When things are looking down, learn to look up!

June 4, 2024

When things look down, learn to look up

This isn't your standard Real Estate content from me. Yes, I'll use Real Estate as the subject and method of delivery, however this is a mindset post...


In 2017, I left my job doing inside sales at a great company with a not so great manager. Over the years, I've come to appreciate what he did, because he was a great inspiration for me to go into business for myself full time. I harbor no ill will towards him, we all have our roles to play.


It wasn't an overnight decision. See, when I started with that company, the manager at the time was absolutely amazing. He focused on helping the team he managed, creating an amazing environment where the employees were able to grow fully into their roles. I knew that I had found a company that I could take into my retirement age.


Then... something changed. That manager took a promotion and brought in the new person. The funny thing is, I remember our other sales people being so hesitant and afraid of the change, and I sat back and said "We don't even know this guy yet, he could be the coolest thing since the other side of the pillow". And then I was reminded that the universe has a sense of humor. He was not the coolest thing since the other side of the pillow. His personality was something akin to the sand that gets in your bathing suit at the beach and just makes you feel gritty on the car ride home.


Back to the point, this guy may have been a great person, he sucked as a manager. That led to me deciding the company was not going to be where I stayed until retirement, and I had been investing in Real Estate for a couple years at this point. I decided that I was going to get my Realtor license and go to work for myself.


Months after getting licensed, I had built up enough clients where I felt comfortable stepping away from the security of a W-2 job, and that's what I did. I left and went to work, selling 23 properties from June of 2017 through the end of the year. The following year started out well also, then business slowed down... Then it slowed down some more... Next thing you know, I'm the Realtor going to the office, drinking coffee and talking because, what else is there to do? Nobody was buying houses with me. It got to the point where in the fall of 2018, my wife Catherine told me that if things didn't pick up and quick, I was going to have to get a J-O-B... Let me tell you one thing; the taste of freedom that I had over the past year ruined my ambitions for being an employee with no autonomy.


Things were looking down... Yet, there was a fire that got ignited in that conversation. I decided that I'd rather work 60, or even 80 hours a week for myself over 40 hours a week for someone else, and needing to get permission to take time for appointments etc, or squeezing errands into a lunch break. So, I renewed that drive and started pushing myself out of my comfort zone. I started focusing on my lead generation again because one of my dear friends Matt said to me "You'll never have a financial problem that lead generation can't fix".


Spoiler alert... He was correct! I went on to still close over 40 deals that year, and every year after averaged over 60 sales. For reference, most Realtors sell between 4 to 6 homes a year.


While your battles may not be related to sales in Real Estate, I want you to understand a defeated mindset will never give you a winning life. You must find a way to look up when things look down. When things are extremely difficult for you, look around and take stock of where you are.


  • Do you have a group of people around you that truly want you to do well and excel? If not, then change the group of people around you.
  • Find things every day to be grateful for as you start your day, and keep them in mind as you go through your day. This will help to keep you in a positive space.
  • Hydrate (with water).
  • Move around - it helps you to get the energy out rather than building up pent up anxiety.
  • Check in with yourself regularly to maintain a good headspace.
  • Reach out for help from others you trust.
  • Lastly, just keep swimming. (Ok, thanks to Finding Nemo on that one)


Ya'll take care!


- Lee

By Lee Nugent May 20, 2024
Get ready to be inspired! From starting with just $6,000 in 2015 to building a diverse portfolio spanning property rentals, flipping, wholesaling, and private lending, we learn the experiences, insights, and strategies that you can use today. Lee Nugent takes a very candid approach to investing and works to demystify various aspects of Real Estate Investing. You’ll Learn How to go from a W-2 employee to a successful real estate investor How to go from a real estate investor to a private lender The mindset needed to gain passive income Lightbulb moments that changed his trajectory in business Strategies on financing with very little money
By Lee Nugent March 9, 2024
In this episode we meet Lee Nugent, Real Estate investor who had a very interesting journey getting to where he is now. Lee Nugent began investing in 2015 with $6,000.00. In that time, he has grown a portfolio of properties and businesses that include: • Launching a fund to expand his lending business • Private Money Lending • Long term rentals • Short term rentals • Licensed Realtor in Louisiana and Florida • House Flipping • Wholesaling properties that he doesn’t keep for himself • Coaching/consulting to investors and small business owners. Listen to the Podcast here: https://reluctanthero.podbean.com/e/your-past-does-not-define-your-future To learn more about Lee visit www.REwithLee.com. To learn more about Pauline visit www.ArtDiversion.com
By Lee Nugent March 7, 2024
In this episode of the Abundant Journey Podcast, your hosts, Nick James and Nick Aufenkamp, delve into the transformative world of real estate investment, entrepreneurial resilience, and lifestyle design with the dynamic Lee Nugent. From humble beginnings on the rugged paths of rural America to establishing a formidable presence in the real estate market, Lee unfolds the blueprint of leveraging real estate for financial prosperity, personal freedom, and profound societal impact. Listen to Podcast >>> here
By Lee Nugent February 17, 2024
In today's episode I talk with one of the most amazing action-packed people I have ever met: Lee Nugent. Started as an employee, bought some single family homes, self-managed his real estate, and is now a lender, coach and author! Along the way, he ran into "Ole' Drunk Patty", and had a murder occur at one of his properties. Learn with me today on how to educate and continuing leveling up with Lee Nugent!
By Lee Nugent January 15, 2024
An analysis of current trends shaping the real estate market and highlight promising investment opportunities in the coming year. A discussions of location trends, property types, and demographic shifts.
By Lee Nugent December 15, 2023
Insights and tips for individuals who are new to real estate investment, covering topics such as market analysis, property selection, and the basics of financing.
By Lee Nugent November 16, 2023
Host Chaz Wolfe and Lee discuss what it really takes to break through to owning your own business, how to be genuine to who you are, and how to keep a healthy relationship with your spouse while navigating the highs and lows of entrepreneurship. 
By Lee Nugent November 15, 2023
Recent economic trends suggest potential improvement in home construction conditions in the upcoming months. For instance, the 10-year Treasury rate, a critical factor in determining mortgage rates, has shown signs of decreasing.
By Lee Nugent October 15, 2023
Explore how technology is transforming the real estate investment landscape. Discuss the rise of Proptech, the use of data analytics in property evaluation, and other technological advancements influencing investment decisions.
By Lee Nugent September 5, 2023
In todays episode with Lee Nugent we are going to discuss different deals we're working on and negotiation tactics that will help you land more deals in Real Estate. 
More Posts