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Words For Financial Success & Beyond

January 29, 2023 by  
Filed under blog

We just arrived in Kauai, and I realize it was time to write my next blog post. So I found an old blog I wrote years ago that includes a few friends who contributed to a little book I wrote called, A Beginner’s Guide to Investing in Real Estate. Those good friends and fellow writers are Clair Crookston, Bryan Kroff, David Shamy, and Kelvin Miller. In the book, we all talked about making good investments in life, real estate, and other types of investments. So, in this week’s post, I wanted to quote from one of those friends and share with you the ideas and directions a person should follow to come up with, not just great financial returns, but great returns on life.

The purpose of one of the chapters that Brian Kroff contributed to was to develop a game plan that will work for you for any goal — financial, personal, or physical. Brian wrote that “your personal real estate game plan, strategies, and flexibility are just as critical,” as any other goals you might have.

He wrote a lot of great stuff, including this from his own great book: “The knowledge you have and will gain about real estate is what allows you to make wise decisions. When it comes to money, knowledge separates the investor from the speculators. Knowledge is the power to control, at least to a significant degree, what happens to us. Knowledge reduces risk.”

Additionally, he says, “Try to establish, as far as possible, a regular ‘information acquisition’ program. Some people try to read a few minutes each morning or evening. Some use their lunch or coffee break to feed the mind as well as the body. Carefully analyze your personal daily schedule, then set aside a certain time period each day to educate yourself as best you can about real estate.”

He doesn’t stop there. He goes on to say, “Fundamental to beginning in real estate is the establishment of your goals. Determine, as far as possible, how you can achieve them. Everyone is unique and different, so set your own goals. Don’t be afraid if your goals are a little bit different, higher, or even lower than someone else’s. Be specific about your goals and write them down.”

And it’s true. Writing goals down can make a huge difference in your level of success and reaching those goals! So, set your goals, write them down, do your research, and go after what you want.

Big Buried Secrets

July 24, 2015 by  
Filed under blog

Ok … so do you want some sure-fire ways to help you set big goals (and/or small goals) and be able to stick with them until you succeed? Well, they are out there just waiting for you. I’m going call these methods ‘secrets’ although as you read some of these you may say ‘Hey, I already know that one!’ so for you it’s really not a secret.  Right?  Well, you may be right and it may not be something new to you but if you are not doing it, then maybe it really should be labelled a ‘secret’. A secret you are keeping from yourself.

For example, you probably have heard the first two secrets I have for you. But do you do them?

No. 1: You must write your goal down! There is a kind of magic that happens in our brains when we make a printed record of specifically what we want to accomplish. It makes it more real to us and we feel obliged to follow through. Just because they’re written down.

No. 2: Be sure to put a deadline or time limit on your goal and write that down too.  Without a deadline, you can put off forever the tasks that will move you forward and then you’ll never get close to that goal. Knowing you have a deadline gives you a kind of mini-goal and something to aim for.

Does that sound familiar? Sound like great advice? Yes? Well … do you always employ them?

How about ‘secrets’ that some people might be aware of but don’t spend enough time doing?

No. 3: Take time to carefully visualize your goal with as much detail as you can imagine.  That visualization should also include an image in your mind of actually accomplishing your goal. Think about how you are going to feel when you arrive at your journey’s end. Run it though your brain numerous times until it feels real.

No. 4: Tell other people about what you have set out to do.  Ideally tell people who care about you and understand and appreciate what you’re aiming for. Ask these people to remind you, encourage you and cheer you on as you make progress towards your goals.

This fourth step can be a huge help.  Even if they don’t ask how you are doing or give words of encouragement every time they see you, your seeing them will often remind you that they know what you are shooting for and you certainly don’t want to disappoint them, not to mention failing yourself, of course.

So I am guessing that, for a lot of you, these tips aren’t new ideas but if you aren’t doing them, they might as well be deeply buried secrets. They are all simple to do, take very little effort, and can increase your ability to persevere and reach those goals, both big and small! So dig these back up and use them! It’s your own little gold mine you can use to pave your way to all kinds of success.

There is even more good news … those are not the only ‘secrets’ out there. Next week, I will talk about more tried and true secrets to making your goals a reality. Get yourself a head start by writing down, setting a deadline for, visualizing and telling others about your goal. Because the biggest secret is that you can’t get what you want without going for it!