How to Succeed in Real Estate for a Decade Straight
I’ve been in real estate since 2006, but only for the past 10 years or so has Diamond Equity experienced consistent growth, year over year. I personally learned how to keep the momentum going by studying other successful people who kept businesses running over a long period of time. John Rockefeller is one of my favorites.
John quit school at age 16 to support his family because he was tired of being poor. Here are his words:
“As our successes began to come, I seldom put my head upon the pillow at night without speaking a few words to myself in this wise:
Now a little success, soon you will fall down, soon you will be overthrown. Because you have got a start, you think you are quite a merchant; look out, or you will lose your head—go steady.
These intimate conversations with myself, I am sure, had a great influence on my life. I was afraid I could not stand my prosperity, and tried to teach myself not to get puffed up with any foolish notions.”
“Go to Sleep on a Win, Wake up with a Loss”
As real estate investors & even brokers we have a problem: We make a lot of money when deals close and are prone to “pop champagne” or celebrate the bigt win. The danger after any big closing is feeling like you won, and then forgetting to get back to work with the same humility, intelligence, & hustle it took to create that win. I did this myself and it took years to dig out again.
One of my favorite “vitamins” to avoid sleeping on a win is constantly reading or listening to stories of people who sustained their business over a long period of time. David Senra’s podcast, Founders, is a great “cliff notes” method of getting a full book’s worth of humility, intelligence, & hustle in 45-60 mins. It’s worth checking out. Often.
Well, it’s time for me to get on the road to check out this deal!! I’ll see some of the folks reading this there.
In the spirit of NOT Sleeping on a Win, let’s all agree to do at least a deal or two this week. Sound like a plan??
