I was just on a call by a mentor of mine and the guest speaker was a very accomplished music producer, who worked with some of the best in the industry for years and still does to this day. There are skills in real estate and life that we must develop to be successful real estate entrepreneurs.
The phoenix group is on a mission to blend the “inner game” with the “outer game” – the problem with real estate training and education is that it is JUST real estate. Now here is the dilemma: you have to pick something to be good at and teach. That is the challenge with a lot of real estate and other success trainings out there is that they do not and frankly, cannot give you all the pieces of the puzzle.
That famous 80/20 rule holds true in a real estate business – the things you do to build a successful real estate company are the same things you need to do in ANY company and the 20% is industry specific. There were many words of wisdom that I got from this call, and they can be applied to any business as well as other facets of our lives (after all we work to create the freedom so we can do what we want after all!) such as:
1. When you are already in a hole, stop diggin!
2. “I have not forgotten anything that I have discovered, but I have forgotten over half of what I have learned” A powerful reminder that we often learn best from experience, and being shown the path rather than being told where to go.
3. Ask what do I want? Then what can I control about this situation? (when faced with a challenge) Key reminder that worrying about things you can’t control uses up valuable bandwidth in your mind that could be used to get you closer to your goals rather than further from them.
When we thing of business often we get mired down in the strategy, tactics, marketing plans, sales techniques. Business is really about people and the relationships between them – I encourage you to have a look at those fundamentals, continue to always grow your inner game in parallel with the tactics/strategy because they both affect your results equally.
To your success,
Tim Reid
-Respect The Hustle