Investor Cheat Code Podcast with Mike Simmons

259 – How to Approach a Huge Challenge in Your Business


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Today I want to talk about my philosophy when it comes to approaching a huge challenge in my business, and I suggest that you use the same philosophy.

I know a lot of you are either new real estate investors or haven't started yet. So for you, the challenge is to start your business! There are a lot of steps for you to complete to really get your business going, and you will definitely have a lot of questions and concerns along the way. There are a lot of potential challenges. So how should you approach them?

Break them up into smaller pieces. For example, if you're just starting out, don't worry  about selling or rehabbing right now. Focus on the first step: finding your first deal. And then break that challenge up into even smaller pieces. Start with finding a realtor or going on Craigslist.

When you're faced with a daunting process or challenge, break it down into smaller pieces, and then attack one piece at a time.
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