Explore. Discover. Invest.
Finance , Investing , Personal Development

Why I Write The Explorer Report (It’s a pain in the butt…)

May 23, 2018
Cody
Cody
writing explorer report

It started off as a way to become disciplined. By writing down thoughts and ideas, you can quickly figure out if you’re on to something good… or if you’re just wasting your time.

Has that ever happened to you?

You find some new investment opportunity, like a great real estate deal or a stock with a great story, but once you start digging in you find out that it’s a piece of poop.

How do you find out if the investment your pursuing is legit?

Well, you have to do a lot of research. You have to find all of the information that you can, and then put it all together to figure out if you’ve found something worth pursuing. That takes a lot of work, especially if you are trying to do that in a consistent way.

That’s why I forced myself to start writing. I wanted to make sure that I was investing in great opportunities.

The truth is that I have made a lot of mistakes investing. And I can look back at each one of those mistakes and identify where they went wrong. Every single time it’s because I didn’t dig deep enough and I didn’t do enough research. Instead, I got wrapped up in some story that never came true.

So, as I started to write more, I realized that I started to make better decisions.

Fast forward a couple years… And some people started to take note of what I was up to. They became interested and wanted to participate in the investments that I was involved in.

At the same time, I was running into problems of my own. I realized that as an individual investor, it was very difficult to invest in something and have a significant impact on how the investment turned out. I wasn’t investing enough total money and I was just one person with limited influence.

Of course, in hindsight, this is an obvious problem that all investors run into. At a certain point, they must scale up their investments with the help of others in order to reach the next level. So, that is what I planned on.

In early 2017, I came up with the plan to launch the Explorer Partnership. The idea was that we would make an investing group that was out exploring for opportunities together, and profit together like a partnership.

The key thing that I wanted to make sure of, was that members of the group were spending money on investments, instead of membership fees.

So, we tried to figure out how we could make a group that was provided with quality investments, unique travel opportunities, and an infrastructure that allowed all members to stay connected and involved. That’s how we came up with the initial one-team entry fee, and then an ongoing fee.

This fee structure would ensure that only serious people were joining (the initial one-time entry fee) and they would be treated well once they were members (low ongoing fee).

We have reinvested those fees back into the group to build services and provide opportunities that will benefit the members the most. Furthermore, and I personally invest my own money in the same deals, at the same terms, as all Explorer Partnership members.

In less than a year, the Explorer Partnership has grown to well over 100 members with people from 27 different countries. That’s something that we are not only proud of, but very excited about. We know that we have some very exciting times ahead for us.

However, with growth of any type, there needs to be a strong foundation built to ensure future healthy upward movement. That’s why we will be releasing a variety of new perks for Explorer Partnership members over the coming months.

That’s also why the Explorer Report now looks different… we’re trying to provide all readers and members a better experience.

Now, chances are that you are not an Explorer Partnership member. There are thousands of people who are subscribed to my free Explorer Report… but just over 100 who are Explorer Partnership members.

But, that doesn’t mean we don’t want you to get involved.

We are planning more trips, more dinners, and more opportunities for you to be our guest.

As a subscriber to the Explorer Report, you’ll see that we’ve added many new dinners and get-togethers. We want to meet you in person – because that’s how real, important things happen.

Thanks for coming along for the ride… we have some incredible stuff coming ahead,

Cody