Updated almost 5 years ago on . Most recent reply
Lifestyle Business vs. Growth-Minded Business!!!!! Which are you?
Guys, I hope this makes you think! Lifestyle Business vs. Growth-Minded Business!!!!! Which are you??? It is not about how much you save by managing your properties, your rehabs, and everything else! It is more about how much you value your own time. How much are you really saving, if, to me, you are worth $500 an hour (finding the next awesome deal)? And also how much is your time worth away from your family and friends? To your family, you are worth $1,000 an hour plus. I hope you are putting the same effort and time into your family. Do not make the mistake I made in my first disaster of a marriage! It is all about balance!
- Jorge Vazquez
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@Jorge Vazquez
Balance is crucial. Thanks for the reminder Jorge, I have made this mistake often. Why I do believe I do what I do (work like a dog) for my family, there is just as much internal reasons (ego, competition).
Like many, I start my day with gratitude and review a list of reasons why I am doing all of this. Those reasons include time and lifestyle and put my days plans into perspective. Strict “default schedules”, etched in stone date nights with both the wife and kids, plan the day trips, soccer games etc, out in advance...
I agree time is more valuable than money and as I have scaled I have allowed lower returns in return for time - which has allowed me to scale.