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 you now 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. You took action by signing
up to my newsletter!
Why not now make the second
move and come to one of my seminars?
Posted on: 11th Oct 2009