Originally Posted March 20, 2016 By John Dessauer
Success to some property investors means working harder and longer hours. They may fear success because they think it means having no social life, no family time, no travel, little relaxation, and no hobbies. However, the ultimate goal of increasing productivity is to work smarter and more efficiently during reasonable working hours. You don’t have to be a workaholic to become a successful property investor. All it takes is insight, organization, and self-discipline to become more productive.
To begin, make a list of areas in which you may lack skill or motivation. For example, if internet marketing or writing persuasive emails to property owners is an area where you lack knowledge or performance skills, put that on your list. After you have completed this self-inventory make some immediate plans for future improvement. If internet marketing is not your forte, begin to educate yourself how to acquire this valuable and necessary skill to increase your future productivity and bring you more real estate investment opportunities.
There are plenty of educational programs available to help with your self-education and improvement. With audiobooks, you can listen and learn while driving, relaxing, or performing household tasks. You can also increase your learning time by cutting time spent watching television. The more you educate yourself, the more you will learn about increasing your productivity and the more your property investment business will flourish.
Make sure your office or work space is well organized and as free from distractions as possible. If you work at home, make sure your office is as far as possible from the noise of family life. Don’t get lured away by television programs, the Internet, or non-business phone calls. Let the calls go to voicemail and return them at the end of your work day.
Figure out your property investment business’s priorities or exactly what tasks or activities produce the most profit for you. If you don’t have enough time to spend on money-making tasks, investigate why this happens. Start tracking the time spent on each task in a work day. Examine this list at the work day’s end to see if any time was wasted. Could the time spent on any task be shortened? Continue to keep track of your activities to help identify weak spots in your daily schedule and implement improvements.
Are there any daily tasks you could outsource or hire someone else to do? You may not want to waste valuable time filing and doing simple paperwork when you could be researching and investigating new properties instead. If you can’t afford to hire a helper, maybe a family member or spouse can assist you.
Be sure and take the time to get enough rest and to eat properly. A brain that’s well fed is far more productive than one hampered by low blood sugar from not eating. Taking breaks during the day can also help your productivity, by allowing your mind to relax and rest periodically in order to avoid fatigue and burnout.
“Remember, wealth has nothing to do with money, success has everything to do with failure, and life is as simple as you make it!” – John Dessauer