New Years Resolution Failures

Have you already failed your new years resolutions?

Most people last only about 2-3 weeks with their resolutions.

Why?

Because they’re only making wishes and not setting specific, detailed goals.

And as a result, they fail to make a lifestyle change.

In order to succeed, you’ve got to do more than make a wish.

Regardless of what your goal may be, it’s got to be a commitment.

The main reason that many fail in the real estate investment arena is because they’re afraid.

Afraid it won’t work.

Afraid of losing money.

Afraid of not selling a property.

Afraid of how they’ll look if they fail.

You cannot let fear control your actions or you’ll never achieve anything.

Take your goal setting seriously this year, starting with the end in mind and map out a plan to get you’re there.

If you’ve never done a deal, then maybe your goal is to obtain your first deal that will net you $5K within the next 60 days.

Now, $5K isn’t a lot of money, but you’ve got to crawl before you walk. Focus on making that first $5K, then you can adjust your plans to make more. Getting the first check seems to always be the hardest.

Document everything - your entire process with the direct mail letters you used, ads your ran, houses you looked at, sellers you talked to- everything.

Now, you can go back and look at your plan to see where you succeeded and where you fell short.

If you’re unsure about what steps to take then invest in some programs to grab a better education on what it takes to succeed as a real estate investor.

Gotta go view a property we picked up a few weeks ago. The tenants just moved out and the last time I was in the house you could cut the smoke with a knife and I don’t think it was just cigarette smoke- if you know what I mean! I’ll try to make a video of the house and give you a sneak peak at the deal and how to deal with tenants you inherit without going crazy.

- Derek Pierce

PS – Set aside some quiet time to reflect on what you really want and set detailed action oriented goals, and take the necessary action! The most important part is that you TAKE ACTION!