2017 has already proved to be one with its own set of unique challenges. New Year’s Resolutions are coming under fire. What are you doing to keep your resolve to achieve strong? What goals did you choose to set for yourself in 2017 and are these the goals that you should have for the next twelve months? Will these marks of ambition lead you forward to the level of elite real estate investing? Let’s find out.
I am a big believer in working during the season that is full-to-the-brim with opportunity. Your success in the future will be mainly attributed to the goals you set for yourself now, so you need to take time out of your schedule to set goals. The sad truth of the matter is that we don’t set clear objectives or have a foolproof plan of action to accomplish what we ultimately want. Most people have a number that they want to earn over the coming year. It could be $100,000, $1M, $10M, or more. In 2017, it’s time to get specific.
What’s Your Number?
How are you going to achieve your top line or bottom line revenue goal? What will it take for you to get there? Consider real estate leads and the number of units you need to close to get big goals to fall into place. Set the target and create your map to get there. My goal for 2017 is to acquire 500 apartment units. For that to become a reality, I have to look at deals EVERY single day and send out offers every week.
One point to keep in mind is to catch yourself from becoming busier; resulting in less profit. This unfortunate scenario happens to many. The spending also must be moving you forward as well. Keep your profits margins significant— even as your volume grows.
Ways To Improve Your Money Machine
If you have read any of my blogs, you already know that I believe in hiring people to help you reach your goals. Please note that just because you are hiring them to assist you in achieving your goals, doesn’t mean that they won’t be reaching their personal ambitions as well. It’s impossible to try to do everything yourself. What are your plans for hiring people? What will they do for you and your business? Where do you hope to find them?
Finding other people to work with you— and for you— is what will make your investing and business more streamlined. You will be able to accomplish more, scale-up, and grow effectively. One choice you could make in 2017, which has the potential to benefit you in a big way, is to outsource and automate certain tasks when you can. Where can you plug-in systems to create more flow, profitability, and consistency?
Setting Goals And Making Them Effective
Myriads of people set goals and New Year’s Resolutions. Not as many actually follow them through to completion. Thinking about doing something and setting the goal is easy. It’s the action— over a consistent period— that often is where people lose their track. I set high goals for myself and write them every day. For me, this strategy has been a game-changer. I recommend that you do the same. I start my day with my goals and end my day with my goals. Writing them in the morning and night and repeating them to myself is the way that I keep them fresh in my mind. I firmly believe that whatever you focus on is what the universe will give to you. Be aware of what you think on and talk about. Follow-up what you say and write with ACTION!