Property investment is not a one-man job.
One secret to growing your wealth is to grow your team as well.
Instead of trying to constantly have to divide your time between the same frivolous tasks that contribute absolutely nothing to the development of your business, delegate them to other people that you can trust.
While the simple stuff like checking your emails and keeping accounts are important, they can be quite tedious, and more often than not, they take time away from other more important tasks. So while you can’t ignore them, you can hire people to take care of things on the backend for you.
The same goes for the bigger tasks too. We all have things that we’re good at and bad at, and in a field like property investment, there are many jobs to be done.
It is normal for us to not excel at every single thing, but because these are necessary jobs, we have to get them done nonetheless.
So instead of ignoring them outright or attempting to do them yourself and presenting a mediocre result, get someone on board who can do it better than you can.
That frees you up to do more things you want to and focus on the tasks that you’re actually good at.
That is the beauty of real estate; the fact that it’s a team game. You and all the members of your team are like different pieces of one puzzle, or different cogs of a well-oiled machine.
But of course, building a team is more than just pointing at people and assigning them jobs. It’s also about being competent enough to manage them while also being able to do your own job.
Despite the fact that leadership skills are an absolute must, most “leaders” aren’t actually leaders at all. They’re bosses.
Being a leader is different from being a boss.
Being a boss means you can order people around and tell them what to do.
Being a leader means being able to help your team grow as individuals by leading them down the right path.
Leadership requires a few simple things:
You need to be able to understand your team. You need to be able to connect with them on a personal level. If you are able to understand where they are coming from, you will find it much easier to work together; to offer them help and be helped in return. Solving problems will be significantly less difficult.
If words didn’t exist, everything would be a million times harder. But since they do, it’s in your best interest to make the most out of them. Talk to your team. Tell them what you want. Hear out what they have to say. Having a good dialogue leads to a healthier relationship, and will ultimately lead to not only more productivity, but better ideas.
Dedication is a two-way street. You can’t expect your team members to commit to what you yourself cannot. You need to show your colleagues that you’re just as much in it as they are. Even the simplest of habits have the biggest impacts. If you’re constantly late, or you’re always slacking off, you’ll be setting a bad example. Not to mention all the adverse effects it will have on your company.
You may be thinking that leadership seems to be some sort of herculean task reserved for the best of the best. But the real goal of leadership is collective growth.
It doesn’t matter if you’re not the most successful guy out there, growing is a process that takes time. Leaders aren’t born after all, they’re made.
All great things start somewhere. And for you, it starts with taking responsibility.
Go out there and make yourself the best leader you can be.
Do you want to focus on what you do want in life versus what you don't want?