I get asked quite often how did I manage to become so successful in investing in property? The flattery is very nice but I do not consider I did anything special. All I did was take action.
I remember I used to spend 10 minutes a week browsing the local newspaper when it came out on a Thursday to see if there were any bargains that had come on. These were the days before the internet and email alerts etc. Usually there were none but once in a while there was. Since I had no big buying quotas at the time (unlike now!) this would suffice.
Now no one forced me to read these newspapers. It wasn’t much of an effort. I used to scan the newspapers whilst chatting at my Mums or girlfriend’s house so it was not as if it required any great concentration. In fact after a while I knew the estate agent’s pages and how they listed them i.e. cheapest first or last I could scan a page in seconds whilst having a fully coherent conversation!
The key point was I took the action of scanning the local newspapers. That’s all. This minuet action which I would perform once a week is what has given me my wealth I have today. The wealth being:
TIME
Now I have the obvious signs of wealth to the outside world such as a nice home, car etc. but the real wealth is the time I have for the people around me. This as mastercard would say is PRICELESS!
Now if I had known that the 10 minute process I performed back then of scanning newspapers for property deals would have resulted in the wealth I have now I would have spent more than 10 minutes doing it! The power of hindsight eh?
Anyway the point is I did it. I took 10 minutes out of my week to do something for the betterment of my personal situation. I took action. Back then I had decided to:
- Start an investing career
- Take action
That’s it. These are the only two things that are between younow and you where you want to be. The difference between success and no success.
If I had decided I did not want to start investing I would not have scanned the newspapers. So it was important that I said to myself that I wanted to START.
The next thing I had to say to myself was DO SOMETHING. i.e. take action. It took the form of simply reading the property pages of the local press.
I am SO GLAD I did that. Now I always take action as I know how rewarding taking action can be. It gives me an inner contentment as I know I am always getting more from myself. There is something very rewarding about success.
So can I ask you:
- Have you started?
- Are you taking action?
Now be honest with yourself. I am presuming you want to start investing. That’s why me and you are talking. Learn More.