1 Jan 2010
New Year’s Resolution
Most New Year’s resolutions are made in good faith, but are rarely followed through. The most common cause is the way they are made. While standing on the scale, “I need to lose weight.” After a late night and a morning hangover, “I will never drink again.” While sitting at the table paying bills, “I need to make more money.” Or after hearing of a profitable deal someone else closed, “this year I am going to buy/flip/sell X amount of real estate.” Unfortunately, most people plan their future this way, with a bold statement and no plan.
Most successful people, no matter how great the idea, always have a plan. A highly successful real estate investor I know once said, “Without a plan, whether you know it or not, you do have a plan. It is a plan to fail”.
How do I make a plan? Network with other successful people, and ask what works for them. Seek the advice of a professional and attend seminars. Simply write down your goals and the method you are going to use to achieve them. Or better yet, do all of the above.
So, for my New Year’s resolution, I am not going to make any bold statements without a solid plan!
I wish everyone a successful and prosperous New Year.
Joe Hejka, President
REIA of Oakland
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