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Want Success? You Need to Focus
Warren Buffett says, "Put all your eggs in one basket and watch the basket". There is something to say about pursuing many different things, but if you want to become a master, it's best to focus on one thing and learn everything you can about it. Sure, you can diversify if you have systems, people and processes in place (like Warren does), but even he only does one thing at scale - investing in companies.
You see, we all get the same 24 hours a day. How you spend it determines your outcome. Focus is what many successful people credit to their success. To be focused requires you to be obsessed on some level. Many people do a little here, a little there, never able to put their full attention on one thing, making it difficult, if not impossible, to achieve complete mastery.
When it comes to real estate investing, there are many options: wholesaling, flips, land and much more. Pick one, get your knowledge quotient up, and become the best at it. I focus on multifamily apartments because of the control it provides in determining the investments results. I believe this wholeheartedly and you could even say it's my obsession! 😊
Ultimately, time is precious. You need to pursue with laser focus your big goals. By becoming the best at one thing and scaling is how the masters have done it. Anything else is a distraction that will get in the way of reaching your ultimate success.
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