On Wednesday, I discussed the passion of the real estate investor and the difference between passion and simple interest. True passion pushes you to dive deeper and go after results and to not be satisfied until youā™ve achieved the goals you set.
On the flip side of true passion, is passion that is misguided. Make no mistake about it, passion for a business and what you are doing is different than passion for making money. Iā™ve heard many an investor who stated that money was their passion and that was why they loved this business. That is, in my opinion, a recipe for failure in the long run. If you truly love what you do and the foundational elements of your business, the money part will take care of itself. Falling in love with the outcome takes your focus away from the important things you need to be doing to get there and, at some point, can and will be apparent to those around you. In short, true passion for your business is seen as exactly what it is and will generally be admired by those who witness it. Passion for the outcome (in this case, making money) is often seen as something more sinister, something called greed. Be careful about what your passion is based upon because others will see it and may judge you accordingly.
Now, Iā™m going to throw a little curveball at you. Iā™ve talked about the elements of what it means to be passionate and how this can apply favorably to your pursuits as a real estate investor. Now, Iā™m going to put the brakes on just a bit and encourage you to be cautious about it. Say what?! Let me explain.
Passion, for all its benefits, can backfire if it disrupts the balance of what may be an otherwise healthy lifestyle. Sports passion can be great in some regards but ask the wives or significant others of avid sports fans and see what their take is on that same passion. Ask the same person what they think of their spouse or partner burning the midnight oil on work related stuff and never having time for the family. Ask that same person how much they enjoy their partner talking about nothing but business, no matter how excited they are about it. I think you see where Iā™m going with this. No business is worth alienating those close to you or putting your marriage at risk. Sure, there will be busy times with your business. Just make an effort to keep it real and your friends and families will appreciate you even more for that than for your passion.
Know that passion can and will serve you well in many areas of your life, including your pursuits of real estate investments. Your team will appreciate your passion and so too will your clients. The passion is, in part, what helps establish your credibility and makes people excited about working with you. That said, you need to have a life too. Thereā™s nothing wrong with working hard and loving what you do. Itā™s sometimes hard, though, to flip off that switch and get out of āœbusiness modeā when it is appropriate to do so. For each of you, finding that balance between business and your personal life will be a little bit different and thereā™s no magic formula for how to do it. I just encourage you to strive for balance and, by doing so, you can indeed have your cake and eat it too.
So, Iā™m willing to share my passion with you and give you a jump start on learning everything you can about the world of real estate investing. Are you ready to feed that passion?
Go to: www.freemakemoneygift.com/Invitation.html
To your real estate investing success,
Brian Evans
www.FreeMakeMoneyGift.com/Invitation.html
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