Archive for May, 2011

Re-Purposing Your Life

May 25, 2011

“Re- purposing?” you might ask.

I first heard this term from Alex Mandossian. Alex talks about re-purposing your books and training materials, using what you already have to create something additional.

Several years ago, I bought a bed and breakfast. My original intention was to close the inn and resell the house as a single family home to a large blended family. With 6 bedrooms and 4 baths, it seemed perfect for that kind of family.

Shortly after I purchased the B&B, I sold my hotel and found myself moving there. And… I am single!

I continued to have the house on the market. Then the housing crisis occurred and it did not sell. So, I recently decide to ‘Re-purpose my house’ and it has me totally excited.

It already had two full kitchens, and, with a little creative thinking, I’ve fashioned one separate apartment on the first floor. Plus, I later created 2 more loft type dwellings on the second and third floors, all without permanently changing the flavor of this one hundred year old mansion.

Isn’t it funny the way we can get ourselves stuck in one way of thinking and never seriously look at how we could see things differently, take all the assets at our disposal and create our lives or, in my case, real estate anew?

We all have special talents and creative abilities that, if seen through new eyes, could open up adventures that can delight our senses and inspire us toward new horizons.

Right now, with the soft world monetary markets, Wall Street and the credit crunch, it is a great opportunity to ‘re-purpose’ ourselves, our lives, and our businesses to find avenues of success we never would have dreamed of in different times.

I’ve turned a liability into a money making  asset, how about you?