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This vlog, Danny talks expands on what it means to be a Flip Pilot, and what it takes to make measurable progress with your real estate investing business. Don’t forget, all of the vlog episodes (and more) are available on the FlippingJunkie YouTube channel at http://youtube.com/FlippingJunkie
Here’s today’s episode:
What does it really mean to have a 30,000 foot view of your business? You have to really take a deep look at it and where your business is going, but you also really need to take a look at yourself.
Staying in place without anything driving you personally will affect how your business expands. You need to take a closer look at why you get up in the mornings, what keeps you motivated, and how you’re growing as an entrepreneur.
The biggest concern is making sure you’re not overloading yourself with too many goals that aren’t realistic, or that are too distracting. “Shiny Objects” can get in the way of you developing what you need to for your business to continue to be a success. That’s something that we struggle with. Staying focused and on track, and completing one goal before you move on to the next one is essential for a healthy business.
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Welcome to the Flipping Junkie Podcast, the podcast for flip pilots everywhere. Flip pilots are the house flippers that work more on our business instead of in our business but keeping 30,000 ft view. You’re now part of this small group of house flippers that consider themselves flip pilots. Let’s strive to build a way for financial freedom and time freedom so that we can spend more time doing what we love with who we love. In this podcast, I give you a glimpse of the daily life of a flip pilot, so let’s get started.
Hey everybody, welcome back to Flipping Junkie Podcast and video log. I hope you guys are having a great day. It’s spring break right now and it’s beautiful in South Texas. It started out this weekend – it was like rainy and cruddy. We don’t get a whole lot of that here, so it kind of stinks when it’s like that, but the sun came out the other day and it’s been beautiful since. But I’m in the parking lot of my dentist and seems like I spend way too much time at my dentist.
Buy anyway, I want to talk to you guys, I’ve been thinking a lot about more of the whole what it means to be a flip pilot thing and I just love that analogy obviously because I love aviation and stuff like that and flipping houses. But what it means, it’s having that 30,000 ft view of your business and taking a look at not just your business but yourself and your growth as a person. I’ve talked about this recently with our acquisitions manager and we’ve had some discussion about as far as like growing. If you’re not growing, you’re stagnant or you’re dying really, and just always kind of like learning and always having something a goal to reach or something to achieve, I couldn’t imagine not having something to achieve. I just feel like having something that drives you get you excited every day is so absolutely necessary. I think a lot of us as entrepreneurs probably struggle with maybe taking that to the extreme and just feeling like we have way too many goals. We’ve got “too many shiny objects syndrome” and stuff going on where we’ve got like a plan but we see this cool thing that we want to do and so we break off and we do that and we get bogged down in all this kind of stuff that we’re trying to do.
Honestly right, I’m hustling. I’m working a lot. I’ve probably, in the last three years, worked more than I have since I worked at my job before we started flipping houses and it’s finding that balance – not even a balance because I don’t think that that’s really the right word, but maybe finding the focus and finding the right way to achieve all this stuff and I’m sure you guys just struggle with this kind of thing too. It reminded me of a statement, one of my friends had said it, Eric I think was the one that was talking about it, but “It’s measurable progress in a reasonable time.” What that means is being okay with like having a destination, having what you want to achieve and being okay with maybe not achieving that right away. You’ve got to be comfortable with just being happy with getting measurable progress in a reasonable amount of time. As long as you’re making progress, you should be really happy about it because what we do is, if we have these like really big goals and we have all these aspirations and when kind of put off happiness until we achieve those, and it’s not the way to live, you should enjoy the process, enjoy growing, enjoy achieving those things. And so, I really like that and I have been thinking more about that and it’s measurable progress at reasonable time. As long as we’re making great progress towards our goal and in doing that I think a lot of us have these ideas of what our goals and our destinations are, right? So we’re a flip pilot, we’re pointing our plane in the direction we want to go which is true freedom. But along the way, there are some milestones and some stepping stones and smaller goals to achieve. I don’t think all of us, especially me at least, I don’t know that I really make those goals extremely concrete. I don’t make them very clear, so I’ve got this general idea of having the software to a certain level and having our flipping business to a certain level, but it’s not written out and it’s not a detailed plan. I think having that clear focus of where you want to be even if it’s not the final destination but some of those way points to kind of have that target to always focus on and point the plane at and pilot yourself in your business as you grow whether it’s a personal goal, it’s a business goal, family goal, spiritual or health exercise goal, any of those things. But having that concrete – something to focus on and definitely having it written out and seeing it all the time and if you do Miracle Morning or anything like that or you do meditations in the morning and you can daily every morning think about those concrete goals and so that you visualize those things and know that that’s what you’re working towards, so that when you see those shiny objects and you get those awesome ideas that we all get every day, we don’t just turn and start running towards those. Instead, we kind of have our eye on the price and being okay with the fact that we didn’t maybe accomplished as much we want, but we made measurable progress in reasonable time.
Hopefully this doesn’t seem like just a long ramble without any purpose, but it just goes into more of the thinking of being a flip pilot for your life and your business and having that 30,000 ft view, but determining that destination and maybe the way points along the way that you can focus on that are concrete and if you’ve got this general idea. I’ve had sort of a general idea of a marketing plan for the software and some of the guys we’re like, “What is it?” And I was like, “Well, I got this done and everything” but it sort of slight changes in and really need to ride it out and have that plan to kind of go by, so that I’m going to a certain point and then seeing a shiny object running that way. I think people, they get a lot more accomplished and every day in the 24 hours in the day, have that plan and stay focused on that plan as much as possible. Making the plan not so rigid that as soon as you don’t accomplish something or making it to where it’s like impossible to do, then you have those negative associations with it. It’s like being easier on yourself, measurable progress in reasonable time, and make your plan that way as well. Set it up to not fail so easily with it so that you can be happy about your progress that you’re making and staying focused on it.
Anyway, I hope that helps everybody out there and you have a great day. See you next time.