Set clear financial goals from "summary" of How to Make Millions in Real Estate in Three Years Startingwith No Cash by Tyler Hicks
To succeed in real estate or any other business, you must establish clear financial goals for yourself. This is a crucial step that many people overlook, which can ultimately lead to failure. By setting specific, measurable, achievable, relevant, and time-bound goals, you give yourself something to strive for and a roadmap to follow. Without clear financial goals, you are essentially wandering aimlessly without a destination in mind. When setting financial goals, it is important to be realistic and honest with yourself. Don't set goals that are too lofty or unattainable, as this will only lead to disappointment and frustration. Instead, set goals that challenge you but are still within reach. This will keep you motivated and focused on your objectives. Having clear financial goals also allows you to track your progress and make adjustments as needed. If you find that you are not meeting your goals, you can analyze the reasons why and make changes to your strategy. On the other hand, if you are exceeding your goals, you can set new, more ambitious targets to strive for. In addition to setting financial goals, it is important to regularly review and reassess them. Circumstances change, and what may have been a realistic goal at one point in time may no longer be feasible. By regularly evaluating your goals, you can ensure that they remain relevant and achievable.- Setting clear financial goals is the first step towards achieving success in real estate or any other business venture. Without a clear direction and purpose, you are likely to flounder and struggle to make progress. By taking the time to establish specific and achievable goals, you set yourself up for success and create a roadmap to guide you towards your desired outcomes.
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