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Posted over 5 years ago

Saying No can be your best investment

I thought it would be a good time to write about this issue I have right now. I have so many deals in the pipeline and more coming at me from all directions that I dont know when to stop. I can compare it to an addict with a substance abuse problem. Its very difficult when you have this serious mental condition. Obsessive drive to succeed and to beat the other person to that real estate deal can be very frustrating to say the least. I have to keep reminding myself there are only so many hours in the day and so many days in our lives and we need to be smart about which deals to chase and which to let go. If I could give one piece of advice here I would say dont over analyze the deals you have in front of you but certainly sleep on it and discuss with another trusted advisor before pulling the trigger. The compound effect of small and almost unnoticeable changes every day will at the end of the year become a large impact on whatever you do. If you are losing weight and its 1/4 of a pound lost every week will never be noticed by you or anyone but at the end of the year you will have lost 13 pounds. Its no different then building your business and your real estate portfolio slowly and with more control by the end of the year you will make leaps and bounds with a lot of less stress and financial burdens. Good luck to all of you and learn when to say NO. 



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