What You Do Is More Important Than How Good You Are at What You Do

 

It took me 37 years to figure this out.

In 2017, I saw a post about a friend of mine who purchased 200 + doors of multi-unit residential properties.  He controlled $20,000,000 worth of real estate.  In order for him to make $1,000,000, his real estate investments would have to increase by 5% in value.  That's it. 

He compared himself to his doctor/dentist/business owner friends who were all successful in their own right, but could not touch the power of a $20,000,000 rental portfolio. 

When I read this, it was a hit in the gut.  I almost puked, because I knew he was right.  

This made me ask myself 1 question: What am I good at and how do I put that in front of money?

Answer: I'm good at technical home runs.  

Where is the greatest opportunity with my skill set?

1. Commercial Mortgages
2. Commercial Real Estate Sales
3. Development of Real Estate

This is where I'm going.  

Ask your self, can your business compete with a $20,000,000 rental portfolio?