April 19, 2022

From Financial, Marital, and Health Struggles to Real Estate and Note Investing Success with Chris Seveney

Chris Seveney has certainly had his share of challenges in life. Many people familiar with Chris marvel at how he is able to get so much done. Something that is often overlooked is WHY he gets so much done. Listen in as Jamie Bateman uncovers some of the...

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From Adversity to Abundance Podcast

Chris Seveney has certainly had his share of challenges in life. Many people familiar with Chris marvel at how he is able to get so much done. Something that is often overlooked is WHY he gets so much done. Listen in as Jamie Bateman uncovers some of the adversity Chris has faced in life, including job loss, divorce, debt, and health scares. Learn how this adversity helped Chris define his purpose and outlook, and contributed to his impressive rise in both his personal and his professional life.

Chris is now a thriving, driven professional, entrepreneur, and investor. He also maintains an abundant family life. Chris's recovery from his struggles earlier in life is nothing short of remarkable. Join us to be inspired!

https://labradorlending.com/

Transcript

Speaker 1

00:00

 On this episode of the form adversity, to abundance podcast. I get the privilege of sitting down with my colleague business, partner, and friend, Chris 70, Chris and I have grown pretty close in the last couple of years, he's been a mentor to me and the note space for about four years. Now is divorce we dive into some Financial hardships. We dive into some challenges with his health and also with his previous Nice job. So, which I think, you know, a lot of you out there can probably relate to at least one of those things. So, the way he's handled this adversity is pretty incredible. One of his good friends, who I met a few weeks ago, who knew his known Chris since college, has just been incredibly Blown Away by Chris's turn around. And, so I know a lot of us in the mortgage note space kind of Follow Chris and you know appreciate his work ethic and the Amount of success. He's had in the last few years specifically, but we don't really know too much about, you know why what you know what, he's overcome to get where he is and I think that human element is really what this podcast is focused on. And we this episode in particular, Dives a great deal into Chris's adversity and how now he's using that adversity to live a life of abundance. Dance, hope you get as much out of it as I did enjoy. Inspiring stories of real people. Overcoming incredible odds to live life to the fullest. We are.

Speaker 2

01:42

 All guaranteed to face. Hardships, how will we handle the adversity? Join us to be moved by every day.

Speaker 1

01:48

 People who have turned poverty and prosperity, and weakness into wealth Be Inspired as these relatable Heroes, get.

Speaker 2

01:55

 Vulnerable and former counterintelligence.

Speaker 1

01:58

 Investigator Jamie Bateman puts his interviewing skills to the test. Restore your faith in humanity As you experience, true. Cinderella's stories of average people turning surreal struggle and deep despair into booming, businesses and financial Fortune. Take ownership of the life. You are destined to live and turn your adversity into abundance. Welcome everybody. To another episode of the form adversity to abundance podcast. I am joined. I am Jamie Bateman. And today I am joined by a special guest, Chris 70. Chris, how are you doing today?

Speaker 2

02:44

 I am doing wonderful. Jamie, how are you today?

Speaker 1

02:47

 Doing very well? Yeah, this is going to be fun. This is going to be pretty interesting for those who don't know, Chris and I are business partners and partners on a podcast together. The Chris started the Good Deeds note investing podcast, so we know each other quite well.

Speaker 2

03:06

 We have even met once and.

Speaker 1

03:08

 We are leaving that once the last within the last three weeks, I think the card for.

Speaker 2

03:14

 Years. But finally met.

Speaker 1

03:16

 I told somebody I look forward to meeting Chris again in 2026, but we have worked very closely together in the last couple years, for sure. But you know, I am excited. I was excited to have you on Chris because I know you know, you have gone through Some personal adversity and things were going to get into, but in a lot of ways you turned it around. And I mean so many people look up to you in the note investing space and real estate investing space because of your success. So excited to have you on. I am going to have to pretend, I don't know certain things and you know, because I know our audience, not everybody knows everything about you, but I am excited to have you. So, thanks for joining me.

Speaker 2

03:56

 Thank you. Are you excited? Or are you nervous about what I am going to say? You never know what? Chris is going to say. This.

