One of the big motivators for becoming a real estate investor is to get out of the rat race. Real estate investing can be an 80 hour a week job, or it can provide you with financial freedom and a lifestyle where you get to choose how, when, where, why. The key is to become an entrepreneur. Many think of an entrepreneur as just a business owner, but an entrepreneur is much more. An entrepreneur can be sipping on Mai Tais in a far off land while his/her business or better yet businesses are running themselves and increasing net worth and cash flow. Here are some tips to become a passive investor and true entrepreneur.
Passive investing tips, become an entrepreneur
Have you ever heard that only 4% of seminar and boot camp attendees actually do something? That means 1 in 20 people at your weekend seminar will succeed. Most people will say it is because they do not do anything. While I agree with that, I think the reason they do not do anything is they are intimidated by the time it will take for them to build the business. To overcome this: create a strategy, systems and a team that can separate you from daily processes. Then focus on entrepreneurial activities. Once you achieve this, get some hobbies, volunteer, give back and spend time with your family with all the free time you will have. Happy Investing!
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