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!