EP057: How to Beat Shiny Object Syndrome

Do you find yourself getting distracted by new business opportunities? Are you losing focus around your ultimate goal of attaining passive income and legacy wealth through buy and hold real estate? I recognize that struggle, as I too, have suffered from shiny object syndrome.

On today’s show, I’m sharing my struggle with shiny object syndrome. I’ll talk about the danger in constantly moving to the next idea, as well as suggesting some strategies you can implement to maintain your focus. Don’t miss episode 57 of Investing in Real Estate!

More About This Show
In my role at Morris Invest, I speak with a lot of investors about their goals. Many investors, particularly those who are early in their real estate journey are understandably excited. They are propelled by their success in obtaining their first property.

However, if that excitement is not correctly guided, it’s easy to become misdirected. If you begin considering a multitude of different strategies going forward, you’ll delay your progress. Don’t get me wrong, I am all for having goals!

But what is really powerful is to deliberately focus that inspiration. When I first began in real estate, I was laser focused on wholesaling. I quickly became frustrated, and started considering other options within the world of real estate.

My mentor assured me that by changing directions, I would only lose all the progress I had made. When you redirect your energies, you have to begin in a totally new direction. I want you to remember that if you feel swayed by a shiny object, it’s going to be ten times harder than you expect.

On today’s show, I’m sharing a specific strategy you can use when faced with a shiny object. I’ll talk about appropriately channeling your energy in order to reach your goals. I'm also sharing a  real life example about what can happen when you decide to take action toward your goals instead of becoming distracted. 

If you’re ready to take the first actionable step toward building a passive income, book a FREE call with my team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.  

On this episode you’ll learn:

  • What is an effective strategy to reverse engineer your life?
  • Why should you write down your goals?
  • What is the harm in shifting tasks? 
  • What questions should you ask yourself once you reach your Freedom Number? 
  • And much more about buy and hold real estate!

 Episode Resources
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