we still feel like we are poor when it comes to cashflow. Hoping this group, along with hard work and time will allow us to change the feeling of being poor (even with a $5 million net worth). We do realize this is all relative, but its probably also partially due to our lack of discipline as consumers and my hunger to always be maxing out our investment dollars with each opportunity I can....
Appreciate any thoughts or feedback on where to focus our energy and how to improve in our process. Look forward to getting to know you all... and thanks in advance for your experiences and input.
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