From Craig Fuhr, The Fix & Flip Artiste …
One of my favorite questions for new investors is:
“What do you want to make next year with your real estate business?”
I’ll get answers ranging anywhere from $100,000 to $5 MILLION bucks. Now listen, NO ONE would ever accuse Craig Fuhr (yes, I did just refer to myself in the 3rd person) of being a dream stealer. I love dreaming big – but $5 MILLION? C’mon, dawg!
The bigger question is:
“Why does this person think they need to make $5 million?”
As you sit down to contemplate your goals for 2015, you should first think about why you got into the business of real estate investing…
Ask yourself, “Why am I doing this?”
Most people answer, “I want more freedom in my life.”
I’m down with freedom and being able to live the life you want, but do you really think you’ll have a lot a freedom while building a $5 MILLION dollar per year business? Forget about the 5 million – do you think you’ll have much freedom while building a $300,000 per year business?
Maybe – but only if you first get a serious grip on the amount you need to make versus the amount you want to make.
A Quick Story