October 8, 2008
Setting Goals for Real Estate Success
Goal setting is a frequently overlooked step in real estate investing. This is very unfortunate because taking a few moments to complete this simple task effectively can have a huge impact on your long term results but also on how seriously you are treated by professionals. This is incredibly important to your short term success and your confidence as you will need to establish strong relationships with such people if you are to succeed.
The power of goal setting has been well documented and communicated so before you skip over this point because you’ve heard it all before I’d like you to consider how well you are doing it. I’m a firm believer that you don’t truly understand something until you are doing it.
If you are an avid goal setter you will want to read this to learn some specifics associated with real estate investing. If you are not a frequent goal setter please read on and consider that setting goals really is a powerful tool, does have some magic about it, and is critical to your investing success.
Full article… Setting Goals for Real Estate Success
Popularity: 18% [?]
Filed under Getting Started, Strategy by Scott Roemermann
It's time to get real. Let's be honest for a moment and look at the results the average person is getting with the masses of real estate investing information that's available today. A frightfully low percentage of people that attend the typical real estate investing seminar or bootcamp go on to build a real estate business of any significance. Why? According to Brad Wozny, 92% of all investors fail in their first three months. Why?
Why are people having such problems with real estate investing:
- buying lots of educational products but not having the confidence to use them
- never getting that first deal done
- replacing a practical education with a theoretical one
- hopping from one hot idea to the next
- trying to operate without a business model
- complete lack of focus
- no thought given to what skills are required
- no thought given to what resources are required
That is NO WAY to start a business!! And that is another key issue here. We are talking about a business, not a hobby. And yet most people spend more time planning their annual vacation than they do planning their real estate business.
Full article… Strategic Real Estate Investing: The Missing Piece of the Puzzle?
Popularity: 8% [?]
Filed under Getting Started, Strategy by Scott Roemermann
