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#207: Planning Your 2024? How To Set Goals That You'll Actually Achieve
Manage episode 391701884 series 3302706
Sisällön tarjoaa Axel Ragnarsson. Axel Ragnarsson tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.
In this quick solo episode, I dive deep into the art of setting process-oriented goals. Forget the flashy endgame metrics that everyone's talking about. Instead, I'll walk you through the actionable steps that will truly drive your multifamily investment success in the coming year.
Typically, around this time of year, there's a surge in content about goals for the upcoming year, with many focusing on outcome metrics like units acquired, deals done, or revenue generated. While these give us a direction, I argue that they are not the most effective goals to track regularly.
Instead, I advocate for setting process-oriented goals. These are the daily, weekly, or monthly activities that directly contribute to achieving the larger outcome metrics. By focusing on the process, we can control our inputs, even if we can't always control the outputs.
In this episode, we discuss:
- Why is setting process-oriented goals important for the upcoming year?
- Why are process goals more effective than outcome goals?
- How to break down your big goals into actionable monthly targets?
- How important is tracking the right activities to achieve your real estate objectives?
- What are the specific strategies for making offers and securing deals in the multifamily space?
Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly.
Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.
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