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Updated about 1 year ago on . Most recent reply

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Kyle Lipko
4
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Feeling Stuck in Analysis Paralysis

Kyle Lipko
Posted

Hey everyone – just wanted to put this out there and see if anyone else has been through the same thing. Lately, I’ve been deep in research mode... digging into markets, running numbers, listening to podcasts, reading books – basically doing everything except actually making a move.

I feel like I’ve hit that classic wall of analysis paralysis. I want to take action, but I keep second-guessing myself, waiting for the “perfect” deal or trying to learn just a little more before pulling the trigger.

If you’ve been here before, what helped you finally take that first step? How did you push past the fear and just start?

Appreciate any advice – or even just hearing that I’m not alone in this.

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Collin Hays
#4 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
4,563
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Collin Hays
#4 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
Replied

Any business endeavor is this way. It's hard to pull the trigger. I remember when I started opening up Great Clips franchises in my market. It was hugely expensive (at least for me), and I was in disbelief and despair. But after I pulled the trigger, I knew it was "do or die", and I wasn't going to die. So once you pull the trigger, failure won't be an option, and you'll just fight your way through to success. JUST MAKE SURE YOU ARE CAPITALIZED AND ASSUME WORST CASE IN ALL YOUR PRO FORMAS.

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SMOKY MOUNTAIN FALLS INC.
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