June 13, 2012 · 1 Comment
Why is it that the wealthiest and most successful real estate investors have coaches?
It is obvious from both the top performers in the real estate investing industry to the world’s other top business leaders that enrolling in coaching is one of the consistent traits that sets the best apart from the rest.
Investing in a good real estate education course whether an investment system or college degree provides a great foundation for a profitable run in flipping houses but at some point the ultra-achievers distance themselves from the pack with coaching.
Why is it that sports teams spend so much on coaching if it isn’t important? Why is it that many extremely talent athletes, entrepreneurs and artists fall flat and never reach their true potential when they refuse to be coached?
Coaching can make all the difference in not just your financial future but reaching your maximum potential. You may already be making 7 figures but is that all you’ve got in you? Or couldn’t you do it in less time?
In order to join the elite you don’t just need a coach, you need to be coachable, just as you know you can take a talented and motivated employee and make them become even greater if they are coachable or as some may relate to their choice of spouse.
7 Advantages of Coaching:
An established coach can give you the benefit of the experience and testing of thousands of other real estate investing pros and their budgets over their years.
For you this means:
- Avoiding extremely costly mistakes
- Maximum marketing ROI
- Reduced overhead and fatter profit margins
- Staying on top of emerging trends
Despite our best intentions and goals it is always easier to see them through when there is someone else holding us accountable to them.
3. More Innovation
Real estate coaching can help investors to maintain an open mind and fuel more creativity and innovation.
A coach can certainly help in leaping pitfalls and achieving results faster. No need for more lessons on the time value of money here – that should be obvious.
5. 2nd Opinion
Sometimes tunnel vision can drive investors in the wrong direction with disastrous consequences. It is always wise to get a second opinion from someone with an educated outside perspective.
6. Connecting You with Others
One of the most overlooked benefits of coaching is adding to your real estate education and resources by introducing you to priceless new connections.
A coach will challenge you to be the absolute best you can be and to become far better where you need it the most (often the areas you neglect the most too).