Todd Lubar is one of the few successful entrepreneurs without career failures. Mr. Lubar’s journey to success had many ups and downs, but he never failed. His first job was with Crestar Mortgage Corporation as a loan originator. He went on to spend two decades in the finance industry.
Along with finance, Lubar showed interest in real estate. Eventually, he left finance and founded Legendary Properties. Real estate offered Lubar the opportunity to pursue both his passions: finance and helping others. While exploring his mortgage lending options, he stumbled upon an underserved market.
For most of his career, he dealt with financially stable individuals and companies. Clients like that have no trouble acquiring any size loan they desire. The underserved market, which proved much larger than originally expected, consisted of individuals and companies that struggled to acquire loans via conventional lending methods.
Lubar’s response was TDL Global Ventures. The older he gets, the more he wants to make other people’s dreams come true. Accomplishing this task involved figuring out a way to eliminate or at least weaken the barriers that commonly prevent people from receiving much-needed loans. Ultimately, he ended up creating his own product and program for those consumers: RELIEF.
His RELIEF program is a perfect example of bringing ideas to life. Many entrepreneurs say their gift for bringing ideas to life is hard work and dedication. According to Hackronym, Todd Lubar’s secret is will power. He’s had countless ideas and opportunities, but his will power is what carried him to success. Without will, nothing comes to fruition.
Along with will power comes toughing out those dull days. Lubar never lets himself get tired out. He goes to work every day and works till he can’t anymore. No matter how repetitive and mundane the days get, small moments of hard work led to success.
Another part of his success is the open communication culture he’s fostered in the workplace. Companies succeed more efficiently when everyone’s on the same page. He feels more comfortable when his employees voice their opinions.