Two years after graduating from college, at a company called Colour IV, I became the top producer of the sales team. Then, after two years at the catalogue printing plant Leigh Steck Warlick, I became the third top national salesman (out of a group of 254 salesmen).
While working my next job at the Graphic Response advertising agency, I hit the jackpot with a sale to Las Colinas, which was the largest multi-use office park in the United States. After working it over the next three years, I attained more leases and sales than in its fifteen-year history.
I was also a minority stock holder in a bank holding company and sat on its development board. Within two years we became the fastest-growing bank in our class. That experience – with the knowledge it gave me of installment lending — allowed me to form Improvement Financial Corporation. This became my first monopoly in the market, not because it COULD not be done but because it HAD not been done.
That company worked because banks were very unfamiliar with the home improvement industry and normally took up to 90 days to fund loans for backyard pools. I figured out how to get around that blockage by using my newly acquired installment loan knowledge to establish a set of criteria enabling pools to be rapidly financed. This established a new process which allowed swimming pool builders to sell a pool on Saturday and have the funds in their homeowners’ hands within a week.
On the real estate side, I leased — and sold — portfolios of homes. Throughout the late 1970s I accumulated a portfolio of 184 single family homes which I leased out. Around the end of the 1980s I “flipped” and sold 54 condos. I did the same thing with another batch of 36 condos in the early 2000s.
I also founded and ran US Fidelity Trust — which became the largest privately owned trust company in Texas.
Starting and building up all of these companies is something I have enjoyed, and they have led me to my current project, Retirement Rescue Advisors, which was inspired by my father.
Dad, who was much more concerned with the return OF his money than ON his money, was 86 years old in 2008. He had lost 40% of his retirement during the downturn of the market, although his investment advisor (who was not me, by the way) was supposed to have him in very safe investments. The stress of that loss monopolized his every conversation, and he never made it to his 87th birthday. I know the it contributed to his death, as he felt like he had failed his family.
This inspired me to look for an investment that could help people like my father. When I found Wealth Accumulation Resources, it was what I believed to be the answer. Its safety level is above average — as is its return. It pays monthly and has a feature of investment return that can preserve an inheritance.