Speaker 1

04:01

 Is true so we will see where this goes. It should be a lot of fun. So for Their audience who's on, who are unfamiliar with you walk us through kind of just because give us a snapshot of who you are today with your you know, your occupation and what's going on today.

Speaker 2

04:18

 Sure. So today I work for a real estate developer in the Washington DC area. I have worked there for about six years. I have been in real estate for little over 25 years and Also, over the last decade, I have really started to build my personal portfolio with in real estate because that's what I know. That's what I am good at and I fall, I think I am good at, I am a father with an awesome wife and two, lovely children who are awesome as well in my spare time which is very limited. I do enjoy things that are probably sports-related either watching sports or doing something in team group activities.

Speaker 1

04:59

 Well, I think one of the challenges with this episode is you're going to constantly downplay your accomplishments, but I can tell you and the listeners out there that you know, yes there are other people who have done more in the note space, for example, then you have of course, but in the short amount of time, you have been in mortgage, note investing you have just blown up and you have managed, what, five, five or six note funds and probably purchase 500 notes and doing Well in the space for sure. So yeah. I think I am gonna have to fill in some gaps there.

Speaker 2

05:35

 Oh yeah. I mean, I am not here to brag or anything, right? Yes, we bought. Probably over about 500 assets over the last five years. I think a lot of that comes to just being taking advantage of opportunities. But also being open honest, transparent with people and letting them know what goes on. And I think once you do that you build a relationship with people that can grow in Allows you to grow your.

Speaker 1

06:00

 Business. Well, I know a lot of the people who do know you in the space. One of the questions that often comes up is how, how do you do all this? And I know you did a webinar because your prodded to do a webinar maybe a year and a half ago or something on kind of how you go through your day or your week because you do have a full-time job but somehow you managed to do very well outside of that as well. So we have covered that, you know, somewhat but I think something that people don't get a lot as why And, so I want to get into your backstory and kind of your why do you pursue these, you know, the businesses and investing. So walk us through your back story if you.

Speaker 2

06:40

 Would. Yeah, so my story, I will start with 2008 and really the real estate crash. I was working for a, I left a company I work for 10 years in 2007 because I was just burnt out. And I just needed to slow down a little bit and I went to go work for a smaller local developer, who was actually based in Washington DC, and they also were out of Texas, and they need somebody to come in and run counter. Their multifamily Department, which I came on board, and I was there for about a year and then, you know, Layman Brothers happened and everything else happened in a lot of their money was coming from, I believe, from Wayne Manor, from one of those firms. A week after Layman. I walk I get there I am usually I literally live like a mile from the office, and I was I go to the gym in the morning and then I would go into the office and I went to go to gym and I seen all the executive cars here that day. I am like you know that was a lot. So I go to gym and the cars are there, nobody's there? When I get to the office in Saigon 08 8:30 in the morning and also in around 9:00 my boss comes in and hands me a letter closes my door. Says, just so you know about 90% of the office is getting laid off today. The company shutting down, you have got an existing project you're working on, and we right now this is a letter. Basically, it says your employment still thanks and end of November and it was on October 1st. And I basically had like seven days to review and sign off on the letter. And if I didn't, then basically didn't have a job. So I am like, oh yeah, I am like, oh boy. And like it this time. You know, 2007. So I was what 32 ish years old and, you know, I never had to like, get a personal attorney involved or anything like this. So it's kind of like, you know, you're shaking your freaking out and so forth. So I kind of review it, you know, basically nobody that they got anything done, who are still left and basically get an attorney review it. And I basically, I kind of got a sign the letter, so I signed it which would give me employment till at Thanksgiving time frame. About two weeks after that happens. I was calling my old company, and I was going talking to them about opportunities and have any in the Boston area, but they had some in d.c. In California. And, you know, my wife of time we're talking about it and also, I am she basically looks me. She's like, yeah, I can't do this anymore like why me to can't do this anymore? She's like yeah the whole marriage thing, you know, basically she wanted a divorce, so I am like whom? This is a fun lunch. This was within two or three weeks, he said, yeah, I don't remember the Zach time frame actually went and pulled out the letter a week ago that I still have and then on our divorce paperwork, you know, it said sometime in October of 2008 is when, you know, you have to put in a date when things started kind of happening because in Massachusetts, there's we don't have kids. Thankfully, there's a six-month window that you kind of have to wait. So it was basically that component, so I am like, wow.

