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Top Reasons Why The “Average” Real Investor ALWAYS Fails…
By Sherman Ragland | July 16, 2007
There are several reasons why the average real estate investor ALWAYS fails.
At the top of the list is of course the decision to be “Average”, but more on that later.
One of the top 10 reasons that the AVERAGE REAL ESTATE INVESTOR is Guaranteed to Fail is of course, the LACK OF FOCUS…
In an earlier post to this blog, I talked about the TOP 10 Ways that investors are making money in real estate. Last year I added an 11th. If you take each of these 11 BASIC WAYS TO MAKE MONEY AS A REAL ESTATE INVESTOR and then multiply each by the various “twists” and combinations (of strategies) that creative minds tend to bring to the field of real estate investing, it appears that there are HUNDREDS OF STRATEGIES Available to Real Estate Investors for Making Money in ANY MARKET “Good” or “Bad”.
Unfortunately, and this is particularly true for BOTH the New Investor and the AVERAGE investor, the ability to be pushed along by every new idea like a new fallen leaf in your favorite fishing pond during the middle of a late day Summer Thunderstorm.
The Savvy Real Estate Investor, or as I like to say, THE REAL INVESTOR, understands the importance of picking on strategy and FOCUSING On it until it proves to be highly lucrative, or in-effective for them. The key, of course is to have someone who is a little more seasoned than you are to bounce ideas off of, <- Sorry Mrs. Pousche 
This again is the reason I so strongly recommend participating in a local Real Estate Mastermind Group. It is only through a Real Estate (Focused) Mastermind Group that you will find the more experienced real estate investor who can assist you in deciding if your chosen strategy makes sense, or if you are simply digging yourself into a hole.
In a future blog post I’ll talk more about HOW TO FIND THE RIGHT REAL ESTATE MASTERMIND GROUP FOR YOU, but for now let’s just focus in on this concept of FOCUS.
As you know, my favorite recording of all times is THE STRANGEST SECRET BY EARL NIGHTINGALE. It was based on the all time classic business/success book: THINK AND GROW RICH BY NAPOLEON HILL. Both THE STRANGEST SECRET and THINK AND GROW RICH, contain numerous insights into the secrets used by Multi-Millionaires, dating all the way back to ‘Robber Baron’ and Steel Magnet Andrew Carnegie. And as most people are now beginning to realize, THE SECRET, as highlighted recently on OPRAH, was not a “NEW” thing at all, but simply the repackaging of what Earl Nightingale taught over 50 years ago in CD/Tape, THE STRANGEST SECRET.
The FUNDAMENTAL Concept of THE SECRET, THE STRANGEST SECRET and of Course THINK AND GROW RICH is that you become what you think about, or stated more accurately, YOU ACHIEVE WHAT YOU FOCUS ON.
Whether it be New Age Philosophies, Timeless Business/Self-Improvement Books, Speeches That Become the “GOLD STANDARD”, or even pages from the Bible, the fundamental concept of FOCUS is a standard philosophy and one that every SUCCESSFUL REAL INVESTOR ultimately embraces, BEFORE getting rich.
Embrace the concept of FOCUS… FOCUS… FOCUS and you may soon realize that any one of the courses in your library shelf (well almost any one) will get the job done!
In the words of an ancient Chinese, African, Babylonian (Take Your Pick) Proverb: “He Who Chases Two Tigers Usually Captures None”.
Next Time, The Secret Every Real Estate Investor Can Learn From Oprah…
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Tags: creative minds, earl nightingale, mastermind group, multiply, new investor, nightingale, Oprah, real estate investing, real estate investor, real estate investors, sherman ragland, strangest secret, the secret, think and grow rich, two tigers, ways to make money
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