Let’s face it, we don’t know what we don’t know when it comes to real estate investing..
What does that even mean?
Ok.. I want you to choose an object that we as humans might use daily and I want you to describe in particular how it works.
For example, Let’s say you pick a guitar. Tell me what particular parts of the guitar form together in the process of making music? Tough hey? Agreed!
What we know for sure is that a guitar creates music. We also know that it may take a while to LEARN HOW to make beautiful sounds come out of an instrument of that calibre.
Yet.. sometimes when we look at a guitar, we are confident that we can pick it up and play it perfectly, it is until the moment we strum the strings, that we realize how difficult it really is. The reason for this is that for most of us, a guitar is not an intimidating instrument.
Simply put, there are six strings and a fret board, How hard could it be to play music on something so simple!?
But it is much more complicated than that!
Now.. If you were compelled to find out how to play a guitar, what steps would you take in order to LEARN?
- EDUCATE YOURSELF– Educating ourselves on a specific subject is the first step we must take in order to succeed in a specific field. When we don’t know what we don’t know, education fills the unexpected gaps within our knowledge and helps us see things from a different angle.
- INVEST YOUR TIME– Investing our time is crucial when trying to LEARN a new skill set or when taking our mindset to another level. Without constant repetition, Education is useless because if we don’t invest our time after educating ourselves, we will continue to remain stagnant with our results.
- SURROUND YOURSELF WITH OTHER PLAYERS– In order to fast track our results, we must surround ourselves with like-minded people. You will become a good guitar player if you educate yourself and invest time learning the instrument, but you will become a great guitar player if you leverage other people’s experiences.
How is real estate investing any different?
We believe that we know how real estate investing works but do we really understand the detailed process of how it creates personal wealth?
Most of us EDUCATE ourselves and INVEST the time needed to be a real estate investor… but we forget to SURROUND OURSELVES with like-minded people to LEARN how to fast track our results.