YoungsterInc Live with Real Estate Guru Stewart Hsu - Part 4 (Final)
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Hello, welcome to the YoungsterInc Live. We will continue our interview with Stewart Hsu, an ex-Silicon Valley High Tech Pro turned Real Estate Entrepreneur.
Profile of Stewart Hsu: Born and raised in NY, Stewart attended university in the Mid-West, and moved to the San Francisco Bay Area in 1998. Three “start-ups” later, Stewart realized he could not depend on an IPO to create his wealth, so he committed to taking full responsibility for his own results. Since then, Stewart has invested in over 15 properties in 6 states over the last 3 and half years. His latest transaction is a 60-unit apartment building in Dallas, TX. Stewart has 3 passions in life 1) investing in real estate, 2) continuous personal development and 3) sharing his experiences and insights with people. Stewart’s working on sharing those ideas on his website www.stewarthsu.com to be launched May 2007, come check it out.
Interview Continues:
Youngster: You mentioned mentors earlier. Where do you find your mentors? For our shy youngsters here, how do you ask? Stewart: I used to be really shy. I was a bit of a geek/nerd in school, into video games, and not really into meeting lots of people. Since then, I’ve gotten past that fear and now really enjoy meeting and talking with people (also known as “networking”). It’s fun. I’m always looking to help people these days, and more often then not, when I need something, I can usually find support through my own network. For my mentors, I look for outstanding people that not only have achieved great success in their business life, but also their personal life. I want to learn from people who’ve learned how to live a well balance life. That’s what I want. I pay special attention to those relationships and nurture them.
After you pick an area you want to focus on, start asking people about their experience. For real estate, you could find potential mentors through local real estate investment clubs, real estate classes (e.g. community college), even online groups. Ask your parents if they know anyone, ask your friends parents, asking is the first step. If you do decide you want a mentor, be clear about what you’re looking for and honest with yourself how much time and dedication you will commit. Communicate your expectations to your mentor, and then be prepared to listen and incorporate the advice received. Be a good mentee, be coachable.
Youngster: I have to ask here. Would you be willing to become a mentor for our YoungstersInc readers?
I would love to. I have to limit it to just 2 or 3 people who are really serious about growing themselves as my time is limited. They can contact me at stewhsu@yahoo.com. The other option is to check out my website www.stewarthsu.com beginning in May 2007!
Youngster: Thank you so much for your time Stewart. Any last words or advices do you have for our YoungsterInc reader?
Stewart: a) Start, then never give up. There’s magic in getting started. People learn even more by doing, then by reading a book/blog. If you never give up, you can never fail. Failure isn’t falling down, it’s not getting back up. Boldness is rewarded.
b) Have positive role-models and “heros”. Study successful business people, try to understand their mindset as much possible, and absorb their ideas so they become your own. Warren Buffet is a great place to start. Know that life is one continuous journey of learning and growth. It never ends, and that’s where the joy of life comes from.
c) Ask questions. Don’t let what other people may think of you get in the way. The only opinion of you that matters is your own. Keep asking questions, and learn from every mistake. Every mistake is an opportunity to learn something. This statement will be true for your life “The quality of your life will be directly proportional to the quality of questions you ask internally to yourself, and externally to others.” Keep asking good questions.
Youngster: Thank you Stewart for your generous contribution.
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