I’m currently re-reading a book called Habits.
And it reminds of a few lessons I’m trying to re-implement on time management.
This is mainly for those who have trouble trying to fit a life of an investor with a life a family man working a w-2 (like trying to fit a square peg into a round hole).
If you’re not already an organized person, it’s a difficult task to master I’ll be honest.
But one of the biggest things that needs to be done is create a weekly and monthly task list.
A list of things that NEED to be done on a daily basis.
I’m not talking about outsourcing (yet). But, breaking down your business into “must-do” tasks on a monthly, weekly, and daily checklists.
The majority of your business might be acquisition.
So, that means Monday through Saturday, you set out days where you do at least one thing to reach out to new seller leads. It might be every day. It might only be Saturdays where you door knock. It’s really up to you and what your time can afford.
And, you might have set days where you follow up…
… Set days where you manage your contractors… where you follow up with buyers, etc.
But also incorporate rules with that. Like for example, in my land business, closing a buyer takes priority. If there’s a buyer ready to go, I send him/her the documents ASAP.
This is difficult to do I know.
But if you’re living a double life of a entrepreneur AND a family man with a w-2… you DON’T want to live your life on a “as-need-basis” running around doing every next task that seems like it’s a priority and skipping others.
Maybe you can get away with it and build a business with it.
It’s worked sometimes (randomly) for me.
But at the expense of sacrificing time with family, and always having a sense of overwhelment, and not really knowing what to do next.
This is the basics business planning and scheduling.
Probably the biggest part for real estate investing and mobile home investing is acquisition.
So that’s simple.
Develop a weekly plan of tasks to acquire new leads and follow up on old.
If you need new ideas for generating leads the “old school way”…check out our MMTNG full seminar where Stephen Mckee shows you 40 uniques ways to get deals, and how to make every lead into a deal.
See it here: www.millionairemakersnextgen.com/mmtng
Paul do Campo’s views and opinions do not represent the opinions and views of any speaker of MMTNG.
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Chino CA 91708
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