Tell me what you really, really want?

 To go from the Spice Girls to Queen, most of us "want it all and I want it now"

And I think that's awesome in principle, however in practise it is impossible.

One of the things I had to learn was that i can have anything I want  but not everything I want.

In any area of life to excel at something almost always means I have to choose it at a cost to other things. Ask any top athlete, musician, businessman, anybody at the top of their field and they will all admit they sacrifice many things to get the results they have.

When it comes to investing this means as much as I would like to excel at everything my best chance of success in real estate is to become good at one thing, but become really, really good at it.

So for me I realised I was a good negotiator and deal finder. But I am 100% cr*p at paperwork, numbers, details.  Initially I tried to get good at those other things and I am not saying we shouldn't seek to grow as people in every area but the fact is I could buy, borrow or beg those skills from other people.

My best results would come if I tried to excel at what I was good at.

We are all going to be naturally more right or left brained and men especially cannot cross hemispheres easily.

I hope I am not making this sound overly simplistic, however it has worked for me and many people I have trained.

Very occasionally I meet an investor who is pretty good at everything and they operate alone, but 99% of the successful investors/traders I have met are a team of 2 to 4 people all playing to their strengths.

It may be 1 owner and the rest employees or they may all become partners but the key is to do what you are best at and find others who are better than you to do the rest.

And remember, if you are the smartest person on your team you are probably in trouble already :-)

Kiwi in Memphis ~ Dean