Figuring Out Your Strengths and Leveraging Them

One of the things I enjoy most about listening to the BP podcasts hosted by Brandon Turner is that he really has a good handle on who he is, as a person, as a businessman and investor.  This cat is just super well-grounded; very clear about what he is good at, and he has no delusions at all about those areas where he just isn't going to be able to offer much value -- at least not with any level of efficiency.  

Brandon gets it.  So should the rest of us.

With my first flip project now in the books, I am left to lick my wounds and put myself through my own personal debriefing as to what went right, and what went wrong.  And thankfully, I was able to spot a few areas where, you know, I did alright!!  Truth be told, some of it was just pure dumb luck (or bad luck in some cases).  

And then there are those other areas, eg., managing contractors, where was woefully inadequate and unlikely to greatly improve over time.  That is a subject for another blog post (coming soon).

So now, having subjected myself to this objective review of strengths and weakness, I am ready to focus on those areas where I feel like I have some skills/abilities, where I really have something to offer, where I can add value.  This is still a bit of a work in process, I will admit, being still relatively new to the REI scene, but the picture is starting to come into focus.  

And now I am setting about leveraging them in ways that add value - not just for me, but for other investors and for those that I engage in the marketplace.