Have you ever thought of yourself as an asset?
Have there been times when you goofed and considered yourself a liability?
Today, I’m dishing out some tough love – you’re going to have to take a good, hard look at yourself…
Is your business stagnant or growing? What about you, as a person – are you learning, developing and growing?
Are you taking actions that are getting you closer to your goals or are do those goals seem further and further away?
Are you taking action despite your fears or are they holding you back?
Lots of questions, I know, but stay with me…
If you and your business are growing… if you’re taking steps toward your goals… if you’re taking the right action… you’re an asset.
If not, you’re a liability.
You have to be an asset. Simple as that. Because real estate investing and building your REI business require it.
But how?
I’ve got you covered… today we’re looking at the 4 core areas of your business – that when done correctly – will make you an asset.
#1 Education
You’re an asset if…
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You read helpful, relevant, informative blogs, articles, papers, books – on a regular basis
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You are committed to “Constant And Never-ending Improvement” (CANI)
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You are always learning – from your experiences, people you meet and the fail-forward mistakes you’ll inevitably make along the way
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You take massive action
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You realize that the actual learning of this business comes from taking action… not from a course or seminar
#2 Language
You’re an asset if…
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You use positive language to speak confidently about yourself, your skills, your business and your future
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You never say “I can’t” but instead ask “How can I?”
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You are confident in proclaiming that you will do anything and everything you set your mind to
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You avoid useless and weak words like “try” or “wish”
#3 Planning
You’re an asset if…
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You follow this motto: “He who fails to plan, plans to fail.”
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You know that with a strong enough “why,” the “how I do this business” will figure itself out even if you’re not quite sure how to do it just yet
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You are flexible and not afraid of changing plans as you go
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You do the best you can with what you have
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You have goals and know what you want your business to be – and you have the written plans to implement it all
#4 Network
You’re an asset if…
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You foster existing relationships and actively seek out and build new ones
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You put yourself out there through small business associations, REIAs, Rotary, Chambers of Commerce and BNI
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You are always meeting new people – no matter if you hate doing it
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You know that your network is a giant piece of your business
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You surround yourself with positive, driven people
So, let me ask you again…
Are you an asset or liability to your success?
All it takes is one decision – right now – to change from a liability to an asset…
Using these 4 core areas, decide here and now to get more educated, speak the language of success, plan your goals and future, and build a strong network.
“Where failure is experienced, it is the individual, not the method, which has failed. If you try and fail, make another effort, and still another, until you succeed.”
~Napoleon Hill, Think and Grow Rich
When you are an asset to your business – and you make that effort repeatedly, you’ll reach the ultimate, singular result: Your success.
Share
How do you manage these 4 core areas to be an asset? Share below.
Change now if you’re currently a liability.
Educate yourself.
Speak the language of success.
Plan your goals, where you want your business to go.
Take action on those plans.
Grow your network even if it’s scary talking to new people.
Patrick Riddle
has been investing in real estate ever since he got the bug in college at Clemson University and - to his parents dismay - dropped out of college to dive full-time into real estate at the age of 22 with a couple friends/partners from school.
The first few deals were rough for them, mainly using their own cash, credit, and hard money loans. But, soon he found out that was a rough and unsustainable way to build a real estate business.
After "on the job" learning through the school of hard knocks at first, he found the key that helped their company get deals done more quickly, with higher profit, less risk, without having to go to banks or use their own cash.
Fast forward to today, their company has closed over 130 real estate transactions and has put over $6 million in private money into their own transactions.