Why is real estate coaching so vital for all investors who are serious about success?
Coaching is a must, not just a “nice to have” option. At least if you are getting in the game to win, not just have fun as a hobby. Here’s why and the benefits of quality real estate coaching that may change your mind if you haven’t tried it yet.
Real Players & Winners Have Coaches
Can you name a single Olympic athlete or famous business leader that hasn’t had a coach or mentor? Extremely unlikely.
No matter how great they seem, they’ve all had great mentors and coaches. Typically more than one. It doesn’t matter what your IQ is, how much natural talent you have, or where you grew up and who your parents are. None of that will get you on an NFL team without some serious coaching. Top CEOs have plenty of coaching and advisors. As do hot shot younger tech entrepreneurs. Even music artists who appear to be discovered overnight successes have coaches and help. Even Warren Buffett has had them, and Tony Robbins, who is a famous lifestyle coach himself.
You haven’t heard of all the others who may have been intelligent and talented, precisely because they didn’t invest in themselves and coaching.
It’s ironic that even many of the newer investors who once posted on BiggerPockets that they didn’t think you need coaching now spend many thousands of dollars each year on it, and are now promoting themselves as coaching.
It’s a must. Period.
Reaching Your Full Potential
It’s true that you can stumble your way into real estate investing without a coach. Maybe you’ll even flip a few houses or buy a few apartment buildings. You can probably do a lot more than that.
Coaching is where the magic leaps happen. Where you can go from 10 deals a year to 10 a month. Or from 100 deals to 200.
Coaching is the tool that can help you go from well paid, but crazy busy and stressed, to truly profitable, wealthy and have peace of mind and have time to enjoy life.
Your coach is the one who can often see how vast your potential is, even when you can’t. They’ll make you see that far more is possible.
If you’re smart, talented, and have done a lot DIY learning, with some luck you might get some great results off the bat. Maybe you’ll crush your five year goals in a year, and make more money than you thought possible. Many have. Only, without that next level insight from a great coach, it can all come crashing down just as fast.
The only thing worse than never making it to the top is losing it all because it was stitched together in a very unsustainable way. Often with fatal flaws you didn’t even see coming.
The best coaches will help you scale and ensure you are creating lasting success.
From actual investing to building and growing a business, real estate coaching brings a lot of added and essential efficiency.
It is very competitive out there today. There is still room for you to win and reach all your goals. Yet, that isn’t going to happen or last you are really operating hyper efficiently.
You need to be learning, growing and operating the most profitably you can. You’ve got to be fast and get the most out of your resources. That’s really virtually impossible if you are relying on taking the DIY trial and error approach to everything, while your competitors are getting top level advice.
They know what’s really working and not behind these scenes across the whole map. Use their experience and hindsight as your own.
Avoiding The Expensive Pitfalls
There are many common mistakes investors are bound to make on their own. There are many potential pitfalls you can fall in that can bankrupt you overnight. Even if you are big already. There are many threats you won’t expect. Most of all this can be avoided. What can’t be avoided can be prepared for. This is where some of the best value of coaching comes in.
Accountability & Progress
We may have big visions, knowledge and talent. Yet, even the best can be dragged down by going down the wrong rabbit holes and just getting too busy on the wrong things. A coach will keep you focused, accountable and making consistent progress on the right things.
Don’t have coaching yet? Try it and see the difference it can make.