How to be More Successful at Real Estate Investing and Life
I have been very successful in real estate, but not because I was lucky or I am extremely smart. I did not become very successful in real estate until 2008 and 2009, even though I became an agent in 2001. I have not disclosed this before, but in 2006 I only made $28,000 the entire year! I now have 11 rentals properties, 9 active fix and flips and I recently bought a Lamborghini.
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Being successful in real estate or life is not just about knowledge, hard work or luck. There are many real estate agents and investors with just as much knowledge as me and who work very hard, who have not been successful. I am not trying to brag, but to show people there is more to being successful than knowledge and working hard. I follow a plan to help myself be successful that involves many different actions and strategies. I have many goals, read self-help books all the time, have many plans and I am constantly trying to improve myself and find better ways to do things.
Sharing my strategies for success in life
I hear people talk about how goals don’t work, how being positive doesn’t work, how doing what you love will never make you money or that you have to be lucky to be successful. I think Brian Tracy has a great attitude towards luck:
“I’ve found that luck is quite predictable. If you want more luck, take more
chances, Be more active, Show up more often.”
As soon as I started setting goals, making plans according to those goals and taking action, my luck changed and my life changed for the better. When I started reading self-help books and taking additional steps to improve myself; my life took off. So what about people who have tried to set goals or be positive and it never worked for them? I think there is more to being successful than setting a couple of goals, being happy once in a while or reading one self-help book. Another great quote from Jim Rhone:
“Work harder on yourself than you do on your job.”
― Jim Rohn
I have read many self-help books and listened to many audio CDs telling me what I need to do to improve my life. I have also taken Jack Canfield coaching and I am always looking for better ways to improve how I do things. It is not a quick and easy fix to change your attitude and beliefs about being successful. When I took Jack Canfield coaching I had to spend 10 hours a week on assignments. I write articles about success, goal setting and attitude on Victory Coaches and Bigger Pockets, which help me focus on improving myself, not just working on my job. There is not one thing you can do to suddenly become successful, it is a process with multiple steps.
I have decided to start a new venture with Invest Four More; I am going to post detailed articles on the things I do to help me be more successful in real estate and life. Being successful is not about setting a couple of goals (here is a great example of a goal), it is about creating a system to follow that helps get your mind in the right place to be successful. You have to do many things differently to be successful and it takes a lot of work in the beginning. The people who put down goal setting, probably never spent the time it takes to break down goals into actionable steps. The people who think being positive is worthless, probably never read any books on the subject about the reasons why it works and coupled being positive with goal setting, taking action or visualization. There are many aspects to being successful and trying one thing for a couple of weeks is not going to get the job done.
Organizing a plan to be more successful in life
My goal is to write one article a week that focuses on being successful that is not specific to real estate. I want to use this article as a guide (like my complete guide to purchasing long-term rental properties) with each new article linked in this post as they are written. My hope is that I can help others achieve success, be more successful than they already are or just be happier. I am not a certified life coach or a self-help guru, but I know these techniques have helped me be more successful, happier and have more free time. To start things off I am going to link to a couple of articles that I posted last year about buying a new house and buying a Lamborghini this year. Then as I write new articles I will post them in this article in series of beginning to advanced techniques. There is no way I could have done either of these two things without a complete attitude change that helped me see more opportunities and take more risks.
Series on how to become successful:
Previous attitude articles:
Don’t stress about changing your life overnight
One of the most important things I learned to do over the last couple of years is to relax. Don’t stress about the past, because you can’t change it. Don’t stress about the future, because you don’t know what will happen. Do what you can now to be successful, but it won’t happen overnight. I will write a much more detailed article on stress, but I think the more we relax the happier we are. I try to improve everyday, but I know I can’t do everything at once. Having 9 flips at one time can be stressful and I wish they were all completed and on the market right now, but that is not going to happen. All I can do is keep working hard to get my contractors to finish quickly, find new contractors and make sure I am on top of everything.
I hope this new idea helps people achieve more success and be happier. I will have my first new article on success and attitude published next week at the latest, but I may get it out this week. If anyone has any suggestions for topics to cover or things they need help with, please send me an email or leave a comment and I will do my best. Mark@investfourmore.com