REI In Your Car 182: General Patton and His Advice to Investors

Published: May 29, 2017, 10 a.m.

You\u2019ll notice I\u2019m a bit out of sorts in this episode, as I have a very annoying case of poison ivy. Nasty stuff. Went to urgent care and got a shot. Ouch! Headed to fill a prescription as I\u2019m recording.

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But on to other things\u2026

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I\u2019ve heard this Patton quote before, but just had someone recently bring it to my attention again. And I can\u2019t help but see the clear correlation with how I teach about the real estate investing business.

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\u201cA good plan violently executed now is better than a perfect plan executed next week.\u201d

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Another way to phrase this (which you\u2019ve heard me say many times) is: Take massive imperfect action. Perfect is never going to happen.

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This was brought home to me once again when a student asked a far-fetched \u201cwhat if\u201d question during a coaching call. These types of anticipatory questions will slow you down and bring you to a standstill.

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I\u2019m not pointing fingers because I used to do the exact same thing.

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Get rid of \u201cwhat if?\u201d Focus on \u201cwhat next?\u201d And you\u2019ll go further faster.

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