Creating success is not always about money. Being successful means you’re able to create happiness in a good balance within your life because no matter how much money you make it’s never about the money. It’s about what makes you happy and what makes you want to strive to create the greatest amount of success. It may not be business related. It could be something personal that you want to accomplish or something you want to do with your family. It’s all about creating happiness within yourself.
I think anybody who targets money to create success is going to be unsuccessful. You can generate a lot of money, but if you’re not happy doing it, then it’s not going to be worthwhile. Why would you generate the money if it doesn’t make you happy? You have to figure out what drives you and what makes your mind tick, and what makes you want to be successful and what you classify as success. It’s different for every person and you have to find what it is that works for you to create happiness.
The Reason I Invest
The reason I invest into real estate is because I’m very passionate about it and I like the entire process. You have to find a process you really enjoy doing so you can be as successful as possible. If you don’t like or enjoy what you’re doing, then it’s going to be really hard to create success. There’s going to be so many setbacks and failures and a lot of adversity that is going to really frustrate you, so you have to find something that you’re really passionate about and that makes you happy.
I’m investing into real estate because I like the process of taking an outdated unit and renovating it to make it modern again so people really find a lot of value in it which then we can get an increase in rents. That’s why I get the thrill of investing into real estate. It’s something you have to discover within yourself and find the happiness, success and balance you need to bring it all together.
Why Businesses Fail
Why do you think over 95% of businesses fail? It’s because people are after the pursuit of money. When you’re searching for money, you won’t get as far versus if you were just searching for freedom. If you’re looking for freedom, which is basically the ability to do whatever you want to do when you want to do it without having to go to a specific job, then that’s really what you’re after.
It’s the freedom that everyone is looking for. If you jump into the wrong type of business that you’re not passionate about when you’re looking for freedom, it’s going to be really difficult to make it work because it has to be something you love. If you don’t really love it, then all the obstacles and frustrations that come along with making that business successful are going to frustrate you and ultimately make you lose interest and quit, since it’s not something you love doing.
You have to find out what you love doing. To do this, you have to try a lot of different things. For example, I like investing into real estate. It’s a process that has evolved and I’ve learned to love doing it. I grew up investing into real estate with my family. It’s natural to me and looking at all the opportunities that were available was something that really made sense to me, as well as looking at all the finances and the rent roll, and putting deals together.
Ultimately putting deals together is one of the things I enjoy most about investing into real estate. It’s not necessarily the money and anything else that comes with it. It’s about the deals you put together, the relationships you build, and the people you connect with. Everything about those components of the business are something that I enjoy doing, and that’s what you have to find, those items that satisfy you and make you happy. That’s what’s going to make the difference when you’re creating success.
This Is What You Should Do
Something that you have to do is invest. You have to invest properly to create success and that freedom that you’re trying to achieve. To do that you have to make a really smart investment so when you do start a business based on something you really love and you’re passionate about, you have to take the profits from that business and start investing it into real estate.
That’s one of the biggest things you have to do. If you don’t invest your money and you just collect it, then your money’s going to devalue overtime. You have to invest the money you make from your business so you can multiply and make it bigger. If you don’t invest, your money will depreciate and it’s not going to be as valuable. It’s critical you look for real estate assets that you can invest into because that’s going to degenerate a return on your investment. It’s going to be superior to the money you’re making through your business or your job.
Getting Started With…
Get started investing into real estate now. The market is always getting hotter and more expensive. For example, look back to the 2008 financial crisis. Multifamily real estate was purchased at really good pricing back then, and the people who didn’t purchase assets at that time could have bought a $13 million deal for 200 units, say for example, in North Carolina. Now, that deal is probably worth over $30 Million.
Every day real estate is getting more expensive and the longer you wait the more expensive it’s going to be to invest into real estate. It’s a good plan to get your money together and figure out how you can relocate it into real estate. Then you can multiply your money. Multiplying your money is critical so you can create the freedom you’re looking for within your life. And it’s going to allow you to have cash flow coming in on a passive basis. Get started by investing and monetizing your money so that you can secure the future that you want.
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