Financial Freedom with Real Estate Investing

MB 194: How to Crush It in 2020: 6 Steps to Setting Goals You WILL Achieve

12.30.2019 - By Michael Blank, Garrett LynchPlay

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It’s that time of year again. Time to set goals for the year ahead and start working toward your dream of financial freedom. But what’s the best way to set goals and commit to following through? How do you avoid overwhelm and keep going no matter what? On this episode of Apartment Building Investing, I am sharing my top 6 tips for setting goals you CAN and WILL achieve in 2020. I explain why it’s crucial to find your WHY and state your goals clearly—over multiple time frames. I go on to reveal my secret to avoiding overwhelm, describing the value of consistency in working toward financial freedom. Listen in for advice around leveraging practice to develop confidence and learn to commit to doing your first multifamily deal, no matter how long it takes! Key Takeaways Tip #1—Develop your WHY Affords clarity, moment of decision Less about you = more powerful

Tip #2—State your goals clearly over multiple time frames Create yearly, 90-day, monthly, weekly and daily goals Short-term goals align with big targets (e.g.: analyze 20 deals)

Tip #3—Always do the next 3 things Best way to avoid overwhelm, keep moving forward Consistent with progress (i.e.: finish book, choose property manager)

Tip #4—Focus on the activity, NOT the outcome Analyze every deal and talk to everyone early on Knowledge + practice = CONFIDENCE

Tip #5—Be consistent Support network to keep on track (peers + expert) Recognize and celebrate milestones

Tip #6—Commit to the outcome, not a timeline Set deadlines for short-term goals under your control Keep going no matter how long it takes, no other option

Resources Tony Robbins Grant Cardone on the Lewis Howes Podcast The Miracle Morning: The Not-So-Obvious Secret Guaranteed to Transform Your Life (Before 8AM) by Hal Elrod Deal Maker Live Syndicated Deal Analyzer The Miracle Equation: The Two Decisions That Move Your Biggest Goals from Possible, to Probable, to Inevitable by Hal Elrod The ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Results by Gary Keller Michael’s Mentorship Program Podcast Show Notes Review the Podcast on iTunes Michael’s Website Michael on Facebook Michael on Instagram Michael on...

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