Here’s The Biggest Investment You Can Make

Here’s The Biggest Investment You Can Make

As real estate investors, we’re always evaluating our next deal and determining whether or not it will provide the ROI we want.

But there’s one investment that many investors overlook: I’m talking about an investment in yourself.

Many investors struggle to learn enough to do their first deal (and they remain stuck in 9-5 jobs “wishing” that they could someday invest). A few investors actually break through and learn enough to do their first deal and then their second and third… but eventually fall into a pattern of just doing the same thing over and over.

When it comes to your life and your business, if you’re not moving forward then you’re stagnating. You need to be constantly moving forward… and not JUST moving forward but relentlessly PUSHING forward.

Here’s how to do that:

First, schedule time to do regular assessments of where you are and where you want to be. Look at your situation and ask yourself what you like about where you are and what you don’t like.

If you’re happy where you are then it’s possible that everything is humming along nicely… but it’s also possible that you’ve become complacent. I’m always skeptical of any investor who says they are happy with where things are right now and don’t see a need to improve. There is ALWAYS a need to improve, whether that means become more profitable or serving your sellers and buyers more effectively.

Second, when you’ve identified the gap between where you are and where you want to be, create a simple path of steps to move forward. Maybe seek out the insight of a mentor, colleague, or friend to help give you another perspective. List out the steps in sequence.

Third, start acting on those steps. Make changes to move forward toward your goal – whatever that goal may be.

Fourth, repeat. The process I’ve laid out above is simple and very effective. And it’s something you should do regularly. How regularly you might wonder? Well, it depends on how quickly you get solve each of the gaps you identify in the previous steps. There isn’t a rule but I can always tell how successful an investor is likely going to be by how often they reassess and work through the steps. The more frequent you are reassess and building, the sooner you’ll achieve your bigger goals.

There is simply no better investment in your business than yourself and your own growth. This might mean hiring a mentor, joining a mastermind, investing in training, building a system and a team… whatever. But the more you invest in yourself, the more valuable of an asset YOU become as you grow your investing business.

(As my email subscribers heard yesterday in an exclusive email just for them, I talked about the importance of always hustling and never letting up. If you want to get exclusive insights right in your inbox, be sure to subscribe to get TheFlipKing emails in your inbox – just add your email to the form in the sidebar.)