Speaker 1

09:54

 Just quit. It was that were those related at all? I mean, or was it just time? In other words.

Speaker 2

09:58

 That was timing. I think that kind of There is, yeah, it was more timing than anything. I think that kind of broke the camera. You know, the straw that broke the camel's back. I think, sure. But you don't help, I guess. Yeah. Things were not, you know, all, you know, sunshine and rainbows and elif, unicorns.

Speaker 1

10:19

 Whatever it is. And how long have you been married for just curious?

Speaker 2

10:26

 Almost seven years. Okay, so, yeah, Seven Year.

Speaker 1

10:29

 Itch. Yeah, well, yeah. You know, we were talking before about, you know, I with this show, I don't want necessarily want to get into, you know, comparing levels of adversity, but it's almost unavoidable, but the end of the day I mean, that's some serious adversity that you are facing within one.

Speaker 2

10:47

 Month. Yeah, and I kind of look back I mentioned this before we came on line. You know, I look a versity like my grandfather who lost his son in Vietnam. And then a few years later, his wife got ill with Ms. Won't, you know, lost the ability to walk and Eventually succumb to it, you know, within a decade. So you know, within basically 10 years, he lost his son, his wife. So that's me in overcoming that's more adversity than hey. Look, I can get a job, I can get another, you know, spouse which I did both so and you know how I move. Jamie, I am a pretty.

Speaker 1

11:19

 Good. Yes you did.

Speaker 2

11:21

 So. So I literally got a job originally. It was I was going to come to Cal it go to California, because they, there's a project that It was a really awesome project that was. Let us just say a very famous professional football player and is very famous. Wife were building a house in La that ended up not getting built, but that was possibly where I was going to go to. But instead, I ended up going down to DC and literally on like November 30th or December first. I packed everything I had into my car and drove down to DC. And the only thing I left over my two dogs that I come back and get once I found housing.

Speaker 1

12:02

 I mean so B, it sounds like certainly with the employment. You didn't have much of a choice as far as the job ending. And then you know it sounds like you didn't have a whole lot of choice on either front as far as kind of fixing or changing things that were happening to you. But what I want to know is like, what was your, what was your mindset at that point?

Speaker 2

12:23

 Very anxious. I did have an opportunity to stay up in the Boston area for another company, but I was more comfortable going back to my old. Old company even though it was in another region and to me it was like a fresh start, you know, basically everything that I just gone on getting away in probably running a little, you know, part of me is probably like as running away possibly from everything was probably the benefit because, you know if I had to go, like I said, face my parents and stuff like that and my sisters, you know, I am not as nervous about their reaction because I viewed it as a major failure and I hate the fail. So, Part of me thinks that it was almost like I was running away from my problems come and going down to the DC area and now that I look back and reflect on it, that's I think what I was.

Speaker 1

13:11

 doing interesting. Yeah I can't imagine having thankfully. I haven't had to deal with either thing but okay so you were looking at different job opportunities and you wanted to relocate. It sounds like yeah.

Speaker 2

13:26

 So and literally, like I said, I just packed everything. My car drove down to DC area. Area and was like, Hey, you know, fresh start, and that's what I did to found a place to rent after about a month or two after the new year. And then went back up the Massachusetts, got our dogs because in our divorce agreement, you know, I got possessed by God custody of the dogs, but one of the things I will just mention that I think was the benefit was like, I still get along with my ex-wife today and there was, of course, some rocky times during that divorce, but it actually was pretty Smooth sailing to resolve everything, and we came up there. Just one resolution at that time instead of dragging things on for years and so forth. So I think we're both very fair when it came to resolving things, which I got to give her credit for being fair in that.

Speaker 1

14:16

 Aspect. That's good. I mean and then the other one other thing you mentioned before we hit record was your financial situation at the time. Oh.

Speaker 2

14:26

 Yeah. She likes about money. You know, we had Lexi. I mean, we had a Porsche Cayenne was one of our vehicles. I think the other one was an Audi TT at the time. You know, we had a house, she would go out a lot with her sister, whose husband was very well off. So, I think she was trying to live up to that. I walked out of it. Probably about 250 thousand in debt, isn't be my guess. All said and.

