176 – All-Star Q & A with Justin Williams–Goal Setting

Untitled-1 copyIn this episode, I kick off my month long All-Star Q&A Series. All month, I am going to be asking some of the most incredible real estate investors that I have interviewed over the past seven months questions that I commonly get from new real estate investors. This is going to be an incredibly powerful series and I am really excited to bring it to you. We are kicking off the series with the following question: how should a new real estate investor approach goal setting in their real estate investing business?

Justin starts off this series with a bang! Not only is this guy an incredibly successful house flipper, but he also has the gift of articulating his knowledge very clearly so that it’s easy for the new real estate investor to understand. Justin’s advice for new real estate investors is to keep your goal simple. He suggests that it should be aggressive, but attainable.

He uses something he calls GPS when it comes to goal setting. GPS stands for:

Goals

Planning

Systems

He stresses that you must first set your goals. Then, just like a GPS system, you need to come up with a plan of how to get there–a kind of roadmap. You will never attain your goals if you don’t think of a plan to get there. Finally, he explains the importance of systems. If you don’t have a system or a mechanism for achieving the plan which supports the goal, you will ultimately fail.

I highly suggest that you listen to this episode on iTunes. Justin shares many great tips and you also get a small cameo appearance by his son!

 

You can find Justin at:
www.houseflippinghq.com

 

 

 

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12 Comments

  1. Charlie Poznek on 07/02/2014 at 6:24 AM

    Great episode! We so often overlook the importance of goal-setting. Getting specific and writing things done works wonders for achieving your goals. Thanks for the inspiration!!

  2. Max on 07/02/2014 at 7:50 AM

    Charlie – I agree these All Star Q&A eposides are great. Wonderful to hear different opinions on teh same topic. Great Job Mike in bringing this content to the podcast.

  3. Mike Simmons on 07/02/2014 at 8:16 AM

    Thanks guys! Justin really hit the nail on the head here! Great insight!

  4. Dean Patino on 07/02/2014 at 8:32 AM

    I really enjoyed listening to this interview with Justin. Setting a goal and having a simple plan behind it makes perfect sense. Especially having a buffer built into the plan to achieve it. Justin then explains why and how having a system is vital to work the plan. Thanks Justin, great info and examples!

  5. Celest Horton on 07/02/2014 at 9:21 AM

    Great post! Goals are so important, but I love your emphasis on a plan to achieve them. Without a roadmap it is always hard to reach a new location. Great ideas. Thanks!

  6. Frank Gustafson (@fgustafson) on 07/02/2014 at 12:08 PM

    Great stuff! this advice (GPS) is valuable for any business venture! Thanks for the wisdom!

  7. Paul Colaianni on 07/02/2014 at 1:18 PM

    I’ve never been good at goal setting, but the way Justin explained it may just convert me into a successful goal setter! Thank you for the great episode.

  8. Christine on 07/02/2014 at 4:16 PM

    Setting a goal and having a road map. Nothing is going to happen without these two simple steps. Great episode.

  9. Alex Harris - AlexDesigns on 07/02/2014 at 8:01 PM

    Great tips on settings goals. Love the guest hosts!

  10. Anthony Tran on 07/03/2014 at 2:45 PM

    Justin always brings a lot of valuable advice to the table. Goal setting and creating an actionable plan to obtain them is so powerful! Also I like the tips on how to systemize your business. Good stuff!

  11. Amber Hurdle on 07/04/2014 at 12:34 PM

    I have to highlight, aggressive but attainable goals. Being the first step, this is very crucial. Nevertheless, we should also pay as much attention to our planning and systems that we have in place. Huge points and critical to any business. Thanks for sharing this, Justin.

  12. Sandy Donovan on 07/04/2014 at 9:01 PM

    Keep goals simple – that is great advice. Focusing on one thing at a time helps and allows for some flexibility as things change. Good points, Justin!

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