• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Logo 2x

Vestright

Transforming Lives Through Real Estate

  • About
  • Podcasts
  • FAQ
  • Testimonials
  • Blog
  • Contact
  • LOGIN

Entrepreneurial Risk

September 24, 2019 by David Hill Leave a Comment

Entrepreneurial Risk

So today I wanted to talk about RISK.

And more specifically, entrepreneurial risk.

If you look up articles on the common traits of an entrepreneur, you’ll find that pretty much all of them agree that a common trait of a true entrepreneur is that they’re risk takers. Part of being an entrepreneur is having a healthy appetite for uncertainty and the ability to realize that even if the results aren’t perfect the first time around, it’s ok to take the chance and see what happens.

But there are different kinds of risks.

There’s the break-neck risk of leaving the security of your 9-5 job and dedicating yourself 100% to your dream project.

On a smaller scale, there’s a risk of failure.

Also, each industry has its own inherent risks.

For a real estate agent, there’s always a risk that your buyer or seller might back out of a deal and you lose your commission.

As for the fix and flipper, there’s always a risk that you’ll find major issues with the home, once you start with your repairs.

As a 9-5 employee, there’s always the risk that you’ll get to the end of your career and not have much to show for it. Maybe you lived a comfortable life all those years, but you weren’t ever able to save for retirement.

In my industry, residential land development, hands down the biggest risk comes in financing the purchase of raw land and constructing a subdivision.

And that’s what gets me so excited about our program, Land Deals Revealed. Our program is based off of a business model that we’ve been practicing for almost 2 decades. And what I love about it is that it allows us to stay in the driver's seat and control our risk level. With our model, we can still make amazing 5 to 7 figure returns, but we’re avoiding the big risk of actually purchasing the land.

So if you’d like to find out more, you can catch our training video at vestright.com/action
The best part of our video? Hey it’s free, so there’s no risk!!

Catch you in the next one!

Posted by Cody Bjugan – VESTRIGHT on Tuesday, September 24, 2019

So today I wanted to talk about RISK.

And more specifically, entrepreneurial risk.

If you look up articles on the common traits of an entrepreneur, you’ll find that pretty much all of them agree that a common trait of a true entrepreneur is that they’re risk takers. Part of being an entrepreneur is having a healthy appetite for uncertainty and the ability to realize that even if the results aren’t perfect the first time around, it’s ok to take the chance and see what happens.

But there are different kinds of risks.

There’s the break-neck risk of leaving the security of your 9-5 job and dedicating yourself 100% to your dream project.

On a smaller scale, there’s a risk of failure.

Also, each industry has its own inherent risks.

For a real estate agent, there’s always a risk that your buyer or seller might back out of a deal and you lose your commission.

As for the fix and flipper, there’s always a risk that you’ll find major issues with the home, once you start with your repairs.

As a 9-5 employee, there’s always the risk that you’ll get to the end of your career and not have much to show for it. Maybe you lived a comfortable life all those years, but you weren’t ever able to save for retirement.

In my industry, residential land development, hands down the biggest risk comes in financing the purchase of raw land and constructing a subdivision.

And that’s what gets me so excited about our program, Land Deals Revealed. Our program is based off of a business model that we’ve been practicing for almost 2 decades. And what I love about it is that it allows us to stay in the driver's seat and control our risk level. With our model, we can still make amazing 5 to 7 figure returns, but we’re avoiding the big risk of actually purchasing the land.

So if you’d like to find out more, you can catch our training video at vestright.com/action

The best part of our video? Hey it’s free, so there’s no risk!!

Filed Under: Land Deals Revealed Tagged With: risk

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Latest Posts

Real Estate Exit Strategies for Raw Land Development – How to Make Money Selling to Developers

In the ever-evolving world of real estate investing, there are countless opportunities to build wealth and secure your financial freedom,…

Read More

One Of The Best Ways To Make Money In Real Estate: Off-Market Raw Land with Development Potential

There are plenty of ways to make money in real estate, but not all of them are worth your time…

Read More

How to Be Successful with Raw Land: Adding Value and Selling Land to Developers

Home builders always need more land to build on. And that’s exactly what makes raw land a profitable investment opportunity.

Read More

Raw Land Acquisition vs Traditional Real Estate Investing: Which is the Best Way to Make Money?

Are you considering investing in real estate but need help knowing where to start? Or you've been investing in traditional…

Read More

The Best Real Estate Side Hustle to Grow Your Wealth

Are you interested in making extra money in real estate investing but don't want to commit too much capital or…

Read More

Footer

vestright-logo

© 2023 VestRight® | All Rights Reserved
Privacy Policy | Terms Of Use

5005 Lyndon B Johnson Fwy Suite 300 Dallas, TX 75244

DISCLAIMER: The figures stated on this page are our personal figures and in some cases the sales figures of previous or existing clients. Please understand these results are not typical. We're not implying you'll duplicate them (or do anything for that matter). The average person who buys "how to" information gets little to no results. We're using these references for example purposes only. Your results will vary and depend on many factors including but not limited to your background, experience, and work ethic. All business entails risk as well as massive and consistent effort and action. If you're not willing to accept that, please DO NOT PURCHASE ANY VESTRIGHT COURSES.

Download Your FREE “7-Figure Raw Land Paydays” Playbook

Please enter your name and email below.



 






No thanks, I don’t want to download the playbook