Speaker 1

14:58

 Done. Yeah. I mean, I don't, I don't mean to, you know, focus on the adversity too much, but it's, I mean, it was very real and that's, those are three major things that you face.

Speaker 2

15:08

 Mean, I had a very good paying job, so, that was, I knew I would eventually recover just, it was a matter of how much time and kind of I just or down and focused on, you know, you know again, how do you know, elephant, one bite at a time? And just kept plugging away. So.

Speaker 1

15:26

 Let me know. I could tell you from working with you and you know, when I first got into the note space you know you were mentored of mine. Not saying you're not anymore but you know one of the things about you is you are very optimistic. I am sure you're not always optimistic 24/7, but you always know there's a way to get out of a bad situation or you know, and it's just your creative and figure out a way to make it work. So.

Speaker 2

15:53

 Any ideas out there? Yeah, I used to be extremely pessimistic. And my wife has been the one who's really turned me around, from a maturity level of being very immature back in the day, being a positive thinker and just, you know, thinking about the positive thoughts, because negative thoughts brings more stress and it doesn't benefit you. It doesn't allow you to grow. Or if you think the positive thoughts, you know, you still need — understand what — things can happen, but when you look at the positive thoughts, it actually I think Powers you to do. More. That's.

Speaker 1

16:29

 Definitely powerful. And I have seen that play out. So and now just the quick, you know, from you got the new, the new job in DC and then take us through.

Speaker 2

16:40

 Today. Yeah. So and you know that my wife and got remarried in 2010 at the time she had a wonderful six-year-old daughter, and then we end up having a child in 2011 and 2012. We built We bought property to build a house and that was to me, one of the major accomplishments of my life because I always wanted to build my primary residence, and we were able to accomplish that and it was something that again I look back. This day is one of the major milestones in my life about a year later, I woke up. We're on vacation in New Jersey, in a bunch of guys, don't college with bows all families, and I was just really stressed and driving home. I wasn't feeling well and I broke into having a lot of chests, pain and a fever and everything like that. So we end up going to e.r. And lot like at something just didn't feel right, but they couldn't figure out what was wrong. This was on like a Friday night. We actually left vacation early. And then that Monday morning I may have been Sunday knows, Sunday, or Monday morning. I woke up and my hands and feet were completely you know, you know how like sometimes if Sleep on your arm and just doesn't work. It wasn't that though it was like, I looked at them and I couldn't feel them and kind of they were like shaking a little bit, but I couldn't feel them. So I looked at my wife, I said this ain't good, and she's like, what? I am like, I literally can't use my hands or feet. It's like I, yeah, so we go to the hospital and, you know, I was in hospital for probably a week going through just batteries and batteries of tests and it ended up being something called transverse mode. Lightest, which is like a one-off episode of Ms. And a lot of times, it potentially could lead to Ms, and they were checking me in one, always, a check for a mess, has a brain scan to see if you have something going on your brain. Had none of that, but I did have some serious inflammation in my spinal fluid spinal taps. By the way, not fun. If you have never had one, don't recommend them. So when you have the epidurals to give birth, yeah, even more correctly.

Speaker 1

18:57

 Yeah, joke with my wife, I have had more epidurals than she has. But so and you were about what 35 at this.

Speaker 2

19:06

 Point.

Speaker 1

19:08

 13:38. Okay. Yep.

Speaker 2

19:10

 I was right around.

Speaker 1

19:11

 Young. I mean yeah.

Speaker 2

19:13

 No. Yeah. And you know looking at it's like so that kind of clicked in my head of had me thinking you know if I were to ever get sick now what and then I was looking at like what long term disability and how much a Cost, I am like damn that is expensive. So I am like, okay, I got to kind of get my s*** together and figure out what I am going to do in my boss at the time. Also, had bought, so he and rentals in San Diego, and he was kind of in my ear like you gotta get real estate on your own, you know, you're not going to retire doing what you're doing. So, you know, our house had a good amount of equity in it. So we took some Equity out and started doing some buy-and-hold rentals, but we were doing the Bigger Pockets burst strategy. So, we did two of those. Where we bought properties cash renovated. Then got all our money back out their cash flowing. So we did that twice. But after the second time, we my wife looks at me and says okay, like our sun at the time is 3 years old. It's like, you know, there's a lot of work. It's yeah, it's just a lot of work on the weekends and our daughter and stuff so basically kind of quit doing that, but I was still champing at the bit for what else I could do. And then I found note investing in microsecond I could Do this anywhere at any time and if something were to ever happen to me where I lost any part of any functioning from, you know, you know, Mobility or something. Like, I don't need any of this. So, I could do this from anywhere. So, I am like, you know. Awesome.

