May 2020

I have been blogging about acquiring 50 rental units in 2020. I have about written about the journey through vetting deals, building a lead funnel, and even discuss some of the negotiations. So, this past month, I decided to take a new approach to refresh and re-evaluate on what I need to do to achieve that goal. I finished reading The Four Disciplines of Execution by Chris McChesney, Sean Covey, and Jim Huling. It is an essential, straightforward, tactical book that could transform an organization or one’s personal self. These principles and disciplines learned have impacted me more so than any other book I read this year. This will be a book I turn to often.

The first discipline is to clearly define my goals for 2020. For this blog, the wildly important goal is acquiring 50 rental units. So far this year, I stared at the goal on my wall. I wrote it down multiple times. I have been going through the process of what I thought are the right steps to obtaining the goal. In January, I wrote down lead measures for achieving that goal. I have stuck to those goals, but I have a broad timeline to achieving the overall goal. I decided that from here on out, I will re-evaluate my lead measures (discipline 2). I will assign a date in which I need to complete each sub goal. This will provide me a visual scorecard to check my progress (discipline 3). With these disciplines in place, I now create a cadence of accountability (discipline 4). The approach from here on out is execution.

How does all this tie into what I am a looking to achieve this year and years down the road? At the beginning of the year, I had more than ten goals. I stretched everything thin and could not devote full attention to each individually. I took May to re-evaluate what goals are the most important to catapult forward. I went from more than ten goals and brought that number down to three. I applied what I learned in 4DX to streamlining the way in which I work. I will take this approach to re-dedicating to this specific and important goal, Acquiring 50 Units.

I will conclude this blog with a quote by Henry David Thoreau:

“What you get by achieving your goals is not as important as what you become by achieving your goals.”