Hey Moguls, Preston Ely here…
My lesson for you today is pretty simple and straightforward: Do one thing and do it baller.
If you don’t know what “baller” means, never fear… neither does your grandmother. So that’s just a sign that you are equally as cool as your grandma. But don’t worry. Me, personally, I think your grandma is pretty cool. Tell her to stop baking me so many brownies, though. ;)
A baller is someone who does something and does it well. A baller is at the top of his/her game.
That’s all we do.
Some of you are so scatterbrained. You don’t know WHAT the heck you are doing. You’re looking at short sales, rentals, rehabs, creative financing gimmicks, and probably even trying to retail a few homes, all with some wholesale deals sprinkled in for good measure.
Screw sprinkles. My whole cake is nothing but wholesale deals. That is it and that is all.
If a short sale lead comes in, I generally throw it in the garbage. Because that’s not what I do.
Let me tell you this – if you think being a Jack of All Trades is where you should sim for – you are wrong. Yep, I said it. Being a Jack of All Trades makes you a Master of None. Don’t make that mistake.
“Successful people maintain a positive focus in life no matter what is going on around them. They stay focused on their past successes rather than their past failures, and on the next action steps they need to take to get them closer to the fulfillment of their goals rather than all the other distractions that life presents to them.”
Do One Thing Well
Did you know that you can make a living doing nothing other than wholesaling real estate contracts?
I can turn 50 contracts in the time it takes you to do one short sale deal. And I’ll never leave Starbucks.
Did you know that a short sale deal, on average, takes 5 months to see through from start to finish? What a waste of energy those things are.
Did you know our wholesale deals take, on average, 3 weeks to see through from start to finish? And the spreads are not that far off.
My encouragement to you, right now, is to F-O-C-U-S.
Don’t do 5 assignments. Do 100.
Don’t just wholesale some deals. Become a WHOLESALER.
Let it define you. We are the only smart ones. Everyone else works hard for their money. Good for them. That’s all they are capable of.
I have higher hopes for you.
Don’t be like your grandma.
Be cool.
Be a wholesaler.
Be focused.
“Lack of direction, not lack of time, is the problem. We all have twenty-four hour days.”
~ Zig Ziglar
Say Something
How do you focus? Share below.
Focus on one investing strategy.
Do one thing and do it well.
Don’t be a Jack of All Trades, which makes you a Master of None.
Preston Ely
is a real estate investor, serial entrepreneur, life coach, musician and philanthropist. CEO of Real Freedom, Inc, one of the most influential internet-based information publishers in the world, owns the largest Anytime Fitness Gym in the United States, is recording a music album with Atlantic Records, sits on the board of Advocates Of Love Orphanage, and has a non-profit charity assisting the poor and oppressed in Cuba with both their physical and spiritual needs.
With over 200,000 subscribers to his email newsletter, he is rapidly fulfilling his mission on earth, which is to glorify God by setting people physically, mentally, financially, and spiritually free through his music and his message of FREEDOM. Preston is 37 years old, lives in Tampa, FL with his wife Ashley, where he spends most of his time reading, writing, and practicing mixed martial arts.