You can do anything, but you cannot do everything – Robert Helms
About a year ago, I was driving home from work and listening to the Real Estate Guys Podcast, a top choice of mine for education and inspiration. In this particular episode, Robert Helms and Russell Gray were discussing goals and mission.
They were emphasizing the importance of your “Why” and how you should identify it before endeavoring on your mission, whether it is growing wealth through real estate, starting a business, creating a non-profit, etc. They argued that without a solid understanding of why you are doing what you are doing and the intended outcome, “you can find yourself finally at the top of the mountain and realize that you climbed the wrong mountain.”
Here is an example they provided. Robert knows a friend who has been making over a million dollars a year from his real estate portfolio. We would consider this to be great success and perhaps even enviable. But Robert shared that his friend is miserable. The job that he created for himself is stressful, taxing and difficult. He wants a simpler life. This cautionary example is eye opening for me.
As I work to scale my own real estate and by helping others create wealth with Robinson Capital, the advice from this episode is now hard-coated in my brain, reminding me to know what is my goal, the outcome of wealth creation, as well as the lifestyle that I seek.
We only get one life, and most of us recognize that. If you are reading this, you are likely trying to maximize your purpose and create wealth for some sort of legacy or mission. But if we are not careful, we just might find “success,” and at the expense of our sanity and health. Some people knowingly make that trade off. My argument is that money can always be replaced (the Fed just printed trillions of them), but your brain cannot, your health cannot, and your family cannot.
As Robert Helms stated, “You can do anything, but you cannot do everything.” Focus, strive towards your goals, but make sure the years of effort and sacrifice are in alignment to the mission so that you are certain you are climbing the right mountain.
Passive Investor Startup Guide
To find out more about what it looks like to invest as a passive investor in multifamily real estate, download our free Passive Investor Startup Guide here!
Popular Passive Investor Articles
- – Mindset: Freedom through passive investing
– What is multi-family syndication?
– Do I have to be accredited to invest in a syndication?
– How passive investors can find great sponsors
– What to look for in potential syndicators
– About Robinson Capital
.
Rodney Robinson II
[email protected]