Are you prepared for a successful year ahead? If you don’t define your own plan, you’ll have to settle for someone else’s plan, and I don’t want that to happen to you this coming year.
So, what is the magic pixie dust that successful investors have found that makes it so easy for them? I have some news for you: There is no magic pixie dust, and there is no get rich quick button.
Success comes from commitment to small steps, repeated each and every day of the year.
3 Characteristics I’ve Observed in Successful People
- They’re committed to constant learning and development of their skills
- They have strong relationships with successful people and mentors
- They have clear goals, written down, and they constantly measure their results throughout the year
Have you heard the results of the Harvard Business School MBA study on goals?
- 3% of the graduates had written goals
- 13% had goals, but they were not in writing
- 84% had no specific goals at all–aside from getting out of school and enjoying the summer
Ten years later, in 1989, the researchers again interviewed the members of that same graduating class.
- 13% who had goals that were not in writing were earning, on average, twice as much as the 84% of students who had no goals at all.
- 3% of graduates who had clear, written goals were earning, on average, 10 times more than 97% of their graduating class.
What was the difference in those who earned 2x as much or those who earned 10x as much as their class mates? Which group do you want to be in?
The big reveal here is that the group with ultra-clear, written down goals created a lot more income and achieved their goals! It sounds so simple, yet so few investors ever write down their own goals and map out their lives.
If you could create a plan, write down your goals, and create 10x results would you be willing to take the massive action required to achieve them? Are you willing, ready, and able to reward yourself with the success you deserve?
Finding Success in 2016
No matter your background, education, or current level of success, if you master the skills of becoming a discount home buyer, leveraging real estate creatively and investing with Other People’s Money, you can shortcut your path to success big time!
No matter your circumstances in life you can make it happen
I’ve seen many people with average intelligence run circles around proclaimed genius investors.
For example, I know a man with an 8th grade education who is financially free from real estate. I know a tow truck driver that has done it.
I know immigrants who don’t speak much English who get it done, and I know people who have a relentless pursuit that has taken them from low-paying jobs and transformed them into successful entrepreneurs.
When you define your goals clearly you give your brain something new to look for and to focus on. You suddenly see things differently, including the people you interact with.
Your personal struggles become opportunities for growth, and your network can help you be a creative problem solver!
When you set yourself on a path with very clear goals, your brain has something new to work on. All of sudden, you find new opportunities for finding motivated sellers, money partners, deals, creative financing opportunities, and more.
What Not to Do for 2016…
1. Disappearing Goals
Goals are not just another list you can write, hide away, and expect them to happen. They have to be in sight constantly, results measured and adjustments made in order to achieve them!
2. Foggy Goals
Ever drive in the fog and struggle to see the road? You need to give yourself clarity in your path for 2016. What skills do you need to improve to become a better discount home buyer?
Do you need to be a better negotiator, better with building rapport or screening sellers? What relationships do you need in order to buy more real estate assets that produce cash flow for you?
What systems do you need to implement that can help you be more organized and productive?
One thing I personally missed when I first started investing in the mid 1990s was a coach or mentor. I had no training–and no clue whatsoever.
We bought a duplex. We didn’t have capital for the fix up, had no property management systems in place, and you can guess how this turned out for my wife and me!
Not good! If I had someone to provide me training, coaching and help along the way, I could have avoided many mistakes as a young investor.
Be sure to start NOW: “Tomorrow is the favorite day of the week for procrastinators.”
Don’t delay in getting your goals written down and moving yourself forward to an awesome new year!
CLICK here to subscribe to our mailing list and get unique, fresh content like this delivered right to your inbox.