7 Lessons I’ve Learned By Doing All The Work Myself…and how I’ve graduated from the DIY game.
And why I would not change it for anything.
I started by doing all the work myself. But here is what I learned and how it has helped me today.
1. Embrace the Learning Curve
In the beginning, doing all the work myself was the only option. I learned invaluable skills—plumbing, electrical work, and more. It began as a necessity in small-town living, but it laid the foundation for understanding every aspect of my investments.
2. Resources Are Your Allies
From Black and Decker books to the vast world of the internet, resources have been crucial. They guide you through the intricate details, like running a 3-way switch in an 1880s house. Accepting help is a strength, not a weakness.
3. Acceptance and Truth
Understanding that some things can’t be changed without blowing the budget or timeline is crucial. Accepting the truth about a property’s condition and strategically improving safety and aesthetics is a practical approach.
4. Flexibility Is Key
Plans change. Opening a wall in a property is like opening Pandora’s box. Adapting to unforeseen circumstances and embracing flexibility has been a key factor in navigating the ups and downs.
5. Decisiveness Matters
Making decisions promptly reduces stress and streamlines execution. Having a plan and eliminating unnecessary decision-making processes has significantly improved my efficiency.
6. Transferable Skills
Skills acquired in one industry can seamlessly transfer to another. I’ve applied knowledge from working at a software company to parenting and leadership, showcasing the power of adaptable skills.
7. The Importance of WHOs
Identifying the right people is crucial. Learning from my dad’s experiences, both positive and negative, helped me make strategic decisions in my own journey. Surrounding myself with reliable contractors, property managers, and partners has proven to be a game-changer.
I could go on about the various roles I’ve played and how I strategically bring in the right people for those roles. If you’re interested in discussing these insights further or exploring potential investment opportunities, please reply to this email or let me know a time that suits you for a brief call.
I’m going to do something incredible in 2024 so stay tuned…
I help people experience predictable results.
I’ve shed two identities since 2022 and believe you can do the same. The beauty is that YOU get to decide your future. If you want help, from finding investments with outsized returns to overcoming limiting beliefs from your past, DM me to start a conversation.