Are You an Asset or Liability?

Patrick Riddle here with 2 questions:

• Have you ever thought of yourself as an asset? 
• Have there been times when you goofed and considered yourself a liability?

Whelp, I’m dishing out some tough love — you’re going to have to take a good, hard look at yourself… with a few more Qs to help:

• Is your business stagnant or growing? What about you, as a person — are you learning, developing, and growing?
• Are you taking actions that are getting you closer to your goals or do those goals seem further and further away?
• Are you taking action despite your fears or are they holding you back?

Lots of questions, I know, but stay with me…

If you and your business are growing… if you’re taking steps toward your goals… if you’re taking the right action… you’re an asset. 

If not, you’re a liability.

You have to be an asset. Simple as that. Because real estate investing and building your REI business require it.

But how?

I’ve got you covered… we’re looking at the 4 core areas of your business, which, when done correctly, will make you an asset. 

#1 Education

You’re an asset if…

• You read helpful, relevant, informative blogs, articles, papers, books — on a regular basis.
• You are committed to “Constant And Never-ending Improvement” (CANI).
• You are always learning — from your experiences, people you meet, and the fail-forward mistakes you’ll inevitably make along the way.
• You take massive action.
• You realize that the actual learning of this business comes from taking action… not from a course or seminar.

#2 Language

You’re an asset if…

• You use positive language to speak confidently about yourself, your skills, your business. and your future.
• You never say “I can’t” but instead ask “How can I?”
• You are confident in proclaiming that you will do anything and everything you set your mind to.
• You avoid useless and weak words like “try” or “wish.” 

#3 Planning

You’re an asset if…

• You follow this motto: “He who fails to plan, plans to fail.”
• You know that with a strong enough “why,” the “how I do this business” will figure itself out even if you’re not quite sure how to do it just yet.
• You are flexible and not afraid of changing plans as you go.
• You do the best you can with what you have.
• You have goals and know what you want your business to be — and you have the written plans to implement it all.

#4 Network

You’re an asset if…

• You foster existing relationships and actively seek out and build new ones
• You put yourself out there through small business associations, REIAs, Rotary, Chambers of Commerce, and BNI.
• You are always meeting new people — no matter if you hate doing it.
• You know that your network is a giant piece of your business.
• You surround yourself with positive, driven people.  

So, let me ask you again…

Are you an asset or liability to your success?

All it takes is 1 decision — right now — to change from a liability to an asset…

Using these 4 core areas, decide here and now to get more educated, speak the language of success, plan your goals and future, and build a strong network. 

“Where failure is experienced, it is the individual, not the method, which has failed. If you try and fail, make another effort, and still another, until you succeed.”
                                                                            ~Napoleon Hill, “Think and Grow Rich”

When you are an asset to your business — and you make that effort repeatedly, you’ll reach the ultimate, singular result: your success.

I’ll leave you with some helpful action Steps:

• Change now if you’re currently a liability.
• Educate yourself.
• Speak the language of success.
• Plan your goals, where you want your business to go.
• Take action on those plans.
• Grow your network even if it’s scary talking to new people.