What Are 3 Things That Successful Entrepreneurs Do That Your Not Doing

If you want to be a successful Self-storage entrepreneur, then there are 3 things that you need to start doing today. You have to implement what you have learned; you have to create time in your schedule to do the things that matter most, and you have to go out and find self-storage opportunities instead of waiting for them to come to you.

They find time to implement new strategies

As you begin in self-storage you learn a lot of information. You need to take all of that information and turn it into a giant to do list. Obviously, you can’t do everything today. So go through and label everything on the list in order of importance. What do you need to do this week or this month? What should you implement in the next 6 months? What can wait a year or 5 years? The more you study and the more you learn the more you will add to your list. Just make sure that you remember to prioritize what you are studying. Some things will be critical to your success today while other things can wait.

Once you have made your list, you need to find the time in your schedule to do the things that will help take your investing to the next level. You decided that they needed to be done this week so how are you going to do that?

They create time in their schedule for the most important things

You need to create time in your schedule. If you are so busy that you are not sleeping, then you need to do a schedule check. You need to track everything that you are doing every 60 minutes. Set an alarm in your phone and every 60 minutes take a second to write down what you did for the last 60 minutes. At the end of a full week, sit down and track what you did. How much time did you spend answering e-mails? How much time did you spend on the phone? How much time did you spend with managerial problems like billing or customer complaints or things that you could hire someone to do for you? How much time did you spend looking for new properties, new partners, or new financing possibilities so that you could expand? Where are you focusing your time?

Once you know where you are spending your time, then you can determine what you can cut. If you are spending too much time doing things that could be delegated to a personal assistant, a virtual assistant, or a property manager, then it is time to hire someone to help you. You don’t want to spend all of your time at an hourly rate. Your time is worth more.

They go out and find new opportunities

Finally, you always need to be looking for your next deal, or a way to improve the properties you have so that they generate more income. Whether you are networking to find new partners or you are marketing with potential sellers to find properties, you should always be in the market for a good opportunity. You want to find a way to expand your portfolio so that you have more passive income. If you are happy with the properties that you have, then find a way to make them more profitable. Find ways to streamline your systems so that you have the best property possible.

Don’t wait to start your dream, find a way to start today. As always, happy investing.