Real Estate Money School

Reclimbing the Ladder After Failure w/John Ferguson

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Synopsis

When we go through personal financial difficulty, picking ourselves up and rebuilding can feel near-impossible, but our guest this week did just that. How did he lose it all, and what did it take to rebuild? What are the key lessons he learned from his failure? How can we avoid the common mistakes many investors make when they start seeing solid monetary returns? On this episode, Real Estate Investor, Speaker, Mentor and Expert, John Ferguson shares his experience going from success and speaking gigs to selling jeans; all before climbing his way back to the top.  Just because you can make and spend a lot of money, doesn’t mean that you should until your revenue is there. - John Ferguson   Three Things We Learned Change the view we have about money  The conventional knowledge we are given by society about how to spend money isn’t always applicable to our personal circumstances. We should be getting mentorship to change those beliefs for better financial practices.    Don’t eat into profits too quickly  When we