Time Management Mistake Real Estate Investors Make That Costs Them Thousands
Faisal Ensaun
I help Multifamily real estate investors go from employee to CEO and create a life of freedom, with meaningful contribution without torching their health, happiness or wrecking their relationships through the FP method.
Hello, amazing investors and entrepreneurs! I’m excited to share some insights with you today about a common belief that may be holding you back from achieving your full potential: the idea that “I don’t have time.” As I sit here in one of my favorite parks in Eastern Canada, surrounded by the vibrant colors of fall, I can’t help but reflect on how this belief has impacted my journey.
The Busy Work Trap
For many entrepreneurs and investors, the phrase “I don’t have time” is all too familiar. We often find ourselves rushing from one meeting to the next, drowning in tasks that seem urgent but don’t contribute meaningfully to our goals. I’ve been there myself, working 65 to 70 hours a week, feeling overwhelmed and unfulfilled. I remember my mentor sitting me down, challenging me to analyze my calendar. What I discovered was eye-opening: about 35-40% of my time was spent on activities that didn’t yield a return on investment (ROI).
Finding Clarity Through Strategic Thinking
The turning point for me came when I decided to make time for strategic thinking. I realized I needed to step back and assess what truly mattered in my life and business. This process of reflection allowed me to prioritize the key moving pieces that would create a better path forward. I encourage you to take this time for yourself. What is truly important to you? Are you spending enough time on the activities that align with your values and long-term goals?
One of my clients recently experienced a significant breakthrough. After spending a dedicated eight hours with me in Santa Fe to work through her life and business strategy, she remarked how the clarity she gained would propel her forward. This time spent was invaluable, allowing her to focus on what really mattered instead of getting lost in the whirlwind of daily tasks.
The Power of Making Time
It’s crucial to understand that you have the power to create the time you need for strategic thinking. Many of my clients have successfully transformed their businesses by doing just that. For example, one client in the logistics industry made a habit of dedicating time each Wednesday to think strategically about his business. This commitment eventually led him to secure a 20-year government contract. He credited this success to the time he spent reflecting and planning, which he would have never achieved without carving out that space.
I want to challenge you: When was the last time you took a step back to strategize your business and personal life?
Join Me for a Free Workshop
I invite you to join my upcoming free workshop Productivity Mastery on October 31st. Yes, I know you might be thinking, “Three hours? How can I spare that time?” But let me assure you, this workshop will be an interruption you need to create a better future for yourself. During this session, I’ll guide you through a process to identify blind spots and prioritize what truly matters in your life and business.
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You’ll also have the opportunity to connect with other like-minded entrepreneurs and investors, sharing insights and strategies that can propel you forward. I’ll help you create a plan that will not only enhance your productivity but also ensure you’re aligning your actions with your goals.
Conclusion
In my journey from working long hours to successfully running two businesses in just 37-38 hours a week, I’ve learned the importance of being intentional with my time. It’s not just about working harder; it’s about working smarter. Let’s make the most of our time together. I’m excited to support you on this journey to unlocking your productivity potential.
Make sure to register for the workshop, and I’ll see you there! Together, we can create the impactful change you’ve been seeking. Remember, the first step is to make time for yourself—because you are worth it.
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4 个月Love this I am traveling will miss it though ??