Show notes
"There's no failure, my brother. There's no failure. There is only lessons. When you see a warrior that is crowned as a warrior, what does his back look like? Do you think there's a warrior without marks and bruises?"
In this deeply transformative episode of Konnected Minds, we sit down with a real estate entrepreneur who went from sleeping on a couch and in parks to building a multimillion dollar real estate empire, and who reveals the raw, unfiltered truth about starting with nothing, why there is no such thing as failure only lessons, and why everything you've been taught about needing money, connections, or perfect conditions to start is keeping you stuck while others build generational wealth from the exact same position you're in right now.
We dive into the brutal reality of how he started, why he left home one day and told his mother he was not coming back until he made money, why he slept in different places including parks and shared workspaces, and why after COVID his family was six months behind on rent and about to be thrown out. We unpack the exact strategy he used to get his first deal, why he approached a family with five acres of land and told them he wanted to buy it even though he had no money, why he drafted an agreement, got a graphic designer to design Stadium Spring estate for free, put a price on it, and started marketing it before he even paid for the land. We break down why he cried, prayed, and did everything, why he was frustrated and it took time, but why his first sale of 6.4 million changed everything not because the money was big but because it got him started.
But we also confront the uncomfortable truth that the same 6.4 million for another person would not change anything, and why the same 6.4 did not exactly change his life immediately but at least got him started. We discuss why from that 6.4 he paid a deposit to the landowners, got a shared workspace, bought two suits to upgrade his appearance, paid off his mom's rent, gave her some money, and was back to zero, but now he had the land, he had paid the deposit, he had a shared workspace, and he had momentum. We expose why he started sleeping in the shared workspace and just kept trying to sell, sell, sell, sell, sell, and why that relentless focus on execution is what separates those who build empires from those who stay stuck in their feelings.
We get into the hard lessons he learned along the way, why when he started his first project he built six terraces and two fully detached houses, why the day he signed the project the investor he brought to the meeting vanished and disappeared, but why today the project is delivered and he owns one of the units. We break down why he took another project to an investor who vanished, but today the project is delivered and he even gave his mother a house there, and why he has a land where an investor asked him for 60% returns in a year which was impossible, but because he was able to buy the land he gave it out to another developer and now has over 2,000% returns. We discuss why the government took his first land because a road passed through it, but why he solved the problem by compensating the people he sold to and giving them another place, and why this proves that it doesn't matter if your life starts on the wrong side or the right side because you will have problems but the key is solving them.
We also tackle the question of mistakes, and why he insists there are no mistakes only lessons. We expose why everything that looks like a mistake is actually a lesson, why he bought land and lost it, why he started a project with little money and inflation met him on the project and he was depressed, why he got the wrong contractor on a project and it turned out wrong, but why none of that is failure because the same failure if you didn't take that action that results into failure you won't even be successful anyway. We break down why when you see a warrior that is crowned as a warrior his back is full of marks and bruises, why those bruises were not pinned because he failed to fight but to make him fight better, and why there is no failure only lessons and giving up.
We get into the practical strategy for anyone who wants to start in real estate but has no money, no land, and no connections. We unpack why the very first step is to understand where you currently are in your life, why if you have access to relationships you must leverage them without pride or arrogance, and why if you don't have access you need to adjust your seatbelt and do it the right way by building your social media.
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🎙️ ABOUT THE HOST
Derrick Abaitey is a Ghanaian entrepreneur, podcast host, and personal development advocate.
IG: https://www.instagram.com/derrick.abaitey