Speaker 1

20:44

 Yeah, that's you. And I talked a lot about, you know what the gurus say versus reality, but that's one that definitely is true. You, it's location, independent, being a note investor and then it's not physically active. So in that sense, it's passive for sure. So then I mean you know, that was what five six years ago you started down that note Space six hours ago.

Speaker 2

21:08

 2016, I started and it was the spring of 2016 and I spent about six months getting involved in all the due diligence and research and understanding and then late 2016, I pulled the trigger on like for assets and started, you know, you know, wanted to start growing my business. Then I started using my own money, then early, 2017, my father had been sick for many years and unfortunately, he ended up passing away in early 2017, so that took me a little bit to, you know, help with you know, my mother, the estate and so forth. So I take a few months off and then that summer, again, I had another incident with my hands again. So I was back in the hospital again for that and it wasn't Now they couldn't figure out what it was until basically, I will fast-forward to 2019 in a minute of what I end up. Figuring out what I had. But, so I spent 2017 kind of in, and out a little bit of the note space, and, but I still slowly gearing up to start buying and, you know, from that perspective, I was making money, but every single dollar I made. I was reinvesting into my business, which eventually paid off in 2018 when I might, certainly draft some documents for fun that were sitting on the sidelines and lo and behold an opportunity came up to purchase close to a million dollars in assets, which I had the documents ready to go. So we pulled the trigger and it a fund at that point in time and that really was probably the major thing that kind of launched my note investing and was one of those things where it was like Even have time to think it was just like I am just doing this in go, and I was confident. I could do it. But is still looking back. It's still very scares me. Yeah. And you raised a.

Speaker 1

22:58

 Good amount of money quickly. I think right. We raised.

Speaker 2

23:02

 Nine hundred grand in a week through myself and Gail Greenberg. It's a time. Was helping me. Yep.

Speaker 1

23:08

 She's my partner then. Yeah. And you and I joke like you just always wing it but that's really not true. It's like the reason you were able to wing it or react so quickly. Was because you were prepared, you know, with your fun documents. So you're not always flying by the seat of your.

Speaker 2

23:25

 Pants. Now, it seems that way, but it's always, you know, had this conversation when someone recently that I have been planning certain things for periods of time and now have a casual conversation, sometimes engage people's interest in things. But again, I am not opening up my entire Playbook. I will basically kind of, you know, open up the, you know, the intro to it kind of gauge sometimes people's They think, oh, I am winging it. And I am like, well, if you actually saw the entire Playbook, you know, we have got the entire game plan scripted for, you know, every single defense that the coordinate is going to be thrown at us.

Speaker 1

23:59

 Well that's the thing and you can't control the markets in conditions and what happens do you obviously? Listen to your story. It's not like you, you know, predicted those things to happen. But you always, you're prepared and have a way of figuring things out. So then obviously in the last since 2016. Well since that fund started 2018 right you have really kind of ratcheted it up even more. Now you and I run a fun together, and we started we invested in a Servicing Company and I know you have plans for the future as well. So you're just on a still in a much very much in a growth pattern I would say or growth phase at least looking from the outside that fair to say.

Speaker 2

24:44

 It's very fair to say And one of the things that I struggled with a lot, as, you know, over the last five years is because of being, I will say burned, you know, when you have a someone, you trust, like a spouse and kind of burn you, you know, it does sometimes cause you have trust issues. Just, you know, I am human, it's real and so forth, you know, and I have had issues in the past where I have had some good friends, you know, I have lost trust in them for certain things out of occurred, so a lot of my business. This is always been, I have gone at it alone. Now, I spent considerable money on software to assist in managing and automating as much as possible, but it was very difficult for me to bring on, you know, individuals like, you know, you and I, of course, we partner in a fund and also invested in certain things, but that's kind of, that's more of a business relationship. We're considering more of like an employee type, you know, relationship component in. Yeah. Finally, it took me till Screw, you know, pretty much, you know, this past month. Before I finally consider bringing somebody on full-time, you know, I have had people kind of do some part-time stuff but every finally realizes, if I need to grow, I kind of got to start putting trust in other people again as well from that.

