"It is not what you know, but who you Know"? true or false?

[Eric Thokaai]

Hello BP!

I recently caught the "Analysis paralyses" bug and I can't snap out of it. You see my first investment was a multi-family property that I purchased 3 years ago. This property has performed above and beyond for us and I think that's part of the issue that I am having. Now every deal I analyze seems like the Cap rate and NOI doesn't make sense. So I decided that I should be doing more on the field and give the books a break for a bit. I went to a couple of real estate meet up groups and events to network with like minded people and I left out of there with a handful of business cards of mostly inspiring wholesalers and real estate agents. Afterwards a colleague of mind said "you know Its not what you know, is who you know" and suggested a mentor. I've always heard this statement before but never really thought about it. I started to ask myself is this true or false? Should I find a mentor because of this logic? Do you agree or disagree with this statement? Has 'who you know" benefitted you substantially? Would like to hear your thoughts on this subject.