Running A Real Estate Business in a Post Coronavirus World.
If you’re like us, you definitely didn’t see 2020 turning out quite like this…
For many of us, restrictions like quarantines, mandatory curfews, and rationed goods were only existent in dystopian novels. Yet, in a matter of weeks, the Coronavirus has managed to pull our social norms apart in a truly historic fashion. And while social distancing is a necessity for us if we want to kick this novel virus to the curb, American’s sequestered within their homes are starting to get a real life experience of what our lives would look like without our precious freedoms.
We’re a strong and resilient nation and we will get through this!
For now, let this time be a reminder of how sweet our freedom really is…
Freedom is awesome, right? We love the word! In America, we are all about freedom. There are songs, books, poems, and monuments that recognize our blessing of freedom. We live in the land of the free! But what does freedom actually mean?
Let’s look at a few definitions of freedom from the Oxford dictionary:
- Freedom is the power or right to act, speak, or think as one wants without hindrance or restraint.
- Freedom is the state of not being imprisoned or enslaved.
- Freedom is the state of being physically unrestricted and able to move easily.
- Freedom is the state of not being subject to or affected by a particular undesired thing.
What freedom looks like varies from person to person.
Take some time this week to define what freedom in business looks like to you.
Chances are you probably became a real estate entrepreneur and business owner out of your own internal pursuit for freedom. But, freedom in business varies from person to person and it’s defined by each of us individually. It’s based on what’s most important to us.
You might define business freedom as choosing your own hours, or having a flexible schedule that allows you to invest your time in what you enjoy the most. Or you might define business freedom as being your own boss, or being able to make as little or as much income as you want.
No matter how you personally define freedom in business, it’s important that you’re assessing where you’re at based on which freedoms matter the most to you.
Take some time this week while you’re at home to put your definition of business freedom in writing so you can assess where you’re at later on down the road.
Take a freedom health assessment for your business.
Do you really have freedom in your business?
Once you’ve defined what freedom in business looks like to you, it’s important to take regular freedom health assessments to see if you’re aligned with those freedoms on a regular basis. Here are some warning signs that point towards your business freedom being in jeopardy:
- You’re stressed out regularly.
- You’re missing out on events and activities that you really want to attend, but can’t because of your workload.
- You’re doing everything for your business. You’re stuck working in your business and not on your business.
- You don’t let go of tasks or delegate tasks that can be done by an administrative assistant.
- You’re no longer feeling purposeful or excited about what you do at your business.
- Everything seems to be falling apart and you’re about ready to raise the flag.
- Your business can’t stay afloat and run if you’re not there for an extended length of time.
What are you a slave to?
Have you noticed any of the above warning signs? It’s incredibly easy for real estate entrepreneurs like us to become enslaved by the very things we left our previous careers to get away from. But knowledge is power! So ask yourself— what is enslaving you within your business? Here are some of the common traps we real estate entrepreneurs fall into.
Running your business?
Tired of trying to do everything by yourself? The most successful entrepreneurs recognize the value of help. They understand that they were never meant to do it all alone. They utilize the power of products, services, and people to reach their success.
Your phone?
Is your ear getting hot? Worried about 5G or hearing phantom ring tone noises all night? What if you never had to take inbound marketing calls again? Wouldn’t that be great if there was a service that did that for you?An affordable service that sifts out the tire kickers and sends you only the serious sellers who are pre-qualified and ready for an appointment would be a life saver. Right?
Cold calling?
Super yuck! Get this off your plate as soon as earthly possible. Sure it’s still wildly effective… But once you take that next step up from novice to intermediate real estate entrepreneur, contracting this out is beyond worth it! Like, “to Infinity and beyond,” worth it! In fact, it will save your business since this is one of the top tasks that can cause burnout and bust productivity.
Marketing?
It’s impossible to stay consistent when you’re busy. But you need to be busy to make great money… So… Something’s gotta give. Inconsistency in marketing is one of the main things that keep businesses from growing. This couple scaled their business from novice to intermediate, and quit their basic jobs in just 90-days by solving their marketing problem that rose up when they were busy flipping a house. In fact, they made more money in the last three months than they used to make with both of their annual salaries combined! Consistent marketing was a huge open door of opportunity for them!
The clock?
What is free time? What is a vacation? What is family dinner? If you’re asking yourself these questions, then you’re a slave to the clock. And guess what? Time never slows down. NEVER. How much time have you lost?
Money?
Money is great. We all love money! But when money makes you miss out on years of your life, or worse, years of your family’s life, then you’re definitely a slave to it. Anytime you put money above what you value the most, you’re compromising your core values. That’s not only damaging to those around you, it’s also damaging to your mental and physical health.
Money is supposed to be a wonderful byproduct of your hard work. Not a motivator that steals your life away by making you overwork and under delegate. Money steals your family time, your personal freedom, your business freedom, and it steals your life away…
Are you compromising your core values for the sake of money?
Finding business freedom is a journey… Here’s where to start.
Are you overwhelmed by the number of freedom busters that are keeping you from growing your business, and from cultivating freedom in your business? You’re not alone! Before you can begin breaking those shackles off, remind yourself that finding freedom in your business is a marathon, not a sprint.
The best place to start is by ditching those freedom busters as fast as possible! Our team at RealEstateInvestor.com specializes in helping real estate entrepreneurs like you find freedom in your business.
We believe that in order to be truly free in your business, you should have the systems and services in place that can keep your business running even when you’re not there.
At realestateinvestor.com we’re on a mission to REIgnyte your business and REInvent your life!
We believe that you can get your life and your business freedom back with the right innovative tools, proven processes, and a fully managed team that handles it all! We’re a true all-in-one solution for real estate entrepreneurs, and our platform was created to scale to fit your needs!
If you can shake free from the mundane day-to-day running of your business, you’ll have more time to focus on growing your business, closing more deals, and identifying new and exciting business opportunities. We’ve seen this work again and again with our members who allow us to carry the load for them! Will you give us the opportunity to do the same for you?