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TooMany InvestingTrends? HOW TO STAY THE COURSE AND NOT GET DISTRACTED BY SO MANY NEW WAYS TO INVEST
by Arianne Lemire
1. Have you systemized your current investing business to a point where you can devote 80 percent of your time to learning a new skill for this trend? If not, you first have to systemize your business. 2. Are any of the trends something you can apply easily to your existing business? For example, perhaps the trend is a new marketing channel, and you have
If it passes all these three questions, then this trend might be worth taking more of your time to investigate. Really dig into it and create a plan for implementation. If not, you can leave it in your “Opportunities List” and review it again later. You will have time to explore it again later, but for now, your core business is more important. Sometimes trends are a no for now, but not no forever . •
ne of the great things about real estate investing is that there are
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100 different ways to make a million dollars. However, that also becomes one of the biggest challenges. Should you start working at these five dif - ferent trends you just learned about at the most recent event? Next thing you know, your main business and investing strategy suffers and zero of the five new trends have produced anything for you. I’ve been there. More businesses die from indigestion of too much opportunity, not a lack of opportunity. We must always protect our time, focus, and core business. I have found the best thing to do is write down a list of all the new trends you want to try. Let a few days go by, then look at that list again. Then con- sider these questions:
capacity to add a new one and have marketing personnel with bandwidth. Then it might be a good fit.
Through Wealth Gym, and creating free content for her YouTube channel Ask Arianne, where she shares what she’s learned about money and real estate
3. What is your core genius? Does it apply to the new trend? If yes, then it might be worth looking into, if not, then it might be a distraction.
investing, she aims to empower one million people achieve time and financial freedom so they can live an abundant life with their families, and have the time and resources to share their unique passion and purpose with the world.
74 | think realty magazine :: august 2021
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