In this episode, I talk about the military mindset. I give you the top four ways in which utilizing a military mindset and approach in your business will help make you very successful in real estate.
First off, I want to make it clear that I am not, and have never been, in the military. I do have a lot of family members who have served in the military. This episode was definitely influenced by Memorial Day, which we just celebrated yesterday. I have a deep appreciation and gratitude for everyone who has served our country. I also know that there is a mindset and training involved in the military that can help you become much more productive and successful if applied to any industry. That being said, I would like to give you my top four military mindsets that will help you be a much more productive and successful real estate investor if applied to your business.
I would also like to clarify that the four traits that I am going to talk about are not all-inclusive. There are many other traits and qualities that are taught in our military that I also could’ve mentioned. I’m just mentioning the ones that come to mind for me as a real estate investor.
Regardless of your political opinions and your political affiliations, I think we can all agree that there are positive characteristics that can be taken from the military and applied into our civilian lives.
So here we go! Four things that I believe the military instills in its soldiers that will help you in your business:
1. Organization–taught very early on in the military. New soldiers are given rules and regulations, as well as guidelines of how to dress, walk, talk, and conduct themselves in general. The key here is that they are organized inconsistent in their execution. That organization inconsistency allows them to be as efficient as possible. It also gives them a blueprint of how to react in various situations.
2. Competitiveness –I have been very clear in this podcast in saying that I do not feel that you should view other real estate investors in your area as competition. That being said, I think that it is important to view the success of your colleagues as inspiration to improve yourself and your business. If a fellow real estate investor in your market is just killing it, you should be inspired by that and work even harder to be successful. You should not view it as a negative thing, but rather as inspiration. A healthy competitive spirit will help keep you sharp, and always striving to do better.
3. Do more before 9 AM than most people do all day. A lot of you will recognize this as a slogan the army used several years ago. I don’t think it has to be taken 100% literally, but I do think it’s important to get a jump on your day and get started early. Always assume that the other investors in your market are out there looking at houses, and searching the MLS for great deals. If you don’t start looking for houses and evaluating leads early, you can bet that somebody else is.
4. Excellence –on Wikipedia, excellence is described as follows:
Excellence is a talent or quality which is unusually good and so surpasses ordinary standards. It is also used as a standard of performance as measured e.g. through economic indicators.
I think it is always important in anything you do to strive for excellence. I love that Wikipedia defines excellence as something that surpasses ordinary standards. If you strive to be ordinary, you will get ordinary results. Always strive to be extraordinary. If you do so, with enough persistence and massive action, you can and should expect extraordinary results.
Okay, those were my four military mindsets that, if applied regularly and consistently, will help you in your business. I hope that you take each one of these and apply them to your business today. I know it will make a difference!