Mortgage Blog

Wealth of Knowledge

August 25th, 2012 7:46 PM by Eric Fang

I like Facebook and Twitter recently. Our running
group use facebook for the grop activities and
for twitter, I can follow those athletes I like.
And I laso, I can follow those authors I like.
There is an interesting one from Jeffrey Gitomer:
If you want to build wealth, first build a wealth
of knowledge.

In 1997, Oracle got me an offer to work as a DBA.
The reason I did not accept the offer was the
requirement for the travel(at least half of the
year). But I regretted a few years later since
otherwise I should be a very strong Oracle DBA.
And if I joined Oracle DBA that year, I could
not become one of the top Loan Originators.

My path to the top originators was different from
a lot of others. I did spend a lot of time
o understand the mortgage industry. I don't know
how much total time. But I think it be more 10000
hours. And according to Malcolm Gladwell(Author
of Outliers), all people should be successful if
you work consistently on someting for over 10000

I also have lots of clients who are also good engineers.
They spent a lot of time doing the homework on real
estate investment. And they are very good landlords
now. And some of them can semi-retire now.
So yes, indeed I agree: If you want to build wealth,
first build a wealth of knowledge.

Posted in:General
Posted by Eric Fang on August 25th, 2012 7:46 PM



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