Speaker 1

26:01

 Perspective. No, that's really interesting when we did add imn. I was on a panel about what do you Outsource versus? What do you bring? In-house? And but we didn't get into the human element of No, that so that's really interesting. So what are some of the takeaways you would say that you have taken from your adversity that you have applied through to the rest of your life?

Speaker 2

26:27

 No, definitely. The positive thinking I am the type of person that, while if something — does happen, it's still in. Kind of the rearview mirror that, but I use that to drive me, not to go back to it. Bring me down. I used the values it to propel me. If I think is one of the major things, you know you almost use it like a chip on my shoulder a little bit to really push me. I think that is one of the things that a lot of people struggle with is, you know, when they get down they kind of get in a rut and for me, having kind of, you know, several scares of health issues, you know, between 2013 and then in 2019, you know I basically was Having you know, some more challenges where I went, and they did a some, some hip pain, and they did an ultrasound and like, something's wrong with your liver and I go for an MRI. And the guys over here for him, like, oh, someone my livers, like yeah, there's a mass on your liver, and I am like, hello. Nobody told me that, of course he was wrong. It wasn't he wasn't. Even that was they're reviewing by end up finding out. I have a hereditary issue with my body doesn't get rid of iron and my liver had too much iron in it and that was actually part of what was called. Using a lot of my issues from previous thankfully knock on wood. It's something that is manageable under control and I should not live a normal healthy life now but now, when somebody tells you something like that, it still freaks you out. And having seeing some health issues of family or other people. Once you have kind of one of those scares, it really opens your eyes. I think to be not a cowboy but no not ultra-conservative of always taking the easy way out on things. It's like hey look I want to be the best person I am because I realized I am only here for a certain amount of time. And hey while I am here I am going to make the most of it and I found the same time.

Speaker 1

28:28

 Yeah and you and I have talked about this before and it's just, you know, as far as Yeah, you probably don't care as much what people think of you since you have had those Health scares. And I don't mean that like you don't care what anyone thinks about you. But of course we all care and you should write, but you're not going to please everybody. And like you said you only live once so make the most of it. I mean anything to add there.

Speaker 2

28:51

 Yeah. It's you can't worry about what other people think about. You got to create it. You're you know, you want to have an inner circle, you want to surround yourself with people who are going to be positive and also people who can Push you, you know, there's that saying that you're the average of like the five people you hang around with and so forth. Yeah, I know there's some people who I have upset or in you know, I have probably said things that upset people that, you know, you know, the time probably did it mean or may have been misconstrued from that perspective. But again, you can't please everybody. And for me, you know, I will just, you know, I will say put my blinders on tunnel vision and focus on my plan and if people want to come along for the ride, great. But, you know if you're going to be a hater on something great and all its going to do is actually drive me, you know, give me even more desire to.

Speaker 1

29:41

 Succeed. Yeah, I mean, it's yeah, you're not going to have a lot of regrets. I mean, I don't know, but, you know, I like I love the approach because I know, you know.

Speaker 2

29:55

 It's, it's one of the things that, you know, again a lot of this goes back to my wife because of, you know, she's thousand times smarter than I am. But also just to her emotional intelligence on, you know if you just spent all your time, regretting, everything you can never move forward, you can never grow, you know, It's all about living learning and moving on. And again everybody in this world has some adversity. Life is hard. We have a daughter who's you know I am going to be going to college and now that's what we said was that life isn't easy life is hard but you got to make the most of it and just understand surround yourself with people who can support you like family and your friends. And they will be there for those times when it truly gets hard, but nothing in life is.

Speaker 1

30:41

 Easy. That's really good. As we start to wrap up here, I am going to fire off a few rapid fire questions.

Speaker 2

30:50

 Are you ready for this?

Speaker 1

30:54

 I just know. It can be.

Speaker 2

30:55

 Edited.

Speaker 1

30:58

 All right, if you could have coffee with any historical figure, who would you choose?

