Hard Work or Hardly Work?

Did you start your business or start investing in real estate because you saw it as a way to get rich quick? Despite the popular book about a 3-hour work week, successful business requires hard work.

Take real estate investing, for instance. Finding potential properties to purchase is easy. That’s why there are so many other folks competing with you to buy them. Part of the hard work here is beating out your competition while preserving the margin you need to make money.

On the other hand, finding the properties that everyone else is not finding is hard work. Once you find them, however, purchase is easier because you have less–or no–competition. So either way, profit is not going to be handed to you on a silver platter. You are going to have to work for it.

That means success depends on long-term effort, slow and steady, Are you mentally prepared to do whatever it takes to be successful? If you have not achieved the level of success you want, consider whether you are working hard enough and smart enough. Maybe you’ll decide to go work harder and smarter anyway!

Recipe? You Still Want A Recipe? Take this!

Okay. You’ve been following this series of posts for the last few weeks and you are still struggling. Maybe you do not yet have the faith you need in order to realize you hold the keys to your own success. You want someone to lay it out for you. Shall I lay it out for you?

Use the knowledge you have gained to pick a path known to work. How do you know it works? More than one person is doing it successfully. Preferably including someone you know.

Now here is the trick: Accept the fact that you are going to mess it up, do it wrong, and fail! If you are normal, you will mess it up, do it wrong and fail nine times before you succeed. If you are convinced you are not normal, that you are REALLY dumb or inept, pick a bigger number. Are you a 19-failure kind of person? 29-failure? If you have an incredibly low opinion of your readiness, maybe you’re a 99! Thomas Edison had to find 999 ways to NOT make a light bulb before he found the one that was the right way. Colonel Sanders had to find 999 restaurants unwilling to use his recipe before he found one who would. I assume you know their first, single success ultimately made them rich and no one cares about the 999.

Got your number? Good. Now go do it that many times, knowing you are probably going to fail and you just need to get them out of the way. But be careful! Winning 1 time in 10 does not always mean the tenth time is the win. Sometimes the win comes in the middle. You have to treat all 9 or 19 or 29 of them as though this might be the win! Do your best. And if it was NOT the win, no big deal. You’re just out there collecting your failures anyway.

As you do it, watch what is working and what is not. Ask yourself each time, “What did I do that I want to keep doing?” and “What can I do better next time?” Then go do the next one with that wisdom added to what you knew before the prior one. If you do it sincerely doing your best, regardless of how “they” did it, you’ll find your win before you get to your failure number. You’ll discover that you are better at this than you thought. In the process, you will also have taught yourself a thing or two about what works. Now THAT’s cool! You’re creating your own wisdom!

To make this work, you need to be committed to doing it until you get your win, NO MATTER WHAT. Can you commit to that? If you can, you’ll be a winner that others will be looking to for inspiration in the future. If you cannot, well enjoy the grind, because that’s all you’re going to get. Ever. Might as well go do something else. Now, before you waste any more time.

As Mrs. Henry Ford once said, “Whether you think you can or think you can’t, you’re right.”

You can indeed be as successful as you make up your mind to be. Go for it!