We all need a plan. Don't you agree? We have to make small plans to get through each day. Plans for vacation, plans for events or parties. But we also need an investing plan. A big plan. I think the bigger the better for a big plan that is only partly completed will still accomplish more than a successful small plan.
But just having a plan isn't enough. We also need timing, motivation, implementation, and thought.
Timing is very important. You've all heard the saying "the right place at the right time." Haven't the last few years been about the best time to acquire properties? If you believe the market is changing, how will you adjust your plan? How will you put yourself in the right place at the right time?
We must be motivated. You people here in the audience have shown enough motivation to get to the meeting tonight. Some of you will take that same motivation and use it in your business tomorrow. Motivation is the drive that makes us implement.
Because implementation is the key. Actions speak louder than words, right?
I have a quote on my wall in my office that reads 'Tell the world what you intend to do. But show it first." Don't be all talk and no action.
And finally we come to thought. Peter Fortunato likes to say 'do things with intention.' I think that is a great quote.
Do things. With intention. Think before you act. Think before you speak. Think about your plan. Create something that will motivate you to take action. Show the world what YOU CAN accomplish.
A good book to help you get your mind in the right place and create a plan is Millionaire Real Estate Investor by Gary Keller. I think it is one of the best books to help you learn about real estate investing fundamentals. It is sort of a modern day Think And Grow Rich specifically for real estate investors. I hope you will find it as useful as I do.