Speaker 2

31:04

 I would.

Speaker 1

31:04

 Say.

Speaker 2

31:09

 Probably Abraham Lincoln.

Speaker 1

31:10

 Okay, it's a good one.

Speaker 2

31:12

 So, and if you want to my reason why, because now why is, you know, I was compared him and Washington where Washington created something, you know, basically what linking took, what the country had created and really made it, you know, expanded it significantly. It's when things were, I am probably not the individual who can come up with something That is a brand-new idea, but I come up with some ideas that are spin-offs of things that have tried to improve things. So, that's kind of where I kind of fit myself in again, I am not comparing myself in any way, shape, or form that Abraham Lincoln. But, you know, from that methodical standpoint of, you know, I can take stuff and I think improve it from versus starting something being creative to start from scratch.

Speaker 1

31:57

 If you were given 10 million dollars tomorrow, what would you do with it?

Speaker 2

32:02

 A million who from besides invested notes. Now I can be an answer. That's actually, honestly, I would invest, you know, component of it and also look to spin that off and this is a conversation. I had somebody recently is about taking, you know, additional profits from companies and so forth and working on some type of nonprofit for and housing, and in the housing sector of some good way, shape or.

Speaker 1

32:28

 Form. Nice. If you had to be eaten one meal, choose one meals, eat for the rest of your life. What would it be.

Speaker 2

32:36

 Does? Well, steak, but that would kill me because of the iron. I love ice cream as well. And my wife and mother and make this Uzbek dish called plaaf, which is like, rice checking that the word. Yeah. Yeah. It is awesome. So I could eat that as well.

Speaker 1

32:57

 But have to get you on the mat for this podcast. Ice cream with investors. Yes. So.

Speaker 2

33:02

 Chocolate chip or cookies and cream? Okay, to never meant do not, you know, mint chocolate chip is a sin. Yeah, you know like.

Speaker 1

33:14

 What is a book or two you'd recommend for my audience? I know you have a list, even what you're trying to get to 100 this year.

Speaker 2

33:23

 60 this year, what you? So many good books lately that I have been reading. Now, one of them that I thought was unique was a book recently that was called The Power of when and reason I really like this book was it's all about each person had welled different you know and it really is for guy who's a sleep specialist. But you know, are you a morning person afternoon person or the type of person in how to maximize your output throughout the day based off of your chronotype? I think is what they're called and you know most in it was interesting because I am a lie, and I am an early-morning Riser and like a very productive in the morning but a lot of people who are like us like the work out early in the morning, and he's like that's the worst thing you can do because you should work out in the afternoon and that will give you that second win to finish off the Today because in the afternoon were slow. But the interesting thing is, when you read the book is like, he's like, this is what you do in this is what you should be doing. But when it's like, this is what you do. I am like, how does this guy like know who I am? It's kind of like, you know, Palm Reader like, you know, how do you get up early? You eat quickly, you know, you don't spend time with your family, you want to get up, go to work, and get your work started, and I will be looking around behind your shoulder or something. Yeah, I am like, yeah. I am like, okay. Phone. Yeah. How's this guy? Listen to me? Yeah. So the book was called The Power of when that's one of the ones. I recently read that I thought was very you know and it's not a you know investing book or anything like that. It's really about self, awareness of yourself and how to better.

Speaker 1

35:06

 Yourself. Nice. I like it. What's a question? You wish I would ask but I didn't. I didn't ask.

Speaker 2

35:15

 Whoo question. I wish you asked but didn't ask was my biggest.

Speaker 1

35:20

 Failure. Yeah. What was your biggest.

Speaker 2

35:22

 Failure? So actually, this is time comical because this still grinds me to this day when I was in fifth grade going all the way back. My father was coach JV Basketball. So I used to practice with the high school kids when I was in like fifth grade, and we were playing in like my fifth grade league and our team was undefeated, I led the league in scoring all this and that and I choked in the championship game. Before the game I made like 15 free throws in a row. Just practicing before the game in the game. I couldn't hit one for the life of me. We lost by two. I screwed up the inbounds pass at the end of the game, and my neighbor was on the other team. In my neighbor had never beat me in anything. This is like, the first time he'd beat me his well and actually, he's a it's funny because he's a writer now, for ESPN. Oh well yeah, Peter same. Oh, and so forth, so I still look back, and I am like that grinds me so much. I am sorry, it was sixth grade that fifth grade that sixth grade. Thank you for correcting. Yeah, it was, it just really drove me and seventh, and eighth grade. We did one Championship but it's like, I don't remember those. I only remember the sixth grade and kind of you know it's one of those things where I just felt like I let everybody down because you know it's just one of those things I just grinds me. Yeah I remember that you know to the day of God 140. Yeah let us see. That was probably what, where do you live in sixth? Grade roughly.

