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Posted 7 months ago

How Do I Squeeze Everything Into My Tiny schedule?

Whether you are just getting started in self-storage or you are branching out or trying to grow, there is always one thing that is going to get in your way, time. We all have a limited amount of time; it is critical that you make every second count.

The wonderful thing about self-storage is that it is self-sustaining. It is long term wealth created through passive income and a lot of hard work on the front end. This is not a get rich quick plan, we are in the crock pot business. However, the results are worth it. There are very specific steps that you need to take to succeed in self-storage. As long as you are willing to follow those steps, recipe, the results are amazing,

First of all, you may be so busy that you don’t have time to sleep, much less brush your teeth. So how do you add more to your schedule today, knowing that the long term payoff is worth it. You must be mindful of your time. You must recognize that you need to delegate, and you must find things in your current schedule that you can cut out.

Start by taking a week and doing a time audit. Every 30 minutes, set an alarm on your phone. Yes, it will get very annoying. When the alarm goes off, write down what you have done the last 30 minutes in your tracker. Were you answering e-mails? Did you get caught on a phone call chatting with someone? Did you start to do a search for something you needed and get caught going down the internet rabbit hole? Were you talking to a potential partner. There are an endless number of possibilities. At the end of the week, add up where you spent your time. Are you surprised? Are you pleased with where you spent your time? Are there areas where you can cut back or delegate?

Start with the areas that you can cut back. Maybe you didn’t realize how much time you were spending catching up on the news. Maybe you didn’t know that you watched as much TV as you did to unwind. Maybe you don’t spend as much time with family as you thought. There are a few things that you want to delegate right away. Start by getting a personal assistant or virtual assistant that you can train to do some of the tedious, repetitive things for you. While it may seem extremely difficult at first, allow them to screen your calls and your e-mails. There are so many e-mails that you don’t need to spend your time on. Your VA can answer the e-mails that you don’t need to touch and forward you the ones that you do.

While you may feel like you can’t afford a VA, you can’t afford not to get an assistant. They are willing to work for up to $10 an hour. Certainly, you are worth more than minimum wage an hour. Your time audit may reveal enough spots to free up time to do self-storage that you don’t need a VA, yet. However, you eventually are going to need a VA to help you with the tedious research items that must be done.

The things that cannot be delegated are developing relationships with potential partners and creating opportunities. This is where you as the investor shine. You need to be out there talking to sellers, networking with people who can send you opportunities, and reaching out to potential partners. You are the only one that can do that.

Time is one of the number one reasons that people fail in a new business. They don’t have enough time to put in the work required to get the new business off the ground. Make sure that you start by finding the time in your schedule so that you can implement everything that you learn. You don’t want to just learn about how to do self-storage, you want to do self-storage. As always, happy investing.



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