Real Estate Articles

2018-06-01 “What crucial impact will this have on my business or life?” | By: Vena Jones-Cox

A good question to ask BEFORE tackling any item on your to-do list is,
“What crucial impact will this have on my business or life?”
When you decide to spend your after-work hours trying to design a logo for your LLC instead of generating leads, that’s an emotional decision (probably based on a subconscious desire to avoid talking to sellers).
When you spend hours trying to decide whether to take classes to become a realtor (despite that fact that 10 different experienced investors and gurus have told you not to bother) instead of hanging bandit signs, that’s an emotion decision (possibly based on an emphasis you or your family put on degrees, licensing etc.).
When you choose to spend hours scrolling through the wholesaling questions on Bigger Pockets, or yet more wholesaling videos on YouTube, rather than just signing up for a complete class that will take you moments to register for and less time to complete than the time you’ve already spent thinking about it, that’s an emotional decision (probably based on fear of making a mistake and wasting money. So check on the refund policy, K?).
When you decide to clean your desk “because it’s driving you crazy” instead of returning that seller call…well, you get the picture. You have limited time, and endless things you COULD do with that time.
There are 2 steps to building this habit:
1. Understanding what the key needle movers in your business are; these can be gleaned from classes, colleagues, and setting goals
2. Really considering your To Do list before jumping into the thing that feels the best, or removes the biggest bad feeling, or can be scratched off the list the quickest.
This week, ask yourself the question each day, “What can I do that will get me a deal this week?”.
If you don’t know the answer, you’re not educated enough.
If you know the answer but aren’t focused on doing that thing, you’re not prioritizing your time like you should be.
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