Speaker 1

36:56

 Simply 11 and 12 years, 35 years.

Speaker 2

36:59

 Ago. I remember more vividly than, you know, my divorce story.

Speaker 1

37:02

 So no, I mean, I get it being a former athlete myself still, I think we have talked I am still not over certain losses and things but no, yeah, it's I never will be so but you know.

Speaker 2

37:17

 That's fine. And again, people go through a lot worse things in life. Full. Yeah. But it's, you know, what is the things that? You know, drive people would be better, it could be, it's very when you look back at what drives a lot of people. It's things that for other people are very inconsequential in reality. It's things that are really in individualistic in that sense.

Speaker 1

37:38

 Yeah. I mean it's like, you know, go watch the Last Dance, we have talked about my Jordan, you know he would who would almost create not almost, he would create stories that would motivate him and.

Speaker 2

37:49

 Robbed inspired nail do Brady. You know, do you know the one that I laugh? If that the other day was the Larry Bird, quote, someone popped up when I post a ourselves. Yeah, Craig Hodges made some comment about Larry Bird and Three-Point Contest things, like, you know where to find me. Birds comment, was yet the end of the Bulls bench or something. It's like, so.

Speaker 1

38:11

 I think a lot of successful people have, you know, come from Sports and I love the, there's a ton of life lessons you can learn from Sports and but just the competitive drive, you know, I think is huge. You so, is there anything else you want to cover? Where can our listeners reach out to? You.

Speaker 2

38:29

 Sure. They can reach out to me. My email is chris@chrisderose.com in the letter e Investments.com that is our investment company which is the number seven letter e7e Investments.com. I kind of shorten my last name a little bit there, put a little number in front of it. That's probably the best way to reach out to me. If you're interested in more about note investing, you can listen to the good. Ed's note, investing podcast as well.

Speaker 1

38:56

 And your website is 70 Investments.com. Yep. Okay. Now you have gotta you always have different fund offerings and you have got your, we have our Facebook group, and then you have got a membership group and things like that. So when one.

Speaker 2

39:13

 Of the things that I will mention too is as part of the known investing space and you do this as well Jamie is we like to give back, you know very few things I physically Charge with, I mean, I have membership group that, you know, I spend an hour a week with plus what people and stuff and has minimal cost of everything else for information. Now I give it away, you know, it's there's no hidden secrets in this space. I am not out there to make millions on all these training programs and so forth. I like to educate people just be better for themselves and try and grow their grow, their businesses.

Speaker 1

39:48

 Awesome. Well thank you sir. This is thanked you, sir. No I know this is going to be very popular episodes, you have added a ton of value. Like I said, it's something we haven't dived into too much as far as on are on the Good Deeds show, you know, your background and your y. So I think it's really motivating for the listeners and you know, everyone's got a story like you have definitely faced some serious adversity and now you're definitely living in an In abundance, so I appreciate you sharing your story.

Speaker 2

40:22

 Yeah. Thanks for having me on. And, you know, for people who have adversity, don't be embarrassed by it. You know. That was one of the things that I will my last little note is, you know, learn from it. Grow from it, but don't be embarrassed from it. Your friends and family or their support you.

Speaker 1

40:35

 That's awesome. Well, thanks everyone for listening, and please go out and give us a rating and review. We appreciate it and it helps others find the show and helps others benefit from people like Chris. Thanks so much for tuning in to this episode of the form.

Speaker 2

40:54

 Adversity to abundance podcast. If you're enjoying the show, please feel free to rate, subscribe and leave a review wherever you.

Speaker 1

41:02

 Listen to your podcast that helps others find the show, and we greatly appreciate it. Thanks again for listening, and we will catch you in the next episode.