Making simple decisions has the power to shift us in two directions simultaneously. While moving forward to one entity, we are also moving away from another.
Listen to learn why making decisions is a key component in real estate and business investing.
Hi, Jay Massey with the CashFlowDiary.com with another quick tip about real estate and business.
Today I'm going to uncover and help you rediscover a very important and lost skill set for most entrepreneurs.
Why is it that your business seems difficult? Why is it that it's challenging for you to get started? Could it possibly be that we haven't worked out our decision making muscles enough? We don't know or understand what it means to actually decide something.
What I find very interesting is that to be successful in business and to be successful at real estate, especially one of the things that we must learn to develop is the skill set of making a decision. By saying yes, we default to saying no to so many other things.
For example, if you don't have a skill set that means you must say yes to going to acquire it, which by default could mean that you are saying no to sitting by the pool with your friends. It could also mean you're saying no to that extra dinner party.
It could also mean that you're saying no to many, many other things that you definitely consider valuable.
It's the concept of sacrifice. Some of us think that that word is hard and I know that I used to. It was very, very challenging to deal with. Then a definition of sacrifice came into my life. It's simply giving up something good for something that is perceived to be better. It made it easier for me to go ahead and decide to go after the things that I thought would be better. It's not like I'm saying, “No. These things are bad.”
It's just that I think these things are better. It begins to create a situation in which you are able to make decisions really, really quickly.
Here's the point. Oftentimes when we're in business or real estate we have to hire people.
We have to fire people. We have to do contractors. There are so many decisions that need to be made. We lose more money. More opportunity is lost through indecision and no decision than actually making the wrong decision.
If you like information like this and you'd like more of it, feel free to catch us on the CashFlowDiary.com podcast, or go over to our website. While you're there, feel free to take advantage of our complimentary course, Cash Flow Foundation.
It's step number one inside of our Cash Flow Creation system that teaches you how to create your own personal cash flow pipeline. It's literally like having cash that just comes straight to your door.